New Institutional Arrangements For The World Economy
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| Author | : Hans-Jürgen Vosgerau |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 486 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 364283647X |
New Institutional Arrangements for the World Economy Hans-Jiirgen Vosgerau, Konstanz I. The Problem During the first days of July 1987 the newly established Sonderforschungs bereich 178 "Internationalisierung der Wirtschaft" held its first symposium in Konstanz/Bodensee. "New Institutional Arrangements for the World Economy" were discussed by a group of economists and lawyers working in the fields of interna tional trade, international monetary economics, international finance, international public choice, and international economic law. Cooperation between these areas of research is an important condition for attaining the long-term aim of the Sonderforschungsbereich, viz. analysis of the complex interdependencies between international economic transactions of various kinds and international economy related institutions in a broad sense. The nature of these interdependencies seems to be crucial for the world economy's further development. A better understanding of their characteristics will be helpful for the solution of most imminent international economic problems. Four problem areas were especially addressed during the conference, each con sisting of three or four contributions. The revised papers are presented in this volume, each followed by a comment of the invited discussant, or by a summary of the discussion. The last contribution is meant as a summary conclusion and has no comment. The four problem areas discussed were: (1) Exchange rate stabilization and econ omic policy coordination, (2) International financial markets and their regulation, (3) Protectionism and the Uruguay GAIT-round, and (4) The institutional frame work for international production.
| Author | : Hans-Jurgen Vosgerau |
| Publisher | : |
| Total Pages | : 482 |
| Release | : 1989 |
| Genre | : |
| ISBN | : |
| Author | : Joachim Ahrens |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 456 |
| Release | : 2002-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781781959923 |
'. . . this volume is an excellent resource for those interested in the analysis of institutions' design and economic development. . .' - Oscar Alfranca, Progress in Development Studies The main theme of this study is the political economy of policy reform in less developed countries and post-socialist countries. Given the complexity of economic development and transition, Joachim Ahrens views failures in policy reform, poor public sector management, rent-seeking, corruption, and over-centralization as systematic, though not exclusive, instances of institutional failure.
| Author | : Ménard, Claude |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 200 |
| Release | : 2022-01-14 |
| Genre | : Business & Economics |
| ISBN | : 1789904498 |
New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE’s answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited?
| Author | : R. Maria Saleth |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 420 |
| Release | : 2004-01-01 |
| Genre | : Business & Economics |
| ISBN | : 9781845421496 |
'[The] literature review . . . is one of the best and most comprehensive that I have seen.' - Daniel W. Bromley, University of Wisconsin, US 'This is an impressive book . . . [It] will be used by diverse audiences. For scholars interested in the evolution of institutional theory, they will assign students primarily to the first three chapters . . . For scholars in resource economics, they will have them read the last part of the book . . . The strength of the book, however, is bringing both these approaches together within one set of pages.' - Elinor Ostrom, Indiana University, US This outstanding new book provides the most detailed and comprehensive evaluation of water reform and water sector performance from the perspectives of institutional economics and political economy.
| Author | : Douglass C. North |
| Publisher | : Cambridge University Press |
| Total Pages | : 164 |
| Release | : 1990-10-26 |
| Genre | : Political Science |
| ISBN | : 9780521397346 |
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
| Author | : John Powers |
| Publisher | : Routledge |
| Total Pages | : 111 |
| Release | : 2018-09-20 |
| Genre | : Social Science |
| ISBN | : 135102356X |
As the pace of economic change seems to only quicken, including rapid technological advance, today’s advanced economies face uncertainty from a number of directions, most of which have the potential to change established modes of thinking and the institutional arrangements that underpin basic economic organization. Labor-saving technological advances are accompanied by risks to jobs due to automation. Work is being made more insecure for a wide variety of workers and skill levels because of shifting capital–labor relationships. Regulatory systems are scrambling to adapt to new technologies in infrastructure planning or to the classification of workers under rapidly proliferating "alternative work arrangements." Even the ties that bind groups of countries together in often long-standing bilateral and multilateral trade relationships are increasingly under strain with the rise of populist economic nationalism in some of the world’s largest economies. Crucial changes are taking place that risk eroding structures of opportunity, as well as public confidence in the institutions charged with economic policy making in many countries. The expert views contained in this book will be valuable to the reader studying or working on the many overlapping issues of economy, technology, and society and thus looking for insights into some of the most pertinent topics in today’s advanced economies. Taking a multidimensional view, this book synthesizes the main issues and dilemmas facing the economy of the future, seeks to frame the trade-offs in policy terms, while also advancing the discussion towards recommendations and solutions. It focuses on the intersection of work, technology, society, infrastructure, and the economic role of government. In this way, the book is centered on some of the most tangible areas of economic structure that reproduce the gains of growth, but it also addresses matters related to the distribution effects and measures that can produce more inclusive and productive outcomes, including the fundamental role of policy and regulation.
| Author | : Claude Ménard |
| Publisher | : Edward Elgar Pub |
| Total Pages | : 458 |
| Release | : 2000 |
| Genre | : Business & Economics |
| ISBN | : 9781840646818 |
This outstanding book presents new original contributions from some of the world's leading economists including Ronald Coase, Douglass C. North, Masahiko Aoki, Oliver E. Williamson and Harold Demsetz. It demonstrates the extent and depth of the New Institutional Economics research programme which is having a worldwide impact on the economics profession.The book lays out the fundamental dimensions of the research programme with special emphasis on the interaction between institutional factors, both formal and informal, and the performance of different arrangements that organize transactions. After examining the foundations of New Institutional Economics and honouring Ronald Coase's contribution to the field, it presents controversial and conflicting views on the sources of growth. It places special emphasis on organizations and transactions, focusing on issues of trust, corruption, enforcement of contracts and modes of organization. Written by an eminent group of scholars, Institutions, Contracts and Organizations is an important landmark in the development of New Institutional Economics.
| Author | : Murali Patibandla |
| Publisher | : Routledge |
| Total Pages | : 366 |
| Release | : 2006-09-27 |
| Genre | : Business & Economics |
| ISBN | : 1134299923 |
The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century. Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics. This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions. In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world's most promising economies.
| Author | : Tim Büthe |
| Publisher | : Princeton University Press |
| Total Pages | : 320 |
| Release | : 2011-02-28 |
| Genre | : Political Science |
| ISBN | : 1400838797 |
Global private regulations—who wins, who loses, and why Over the past two decades, governments have delegated extensive regulatory authority to international private-sector organizations. This internationalization and privatization of rule making has been motivated not only by the economic benefits of common rules for global markets, but also by the realization that government regulators often lack the expertise and resources to deal with increasingly complex and urgent regulatory tasks. The New Global Rulers examines who writes the rules in international private organizations, as well as who wins, who loses--and why. Tim Büthe and Walter Mattli examine three powerful global private regulators: the International Accounting Standards Board, which develops financial reporting rules used by corporations in more than a hundred countries; and the International Organization for Standardization and the International Electrotechnical Commission, which account for 85 percent of all international product standards. Büthe and Mattli offer both a new framework for understanding global private regulation and detailed empirical analyses of such regulation based on multi-country, multi-industry business surveys. They find that global rule making by technical experts is highly political, and that even though rule making has shifted to the international level, domestic institutions remain crucial. Influence in this form of global private governance is not a function of the economic power of states, but of the ability of domestic standard-setters to provide timely information and speak with a single voice. Büthe and Mattli show how domestic institutions' abilities differ, particularly between the two main standardization players, the United States and Europe.
