© 1998

Industrial Crisis and the Open Economy

Politics, Global Trade and the Textile Industry in the Advanced Economies


Part of the International Political Economy Series book series (IPES)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Geoffrey R. D. Underhill
    Pages 1-32
  3. Geoffrey R. D. Underhill
    Pages 153-196
  4. Geoffrey R. D. Underhill
    Pages 252-257
  5. Back Matter
    Pages 258-280

About this book


Written in the context of contemporary theoretical debate in international political economy, this book overturns a number of myths about the political economy of trade in one of the oldest areas of industry. In this way the author systematically links the changing characteristics of the trade regime to structural change and adjustment in global industry. He argues that state policy processes, international regimes and the industrial adjustment strategies of firms must be conceptualised as integrated processes of governance cutting across levels of analysis in the global political economy.


competition Governance International Political Economy political economy structural change

Authors and affiliations

  1. 1.University of AmsterdamThe Netherlands
  2. 2.University of WarwickUK

About the authors

GEOFFREY R.D. UNDERHILL is Professor of International Governance at the University of Amsterdam, The Netherlands. He obtained his BA (Honours) First Class from Queen's University at Kingston, and did his doctoral degree at St Antony's College, Oxford. He has published widely on the political economy of international trade and on the globalisation of financial services market. His publications include: Political Economy and the Changing Global Order edited with Richard Stubbs, (1994); The Single Market and Global Economic Integration, a special issue of Journal of European Public Policy volume 2, no. 3, 1995, and Regionalism and Global Economic Integration: Europe, Asia and the Americas (1998), both edited with William D. Coleman and The New World Order in International Finance (1997).

Bibliographic information

Industry Sectors
Finance, Business & Banking


'This is a book which speaks clearly to a number of audiences, from students of international/comparative political economy and policy studies to economists and international legal scholars to policy-makers. It takes a fresh look at the dynamics of global production and international trade, with implications well beyond the textile and clothing sectors themselves. A particular innovation is the way in which the study systematically links the politics of domestic industrial restructuring to the emerging international trade regime, with genuine insight into the workings of global markets and their relationship to political institutions at national, regional, and international levels. In this sense the book understands globalisation as a symbiotic relationship between changing structures of world industries and the bargains of the international trade regime.' - Jeremy Richardson, Professor of European Public Policy, University of Essex