Transformation And Emerging Markets

Hardcover | November 1, 1996

byGeorge Macesich

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The economics and history of the closing years of the 20th century may turn out to mark the era of transformation when the nation-states lose most of their ability to maneuver in economics as finance and investment become transnationalized. In the European Community and similar associations, the nation-state loses some formal powers and has to modify its policies to fit those of its neighbors and the association. An economically sustainable social democracy may be beyond the reach of any one nation, and reforms based in a single middle-sized country may be impossible.

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The economics and history of the closing years of the 20th century may turn out to mark the era of transformation when the nation-states lose most of their ability to maneuver in economics as finance and investment become transnationalized. In the European Community and similar associations, the nation-state loses some formal powers an...

Format:HardcoverDimensions:144 pages, 9.57 × 6.36 × 0.67 inPublished:November 1, 1996Publisher:Praeger Publishers

The following ISBNs are associated with this title:

ISBN - 10:0275955184

ISBN - 13:9780275955182

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?In this concise and strightforward volume Macesich argues that just about everybody will be better off if all nations abandon all efforts to control their respective economies and trust their fate to the discipline of international markets.?-Choice