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International Journal of Law and Management

Taking Embedded Liberalism Global: The Corporate Conenction

John Gerard Ruggie
Harvard University
Abstract :

In the Victorian era, policy concern with the level of domestic employment and price stability was subordinated to maintaining the external value of currencies and, less consistently, to the strictures of free trade. But the growing democratization of national political life made that posture increasingly unsustainable, and the first so-called golden age of globalization unraveled. In the period between the two world wars the opposite was true: the unfettered quest for national policy autonomy – pushed by the political left, right and center alike – steadily undermined and ultimately destroyed an already fragile international economic order.

Keywords :
Public Expenditure

Date Deposited : 18 Mar 2016 14:13

Last Modified : 18 Mar 2016 14:13

Official URL:

Volume 2003, Number 2, - 2003 , ISSN 1552-6275

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