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World 3.0: Global Prosperity and How to Achieve It by Pankaj Ghemawat

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Chapter Thirteen

Countries in World 3.0

THE PREVIOUS CHAPTER explained that World 3.0 typically affords policy makers broad discretion in the choices they can make and the paths they can pursue toward prosperity. It also articulated six propositions to help policy makers continue to open up while addressing market failures and fears. This chapter pushes further with the part of this agenda that involves opening up or integrating across borders—and leans particularly heavily on the CAGE framework and the law of distance to do so.

While cross-border integration could be looked at from the perspective of any polity with well-defined borders, this chapter takes a country-level perspective, that is, it focuses on national borders. As discussed in ...

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