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单词 Economic Regionalization
释义

Economic Regionalization

英语百科

Market-preserving federalism

(重定向自Economic Regionalization)

Market-preserving federalism is a special type of federalism that limits the degree to which a country’s political system can encroach upon its markets. Weingast notes that there is a fundamental dilemma facing a government attempting to build and protect markets: the government must be strong enough to protect property rights and enforce contracts, but strong enough to credibly commit the state to honoring such rules.

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