2004 Fiscal Year Final Research Report Summary
An International Comparative Study for Market Oriented Institutional Reforms in East Asian Countries
| Project/Area Number |
14530070
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
経済政策(含経済事情)
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| Research Institution | Tokai University |
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Principal Investigator |
KAWANOBE Hiroyuki Tokai University, School of Political Seienoe and Economics, Professor, 政治経済学部, 教授 (60119667)
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| Project Period (FY) |
2002 – 2004
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| Keywords | deregulation / Institutional Coordination / Globalization / Institutional Competition / Administrative Reform / Regional Redistribution Effect of Public Finance |
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| Research Abstract |
The connection of trans-national economic activities by globalization has an unprecedented impact on states as well as individuals. The difference in adaptability to the ICT revolution widens the gap between nations as well as individuals. The adaptability mainly means a computer literacy for an individual level, an adjustment speed for markets, and a capability and speed of institutional adjustments for states. Several controlling measures for the competitive adaptations to globalization are found out. The trans-national cooperation of institutions can be understood in this context.
The accomplishment of the EU market integration indicates the gradual convergence of institution such as the weight of the public expenditures and revenues to the national economies. Although the difference the social security expenditures between OECD countries widened the gap, the speed is comparatively low for EU member countries compared with non-EU countries.
The progress of the globalization accelerates the worldwide interdependence between countries intensifies the conflict of interest. The international enclosure movements by FTAs take a lead over the institutional reforms of WTO. But the worldwide promotion strategy of free trade is still necessary, and the development of an international scheme to escape from international economic crises.
The realization of the global market doesn't necessarily ensure the world scale economic growth. The global governance to cope with the uncertainties for developing countries whose infrastructure to cope with the instabilities of market and social change is still lacking. The important task in this study field for public choice is to design the international system for agreements by legitimate delegates who affected by the globalization.
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Research Products
(16 results)
