You are looking at 1 - 1 of 1 items for :

  • Type: Journal Issue x
  • Public Economics x
  • Globalization x
  • Public Finance x
  • Western Hemisphere x
  • Macroeconomics x
  • National Government Expenditures and Related Policies: General x
  • Industries; Land Use; Labor x
  • International finance x
  • IMF Working Papers x
  • Policy Objectives; Policy Designs and Consistency; Policy Coordination x
  • Society and Social Sciences x
  • Refine By Language: English x
Clear All Modify Search
Mr. Vito Tanzi
The globalization of economic activities that is characterizing many economies raises questions about the future of the nation state. This paper discusses this trend and shows that cross-frontiers spillovers have become more frequent and have increased the need for international agreements and international organizations to deal with them. It concludes that a continuation of current trends would increase the importance of subnational government while reducing (in the economic sphere) the importance of national governments.