SYSTEM COMPETITION: CONCEPT, PROBLEMS AND LIMITS
Journal: Scientia fructuosa (Vol.137, No. 3)Publication Date: 2021-06-15
Authors : LANG Franz Peter;
Page : 18-32
Keywords : institutional economics; the four freedoms; international migration; international competition; theory of political economy; public choice; exchange and parallel processes;
Abstract
Features of competition between jurisdictions (states, municipalities, regions) for mobile factors (labor, investment, human capital) in the integrated world economy are considered, in which there are four freedoms (freedom of trade (mobility of goods), freedom (mobility) of services, free movement of capital) and free movement of people) are guaranteed. The main features of international rivalry in a globalized world are analyzed. Prospects for the development of states in the conditions of constitutional competition in the existing integration structures are established.
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