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Private Interests and Government Policy in a Global World

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  • Ronald W. Jones

    (University of Rochester)

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.

Suggested Citation

  • Ronald W. Jones, 2000. "Private Interests and Government Policy in a Global World," Tinbergen Institute Discussion Papers 00-051/2, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20000051
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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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