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Economic Perspectives on Government (Foundations of Government and Public Administration)
by Keith Dowding Brad R. Taylor“Dowding and Taylor offer student and scholar alike a clear and compelling perspective on the foundations of political economy. Their narrative coherently frames the scholarship of the last half century, and persuasively applies it to the recurring problems facing groups, markets, and whole societies.”—Kenneth A. Shepsle, Harvard University, USAThis book introduces and applies the economic way of thinking to public policy and public administration. It provides a non-technical introduction and assumes no prior economic or mathematical training but looks closely at the methodological and normative assumptions underlying economic analysis. It provides a deep understanding of the method than a simple technical presentation would allow. After introducing the basic assumptions of the economic method, the book considers the analysis of market failure, the role of government in a market economy, behavioural economics, bargaining in government, bureaucracy, interest groups, and levels of government. By providing a balanced introduction to and overview of economic approaches to government, the book will be useful to undergraduate and postgraduate students in public administration and public policy, as well as academics and practitioners in these fields interested in the application of the economic way of thinking.
Economic Planning and Industrial Policy in the Globalizing Economy: Concepts, Experience and Prospects (Public Administration, Governance and Globalization #13)
by Murat YülekThis book discusses national development planning in the context of a globalized world economy. National economic development planning, the process of defining strategic economic objectives for a country and designing policies and institutional frameworks to attain them, was popular in many countries in the 1960s and 1970s. Over time it lost its appeal. More recently, with globalization accelerating and economic competition increasing, it is making a comeback in different countries under different forms. National planning in this new era is different than the earlier quantitative planning approaches. It employs different tools, such as strategic visions and action plans, revived forms of physical infrastructure planning, industrial policy, and cluster policy. Built on the research of international scholars with firsthand knowledge of the countries in question, this volume presents and evaluates current national planning strategies and policy worldwide. It will be of interest to both academicians who study and teach globalization and development as well as policy makers who may use it as a reference as they contemplate their own strategies.
Economic policy in practice
by International Information Centre for Local CreditFluctuations in social prosperity, employment levels and production have long been objects of study. The many works which have been published on this subject give detailed descriptions of the phenomena which accompany these fluctuations, analyse the combinations of cir cumstances which can lead to upsets in the economic development of a country and examine the methods which can be applied to prevent un desirable variations in certain economic quantities. The present study does not pretend either to add to what is known of the nature and occurrence of trade cycles or to contribute to the theories regarding these, but relates solely to economic policy as applied in practice in a number of countries. The basis of the study is formed by the reports on this subject prepared at the request of the International Information Centre for Local Credit for the eighth conference of the Centre held in Amsterdam in 1965. The International Information Centre for Local Credit is an institu tion set up in 1958 with the object of promoting the development of local authority credit by, inter alia, the study of subjects within the purview of the provision of credit to lotal authorities or closely connect ed with it. The membership of the Centre includes financial institut ions specializing in local authority credit from fifteen different countries. The Centre enjoys consultative status B with the Economic and Social Council of the United Nations.
Economic Policy in the Digital Age: How Technology is Challenging the Principles of the Market Economy (Contributions to Economics)
by Jörg J. DötschThis book addresses how digital technology is challenging the principles of the market economy and the consequences for economic policy. Applying the approach of the Freiburg School as a heuristic perspective, the study examines the concrete effects of digital technology on the price system and monetary policy, the openness of markets, the role of private property, and labour markets. It highlights the emergence of digital innovations such as digital currencies, digital goods, artificial intelligence, digital platforms and the sharing economy and discusses the challenges these innovations pose for economic governance and the development of adequate economic policy instruments. This comprehensive overview provides a basic understanding of the scope of the digital transformation and addresses a wide scale of important aspects of e.g. competition and trade policy, the impact of robotisation on labour market policy, and how economic policy must incorporate social aspects. The book appeals to scholars and students of economics, public management professionals, and anyone interested in the challenges of digitalisation in the context of economic policy.
Economic Rationality and Practical Reason (Theory and Decision Library A: #24)
by Julian Nida-RümelinThe theory of practical rationality does not belong to one academic discipline alone. There are quite divergent philosophical, economical, sociological, psychological and politological contributions. Sometimes the disciplinary boundaries impede theoretical progress. On the other hand it is an indication for the high complexity of the subject that so many divergent paradigms compete with one another, or - what is worse - live separately in a kind of splendid isolation. Decision theory in the broader sense, embracing the theory of games and collective choice theory, can help to understand practical reason in philosophical analysis. But there are interesting aspects which cannot be dealt with adequately within a decision-theoretic conceptual framework. To have both of these convictions justifies to neglect dis ciplinary boundaries and poses a problem for the orthodoxies of either sides. All the essays of this volume focus on the relation between economic rationality and practical reason and discuss different aspects of the same problem, i. e. a basic deficiency in the standard economic theory of practical rationality. But philosophical analysis would not be of much help if it just rejected the economic paradigm. It must rather help to integrate economic aspects into a broader view on practical reason.
Economic Reason and Political Reason: Deliberation and the Construction of Public Space in the Society of Communication
by Jean Mercier YthierThe public space of democracies is constructed in a context that is marked by the digital transformation of the economy and society. This construction is carried out primarily through deliberation. Deliberation informs and guides both individual and collective action. To shed light on the concept of deliberation, it is important to consider the rationality of choice; but what type of rationality is this? References to economic reason are at once widespread, crucial and controversial. This book therefore deals with arguments used by individuals based on the notions of preferential choice and rational behavior, and also criticizes them. These arguments are examined in the context of the major themes of public debate that help to construct the contemporary public space: "populism", social insurance, social responsibility and environmental issues. Economic Reason and Political Reason underlines the importance of the pragmatist shift of the 2000s and revisits, through the lens of this new approach, the great utilitarian and Rawlsian normative constructs that dominated normative political economics at the end of the 20th century. Alternative approaches, based on the concept of deliberative democracy, are proposed and discussed.
Economic Reason and Political Reason: Deliberation and the Construction of Public Space in the Society of Communication
by Jean Mercier YthierThe public space of democracies is constructed in a context that is marked by the digital transformation of the economy and society. This construction is carried out primarily through deliberation. Deliberation informs and guides both individual and collective action. To shed light on the concept of deliberation, it is important to consider the rationality of choice; but what type of rationality is this? References to economic reason are at once widespread, crucial and controversial. This book therefore deals with arguments used by individuals based on the notions of preferential choice and rational behavior, and also criticizes them. These arguments are examined in the context of the major themes of public debate that help to construct the contemporary public space: "populism", social insurance, social responsibility and environmental issues. Economic Reason and Political Reason underlines the importance of the pragmatist shift of the 2000s and revisits, through the lens of this new approach, the great utilitarian and Rawlsian normative constructs that dominated normative political economics at the end of the 20th century. Alternative approaches, based on the concept of deliberative democracy, are proposed and discussed.
Economic Reforms in Eastern Europe and Prospects for the 1980s: Colloquium, 16-18 April 1980
by Unknown AuthorEconomic Reforms in Eastern Europe and Prospects for the 1980s focuses on the institution of economic reforms and prospects in Eastern Europe, including manpower availability, scarce and expensive energy and raw materials, deficiency of technological innovation, and inflexibilities in management. The selection first offers information on the economic reforms in Bulgaria, Romanian economic reforms, and the economic reforms in Czechoslovakia. Discussions focus on "the kj problem" and its resolution, evaluation of the Bulgarian model, Romanian economic development, and principles contained in the directives. The text then examines the reform of the system of economic management in Poland; economic reforms and consumers in Eastern Europe; and the prospects for the 1980s of the economic reforms in Bulgaria and Romania. The publication takes a look at the economic prospects for the 1980s of Czechoslovakia and the German Democratic Republic. Topics include factors impending economic growth, overemployment, increases in consumer good prices, welfare of consumers, and decreasing economic growth. The book further elaborates on the economic prospects for the 1980s of Hungary and Poland and the effects of energy development on East European economic prospects. The selection is a vital reference for economists and readers interested in the prospects for the 1980s of the economic reforms in Eastern Europe.
Economic Responsibility: John Maurice Clark - A Classic on Economic Responsibility (Ethical Economy #53)
by Michaela HaaseJohn Maurice Clark’s article “The Changing Basis of Economic Responsibility,“ published in the Journal of Political Economy, is the topical starting point for all scholars interested in economic responsibility and responsible economic action. John Maurice Clark (1884-1963), a leading institutional economist, reflected on the consequences of the social and economic change taking place at the turn of the last century for the responsibility of individuals, businesses, and corporations and called for the development of an economics of responsibility. This book contains in-depth articles by scholars from within and beyond economics who continue on the Clark project or address actual problems calling for economic responsibility in the light of his approach.
An Economic Roadmap to the Dark Side of Sport: Volume I: Sport Manipulations (Palgrave Pivots in Sports Economics)
by Wladimir AndreffThis Palgrave Pivot provides a comprehensive overview of economic aspects to criminal behaviour in sport. It addresses manipulations, dysfunctions, distortions and crimes triggered by economic interests or pure greed in sports, and challenges the governance of this important industry. Topics covered include hazing, sabotage, refereeing bias, technological manipulations, tanking, bad management, financial doping, ticket touting, circumventing the law through sport, discrimination and child labour.The book is divided into three volumes. Volume I covers those economic manipulations that breach sports rules, sporting integrity, violate managerial rules and the law, and infringe human rights in sport. It builds up a typology of sport manipulations which makes sense from an economic standpoint, not only from a sporting or judicial perspective.Volumes II and III (available separately) focus on Corruption and Economic Crime in Sport, respectively.This book will be of interest to students, researchers and journalists in sports science, sports management and sports economics.
An Economic Roadmap to the Dark Side of Sport: Volume II: Corruption in Sport (Palgrave Pivots in Sports Economics)
by Wladimir AndreffThis Palgrave Pivot surveys facts and cases exhibiting and exemplifying corruption in sport. The standard economic theory (economics of crime, game theory) is introduced alongside the economic methods (sanctions, etc.) which are currently derived from it to combat corrupt sport and their limitations. The complexity and multidimensional nature of sports corruption are examined, and a focus is applied to certain types of corruption that are unique to the sports industry. Corruption is revealed to be the outcome of weak and deficient governance structures. The book is divided into three volumes. Volume II presents a variety of corruption facts in different sports, in different countries and continents in order to exhibit how much corrupt sport is globalised. Some changes in governance are suggested that may pave the way to more effective combat against corruption in sports. Volumes I and III (available separately) address Sport Manipulations and Economic Crime in Sport, respectively. This book will be of interest to students, researchers and journalists in sports science, sports management and sports economics.
Economic Sanctions and International Law: Law And Practice (Studies in International Law)
by Paul Eden Matthew HappoldIn recent years sanctions have become an increasingly popular tool of foreign policy, not only at the multilateral level (at the UN), but also regionally (the EU in particular) and unilaterally. The nature of the measures imposed has also changed: from comprehensive sanctions regimes (discredited since Iraq in the 1990s) to 'targeted' or 'smart' sanctions, directed at specific individuals or entities (through asset freezes and travel bans) or prohibiting particular activities (arms embargoes and export bans). Bringing together scholars, government and private practitioners, Economic Sanctions and International Law provides an overview of recent developments and an analysis of the problems that they have engendered. Chapters examine the contemporary practice of the various actors, and the legality (or otherwise) of their activities. Issues considered include the human rights of persons targeted, and the mechanisms established to challenge their listing; as well as, in cases of sanctions imposed by regional organisations and individual states, the rights of third States and their nationals. The book will be of interest to scholars and practitioners of international law and politics.
Economic Sanctions and International Law: Law And Practice (Studies in International Law)
by Matthew Happold Paul EdenIn recent years sanctions have become an increasingly popular tool of foreign policy, not only at the multilateral level (at the UN), but also regionally (the EU in particular) and unilaterally. The nature of the measures imposed has also changed: from comprehensive sanctions regimes (discredited since Iraq in the 1990s) to 'targeted' or 'smart' sanctions, directed at specific individuals or entities (through asset freezes and travel bans) or prohibiting particular activities (arms embargoes and export bans). Bringing together scholars, government and private practitioners, Economic Sanctions and International Law provides an overview of recent developments and an analysis of the problems that they have engendered. Chapters examine the contemporary practice of the various actors, and the legality (or otherwise) of their activities. Issues considered include the human rights of persons targeted, and the mechanisms established to challenge their listing; as well as, in cases of sanctions imposed by regional organisations and individual states, the rights of third States and their nationals. The book will be of interest to scholars and practitioners of international law and politics.
Economic Sanctions in EU Private International Law (Studies in Private International Law)
by Tamás SzabadosEconomic sanctions are instruments of foreign policy. However, they can also affect legal relations between private parties – principally in contract. In such cases, the court or arbitration tribunal seized must decide whether to give effect to the economic sanction in question. Private international law functions as a 'filter', transmitting economic sanctions that originate in public law to the realm of private law. The aim of this book is to examine how private international law rules can influence the enforcement of economic sanctions and their related foreign policy objectives. A coherent EU foreign policy position – in addition to promoting legal certainty and predictability – would presuppose a uniform approach not only concerning the economic sanctions of the EU, but also with regard to the restrictive measures imposed by third countries. However, if we examine in detail the application of economic sanctions by Member States' courts and arbitral tribunals, we find a somewhat different picture. This book argues that this can be explained in part by the divergence of private international law approaches in the Member States.
Economic Sanctions in EU Private International Law (Studies in Private International Law)
by Tamás SzabadosEconomic sanctions are instruments of foreign policy. However, they can also affect legal relations between private parties – principally in contract. In such cases, the court or arbitration tribunal seized must decide whether to give effect to the economic sanction in question. Private international law functions as a 'filter', transmitting economic sanctions that originate in public law to the realm of private law. The aim of this book is to examine how private international law rules can influence the enforcement of economic sanctions and their related foreign policy objectives. A coherent EU foreign policy position – in addition to promoting legal certainty and predictability – would presuppose a uniform approach not only concerning the economic sanctions of the EU, but also with regard to the restrictive measures imposed by third countries. However, if we examine in detail the application of economic sanctions by Member States' courts and arbitral tribunals, we find a somewhat different picture. This book argues that this can be explained in part by the divergence of private international law approaches in the Member States.
Economic Sanctions in International Law and Practice (Routledge Advances in International Relations and Global Politics)
by Masahiko AsadaProviding perspectives from a range of experts, including international lawyers, political scientists, and practitioners, this book assesses current theory and practice of economic sanctions, discussing current legal and political challenges faced by the international community. It examines both the implementation of sanctions by major powers – the United States, the European Union, and Japan – as well as assessing the impact of those sanctions through case studies of Russia, Iran, Syria, and North Korea. Balancing theoretical analysis of legal considerations with national and regional level empirical analysis, it also includes coverage of sanctions issues by the UN Security Council and the EU, as well as the extraterritorial application of sanctions. A valuable reference for academics and practitioners, Economic Sanctions in International Law and Practice will be useful to those working in the fields of international law, diplomacy, and international political economy.
Economic Sanctions in International Law and Practice (Routledge Advances in International Relations and Global Politics)
by Masahiko AsadaProviding perspectives from a range of experts, including international lawyers, political scientists, and practitioners, this book assesses current theory and practice of economic sanctions, discussing current legal and political challenges faced by the international community. It examines both the implementation of sanctions by major powers – the United States, the European Union, and Japan – as well as assessing the impact of those sanctions through case studies of Russia, Iran, Syria, and North Korea. Balancing theoretical analysis of legal considerations with national and regional level empirical analysis, it also includes coverage of sanctions issues by the UN Security Council and the EU, as well as the extraterritorial application of sanctions. A valuable reference for academics and practitioners, Economic Sanctions in International Law and Practice will be useful to those working in the fields of international law, diplomacy, and international political economy.
Economic Sanctions under International Law: Unilateralism, Multilateralism, Legitimacy, and Consequences
by Ali Z. Marossi Marisa R. BassettSince the Second World War, States have increasingly relied upon economic sanctions programs, in lieu of military action, to exert pressure and generally to fill the awkward gap between verbal denunciation and action. Whether or not sanctions are effective remains a point of contention among policymakers. Frequently asked questions include whether any legal order constrains the use of sanctions, and, if so, what the limits on the use of sanctions are. This volume gathers contributions from leading experts in various relevant fields providing a seminal study on the limits of economic sanctions under international law, including accountability mechanisms when sanctioning States go too far. Where there are gaps in the law, the authors provide novel and important contributions as to how existing legal structures can be used to ensure that economic sanctions remain within an accepted legal order.This book is a most valuable contribution to the literature in the fields of international economic law, public international law and international dispute resolution.Ali Z. Marossi is an advisory board member of The Hague Center for Law and Arbitration. Marisa R. Bassett is Associate Legal Officer in the Office of the Prosecutor for the ICTY and former Associate at White & Case LLP.
Economic, Social and Cultural Rights: Progress and Achievement (Southampton Studies in International Policy)
by Ralph Beddard Dilys M. HillThis book explores two main themes. First, the claim that these welfare, education, health and equality can be accorded the status of rights. Second, and relatedly, the issue of whether they are justiciable, that is, can they be the subject of adjudication and enforcement through traditional legal mechanisms? This book provides a timely and wide-ranging exploration of these topical and controversial issues.
Economic, Social, and Cultural Rights in Armed Conflict (Oxford Monographs in International Law)
by Gilles GiaccaThis book addresses the international legal obligation to protect economic, social, and cultural human rights in times of armed conflict and other situations of armed violence. These rights provide guarantees to individuals of their fundamental rights to work, to an adequate standard of living (food, water, housing), to education, and to health. Armed violence can take many forms, from civil unrest or protest and other forms of internal disturbances and tensions to higher levels of violence that may amount to armed conflict, whether of an international or of a non-international character. However, in all such cases the protection of ESC rights is sorely challenged. Situations of actual or potential violence present a number of challenges to the application and implementation of human rights law in general and socio-economic rights obligations more specifically. This book sets out the legal framework, defining what constitutes a minimum universal standard of human rights protection applicable in all circumstances. It assesses the concept and content of ESC rights' obligations, and evaluates how far they can be legally applicable in various scenarios of armed violence. By looking at the specific human rights treaty provisions, it discusses how far ESC rights obligations can be affected by practical and legal challenges to their implementation. The book addresses the key issues facing the protection of such rights in times of armed conflict: the legal conditions to limit ESC rights on security grounds, including the use of force; the extraterritorial applicability of international human rights treaties setting out ESC rights; the relationship between human rights law and international humanitarian law; and the obligations of non-state actors under human rights law and with particular relevance to the protection of ESC rights. The book assesses the nature of these potential challenges to the protection of ESC rights, and offers solutions to reinforce their continued application.
Economic, Social and Cultural Rights in International Law
by Manisuli SsenyonjoSince the first edition (published in 2009), there have been several important treaty developments, including the entry into force of the Optional Protocol to the International Covenant on Economic, Social and Cultural Rights (ICESCR) on individual communications, and significant developments in the case law on economic, social and cultural (ESC) rights. The second edition addresses these developments and explores ESC rights from foundational issues to substantive rights and systems of protection. It has been fully updated to include new material and up-to-date coverage of the case law of human rights bodies and national courts on ESC rights. In addition to the rights to health, education and work covered in the first edition, the second edition analyses new developments, such as the rights to adequate food, water and sanitation, adequate housing, social security and cultural rights. It also considers several contemporary issues including the extraterritorial human rights obligations of states in the area of economic, social and cultural rights; non-state actors; relationship of the ICESCR to other areas of international law; the Optional Protocol to the ICESCR; regional protection of ESC rights; more examples of the domestic protection of ESC rights; the protection of ESC rights of vulnerable groups; contemporary challenges to ESC rights, including poverty, corruption, armed conflicts and terrorism. It concludes by exploring the possible establishment of a World Court of Human Rights.
Economic, Social and Cultural Rights in International Law
by Manisuli SsenyonjoSince the first edition (published in 2009), there have been several important treaty developments, including the entry into force of the Optional Protocol to the International Covenant on Economic, Social and Cultural Rights (ICESCR) on individual communications, and significant developments in the case law on economic, social and cultural (ESC) rights. The second edition addresses these developments and explores ESC rights from foundational issues to substantive rights and systems of protection. It has been fully updated to include new material and up-to-date coverage of the case law of human rights bodies and national courts on ESC rights. In addition to the rights to health, education and work covered in the first edition, the second edition analyses new developments, such as the rights to adequate food, water and sanitation, adequate housing, social security and cultural rights. It also considers several contemporary issues including the extraterritorial human rights obligations of states in the area of economic, social and cultural rights; non-state actors; relationship of the ICESCR to other areas of international law; the Optional Protocol to the ICESCR; regional protection of ESC rights; more examples of the domestic protection of ESC rights; the protection of ESC rights of vulnerable groups; contemporary challenges to ESC rights, including poverty, corruption, armed conflicts and terrorism. It concludes by exploring the possible establishment of a World Court of Human Rights.
An Economic Sociology of Law Reimagined: Beyond Embeddedness
by Clare WilliamsThis book critically examines the concept of “embeddedness”: the core concept of an economic sociology of law (ESL). It suggests that our ways of doing, talking, and thinking about law, economy, and society, reproduce and re-entrench mainstream approaches, shaping our thoughts and actions such that we perform according to the model. Taking a deep dive into one example – the concept of embeddedness – this book combines insights from law, sociology, economics, and psychology to show that while we use metaphor to talk about law and economy, our metaphors in turn use us, moulding us into their fictionalized caricatures of homo juridicus and homo economicus. The result is a groundbreaking study into the prioritization throughout society of interests and voices that align with doctrinal understandings of law and neoclassical understandings of economics: approaches that led us into the dilemmas currently facing society. Zooming out from a detailed exploration of embeddedness in economic sociology and ESL literature, the book unpacks the fashionable post-2008 claim that the economy should be re-embedded in society and proposes two conceptual shifts in response. The book draws on personas and vignettes throughout, both to imagine and to realize shifting an ESL beyond embeddedness. This timely engagement with the emerging field of economic sociology of law will appeal to socio-legal scholars and others with interests in the intersection of law, economics, and sociology.
An Economic Sociology of Law Reimagined: Beyond Embeddedness
by Clare WilliamsThis book critically examines the concept of “embeddedness”: the core concept of an economic sociology of law (ESL). It suggests that our ways of doing, talking, and thinking about law, economy, and society, reproduce and re-entrench mainstream approaches, shaping our thoughts and actions such that we perform according to the model. Taking a deep dive into one example – the concept of embeddedness – this book combines insights from law, sociology, economics, and psychology to show that while we use metaphor to talk about law and economy, our metaphors in turn use us, moulding us into their fictionalized caricatures of homo juridicus and homo economicus. The result is a groundbreaking study into the prioritization throughout society of interests and voices that align with doctrinal understandings of law and neoclassical understandings of economics: approaches that led us into the dilemmas currently facing society. Zooming out from a detailed exploration of embeddedness in economic sociology and ESL literature, the book unpacks the fashionable post-2008 claim that the economy should be re-embedded in society and proposes two conceptual shifts in response. The book draws on personas and vignettes throughout, both to imagine and to realize shifting an ESL beyond embeddedness. This timely engagement with the emerging field of economic sociology of law will appeal to socio-legal scholars and others with interests in the intersection of law, economics, and sociology.
Economic Structure and Performance
by Hollis B. CheneryEconomic Structure and Performance: Essays in Honor of Hollis B. Chenery briefly reviews the work of Hollis Chenery in the field of economics. This book discusses the underlying themes in Chenery's work, including structure, strategy, adjustment, and models.Organized into four parts encompassing 26 chapters, this book begins with an overview of the patterns of structural change and their relation to growth. This text then examines the objectives, measures, and implementation of policy, as well as administrative capabilities and cultural characteristics. Other chapters compare Chenery's econometric analysis of development patterns with the historical analyses and suggest that the two approaches complement each other. This book discusses as well the persistence of disequilibrium in segments of the economy. The final chapter deals with simple criteria for detecting critical interdependencies and a formula for measuring their welfare consequences.This book is a valuable resource for economists, industrialists, foreign capitalists, and social scientists.