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Friday, March 15, 2019

Economic Markets and State Governments: Adversaries or Symbiotic in the

Do economic markets and country governments sh are an adversarial or symbiotic relationship? Scholars of International Political economic science have been at odds over what role, if any, the state should have in the International Economy. Despite such disagreements, most scholars can concur that IPE is eventu exclusivelyy concerned with the ways in which states shape the bodys through which economic interactions are expressed, and conversely the results that economic interactions (including the power of collective markets and individuals acting both inwardly and outside them) have upon political structures and outcomes. The relation between states and markets in the humanity-wide scene, and whether, the relationship at home affects relationships abroad, is of great importance. angiotensin converting enzyme contemporary in particular Ian Bremmer has attempted to explain this relationship in light of the latest economic recession, and what impact the state should have in th e future. In his discussion titled The End of the Free Market Bremmer believes that the Free Market capitalism which has been a staple of American Economic prosperity is still the system that will provide for innovation and the clear flow of ideas, information, people, money, goods, and services (Bremmer,183-184). Countries comparable China, Russia, Brazil, Mexico, and regions like Southeast Asia and Africa have all converted from command economies to a degree into state capitalist countries. These countries have all experienced the positives of the free market system, but are just now seeing the results of unregulated US municipal bubbles. Globalization, therefore, has created a system that requires government regulation of domestic products and services to ensure that a symbiotic relationship between governments cont... ...elationships between states roar back the world will continue down the flow recessionary path which quite possibly could lead to war on a truly global sc ale. The best way to ensure soverignty for all is with the free-market system which Adam Smith made so famous. As want as nation-states continue to exist (and it appears that they always will) their will be a temptation to revert back into protectionist ways. This I feel is hardly recipe as it bolsters the national scene at home. If America and the rest of the world wants to continue to thrive and expand the pie much needed investment is unavoidable but maybe we should seek foreign investment help/advice when it is offered. One thing is for certain regulation domestically would go far in instilling the confidence foreign governments had in the United States to not only police the world but also police itself.

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