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Author : Farong Li
Publisher :
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.:/5 (319 download)
Download or read book Political Competition, Institutional Arrangements and Long-run Economic Growth written by Farong Li and published by . This book was released on 1993 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Andreas Bergh
Publisher : Edward Elgar Publishing
ISBN 13 : 1848441231
Total Pages : 281 pages
Book Rating : 4.8/5 (484 download)
Download or read book Institutional Competition written by Andreas Bergh and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book has much to commend it, because of the richness and diversity of the issues addressed. Indira Rajaraman, Tax Justice Focus The volume offers substantial insights into the nature of institutional competition, focusing mostly on governmental institutions, and shows the many subtleties in understanding and analyzing the role of institutions. Institutional competition is a small subset of institutional analysis, but an important one, and while the volume does cover the more familiar tax and expenditure topics, it also delves more deeply into the subject. Randall G. Holcombe, Public Choice While economists typically praise the merits of competition among market-based enterprises, they are not so sure when it comes to competition among institutions, especially governments. I am aware of no better source for thoughtful reflection on competition among institutions than the ten essays presented in this book. Richard E. Wagner, George Mason University, US Why is competition between institutions usually viewed in a negative light, when competition is considered positive in most other economic contexts? The contributors to this volume introduce new perspectives on this issue, analytically and empirically exploring reasons for this perception. Negative assessments of institutional competition emphasize that such competition may lead to a race to the bottom in terms of eroding government revenues, redistributing wealth from workers to capitalists, and limiting democracy by forcing politicians to prioritize international investment capital rather than working for their voters. In this volume, however, many of the essays draw attention to the positive learning and information effects. The contributors conclude that competition may actually lead to institutions becoming more efficient in allocating resources. Students and scholars of economics, political economy, international relations and political science will find the book s non-traditional take on institutional competition a must-read, as will policy analysts and those with an interest in taxation and welfare states.
Author : Ivan Pavletic
Publisher : vdf Hochschulverlag AG
ISBN 13 : 3728132969
Total Pages : 235 pages
Book Rating : 4.7/5 (281 download)
Download or read book Political Competition, Economic Reform and Growth written by Ivan Pavletic and published by vdf Hochschulverlag AG. This book was released on 2010 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: Which political and institutional factors trigger reforms that enable the poor to benefit from the process of economic growth? How can the incentives of policy makers be influenced in order to achieve such a dynamic? These are the questions this study seeks to address by examining the transition process in post-communist countries. The author argues that political competition within an accepted and respected institutional environment has been a driving force in shaping the direction and success of transition reforms. Evidence shows that in countries with a sufficient degree of political competition, citizens responded to economic crises by calling for economic liberalization. Economic liberalization removed existing distortions, increased economic efficiency and raised public welfare. This activated a dynamic, self-enforcing reform process that also strengthened the political and economic power of the poor. In the absence of political competition, such a process failed to emerge, thereby contributing to the persistence of poverty. Based on these findings, there is good reason to postulate that some level of political competition is essential for transition reforms to improve economic efficiency and public welfare in a sustainable manner.
Author : William A. Barnett
Publisher : Cambridge University Press
ISBN 13 : 9780521428316
Total Pages : 540 pages
Book Rating : 4.4/5 (283 download)
Download or read book Political Economy: Institutions, Competition and Representation written by William A. Barnett and published by Cambridge University Press. This book was released on 1993-07-30 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contents of this volume are drawn from the seventh International Symposium in Economic Theory and Econometrics, and represent recent advances in the development of concepts and methods in political economy. Contributors include leading practitioners working on formal, applied, and historical approaches to the subject. The collection will interest scholars in the fields of political science and political sociology no less than economics. Part I outlines relevant concepts in political economy, including implementation, community, ideology, and institutions. Part II covers theory and applications of the spatial model of voting. Part III considers the different characteristics that govern the behaviour of institutions, while Part IV analyses competition between political representatives. Part V is concerned with the way in which government acquires information held by voters or advisors, and Part VI addresses government choice on monetary policy and taxation.
Author : S. Pejovich
Publisher : Springer Science & Business Media
ISBN 13 : 9401148481
Total Pages : 223 pages
Book Rating : 4.4/5 (11 download)
Download or read book Economic Analysis of Institutions and Systems written by S. Pejovich and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the late 1980s, the field of comparative economics and NATO faced a similar problem: the threat of obsolescence. A predictable reaction of those who had made major investments in both comparative economics and NATO was to look for a new job. It was time to say: comparative economic systems are dead, long live comparative economic systems. The purpose of this book is to redirect study of what we called comparative economic systems toward analysis of the development of institutions and the effects of alternative institutional arrangements on economic performance. To that end, the book internalizes into a theoretical framework (1) the effects of alternative property rights on the costs of transactions and incentives structures, (2) the effects of the costs of transactions and incentives on economic behavior, and (3) the evidence for refutable implications of those effects. Analysis here focuses on the issues, propositions and conclusions that lend themselves to the only known scientific test: empirical verification. Thus, this book is not about what socialism or capitalism could have been, should have been, or should be. Nor is it an ode to capitalism. Its purpose is not to assert that capitalism is a better economic system than socialism. The history of this century and the market for institutions have done that. My purpose is to explain what is it that makes the institutions of capitalism better in terms of economic outcome than all other alternatives that have been tried since the beginning of recorded history.
Author : Philip Keefer
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (129 download)
Download or read book Polarization, Politics, and Property Rights written by Philip Keefer and published by . This book was released on 2016 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: One strand of research argues that polarized societies find it difficult to reach political consensus on appropriate responses to crises. Another strand focuses on redistribution, asking whether income inequality stifles growth by increasing political incentives to redistribute. Which is right?Most efforts to trace the effects of income inequality on growth have focused on redistribution. However, empirical investigation has not substantiated either the positive association of income inequality with redistribution or the negative association of redistribution with economic growth.Keefer and Knack analyze the effects of inequality in the broader context of social polarization. They argue that social polarization, whether rooted in income inequality or in ethnic tension, makes large changes in current policies (including those guaranteeing the security of contract and property rights) more likely under a wide range of institutional arrangements. The resulting uncertainties in the policy and contractual environment hinder growth.They find strong empirical support for both parts of this argument.The policy implications of their argument are quite distinct from those of arguments that inequality reduces growth by increasing pressures for redistribution.If redistributive policies per se were to blame for the low growth resulting from inequality, governments that seek to mitigate income inequality must inevitably confront a tradeoff between equity and growth.If, on the other hand, the insecurity of property rights slows growth in unequal or otherwise polarized societies, governments that commit over the long run to particular redistributive policies incur less risk of slowing economic growth. Fiscal redistribution that reduces inequality may actually increase growth by reducing the risks of political uncertainty.This paper - a product of Regulation and Competition Policy, Development Research Group - is part of a larger effort in the group to understand the interplay of institutions and economic development. The authors may be contacted at [email protected] or [email protected].
Author : Michael Kitson
Publisher : Routledge
ISBN 13 : 1136294872
Total Pages : 218 pages
Book Rating : 4.1/5 (362 download)
Download or read book The Political Economy of Competitiveness written by Michael Kitson and published by Routledge. This book was released on 2015-12-22 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Political Economy of Competitiveness offers an original perspective on the relationship between economic theory and policy. It places the issues within an accessible political economy perspective. Rejecting the narrowness of mainstream economics the authors deploy an interdisciplinary approach to the problem of economic growth, placing it in its historical and political context. Issues covered include: * trade theory and policy * industrial decline and policy * markets, competition and innovation * globalisation, unemployment and government policy. The book provides a valuable guide to the major economic policy issues for both economists and business students.
Author : Douglass Cecil North
Publisher : Unu/Wider
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (89 download)
Download or read book The Contribution of the New Institutional Economics to an Understanding of the Transition Problem written by Douglass Cecil North and published by Unu/Wider. This book was released on 1997 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dora L. Costa
Publisher : University of Chicago Press
ISBN 13 : 0226116425
Total Pages : 401 pages
Book Rating : 4.2/5 (261 download)
Download or read book Understanding Long-Run Economic Growth written by Dora L. Costa and published by University of Chicago Press. This book was released on 2011-08-10 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. Probing the long-term effects of early colonial differences on immigration policy, land distribution, and financial development in a variety of settings, Understanding Long-Run Economic Growth explores the relationship between economic conditions, growth, and inequality, with a focus on how the monopolization of resources by the political elite limits incentives for ordinary people to invest in human capital or technological discovery. Among the topics discussed are the development of credit markets in France, the evolution of transportation companies in the United Kingdom and the United States, and the organization of innovation in the United States.
Author : Bryan Cheang
Publisher : Springer Nature
ISBN 13 : 3031081005
Total Pages : 365 pages
Book Rating : 4.0/5 (31 download)
Download or read book Economic Liberalism and the Developmental State written by Bryan Cheang and published by Springer Nature. This book was released on 2022-11-10 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a fresh perspective on the debate over the role of the state in East Asia’s development history. Comparing the post-war development policies of Singapore and Hong Kong, it argues that their strong economic performances preceded and persisted despite, not because of, developmental state policies. While both nations are not pure free markets, the Hong Kong economy comes closer to that ideal and exhibited clear advantages over state-driven Singapore, in terms of greater levels of indigenous entrepreneurship, productivity and innovation. The book highlights the complex ways in which states penetrate markets, which are often neglected in liberal accounts of Hong Kong and Singapore as ‘free-market success stories’. At the same time, it also stands as a cautionary tale on the use of non-comprehensive development planning in the twenty-first century, where an unprecedented degree of complexity complicates economic policy and industrial upgrading. The book renews the case for economic liberalism in development policy through a unique Asian cultural lens.
Author : Volker Bornschier
Publisher : Routledge
ISBN 13 : 1134326106
Total Pages : 317 pages
Book Rating : 4.1/5 (343 download)
Download or read book Culture and Politics in Economic Development written by Volker Bornschier and published by Routledge. This book was released on 2005-02-15 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this important book, pre-eminent economic sociologist Volker Bornschier analyzes growth and development in the Old and New Worlds - the so-called 'developed' countries. He shows how sociological and political factors have a massive impact on economic change in those countries. The book is a significant contribution to the burgeoning literature on social capital, trust and democracy and will be of interest to those in the fields of economics, sociology, politics and development studies.
Author : Gene M. Grossman
Publisher : MIT Press
ISBN 13 : 9780262571678
Total Pages : 400 pages
Book Rating : 4.5/5 (716 download)
Download or read book Special Interest Politics written by Gene M. Grossman and published by MIT Press. This book was released on 2001 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: An exploration of the role that special interest groups play in modern democratic politics.
Author : Douglass C. North
Publisher : Cambridge University Press
ISBN 13 : 9780521397346
Total Pages : 164 pages
Book Rating : 4.3/5 (973 download)
Download or read book Institutions, Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Douglass Cecil North
Publisher : Ics Press
ISBN 13 : 9781558152113
Total Pages : 32 pages
Book Rating : 4.1/5 (521 download)
Download or read book Transaction Costs, Institutions, and Economic Performance written by Douglass Cecil North and published by Ics Press. This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Peter A. Hall
Publisher : Oxford University Press
ISBN 13 : 0199247749
Total Pages : 557 pages
Book Rating : 4.1/5 (992 download)
Download or read book Varieties of Capitalism written by Peter A. Hall and published by Oxford University Press. This book was released on 2001 with total page 557 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author : Mark Dincecco
Publisher : Cambridge University Press
ISBN 13 : 1108335985
Total Pages : pages
Book Rating : 4.1/5 (83 download)
Download or read book State Capacity and Economic Development written by Mark Dincecco and published by Cambridge University Press. This book was released on 2017-10-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: State capacity - the government's ability to accomplish its intended policy goals - plays an important role in market-oriented economic development today. Yet state capacity improvements are often difficult to achieve. This Element analyzes the historical origins of state capacity. It evaluates long-run state development in Western Europe - the birthplace of both the modern state and modern economic growth - with a focus on three key inflection points: the rise of the city-state, the nation-state, and the welfare state. This Element develops a conceptual framework regarding the basic political conditions that enable the state to take effective policy actions. This framework highlights the government's challenge to exert proper authority over both its citizenry and itself. It concludes by analyzing the European state development process relative to other world regions. This analysis characterizes the basic historical features that helped make Western Europe different. By taking a long-run approach, it provides a new perspective on the deep-rooted relationship between state capacity and economic development.
Author : Peter T. Leeson
Publisher : Princeton University Press
ISBN 13 : 1400829860
Total Pages : 288 pages
Book Rating : 4.4/5 (8 download)
Download or read book The Invisible Hook written by Peter T. Leeson and published by Princeton University Press. This book was released on 2009-03-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pack your cutlass and blunderbuss--it's time to go a-pirating! The Invisible Hook takes readers inside the wily world of late seventeenth- and early eighteenth-century pirates. With swashbuckling irreverence and devilish wit, Peter Leeson uncovers the hidden economics behind pirates' notorious, entertaining, and sometimes downright shocking behavior. Why did pirates fly flags of Skull & Bones? Why did they create a "pirate code"? Were pirates really ferocious madmen? And what made them so successful? The Invisible Hook uses economics to examine these and other infamous aspects of piracy. Leeson argues that the pirate customs we know and love resulted from pirates responding rationally to prevailing economic conditions in the pursuit of profits. The Invisible Hook looks at legendary pirate captains like Blackbeard, Black Bart Roberts, and Calico Jack Rackam, and shows how pirates' search for plunder led them to pioneer remarkable and forward-thinking practices. Pirates understood the advantages of constitutional democracy--a model they adopted more than fifty years before the United States did so. Pirates also initiated an early system of workers' compensation, regulated drinking and smoking, and in some cases practiced racial tolerance and equality. Leeson contends that pirates exemplified the virtues of vice--their self-seeking interests generated socially desirable effects and their greedy criminality secured social order. Pirates proved that anarchy could be organized. Revealing the democratic and economic forces propelling history's most colorful criminals, The Invisible Hook establishes pirates' trailblazing relevance to the contemporary world.
