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"Systemic Risk, Crises, and Macroprudential Regulation"

Xavier Freixas, José-Luis Peydró, and Luc Laeven

Published in print:
2015
Published Online:
September 2016
ISBN:
9780262028691
eISBN:
9780262328609
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028691.001.0001
Subject:
Economics and Finance, Public and Welfare

Macroprudential regulation is the latest buzzword in economics but it means different things to different people. This book offers a framework to operationalize macroprudential policy. It defines ... More


Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Leo F. Goodstadt

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
book
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.001.0001
Subject:
Economics and Finance, Public and Welfare

Hong Kong is among the richest cities in the world. Yet over the past 15 years, living conditions for the average family have deteriorated despite a robust economy, ample budget surpluses and record ... More


Historical Perspectives on Public Accountability

Albert N. Link and John T. Scott

in Public Goods, Public Gains: Calculating the Social Benefits of Public R&D

Published in print:
2010
Published Online:
May 2011
ISBN:
9780199729685
eISBN:
9780199894697
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199729685.003.0003
Subject:
Economics and Finance, Public and Welfare

Program evaluation is motivated in this chapter on the basis of the historical origins of public accountability. Details of legislation within the past two decades are overviewed with an emphasis on ... More


Economics in Practice: What Do Economists Do?

George F. DeMartino

in The Economist’s Oath: On the Need for and Content of Professional Economic Ethics

Published in print:
2011
Published Online:
September 2011
ISBN:
9780199730568
eISBN:
9780199896776
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199730568.003.0002
Subject:
Economics and Finance, Public and Welfare

Where do economists work, and what do they do? The absence of licensing or certification of economists implies that there is no full mapping of the profession. This chapter begins to provide that ... More


Crisis Economics: Private Profits, Public Pain

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0002
Subject:
Economics and Finance, Public and Welfare

Hong Kong’s economic problems since 2000 are the official excuse for cuts in social spending. But the problems themselves are the outcome of deliberate choices made by Chief Executives and Financial ... More


The Business of Government: Less Politics, No Welfare

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0003
Subject:
Economics and Finance, Public and Welfare

When a political system is as dominated by business interests as it is in Hong Kong and where social expenditure is not permitted to hinder the pursuit of profits, the credibility of both the policy ... More


Housing: Unending Crisis

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0004
Subject:
Economics and Finance, Public and Welfare

Housing is the single biggest factor in determining a family’s quality of life and is for most people their single biggest investment. Hong Kong housing standards have long been disgraceful. The SAR ... More


Social Reforms: Too Little, Too Late

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0005
Subject:
Economics and Finance, Public and Welfare

Efforts to increase social expenditure by professionals in the health and welfare sectors were beleaguered by the financial and bureaucratic barriers erected by the colonial administration. The more ... More


Social Reforms: The New Poverty

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0006
Subject:
Economics and Finance, Public and Welfare

The chapter reviews a catalogue of policy decisions which aggravated rather than relieved the physical and mental distress of those least able to care for themselves. In both the health and the ... More


The Undeserving Poor

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0007
Subject:
Economics and Finance, Public and Welfare

Comprehensive Social Security Assistance (CSSA) is widely mistrusted by the community as a whole. Most of the opposition to social security is based on myths - that CSSA encourages workers to give up ... More


An Absence of Advocates: How the ‘Welfare’ Lobby Lost Its Voice

Leo F. Goodstadt

in Poverty in the Midst of Affluence: How Hong Kong Mismanaged Its Prosperity

Published in print:
2013
Published Online:
May 2014
ISBN:
9789888208210
eISBN:
9789888268436
Item type:
chapter
Publisher:
Hong Kong University Press
DOI:
10.5790/hongkong/9789888208210.003.0008
Subject:
Economics and Finance, Public and Welfare

This chapter shows how the community came to give overriding priority to the preservation of Hong Kong’s unique combination of personal freedom, social stability and open and honest government, In ... More


Policies for Government Controls in Pakistan

Khadija Haq (ed.)

in Economic Growth with Social Justice: Collected Writings of Mahbub ul Haq

Published in print:
2017
Published Online:
January 2018
ISBN:
9780199474684
eISBN:
9780199089833
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780199474684.003.0004
Subject:
Economics and Finance, Public and Welfare, Development, Growth, and Environmental

The chapter contends that even though a considerable measure of government controls may be inevitable for national planning in an underdeveloped economy (Pakistan in the 1960s in this context), most ... More


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