The World Economy and Great Post-communist Change

The World Economy and Great Post-communist Change
Author: Grzegorz W. Kołodko
Publisher: Nova Publishers
Total Pages: 206
Release: 2006
Genre: Business & Economics
ISBN: 9781600210457

An answer for the economist is a question for a policy maker. Most economists are confronted daily with the practical question of how the world is organised and how the global economy performs? When economists conclude they can grasp certain aspects scientifically, they offer an answer, which becomes, in turn, a question to the policy makers, keen on changing the world for the better. The unique approach presented in the book is the combination of the theoretical considerations with the policy viewpoint analysis, due to the author's own experience with policy-making as deputy premier and finance minister of Poland (twice and very successful as an architect of Polish reforms). Another important feature is a vast, yet comprehensive and deep discussion of the interactions between technology change and society and the economy both, in the world economy and in emerging markets, especially the post-communist ones. Of great importance for sustained development are the institutions. They are not only created and built, but also need to be learnt. Not only theoretical arguments, but also the practical experience demonstrates that faster economic growth is attained by those countries which take greater care to foster the institutional reinforcement of market economy and civic society. Yet progress in market-economy institution building is not in itself sufficient to ensure durable and fast growth. Another indispensable component is an appropriately designed and implemented economic policy, which must not confuse the means with the aims.

Economic Policy and Equity

Economic Policy and Equity
Author: Mr.Ke-young Chu
Publisher: International Monetary Fund
Total Pages: 310
Release: 1999-05-04
Genre: Business & Economics
ISBN: 9781557757883

This book brings together the views not only of policymakers and academics but also of religious leaders and labor leaders from around the world- including the 1998 Nobel Laureate in Economics, Amartya Sen - who participated in an IMF conference on this topic. Contributors discuss the causes of growing inequality and the complex question of how to use policy to make economic systems more equitable under five headings: perspectives on economic policy and equity, globalization and equitable growth, country experiences in equity-oriented policymaking, design and implementation of policy, and a roundtable discussion on lessons for countries and the IMF. Edited by Vito Tanzi, director of the Fiscal Affairs Department of the IMF; Ke-young Chu, a senior advisor; and Sanjeev Gupta, a division chief in the department.

The Handbook of Experimental Economics

The Handbook of Experimental Economics
Author: John H. Kagel
Publisher: Princeton University Press
Total Pages: 742
Release: 2020-05-05
Genre: Business & Economics
ISBN: 0691213259

This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.