Governments, Markets, and Growth

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Publisher : Cornell University Press
ISBN 13 : 9780801492525
Total Pages : 364 pages
Book Rating : 4.4/5 (925 download)

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Book Synopsis Governments, Markets, and Growth by : John Zysman

Download or read book Governments, Markets, and Growth written by John Zysman and published by Cornell University Press. This book was released on 1983 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zysman demonstrates that there is a direct relationship between a nation's financial system and its government's ability to restart the growth engine.

Governments, Markets, and Growth

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Author :
Publisher : Cornell University Press
ISBN 13 : 1501717413
Total Pages : 361 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Governments, Markets, and Growth by : John Zysman

Download or read book Governments, Markets, and Growth written by John Zysman and published by Cornell University Press. This book was released on 2018-05-31 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: The deterioration in the economic performance of the advanced industrial democracies during the 1970s provoked an intense debate about the role of government in economic adjustment and growth. In Governments, Markets, and Growth, John Zysman makes a significant contribution to our understanding of these critical international issues by demonstrating that there is a direct relationship between a nation's financial system and its government's ability to restart the growth engine.Professor Zysman argues that there are three distinct types of financial systems, each with different consequences for the political ties between financial markets, industry, and government. Zysman tests his argument by analyzing and comparing the patterns of industrial adjustment in five advanced nations. He contrasts the differing strategies of industrial adjustments primarily in France and Great Britain, but also in Japan, West Germany, and the United States. Governments, Markets, and Growth will be invaluable to the international banking and business community, a wide variety of government officials, and students of political science, economics, and business administration.

Government versus Markets

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Publisher : Cambridge University Press
ISBN 13 : 1139499734
Total Pages : 391 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Government versus Markets by : Vito Tanzi

Download or read book Government versus Markets written by Vito Tanzi and published by Cambridge University Press. This book was released on 2011-05-16 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vito Tanzi offers a truly comprehensive treatment of the economic role of the state in the twentieth and twenty-first centuries from a historical and world perspective. The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years. The investigation assembles a large set of statistical information that should prove useful to policy-makers and scholars in the perennial discussion of government's optimal economic roles. It will become an essential reference work on the analytical borders between the market and the state, and on what a reasonable 'exit strategy' from the current fiscal crises should be.

The Limits of the Market

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Publisher : Oxford University Press
ISBN 13 : 0198784287
Total Pages : 182 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis The Limits of the Market by : Paul de Grauwe

Download or read book The Limits of the Market written by Paul de Grauwe and published by Oxford University Press. This book was released on 2017 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The old discussion of 'Market or State' is obsolete. There will always have to be a mix of market and state. The only relevant question is what that mix should look like. How far do we have to let the market go its own way in order to create as much welfare as possible for everyone? What is the responsibility of the government in creating welfare? These are difficult questions. But they are also interesting questions and Paul De Grauwe analyses them in this book. The desired mix of market and state is anything but easy to bring about. It is a difficult and sometimes destructive process that is constantly in motion. There are periods in history in which the market gains in importance. During other periods the opposite occurs and government is more dominant. The turning points in this pendulum swing typically seem to coincide with disruptive events that test the limits of market and state. Why we experience this dynamic is an important theme in the book. Will the market, which today is afforded a greater and greater role due to globalization, run up against its limits? Or do the financial crisis and growing income inequality show that we have already reached those limits? Do we have to brace ourselves for a rejection of the capitalist system? Are we returning to an economy in which the government is running the show?

Government and Markets

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Publisher : Cambridge University Press
ISBN 13 : 0521118484
Total Pages : 579 pages
Book Rating : 4.5/5 (211 download)

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Book Synopsis Government and Markets by : Edward J. Balleisen

Download or read book Government and Markets written by Edward J. Balleisen and published by Cambridge University Press. This book was released on 2010 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory reforms will be rooted in outdated ideas. As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges. Regulatory studies, long neglected in an atmosphere focused on deregulatory work, is in critical need of new models and theories that can guide effective policy-making. This interdisciplinary volume points the way toward the modernization of regulatory theory. Its essays by leading scholars move past predominant approaches, integrating the latest research about the interplay between human behavior, societal needs, and regulatory institutions. The book concludes by setting out a potential research agenda for the social sciences.

Gaining Ground

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Publisher : Brookings Institution Press
ISBN 13 : 0815739338
Total Pages : 308 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Gaining Ground by : Clifford Winston

Download or read book Gaining Ground written by Clifford Winston and published by Brookings Institution Press. This book was released on 2021-08-17 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on ways that markets work with, rather than against, governments to enhance public welfare. The optimal mix of market forces and government intervention to allocate resources is one of the longest-standing problems facing human civilization. At the theoretical extremes, resources in centrally planned economies are allocated by the government, while resources in capitalist economies are allocated by private markets. In practice, market forces and government interventions co-exist to allocate goods and services in a political environment with shifting pressures to give one approach more responsibility than the other. Current public attitudes toward markets are at a low point in the wake of the Great Recession and the growth in income inequality that began in the 1970s. However, in this book, noted Brookings economist Clifford Winston argues that it is a serious mistake to overlook that markets will be a critical part of the solution to any public objective—whether it be to reduce inequality, stimulate long-term growth, slow climate change, or eliminate COVID 19. In Winston's view, policymakers should be much more aware of the many ways that markets help government to achieve economic and social goals and the potential that markets have to provide greater assistance in achieving those goals. Winston synthesizes the empirical evidence on the efficacy of markets in helping to protect consumers against anti-competitive behavior and when technology appears to prevent price competition; to enable individuals to make more informed decisions; and to reduce negative externalities, improve public production, and encourage innovations. Importantly, Winston presents evidence indicating how markets can also help to reduce poverty, promote fairness in labor markets, and provide merit goods. Winston subjects his assessment to a robustness test by explaining how market forces have helped to address the COVID-19 pandemic by, for example, finding new ways for people to work safely and providing incentives for pharmaceutical companies to develop safe and effective vaccines. Winston takes a proactive approach in his conclusion by suggesting the formation of a major “Commission” composed of academics, policymakers, and businesspeople. Such a panel could explore how market forces could provide greater help to government to address economic and social problems and could provide specific recommendations to facilitate market solutions where appropriate.

Marketcraft

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Publisher : Oxford University Press
ISBN 13 : 0190699876
Total Pages : 256 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Marketcraft by : Steven K. Vogel

Download or read book Marketcraft written by Steven K. Vogel and published by Oxford University Press. This book was released on 2018-02-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus "marketcraft" represents a core function of government comparable to statecraft and requires considerable artistry to govern markets effectively. Just as real-world statecraft can be masterful or muddled, so it is with marketcraft. In Marketcraft, Steven Vogel builds his argument upon the recognition that all markets are crafted then systematically explores the implications for analysis and policy. In modern societies, there is no such thing as a free market. Markets are institutions, and contemporary markets are all heavily regulated. The "free market revolution" that began in the 1980s did not see a deregulation of markets, but rather a re-regulation. Vogel looks at a wide range of policy issues to support this concept, focusing in particular on the US and Japan. He examines how the US, the "freest" market economy, is actually among the most heavily regulated advanced economies, while Japan's effort to liberalize its economy counterintuitively expanded the government's role in practice. Marketcraft demonstrates that market institutions need government to function, and in increasingly complex economies, governance itself must feature equally complex policy tools if it is to meet the task. In our era-and despite what anti-government ideologues contend-governmental officials, regardless of party affiliation, should be trained in marketcraft just as much as in statecraft.

Government Versus the Market

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 792 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Government Versus the Market by : Roger Middleton

Download or read book Government Versus the Market written by Roger Middleton and published by Edward Elgar Publishing. This book was released on 1996 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Government Versus the Market, Roger Middleton provides a comprehensive, interdisciplinary and controversial analysis of how Britain's relative economic decline from the late nineteenth century onwards generated an intense debate about the legitimate roles of government and the market. After a thorough analysis of Britain's long-run economic performance in a comparative context, which emphasizes how the problem of decline is frequently misunderstood, and an account of the long-run forces promoting and constraining government growth, he then charts how the economic role of government evolved in response to decline but produced a mix of macroeconomic and microeconomic policies which proved inadequate for the task. This major study emphasizes the institutional and political constraints to economic modernization and uses the specific characteristics of Britain's predicament, a combination of market failure and impotent state, to explain why by 1979 the burgeoning New Right were able to launch an attack upon big government. Dr Middleton then demonstrates how Britain's subsequent economic performance, while brilliantly propagandized as an economic renaissance, has in fact been lacklustre and why the Conservatives' economic strategy failed to address the underlying problems of decline and to reduce the size of the public sector. Government versus the Market brings an unrivalled historical, empirical and theoretical breadth to our understanding of the last century of British economic history as well as a wealth of material on economic performance and public sector growth, and the fullest bibliography yet published on Britain's economic decline. Comprehensive, authoritative and wide-ranging, this extensive study uses a long-term and comparative framework which draws upon the latest research of economists, historians and political scientists to show why successive governments have been unable to halt Britain's relative economic decline.

The Size of Government Procurement Markets

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264196307
Total Pages : 65 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis The Size of Government Procurement Markets by : OECD

Download or read book The Size of Government Procurement Markets written by OECD and published by OECD Publishing. This book was released on 2002-03-12 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This document presents a synthesis of the analytical studies on the quantification of the size of government procurement markets and proposes a series of estimates of procurement markets for over 130 individual countries.

Essays on Government Growth

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Author :
Publisher : Springer Nature
ISBN 13 : 3030550818
Total Pages : 168 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Essays on Government Growth by : Joshua Hall

Download or read book Essays on Government Growth written by Joshua Hall and published by Springer Nature. This book was released on 2020-12-22 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains eight papers focusing on factors associated with the growth of government. There is a large literature in public economics, especially public choice, on the determinants of the growth of government. The papers in this volume focus on a number of arguments related to why government has grown in many developed countries during the nineteenth and twentieth centuries. Chapters focus on taxation, trade openness, technology, income changes, and tax compliance. The volume features prominent scholars such as Nobel Laureate Gary Becker, Casey Mulligan, Gordon Tullock, Randall Holcombe, and Tyler Cowen.

Rethinking Federalism

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Publisher : UBC Press
ISBN 13 : 0774842687
Total Pages : 366 pages
Book Rating : 4.7/5 (748 download)

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Book Synopsis Rethinking Federalism by : Karen Knop

Download or read book Rethinking Federalism written by Karen Knop and published by UBC Press. This book was released on 2011-11-01 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federalism is at once a set of institutions -- the division of public authority between two or more constitutionally defined orders of government -- and a set of ideas which underpin such institutions. As an idea, federalism points us to issues such as shared and divided sovereignty, multiple loyalties and identities, and governance through multi-level institutions. Seen in this more complex way, federalism is deeply relevant to a wide range of issues facing contemporary societies. Global forces -- economic and social -- are forcing a rethinking of the role of the central state, with power and authority diffusing both downwards to local and state institutions and upwards to supranational bodies. Economic restructuring is altering relationships within countries, as well as the relationships of countries with each other. At a societal level, the recent growth of ethnic and regional nationalisms -- most dramatically in Eastern Europe and the former Soviet Union, but also in many other countries in western Europe and North America -- is forcing a rethinking of the relationship between state and nation, and of the meaning and content of 'citizenship.' Rethinking Federalism explores the power and relevance of federalism in the contemporary world, and provides a wide-ranging assessment of its strengths, weaknesses, and potential in a variety of contexts. Interdisciplinary in its approach, it brings together leading scholars from law, economics, sociology, and political science, many of whom draw on their own extensive involvement in the public policy process. Among the contributors, each writing with the authority of experience, are Tommaso Padoa-Schioppa and Jacques Pelkmans on the European Union, Paul Chartrand on Aboriginal rights, Samuel Beer on North American federalism, Alan Cairns on identity, and Vsevolod Vasiliev on citizenship after the breakup of the Soviet Union. The themes refracted through these different disciplines and political perspectives include nationalism, minority protection, representation, and economic integration. The message throughout this volume is that federalism is not enough -- rights protection and representation are also of fundamental importance in designing multi-level governments.

Governing the Market

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691187185
Total Pages : 495 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Governing the Market by : Robert Wade

Download or read book Governing the Market written by Robert Wade and published by Princeton University Press. This book was released on 2018-06-05 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published originally in 1990 to critical acclaim, Robert Wade's Governing the Market quickly established itself as a standard in contemporary political economy. In it, Wade challenged claims both of those who saw the East Asian story as a vindication of free market principles and of those who attributed the success of Taiwan and other countries to government intervention. Instead, Wade turned attention to the way allocation decisions were divided between markets and public administration and the synergy between them. Now, in a new introduction to this paperback edition, Wade reviews the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s. He extends the original argument to explain the boom of the first half of the decade and the crash of the second, stressing the links between corporations, banks, governments, international capital markets, and the International Monetary Fund. From this, Wade goes on to outline a new agenda for national and international development policy.

Size and Role of Government

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Author :
Publisher : DIANE Publishing
ISBN 13 : 1437937128
Total Pages : 30 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Size and Role of Government by : Marc Labonte

Download or read book Size and Role of Government written by Marc Labonte and published by DIANE Publishing. This book was released on 2010-11 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The size of gov¿t. has increased significantly since the financial crisis of 2008 as a result of the government¿s unplanned intervention in financial markets and subsequent stimulus legislation. Contents of this report: (1) How Does the Gov¿t. Affect the Economy?; (2) How Large is the Gov¿t.?; (3) Effect of the Gov¿t. on Economic Efficiency: What is a Market Failure?; Public Goods; Common Resources; Monopoly Power; Externalities; Asymmetric Information; Failure to Optimize; How Do Taxes Affect Economic Efficiency?; Balancing Economic Efficiency With Other Goals; (4) Effect of the Gov¿t. on Economic Growth: Effect of Spending, Transfers, Taxes, and Regulation. Charts and tables.

Market-augmenting Government

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Author :
Publisher : University of Michigan Press
ISBN 13 : 9780472068173
Total Pages : 372 pages
Book Rating : 4.0/5 (681 download)

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Book Synopsis Market-augmenting Government by : Omar Azfar

Download or read book Market-augmenting Government written by Omar Azfar and published by University of Michigan Press. This book was released on 2003 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows how governments and markets are complementary rather than opposing forces

Markets or Governments, second edition

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Publisher : MIT Press
ISBN 13 : 9780262731041
Total Pages : 260 pages
Book Rating : 4.7/5 (31 download)

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Book Synopsis Markets or Governments, second edition by : Charles Wolf, Jr.

Download or read book Markets or Governments, second edition written by Charles Wolf, Jr. and published by MIT Press. This book was released on 1993-09-02 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a formal theory of nonmarket failure, analyzing such problems as redundant costs, monopoly, frequency of unanticipated externalities, and bureaucracy in such nonmarket institutions as foundations, universities, and government. A theory of market failures is well established in economics, but the same has not been true for the study of nonmarket failures. Markets or Governments remedies this situation by providing a formal theory of nonmarket failure, analyzing such problems as redundant costs, monopoly, frequency of unanticipated externalities, and bureaucracy in such nonmarket institutions as foundations, universities, and government. This new edition updates the data and results contained in the first edition and includes references and applications of the theory to the ongoing process of system transformation in Russia, Ukraine, and Eastern Europe. The discussion of earlier literature that is relevant to the theory of nonmarket failure has been expanded.

Taiwan’s Development Experience: Lessons on Roles of Government and Market

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461549957
Total Pages : 448 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Taiwan’s Development Experience: Lessons on Roles of Government and Market by : Erik Thorbecke

Download or read book Taiwan’s Development Experience: Lessons on Roles of Government and Market written by Erik Thorbecke and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taiwan's Development Experience: Lessons on Roles of Government and Market scrutinizes the main features of the Taiwanese development experience under five interrelated themes and domains: Outward-orientation vs. inward-orientation; Sources of growth; Dynamic balanced growth process: the interaction between agricultural and non-agricultural sectors; The role of government in the transition to a more market-oriented economy; and The potential transferability of the Taiwanese development experience to developing countries. In addition to highlighting the essential contributions of papers, the Editors also bring out the views and contributions, under each of the above headings, of two distinguished former Cornell University colleagues who are honored at the sponsoring conference - T.C. Liu and S.C. Tsiang.

The Entrepreneurial State

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Publisher : Penguin
ISBN 13 : 0593656946
Total Pages : 313 pages
Book Rating : 4.5/5 (936 download)

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Book Synopsis The Entrepreneurial State by : Mariana Mazzucato

Download or read book The Entrepreneurial State written by Mariana Mazzucato and published by Penguin. This book was released on 2024-02-06 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector—with a new preface by the author According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all? Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so “smart” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri. In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.