Competition between companies tends to be beneficial for the general public, but is this also true for competition between States in a world with global financial markets, low transport costs, and increasing migration? In this book, Sinn provides a solid economic analysis of the competitive forces at work and addresses how we should organize competition between systems so they will enhance the efficiency of these systems, as opposed to acting destructively on them. * Provides a thorough economic analysis of the competitive forces at work between nations and governments. * Analyzes a wide range of state activities, including taxation, public goods provision, income redistribution, environmental policy, safety standards, and competition policy. * Addresses ways to organize competition so it will enhance the efficiency of these systems.
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"Professor Sinn offers a sweeping view of the future globaleconomy, where states compete for capital in a race for growth. Oldpolicies, fiscal and structural, will be revised to attractproductive resources and to prevent their exit. Once more theauthor joins lucid exposition and analytical rigor in a splendidpiece of contemporary economics."
--Richard Musgrave, Harvard University
"The authors of competitive interactions among and withingovernments and nations requires a breadth of perspective andlearning not often found among today's hyperspecialists.Hans-Werner Sinn has thought long and written extensively on thesematters. This book provides a concise introduction to theseimportant issues, a compelling demonstration that economics has alot to say about them, and a glimpse of the large analytical tasksbeyond the horizon."
--David E. Wildasin, University of Kentucky
--Richard Musgrave, Harvard University
"The authors of competitive interactions among and withingovernments and nations requires a breadth of perspective andlearning not often found among today's hyperspecialists.Hans-Werner Sinn has thought long and written extensively on thesematters. This book provides a concise introduction to theseimportant issues, a compelling demonstration that economics has alot to say about them, and a glimpse of the large analytical tasksbeyond the horizon."
--David E. Wildasin, University of Kentucky