Chapter 2: Building Trust between Suspicious Minds

Torben M. Andersen, Giuseppe Bertola, John Driffill, Clemens Fuest, Harold James, Jan-Egbert Sturm and Branko Uroševic

EEAG Report on the European Economy, 2018, 35-46

Abstract: The modern international system is constructed on the principle of the sovereign nation-state whose citizens have taken their destiny into their own hands. But the actions of nation-states clearly have consequences that go beyond national boundaries. Their economic success or failure impacts conditions elsewhere; they may set positive or negative policy examples; and they may deliberately seek to impose costs on other countries. Coordination between nation-states can clearly create a public good. But to what extent is that element of coordination compatible with the philosophy of the nation-state, and the choices made by citizens in the national context?

Date: 2018
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