Page "Anthony Giddens, Baron Giddens" Paragraph 29

On a macro scale, one of the state and social organizations like multinational capitalist corporations, consider the example of globalization, which offers vast new opportunities for investment and development, but crises-like the Asian financial crisis-can affect the entire world, spreading far outside the local setting in which they first developed, and last but not least directly influences individuals.

A serious explanation of such issues must lie somewhere within the network of macro and micro forces.

These levels should not be treated as unconnected ; in fact they have significant relation to one another.