Arbeitspapier

The political globalisation trilemma revisited: An empirical assessment across countries and over time

The political hyperglobalisation trilemma asserts that a government cannot simultaneously opt for deep international integration, national sovereignty and democratic politics, but rather is constrained to choosing two of the three at most. This paper presents a new and comprehensive cross-country panel dataset operationalising the multifaceted three vertices of the trilemma. After an explorative data analysis, we employ panel error-correction techniques to uncover the mutual interdependencies among the variables in the system. The econometric evidence supports the existence of a long-run relationship between economic integration, national sovereignty and democratic politics as postulated in the political globalisation trilemma.

ISBN
978-952-323-343-0
Sprache
Englisch

Erschienen in
Series: BOFIT Discussion Papers ; No. 19/2020

Klassifikation
Wirtschaft
Economic Impacts of Globalization: General
Economic Impacts of Globalization: Macroeconomic Impacts
Economic Integration
Economic Impacts of Globalization: Policy
Thema
political trilemma
globalisation
democratic politics
national sovereignty

Ereignis
Geistige Schöpfung
(wer)
Funke, Michael
Zhong, Doudou
Ereignis
Veröffentlichung
(wer)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(wo)
Helsinki
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Funke, Michael
  • Zhong, Doudou
  • Bank of Finland, Institute for Economies in Transition (BOFIT)

Entstanden

  • 2020

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