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
Language
Englisch

Bibliographic citation
Series: BOFIT Discussion Papers ; No. 19/2020

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

Event
Geistige Schöpfung
(who)
Funke, Michael
Zhong, Doudou
Event
Veröffentlichung
(who)
Bank of Finland, Institute for Economies in Transition (BOFIT)
(where)
Helsinki
(when)
2020

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2020

Other Objects (12)