The Demise of the Nation State?

17 Pages Posted: 15 Feb 2006

See all articles by Vito Tanzi

Vito Tanzi

International Monetary Fund (IMF); National Bureau of Economic Research (NBER)

Date Written: August 1998

Abstract

The globalization of economic activities that is characterizing many economies raises questions about the future of the nation state. This paper discusses this trend and shows that cross-frontiers spillovers have become more frequent and have increased the need for international agreements and international organizations to deal with them. It concludes that a continuation of current trends would increase the importance of subnational government while reducing (in the economic sphere) the importance of national governments.

Keywords: globalization, spillovers, government role, fiscal federalism

JEL Classification: E61, F33, F42, H11, H23, H70

Suggested Citation

Tanzi, Vito, The Demise of the Nation State? (August 1998). IMF Working Paper No. 98/120, Available at SSRN: https://ssrn.com/abstract=882660

Vito Tanzi (Contact Author)

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