'Global Shift just keeps on getting better. There is no other source that gives you the full story on globalization in such a fluent and authoritative way. Not just recommended but essential' - Nigel Thrift, Vice-Chancellor, The University of Warwick 'Impressive in the extent of empirical research, Global Shift successfully captures the historical continuities and basic changes marking the world economy. Peter Dicken's new edition is a vividly written guide to globalizing processes' - James H. Mittelman, Professor, School of International Service, American University, Washington, DC 'With this edition of Global Shift, Professor Dicken confirms his mastery as one of the preeminent authorities in the study of globalization. If you wish to explore beyond "flatland", I can't recommend a better source' - Professor William E. Halal, George Washington University 'A comprehensive, balanced, thorough, interdisciplinary review of one of the critical issues of our time. A must for anyone interested in globalization' - Stephen J. Kobrin, University of Pennsylvania The fifth edition of Global Shift is now completely revised and updated using the latest available sources. Every chapter has been extensively rewritten to take into account not just new empirical developments but to incorporate new ideas on production, distribution, and consumption in the global economy. The standard work on globalization provides " the most comprehensive and up-to-date coverage of economic globalization available " a clear guide to how the global economy is transformed by: transnational corporations; states and interest groups; and technology " detailed literature review that explains different theories of economic globalization in the larger context of a descriptive account of newly industrialising economies " sectoral case studies - with a new case study on agro-food industries - which illustrate diverse processes of globalization " new material on social movements, governance, environment, and alternative economic systems Extensive use of graphics, lack of jargon, clear definition of terms, makes Global Shift the key resource on economic globalization in the social science literature

Table of Contents:
PART ONE: THE SHIFTING CONTOURS OF THE GLOBAL ECONOMY Questioning ′Globalization′ What in the world is going on? Conflicting perspectives on ‘globalization’ Unravelling the complexity of the new geo-economy: economies as networks Production circuits; production networks Even in a globalizing world, economic activities are geographically localized 21 Networks of networks The geo-economy and the environment Global Shift: The Changing Global Economic Map What’s new? The imprint of past geographies Roller-coasters and interconnections The changing contours of the global economic map: global shifts in production, trade and direct investment PART TWO: PROCESSES OF GLOBAL SHIFT Technological Change: ′Gales of Creative Destruction′ Technology and economic transformation Processes of technological change: an evolutionary perspective The time–space shrinking technologies Technological changes in products and processes Geographies of innovation Transnational Corporations: The Primary ′Movers and Shapers′ of the Global Economy The significance of the transnational corporation Why firms transnationalize How firms transnationalize ‘Placing’ firms: the myth of the ‘global’ corporation ′Webs of Enterprise′: The Geography of Transnational Production Networks The ‘global–local’ question: an oversimplified view of the TNC’s dilemma Configuring the firm’s production network: the complex internal geographies of the TNC TNCs within networks of externalized relationships Regionalizing transnational production networks ′The State is Dead…Long Live the State′ ‘Contested territory’: the state in a globalizing economy States as containers of distinctive cultures, practices and institutions States as regulators of trade, foreign investment and industry States as competitors States as collaborators: the proliferation of regional integration agreements ′Doing it Their Way′: Variations in State Economic Policies From the general to the specific A degree of convergence The older industrialized economies: the United States and Europe Japan Newly industrializing economies Dynamics of Conflict and Collaboration: The Uneasy Relationship Between TNCs and States The ties that bind Bargaining processes between TNCs and states PART THREE: THE PICTURE IN DIFFERENT SECTORS ′Fabric-ating Fashion′: The Clothing Industries The clothing production circuit Global shifts in the clothing industries Changing patterns of consumption Production costs and technology The role of the state and the Multi-Fibre Arrangement Corporate strategies in the clothing industries Regionalizing production networks in the clothing industries ′Wheels of Change′: The Automobile Industry The automobile production circuit Global shifts in the automobile industry Changing patterns of consumption From mass production to lean production: technological change in the automobile industry The role of the state Corporate strategies in the automobile industry Regionalizing production networks in the automobile industry ′Chips With Everything′: The Semiconductor Industry The semiconductor production circuit Global shifts in the semiconductor industry Changing patterns of consumption Production costs and technology The role of the state Corporate strategies in the semiconductor industry Regionalizing production networks in the semiconductor industry: the case of East Asia ′We Are What We Eat′: The Agro-Food Industries Transformation of the food economy: the ‘local’ becomes ‘global’ Agro-food production circuits Global shifts in the agro-food industries Consumer choices – and consumer resistances Transforming technologies in agro-food production The role of the state Corporate strategies in the agro-food industries ′Making the World Go Round′: Financial Services Money counts The structure of the financial services industries The dynamics of the market for financial services Technological innovation and the financial services industries The role of the state: regulation and deregulation in financial services Corporate strategies in financial services Geographical structures of financial services activities ′Making the Connections, Moving the Goods′: The Logistics and Distribution Industries ‘Whatever happened to distribution in the globalization debate?’ The structure of the logistics and distribution industries The dynamics of the market Technological innovation and the logistics and distribution industries The role of the state: regulation and deregulation in the logistics and distribution industries Corporate strategies in the logistics and distribution industries Logistics ‘places’: key geographical nodes on the global logistics map PART FOUR: WINNING AND LOSING IN THE GLOBAL ECONOMY Winning and Losing: An Introduction From processes to impacts The contours of economic development Making a living in the global economy The ‘double exposure’ problem Good or Bad? Evaluating the Impact of TNCs On Home and Host Economies A counterfactual dilemma TNCs and ‘home’ economies: potential impacts of outward investment TNCs and ‘host’ economies: potential impacts of inward investment Making a Living In Developed Countries: Where Will the Jobs Come From? Increasing affluence – but not everybody is a winner What is happening to jobs and to incomes? Why is it happening? What is being done? Making a Living In Developing Countries: Sustaining Growth, Enhancing Equity, Ensuring Survival Some winners – but mostly losers Heterogeneity of the developing world Sustaining growth and ensuring equity in newly industrializing economies Ensuring survival and reducing poverty in the least developed countries Making the World a Better Place ‘The best of all possible worlds’? Globalization and its ‘discontents’: emergence of a global civil society? Global governance structures Two key concerns: labour standards and environmental regulation To be ‘globalized’ or not to be ‘globalized’: that is the question What might the future be? What should the future be?