The New Regional Economies
The New Regional Economies by William R. Barnes, published by SAGE in 1998, offers an insightful examination of the interplay between politics and economics in the United States. This edition, comprising 191 pages, delves into the evolving landscape of the nation’s political economy, highlighting the diminishing role of the nation-state amid increasing globalization and the emergence of trading blocs.
Readers will find a thorough exploration of how economic conditions and policies are reshaping regional economies and competitive environments. The book discusses the implications of viewing political jurisdictions as polities rather than economies, addressing significant topics such as economic history and public policy. Through this analysis, Barnes presents a nuanced perspective on the challenges and transformations facing the U.S. economic framework in a rapidly changing world.
Official synopsis Publisher
The politics and economics of the United States are wedded in the political economy of the nation state and the nationalist economic policies. This `nationalist paradigm’ is, however, showing the following signs of fatigue: the role of the nation state is diminishing as the economy globalizes; US national accounting systems are less effective, technology forces change; trading blocs are emerging; there is less control of exchange rates; regional economies are restructuring; and competitive environments are changing. This book proposes that political jurisdictions are not economies but polities, and explores the complex and important economic implications of this thesis.
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