It is common wisdom that the process of globalization has intensified competition among governments. The precise nature of such competition is, however, less well understood. The purpose of this paper is to explore how the competitive pressure that globalization exerts on governments affects the...

Bei diesem Beitrag handelt es sich um eine erweiterte und um Fußnoten ergänzte Schriftfassung der Achten Wilhelm-Röpke-Vorlesung, die Prof. Dr. Viktor J. Vanberg, Vorstand und Senior Research Fellow am Walter Eucken Institut in Freiburg, am 13. Februar 2014 in der Thüringer Aufbaubank in...