Saturday, March 22, 2008

The provision of international public goods and the economic well-being of the respective countries

This paper examines the theoretical link between the level of the burden of a country which provides international public goods and economic prosperity enjoyed by the country. It is considered that the international public goods are provided voluntarily by governments. In such circumstances, the country which provides the most public goods are not necessarily the country that benefits most from economic benefits. This document provides explanations neutral proposal for a first and then shows that the paradoxical results are drawn in realistic circumstances in which the proposal was not realized. The paper also examines the link between risk and the provision of international public goods. Increase in damages, such as the risk of terrorist acts does not increase the role of governments bear the burden of international public goods, but the willingness of governments to implement measures is due to the weakening (negative) effect on income That reduces the expected benefit. On the other hand, increase revenues through economic growth raises the role of governments (voluntary expense) with respect to the application of public property. Therefore, if the growth of the world economy, can not be expected voluntarily provision of international public goods by country will be limited. In such circumstances, international collaboration which is not dependent on the actions voluntarily, as opposed to the current situation, will be necessary.

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