Private Interests and Government Policy in a Global World

Ronald Jones

No 00-051/2, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: Today’s global world is characterized not only by a high volume ofinternational trade and foreign investment relativeto national income, but also by a changed composition of that tradetowards a greater fraction of trade in inputs andcapital goods and outsourcing of production.. Emphasized is thepossibility of a “civil war” scenario wherebygovernment attempts to control and regulate the private sectors ofthe economy result in attempts to “flee thejurisdiction” by private interests, leading to a greater impetus forgovernments to form regional agreements in order tomaintain control over the private sector.

JEL-codes: F1 F2 H1 (search for similar items in EconPapers)
Date: 2000-06-15
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Journal Article: Private interests and government policy in a global world (2000)
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