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The failure to converge

Why globalization doesn't cause deregulation

Bibliographic Data

ID6252156
AuthorsJason Sorens (0000-0002-2031-8150, Yale University, corresponding author)
Year2000
Volume14
Issue1
Pages19-33
Publication date2000-01-01
Open AccessNo
TypeARTICLE
VenueCritical Review (JOURNAL)
Journal identifiersISSN: 0891-3811 • E-ISSN: 1933-8007
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/08913810008443544
OpenAlexW2045483327
LanguageEN
Citations received1
References cited15

Conventional wisdom holds that the rigors of fiscal competition unleashed by globalization are forcing governments to roll back welfare programs, reduce or eliminate taxes on capital, and reduce regulation on mobile assets. In Freer Markets, More Rules, Steven Vogel attacks the latter contention, arguing that regulatory reform has been more often reregulatory than deregulatory, though it is generally undertaken with an eye to increasing market competition. He also maintains that governments have acted autonomously of social interests and market pressures in formulating regulatory reform. While Vogel is mistaken to contend that there has been no net reduction of government control worldwide, his revision of the conventional wisdom requires a fresh look at how susceptible states really are to the global competition for revenue

Capital (architecture · Capital market · Competition (biology · Deregulation · Economic policy · Economic system · Economics · Forcing (mathematics · Globalization · Government (linguistics · Liberalization · Market economy · Political economy · Regulatory reform · Revenue · Fiscal Policies and Political Economy · Local Government Finance and Decentralization · Social Policy and Reform Studies · Finance

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Citations per year0.04
Citation span2000 - 2000 (1)
Highly citedNo

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