This introductory chapter seeks to identify the key themes , albeit, in an abbreviated form. In particular, it examines four aspects of the governance of modern states, which need reappraising in the light of the globalization of economic activity. These aspects are as follows: first, the distinction between the systemic and the operational roles of governments; second, the country‐specific factors most likely to affect this role, and especially how these change as countries move along their development paths; third, the kinds of responses of governments to globalization; and, fourth, the appropriate territorial jurisdiction of governments—for example, supra‐national, national, or sub‐national. The last part of the introduction briefly highlights the main features of each of the succeeding chapters.
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