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What Is Globalisation?

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Abstract

The globalisation debate has gone through three phases. In the first phase, the so-called sceptics, who questioned the very existence of the phenomenon, opposed the ‘globalists’ who firmly asserted that its existence was undeniable. In the second phase, the existence of globalisation became consensual and the debate moved into the streets, where anti-globalists violently opposed its advent. In the third phase, even the anti-globalists have come to terms with the inevitability of globalisation, and discussions have shifted to tackle the question of how to govern globalisation. Summing up, the debate moved from the questions, ‘Does globalisation exist?’ and ‘what are the consequences of globalisation? to ‘How to govern globalisation?’ This chapter answers these questions with reference mainly to theories of international political economy.

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Talani, L.S. (2019). What Is Globalisation?. In: Shaw, T.M., Mahrenbach, L.C., Modi, R., Yi-chong, X. (eds) The Palgrave Handbook of Contemporary International Political Economy. Palgrave Handbooks in IPE. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-45443-0_26

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