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Private interests and government policy in a global world

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  • Jones, Ronald W.

Abstract

Today’s global world is characterized not only by a high volume ofinternational trade and foreign investment relativeto national income, but also by a changed composition of that tradetowards a greater fraction of trade in inputs andcapital goods and outsourcing of production.. Emphasized is thepossibility of a “civil war” scenario wherebygovernment attempts to control and regulate the private sectors ofthe economy result in attempts to “flee thejurisdiction” by private interests, leading to a greater impetus forgovernments to form regional agreements in order tomaintain control over the private sector.
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  • Jones, Ronald W., 2000. "Private interests and government policy in a global world," European Journal of Political Economy, Elsevier, vol. 16(2), pages 243-256, June.
    • Handle: RePEc:eee:poleco:v:16:y:2000:i:2:p:243-256
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    More about this item

    JEL classification:

    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business
    • H1 - Public Economics - - Structure and Scope of Government

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