Description
The vision of a ‘new’ international division of labour, involving relocation of ‘traditional’ industrial activities to the Third World and specialisation in ‘high-technology’ industries by developed countries is an attractive one. But critics respond that this vision conceals the reality of heightened exploitation in the former and industrial and geographic decline in the latter. However, critical approaches are sometimes vitiated by economistic, functionalist and determinist arguments.” “Because of the potential they offer to overcome these conceptual dilemmas, French regulation theories have attracted attention among scholars from diverse disciplines. This book assesses the implications of French regulation theories for our understanding of the concept of the international division of labour. It distinguishes the Parisian approach, represented by Michel Aglietta and Alain Lipietz, from the Grenoble school. It is based on a thorough study of the French literature and on interviews with the major theorists. For English-language readers, the book offers an excellent introduction to Francophone debates in international political economy.
