The Global Economy, National Governments and Supranational Economic Regimes

John H. Dunning

Chapter 6 in International Trade, Foreign Direct Investment and the Economic Environment, 1998, pp 77-99 from Palgrave Macmillan

Abstract: Abstract The theme of this chapter is based on two simple, but important, propositions. The first is that the advent of the global economy1 is requiring national governments to reappraise their domestic macro-organizational policies2; and, in doing so, to take a more systemic approach to the implementation of these policies. It is also demanding reconsideration of the role of supra-national regimes, e.g. GATT, the World Bank, IMF and the UN, particularly as fashioners and sustainers of a level playing field for international competition. The second is that, if individual countries are to fully embrace the challenges of the global marketplace, their governments need both to appreciate the nature of the new international division of labour and to take more constructive and coordinated action to help cross-border markets to work efficiently.

Keywords: Foreign Direct Investment; National Government; Global Economy; Transnational Corporation; Level Playing Field (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14030-5_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349140305

DOI: 10.1007/978-1-349-14030-5_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().