Construct · 1 fields · 1 citations

market-preserving federalism: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
market-preservingfederalism1 CONSTRUCTMarket-preservingWEINGAST · POLITICAL ECONOMY

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Political economy

a federal structure that limits governments' ability to intrude on markets through subnational authority, a common market and hard budget constraints.

In political economy, market-preserving federalism refers to a federal structure that limits governments' ability to intrude on markets through subnational authority, a common market and hard budget constraints. This meaning comes from Weingast (1995) in The Journal of Law, Economics, and Organization.[1]

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Nearby constructs

authority4 fields · 6 citationsjingle · one word, four constructsfederalism1 fields · 1 citationsanchor · a standalone constructmarket3 fields · 5 citationsjingle · one word, three constructs

References

  1. Weingast, B. R. (1995). The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development. The Journal of Law, Economics, and Organization. https://doi.org/10.1093/oxfordjournals.jleo.a036861

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