The Demise of the Nation State?
17 Pages Posted: 15 Feb 2006
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: Suggested Citation
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