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...

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Main Authors: Attiat F. Ott, Nicole Bissessar
Format: Article
Language:English
Published: Athens Institute for Education and Research 2020-01-01
Series:Athens Journal of Business & Economics
Subjects:
Online Access:https://www.athensjournals.gr/business/2020-6-1-1-Ott.pdf
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spelling doaj-38bf55a1f6b849c3bc10825dcf8bdffd2021-02-02T12:13:59ZengAthens Institute for Education and ResearchAthens Journal of Business & Economics2241-794X2020-01-016192010.30958/ajbe.6-1-1The Nation State in the Global EconomyAttiat F. Ott 0Nicole Bissessar1Emeritus Professor of Economics, Clark University, Worcester, MA, USA & President of the Institute for Economic Policy Studies, Worcester, MA, USAFaculty of Economics, College of Online and Continuing Education, Southern New Hampshire University, USA & Research Associate, The Institute for Economic Policy Studies, USAThe 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)https://www.athensjournals.gr/business/2020-6-1-1-Ott.pdfstate and local government; fiscal policiesspillovers
collection DOAJ
language English
format Article
sources DOAJ
author Attiat F. Ott
Nicole Bissessar
spellingShingle Attiat F. Ott
Nicole Bissessar
The Nation State in the Global Economy
Athens Journal of Business & Economics
state and local government; fiscal policies
spillovers
author_facet Attiat F. Ott
Nicole Bissessar
author_sort Attiat F. Ott
title The Nation State in the Global Economy
title_short The Nation State in the Global Economy
title_full The Nation State in the Global Economy
title_fullStr The Nation State in the Global Economy
title_full_unstemmed The Nation State in the Global Economy
title_sort nation state in the global economy
publisher Athens Institute for Education and Research
series Athens Journal of Business & Economics
issn 2241-794X
publishDate 2020-01-01
description 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)
topic state and local government; fiscal policies
spillovers
url https://www.athensjournals.gr/business/2020-6-1-1-Ott.pdf
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