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Principled Agents

Principled Agents Author Timothy Besley
ISBN-10 9780199271504
Release 2006-06-15
Pages 266
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What is good government? Why do some governments fail? How do you implement political accountability in practice? What incentives do you need to put in place to ensure that politicians and public servants act in the public interest and not their own? These questions and many more are addressed in Timothy Besley's intriguing Lindahl lectures. Economic analyses of government usually divide into two broad camps. One which emphasizes government as a force for public good that can regulate markets, distribute resources and generally work towards improving the lives of its citizens. The other sees government as driven by private interests, susceptible to those with the power to influence its decisions and failing to incentivize its officials to act for the greater public good. This book adopts a middle way between the two extremes, the Publius approach, which recognizes the potential for government to act for the public good but also accepts the fact that things often go wrong. It shares the view that there are certain institutional preconditions for effective government but then proceed to examine exactly what those preconditions are. Timothy Besley emphasises that it is not just about designing an appropriate institutional framework but also about understanding the way incentives work and the process by which the political class is selected.

Pillars of Prosperity

Pillars of Prosperity Author Timothy Besley
ISBN-10 9780691152684
Release 2011-08-28
Pages 375
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"Little else is required to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy taxes, and a tolerable administration of justice; all the rest being brought about by the natural course of things." So wrote Adam Smith a quarter of a millennium ago. Using the tools of modern political economics and combining economic theory with a bird's-eye view of the data, this book reinterprets Smith's pillars of prosperity to explain the existence of development clusters--places that tend to combine effective state institutions, the absence of political violence, and high per-capita incomes. To achieve peace, the authors stress the avoidance of repressive government and civil conflict. Easy taxes, they argue, refers not to low taxes, but a tax system with widespread compliance that collects taxes at a reasonable cost from a broad base, like income. And a tolerable administration of justice is about legal infrastructure that can support the enforcement of contracts and property rights in line with the rule of law. The authors show that countries tend to enjoy all three pillars of prosperity when they have evolved cohesive political institutions that promote common interests, guaranteeing the provision of public goods. In line with much historical research, international conflict has also been an important force behind effective states by fostering common interests. The absence of common interests and/or cohesive political institutions can explain the existence of very different development clusters in fragile states that are plagued by poverty, violence, and weak state capacity.

Handbook of Multilevel Finance

Handbook of Multilevel Finance Author Ehtisham Ahmad
ISBN-10 9780857932297
Release 2015-02-27
Pages 672
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This Handbook explores and explains new developments in the _second generation‘ theory of public finance, in which benevolent rulers and governments have been replaced by personally motivated politicians and the associated institutions. Following a com

Drivers of Corruption

Drivers of Corruption Author Tina Søreide
ISBN-10 9781464804021
Release 2014-10-15
Pages 92
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This report provides an overview of arguments explaining the risk of corruption. Corrupt acts are subject to decision making authority and assets available for grabbing. These assets can be stolen, created by artificial shortage, or become available as the result of a market failure. Assets that are especially exposed to corruption include profits from the private sector, revenues from the export of natural resources, aid and loans, and the proceeds of crime. Whether or not opportunities for corruption are exploited depends on the individuals involved, the institution or society they are part of, and the law enforcement circumstances. Corruption usually persists in situations in which players are aware of the facts but nonetheless condone the practice. Absence of reaction can result from information asymmetries (in which the people who are supposed to act are not aware of the need to act), coordination failure, patronage-determined loyalty, and incentive problems at the political level. This review of results and insights from different parts of the scholarly literature on corruption focuses on areas where research can guide anticorruption policy. The report also describes a number of corruption-related challenges in need of more attention from researchers.

Corruption Grabbing and Development

Corruption  Grabbing and Development Author Tina Søreide
ISBN-10 9781782544418
Release 2013-12-27
Pages 232
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The book's sixteen case studies explore why certain practices constitute forms of grabbing, what implications they have for the achievement of development goals, and how policy options should take the characteristics of grabbing into account.

Corruption and Criminal Justice

Corruption and Criminal Justice Author Tina Søreide
ISBN-10 9781784715984
Release 2016-02-26
Pages 288
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Criminal law efficiency is a concept often referred to but seldom defined. Clarity, the author argues, is necessary for finding practical solutions to fundamental challenges in this area of law, especially with the criminal justice system itself at risk. Tina Søreide offers views in contrast to mainstream ideas on optimal criminal law responses to corruption, with emphasis on the fundamental role of the criminal justice system in the fight against corruption, and the effect this can have on other mechanisms in society. Her analysis explains the concept of criminal law efficiency through economic approaches and why many criminal law responses to corruption are at risk of becoming ‘façade strategies’ that may, in fact facilitate corruption. Corruption and Criminal Justice offers insights into the obstacles that policymakers and government advisors cannot ignore. It serves as an invaluable resource for advanced students and academics interested in law, economics, and large corporations.

Emerging Issues in Competition Collusion and Regulation of Network Industries

Emerging Issues in Competition  Collusion  and Regulation of Network Industries Author Antonio Estache
ISBN-10 9781907142352
Release 2011
Pages 212
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This book presents a comprehensive review of the vast economic literature covering the governance issues of network industries and suggests paths to improve their efficiences.

Proceedings of the British Academy Volume 131 2004 Lectures

Proceedings of the British Academy  Volume 131  2004 Lectures Author
ISBN-10 0197263518
Release 2005-12-22
Pages 487
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The topical issues debated in this volume include the patenting of AIDS drugs, the future pensions crisis, Britain's universities, and Pan-Islam.There are studies of Shakespeare, Pope, Montaigne, Robert Graves, and William Faulkner. And there are lectures on the Inquisition, empires in history, and the journey towards spiritual fulfilment.

Environmental Economics and Sustainability

Environmental Economics and Sustainability Author Brian Chi-ang Lin
ISBN-10 9781119328087
Release 2017-02-16
Pages 328
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Environmental Economics and Sustainability presents a collection of peer-reviewed research articles contributed by international experts that reveal the current state of our knowledge in the field of environmental economics. Presents the latest research results on a plethora of issues relating to environmental economics and sustainability Features original contributions from top experts in the field from around the world Addresses several of the contemporary challenges of sustainability while infusing new energy into the field of environmental economics Covers myriad topics relating to environmental economics and sustainability including climate change, air pollution, CO2 emissions, recycling, and the international environmental agreement

The Making of Economic Policy

The Making of Economic Policy Author Avinash K. Dixit
ISBN-10 0262540983
Release 1998
Pages 192
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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

Workbook to Accompany Political Economics Explaining Economic Policy by Torsten Persson and Guido Tabellini

Workbook to Accompany Political Economics   Explaining Economic Policy by Torsten Persson and Guido Tabellini Author Isabelle Brocas
ISBN-10 0262522918
Release 2000
Pages 238
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A workbook designed to accompany the theory developed in "Political Economics" of a common mode of analysis, combining theories of macroeconomic policy, public choice and rational choice in political science, to use in the field of political economics.

Political Economy in Macroeconomics

Political Economy in Macroeconomics Author Allan Drazen
ISBN-10 9780691092577
Release 2000
Pages 775
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Allan Drazen focuses on the implications of political and economic outcomes rather than polictical and public choice per se limiting his coverage to macroeconomics.

The Public Economics of the Environment

The Public Economics of the Environment Author Agnar Sandmo
ISBN-10 9780198297987
Release 2000-04-06
Pages 163
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Environmental policy is high on the political agenda in many countries. This book identifies the failures of the market mechanism in the face of environmental problems and shows how economic policy should be designed to overcome them. Special attention is paid to the possible benefits from a green tax reform.

Essays on the Political Economy of Corruption and Environmental Regulation in Brazil

Essays on the Political Economy of Corruption and Environmental Regulation in Brazil Author Claudio Ferraz do Amaral
ISBN-10 UCAL:C3507739
Release 2006
Pages 288
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The asymmetry of information between voters and policymakers is a central feature of the political process. Voters do not observe politicians' actions and their interests are not always aligned with politicians objectives. Hence, elections play an important role by making politicians accountable for poor performance. However, political accountability might also induce distortions if policymakers adopt excessively popular policies near election periods. This thesis examines the relationship between political incentives, corruption, and the implementation of regulatory policies using a framework from political agency models and unique datasets on municipal corruption and environmental regulation from Brazil.

Losing Control

Losing Control Author Stephen D. King
ISBN-10 NWU:35556040525206
Release 2010
Pages 279
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Argues that the future will bring major redistribution of wealth and power around the world, which will result in social and political consequences in the United States and Europe, when the population that is accustomed to living in prosperity must stop living beyond their means.


Lectures Author
ISBN-10 IND:30000116097399
Release 2005
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Lectures has been writing in one form or another for most of life. You can find so many inspiration from Lectures also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Lectures book for free.

Government s Greatest Achievements

Government s Greatest Achievements Author Paul Charles Light
ISBN-10 0815706049
Release 2002
Pages 241
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In Governments Greatest Achievements, Paul C. Light explores the federal governments most successful accomplishments over the previous five decades and anticipates the most significant challenges of the next half century.