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The New Systems Competition
"Professor Sinn offers a sweeping view of the future global economy, where states compete for capital in a race for growth. Old policies, fiscal and structural, will be revised to attract productive resources and to prevent their exit. Once more the author joins lucid exposition and analytical rigor in a splendid piece of contemporary economics." "The authors of competitive interactions among and within governments and nations requires a breadth of perspective and learning not often found among today's hyperspecialists. Hans-Werner Sinn has thought long and written extensively on these matters. This book provides a concise introduction to these important issues, a compelling demonstration that economics has a lot to say about them, and a glimpse of the large analytical tasks beyond the horizon."
—Richard Musgrave, Harvard University
—David E. Wildasin, University of Kentucky
Hans-Werner Sinn (Author)
9780631219514, Wiley
Hardback, published 17 January 2003
244 pages
25 x 20 x 1.5 cm, 0.454 kg
Competition between companies tends to be beneficial for the general public, but is this also true for competition between States in a world with global financial markets, low transport costs, and increasing migration? In this book, Sinn provides a solid economic analysis of the competitive forces at work and addresses how we should organize competition between systems so they will enhance the efficiency of these systems, as opposed to acting destructively on them.
List of Tables and Figures. Preface. 1 Competition among States. 2 Taxes and Public Infrastructure Goods. 3 The Erosion of the Welfare State. 4 Social Dumping in the Transformation Process? 5 Ecological Competition. 6 The Competition of Product Standards. 7 Limited Liability, Risk Taking and the Competition of Bank Regulators. 8 The Competition of Competition Rules. Index.
Subject Areas: Economics [KC]
