Page 141 - Global Political Economy_Understanding The International Economic Order
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CHA PTER F IVE
                                   lution ofthe world economy. Although market forces are central to
                                   these processes, such powerful actors as states and multinational
                                   firms constantly attempt to shape markets in ways that advance their
                                   own national or corporate interests. The new economic theories have
                                   led to recognition that interactions among economic/technological
                                   forces and powerful actors lead to shifts in the global distribution of
                                   economic activities, changes in comparative advantage and trading
                                   patterns among national economies, and ultimately, transformations
                                   in the international balance ofeconomic and military power.

















































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