State Subsidies in the Global Economy [Hardcover]

Using figures from European Union members, the volume highlights the conditional effects of globalization, asset specificity, and domestic institutions. Far from being impotent, democratic states face politically powerful pressures to continue to shield social actors from the vagaries of the global market.Protection for Rent * Perspectives on Subsidies and Trade Protection?* Globalization and State Aid?* Asset Specificity and the Demand for Subsidies?* Institutions and the Supply of Subsidies * Objectives and Regions?* Sectors and Instruments * National Subsidies in the Global Economy

State Subsidies in the Global Economy provides a comprehensive account of the domestic political and global economic conditions accounting for different levels and types of subsidies. This is an important and certainly timely issue, illustrated in a penetrating and rewarding text. - Mitchell P. SmithAssociate Professor and Director of Graduate Studies, Department of Political Science and School of International and Area Studies The University of Oklahoma

Nikolaos Zahariadis, Associate Professor of Political Science, University of Alabama at Birmingham, USA.