How should countries cooperate in setting fiscal and trade policies when government expenditures must be financed with distorting taxes? We show that even if cannot make explicit transfers to each other, every point on the Pareto frontier is production efficient, so international capital flows effectively free. Trade agreements supplemented policy agreements. Residence-based income tax systems ...

Using a granular model of international trade, we study the rationale and implications various government interventions targeted at large individual firms. In antitrust regulation, governments face an incentive to be overly lenient towards domestic mergers in comparative advantage sectors. trade policy, targeting foreign exporters rather than entire sectors minimizes pass-through import tariffs...

Global Sydney is essentially a knowledge city. The global Sydney thesis has focused on Sydney’s performances in the knowledge-based economy, especially the advanced producer services, in an increasingly integrated world economy. Sydney’s emergence as a global city has been inseparable from its migrants from overseas and elsewhere in Australia. This study aims to bridge the theses of global Sydn...

In its foray into the global economy through policy led liberalization in the 1990s, the Indian economy has been able to capitalize on the opportunities for production in the Information Technology sector. Within this sector, much of the growth has been in the export oriented software and back office services production (Heeks, 1996, 1998). As estimated in 2001 -02 the share of software exports...

This article argues that starting with substantial divergence, China strategy research and global strategy research are now converging. This scholarly transformation is largely driven by the recent rise of the Chinese economy, which has emerged from being a peripheral member of the global economy to a core contributor. I trace some of the early roots of China research in our field, outline the ...

The goal of this article is to introduce a new category into international political economy-the global household-and to begin to widen the focus of international political economy to include nonmarket transactions and noncapitalist production. As an economic institution composed of transnational extended families and codwellers (including international migrants and family members left behind i...

Despite her small size and late industrialization, Singapore has managed to capture a significant share of the global information economy over the last three decades. This paper analyzed the structure and growth dynamics of Singapore’s information industries using an analytical framework that integrates the four key components of an information economy: IT goods industry, content industry, netw...

The paper examines from a recent historical perspective the changing roles of the state in governing and regulating South Korea's market economy. After surveying the scope and nature of statism in the earlier periods of industrialization, the analysis turns to the causes and consequences of the current economic crisis. The paper then explores the broad socioeconomic implications of economic gov...