Globalization and Institutional Adjustment

Federalism as an Obstacle?

Nonfiction, Reference & Language, Law, Social & Cultural Studies, Political Science
Cover of the book Globalization and Institutional Adjustment by Axel H�lsemeyer, Taylor and Francis
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Author: Axel H�lsemeyer ISBN: 9781351157261
Publisher: Taylor and Francis Publication: November 28, 2017
Imprint: Routledge Language: English
Author: Axel H�lsemeyer
ISBN: 9781351157261
Publisher: Taylor and Francis
Publication: November 28, 2017
Imprint: Routledge
Language: English

Combining the disciplines of international political economy, public sector economics and comparative politics, this stimulating book debates whether federalism obstructs institutional adjustment under conditions of a globalized economy, or whether this depends upon the extent to which a given political system is centralized. Axel Hülsemeyer analyzes the ratification of the Single European Act and the Maastricht Treaty, and contrasts these with the implementation of the bilateral free trade agreement between the United States and Canada as well as the NAFTA. Preferential trade agreements themselves are conceptualized as the state response to economic globalization.

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Combining the disciplines of international political economy, public sector economics and comparative politics, this stimulating book debates whether federalism obstructs institutional adjustment under conditions of a globalized economy, or whether this depends upon the extent to which a given political system is centralized. Axel Hülsemeyer analyzes the ratification of the Single European Act and the Maastricht Treaty, and contrasts these with the implementation of the bilateral free trade agreement between the United States and Canada as well as the NAFTA. Preferential trade agreements themselves are conceptualized as the state response to economic globalization.

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