search query: @author Prakash, A. / total: 3
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| Author: | Prakash, A. |
| Title: | Grappling with Globalisation: Challenges for Economic Governance |
| Journal: | World Economy
2001 : APR, VOL. 24:4, p. 543-566 |
| Index terms: | GLOBALIZATION ECONOMICS GOVERNMENT |
| Language: | eng |
| Abstract: | This paper contends that although factor, intermediate product, and final product markets have become more globally integrated, governments remain important in establishing, monitoring, and enforcing the rules of economic governance, sanctioning violators, and providing dispute resolution services. The paper examines the notion of economic globalisation and how it differs from other types of economic integration. Then the author probes how globalisation impacts some of the extant national institutions of economic governance. Finally the author surveys the literature on the key challenges confronting policymakers, institutional innovations required to cope with them, and the feasibility of institutional change to grapple with globalisation. |
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