Skip to main content
Article thumbnail
Location of Repository

Globalisation and economic regionalism: a survey and critique of the literature

By Helen Sharmini Nesadurai


The relationship of regionalism to globalisation is modelled in the literature either as open regionalism aimed at integration with the global market or as a project of resistance to global market forces. While the model of open regionalism is underwritten by the liberal political economy perspective on IPE, the resistance model pays close attention to domestic politics. Although they offer considerable insights into the globalisation-regionalism relationship, the former model lacks a realistic notion of both the international and domestic political economies, while the latter adopts a somewhat Euro-centric view of dynamics at the domestic level based on the European welfare state. This paper argues that the economic realist perspective on IPE combined with an approach to domestic politics that pays especial attention to historical and political context offers additional insights into the globalisation-regionalism relationship. First, it makes it possible to (a) identify two variants of open regionalism (a neoliberal variant and an FDI model), and (b) to advance a fourth ideal-type model of the globalisation-regionalism relationship, namely developmental regionalism. The latter model, which also draws on strategic trade theory, involves making a conceptual distinction between foreign-owned and domestic-owned capital, a distinction that is presently missed in the literature and that may be relevant in settings where domestic-owned capital plays crucial political/social roles. Second, it suggests that it is primarily domestic political economic dynamics that determines which of these models emerges in response to globalisation, although the push to regionalism may have initially come from systemic forces. The domestic level is consequently a key level of analysis in explanations of regionalism

Topics: HC, JZ
Publisher: University of Warwick. Centre for the Study of Globalisation and Regionalisation
Year: 2002
OAI identifier:

Suggested articles


  1. (1996). Are All Politics Domestic? Perspectives on the Integration of Comparative Politics and International Relations Theories’ Comparative Politics, doi
  2. (2003). Attempting Developmental Regionalism Through AFTA: The Domestic Sources of doi
  3. (2000). Back from the Brink: The Theory and Practice of Globalisation at Century’s End,
  4. (1993). Business and Banking: Political Change and Economic Integration in doi
  5. (1996). Conclusion: The New Regionalism’, in Andrew Gamble and Anthony Payne (eds), Regionalism and World Order, doi
  6. (1999). Conglomerates: All in the Family’
  7. (1998). Constructing the World Polity, doi
  8. (1992). Economic Discrimination and Political Exchange: World Political Economy in the 1930s and 1980s, doi
  9. (1999). Economics, Politics and (International) Political Economy: The Need for a Balanced Diet in an Era of Globalisation’, doi
  10. (1998). Elite Governance: Business, Bureaucrats and the Military’
  11. (1996). Elites and Regimes in Malaysia, doi
  12. (1985). Explaining Cooperation under Anarchy: Hypotheses and Strategies’, doi
  13. (2000). Explaining the Regional Phenomenon in an Era of Globalisaton’,
  14. (1992). Four Asian Tigers with a Dragon Head: A Comparative Analysis of the State, Economy, and Society in the Asian Pacific Rim’,
  15. (1997). Global Capitalism and the State’, doi
  16. (1998). Global Shift: Transforming the World Economy (Third Edition),
  17. (1996). Globalisation and Internationalisation: The Dynamics of the Emerging World Order’,
  18. (2000). Globalisation and Policy Convergence: The Case of Direct Investment Rules’, in
  19. (1994). Globalisation and Regionalisation: The Challenge for Developing Countries, Paris: Organisation for Economic Cooperation and Development (OECD). doi
  20. (2000). Globalisation and Security in the Asia-Pacific: An Initial Investigation’ doi
  21. (1995). Globalisation and the Future of the Nation State’, doi
  22. (1997). Globalisation and the Postcolonial World, doi
  23. (1996). Globalisation in Question, doi
  24. (2000). Globalisation: A Critical Introduction,
  25. (1993). Globalisation: The Challenge for National Economic Regimes, Dublin: Economic and Social Research Council.
  26. (1996). Government and Society in doi
  27. (1996). Hobbes and International Relations: A Reconsideration’, doi
  28. (2000). How Global is Ford Motor Company’s Global Strategy?’, in doi
  29. (1984). Import Protection as Export Promotion:
  30. (1985). Increasing Returns, Imperfect Competition and International Trade, doi
  31. (1999). Introduction: Chalmers Johnson and the Politics of Nationalism and Development’,
  32. (1986). Introduction: New Thinking about Trade Policy,
  33. (1999). Investing in the Future: East and Southeast Asian Firms in the Global Economy’,
  34. (1996). Latin America and the Remaking of the Americas’, doi
  35. (1993). New Perspectives on Foreign Direct Investment’, doi
  36. (2001). Performance Legitimacy and “Soft Authoritarianism”’ in Amitav Acharya, B. Michael Frolic and Richard Stubbs (eds) Democracy, Human Rights and Civil Society in Southeast Asia,
  37. (1948). Politics Among Nations: The Struggle for Power and Peace, (Sixth Edition, Revised by Kenneth W. doi
  38. (1977). Politics and Markets: The World’s Political-Economic System, doi
  39. (1986). Rationales for Strategic and Industrial Policy’, doi
  40. (1995). Regionalism in Theoretical Perspective’ in Louise Fawcett and Andrew Hurrell (eds) Regionalism in World Politics, doi
  41. (1995). Regionalism, Globalisation, and World Economic Order’, in Louise Fawcett and Andrew Hurrell (eds) Regionalism in World Politics,
  42. (1999). Regions, Regionalism and the South’, doi
  43. (2001). Rethinking Globalisation,
  44. (1991). Rival States, Rival Firms: Competition for World Market Shares, Cambridge: doi
  45. (1995). Seeking a More Durable Basis’
  46. (1981). Social Forces, States and World Orders: doi
  47. (2000). Studying Regions: Learning from the Old, doi
  48. (1997). Territories, Flows and Hierarchies in the Global Economy’, doi
  49. (1990). The Borderles World,
  50. (1996). The Challenge of Globalisation’,
  51. (1995). The End of the Nation State: The Rise of Regional Economies, doi
  52. (2000). The Future of the Political Economy of Latin America’,
  53. (1997). The Globalisation of World Politics’ doi
  54. (2000). The Globalisation Syndrome: Transformation and Resistance, doi
  55. (1998). The Myth of the Powerless State, doi
  56. (1998). The New Political Economy of Area Studies’ Millennium: doi
  57. (1993). The Pacific: An Application of a General Theory of Economic Integration’
  58. (1997). The Political Economy of Democratic Transitions’, doi
  59. (2000). The Political Economy of European Integration’ doi
  60. (1987). The Political Economy of International Relations, doi
  61. (1992). The Problem of Globalisation: doi
  62. (1978). The Second Image Reversed: The International Sources of Domestic Politics’, doi
  63. (1995). The Third World Security Predicament, doi
  64. (1992). The Triumph of Neoclassical Economics in the Developing World: Policy Convergence and Bases of Governance doi

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.