Nation-state coming back on the scene of international relations

Cristian Moisoiu

Revista de Economie Mondiala / The Journal of Global Economics, 2016, vol. 8, issue 3

Abstract: This paper is trying to present the hypothesis of nation-state’s return as a relevant actor in foreign relations. Globalization, together with pax Americana, as a main nuclei of globalization, have extrapolated the idea of natural order and market economy, as it seemed that any discussion related to the role of state becomes obsolete. The recent events, with political and economic resonance, the market failures and instability, which required interventionist measures of the state for recovery and stability, major changes and trends of political spectrum, especially in the Western world have contradicted the prospect of natural order. Nevertheless, the discussion surrounding the role of state in economy, the invigoration of nation-state in international relations with possible future implications is regaining momentum.

Keywords: Nation state; geopolitics; world economy; globalization; national economy (search for similar items in EconPapers)
JEL-codes: F02 F5 F62 F68 N40 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:8:y:2016:i:3:id:2822000009633019

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