In the age of globalization, both domestic and foreign economic policies play an important role in determining firms' strategies. At the same time, firms' choices have a greater impact on economic policymaking in a global economy, as the range of alternatives open to them expands. Nicola Acocella analyzes both sides of this relationship and places special emphasis on current issues. Broad in sc…
The role of the state in the economy has always been a controversial issue in public debate, but it has become more so in the last quarter of a century with the rise of neoliberal thinking that preaches the virtues of unregulated markets and recommends de-regulation, opening-up, and privatisation. This push for a minimal, pro-business state, especially in developing countries, has been furth…