The world is changing very swiftly at the end of the twentieth century. New developments in information technology, an increasing flow of information and cultural exchanges, and the rapidity with which trade and investment now takes place has given rise to uncertainty. This book seeks to understand the nature of these changes and find out whether this process of globalization is in fact something new. In particular it examines the impact of change on the sovereignty of the nation state. The authors consider the historical development of the state in the global economy, the forces that have created the modern global economy, regional issues of globalization and the importance of the state. Also included are a series of case studies from around the world. Students will welcome the combination of theoretical and case material presented by some of the foremost experts in this field. Professor Giovanni Arrighi John Hopkins University. Professor Jozsef Borocz Rutgers University. Professor William G. Clarence-Smith School of Oriental and African Studies. Pro