Chapter
Introduction:States under Siege
Marjorie Griffin Cohen and Stephen Clarkson
Globalization, globalism, and global governance
Global governance and the semi-periphery
Globalization and the Social Question
The new constitutionalism and the power of global capital
Semi-peripheral Countries: Norway, Mexico, Australia, Canada
Globalization in Norwegian: Peculiarities at the European Fringe
The coordinates of the globalization debate
‘Globalization’ hits Norway
Globalization in Norwegian
The new internationalization
State, business, and the politics of oil
The politics of the commons
The peculiarities of the Norwegians: a summing-up
Norway, the EEA, and Neo-liberal Globalism
Dag Harald Claes and John Erik Fossum
Norway and the world around it
Adapting to what? The EU as a political system
Mechanisms: how Norway adapts
Legal obligation: the nature of the formal ties – the EEA agreement
Adaptation as changed incentives
The interaction of rules and incentives
The consequences of adaptation
Direction of policy change
Conclusion: towards neo-liberal convergence
The Rise and Fall of an 'Organized Fantasy': The Negotiation of Status as Periphery and Semi-Periphery by Mexico and Latin America
Latin America negotiates its position as a peripheral region
The role of international organizations in the economic control of Latin America
Mexico and the shift to neo-liberalism
Governability and the North American Free Trade Agreement
Mexico: Relocating the State within a New Global Regime
The international economic environment during the 1980s and 1990s
The Mexican democratic transition in 2000
The unfolding of financial crises
Figure 6.1 Exchange rate and total exports in Mexico, 1981-2000
Figure 6.2 Minimum wages, manufacturing industry average remunerations and employment in Mexico, 1980-2000
Figure 6.3 Economic deficit, service of external public debt, and health and education expenditure, 1980-2000
Trade openings: winners and losers
Australia: Asian Outpost or Big-time Financial Dealer?
Figure 7.1 Australian exports, major trading countries, 2000-1
Protection of domestic industry
Figure 7.2
Australian imports, major trading countries, 2000-1
Figure 7.3 Australia’s current account deficit, 1985-2000
($bn)
Globalization from one country
Internationalization of investment and finance
An international currency
Where does Australia stand?
The rise of competitiveness: implications for the labour market
Australia: Neo-liberal Globalism and the Local State
The rise of local neo-liberalism
The limits of local neo-liberalism
A sustainable regime of capital accumulation?
A sustainable regulatory framework?
Problems of social reproduction
Global Governance and the Semi-peripheral State: The WTO and NAFTA as Canada’s External Constitution
Amending the supraconstitution
Exercising supraconstitutional rights abroad
International Forces Driving Electricity Deregulation in the Semi-periphery: The Case of Canada
Changes in the electricity industry
Table 10.1 Fuel sources for electricity generation (% of total electricity production)
Table 10.2 Comparative electricity prices in North America (Canadian cents/kWh)
Table 10.3 North American world electricity trade (billion kWh, 1999)
Money on the (Continental) Margins: Dollarization Pressures in Canada and Mexico
Why is dollarization an issue?
Table 11.1 Canadian Exports, 1985-2000
Figure 11.1 US/Canadian dollar exchange rate, 1970-2001
Table 11.2
Mexican exports, 1985-2000
Figure 11.2 US dollar/Mexican peso exchange rate, 1990-2001
Taking Investments Too Far: Expropriations in the Semi-periphery
The Rule of Rules: International Agreements and the Semi‑periphery
Stephen McBride and John Erik Fossum
The international political economy as a system of power
Towards a post-national constellation?
International market-making systems: rules for efficiency
Rule enforcement in market-making systems: accountability/monitoring/review
Rule enforcement in market-making systems: adjudication
The EU: neo-liberal copy-cat or novel polity?
Beyond market-making: from Common Market to polity/political system
Comparing Economic Performance
Zonal Structure and the Trajectories of Canada, Mexico, Australia, and Norway under Neo-liberal Globalization
Neo-liberal globalization and zonal structure
Table 14.1 Changes in zonal membership, 1980–1999
Figure 14.1 Zonal population share, 1980-1999
Trajectories of Canada, Mexico, Australia, and Norway under globalization
Table 14.2 Population and income, 2000
Figure 14.2 Per capita MER GNI relative to US per capita GNI
Figure 14.3 Per capita PPP GNI relative to US per capita GNI
Figure 14.4 Real GNI trends, Canada
Figure 14.5 External dependency, Canada (%)
Figure 14.6 Export destination concentration index
Figure 14.7 Real GNI trends, Mexico
Figure 14.8 External dependency, Mexico (%)
Figure 14.9 Real GNI Trends, Australia
Figure 14.10 External dependency, Australia (%)
Figure 14.11 Real GNI trends, Norway
Figure 14.12 Trade dependency, Norway (%)
Divergent semi-peripherality, vulnerability, and sustainability
Table 14.3
Income performance, external dependency, and vulnerability