Public finance and taxation Books
The University of Chicago Press The Public Good and The Brazilian State
Book SynopsisA history of municipal public finance in Brazil in the last half of the nineteenth century and first part of the twentieth.Trade Review"The Public Good and the Brazilian State dives deep into the interstices of municipal public goods. Stepping back from the more expected econometric analyses, this book displays the actual goods provided and the choices and trade-offs that municipalities had to make in order to meet their obligations to citizens. Slaughterhouses, vaccination centers, hospitals, schools, roads, bridges, drainage systems, water fountains, and public buildings are the stuff of this book. Hanley's richly detailed and carefully researched account will make strong contributions to the histories of municipal finance and Brazil, as well as the field of urban history more broadly." --Gail D. Triner, Rutgers University
£49.40
The University of Chicago Press Rules and Restraint Government Spending and the
Book SynopsisGovernment spending has increased in the United States since World War II despite the many rules intended to rein in the insatiable appetite for tax revenue most politicians seem to share. This book explains why these budget rules tend to fail, and proposes alternatives for imposing the fiscal discipline on our legislators.Trade Review"There are no other books on budgeting that approach this level of insight or breadth. Rules and Restraint is a fine, and finely crafted, book that will go right to the top of the list of standard textbooks for classes and references for practitioners." - Michael Munger, Duke University"
£26.00
University of Chicago Press Fiscal Federalism Quantitative Studies
Book Synopsis
£72.20
The University of Chicago Press Developing Country Debt the World Economy Paper
Book SynopsisFor dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. Developing Country Debt and the World Economy contains nontechnical versions of papers prepared under the auspices of the project on developing country debt, sponsored by the Nationa
£30.00
The University of Chicago Press Valuing Health for Policy An Economic Approach
Book SynopsisThis text brings together classic and up-to-date research by economists and public-health experts on theories and measurements of health values. It examines various models of health valuation, including the cost-of-illness, preventive-expenditures and quality-adjusted-life-year approaches.Table of ContentsPreface 1: Overview George Tolley, Donald Kenkel, Robert Fabian. 2: Framework for Valuing Health Risks Mark Berger, Glenn Blomquist, Donald Kenkel, George Tolley. 3: Cost of Illness Approach Donald Kenkel 4: Contingent Valuation of Health Donald Kenkel, Mark Berger, Glenn Blomquist. 5: Household Health Production, Property Values, and the Value of Health Richard Clemmer, Donald Kenkel, Robert Ohsfeldt, William Webb. 6: The Qualy Approach Robert Fabian 7: Issues in Questionnaire Design Robert Fabian, George Tolley. 8: Empirical Results from Household Personal Interviews Michael Brien, Donald Kenkel, Austin Kelly, Robert Fabian. 9: Empirical Results from Mail Questionnaires Wallace Wilson 10: Defining and Measuring Health over Life Lyndon Babcock, Anthony Bilotti. 11: The Quantity and Quality of Life: A Conceptual Framework Sherwin Rosen 12: Modeling of Choices with Uncertain Preferences Charles Kahn 13: Design of Contingent Valuation Approaches to Serious Illness Robert Fabian, Lyndon Babcock, Anthony Bilotti, George Tolley. 14: Future Directions for Health Value Research George Tolley, Robert Fabian. 15: State-of-the-Art Health Values George Tolley, Donald Kenkel, Robert Fabian. 16: The Use of Health Values in Policy George Tolley, Donald Kenkel, Robert Fabian, David Webster. References Contributors Index
£76.00
The University of Chicago Press Challenges of Globalization in the Measurement of
Book SynopsisAn essential collection at the intersection of globalization, production supply chains, corporate finance regulation, and economic measurement. The substantial increase in the complexity of global supply chains and other production arrangements over the past three decades has challenged some traditional measures of national income account aggregates and raised the potential for distortions in conventional calculations of GDP and productivity. This volume examines a variety of multinational business activities and assesses their impact on economic measurement. Several chapters consider how global supply chains complicate the interpretation of traditional trade statistics and how new measurement techniques can provide information about global production arrangements. Other chapters examine the role of intangible capital in global production, including the output of factoryless goods producers and the problems of measuring R&D in a globalized world. The studies in this volume also explTable of ContentsPrefatory Note Introduction Nadim Ahmad, Brent R. Moulton, J. David Richardson, and Peter van de Ven I. Underlying Measurement Challenges 1. Addressing the Challenges of Globalization in National Accounts Brent R. Moulton and Peter van de Ven 2. Meaningful Information for Domestic Economies in the Light of Globalization: Will Additional Macroeconomic Indicators and Different Presentations Shed Light? Silke Stapel-Weber, Paul Konijn, John Verrinder, and Henk Nijmeijer 3. National Accounts for a Global Economy: The Case of Ireland John FitzGerald 4. Eliminating the Pass-Through: Towards FDI Statistics That Better Capture the Financial and Economic Linkages between Countries Maria Borga and Cecilia Caliandro 5. Multinational Profit Shifting and Measures throughout Economic Accounts Jennifer Bruner, Dylan G. Rassier, and Kim J. Ruhl Comment: Stephen J. Redding 6. Strategic Movement of Intellectual Property within US Multinational Enterprises Derrick Jenniges, Raymond Mataloni Jr., Sarah Atkinson, and Yiran XinComment: J. Bradford Jensen 7. The Relationship between Tax Payments and MNE’s Patenting Activities and Implications for Real Economic Activity: Evidence from the Netherlands Mark Vancauteren, Michael Polder, and Marcel van den BergComment: Robert E. Yuskavage II. Global Value Chains for Intermediate Products 8. Accounting Frameworks for Global Value Chains: Extended Supply-Use Tables Nadim Ahmad 9. Accounting for Firm Heterogeneity within US Industries: Extended Supply-Use Tables and Trade in Value Added Using Enterprise and Establishment Level Data James J. Fetzer, Tina Highfill, Kassu W. Hossiso, Thomas F. Howells III, Erich H. Strassner, and Jeffrey A. YoungComment: Susan N. Houseman 10. The Role of Exporters and Domestic Producers in GVCs: Evidence for Belgium Based on Extended National Supply and Use Tables Integrated into a Global Multiregional Input-Output Table Bernhard Michel, Caroline Hambÿe, and Bart Hertveldt 11. Measuring Bilateral Exports of Value Added: A Unified Framework Bart Los and Marcel P. Timmer III. Globally Intangible Capital 12. A Portrait of US Factoryless Goods Producers Fariha KamalComment: Teresa C. Fort 13. R&D Capitalization: Where Did We Go Wrong? Mark de Haan and Joseph HaynesComment: Michael Connolly 14. Capturing International R&D Trade and Financing Flows: What Do Available Sources Reveal About the Structure of Knowledge-Based Global Production? Daniel Ker, Fernando Galindo-Rueda, Francisco Moris, and John JankowskiComment: Nune Hovhannisyan
£102.60
Columbia University Press The Sixteen Trillion Dollar Mistake How the U.S.
Book SynopsisJansson documents how presidents from FDR to Clinton have made ill-advised choices that squandered trillions of dollars. Using Office of Management and Budget projections through 2004, Jansson shows how the madness continues-and how an informed electorate can put an end to it.Trade ReviewThis isn't a polemical book, it's a somber one that makes you realize how routinely we've come to mistake absurd polemics for common sense. -- Paul Rosenberg Denver Post Jansson's analysis is persuasive on several points... will surely fuel additional interest. -- A. Scott Henderson, Furman University The Historian Provides a systematic, informative, and suprisingly absorbing survey...yields important insights. -- Mark H. Leff, University of Illinois--Urbana Journal of American History Jansson is able to critically juxtapose the Bush and Clinton presidencies of the late 1980s and 1990s, sharing compelling comparisons of various budgetary considerations...The Sixteen-Trillion-Dollar Mistake is an excellent source concerning the ongoing evolution of social policy in the United States, and the multiple political forces that can drive policy resource provision and implementation. -- David Woody, University of Texas at Arlington The Social Policy Journal There is no other book quite like this... It could hardly appear at a better time... Jansson writes lucidly and at times with some panache... Breaks new ground. Virginia Quarterly Review [A] lucid, remarkably flowing, critical history of American government spending and national priorities from 1932 to the present. Publishers Weekly (starred review)Table of ContentsPreface 1. Failed National Priorities from FDR to Clinton 2. Roosevelt as Magician 3. Roosevelt's Dilemma 4. The Conservatives' Revenge 5. Truman's Nightmare 6. Truman's Bombshells 7. Eisenhower's Ambivalence and Kennedy's Obsession 8. Johnson's Policy Gluttony 9. Nixon's Megalomania 10. Reagan's Fantasies 11. Reagan's Gordian Knot 12. Bush's Myopia 13. Clinton as Backpedaler and Counterpuncher 14. Clinton Boxes with Reagan's Shadow 15. On the Magnitude of Failed National Priorities Notes Collections, Oral Histories, Interviews Bibliography Index
£95.00
Columbia University Press Rescuing Retirement
Book SynopsisIn Rescuing Retirement, Teresa Ghilarducci and Tony James offer a comprehensive yet simple plan to help workers save for retirement, increase retirement savings by earning higher returns, and guarantee lifelong income for everyone. It offers a practical guide to the future of secure retirement.Trade ReviewFinally, a practical plan to address Americans’ lack of adequate retirement savings. This silent crisis, if not solved, will slow growth, challenge budgets, and hurt households across the United States. Teresa Ghilarducci and Tony James are proposing a smarter, more cost-effective way of securing the retirements of all Americans. This plan is critical to warding off a looming retirement savings crisis. -- Michael BloombergRescuing Retirement presents a thoughtful and compelling view of how the current retirement system is failing our people—and offers a thought-provoking, pragmatic approach to substantially enhancing retirement security for every American. -- Robert Rubin, seventieth U.S. Secretary of the TreasuryRescuing Retirement is an explicit call to action aimed directly at those with the greatest stake in the problem—the millions of workers, employers, and policy makers whose lives will be affected by the actions (or inaction) of today’s stakeholders. -- Stephanie Kelton, author of The Deficit Myth: Modern Monetary Theory and the Birth of the People’s EconomyGhilarducci and James aim to eliminate the retirement savings gap for those earning under $100,000 through affordable, low-fee, mandatory accounts with automatic annuitization. The pairing of an expert retirement economist and a financial hotshot has produced an innovative approach to this critical policy challenge. We need every idea we can get! -- Alicia Munnell, director, Center for Retirement Research, Boston CollegeIn the face of a daunting national crisis, Tony James and Teresa Ghilarducci have proposed a practical bipartisan solution that deserves the attention of business leaders, policy makers, and legislators. -- Jim Sinegal, cofounder and former CEO of CostcoRetiring with dignity shouldn’t be out of reach for so many Americans. Tony James and Teresa Ghilarducci’s plan is a bold and innovative fix to our broken retirement system. -- Chris Nassetta, president and CEO of Hilton WorldwideAll workers should have the same retirement security and peace of mind that teachers, police officers, firefighters, and other public employees have earned and have fought hard to maintain. Ghilarducci and James's plan for universal, prefunded, secure-for-life pensions—supplements to Social Security—is a great exemplar of how to achieve a secure retirement. -- Randi Weingarten, president, American Federation of TeachersGhilarducci and James never slip into wonk-speak or jargon, and lay readers will appreciate the way the authors make sense of complex economic issues. * Publishers Weekly *The argument is clearly made and succinctly presented. Highly recommended. * Choice *For more than three decades, the economist Teresa Ghilarducci, who specializes in retirement economics and policy, has documented this disaster for working people and the crisis it has precipitated, most recently in Rescuing Retirement. -- Caitlin Zaloom * New York Review of Books *Table of ContentsForeword, by Timothy GeithnerAcknowledgments1. Society’s Retirement Crisis2. How We Got Here: America’s Broken Retirement System3. Six Key Problems: The Consequences of a Broken Retirement System4. Rescuing Retirement: A Four-Pronged Solution5. Case Studies: Similar Plans in Action6. Why Not Just Expand Social Security?: Americans Need a Universal Pension System 7. Growing Support from the American People and a Mandate for Congress8. The Employer's Stake in Retirement Reform 9. ConclusionQuestions and Answers on the Guaranteed Retirement AccountAppendix A: The Cost of a Principal Protection GuaranteeAppendix B: GRAs Versus Other Policy SolutionsAppendix C: Looking at Retirement Coverage Across the CountryNotesBibliographyIndex
£16.14
Columbia University Press Pork Barrel Politics How Government Spending
Book SynopsisAndrew Sidman offers a systematic explanation for how political polarization affects the electoral influence of district-level federal spending. Pork Barrel Politics is an empirically rich account of the surprising repercussions of bringing pork home, with important consequences in our polarized era.Trade ReviewProviding new insights about a very old practice of government, Pork Barrel Politics details how pork barrel spending operates and shapes Congressional politics and policy making over the history of the Republic in an exhaustive and comprehensive analysis. Sidman demonstrates how legislators use and benefit from pork barrel spending, affecting a host of electoral and policy outcomes. A crucial book. -- Robert Stein, coauthor of Perpetuating the Pork Barrel: Policy Subsystems and American DemocracySidman convincingly explains why Republicans and Democrats respond so differently to the pork barrel, once thought to be an unambiguous benefit to all members of Congress, and why the impact of pork barreling has varied over time. His central insight is that the electoral impact of pork depends on the type of benefits awarded and on levels of polarization. A rich historical account with persuasive theory and wide-ranging, sophisticated empirical analysis. -- Diana Evans, author of Greasing the Wheels: Using Pork Barrel Projects to Build Majority Coalitions in CongressA comprehensive and timely study, Pork Barrel Politics traces the history of distributive spending in Congress and its relation to Congressional elections at the primary and general election stages. Sidman finds that the effects of distributive benefits vary across parties, and can include significant indirect effects by deterring potential party primary challengers. -- Gregory Koger, University of MiamiWhile several scholars have found that Republicans do not benefit from pork barrel spending, this book engages in a more comprehensive analysis of the relationship between party and pork barrel spending, presents a more robust body of evidence and—most importantly—models the effects of party polarization. -- Daniel Palazzolo, author of The Speaker and the Budget: Leadership in the Post-Reform House of RepresentativesThought-provoking. . . . A book for anyone interested in federal spending, electoral politics, Congress, or political polarization. * Choice *Table of ContentsAcknowledgments1. Incumbents and Pork Barrel Politics2. Pursuing the Pork Barrel3. An Electoral History of the Pork Barrel4. Attitudes, Voting, and the Pork Barrel5. Challenges from Within the Party6. General-Election Challengers and Campaigns7. Election OutcomesConclusion NotesReferencesIndex
£79.20
Columbia University Press Pork Barrel Politics How Government Spending
Book SynopsisAndrew Sidman offers a systematic explanation for how political polarization affects the electoral influence of district-level federal spending. Pork Barrel Politics is an empirically rich account of the surprising repercussions of bringing pork home, with important consequences in our polarized era.Trade ReviewProviding new insights about a very old practice of government, Pork Barrel Politics details how pork barrel spending operates and shapes Congressional politics and policy making over the history of the Republic in an exhaustive and comprehensive analysis. Sidman demonstrates how legislators use and benefit from pork barrel spending, affecting a host of electoral and policy outcomes. A crucial book. -- Robert Stein, coauthor of Perpetuating the Pork Barrel: Policy Subsystems and American DemocracySidman convincingly explains why Republicans and Democrats respond so differently to the pork barrel, once thought to be an unambiguous benefit to all members of Congress, and why the impact of pork barreling has varied over time. His central insight is that the electoral impact of pork depends on the type of benefits awarded and on levels of polarization. A rich historical account with persuasive theory and wide-ranging, sophisticated empirical analysis. -- Diana Evans, author of Greasing the Wheels: Using Pork Barrel Projects to Build Majority Coalitions in CongressA comprehensive and timely study, Pork Barrel Politics traces the history of distributive spending in Congress and its relation to Congressional elections at the primary and general election stages. Sidman finds that the effects of distributive benefits vary across parties, and can include significant indirect effects by deterring potential party primary challengers. -- Gregory Koger, University of MiamiWhile several scholars have found that Republicans do not benefit from pork barrel spending, this book engages in a more comprehensive analysis of the relationship between party and pork barrel spending, presents a more robust body of evidence and—most importantly—models the effects of party polarization. -- Daniel Palazzolo, author of The Speaker and the Budget: Leadership in the Post-Reform House of RepresentativesThought-provoking. . . . A book for anyone interested in federal spending, electoral politics, Congress, or political polarization. * Choice *Table of ContentsAcknowledgments1. Incumbents and Pork Barrel Politics2. Pursuing the Pork Barrel3. An Electoral History of the Pork Barrel4. Attitudes, Voting, and the Pork Barrel5. Challenges from Within the Party6. General-Election Challengers and Campaigns7. Election OutcomesConclusion NotesReferencesIndex
£25.50
Columbia University Press States and the Masters of Capital Sovereign
Book SynopsisToday, states’ ability to borrow private capital depends on stringent evaluations of their creditworthiness. While many presume that this has long been the case, Quentin Bruneau argues that it is a surprisingly recent phenomenon—the outcome of a pivotal shift in the social composition of financial markets.Trade ReviewBruneau provides a new take on a fascinating subject, presenting a necessary and interesting glimpse into the opaque and immensely powerful world of sovereign finance and giving us a real sense of the cultural logics that pervade this rarefied sphere. -- Emily Erikson, author of Trade and Nation: How Companies and Politics Reshaped Economic ThoughtQuentin Bruneau shines a deep and penetrating light on financial institutions and the changing forms of knowledge which guide their activities. The historical mode of enquiry he adopts is a critical advance on more static conceptions of institutional agency, and is an important contribution towards understanding what is new and innovative in contemporary global finance. -- Randall Germain, author of Global Politics and Financial GovernancePithy, intelligent, illuminating. This exciting book reveals the changing and pivotal role played by financial actors and markets in modern state formation. -- Patricia Clavin, coeditor of Internationalisms: A Twentieth-Century HistoryBruneau has written a brilliant book about the ‘ways of knowing’ in international finance. * Survival *This book is a compelling read, and its ambition to create an interdisciplinary bridge is highly commendable. It undoubtedly contributes insights for gaining an interesting perspective on some of the foundational aspects of sovereign lending. * H-Diplo *Table of ContentsAcknowledgmentsIntroduction1. How International Practitioners Think About StatesPart I: The Old Sovereign Lending2. The Insiders: Merchant Bankers3. Gentility as a Form of KnowledgePart II: The New Sovereign Lending4. The Outsiders: Joint Stock Banks5. Statistics as a Form of Knowledge6. The New Sovereign Lending TriumphsConclusionNotesBibliographyIndex
£93.60
Columbia University Press States and the Masters of Capital
Book SynopsisToday, states’ ability to borrow private capital depends on stringent evaluations of their creditworthiness. While many presume that this has long been the case, Quentin Bruneau argues that it is a surprisingly recent phenomenon—the outcome of a pivotal shift in the social composition of financial markets.Trade ReviewBruneau provides a new take on a fascinating subject, presenting a necessary and interesting glimpse into the opaque and immensely powerful world of sovereign finance and giving us a real sense of the cultural logics that pervade this rarefied sphere. -- Emily Erikson, author of Trade and Nation: How Companies and Politics Reshaped Economic ThoughtQuentin Bruneau shines a deep and penetrating light on financial institutions and the changing forms of knowledge which guide their activities. The historical mode of enquiry he adopts is a critical advance on more static conceptions of institutional agency, and is an important contribution towards understanding what is new and innovative in contemporary global finance. -- Randall Germain, author of Global Politics and Financial GovernancePithy, intelligent, illuminating. This exciting book reveals the changing and pivotal role played by financial actors and markets in modern state formation. -- Patricia Clavin, coeditor of Internationalisms: A Twentieth-Century HistoryBruneau has written a brilliant book about the ‘ways of knowing’ in international finance. * Survival *This book is a compelling read, and its ambition to create an interdisciplinary bridge is highly commendable. It undoubtedly contributes insights for gaining an interesting perspective on some of the foundational aspects of sovereign lending. * H-Diplo *Table of ContentsAcknowledgmentsIntroduction1. How International Practitioners Think About StatesPart I: The Old Sovereign Lending2. The Insiders: Merchant Bankers3. Gentility as a Form of KnowledgePart II: The New Sovereign Lending4. The Outsiders: Joint Stock Banks5. Statistics as a Form of Knowledge6. The New Sovereign Lending TriumphsConclusionNotesBibliographyIndex
£27.00
Yale University Press The Euro The Battle for the New Global Currency
Book SynopsisLooks at the tumultuous history of the Euro, its status in global economics and politics, and the pressures that present enormous challenges for the Euro's future. This book covers the dramatic events of 2010-2011, including Ireland and Greece's debt crises and the tension between France and Germany over the future of the Euro.Trade Review"'...gripping... Mr. Marsh's book has extra value because it draws on hundreds of interviews with the bigwigs involved in setting up the Euro... The result is an indispensable guide to monetary union.' (Economist) 'An amazingly detailed and thoroughly readable account of the long march to the Euro. This is the stuff of a political thriller: the deal-making behind a currency constructed not just as a financial instrument but also as a way of overcoming centuries of conflict. Anyone interested in European politics and economics, as well as Europe's place in the wider world, would enjoy it.' (George Soros) 'a compelling political story' (Ralph Atkins, Financial Times) 'An excellent new book.' (David Smith, Sunday Times) 'Marsh has achieved the seemingly impossible feat of making what the Brits tend to regard as a boring topic, best avoided, into a great story. What is more, it manages to be balanced, examining all the topical, as well as historical, issues.' (William Keegan, The Observer) 'There are not many economists in Marsh's generation who have been present at so many of the vital moments or who can call on such an impressive roster of interviewees as background research. He is especially good on the way that the two great European projects of our time - economic and political union - have counteracted each other.' (Philip Collins, The Times)"
£21.34
WW Norton & Co Rewriting the Rules of the American Economy
Book SynopsisIt’s time to rewrite the rules—to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class and to foster stronger growth rooted in broadly shared prosperity.Trade Review"The secret truth about economic inequality in America: once you look at the issue this way, it’s hard to think of it any other way." -- Time"An aggressive blueprint for rewriting 35 years of policies [that] have led to a vast concentration of wealth among the richest Americans and an increasingly squeezed middle class." -- The New York Times"this is a beautifully written book, and one that can be read in an afternoon. It is short and to the point, a clear, concise and up-to-date book." -- Times Higher Education
£12.34
University of California Press Taxing the Poor
Book SynopsisLooks at the way we tax the poor in the United States, particularly in the American South, where poor families are often subject to income taxes, and where regressive sales taxes apply even to food for home consumption. This book argues that these policies contribute in unrecognized ways to poverty-related problems.Trade Review"Impressive ... straightforward, compelling, and well-documented... This is an important book-for lots of reasons." -- Daniel T. Lichter, Cornell University American Jrnl Of Sociology "Recommended." -- R.S. Rycroft ChoiceTable of ContentsList of Illustrations List of Tables Preface Acknowledgments 1. The Evolution of Southern Tax Structures 2. Barriers to Change: Inertia, Supermajorities, and Constitutional Amendments 3. The Geography of Poverty 4. Tax Traps and Regional Poverty Regimes 5. The Bottom Line Conclusion: Are We Our Brothers' Keepers? Appendix I. How Many Lags of X? by Scott M. Lynch Appendix II. Tables Notes Index
£22.50
University of California Press Government Purchasing and Competition
Book SynopsisThis title is part of UC Press's Voices Revived program, which commemorates University of California Pressâs mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1954.
£63.90
University of California Press Can Legal Weed Win
Book SynopsisTwo economists take readers on a tour of the economics of legal and illegal weed, showing where cannabis regulation has gone wrong and how it could do better. Cannabis legalization hasn't lived up to the hype. Across North America, investors are reeling, tax collections are below projections, and people are pointing fingers. On the business side, companies have shut down, farms have failed, workers have lost their jobs, and consumers face high prices. Why has legal weed failed to deliver on many of its promises?Can Legal Weed Win? takes on the euphoric claims with straight dope and a full dose of economic reality. This book delivers the unadulterated facts about the new legal segment of one of the world's oldest industries. In witty, accessible prose, economists Robin Goldstein and Daniel Sumner take readers on a whirlwind tour of the economic past, present, and future of legal and illegal weed. Drawing upon reams of data and their own experience working with California cannabis Trade Review"In this lucid and pragmatic analysis, U.C. Davis economists Goldstein and Summer extinguish overheated predictions about the potential size and profits of the legal marijuana market. . . . Jargon-free and data-rich, this is a clear-eyed analysis of a hazy market." * Publishers Weekly *“Economists Goldstein and Sumner argue that government bureaucracy has made legal pot expensive to grow and sell, incentivizing illegal operations instead. Legal weed, their punny, breezy book shows, can only win once 'legal' isn’t an anticompetitive word.” * Bloomberg Businessweek *"An excellent primer on the state of the cannabis industry in America today." * Jacobin *"Explains how burdensome licensing requirements, regulations, and taxes have frustrated plans to displace the black market." * Reason *"Written in a fun, witty tone that makes reading about finances more engaging than ever." * CBD Oracle *Table of ContentsContents Preface: Fear and Stoning in Las Vegas Acknowledgments 1 We Call It Weed 2 Legal versus Illegal: A Market Battle 3 Prices Get High 4 We Ask Our Data: Where’s the Cheapest Legal Weed? 5 California Dreamin’ 6 Sabrina’s Story 7 Legal Weed in 2050 8 How to Survive Legalization Conclusion: Five Pipe Dreams about Legal Weed Bibliography Index
£18.90
John Wiley and Sons Ltd The Capitalist City Global Restructuring and
Book SynopsisThe world of modern capitalism is a global network both of corporations and of cities -- a world command citiesa such as New York, London and Tokyo; a specialized command citiesa which concentrate on particular industries, such as Detroit; a state command citiesa such as Washington and Brasilia; and so on.Table of ContentsPart I Introduction 1 Cities and the New International Division of Labor: An Overview 3 Part II Theoretical Perspectives: The Global Economy, the State and the City 2 World-System Theory and the Study of Comparative Urbanization 37 3 Cities and the International Division of Labor 66 4 Urban Theory Reconsidered: Production, Reproduction and Collective Action 87 Part III Economic Restructuring in Cities: A Global Perspective 5 The Politics of Dependency in Deindustrializing America: The Case of Buffalo, New York 113 6 Growth and Informalization at the Core: A Preliminary Report on New York City 138 7 Detroit and Houston: Two Cities in Global Perspective 155 8 Economic Restructuring and the Internationalization of the Los Angeles Region 178 9 Lima and the New International Division of Labor 199 Part IV State Responses to Global Restructuring 10 The State, Capital and Urban Change in Britain 215 11 Plant Closures in Socialist France 237 12 Urbanization, the Informal Economy and State Policy in Latin America 252 Part V Local Responses to Global Restructuring: Community, Household and Urban Politics 13 Community and Corporations in the Restructuring of Industry 275 14 Urban Survival Strategies, Family Structure and Informal Practices 297 15 Local Mobilization and Economic Discontent 323 16 Restructuring and Popular Opposition in West German Cities 343 17 Urban Protest and the Global Political Economy: The IMF Riots 364 List of Contributors 387 Index 389
£38.90
John Wiley and Sons Ltd Debt and Development
Book SynopsisThe author offers an approach to the study of both debt and development, focusing on the international debt crisis of the 1980s and 1990s, and its economic and geopolitical consequences.Table of ContentsList of Tables. List of Figures. List of Abbreviations. Acknowledgements. One: Introduction. Part I: Describing the Debt Crisis-A Standard Narrative Account:. Two: The Debt Crisis: a Standard Narrative Account. 1. Introduction. DATA AND DEFINITIONS. 2. Data Sources. 3. Definitions. THE DEBT CRISIS TAKES SHAPE. 4. Debt Trends: 1945-1982. 5. The Crisis: 1982-1983. DEBT CRISIS MANAGEMENT. 6. Containment, Adjustment and Austerity. 7. The Baker Plan: Adjustment with Growth. 8. Brady and the Market-menu Approach. Part II: Decoding the Debt Crisis: Discourses on Debt and Development:. Three: The Debt Crisis: A system-stability Perspective. 1. Introduction. 2. Subjective Perspectives, Invisible Hands and Spontaneous Orders. 3. The Counter-revolution in Development Theory and Policy. 4. The Debt Crisis: Two System-stability Models. 5. Policing the Debt Crisis. 6. Conclusion and Critique. Four: The Debt Crisis: a System-correction Perspective. 1. Introduction. 2. Keynesianism-Pragmatism. 3. Keynesian Development Studies. 4. Debt and Development. 5. Policies for Debt Crisis Management. 6. Conclusion and Critique. Five: The Debt Crisis: a System-instability Perspective. 1. Introduction. 2. Marxism and Radical Political Economy. 3. Radical Development Studies. 4. Debt and Development Crisis. 5. Policing the Debt Crisis. 6. Conclusion and Critique. Six: Conclusion. Bibliography. Index.
£41.75
Harvard University Press A New Deal for Old Age
Book SynopsisChanges in longevity, marriage, and the workplace have undermined Social Security, making the experience of old age increasingly unequal. Anne Alstott’s pragmatic, progressive revision would permit all Americans to retire between 62 and 76 but would provide generous early retirement benefits for workers with low wages or physically demanding jobs.Trade ReviewThis book reinforces Alstott’s stellar reputation in the legal academy and makes a significant contribution to one of the most important public policy debates of our era. Essential reading. -- Rob Reich, Stanford UniversityAn innovative and well-thought-out approach to the challenge of creating an affordable and sensible Social Security system for the foreseeable future. -- Daniel Halperin, Harvard Law SchoolWhat makes [Alstott’s] book so important is that it addresses the reality that Americans in the aggregate are living longer, healthier lives than in the past…Alstott’s proposal is a clever way of redirecting Social Security benefits toward the disadvantaged without explicitly using means-testing to accomplish that goal…Alstott’s rich sets of proposals are part of an important, emerging conversation on the need to adjust America’s social safety net for the modern labor market, the modern family, and a modern aging population. -- Chris Farrell * Next Avenue *
£32.36
Harvard University Press The Banks Did It
Book SynopsisTo understand the 2008 financial crisis, Neil Fligstein looks to the business models of the big US banks. He shows how firms got hooked on mortgages—originating them, securitizing them, selling those securities, and even buying the same securities. In time their addiction nearly collapsed the economy.Trade ReviewNeil Fligstein’s new book reads like a financial crime novel, but with a twist. Instead of asking ‘who done it?’ we are told up front that the banks did it, and the real mystery concerns why they did it, when they did it, and how it produced a global crisis in 2008. Why did US banks become so deeply involved in industrial-scale origination and securitization of home mortgages? Who would loan money to borrowers that almost certainly couldn’t repay? Why didn’t banks change course when it became clear that the bubble was about to burst? Fligstein weaves together a huge amount of evidence as he identifies key turning points, refutes simplistic explanations, and presents a coherent and sophisticated account of an extraordinarily consequential sequence of events. -- Bruce G. Carruthers, Northwestern UniversityFligstein is the most influential economic sociologist at work today. Hands down. He is also one of the most successful sociological discipline-spanners, with wide influence outside of sociology. This eminently readable book will be of great interest beyond sociology, to historians, political scientists, and economists. The Banks Did It is erudite, carefully researched, and powerfully argued. It does not disappoint. -- Frank Dobbin, Harvard UniversityWell-structured, well-evidenced, attractively written, and based on over a decade of research, The Banks Did It is a brilliant work by a scholar who has reshaped how we should think about markets. -- Donald MacKenzie, University of EdinburghIn this incisive and exceptionally clear book, Neil Fligstein describes how government action unwittingly helped shift the business model of American banks from long-term customer relations towards fee-based activities anchored in mortgage origination and securitization. By the mid-2000s, every part of US financial organizations was oriented to maintaining this pipeline, at the cost of considerable risk-taking and even fraud. By offering a long-term view of the lead-up to the 2008 financial crisis, Fligstein shows exactly how the banks, really, ‘did it’—and also lays blame at the feet of monetary experts and authorities, who never saw it coming. -- Marion Fourcade, University of California, BerkeleyA rich, deep, and comprehensive account of the financial crisis, arguing that the world the banks constructed and how they profited from it are at the core of what happened…Represents an important advance in our understanding of the financial crisis of 2007–2008. Readers, be they organizational theorists or anyone who has a stake in preventing the next financial crisis, will walk away better informed of how the crisis was produced, why it spread so fast and so deeply, and how regulators missed what was happening. -- Lori Yue * Administrative Sciences Quarterly *
£32.36
Harvard University Press The Taxation of Capital Income
Book SynopsisThis volume presents seven theoretical essays examining the effects of capital income taxation on the behavior of firms. It examines optimal tax design, firm financial policy, and inflation. The essays demonstrate the powerful role taxes play in shaping the behavior of American corporations, and also provide insights into the task of tax reform.Table of Contents* Preface * Introduction I. Optimal Capital Taxation and Investment Incentives * he Optimal Taxation of Heterogeneous Capital * Tax Neutrality and the Social Discount Rate * Efficient Design of Investment Incentives II. Taxation and Corporate Finance * Share Valuation and Corporate Equity Policy * Wealth Maximization and the Cost of Capital II. Inflation and the Firm * Inflation and the Tax Treatment of Firm Behavior * Inflation and the Choice of Asset Life * Index
£30.56
Harvard University Press Stewards of the Market
Book SynopsisMitchel Abolafia goes behind the scenes with the Federal Reserve’s powerful Open Market Committee as it responded to the 2008 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders came to embrace new ideas.Trade ReviewAbolafia peels back the technocratic veneer and exposes to the reader how deeply social the Fed decision-making body truly is…A refreshing take on the financial crisis…This book reveals the limits of our civic institutions, not only in their interpretive capacity as social bodies but also in the face of political pressure. -- Derek Harmon * Administrative Science Quarterly *This is a great book…Those who are interested in the history of monetary policy will take away many important lessons about the Fed, and how the Fed’s leaders and the institution itself, learned to adapt their policies to the new economic paradigm it faced. -- Harvey Rosenblum * Business Economics *A detailed analysis of how the Federal Reserve transformed itself from a passive to an active regulator of the financial market…A fascinating read for researchers in economic, political, and comparative/historical sociology…Abolafia elegantly decodes the economic jargon with a page-turning narrative. -- Ken-Hou Lin * Contemporary Sociology *Mitchel Abolafia is known as the pioneer of the modern sociology of finance. In this book, his magnum opus, he uses the protocols from the meetings of the Federal Reserve to analyze how its members thought and deliberated during the financial crisis of 2008. As the reader will find out, by having this single focus, the author is able to provide several new puzzle pieces to what actually happened during this momentous event. -- Richard Swedberg, author of The Art of Social TheoryThe Federal Open Market Committee is one of the most important decision-making bodies in the world. Its officials must gaze into the uncertain world of the economy and try to predict what might happen next. Stewards of the Market unpacks the black box of their deliberations by focusing on how they came to understand the financial crisis of 2008. This fascinating book should be of interest to anyone who wants to understand how the Federal Reserve missed the crisis but saved the economy. -- Neil Fligstein, author of The Transformation of Corporate ControlThis riveting book shows, in real time and in great detail, how members of the Federal Reserve tried to make sense of the 2008 financial crisis. Abolafia shows that for all of their immense knowledge, the Fed’s members found themselves relying on culturally-defined scripts and grasping at straws, blinded by an almost religious faith in the self-correcting character of the financial markets. Yet unlike many critics, Abolafia treats his subjects with respect, acknowledging the enormity of the difficulties they faced. This book is essential reading for anyone who hopes to understand the previous crisis, as well as those hoping to prevent the next one. -- Mark Mizruchi, author of The Fracturing of the American Corporate Elite
£32.36
Princeton University Press The Squam Lake Report
Book SynopsisIn the fall of 2008, fifteen of the world's leading economists - representing the broadest spectrum of economic opinion - gathered at New Hampshire's Squam Lake. Their goal: the mapping of a long-term plan for financial regulation reform. This title distills the wealth of insights from the collaboration that began at these meetings.Trade ReviewRobert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics Raghuram Rajan, Winner of the Deutsche Bank Prize in Financial Economics 2013, The Center for Financial Studies "If you asked me to recommend one thing to read on reforming financial regulation, [The Squam Lake Report] would be it."--Clive Crook, The Atlantic "The Squam Lake Report [is] a slim volume that contains the best prescriptions of the brightest minds of economics about how to save the financial system."--Heidi N. Moore, CNNMoney.com "The Squam Lake Report is a slight volume of ten chapters and just 157 pages--practically anorexic by the standards of many tomes about the credit crunch--but it makes heavyweight claims. It is the product of 15 of the leading financial economists in the United States, who first met on a weekend retreat to New Hampshire's remote and scenic Squam Lake, and offers their prescriptions for regulatory reform to stave off future collapses."--New Statesman "Fifteen prominent academic US economists developed this concise set of recommendations for financial regulation reform in Fall 2008 in a desire to prevent a recurrence of the financial crisis that developed in 2007 and whose effects continue to the present. The introductory chapter provides an excellent summary of the cascade of financial catastrophes precipitated initially by losses on mortgage-backed securities... [A] useful volume for its historical overview and coverage of key issues."--Choice "The Squam Lake Report is an important book in a growing library of commentary on the worst financial crisis since the Depression. It delivers good and clearly written recommendations and reviews most of the key issues surrounding the crisis."--Mark S. Rzepczynski, Financial Analysts JournalTable of ContentsPreface vii Acknowledgments xi Chapter 1: Introduction 1 Chapter 2: A Systemic Regulator for Financial Markets 33 Chapter 3: A New Information Infrastructure for Financial Markets 44 Chapter 4: Regulation of Retirement Savings 53 Chapter 5: Reforming Capital Requirements 67 Chapter 6: Regulation of Executive Compensation in Financial Services 75 Chapter 7: An Expedited Mechanism to Recapitalize Distressed Financial Firms: Regulatory Hybrid Securities 86 Chapter 8: Improving Resolution Options for Systemically Important Financial Institutions 95 Chapter 9: Credit Default Swaps, Clearinghouses, and Exchanges 109 Chapter 10: Prime Brokers, Derivatives Dealers, and Runs 122 Chapter 11: Conclusions 135 List of Contributors 153 Index 157
£15.29
Princeton University Press Political Economy for Public Policy
Book SynopsisTrade Review"The core of this book is a collection of intellectual theories and mathematical models that ignore many key elements of the modern political process. Abstract models can tell little about the role lobbyists play in shoveling millions of dollars into political campaigns. To his credit, Bueno de Mesquita does an excellent job of explaining these models, which play an important role in political policy today."--ChoiceTable of Contents*Frontmatter, pg. i*Summary of Contents, pg. vii*Policy Applications, pg. xvii*Preface, pg. xix*Introduction, pg. 1*1. Normative Frameworks, pg. 11*2. Collective Goals, pg. 51*3. Pareto Concepts, pg. 74*Summing Up Normative Foundations, pg. 95*4. Externalities, pg. 97*5. Coordination Problems, pg. 150*6. Commitment Problems, pg. 173*Summing Up Social Dilemmas, pg. 191*7. Strategic Adjustment, pg. 193*8. Dynamic Inconsistency, pg. 218*9. The Need for Information, pg. 244*10. Influence over Elected Officials, pg. 282*11. Institutions, Incentives, and Power, pg. 305*Summing Up Constraints on Good Governance, pg. 328*Concluding Reflections on Politics and Policy, pg. 331*A. Utility, Strategic-Form Games, and Nash Equilibrium, pg. 335*B. Extensive-Form Games, pg. 362*Bibliography, pg. 385*Index of Referenced Authors, pg. 393*General Index, pg. 396
£38.25
Princeton University Press Between Debt and the Devil Money Credit and
Book SynopsisAdair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn't happen because banks are too big to fail--our addictiTrade ReviewOne of Financial Times (FT.com) Best Economics Books of 2015, chosen by Martin Wolf One of the Strategy+Business Best Business Books 2016 in Economy One of The Independent's Best Economics Books 2015 One of Bloomberg Businessweek's Best Books of 2015, chosen by Vitor Constancio "Whether you agree with Turner's proposal or not, [Between Debt and the Devil] represents an important challenge to economic orthodoxy, which, as he rightly notes, has already failed us once."--John Cassidy, The New Yorker "Extensively researched and well-written."--Edward Chancellor, Wall Street Journal "[A] remarkable new book."--Will Hutton, Observer "Lucid and forcefully-argued."--Peter Thal Larsen, Reuters Breakingviews "Turner offers a convincing account of the debt-fuelled global economic cycle of the last 15 years or so. I found myself skimming over large sections and nodding in agreement."--Erik Britton, Management Today "An overdue challenge to a taboo against monetary finance held sacred for too long."--Giles Wilkes, Financial Times "Adair Turner, the former chairman of Britain's Financial Services Authority and described by The Economist as a man for all policy crises, upends financial orthodoxy in Between Debt and the Devil. He argues that nothing regulators have done thus far has addressed the fundamental underlying cause of financial instability... Turner's book is tightly argued and is packed with insights about the financial markets as well as the real economy."--Brenda Jubin, Investing.com "If developed economies fall back into recession, people may hear quite a bit more about Lord Turner's ideas."--The Economist "This is an important book because Turner thinks clearly where much analysis has been fuzzy ... [a] stimulating book."--Ben Chu, The Independent "Adair Turner's Between Debt and the Devil: Money, Credit and Fixing Global Finance--out this month--joins a select group of books that provide as clear an explanation of the financial crisis as one could hope for."--Diane Coyle, The Enlightened Economist "Some astonishingly original ideas."--Alex Brummer, Daily Mail "[A] brilliant new book... [The] prose crisply conveys analysis of real force."--Tom Clark, Guardian "[A] scintillating individual [contribution] to the debate not just on the future of finance but how we should run our economy."--Felix Martin, New Statesman "Adair Turner's new book Between Debt and the Devil is definitely worth your time."--Clive Crook, Bloomberg View "A challenging but relentlessly logical book about the flaws of the system that led us to the Great Recession: excess finance, excessive indebtedness. He adds to the literature that explains why more and more finance is not always good. The proposed cure requires going beyond the present financial regulatory reform. A bold and thought provoking book."--Vitor Constancio, Vice president, European Central Bank, one of Bloomberg's Best Books of 2015 "This book lays down a challenge which subsequent accounts of monetary policy will have to address."--David Willetts, Prospect "[An] excellent book."--Nick Butler, Financial Times "[H]is extensive work both at financial institutions and in academia, have given Turner an insider's view of the world of finance and economics. But his conclusions--that the banking system needs to be fundamentally restructured, and that periodically, instead of a government running up debt, the central bank should just print money for the government to spend--are far from conventional."--Matt Phillips, Quartz "This is a good book, well worth reading... It is well and clearly written and supported by good, non-technical analysis and empirical evidence."--Charles Goodhart, Financial World "These provocative and insightful arguments are particularly valuable at a time when austerity retains its intellectual luster despite its manifest failures."--Andrew Moravcsik, Foreign Affairs "Turner's book should make policymakers and commentators sit up and take notice."--TT Ram Mohan, Economic & Political Weekly "[An] excellent book."--Zagreb International Review of Econ & Business "A strong narrative and powerful argument for reform."--Sean O'Grady, The Independent "This seminal book details an important reality of today's economy: generating enough demand to absorb potential supply depends on explosive increases in indebtedness-private or public, or both."--Martin Wolf, Financial TimesTable of ContentsAcknowledgments ix Preface: The Crisis I Didn't See Coming xi Introduction: Too Important to Be Left to the Bankers 1 Part I Swollen Finance 17 1 The Utopia of Finance for All 19 2 Inefficient Financial Markets 34 Part II Dangerous Debt 49 3 Debt, Banks, and the Money They Create 51 4 Too Much of the Wrong Sort of Debt 61 5 Caught in the Debt Overhang Trap 74 6 Liberalization, Innovation, and the Credit Cycle on Steroids 88 7 Speculation, Inequality, and Unnecessary Credit 108 Part III Debt, Development, and Capital Flows 131 8 Debt and Development: The Merits and Dangers of Financial Repression 133 9 Too Much of the Wrong Sort of Capital Flow: Global and Eurozone Delusions 149 Part IV Fixing the System 161 10 Irrelevant Bankers in an Unstable System 163 11 Fixing Fundamentals 175 12 Abolishing Banks, Taxing Debt Pollution, and Encouraging Equity 186 13 Managing the Quantity and Mix of Debt 195 Part V Escaping the Debt Overhang 211 14 Monetary Finance-Breaking the Taboo 213 15 Between Debt and the Devil-A Choice of Dangers 231 Epilogue: The Queen's Question and the Fatal Conceit 241 Notes 253 Bibliography 277 Index 289
£999.99
Princeton University Press Austerity
Book SynopsisTrade Review"Winner of the Hayek Book Prize, Manhattan Institute""One of the Financial Times' Summer Books of 2019: Economics""A Project Syndicate Best Read in 2019""This book is timely in offering an alternative view. . . . Read this book as an antidote to the calls for governments to give up on fiscal discipline."---Chris Giles, Financial Times"It’s an impressive study of nearly 200 episodes of fiscal consolidation in the rich world to understand what’s the best way to go about it. The answer—cutting spending is better than raising taxes—isn’t entirely new, but the supporting evidence is compelling and it will take an equally deep study to make the opposite case."---Ferdinando Giugliano, Bloomberg Opinion"Austerity is a towering scholarly achievement, embodying decades of research and destined to serve as a touchstone for future studies—both by those who will build on it and by those who will try to tear it down."---Ken Rogoff, Project Syndicate On Point"This is an extremely important book."---Martin Wolf, Financial Times, Summer Books of 2019"An important work for economists, policymakers, politicians, and engaged citizens. . . . One of the clearest and best researched treatments of fiscal policy available. And though not quite suitable for the beach, it’s remarkably readable. . . . It should be required reading."---Milton Ezrati, City Journal"A towering scholarly achievement."---Kenneth Rogoff, Project Syndicate"An ambitious book. . . . if you’re looking for a comprehensive discussion of austerity policies, this is the book for you."---James Smith, Society of Professional Economists"Every chapter in this book is thorough, informative, and persuasive. . . . Without doubt, this is an important book."---Geoffrey Wood, Central Banking Journal
£27.00
Princeton University Press The Euro and the Battle of Ideas
Book SynopsisHow philosophical differences between Eurozone nations led to the Euro crisisand where to go from hereWhy is Europe''s great monetary endeavor, the Euro, in trouble? A string of economic difficulties in Greece, Ireland, Spain, Italy, and other Eurozone nations has left observers wondering whether the currency union can survive. In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe's survival.As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus.Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe's future.Trade ReviewWinner of the 2017 Gold Medal in International Business / Globalization, Axiom Business Book Awards One of The Economist's Economics and Business Books of the Year 2016 One of Financial Times (FT.com) Best Economics Books of 2016 One of Bloomberg's Best Books of 2016 "If we turn to The Euro and the Battle of Ideas by Markus K. Brunnermeier, Harold James, and Jean-Pierre Landau, we start to find an explanation. The three authors are, respectively, a German academic economist, an English economic historian, and a French banker turned economics professor, and their book is an attempt to explain the euro's ideological and historic background. They explore the dichotomy between French and German political-economic philosophies. The first values flexibility and solidarity and state intervention; the second stresses rules and consequences and free markets."--John Lanchester, New Yorker "In The Euro and the Battle of Ideas, the economists Markus Brunnermeier, Harold James, and Jean-Pierre Landau turn a sharp lens on the basic divide between France and Germany."--Rana Foroohar, New York Review of Books "A book of depth and subtlety that is helpful in understanding matters well outside the questions it seems to address... This is a fascinating and informative book."--Geoffrey Wood, Central Banking Journal "[The authors] have the advantage of being deeply involved... If Europe is high on your list of concerns, you should read this book; European leaders will."--David Warsh, Economic Principals "[The Euro and the Battle of Ideas] demonstrates the value of sophisticated syntheses of policy analysis and intellectual history."--Foreign Affairs "Markus Brunnermeier, Harold James and Jean-Pierre Landau have just published a fascinating book, The Euro and the Battle of Ideas, in which they bring together their respective skills in economic theory, economic history and economic policy to bear on one of the most important macroeconomic problems of our times--the rules versus discretion debate. Anyone who has studied this debate--and that's just about anyone who has taken a course in economics--would benefit from reading this book."--Economics One bogTable of Contents1 Introduction 1 PART I: POWER SHIFTS AND GERMAN-FRENCH DIFFERENCES 2 Power Shifts 17 Lethargy of European Institutions 18 The First Power Shift: From Brussels to National Capitals 20 The Second Power Shift: To Berlin-Paris and Ultimately to Berlin 27 After the Power Shift 33 3 Historical Roots of German-French Differences 40 Cultural Differences 41 Federalism versus Centralism 43 Mittelstand versus National Champions 48 Collaborative versus Confrontational Labor Unions 51 Historical Inflation Experiences 54 4 German-French Differences in Economic Philosophies 56 Fluid Traditions: Switch to Opposites 56 German Economic Tradition 59 French Economic Tradition 67 International Economics 74 PART II: MONETARY AND FISCAL STABILITY: THE GHOST OF MAASTRICHT 5 Rules, Flexibility, Credibility, and Commitment 85 Time-Inconsistency: Ex Ante versus Ex Post 86 External Commitments: Currency Pegs, Unions, and the Gold Standard 89 Internal Commitments: Reputation and Institutional Design 91 Managing Current versus Avoiding Future Crisis 94 6 Liability versus Solidarity: No-Bailout Clause and Fiscal Union 97 The No-Bailout Clause 98 Fiscal Unions 100 Eurobonds 111 Policy Recommendations 115 7 Solvency versus Liquidity 116 Buildup of Imbalances and the Naked Swimmer 117 Solvency 118 Liquidity 119 Crossing the Rubicon via Default 125 Sovereign-Debt Restructuring and Insolvency Mechanism 126 Fiscal Push: Increasing Scale and Scope of EFSF and ESM 127 Monetary Push 131 Policy Recommendations 133 8 Austerity versus Stimulus 135 The Fiscal Multiplier Debate 137 The Output Gap versus Unsustainable Booms Debate 143 Politics Connects Structural Reforms and Austerity 145 The European Policy Debate on Austerity versus Stimulus 148 Lessons and Policy Recommendations 153 PART III: FINANCIAL STABILITY: MAASTRICHT'S STEPCHILD 9 The Role of the Financial Sector 157 Traditional Banking 159 Modern Banking and Capital Markets 162 Cross-Border Capital Flows and the Interbank Market 166 10 Financial Crises: Mechanisms and Management 173 Financial Crisis Mechanisms 175 Crisis Management: Monetary Policy 185 Crisis Management: Fiscal Policy and Regulatory Measures 194 Ex Ante Policy: Preventing a Crisis 206 11 Banking Union, European Safe Bonds, and Exit Risk 210 Banking in a Currency Union 211 Safe Assets: Flight-to-Safety Cross-Border Capital Flows 222 Redenomination and Exit Risks 226 Policy Recommendations 233 PART IV: OTHERS' PERSPECTIVES 12 Italy 237 Battling Economic Philosophies within Italy 237 Mezzogiorno: Convergence or Divergence within a Transfer Union 239 Italy's Economic Challenges 242 Politics and Decline 245 13 Anglo-American Economics and Global Perspectives 249 Diverging Traditions 251 The Politics of Looking for Recovery: The United States 261 The Politics of Thinking Outside Europe: The United Kingdom 267 The Global Perspectives: China and Russia 279 Conclusion 286 14 The International Monetary Fund (IMF) 287 The IMF's Philosophy and Crisis Management 289 The IMF's Initial Involvement in the Euro Crisis 295 The IMF and the Troika 300 A Change in the IMF's Leadership 304 Loss of Credibility: Muddling Through, Delayed Greek PSI 306 15 European Central Bank (ECB) 313 The ECB before the Crisis: Institutional Design and Philosophy 315 The ECB's Early Successes and Defeats 325 The ECB and Conditionality 331 Lending and Asset Purchase Programs 343 Single Supervisory Mechanism (SSM) for European Banks 368 Taking Stock: Where Does the ECB Stand? 372 16 Conclusion: Black and White or Twenty-Eight Shades of Gray? 375 Acknowledgments 391 Notes 393 Index 427
£27.00
Princeton University Press The Economics of Sovereign Debt and Default
Book Synopsis
£37.80
Princeton University Press The Euro and the Battle of Ideas
Book SynopsisTrade Review"Winner of the 2017 Gold Medal in International Business / Globalization, Axiom Business Book Awards""One of Bloomberg’s Best Books of 2017""One of Project Syndicate’s Best Reads in 2017 (chosen by Jean Pisani-Ferry)""One of Bloomberg’s Best Books of 2016""One of Financial Times (FT.com) Best Economics Books of 2016""One of The Economist’s Economics and Business Books of the Year 2016"
£18.00
Princeton University Press The Handbook of Chinas Financial System
Book Synopsis
£69.70
Princeton University Press The Power to Destroy
Book SynopsisTrade Review"An extraordinarily well-documented, informative, and compelling analysis of the movement Ronald Reagan celebrated as 'a second American Revolution.'"---Glenn C. Altschuler, Messenger"[An] insightful and disturbing analysis. . . . Through his accessible presentation of recent decades of political battles over interconnected issues, such as the right’s fight for the tax-exempt status of religious schools and its pushback against the IRS’s 1971 policy that tax-exempt schools must be racially nondiscriminatory, Graetz effectively makes the case that antitaxation has been ‘the most overlooked social and political movement in recent American history.’ This is a must-read for those concerned about the U.S. economy’s growing reliance on debt." * Publishers Weekly (Starred review) *"Illuminating. . . . An accessible, searching look at the injustices built into the American way of taxation." * Kirkus Reviews *"'The Power to Destroy' belongs in the growing pantheon of books that help us understand how the GOP became what it is today. It’s also an essential resource for understanding the fiscal storm clouds that Graetz sees on the horizon."---Brian Rosenwald, Washington Post
£22.50
Princeton University Press Medieval Colonialism Postcrusade Exploitation of
Book SynopsisTable of Contents*Frontmatter, pg. i*CONTENTS, pg. vii*ILLUSTRATIONS. MAPS, pg. ix*PREFACE, pg. xi*ABBREVIATIONS, pg. xxv*CHAPTER I. The Crusader Kingdom of Valencia, pg. 1*CHAPTER II. The Economics of Crusade Victory, pg. 17*CHAPTER III. Public Monopolies and Utilities, pg. 41*CHAPTER IV. Life and Work: Household, Community, Commercial, and Agrarian Charges, pg. 79*CHAPTER V. Spectrum: Water, War, Salt, Moneyage, Livestock, Labor Services, Hospitality, and Fines, pg. 121*CHAPTER VI. Treasure, Tithe, Fees, and Miscellany, pg. 180*CHAPTER VII. Harvesting the Taxes, pg. 211*CHAPTER VIII. Collectories: Muslim, Christian, Jew, pg. 248*CHAPTER IX. Delinquents, Anomalies, and Exemptions, pg. 323*CHAPTER X. The Human Factor, pg. 344*BIBLIOGRAPHY, pg. 349*INDEX, pg. 377
£124.10
Pluto Press Debt or Democracy Public Money for Sustainability
Book SynopsisA clear case for the common ownership of money as a solution to the financial crisisTrade Review'Mary Mellor has a superb understanding of the nature of money; of the institutions that underpin our monetary system, and of the economic frameworks within which monetary systems operate' -- Ann Pettifor, analyst of the global financial system, author of Just Money: How Society Can Break the Despotic Power of Finance and Director of Policy Research in Macroeconomics (PRIME)'Demonstrates the need to change the way in which money is created, in order to stop the private sector undermining the public sector and enable a shift to an economy that is environmentally sustainable and socially just. Fresh, clear and incisive' -- Andrew Sayer, Professor of Social Theory and Political Economy at Lancaster University'Prospering without growth requires reclaiming the creation of money from private banks. Now that even the likes of the IMF and the Bank of England entertain the idea of public money, how money is to be made public is as important as ever. And Mary Mellor's book has the right answers' -- Giorgos Kallis, ICREA Professor, ICTA, Autonomous University of Barcelona and Leverhulme Visiting Professor, SOAS'An insightful and thought-provoking analysis. This book clearly shows why a monetary system based on debt inevitably leads to crisis' -- Ben Dyson, Positive Money'Original and thought-provoking ... This well-researched study will interest anyone wanting to understand our current economic problems in order to take further action' -- Peace News'Debt or Democracy will surely enhance her reputation as a radical socialist academic' -- Socialist Review'This book deserves to be widely read and deeply considered ... I heartily recommend this book' -- Peace NewsTable of ContentsIntroduction 1. The Privatisation of Money and the Politics of Austerity 2. Money for Sustainability, Sufficiency and Social Justice 3. Provisioning through Public Money 4. Misunderstanding Public Money: Four Myths and a Confusion 5. Janus-faced: The Central Bank 6. Understanding Public Money 7. Public Money: Beyond the Borders 8. Conclusion: Crisis and Change Bibliography Index
£72.25
MB - Cornell University Press Havens in a Storm The Struggle for Global Tax
Book SynopsisSmall states have learned in recent decades that capital accumulates where taxes are low; as a result, tax havens have increasingly competed for the attention of international investors with tax and regulatory concessions. Economically powerful...Trade Review"In this highly informative, nuanced, and balanced book, J. C. Sharman narrates the fascinating story of how the Davids of the modern world, the small tax havens, have managed to beat the modern Goliath represented by the OECD campaign against harmful tax competition. Without losing sight of the theoretical underpinnings of his narrative, Sharman weaves a tale of complex political maneuvering on par with the best detective stories This has resulted in one of the most important recent contributions to international relations scholarship." -- Ronen Palan, University of Sussex, author of The Offshore World"Tax havens and attempts at their regulation have increasingly become—an issue of intense public debate and some academic analysis. J. C. Sharman is in a unique position due to the very extensive empirical research he has conducted. He has personally visited a large number of countries, both developed OECD states and a substantial number of havens, interviewing many key players and collecting much documentation. Havens in a Storm provides a fascinating overview of recent developments and cogent analysis of the political dynamics of the issue." -- Sol Picciotto, Lancaster University Law School
£45.00
University of Toronto Press Provincial Public Finance in Ontario
Book SynopsisThis detailed and informative study makes a timely contribution to a subject that has been the focus of much public discussion and debate in Ontario and elsewhere, namely the size and growth of the public sector. Working with the Public Accounts and other sources, Professor Foot offers both an historical account of, and an explanation for, the growth of provincial revenues and expenditures since the early 1950s. By concentrating on an analysis of the development of a single government over time, rather than adopting the traditional cross-section approach of analysing a number of junior-level governments.The study's conclusions are both informative and provocative. On the revenue side, a rate-base approach which separates discretionary from automatic changes in revenue determinants is shown to provide sufficient flexibility to accommodate the analysis and explanation of a wide range of specific revenues. On the expenditure side, the provincial government is found to adjust rea
£18.89
University of Pennsylvania Press Public Pensions and City Solvency
Book SynopsisUnderfunded pension liabilities are severely threatening many cities, and policymakers are increasingly turning their attention to the legacy issues surrounding the funding of pensions. Public Pensions and City Solvency addresses this complex fiscal issue and presents strategies to achieve financial sustainability.Trade Review"Cities and states in America are facing fiscal stress in historic proportions. . . . This book will help the public to elect officials who deal with these issues responsibly so that our grandchildren are not burdened with the obligation to pay for the benefits our generation has been so fortunate to have enjoyed." * Richard Ravitch, from the Foreword *Table of ContentsForeword —Richard Ravitch Chapter 1. Why City Pension Problems Have Not Improved, and a Roadmap Forward —Joshua D. Rauh Chapter 2. The Law and Politics of Municipal Pensions —Amy B. Monahan Chapter 3. Erosion of the Foundation of Municipal Finance —D. Roderick Kiewiet and Mathew D. McCubbins Conclusion. A Call for Transparency —Robert Inman and Susan M. Wachter Notes List of Contributors References
£22.79
MP-WBK World Bank Group Publ Citizens and Service Delivery Assessing the Use of Social Accountability Approaches in Human Development Sectors
a huge range and FREE tracked UK delivery on ALL orders.
£21.80
University of Pittsburgh Press Debt Wish Entrepreneurial Cities US Federalism and Economic Development Pitt Series in Policy Institutional Studies
a huge range and FREE tracked UK delivery on ALL orders.
£46.10
Edward Elgar Publishing Ltd Tax Law and Development
Book SynopsisComprising original essays written by top legal scholars, this innovative volume is the most comprehensive collection to date of independent academic work exploring the relationship between tax, law and development.Trade Review'Anyone working on tax policy for middle and low income countries will consider this book a must-read. Economic globalization of capital markets and multinational corporations has overtaken the abilities of many countries to tax incomes of multinationals and individual residents. From extraction industries to fiscal federalism, the papers demonstrate the importance of sound legal frameworks and formal cooperation across multiple countries and levels of government for implementing sound tax policy in developing nations.'' --Michael J. Wasylenko, Syracuse University, US'On opening this volume, one is immediately struck by the impressive cast of contributors from six continents, as well as the inherent and contemporary interest of the interlinked topics covered.' --Dominic De Cogan and Philip Miles, The Cambridge Law Journal'There is an important need for independent academic scholarship like that in this volume that takes into account the differing perspectives of developing countries and does not look for ''one size fits all'' theories or prescriptions. . . The diverse group of legal scholars from six continents who have contributed to this volume critically address issues from perspectives not restricted to traditional tax policy conceptions and paradigms. As a result, this volume is rich with insights on new and old issues at the intersection of tax, law and development.' --From the foreword by Stephen E. Shay, Harvard Law School, USTable of ContentsContents: Foreword Stephen E. Shay PART I: INTRODUCTION: TAX REFORM AND FINANCING FOR DEVELOPMENT 1. Introduction: Tax, Law and Development Yariv Brauner and Miranda Stewart PART II: TAX COMPETITION AND TRAGIC CHOICES 2. The Future of Tax Incentives for Developing Countries Yariv Brauner 3. The Tragic Choices of Tax Policy in a Globalized Economy Tsilly Dagan 4. Economic Development and the Role of Tax in Southern Africa: The South African Headquarter Company Structure Tracy Gutuza 5. Tax Sparing: A Reconsideration of the Reconsideration Luís Eduardo Schoueri PART III: IN SEARCH OF ‘SEARCHERS’ TO FIND UNIQUE SOLUTIONS TO COMMON TAX CHALLENGES 6. Is this a Pipe? Validity of a Tax Reform for a Developing Country Ana Paula Dourado 7. The Place of Law in the Evolution of Chinese Fiscal Federalism Wei Cui 8. The Globalization of Tax Expenditure Reporting: Transplanting Transparency in India and the Global South Lisa Philipps PART IV: TAX EQUITY, REDISTRIBUTION AND AID 9. Internation Equity and Human Development Anthony C. Infanti 10. The Role of Developed World Tax Incentives in Microfinance Charlene D. Luke PART V: TAX COOPERATION 11. Geographical Boundaries of Tax Jurisdiction, Exclusive Allocation of Taxing Powers in Tax Treaties and Good Tax Governance in Relations with Developing Countries Pasquale Pistone 12. Tax Activists and the Global Movement for Development through Transparency Allison Christians 13. Global Tax Information Networks: Legitimacy in a Global Administrative State Miranda Stewart Bibliography Index
£137.00
Edward Elgar Publishing Ltd Public Private Partnerships in Education New
Book SynopsisThis insightful book brings together both academics and researchers from a variety of international organizations and aid agencies to explore the complexities of public private partnerships as a resurgent, hybrid mode of educational governance that operates across scales, from the community to the global.Trade Review'Far from simply being a form of cost sharing between the ''state'' and the ''market,'' PPP has been celebrated by some, and condemned by others, as the champion of change in the new millennium. This book has been written by the best minds in education policy, political economy, and development studies. They convincingly argue that public private partnership represents a new mode of governance that ranges from covert support of the private sector (vouchers, subsidies) to overt collaboration with corporate actors in the rapidly growing education industry. The analyses are simply brilliant and indispensable for understanding how and why this particular best/worst practice went global.' --Gita Steiner-Khamsi, Columbia University, New York, USTable of ContentsContents: 1. An Introduction to Public Private Partnerships and Education Governance Susan L. Robertson, Karen Mundy, Antoni Verger and Francine Menashy PART I: THE RISE OF PPPs IN EDUCATION: HISTORY AND CONCEPTUAL DEBATES 2. Governing Education through Public Private Partnerships Susan L. Robertson and Antoni Verger 3. International PPPs in Education: New Potential or Privatizing Public Goods? Alexandra Draxler 4. Public Private Partnerships, Neoliberal Globalization and Democratization Mark Ginsburg PART II: UNDERSTANDING TRANSNATIONAL PPP ACTORS 5. The Role of the International Finance Corporation in the Promotion of Public Private Partnerships for Educational Development Karen Mundy and Francine Menashy 6. The GATS Game-changer: International Trade Regulation and the Constitution of a Global Education Marketplace Antoni Verger and Susan L. Robertson 7. Private Foundations, Philanthropy and Partnership in Education and Development: Mapping the Terrain Prachi Srivastava and Su-Ann Oh 8. A Disconnect between Motivations and Education Needs: Why American Corporate Philanthropy Alone Will Not Educate the Most Marginalized Justin van Fleet 9. Microsoft Corporation: A Case Study of Corporate-led PPPs in Education Zahra Bhanji PART III: THE IMPACT OF PPPs IN EDUCATION: EVIDENCE FROM THE FIELD 10. The Role and Impact of Public Private Partnerships in Education Felipe Barrera-Osorio, Juliana Guaqueta and Harry Anthony Patrinos 11. Do Public Private Partnerships Fulfil the Right to Education? An Examination of the Role of Non-state Actors in Advancing Equity, Equality and Justice Maria Ron-Balsera and Akanksha A. Marphatia 12. Is Low-fee Private Primary Schooling Affordable for the Poor? Evidence from Rural India Joanna Härmä and Pauline Rose 13. Why Girls’ Education Rather than Gender Equality? The Strange Political Economy of PPPs in Pakistan Shailaja Fennell 14. The Role of Central Management Structures in Public Private Partnerships: The Case of Fe y Alegría Schools in Peru Analía V. Jaimovich Index
£111.00
Edward Elgar Publishing Ltd CostBenefit Analysis and Distributional
Book SynopsisThis pathbreaking study illustrates and enhances the potential of cost–benefit analysis as a tool for decision-making. While the case study is focused on natural resource management and environmental policy, the conceptual and methodological advances illustrated by the authors are relevant and applicable to a wider array of policy deliberations.Trade ReviewHelen Scarborough and Jeff Bennett have produced a work that is genuinely path-breaking. As is often the case with path-breaking work, the idea is simple enough: if people can respond to choice experiments in ways that tell us a lot about what they value and how much they value it, why would they not be able to respond to choice experiments where the options offered have different distributional consequences? Such simple ideas evade implementation not because they are so hard to think up, but because it is so easy to dismiss them as unthinkable. All credit goes to Scarborough and Bennett for busting through this particular unthinkability barrier... [The authors] may be surprised by the magnitude and the nature of the impact this work eventually enjoys. - --From the foreword by Alan Randall, The University of Sydney, Australia and The Ohio State University, USTable of ContentsContents: Foreword 1. Distribution and Environmental Policy 2. Distributional Weighting and Cost–Benefit Analysis 3. Choice Modelling and Distributional Preferences 4. Case Study: Design of Intergenerational Distribution Choice Experiment 5. Case Study: Results of Intergenerational Distribution Choice Experiment 6. Choice Modelling and Distributional Preferences: Challenges and Opportunities Bibliography Index
£82.00
Edward Elgar Publishing Ltd The Elgar Guide to Tax Systems
Book SynopsisThe chapters in this volume offer a critical review of changes from the perspectives of tax theory, policy and tax administration practice, and the political economy of taxation.Trade Review‘The book discusses many of the issues facing tax systems and attempts to reform them, and it will be of considerable value both to policymakers and to students of taxation policy.’ -- Citizen’s Income‘If you’re a tax specialist, whether lawyer, economist academic, or government policymaker, taxation policy, you’ll find The Elgar Guide to Tax Systems of considerable value and interest, particularly if your work involves cross-border or global tax issues. . . Each of the papers is structured in much the same way, with an introduction, conclusion and typically a lengthy bibliography at the end for further reading and research. And there is a detailed index at the back, plus a really useful list of abbreviations to facilitate ease of use. As taxation policy can be crucial to political survival in so many instances, this book of collective wisdom, we’ve no doubt, will soon become a valued addition to the well stocked tax specialist’s library.’ -- Phillip Taylor MBE and Elizabeth Taylor, The Barrister MagazineTable of ContentsContents: Introduction Emilio Albi and Jorge Martinez-Vazquez 1. Tax Systems in the OECD: Recent Evolution, Competition, and Convergence Vito Tanzi 2. Direct versus Indirect Taxation: Trends, Theory, and Economic Significance Jorge Martinez-Vazquez, Violeta Vulovic and Yongzheng Liu 3. Individual Income Taxation: Income, Consumption, or Dual? Robin Boadway 4. The Challenges of Corporate Income Taxes in a Globalized World Emilio Albi 5. Wealth and Wealth Transfer Taxation: A Survey Helmuth Cremer and Pierre Pestieau 6. Value-Added Tax: Onward and Upward? Jorge Martinez-Vazquez and Richard M. Bird 7. The Economics of Excise Taxation Sijbren Cnossen 8. The Scale and Scope of Environmental Taxation Agnar Sandmo 9. Financing Subnational Governments with Decentralized Taxes Roy Bahl 10. The Administration of Tax Systems John Hasseldine 11. Political Regimes, Institutions, and the Nature of Tax Systems Stanley L. Winer, Lawrence W. Kenny, and Walter Hettich 12. Tax System Change and the Impact of Tax Research Richard M. Bird Index
£192.00
Edward Elgar Publishing Ltd Deficits Debt and Democracy
Book SynopsisEconomists interested in public finance, public policy and political economy along with scholars of political science, public administration, law and political philosophy will find this book intriguing.Trade ReviewDeficits, Debt, and Democracy is an important book which should hopefully shakeup public finance. Wagner's focus on the entanglement of politics and markets and on budgetary outcomes as the products of competition and spontaneous ordering on the fiscal commons is insightful. His framework provides plausible explanations for observed budgetary outcomes (e.g., persistent deficits) and casts serious doubt on continued efforts to correct them. It also injects a welcome degree of complexity to an area which for far too long has been treated as relatively easy to model. As such, it is a welcome addition to the literature, and presents a formidable challenge to those who would espouse the merits and conclusions of more traditional approaches.' --George R. Crowley, Review of Austrian Economics'With Wagner's book, we now have a theoretical ice pick to pierce through the obvious outcomes on the surface to get a glimpse at the processes behind it.' --Wolf von Laer, Journal of the History of Economic Thought'Richard Wagner's Deficits, Debt, and Democracy: Wrestling with Tragedy on the Fiscal Commons is essentially a sequel to his 2007 book, Fiscal Sociology and the Theory of Public Finance. . . Wagner's framework merits wide attention. Specialists in public choice or public nance should put both Deficits, Debt and Democracy and Fiscal Sociology at the top of their reading lists. Wagner's framework could shed light on a great many questions beyond public finance, leading one to hope that this book is but one sequel in an ongoing franchise.' --Adam Martin, Zentralblatt MATHTable of ContentsContents: Preface 1. Budgeting: The Elusive Quest for Fiscal Responsibility 2. Budgeting and Political Economy: A Theoretical Framework 3. Budget Deficits, Ricardian Equivalence, and Macro–Micro Supervenience 4. Property Rights, Societal Tectonics, and the Fiscal Commons 5. Parliamentary Assemblies as Peculiar Market Bazaars 6. Taxation, Fiscal Politics, and Political Pricing 7. Regulation as Alternative Taxation 8. Public Finance for a Constitution of Liberty Bibliography Index
£93.00
Edward Elgar Publishing Ltd Growing the Productivity of Government Services
Book SynopsisHowever, Dunleavy and Carrera show for the first time how complex are the factors affecting productivity growth in government organizations – especially management practices, use of IT, organizational culture, strategic mis-decisions and political and policy churn.Trade ReviewDunleavy and Carrera have performed a difficult, burdensome, original, practical and innovative service to the public sector practitioners and academic observers of public administration and public sector management. This is a book that simply had to be written, but it took a colossal amount of time, effort and experience to do so, and to do it so well. --LSE Review of BooksThis is an innovative book that aims to address lacunae in both the public administration and management literature. It is an informed disquisition on how to measure and thence to increase productivity in the delivery of public services. . . . The book is both an original research-based treatise and a practical guide to action. In this reader's eyes it is required reading for both academics and practitioners. . . . Dunleavy and Carrera have performed a difficult, burdensome, original, practical and innovative service to the public sector practitioners and academic observers of public administration and public sector management. This is a book that simply had to be written, but it took a colossal amount of time, effort and experience to do so, and to do it so well. --LSE review of booksThis is an important book, one that should be read by academics and practitioners alike. . . The authors address what is a central issue both for academic public administration and for the ''real thing''. How can the productivity of governments be improved? Given the large sizes of public sectors throughout the OECD [this question] has become an absolutely vital one. The field of public administration and public policy needs more work like this - academically thorough, yet hard-hitting, policy-relevant and willing to come forward with broad proposals for improving how governments run their (our) affairs. --Christopher Pollitt, International Review of Administrative SciencesTable of ContentsContents: Preface 1. Introduction: Why has Government Productivity been so Neglected in Economics and Public Management? Part I: Nationally Provided Government Services 2. Studying National Agencies’ Productivity 3. Rapid Productivity Growth – Customs Regulation 4. Growing Productivity Gradually – Tax Services 5. How Productivity can Remain Unchanged Despite Major Investments – Social Security 6. Broadening the Picture – Two National Regulatory Agencies Part II: Analysing Decentralized Government Services 7. Methods and Quality Issues in Analysing Complex and Localized Services 8. Hospital Productivity in England’s National Health Service Part III: Sustainable Increases in Productivity 9. Embracing Digital Change and Enhancing Organizational Learning 10. Pushing through to Productivity Advances References Index
£132.29
Edward Elgar Publishing Ltd Modelling the Composition of Government
Book SynopsisThe composition of government expenditure varies considerably across countries. The aim of this book is to explore the choice of expenditure using a range of modelling approaches.Trade Review‘. . . this book provides very useful groundwork for modelling the composition of government spending. Scholars with a desire to explore and explain the future of public finances will find this a helpful launching pad.’ -- Cameron A. Shelton, Jahrbucher fur Nationalokonomie und StatistikTable of ContentsContents: Part I: Introduction 1. Introduction 2. Alternative Choice Mechanisms Part II: Voting Models 3. Transfer Payments and Public Goods 4. The Role of Home Production 5. An Overlapping Generations Framework Part III: Optimal Choice 6. The Optimal Expenditure Composition 7. Education, Public Goods and Transfers 8. The Overlapping Generations Context Part IV: A General Equilibrium Model 9. A General Equilibrium OLG Model Bibliography Index
£94.00
Edward Elgar Publishing Ltd Cartels Competition and Public Procurement Law
Book SynopsisCartels, Competition and Public Procurement uses a law and economics approach to analyse whether competition and public procurement laws in Europe and Asia deal effectively with bid rigging conspiracies.Trade ReviewThis volume is long overdue. Integrated legal and economic analysis of competition law is crucial given the nature of the sector. However to carry this off successfully, one either needs intensive editorial work to bring different teams together; or one has to rely on the few who master both economic and legal analysis to a tee. Stefan Weishaar's analysis not only looks at a stubborn issue in competition law. He does so in three jurisdictions, in detailed yet clear fashion, with clear insight and ditto conclusions. Over and above its relevance to academic analysis, this book can go straight into competition authorities' decision making, and therefore also in compliance and remediation advice. --Geert Van Calster, University of Leuven, BelgiumThis new book by Stefan E. Weishaar offers a broad perspective and a clear and easy-to-follow law and economics approach to bid rigging . . . Weishaar's Cartels, Competition and Public Procurement: Law and Economics Approaches to Bid Rigging would be highly desirable. Definitely a book worth reading. --Dr Albert Sanchex Graells, European Competition Law ReviewTable of ContentsContents: 1. Introduction Part I: Economic Theory 2. Economic Theory on Optimal Deterrence and Enforcement 3. Industrial Economics 4. Auction Theory and Collusion Part II: Legal Analysis 5. The Effectiveness of the Legal Regime Applicable to Bid Rigging in the European Union 6. Application of Auction Theory in Europe 7. The Effectiveness of the Legal Regime Applicable to Bid Rigging in China 8. Application of Auction Theory in China 9. The Effectiveness of the Legal Regime Applicable to Bid Rigging in Japan 10. The Japanese Construction Sector 11. Limits of Economic Theories and Concluding Remarks Appendix 1. Europe – An Overview of Public Procurement Law Appendix 2. China – An Overview of Public Procurement Law Appendix 3. History of Japanese Antitrust Legislation References Index
£120.00
Edward Elgar Publishing Ltd Tax and Transfer Tensions
Book SynopsisThis rigorous yet lucid book is concerned with the analysis of tax design and the problems involved in choosing a tax and transfer structure.Table of ContentsContents: Part I: Introduction 1. Introduction and Outline Part II: Theory and Policy 2. Tax and Transfer Tensions 3. Income Tax Structure: Theory and Policy Part III: Tax Functions and Choices 4. The Linear Tax Function 5. Choosing a Linear Income Tax Rate 6. A Loglinear Tax Function 7. A Tax-Free Threshold 8. In-Work Payment With Hours Threshold 9. Welfare-Improving Tax Reforms 10. The Elasticity of Marginal Valuation Part IV: Tax Revenue 11. Fiscal Drag and Revenue Elasticities 12. The Elasticity of Taxable Income 13. Changes in Income Tax Revenue 14. Tax Revenue and Lorenz Curves Part V: Tax Reviews 15. The NZ Tax Working Group 16. The IFS and Tax Design Bibliography Index
£124.00