This paper critically examines the fears of India's cultural nationalists that globalisation will undermine ancient and cherished ways of life, by distinguishing between modernisation and Westernisation. It argues that accepting the material beliefs of the West, which is essential for...

The paper examines the rise fall and rise of the Liberal International Economic Order over the last 150 years, and critically examines the various hopes and fears in developed and developing countries that this most recent global integration is raising

This paper surveys the role of institutions in promoting economic growth in cross-cultural and historical perspective. It examines inter alia, whether institutional development can be incorporated in formal growth theory, the influence of politics on economic growth and the relationship of...

In examining the effects of the communications revolution on economic performance, the paper makes a distinction between the exchange and policing aspects of transactions costs and shows how they can be mapped into what are distinguished as the material and cosmological beliefs of different...

The paper examines the shifts in attitudes to foreign investment; charts the dimensions and composition of capital flows to develeping countries; outlines existing barriers and the effects of taxation on these flows, and critically examines the demand for their regulation in the light of the...

This article argues the case for empires. They provided global order in the nineteenth century. Their dissolution in the twentieth century resulted in global disorder. A blind spot in the classical liberal tradition was its assumption that international order would be a spontaneous by-product of...

Books reviewed: John E. King - A History of Post Keynesian Economics Since 1936 Christian Gourieroux And Joann Jasiak - Financial Econometrics: Problems, Models and Methods William Easterly - The Elusive Quest for Growth Mark Skousen - Making Modern Economics Alan D. Woodland - Economic Theory...

This paper notes that there is a need to get to a fourth stage in the evolution of the relationship of free trade to laissez faire going beyond the three stages identified in Max Cordon's magisterial book. In the first stage free trade was a special case of the argument for laissez faire. In the...

This paper challenges the idea that globalization should be viewed as a damaging western ideology. Rather than being an expression of US imperialism, the benign process of globalization is threatened by the unwillingess of the US to maintain its Pax, whilst simultaneously attempting to legislate...

This paper argues that environmentalism has become a new secular Western religion, which threatens world disorder as well as the prospects of alleviating poverty in the Third World. It critically examines the Green agenda in terms of a number of prospective international environmental treaties:...