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Private Interests and Government Policy in a Global World

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Author Info
Ronald W. Jones () (University of Rochester)
Abstract

Today’s global world is characterized not only by a high volume of international trade and foreign investment relative to national income, but also by a changed composition of that trade towards a greater fraction of trade in inputs and capital goods and outsourcing of production.. Emphasized is the possibility of a “civil war” scenario whereby government attempts to control and regulate the private sectors of the economy result in attempts to “flee the jurisdiction” by private interests, leading to a greater impetus for governments to form regional agreements in order to maintain control over the private sector.

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Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 00-051/2.

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Date of creation: 15 Jun 2000
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Handle: RePEc:dgr:uvatin:20000051

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Find related papers by 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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References listed on IDEAS
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  1. Avinash K. Dixit & Gene M. Grossman, 1987. "Targeted Export Promotion with Several Oligopolistic Industries," NBER Working Papers 1344, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Feeney, JoAnne & Hillman, Arye L, 2001. "Privatization and the Political Economy of Strategic Trade Policy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(2), pages 535-56, May.
  3. Ronald W. Jones, 1980. "Comparative and Absolute Advantage," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 116(III), pages 235-260, September. [Downloadable!]
  4. Jones, R.W. & Spencer, B.J., 1989. "Vertical Foreclosure And International Trade Policy," RCER Working Papers 194, University of Rochester - Center for Economic Research (RCER).
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  5. Eaton, Jonathan & Grossman, Gene M, 1986. "Optimal Trade and Industrial Policy under Oligopoly," The Quarterly Journal of Economics, MIT Press, vol. 101(2), pages 383-406, May. [Downloadable!] (restricted)
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  6. Kevin H. O'Rourke & Jeffrey G. Williamson, 2001. "Globalization and History: The Evolution of a Nineteenth-Century Atlantic Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650592, December.
  7. Neary, Peter & Ruane, Frances P, 1988. "International Capital Mobility, Shadow Prices, and the Cost of Protection," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 29(4), pages 571-85, November. [Downloadable!] (restricted)
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  8. Jones, Ronald W. & Takemori, Shumpei, 1989. "Foreign monopoly and optimal tariffs for the small open economy," European Economic Review, Elsevier, vol. 33(9), pages 1691-1707, December. [Downloadable!] (restricted)
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