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Full-Text Articles in Economic Theory
Confronting The New Reality: Globalisation, The Global Financial Crisis And The State, John H. Farrar, David Mayes
Confronting The New Reality: Globalisation, The Global Financial Crisis And The State, John H. Farrar, David Mayes
John H. Farrar
Globalisation and the financial crisis have presented major challenges to orthodoxy. This article discusses the implications of these challenges for the role of the state across the globe and argues that it is high time to confront our theory with reality.