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Introducing the Key Questions

Joseph E. Stiglitz, José Antonio Ocampo, Shari Spiegel, Ricardo Ffrench-Davis, and Deepak Nayyar

in Stability with Growth: Macroeconomics, Liberalization and Development

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199288144
eISBN:
9780191603884
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199288143.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter introduces the book and lays out the key questions of macroeconomic policy. Economists differ greatly in their views and policy prescriptions. All economic policies, though, have ... More


Policy Frameworks

Joseph E. Stiglitz, José Antonio Ocampo, Shari Spiegel, Ricardo Ffrench-Davis, and Deepak Nayyar

in Stability with Growth: Macroeconomics, Liberalization and Development

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199288144
eISBN:
9780191603884
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199288143.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter discusses three issues — accounting frameworks, risk and uncertainty, and the political economy — that have been largely overlooked by the mainstream ‘conservative’ and ‘Keynesian’ ... More


Environmental Policy Instruments and Institutions in Developing Countries

López Ramón and Michael A. Toman

in Economic Development and Environmental Sustainability: New Policy Options

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199298006
eISBN:
9780191603877
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199298009.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

The failure of public good provision in developing countries implies that many environmental and natural resource allocation problems that have been solved in developed countries, such as water ... More


Stabilization, Liberalization, and Growth

Joseph E. Stiglitz, José Antonio Ocampo, Shari Spiegel, Ricardo Ffrench-Davis, and Deepak Nayyar

in Stability with Growth: Macroeconomics, Liberalization and Development

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199288144
eISBN:
9780191603884
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199288143.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter concludes the book by reviewing some of the key links between stabilization, liberalization, and growth. The first section reviews why instability is bad for the growth of the economy. ... More


A Theory of the Decreasing Term Structure of Discount Rates

Christian Gollier

in Pricing the Planet's Future: The Economics of Discounting in an Uncertain World

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691148762
eISBN:
9781400845408
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691148762.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter aims to provide a unified theoretical foundation to the term structure of discount rates. To do this the chapter develops a benchmark model based on two assumptions: individual ... More


Evaluation of Risky Projects

Christian Gollier

in Pricing the Planet's Future: The Economics of Discounting in an Uncertain World

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691148762
eISBN:
9781400845408
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691148762.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter provides a short overview of the main concepts, ideas, and tools that have been produced by more than fifty years of research in the evaluation of risky projects and risky assets. It is ... More


Insurance Against Poverty

Stefan Dercon (ed.)

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199276837
eISBN:
9780191601620
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199276838.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This book presents research on the relationship between risk and poverty in developing countries. It explores risks and shocks affecting the poor, the risk-coping mechanisms they use, the measurement ... More


Location Decisions of Firms and Social Interactions

Yannis M. Ioannides

in From Neighborhoods to Nations: The Economics of Social Interactions

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691126852
eISBN:
9781400845385
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691126852.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines the impact of social interactions on firms' location decisions, focusing on the effects of proximity to other firms, the size of the total urban economy, the availability of a ... More


Uncertainty, Insurance, and Social Norms

Partha Dasgupta

in An Inquiry into Well-Being and Destitution

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198288350
eISBN:
9780191596094
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198288352.003.0010
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter introduces the factor of environmental uncertainty into the consideration of resource allocation mechanisms. It has seven sections: (1) environmental uncertainty; (2) choice under ... More


Agricultural Institutions for Insurance and Stabilization

David M. Newbery

in The Economic Theory of Agrarian Institutions

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198287629
eISBN:
9780191595912
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198287623.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental

Gives an overview of the institutional implications of the economic theory of risk and associated market failures.


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