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Extra info for A New Interpretation of Information Rate

Sample text

With this as backdrop, the chapter now turns to the first macro policy area: securing the internal market for goods, services, labor, and capital. Internal Economic Integration With the advent of the Europe 1992 program and its 300 or so integration directives, attention has been focused on the degree to which the national markets of federal nations (and even unitary states) are integrated. For example, Canadian politicians and business leaders are fond of claiming that goods and capital can flow more freely across member states of the EU than across the Canadian provinces.

A ) Wide; (b) yes, it is bound by the guarantee, for example, in agricultural marketing and nationalization. (a) What is the scope of the free trade guarantee? and (b) is the federal authority bound by the guarantee? T A B L E 1 . 3 Comparison of Constitutional Provisions Interstate: they are concurrent with federal paramountcy, and wider federal powers exist than in Canada. Intrastate: they are exclusively a state jurisdiction. Scope is exclusively federal, but narrowly interpreted. Courts have reserved intraprovincial authority for the provinces.

Whereas issues related to physical capital formation and mobility were traditionally part of macro policy, issues related to human capital formation generally were not. The information-knowledge revolution is altering this situation and, therefore, will also alter aspects of the way that these areas have been addressed in the existing fiscal federalism literature. In particular, the reference in EU circles to “social dumping” and the presence of the social policy “rider” to NAFTA indicate that aspects of social policy are now an integral part of competition policy for trade purposes.

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A New Interpretation of Information Rate by J.L.Kelly.


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