Book Description
The role of government in East Asian economic development has been a contentious issue. Two competing views have shaped enquiries into the source of the rapid growth of the high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of market and government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention. This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premiss that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, it recognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other market imperfections. In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economiesincluding Japan, Korea, Hong Kong, Malaysia, and China and its path-dependent and developmental stage nature.
Customer Reviews:
Good Approach to explore the true reason of development.......2000-05-12
Usually, scholars like to treat the strong role of governmentas the major reason of the high-speed development of East AsianCountries and regions. The failure of them is that they never pay attention to the institutional foundations of the speedy development in East Asia. This book provides an alternative way to discuss the true reason of speed development in East Asia and offers some impressive arguments. To me, the most interesting points of this book are that East Asia has special social capital and institutional foundations for proper development and the strong role of government might not be the major reason. I suggest that the students of public sector economics, public administration and political science at least in China and other east Asia countries might have look at it and I believe this book is really one with much creative ideas. It is also helpful for government officials who prefer proper institutional foundation construction for sustainable development in developing world.
Book Description
The transition from socialism to capitalism in former socialist economies is one of the main economic events of the twentieth century. Not only does it affect the lives of approximately 1.65 billion people, but it is contributing to a shift in emphasis in economics from standard price and monetary theory to contracting and its institutional environment. Economic research in transition shows not only that institutions matter but also how their evolution toward higher efficiency depends on initial conditions and on sustained political support.
Unlike early policy literature on transition economics, which focused on the so-called Washington consensus, this book provides an overview of current research, analyzing issues raised by transition for which economic theorists and policy makers had no ready answers. It shows how research on transition contributes to our understanding of capitalism as an economic system and of the dynamics of large-scale institutional change.
The book is divided into three parts. The first part looks at how large-scale reforms are decided dynamically through the political process. The second part looks at the general equilibrium and macroeconomic effects of liberalization in economies without preexisting markets. The third part looks at the economic behavior of firms in the transition from state to private ownership and compares the effects of privatization, restructuring, and financial reform. Although focused on transition economics, the discussions are relevant to topics in political economics, development, public economics, corporate finance, and micro- and macroeconomics.
Customer Reviews:
Transition as It Is.......2000-11-07
I would recommend this book for everybody who wants to know what and why the great new Transition Revolution has happened in USSR and East Europe.I use this book for teaching in the Moscow State University as the main textbook ,and students like it for its explanations of a lot complicated problems of Transition economical systems and policy making.
Product Description
Analysis of the distributional impact of policy reforms plays an important role in the elaboration and implementation of poverty reduction strategies in developing and transitional countries, promoting evidence-based policy choices and fostering debate on policy reform options. International agencies and national partners are increasingly encouraging a more systematic application of policy reform analysis. Requisite to a systematic application is capacity building within countries as well as within donor agencies. Tools for Institutional, Political, and Social Analysis of Policy Reform: A Sourcebook for Development Practitioners contributes to this agenda by introducing a framework and a set of practical tools that analyze the institutional, political, and social dimensions of policy design and implementation. The authors fill a perceived gap in knowledge of the application of social tools and complement existing guidance on conventional economic analysis of distributional impacts of reform. This book will be of interest to commissioners and practitioners working in policy analysis in a range of areas-including macroeconomic, sectoral, and public sector policy-that are subject to ongoing policy reform discussions.
Book Description
In Market Institutions in Sub-Saharan Africa, Marcel Fafchamps synthesizes the results of recent surveys of indigenous market institutions in twelve countries, including Benin, Ghana, Kenya, Madagascar, Malawi, and Zimbabwe, and presents findings about economics exchange in Africa that have implications both for future research and current policy. Employing empirical data as well as theoretical models that clarify the data, Fafchamps takes as his unifying principle the difficulties of contract enforcement. Arguing that in an unpredictable world contracts are not always likely to be respected, he shows that contract agreements in sub-Saharan Africa are affected by the absence of large hierarchies (both corporate and governmental) and as a result must depend to a greater degree than in more developed economies on social networks and personal trust. Fafchamps considers policy recommendations as they apply to countries in three different stages of development: countries with undeveloped market institutions, like Ghana; countries at an intermediate stage, like Kenya; and countries with developed market institutions, like Zimbabwe.
Market Institutions in Sub-Saharan Africa caps ten years of personal research by the author. Fafchamps, in collaboration with such institutions as the Africa Division of the World Bank and the International Food Policy Research Institute, participated in the surveys of manufacturing firms and agricultural traders that provide the empirical basis for the book. The result is a work that makes a significant contribution to research on the continuing economic stagnation of many countries in sub-Saharan Africa and is also largely accessible to researchers in other fields and policy professionals.
Book Description
The last quarter century has been marked by the ascension of neoliberalism--market deregulation, state decentralization, and reduced political intervention in national economies. Not coincidentally, this period of dramatic institutional change has also seen the emergence of several schools of institutional analysis. Though these schools cut across disciplines, they have remained isolated from and critical of each other. This volume brings together four--rational choice, organizational, historical, and discursive institutionalism--to examine the rise of neoliberalism. In doing so, it makes tremendous methodological strides while substantively enlarging our knowledge about neoliberalism.
The book comprises original empirical studies by top scholars from each school of analysis. They examine neoliberalism's rise on three continents and explore changes in macroeconomic policy, labor markets, taxation, banking, and health care. Neoliberalism appears as much more complex, diverse, and contested than is often appreciated. The authors find that there is no convergence toward a common set of neoliberal institutions; that neoliberalism does not incapacitate states; and that neoliberal reform does not necessarily yield greater efficiency than other institutional arrangements. Beyond these important empirical contributions, this book is a methodological milestone in that it compares different schools of institutionalist analysis by seeing how they tackle a common problem. It reveals a second movement within institutionalism--one toward rapprochement and cross-fertilization among paradigms--and explains how this might be furthered with benefits throughout the social sciences.
In addition to the editors, the contributors are Sarah L. Babb, Ellen M. Bradburn, Bruce G. Carruthers, Terence C. Halliday, Colin Hay, Edgar Kiser, Peter Kjaer, Jack Knight, Aaron Matthew Laing, David Strang, and Bruce Western.
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Trust in Food: A Comparative and Institutional Analysis
Unni Kjaernes ,
Mark Harvey , and
Alan Warde
Manufacturer: Palgrave Macmillan
ProductGroup: Book
Binding: Hardcover
 General
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ASIN: 1403998914
Release Date: 2007-03-20 |
Book Description
Scandals in food, growth of supermarket power, new technologies and crises in obesity have shaken popular trust in food across Europe. The BSE epidemic, concern over GM foods, dioxin scares and avian flu have placed consumer trust and how to restore it at the top of government agendas. Uncovering surprising differences between countries, Trust in Food examines these issues to challenge the idea of the consumer as a sovereign individual and to demonstrate how consumption is institutionalized within societies.
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Public Management: Institutional Renewal for the Twenty-First Century (Research in Public Policy Analysis and Management)
Manufacturer: JAI Press
ProductGroup: Book
Binding: Hardcover
General
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Management
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Social Services & Welfare
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ASIN: 0762305274 |
Book Description
The economic order is currently undergoing a transformation stimulated by the Information Revolution, which will ultimately effect changes of great magnitude in the state and its institutions. This volume is designed to meet four objectives: to define public management as a disciplinary field in a new way, thereby promoting a better understanding of the field and of how it differs from business management; to explain recent trends in public management; to clarify some basic ideas for improving public service; and to show how public organizations can be renewed to make them more responsive and productive.
The first chapter defines public management and addresses a second question: what should public management researchers study? Other chapters describe steps in the process of institutional renewal, including restructuring, work process engineering, reinvention, realignment, and rethinking. Chapter 8 concentrates on a key aspect of institutional renewal: improving the utilization of information. This chapter completes the body of analysis and advice offered to public officials and managers as the challenges of the twenty-first century are addressed.
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Basic Education in Rural Pakistan: A Comparative Institutional Analysis of Government, Private and NGO Schools
Shahrukh Rafi Khan
Manufacturer: Oxford University Press, USA
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Binding: Hardcover
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ASIN: 0195470028 |
Book Description
This book suggests ways to make Pakistan's public sector rural primary schooling more effective. The broader objective is a comparative institutional analysis of government, private and NGO schools. The study identifies processes pushing for improvements in the NGO and private sectors and
those resulting in obvious failure in the government sectors. The focus is on operational lessons derived from NGO and private sector delivery to make public sector delivery more effective.
Book Description
This digital document is an article from American Journal of Agricultural Economics, published by American Agricultural Economics Association on December 1, 2003. The length of the article is 4476 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Canadian agriculture and the development of a carbon trading and offset system.(Principal Paper Sessions)
Author: Paul J. Thomassin
Publication:
American Journal of Agricultural Economics (Refereed)
Date: December 1, 2003
Publisher: American Agricultural Economics Association
Volume: 85
Issue: 5
Page: 1171(7)
Distributed by Thomson Gale
Book Description
This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on December 1, 1995. The length of the article is 6260 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The development of the culture-of-poverty thesis is described which has influenced institutional economists in accounting for the low economic status of African Americans. Gunnar Myrdal's study entitled 'An American Dilemma' rejects the idea that genetic inferiority was the cause for the inferior status of African Americans, but instead, cited cultural factors which have led to racial inequality.
Citation Details
Title: The culture-of-poverty thesis and African Americans: the work of Gunnar Myrdal and other institutionalists.
Author: Robert Cherry
Publication:
Journal of Economic Issues (Refereed)
Date: December 1, 1995
Publisher: Association for Evolutionary Economics
Volume: v29
Issue: n4
Page: p1119(14)
Distributed by Thomson Gale
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The Role of Banks in Monitoring Firms: The Case of the Credit Mobilier (Routledge Exploration in Economic History, 14)
Elisabet Paulet
Manufacturer: Routledge
ProductGroup: Book
Binding: Hardcover
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ASIN: 041519539X |
Book Description
Addressing issues in the current literature on corporate finance and using historical evidence, this book considers the role of universal banks in relaxing the credit constraints of firms, supervising managers, and stablizing share prices.
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