ABSTRACT:
This article starts from the assumption that there are two basic scenarios for the future of an enlarged European Union in the world system. One is an enlarged EU that would be a global challenger, a scenario, which would amount to the repetition of the cycles of global challenges, this time on the part of the European Union. Such a scenario might sound very distant at the moment, both culturally and politically, but it would correspond to the logic of world capitalism over the last 500 years, re-analyzed in this paper. Although such a scenario is not applicable to the present EU-15 or, at any rate, an EU-15, enlarged by the two island economies of Malta and Cyprus, and the present 10 Central and East European accession countries, an EU comprising up to 40 nations of the third and fourth enlargement wave indeed would be a major change in the structure of the international system and could be driven by its own internal deficient dynamics, characterized by low innovation and high government spending, and by the pressures of the world system, into such a position.
A large section of the paper is thus dedicated to show that a global challenge option - which might be implicit in the thinking behind the trilateral competition between Europe, America, and Asia - is not only not feasible, but that it is world politically dangerous. A second scenario is the European Union as the driving force behind a movement towards global governance, the only and reasonable alternative to the workings of the capitalist world system and its tendencies towards inequality and conflict.
Table of Contents:
Introduction
Ch. 1 The Destructive Dimension of the Accumulation of Capital / Samir Amin 1
Ch. 2 Globalization or the Age of Transition?: A Long-Term View of the Trajectory of the World-System / Immanuel Wallerstein 17
Ch. 3 Globalization from Below: Toward a Collectively Rational and Democratic Global Commonwealth / Christopher Chase-Dunn 29
Ch. 4 Global Governance / Kimmo Kiljunen 55
Ch. 5 The European Union: Global Challenge or Global Governance? 14 World System Hypotheses and Two Scenarios on the Future of the Union / Arno Tausch 93
Ch. 6 African Grassroots Roles in the 'Anti-Globalisation' Movement: Strategy, Self-Activity and South-South-North Solidarity / Patrick Bond 197
Ch. 7 Invisible Strengths: The Greek Experience / Petros Haritatos 225
Ch. 8 Asian Meltdown or Startup? / Andre Gunder Frank 257
Ch. 9 The Painful Way to "Capitalist Development": Structural Adjustment and Foreignization of the Argentine Economy in the Nineties / Ernesto R. Gantman 261
Ch. 10 The Decline of Labor Standards in the U.S. Apparel Industry / Robert J. S. Ross 277
Ch. 11 Exploring Turkey's Trajectory towards Global Capitalism: On the Golden Road to Prosperity, or the Tightrope to Semi-Peripheral Incorporation? / Sadik Unay 295
Ch. 12 Elements of an I-O-based Framework for Marxian, Feminist and World-System Approaches / Hardy Hanappi, Edeltraud Hanappi-Egger 315
Ch. 13 Toward a Center-Periphery Model of Global Accounting / Emilio J. Chaves 335
Ch. 14 Time Series of Unequal Exchange, 1960-1998 / Gernot Kohler 373
General Bibliography 387
About the Authors 445
Index 449
Description xv, 453 p. : ill. ; 28 cm.
Includes bibliographical references and index.
Subject International economic relations.
Globalization -- Economic aspects.
International trade.
Other author Kohler, Gernot.
Chaves, Emilio Jose.
ISBN 1590333462
