C/B/355. The Role of the State in Protecting Home Markets

This analysis deals with the effects of globalisation on local and national markets to highlight the positive and negative consequences of globalisation, both perceived and real. Globalisation has social, economic, political and cultural consequences and has a strong impact on policies shaping government agenda. Considering the influences of globalisation and the power of multinational companies, this study shows the role of the state in protecting the interests of the local markets within the context of a welfare state. The relations between globalisation, state interests, commercial gain, welfare state, social and political economy and multinational corporations are considered.