The Making Of Economic Policy
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Author | : Avinash K. Dixit |
Publisher | : MIT Press |
Total Pages | : 220 |
Release | : 1998-09-01 |
Genre | : Business & Economics |
ISBN | : 9780262540988 |
The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics. The same is true for many other dimensions of economic policy. Avinash Dixit looks for an improved understanding of the politics of economic policy-making from a transaction cost perspective. Such costs of planning, implementing, and monitoring an exchange have proved critical to explaining many phenomena in industrial organization. Dixit discusses the variety of similar transaction costs encountered in the political process of making economic policy and how these costs affect the operation of different institutions and policies. Dixit organizes a burgeoning body of research in political economy in this framework. He uses U.S. fiscal policy and the General Agreement on Tariffs and Trade (GATT) as two examples that illustrate the framework, and show how policy often deviates from the economist's ideal of efficiency. The approach reveals, however, that some seemingly inefficient practices are quite creditable attempts to cope with transaction costs such as opportunism and asymmetric information. Copublished with the Center for Economic Studies and the Ifo Institute
Author | : George P. Shultz |
Publisher | : University of Chicago Press |
Total Pages | : 255 |
Release | : 1998-06-20 |
Genre | : Political Science |
ISBN | : 0226755991 |
Drawing on their experience as government insiders, the authors of this book show how economic policy is shaped at the highest levels of government. They reveal the interconnections between economic, social and international policy, covering such issues as the advocacy system.
Author | : Paul Peretz |
Publisher | : Routledge |
Total Pages | : 520 |
Release | : 2016-09-16 |
Genre | : Business & Economics |
ISBN | : 1315482045 |
A reader on American government and the economy. It contains wide-ranging articles by people such as Richard Musgrave, Milton Friedman, James Buchanan, and Alan Greenspan.
Author | : Richard S. Grossman |
Publisher | : Oxford University Press, USA |
Total Pages | : 291 |
Release | : 2013 |
Genre | : Business & Economics |
ISBN | : 0199322198 |
The industrialized world has long been rocked by economic crises, often caused by policy makers who are guided by ideology rather than cold, hard analysis. WRONG examines the worst economic policy blunders of the last 250 years, providing a valuable guide book for policy makers... and the citizens who elect them.
Author | : Roger B. Porter |
Publisher | : Cambridge University Press |
Total Pages | : 290 |
Release | : 1982-12-30 |
Genre | : Business & Economics |
ISBN | : 9780521271127 |
This inside account of decision making in the White House describes the organizational challenges the President faces. The Economic Policy Board was one of the most systematic and sustained attempts to organize advice for the President in recent decades. The author examines the Board's deliberations over three controversial policy issues, drawing on scores of interviews with cabinet officials and career civil servants.
Author | : Agnès Bénassy-Quéré |
Publisher | : |
Total Pages | : 705 |
Release | : 2018 |
Genre | : Business & Economics |
ISBN | : 0190912103 |
Concepts -- Issues -- Interdependence -- Fiscal policy -- Monetary policy -- Financial stability -- International financial integration and foreign-exchange policy -- Tax policy -- Growth policies
Author | : Radhika Balakrishnan |
Publisher | : Routledge |
Total Pages | : 146 |
Release | : 2016-03-31 |
Genre | : Business & Economics |
ISBN | : 1317572114 |
The dominant approach to economic policy has so far failed to adequately address the pressing challenges the world faces today: extreme poverty, widespread joblessness and precarious employment, burgeoning inequality, and large-scale environmental threats. This message was brought home forcibly by the 2008 global economic crisis. Rethinking Economic Policy for Social Justice shows how human rights have the potential to transform economic thinking and policy-making with far-reaching consequences for social justice. The authors make the case for a new normative and analytical framework, based on a broader range of objectives which have the potential to increase the substantive freedoms and choices people enjoy in the course of their lives and not on not upon narrow goals such as the growth of gross domestic product. The book covers a range of issues including inequality, fiscal and monetary policy, international development assistance, financial markets, globalization, and economic instability. This new approach allows for a complex interaction between individual rights, collective rights and collective action, as well as encompassing a legal framework which offers formal mechanisms through which unjust policy can be protested. This highly original and accessible book will be essential reading for human rights advocates, economists, policy-makers and those working on questions of social justice.
Author | : Herbert Stein |
Publisher | : American Enterprise Institute Press |
Total Pages | : 456 |
Release | : 1988 |
Genre | : Business & Economics |
ISBN | : |
With rare wit and lucidity, Herbert Stein examines the events, policies, and personalities that have shaped the American economy for a half-century. Copyright © Libri GmbH. All rights reserved.
Author | : Panagiotis E. Petrakis |
Publisher | : Springer Nature |
Total Pages | : 277 |
Release | : 2020-07-23 |
Genre | : Business & Economics |
ISBN | : 3030431819 |
This book provides the theoretical and analytical background necessary to understanding the process of growth and the implementation of economic policies. First, it presents the growth theory landscape and the evolution of growth as well as modern growth theory arguments where the policy implications of the theoretical approaches are set. The book then covers the relationship between policy and growth, discussing not only the growth prototypes that prevail but also their relation to politics and economic policy formation and decision making. In this context, policy formation determinants, as well as the targets, instruments, and policy implementations, are crucial. The role of structural changes and structural reforms and their relationship with economic growth is also analyzed. The book ends with an interdisciplinary study of how institutions and cultural background, entrepreneurship and innovation affect policy formation.
Author | : Daniel A. Crane |
Publisher | : Oxford University Press |
Total Pages | : 510 |
Release | : 2013-01-30 |
Genre | : Business & Economics |
ISBN | : 0199311560 |
This book provides edited selections of primary source material in the intellectual history of competition policy from Adam Smith to the present day. Chapters include classical theories of competition, the U.S. founding era, classicism and neoclassicism, progressivism, the New Deal, structuralism, the Chicago School, and post-Chicago theories. Although the focus is largely on Anglo-American sources, there is also a chapter on European Ordoliberalism, an influential school of thought in post-War Europe. Each chapter begins with a brief essay by one of the editors pulling together the important themes from the period under consideration.