Nation states and enterprises in the era of globalization: the creation of international economic orders and global value chains

2016 Fiscal Year Final Research Report

• Project/Area Number: 26590056
• Research Category: Grant-in-Aid for Challenging Exploratory Research
• Allocation Type: Multi-year Fund
• Research Field: Economic history
• Research Institution: Kansai University
• Principal Investigator: GOTO Kenta 関西大学, 経済学部, 教授 (70454981)
• Project Period (FY): 2014-04-01 – 2017-03-31
• Keywords: グローバル・バリューチェーン / 国家 / 多国籍企業 / ヘゲモニー / 経済秩序

Outline of Final Research Achievements

While the international economic order in the past mostly evolved out of formal institutions created by nation states, or "public actors", those in the twenty-first century are primarily results of global value chains generated by "private actors" including multinational enterprises. These value chains now span at a magnitude that can not be captured and controlled by single nation states. These suggest that the relative power balance between private actors and public actors have changed in the recent years, favouring the former over the latter. This will induce nation states to review and revise their policy options as they have become increasingly irrelevant.

Free Research Field

経済発展論