LIMITATIONS OF THE NATIONAL ECONOMIC POLICY IN THE FACE OF GLOBALIZATION PROCESS

The article touches upon the problem of government's role evolution, which is the result of globalization process. The thesis of the paper says that a government is not able to stop and create efficient obstacles for the globalization process. When a government creates national economic policy it can only actively react to the evolution of modern global economy in a way, which is not contradictory to the basic Hayekian spontaneous forces of globalization.