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Who Needs the Nation State?

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  • Rodrik, Dani
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    Abstract

    The design of institutions is shaped by a fundamental trade-off. On the one hand, relationships and heterogeneity push governance down. On the other, the scale and scope benefits of market integration push governance up. A corner solution is rarely optimal. An intermediate outcome, a world divided into diverse polities, is the best that we can do.

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    File URL: http://www.cepr.org/pubs/dps/DP9040.asp
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    Bibliographic Info

    Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 9040.

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    Date of creation: Jul 2012
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    Handle: RePEc:cpr:ceprdp:9040

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    Keywords: Globalization; Nation State;

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