Is globalization being derailed by opponents? Result of this event study analysis of the 1997 fast-track denial suggest that investors (1) may have perceived fast-track as a debate on globalization and (2) appear to have expected financial losses to result from the failure to enact fast-track....

Analyses transnational corporations, groups who resist them, and the primary context within which the relationship between transnational corporations and their opponents unfold: the state. Argues that globalization is a contested terrain in which the power of transnational corporations is...