The Nation State in the Global Economy
The paper revisits the use of Fiscal Policy as a viable instrument of public policy. Once dominated the landscape as a policy instrument in the nation state economy, it has all but abounded in the 21st century. The paper shows a revival of fiscal policy to address issues in the global economy, in pa...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Athens Institute for Education and Research
2020-01-01
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Series: | Athens Journal of Business & Economics |
Subjects: | |
Online Access: | https://www.athensjournals.gr/business/2020-6-1-1-Ott.pdf |
Summary: | The paper revisits the use of Fiscal Policy as a viable instrument of public policy. Once dominated the landscape as a policy instrument in the nation state economy, it has all but abounded in the 21st century. The paper shows a revival of fiscal policy to address issues in the global economy, in particular global spillover. Using data for two samples; developed and developing economies it highlights the spatial dimension of public functions in the global economy. (JEL H3, H7) |
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ISSN: | 2241-794X |