A plausible theory of globalisation must be based upon two fundamentals concerning the economies of the nation-states, their environments and their governments: interdependency and coordination. The first factor in this equation is the rapidly increasing reciprocities between nations, while the second refers to the unfolding of coordination games between the governments of the major states taking place within global meetings, international organisations and regional cooperation mechanisms. On the one hand, there is the danger that the governments will end up in discoordination or even the worst coordination failure conceivable, a global disaster for mankind. On the other hand, globalisation holds the promise of a Kantian world order, based upon global market prosperity and a world internet community.
Print ISSN: 1610-7780
Volume: 2, 12/2004
Pages: 506 - 526