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Changing Nature: Globalization And Economic Reforms In Brazil, Lucas Gimenes Loureiro
Changing Nature: Globalization And Economic Reforms In Brazil, Lucas Gimenes Loureiro
Theses and Dissertations
Globalization is affecting our lives in ways that we never expected before. Greater interdependence, some scholars argue, weakens the ability of nation-states to retain their authority over individuals and corporations. However, nation-states are highly adaptable and they have the power to maintain their primacy . Governments have the ability to choose which model of development their economies should pursue. Thus, based on the choice of economic model, nation-states shape their economies and the way business operates within it. In other words, governments will essentially steer their economies in a certain direction, even though they cannot determine the exact path that …