The New Systems Competition
Yrjo Jahnsson Lectures
1. Edition January 2003
244 Pages, Softcover
Wiley & Sons Ltd
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.
Preface.
1 Competition among States.
2 Taxes and Public Infrastructure Goods.
3 The Erosion of the Welfare State.
4 Social Dumping in the Transformation Process?
5 Ecological Competition.
6 The Competition of Product Standards.
7 Limited Liability, Risk Taking and the Competition of Bank
Regulators.
8 The Competition of Competition Rules.
Index.
economy, where states compete for capital in a race for growth. Old
policies, fiscal and structural, will be revised to attract
productive resources and to prevent their exit. Once more the
author joins lucid exposition and analytical rigor in a splendid
piece of contemporary economics."
--Richard Musgrave, Harvard University
"The authors of competitive interactions among and within
governments and nations requires a breadth of perspective and
learning not often found among today's hyperspecialists.
Hans-Werner Sinn has thought long and written extensively on these
matters. This book provides a concise introduction to these
important issues, a compelling demonstration that economics has a
lot to say about them, and a glimpse of the large analytical tasks
beyond the horizon."
--David E. Wildasin, University of Kentucky
