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Three Perspectives on Policy

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:
10.1093/0199288143.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

Despite progress in economic science, important disagreements remain about the conduct of macroeconomic policy. This chapter identifies three broad policy positions (‘conservative’ or ‘neoclassical’, ... More


 Sources and Policies for Investment

Young‐Iob Chung

in Korea under Siege, 1876-1945: Capital Formation and Economic Transformation

Published in print:
2006
Published Online:
September 2006
ISBN:
9780195178302
eISBN:
9780199783557
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195178300.003.0006
Subject:
Economics and Finance, South and East Asia

This chapter investigates how the colonial government promoted capital formation through fiscal and financial policies, by providing financial incentives and creating a favorable economic environment ... More


Empire and Technology; Information Technology Policy in Postwar Britain and France

Richard Coopey

in Information Technology Policy: An International History

Published in print:
2004
Published Online:
September 2007
ISBN:
9780199241057
eISBN:
9780191714290
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199241057.003.0006
Subject:
Business and Management, Information Technology

This chapter explores the decline of the IT sectors in Britain and France, showing how the foundations and structure of the industry there experienced long-term inertia and contained fault-lines ... More


A Macro Setting for Micro Politics

Jan W. Van Deth

in The Impact of Values

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198294757
eISBN:
9780191599040
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198294751.003.0003
Subject:
Political Science, Comparative Politics

The main element of a macro setting for micro politics in advanced industrial societies is the effect of increasing economic development on increasing levels of government activity. The chapter ... More


A Formal Approach: Capital Market Failures

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:
10.1093/0199288143.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

Underlying the failure of CML was an overly simple model that assumed efficient and complete markets. There are, however, problems with externalities and weak or absent insurance markets, especially ... More


Governments and the Macro‐Organization of Economic Activity: A Historical and Spatial Perspective

John H. Dunning

in Governments, Globalization, and International Business

Published in print:
1999
Published Online:
November 2003
ISBN:
9780198296058
eISBN:
9780191596209
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198296053.003.0002
Subject:
Economics and Finance, International

This chapter has two main tasks. The first is to trace the lineage of academic writings since the time of Adam Smith on the respective roles of markets, hierarchies, inter‐firm alliances, and ... More


Legal Intervention, the Regulatory Mix, and the Impact of Law

W.A. Bogart

in Permit But Discourage: Regulating Excessive Consumption

Published in print:
2010
Published Online:
January 2011
ISBN:
9780195379877
eISBN:
9780199869060
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195379877.003.0002
Subject:
Law, Legal Profession and Ethics

When governments decide to address a myriad of issues with some kind of a legal response, there is a wide range of options that are available. But how do they determine which ones to use? How do they ... More


Fat Economics: Nutrition, Health, and Economic Policy

Mario Mazzocchi, W. Bruce Traill, and Jason F. Shogren

Published in print:
2009
Published Online:
October 2011
ISBN:
9780199213856
eISBN:
9780191695902
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199213856.001.0001
Subject:
Economics and Finance, Public and Welfare

The obesity epidemic and the growing debate about what, if any, public health policy should be adopted is the subject of endless debates within the media and in governments around the world. Whilst ... More


The anatomy of government failure

Timothy Besley

in Principled Agents?: The Political Economy of Good Government

Published in print:
2007
Published Online:
October 2011
ISBN:
9780199283910
eISBN:
9780191700279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199283910.003.0002
Subject:
Economics and Finance, Public and Welfare

This chapter focuses on government failure. Most economists now agree that the idea of government failure needs to be placed alongside the idea of market failure in discussions of government ... More


Industrial Policy in the Middle East and North Africa: Rethinking the Role of the State

Ahmed Galal (ed.)

Published in print:
2008
Published Online:
September 2011
ISBN:
9789774160509
eISBN:
9781617970290
Item type:
book
Publisher:
American University in Cairo Press
DOI:
10.5743/cairo/9789774160509.001.0001
Subject:
Political Science, International Relations and Politics

Most governments in the Middle East and North Africa (MENA) region use trade policy to protect certain industries, provide tax incentives to promote a particular type of investment, and make ... More


Defining Positive Rights

Emily Zackin

in Looking for Rights in All the Wrong Places: Why State Constitutions Contain America's Positive Rights

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691155777
eISBN:
9781400846276
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155777.003.0003
Subject:
Political Science, Public Policy

This chapter provides a definition of rights and describes the distinction between the categories of positive and negative rights. It first examines the rights movements' campaigns to add education, ... More


Public Policy and Basic Needs Provision: Intervention and Achievement in Sri Lank *

Sudhir Anand and S. M. Ravi Kanbur

in The Political Economy of Hunger: Volume 3: Endemic Hunger

Published in print:
1991
Published Online:
January 2008
ISBN:
9780198286370
eISBN:
9780191718441
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198286370.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

A substantial part of Sri Lanka's achievements in certain areas of basic needs provision such as health and education standards, has been due to the country's intrinsic and directed public policies. ... More


Evidence on the Efficacy of Industrial Policy During the High-Growth Period

JAMES E. VESTAL

in Planning for Change: Industrial Policy and Japanese Economic Development, 1945–1990

Published in print:
1995
Published Online:
October 2011
ISBN:
9780198290278
eISBN:
9780191684814
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198290278.003.0004
Subject:
Business and Management, International Business, Political Economy

This chapter correlates policy measures with the economic criteria which must have been fulfilled in order for industrial policy to have positively affected Japan's economic recovery and growth. If ... More


The Tyranny of Utility: Behavioral Social Science and the Rise of Paternalism

Gilles Saint-Paul

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691128177
eISBN:
9781400838899
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691128177.001.0001
Subject:
Economics and Finance, History of Economic Thought

The general assumption that social policy should be utilitarian—that society should be organized to yield the greatest level of welfare—leads inexorably to increased government interventions. ... More


Organizations, Technology, and Less Developed Countries: East Asia and Latin America

Marcela Miozzo and Vivien Walsh

in International Competitiveness and Technological Change

Published in print:
2006
Published Online:
May 2007
ISBN:
9780199259236
eISBN:
9780191717901
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199259236.003.0005
Subject:
Economics and Finance, Economic Systems

This chapter examines how East Asian countries became industrialized, and explores the contrast between industrialization in East Asia and Latin America since the 1970s. The chapter is organized as ... More


Bankers and Bolsheviks

Hassan Malik

Published in print:
2018
Published Online:
May 2019
ISBN:
9780691170169
eISBN:
9780691185002
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691170169.001.0001
Subject:
Economics and Finance, Economic History

Following an unprecedented economic boom fed by foreign investment, the Russian Revolution triggered the worst sovereign default in history. This book tells the dramatic story of this boom and bust, ... More


From Recovery to Sustained Growth

Grzegorz W. Kolodko

in From Shock to Therapy: The Political Economy of Postsocialist Transformation

Published in print:
2000
Published Online:
October 2011
ISBN:
9780198297437
eISBN:
9780191685354
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198297437.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental

Policies referring to the transition from government intervention to a free market system and from stabilisation to sustained growth can never come into being without the help of adequate state ... More


Korea’s Management of Capital Flows in the 1990s

Won-Am Park

in Short-Term Capital Flows and Economic Crises

Published in print:
2001
Published Online:
October 2011
ISBN:
9780198296867
eISBN:
9780191685286
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198296867.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental, Macro- and Monetary Economics

Although Korea is believed to have attained economic growth through utilizing the export-oriented growth strategy, examining the country’s development processes reveal that such strategies are not ... More


China and International Business

John Child

in Oxford Handbook of International Business

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199241828
eISBN:
9780191596834
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241821.003.0024
Subject:
Economics and Finance, International

The first part of this chapter discusses China's growing role in international business and the inward and outward investment problems attending this. China's institutional context is then addressed, ... More


Independent Authorities: History and Problems

Pierre Rosanvallon

in Democratic Legitimacy: Impartiality, Reflexivity, Proximity

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691149486
eISBN:
9781400838745
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691149486.003.0005
Subject:
Political Science, Political Theory

This chapter considers the rise of independent authorities within democratic countries. In most of these countries, the pace of creation of independent bodies charged with regulatory and oversight ... More


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