Even as globalization annihilates distance and joins countries, pressures for local autonomy and towards urbanization are diffusing economic and political power within countries. These changes are transforming the role of governments and enlarging the involvement of private and nongovernmental participants. 'Local Dynamics in an Era of Globalization' is a collection of papers by leading authorities in their fields which discusses some of the major aspects of decentralization and urban change in the context of globalization. These scholars have drawn upon the experiences of developing and industrial countries from every continent. This volume, an outgrowth of the 'World Development Report 1999/2000', offers a wide ranging analysis of key trends over the coming decades with a focus on the Pacific Basin. The papers in this volume, identify and clarify some of the major forces transforming the world economy in the early 21st century. An essential reference for all those interested in of the most important issues of the new millennium. It will be of special interest to policymakers, nongovernmental organizations, economists, and all those working in the international development community. A copublication of the World Bank and Oxford University Press.
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