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Scholars debate whether states or markets drive economic policy in the context of internationalization. Unpacking the market-state dichotomy, liberal pluralists and institutionalists alike conduct sectoral analysis to examine economic policies and outcomes. They debate the relative importance of sectors versus factors and the impact of sectoral coalitions, structural characteristics, and institutional trajectories. Building on previous scholarship, this article argues that state imperatives, such as national security and technological advancement, are an important guide to understanding dominant patterns of economic policy, defined as state goals, government-business relations, and state methods. Beyond that, the organization of institutions and structural sectoral attributes influence the ways in which actual policy outcomes vary across sectors and time. Case studies of the liberalization and subsequent reregulation of foreign direct investment across subsectors of telecommunications in China substantiate this argument. Evidence from other industries further validates this explanatory model. [ABSTRACT FROM AUTHOR]

The article discusses the intellectual and political challenges when dealing with the notion of continental drift as it relates to economic development and knowledge production in developing countries. The situation in Asia, Africa, and Latin America is examined in terms of global injustice, developing economies, and globalization. The article also discusses the crisis surrounding global food prices, including food riots and food security amongst the urban poor. New dietary patterns amongst the middle-class in the expanding economies of India and China and biofuel feedstock are viewed as primary causes of the crisis.