Domestic Adjustments to Globalization

Charles E. Morrison, Hadi Soesastro
Release Date: December 1, 1998

This volume consists of the collected papers of an international team of scholars who surveyed attitudes in their countries toward globalization processes and identified the key policy debates. The authors, drawn largely from the Asia Pacific region, found that globalization processes throw up the same kind of issues in most countries, developed and advanced.

The common denominator is a fear of loss of control. But in some developing or more highly regulated economies, the emphasis remains on how to relax barriers that inhibit national participation in globalizing processes and thus depress growth. In other countries, such as the United States and Canada, debate centers on coping with the consequences of globalization, including employment security and fiscal and monetary control.

The countries examined show a wide variety of regional experiences: Japan, South Korea, China, Thailand, Indonesia, the Philippines, New Zealand, Canada, and the United States. The authors also consider future directions for research on globalization issues.