The New Regional Economies
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The New Regional Economies
Author | : William R. Barnes |
Publisher | : SAGE |
Total Pages | : 209 |
Release | : 1998 |
Genre | : Science |
ISBN | : 0761909397 |
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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.
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