Globalization and the State: International Institutions, Finance, the Theory of the State and International Trade

International economic and financial policy (IEFP) involves the analysis of national government policy measures which are intended to influence external trade, investment, intellectual property rights (IPR) and migration. IEFP can be seen as synonymous with the idea of globalization. The power of the state to intervene in markets is a key determinant of the existence of globalization, its speed and nature. What an individual argues about globalization is ultimately an argument of the preference for a specific view on the intervention of the state in the economy.