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The book explores the transformative economic and historical shifts of the late 20th century, highlighting the diminishing power of nation-states as finance and investment become increasingly transnational. It examines how associations like the European Community compel nations to adapt their policies to align with regional standards. The author argues that achieving a sustainable social democracy may be unattainable for individual nations, suggesting that reforms originating from a single middle-sized country could be impractical.
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Transformation and Emerging Markets, George Macesich
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- 1996
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