Search Results for "principled-agents-the-political-economy-of-good-government-the-lindahl-lectures"

Principled Agents?

Principled Agents?

The Political Economy of Good Government

  • Author: Timothy Besley
  • Publisher: Oxford University Press on Demand
  • ISBN: 019927150X
  • Category: Business & Economics
  • Page: 266
  • View: 2387
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What is good government? Why do some governments fail? How do you implement political accountability in practice? What incentives do you need to put in place to ensure that politicians and public servants act in the public interest and not their own? These questions and many more are addressed in Timothy Besley's intriguing Lindahl lectures. Economic analyses of government usually divide into two broad camps. One which emphasizes government as a force for public good that can regulate markets, distribute resources and generally work towards improving the lives of its citizens. The other sees government as driven by private interests, susceptible to those with the power to influence its decisions and failing to incentivize its officials to act for the greater public good. This book adopts a middle way between the two extremes, the Publius approach, which recognizes the potential for government to act for the public good but also accepts the fact that things often go wrong. It shares the view that there are certain institutional preconditions for effective government but then proceed to examine exactly what those preconditions are. Timothy Besley emphasises that it is not just about designing an appropriate institutional framework but also about understanding the way incentives work and the process by which the political class is selected.

From Optimal Tax Theory to Tax Policy

From Optimal Tax Theory to Tax Policy

Retrospective and Prospective Views

  • Author: Robin Boadway
  • Publisher: MIT Press
  • ISBN: 0262300931
  • Category: Business & Economics
  • Page: 304
  • View: 2587
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Many things inform a country's choice of tax system, including political considerations, public opinion, bureaucratic complexities, and ideas drawn from theoretical analysis. In this book, Robin Boadway examines the role of optimal tax analysis in informing and influencing tax policy design. Scholars of public economics formulate models of optimal tax-transfer systems based on normative principles that reflect efficiency and equity considerations. They use that analysis to form views about the optimal design or reform of actual tax systems that are much more complicated than their models. Boadway argues that there is an important symbiosis between ideas drawn from normative tax analysis and tax policies actually enacted. Ideas germinated by normative analyses have led to the widespread adoption of the value-added tax, the use of refundable tax credits, and various business tax reforms. Other ideas provide rationales for existing features of tax systems, including the tax treatment of retirement savings and human capital investment. Boadway charts the evolution of optimal tax analysis and discusses the lessons it holds for tax policy. He describes the theoretical challenges posed by recent findings in such fields as behavioral economics and social choice and considers how optimal tax analysis might adapt to these new paradigms. His analysis offers a timely assessment of the role that optimal tax theory has played in establishing the principles that continue to inform tax policy.

Drivers of Corruption

Drivers of Corruption

A Brief Review

  • Author: Tina Søreide
  • Publisher: World Bank Publications
  • ISBN: 1464804028
  • Category: Law
  • Page: 92
  • View: 8723
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This report provides an overview of arguments explaining the risk of corruption. Corrupt acts are subject to decision making authority and assets available for grabbing. These assets can be stolen, created by artificial shortage, or become available as the result of a market failure. Assets that are especially exposed to corruption include profits from the private sector, revenues from the export of natural resources, aid and loans, and the proceeds of crime. Whether or not opportunities for corruption are exploited depends on the individuals involved, the institution or society they are part of, and the law enforcement circumstances. Corruption usually persists in situations in which players are aware of the facts but nonetheless condone the practice. Absence of reaction can result from information asymmetries (in which the people who are supposed to act are not aware of the need to act), coordination failure, patronage-determined loyalty, and incentive problems at the political level. This review of results and insights from different parts of the scholarly literature on corruption focuses on areas where research can guide anticorruption policy. The report also describes a number of corruption-related challenges in need of more attention from researchers.

Handbook of Multilevel Finance

Handbook of Multilevel Finance

  • Author: Ehtisham Ahmad,Giorgio Brosio
  • Publisher: Edward Elgar Publishing
  • ISBN: 0857932292
  • Category: Business & Economics
  • Page: 672
  • View: 3544
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This Handbook explores and explains new developments in the _second generation‘ theory of public finance, in which benevolent rulers and governments have been replaced by personally motivated politicians and the associated institutions. Following a com

Corruption, Grabbing and Development

Corruption, Grabbing and Development

Real World Challenges

  • Author: Tina Søreide,Aled Williams
  • Publisher: Edward Elgar Publishing
  • ISBN: 1782544410
  • Category: Social Science
  • Page: 232
  • View: 7784
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The book's sixteen case studies explore why certain practices constitute forms of grabbing, what implications they have for the achievement of development goals, and how policy options should take the characteristics of grabbing into account.

Essays on the Political Economy of Corruption and Environmental Regulation in Brazil

Essays on the Political Economy of Corruption and Environmental Regulation in Brazil

  • Author: Claudio Ferraz do Amaral
  • Publisher: N.A
  • ISBN: N.A
  • Category:
  • Page: 288
  • View: 8398
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The asymmetry of information between voters and policymakers is a central feature of the political process. Voters do not observe politicians' actions and their interests are not always aligned with politicians objectives. Hence, elections play an important role by making politicians accountable for poor performance. However, political accountability might also induce distortions if policymakers adopt excessively popular policies near election periods. This thesis examines the relationship between political incentives, corruption, and the implementation of regulatory policies using a framework from political agency models and unique datasets on municipal corruption and environmental regulation from Brazil.

Losing Control

Losing Control

The Emerging Threats to Western Prosperity

  • Author: Stephen D. King
  • Publisher: N.A
  • ISBN: N.A
  • Category: Business & Economics
  • Page: 279
  • View: 2189
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Argues that the future will bring major redistribution of wealth and power around the world, which will result in social and political consequences in the United States and Europe, when the population that is accustomed to living in prosperity must stop living beyond their means.

Lectures

Lectures

  • Author: N.A
  • Publisher: N.A
  • ISBN: N.A
  • Category: Humanities
  • Page: N.A
  • View: 2653
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The Journal of Political Economy

The Journal of Political Economy

  • Author: N.A
  • Publisher: N.A
  • ISBN: N.A
  • Category: Economics
  • Page: N.A
  • View: 3544
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Deals with research and scholarship in economic theory. Presents analytical, interpretive, and empirical studies in the areas of monetary theory, fiscal policy, labor economics, planning and development, micro- and macroeconomic theory, international trade and finance, and industrial organization. Also covers interdisciplinary fields such as history of economic thought and social economics.

Journal of Economic Literature

Journal of Economic Literature

  • Author: N.A
  • Publisher: N.A
  • ISBN: N.A
  • Category: Economics
  • Page: N.A
  • View: 1665
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