Room for Differences? Social Policy in a Global Economy

摘要: some economic theorists may think of both goods and services as simply “commodities”, but international trade in takes quite a different concrete form than goods. Firms which produce export have point production whose labour relations supply capital are governed by the laws exporting country, with no necessary impact on importing country. However, since service typically cannot be stored, actual must usually occur where customers reside. As consequence, “free services” really means allowing foreign firms provide (such transportation, banking or insurance) to enter domestic markets an equal footing local firms. In order do that, able abroad much same way they their country origin. Free therefore implies freedom import technology (which is embodied key workers particular practices firms). If foreignowned compete “service-importing” countries, regulatory environment has compatible inevitably entails deregulating pressures towards “harmonizing” market regulations. well, nations differ substantially extent prisons, hospitals, medical education) considered at all appropriate for private sector. Hence, many people fear that conflict autonomy deciding boundaries public spheres activity. Given this, current context political economy perspective would look beyond trends merchandise changes institutional might add following definition [1] “globalization”: [2] tendency establishment global set common rules governing i.e. reduction over time differences legal environments goods, services, arise from cumulative treaties interpretive decisions dispute settlement mechanisms establish.