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Journal of Economic Perspectives: Vol. 14 No. 1 (Winter 2000)

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How Far Will International Economic Integration Go?

Article Citation

Rodrik, Dani. 2000. "How Far Will International Economic Integration Go?" Journal of Economic Perspectives, 14(1): 177-186.

DOI: 10.1257/jep.14.1.177

Abstract

This article speculates about the future of the world economy 100 years from now. It argues that the spread of markets is restricted by the reach of jurisdictional boundaries, and that national sovereignty imposes serious constraints on international economic integration. The political trilemma of the world economy is that international economic integration, the nation-state, and mass politics cannot co-exist. We have to pick two out of three. The article predicts that it will be the nation-state system that disappears, with global federalism taking its place.

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Authors

Rodrik, Dani (Harvard U and NBER)

JEL Classifications

F02: International Economic Order

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