Globalization

Outlining the problems of international economic integration, Vincent Cable examines the weakness of government structures to effectively deal with the global integration of technology, emerging financial markets, and multinational corporate greed. He covers the currency crisis in Southeast Asia and its consequences and ramifications, as well as the lack of voice in the World Trade Organization for countries like China and Russia. He concludes by detailing the conflicting pressures on global rule-making and advocates a possible structure for global regulation.