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New geopolitical-economic order framework shows firm strategies vary under two types of state-market order

New geopolitical-economic order framework shows firm strategies vary under two types of state-market order
Key Points

A new paper published in Global Strategy Journal develops a geopolitical-economic order framework suggesting that the extent of geopolitical competition incentivizes states to create one of two types of economic order: a market-based order built on laissez-faire and mutually beneficial voluntary exchanges, and a state-based order focused on state power and government intervention in the economy.

A new paper published in Global Strategy Journal develops a geopolitical-economic order framework suggesting that the extent of geopolitical competition incentivizes states to create one of two types of economic order: a market-based order built on laissez-faire and mutually beneficial voluntary exchanges, and a state-based order focused on state power and government intervention in the economy.
Global Strategy Journal (ORG)
Originally published by Phys.org Read original →