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
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978-952-323-343-0
- Sprache
-
Englisch
- Erschienen in
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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
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political trilemma
globalisation
democratic politics
national sovereignty
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Funke, Michael
Zhong, Doudou
- Ereignis
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Veröffentlichung
- (wer)
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Bank of Finland, Institute for Economies in Transition (BOFIT)
- (wo)
-
Helsinki
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Funke, Michael
- Zhong, Doudou
- Bank of Finland, Institute for Economies in Transition (BOFIT)
Entstanden
- 2020