The New Regional Economies
Author | : William R. Barnes |
Publisher | : SAGE |
Total Pages | : 209 |
Release | : 1998 |
ISBN-10 | : 9780761909392 |
ISBN-13 | : 0761909397 |
Rating | : 4/5 (92 Downloads) |
Book excerpt: The politics and economics of the United States are wedded in the political economy of the nation state and the nationalist economic policies. This `nationalist paradigm' is, however, showing the following signs of fatigue: the role of the nation state is diminishing as the economy globalizes; US national accounting systems are less effective, technology forces change; trading blocs are emerging; there is less control of exchange rates; regional economies are restructuring; and competitive environments are changing. This book proposes that political jurisdictions are not economies but polities, and explores the complex and important economic implications of this thesis.