IDEAS home Printed from https://ideas.repec.org/a/ate/journl/ajbev6i1-1.html
   My bibliography  Save this article

The Nation State in the Global Economy

Author

Listed:
  • Attiat F. Ott
  • Nicole Bissessar

Abstract

The paper revisits the use of Fiscal Policy as a viable instrument of public policy. Once dominated the landscape as a policy instrument in the nation state economy, it has all but abounded in the 21st century. The paper shows a revival of fiscal policy to address issues in the global economy, in particular global spillover. Using data for two samples; developed and developing economies it highlights the spatial dimension of public functions in the global economy. (JEL H3, H7)

Suggested Citation

  • Attiat F. Ott & Nicole Bissessar, 2020. "The Nation State in the Global Economy," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 6(1), pages 9-20, January.
    • Handle: RePEc:ate:journl:ajbev6i1-1
    DOI: 10.30958/ajbe.6-1-1
    as

    Download full text from publisher

    File URL: https://www.athensjournals.gr/business/2020-6-1-1-Ott.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.30958/ajbe.6-1-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Attiat F. Ott, 2002. "The Public Sector in the Global Economy," Books, Edward Elgar Publishing, number 1987.
    2. Quinn, Dennis, 1997. "The Correlates of Change in International Financial Regulation," American Political Science Review, Cambridge University Press, vol. 91(3), pages 531-551, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    2. Jurgen Von Hagen & Jizhong Zhou, 2008. "The interaction between capital controls and exchange rate regimes: evidence from developing countries," International Economic Journal, Taylor & Francis Journals, vol. 22(2), pages 163-185.
    3. Michele Peruzzi & Alessio Terzi, 2018. "Growth Accelerations Strategies," CID Working Papers 91a, Center for International Development at Harvard University.
    4. El-Shagi Makram, 2012. "The Distorting Impact of Capital Controls," German Economic Review, De Gruyter, vol. 13(1), pages 41-55, February.
    5. Nir Klein, 2004. "Collective Bargaining and Its Effect on the Central Bank Conservatism: Theory and Some Evidence," Bank of Israel Working Papers 2004.07, Bank of Israel.
    6. Asiedu, Elizabeth & Lien, Donald, 2004. "Capital Controls and Foreign Direct Investment," World Development, Elsevier, vol. 32(3), pages 479-490, March.
    7. Yang Liu & Mariano Croce & Ivan Shaliastovich & Ric Colacito, 2016. "Volatility Risk Pass-Through," 2016 Meeting Papers 135, Society for Economic Dynamics.
    8. Park, Sangjin & Yang, Jae-Suk, 2021. "Relationships between capital flow and economic growth: A network analysis," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 72(C).
    9. Bekaert, Geert & Harvey, Campbell R., 2003. "Emerging markets finance," Journal of Empirical Finance, Elsevier, vol. 10(1-2), pages 3-56, February.
    10. Heng, Dyna, 2011. "Capital flows and real exchange rate: does financial development matter?," MPRA Paper 48553, University Library of Munich, Germany, revised May 2012.
    11. Forbes, Kristin J., 2004. "Capital Controls: Mud in the Wheels of Market Discipline," Working papers 4454-03, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    12. Ghosh, Atish R. & Ostry, Jonathan D. & Qureshi, Mahvash S., 2018. "Taming the Tide of Capital Flows: A Policy Guide," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262037165, December.
    13. Konstantinos Angelopoulos & George Economides & Pantelis Kammas, 2009. "Do political incentives matter for tax policies? Ideology, opportunism and the tax structure," Working Papers 2009_12, Business School - Economics, University of Glasgow.
    14. Gu, Xinhua & Huang, Bihong, 2011. "A new approach to capital flows: Theory and evidence," Economic Modelling, Elsevier, vol. 28(3), pages 1050-1057, May.
    15. Larrain, Borja, 2011. "World betas, consumption growth, and financial integration," Journal of International Money and Finance, Elsevier, vol. 30(6), pages 999-1018, October.
    16. Maurice Obstfeld & Jay C. Shambaugh & Alan M. Taylor, 2005. "The Trilemma in History: Tradeoffs Among Exchange Rates, Monetary Policies, and Capital Mobility," The Review of Economics and Statistics, MIT Press, vol. 87(3), pages 423-438, August.
    17. Groll, Thomas & O’Halloran, Sharyn & McAllister, Geraldine, 2021. "Delegation and the regulation of U.S. financial markets," European Journal of Political Economy, Elsevier, vol. 70(C).
    18. Norring, Anni, 2022. "Taming the tides of capital: Review of capital controls and macroprudential policy in emerging economies," BoF Economics Review 1/2022, Bank of Finland.
    19. Steinherr, Alfred & Cisotta, Alessandro & Klar, Erik & Sehovic, Kenan, 2006. "Liberalizing Cross-Border Capital Flows: How Effective Are Institutional Arrangements against Crisis in Southeast Asia," Working Papers on Regional Economic Integration 6, Asian Development Bank.
    20. Bekaert, Geert & Harvey, Campbell R. & Lundblad, Christian, 2005. "Does financial liberalization spur growth?," Journal of Financial Economics, Elsevier, vol. 77(1), pages 3-55, July.

    More about this item

    Keywords

    State and Local Government; Fiscal Policies; Spillovers;
    All these keywords.

    JEL classification:

    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ate:journl:ajbev6i1-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Afrodete Papanikou (email available below). General contact details of provider: https://www.athensjournals.gr .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.