 Capital, Crisis and the International State SystemPeter Burnham Chapter 5 in Global Capital, National State and the Politics of Money, 1996, pp 92-115 from Palgrave Macmillan Abstract: Abstract The closing months of 1993 saw the conclusion of two agreements heralded by liberals as setting the world economy on a new and sound footing. The United States’ ratification of the North American Free Trade Agreement (NAFTA) in November was capped in December 1993 when the Director-General of the General Agreement on Tariffs and Trade (GATT) brought down the gavel on the Uruguay Round, which had been formally launched in September 1986. Amid the popping of champagne corks the Financial Timesdeclared that the agreements would provide, ‘powerful underpinning for the world economy, fresh impetus to competition, and fresh hope for those developing and former communist countries that have been opening up to international commerce’.1 By the opening months of 1994 this liberal triumphalism looked somewhat premature in the face of the Zapatista revolt in Chiapas (see Chapter 7; and Cleaver, 1994) and tension in Europe occasioned by persistent economic stagnation and disputes over the enlargement of the European Union. Keywords: Civil Society; National State; Class Relation; National Form; Capitalist State (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14240-8_5 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-14240-8_5 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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