The Retreat of the State: The Diffusion of Power in the World Economy (Cambridge Studies in International Relations, Series Number 49)

Who is really in charge of the world economy? Not only governments, argues Susan Strange in The Retreat of the State. Big businesses, drug barons, insurers, accountants and international bureaucrats all encroach on the so-called sovereignty of the state. Professor Strange examines the implications of this rivalry and points to some new directions for research in international relations, international business and economics.

Who is really in charge of the world economy? This study argues that big businesses, drug barons, insurers, accountants and international bureaucrats all encroach on the so-called sovereignty of the state. It examines the implications of this rivalry, pointing to new directions for research.