The state in retreat? Transnational actors in the Asia-Pacific

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Abstract

In 1986, the political economist Susan Strange warned presciently in Casino Capitalism that international financial markets now resembled a giant casino, replete with ‘mad money’ that required regulation in order to avert collapse. A decade later, in The Retreat of the State (1996), Strange argued that transnational actors, from international crime syndicates to global financial institutions, had effectively taken over the economic and financial space previously occupied by states, compelling governments to beat a ‘strategic retreat’ as they competed for shares of capital and technology in a world of investment scarcity.

Original languageEnglish
Title of host publicationThe New Global Politics of the Asia Pacific
Subtitle of host publicationConflict and Cooperation in the Asian Century
PublisherTaylor & Francis
Pages273-301
Number of pages29
Edition3rd
ISBN (Electronic)9781317232681
ISBN (Print)9781138189577
DOIs
Publication statusPublished - 1 Jan 2018

Cite this

Davison, R. (2018). The state in retreat? Transnational actors in the Asia-Pacific. In The New Global Politics of the Asia Pacific: Conflict and Cooperation in the Asian Century (3rd ed., pp. 273-301). Taylor & Francis. https://doi.org/10.4324/9781315625669