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Economic Nationalisms of Asia
Globalisation and Economic Nationalism in Asia edited by Anthony D'Costa (Oxford: Oxford University Press), 2012; pp 288, £58.
This book tries to analyse whether globalisation has resulted in a retreat of economic nationalism. This is defined by the editor, Anthony D’Costa, as a set of state practices, policies and strategies, often in concert with private capital and politically supported, generally by organised labour to protect and promote national economic interests such as improving wages and incomes, fostering national competitiveness, promoting national champions, etc. He defines globalisation as “the ongoing, contested process of international economic integration through which flows of trade, investment and technology, and people expansively and intensely interconnect national economies”. Globalisation is the process of expansion of national capitalism and at the same time is the outcome of expansion of national capitalism.
Nation vs State