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IPE is most generally concerned with the interaction of the two dominant forces of social organization in the modern world, 'the state' and 'the market'. While it is charged that the process of globalization is altering the interrelationship between the two in favour of the latter, whether or not economic globalization is leading to some measure of convergence among the institutions and actors involved in this interaction has not been given much explicit consideration. Against this backdrop, this volume provides the first systematic assessment of the convergence/divergence question by arranging the chapters according to the level of analysis (macro, intermediate or micro) to which they speak. Utilizing this technique helps disentangling the complexity that stems from the fact that the processes of convergence and divergence often occur simultaneously in the same empirical context. This approach makes it possible to identify avenues for further research to enhance the theoretical understanding of globalization.
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