Globalization and Federalism in Emerging Markets

Dr. Lawrence Saez addresses two critical issues in comparative federalism, namely the issues of economic growth and fiscal policy. Drawing on data from twelve prominent emerging market federations (Argentina, Brazil, China, Colombia, India, Indonesia, Malaysia, Mexico, Pakistan, Russia, South Africa, and Venezuela), Dr. Saez will examine the impact that globalization has had on economic growth at the national level and whether there has been a convergence or divergence at the sub-national level. The impact of globalization on fiscal policy and its "offloading" of fiscal deficits onto the subnational governments will be analyzed.

Lawrence Saez is concurrently assistant research political scientist at the Institute of East Asian Studies and visiting scholar at the Center for South Asia Studies, University of California, Berkeley. He is also the associate editor for South Asia at Asian Survey. His research is focused on comparative political economy and fiscal federalism in developing countries. He is currently working on trying to understand how globalization has affected subnational economic growth and the provision of public goods in emerging markets. He is the author of Federalism without a Center: The Impact of Political Reform and Economic Liberalization on India's Federal System (Sage, 2002). His book manuscript entitled, Repairing Heaven: Banking Reform in India and China, will be published later this year by Palgrave/St. Martin's Press. He holds a BA in political science from the University of California, Berkeley; an MA from the Fletcher School of Law and Diplomacy; and a PhD in political science from the University of Chicago.

THE PAPER ACCOMPANYING THIS TALK MAY BE DOWNLOADED AT

http://Shorenstein APARC.stanford.edu/docs/Saez_seminar_paper.pdf