International Transaction Policy in the Context of Transforming Social Responsibility

Abstract

International transaction policy, which encompasses the regulation of cross-border financial transactions, trade, and investment, determines the structure of global markets and influences the allocation of resources between countries. In a globalized world, transaction policy requires coordination between states and international institutions. Leading economic theories of globalization, stakeholders, information asymmetry, institutionalism, global governance should be integrated to guide transactional policy to ensure both sustainable development and social inclusion in the context of global digital transformations.