Competition Regulation in Africa: Between Global and Local: A Banyan Tree Story

The literature on globalization takes the nation-state seriously, but the issue is generally polarizing. On the one hand, globalization is understood to imply a decline of national polities and their order-creating capacities with a parallel increasing role for markets and market logics (Held and McGrew 1998; Ohmae 1995; Strange 1996). On the other hand, the demise of the nation-state is contested and its role re-affirmed as central in the context of multi-level governance (Boyer and Drache 1996; Hirst and Thompson 1996). [First paragraph