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eBook details

Title: Does Globalization Require Global Government?
Author : Indian Journal of Economics and Business
Release Date : January 01, 2007
Genre: Business & Personal Finance,Books,
Pages : * pages
Size : 262 KB

Description

The need for world government has been defended on several grounds. This paper considers the economic desirability of such an arrangement from a cost-benefit perspective. My analysis suggests that the expected costs of a world-encompassing state are high relative to the expected benefits of this arrangement. In particular, recent evidence from international trade under the modern lex mercatoria supports this claim. INTRODUCTION