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Public Spending and the Role of the State
Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
Explaining Liberalization Commitments in Financial Services Trade
The authors examine the determinants of market access commitments in international financial services trade in the General Agreement on Trade in Services (GATS). Based on a theoretical model, they investigate empirically the role of domestic political economy forces, international bargaining considerations, and the state of complementary policy. The empirical results confirm the relevance of the authors' model in explaining banking and (to a somewhat lesser degree) securities services liberalization commitments. The findings imply that those who seek greater access to developing country markets for financial services must do more to counter protectionism at home in areas of export interest for developing countries.
Public Spending in the 20th Century
After a detailed account of reform experiences in several countries and the public debate regarding government reform, the study closes with an outlook on the future role of the state, a period when globalization may require and people may want "leaner" but not "meaner" states."--Jacket.
Building Prosperity in a Canada Strong and Free
Excessive government taxation and spending limit the economic freedom of individuals and businesses by reducing their incomes and transferring economic decision-making powers into the hands of politicians and bureaucrats.
Building the Financial Foundations of the Euro: Experiences and Challenges
Examines the effect of the introduction of the Euro and the establishment of economic and monetary union on the financial landscape of Europe.
Natural Law, Economics and the Common Good
In the wake of the financial crisis of 2008 and ongoing debt-related troubles there have been widespread calls to put banking and economic activity on a secure ethical foundation, either by regulation or through voluntary reform. In this volume a distinguished set of authors explore various economic, philosophical, and ethical ideas from historical, contemporary, and future-looking perspectives. At the core are two related ideas much mentioned but far more rarely examined: the idea of natural law and that of the common good. In these essays the foundations and meaning of these notions are carefully studied and put to work in examining the nature and scope of ethics in relation to global economics.
Government versus Markets
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.
One World of Welfare
One World of Welfare offers a systematic, comparative examination of Japan's welfare policies and a critical assessment of previous research. Gregory J. Kasza rejects the view that the Japanese welfare system is unique; he challenges the nearly universal belief that the postwar Japanese state neglected welfare to promote rapid economic growth; he rejects the claim that there is a regional welfare model in East Asia; and he uses the Japanese case to question the dominant framework for comparative welfare research. The author explores the relevance of both convergence and divergence theories for understanding the Japanese record and spotlights the importance of international influences on the ...
Brookings Papers on Economic Activity 2001
For almost thirty years, Brookings Papers on Economic Activity (BPEA) has provided academic and business economists, government officials, and members of the financial and business communities with timely research of current economic issues.BPEA 2: 2001Contents include: ¡°Why Doesn¡¯t the United States Have a European-Style Welfare State?¡±Alberto Alesina and Edward Glaeser (Harvard University) and Bruce Sacerdote (Dartmouth College)¡°From Reunification to Economic Integration: Productivity and the Labor Market in Eastern Germany¡±Michael C. Burda (Humboldt University, Berlin) and Jennifer Hunt (University of Montreal)¡°The Great Recession: Lessons for Macroeconomic Policy from Japan¡± Kenneth N. Kuttner (Federal Reserve Bank of New York) and Adam S. Posen (Institute for International Economics)¡°The Consumption Risk of the Stock Market¡±Jonathan A. Parker (Princeton University)
The Currency of Solidarity
Analyses the European Union's constitutional transformation during the euro crisis, especially the interaction between politics and the ECJ in its materialization.
