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The political economy of the third way: the relationship between globalisation and national economic policy

Lee, Simon


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Dr Simon Lee
Senior Lecturer/ Faculty Ethics Committee


Jonathan Michie


The past 30 years are often depicted as an era of globalisation, and even more so with the recent rise of global giants such as Google and Amazon. This updated and revised edition of The Handbook of Globalisation offers novel insights into the rapid changes our world is facing, and how best we can handle them.

With multi-disciplinary contributions from leading experts, this Handbook covers a broad spectrum of issues and opportunities surrounding modern globalisation. It explores the idea that globalisation is not new, natural or inevitable, but rather that current global arrangements are the result of corporate pressure and the choices of politicians. It highlights the fact that the deregulated, free market form of globalisation is not unavoidable and explores a new era of global co-operation based around a Green New Deal. It also considers the future of globalisation in the face of the Trump presidency, Brexit and the move towards more state-centred policies.

This Handbook continues to be a vital resource for scholars, students and researchers of economics, international relations, and business and management who wish to gain a more in-depth understanding of globalisation from a variety of different disciplines. Politicians and policy makers will also benefit from the advice offered to avoid some of the increasingly negative impacts of our globalising world.


Lee, S. (2019). The political economy of the third way: the relationship between globalisation and national economic policy. In J. Michie (Ed.), The Handbook of Globalisation (347-357). (3rd ed.). Cheltenham: Edward Elgar Publishing.

Online Publication Date Apr 26, 2019
Publication Date Jan 1, 2019
Deposit Date May 4, 2022
Publisher Edward Elgar Publishing
Pages 347-357
Edition 3rd ed.
Book Title The Handbook of Globalisation
Chapter Number 20
ISBN 9781788118590 ; 9781788118613
Keywords Political economy; Third Way; Tony Blair; Globalisation; Economic policy
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