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Globalization as a Challenge for Public Choice Theory

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  • Weck-Hannemann, Hannelore

Abstract

Public choice theory in many ways provides a fruitful economic instrumentarium to be applied to the phenomena of internalization and globalization. International political economics offers much potential for the analysis of real and relevant aspects in international relationships. This paper sketches out a few selected aspects of the globalization question for which public choice theory could offer a useful explanatory contribution. However, it is made clear as well, that the concept of globalization presents a substantial challenge for public choice in that only a limited part of the institutional change that has accompanied globalization has been explained endogenously. Copyright 2001 by Kluwer Academic Publishers

Suggested Citation

  • Weck-Hannemann, Hannelore, 2001. "Globalization as a Challenge for Public Choice Theory," Public Choice, Springer, vol. 106(1-2), pages 77-92, January.
  • Handle: RePEc:kap:pubcho:v:106:y:2001:i:1-2:p:77-92
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    Cited by:

    1. John V. Duca & Jason L. Saving, 2016. "Income Inequality and Political Polarization: Time Series Evidence Over Nine Decades," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(3), pages 445-466, September.
    2. Salmai Qari & Kai Konrad & Benny Geys, 2012. "Patriotism, taxation and international mobility," Public Choice, Springer, vol. 151(3), pages 695-717, June.

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