What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?

What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?

Greater trade integration has often been viewed as requiring greater standardization in institutions, without which the benefits of trade do not materialize. There are many current debates concerning the degree and area of standardization needed an...

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Bibliographic Details
Main Author: Islam, Roumeen
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
TRADE INTEGRATION
TRADE
ECONOMIC GAINS
Online Access:http://documents.worldbank.org/curated/en/2004/11/5442336/right-institutions-globalizing-world-can-keep-found
http://hdl.handle.net/10986/14218
id okr-10986-14218
recordtype oai_dc
spelling okr-10986-142182021-04-23T14:03:21Z What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them? Islam, Roumeen TRADE INTEGRATION TRADE ECONOMIC GAINS Greater trade integration has often been viewed as requiring greater standardization in institutions, without which the benefits of trade do not materialize. There are many current debates concerning the degree and area of standardization needed and these debates are likely to continue for the foreseeable future. This paper, drawing on both the fiscal federalism and the trade literature, argues that increasing trade integration is consistent with a wide array of institutional choices. The final outcome, in terms of which institutions have prevailed, has depended substantially on political pressures for standardization and not necessarily on a clear assessment of economic gains. 2013-06-26T18:49:52Z 2013-06-26T18:49:52Z 2004-11-01 http://documents.worldbank.org/curated/en/2004/11/5442336/right-institutions-globalizing-world-can-keep-found http://hdl.handle.net/10986/14218 English en_US Policy Research Working Paper; No.3448 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research The World Region The World Region World
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TRADE INTEGRATION
TRADE
ECONOMIC GAINS
spellingShingle TRADE INTEGRATION
TRADE
ECONOMIC GAINS
Islam, Roumeen
What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?
geographic_facet The World Region
The World Region
World
relation Policy Research Working Paper; No.3448
description Greater trade integration has often been viewed as requiring greater standardization in institutions, without which the benefits of trade do not materialize. There are many current debates concerning the degree and area of standardization needed and these debates are likely to continue for the foreseeable future. This paper, drawing on both the fiscal federalism and the trade literature, argues that increasing trade integration is consistent with a wide array of institutional choices. The final outcome, in terms of which institutions have prevailed, has depended substantially on political pressures for standardization and not necessarily on a clear assessment of economic gains.
format Publications & Research :: Policy Research Working Paper
author Islam, Roumeen
author_facet Islam, Roumeen
author_sort Islam, Roumeen
title What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?
title_short What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?
title_full What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?
title_fullStr What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?
title_full_unstemmed What Are the Right Institutions in a Globalizing World? And... Can We Keep Them If We Have Found Them?
title_sort what are the right institutions in a globalizing world? and... can we keep them if we have found them?
publisher World Bank, Washington, D.C.
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/11/5442336/right-institutions-globalizing-world-can-keep-found
http://hdl.handle.net/10986/14218
_version_ 1764430757896388608

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