Principled agents?: the political economy of good government
In: The Lindahl lectures
142 Ergebnisse
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In: The Lindahl lectures
World Affairs Online
In: Discussion paper series 7306
In: Public policy
In: Discussion paper series 6934
In: Financial economics
In: NBER working paper series 13028
Economists generally assume the existence of sufficient institutions to sustain a market economy and tax the citizens. However, this starting point cannot easily be taken for granted in many states, neither in history nor in the developing world of today. This paper develops a framework where "policy choices", regulation of markets and tax rates, are constrained by "economic institutions", which in turn reflect past investments in legal and fiscal state capacity. We study the economic and political determinants of these investments. The analysis shows that common interest public goods, such as fighting external wars, as well as political stability and inclusive political institutions, are conducive to building state capacity. Preliminary empirical evidence based on cross-country data find a number of correlations consistent with the theory.
In: NBER working paper series 11484
In: Discussion papers in economics 177
In: Policy, research, and external affairs working papers 385
In: Poverty
In: Oxford review of economic policy, Band 37, Heft 4, S. 720-733
ISSN: 1460-2121
Abstract
This paper argues that a distinctive form of capitalism, cohesive capitalism, emerged in the post-war period supporting the wellbeing of its citizens through building state capacities alongside open and democratic forms of government. The paper identifies a range of threats that this model now faces and speculates on what it would take, particularly in terms of international cooperation, to respond to them.
In: LSE public policy review, Band 2, Heft 1
ISSN: 2633-4046
In: Foreign affairs, Band 91, Heft 1
ISSN: 0015-7120
Three new books look at poverty from the bottom up, painting a vivid portrait of the lives poor people live. In focusing on individual behavior, however, the books neglect a crucial political question: how to get governments to improve the situation. Adapted from the source document.
In: Foreign affairs, Band 91, Heft 1, S. 160-167
ISSN: 0015-7120
In: Foreign affairs, Band 91, Heft 1, S. 160-167
ISSN: 0015-7120
In: Foreign affairs, Band 91, Heft 1, S. 160-167
ISSN: 0015-7120
In: Quarterly journal of political science: QJPS, Band 3, Heft 4, S. 379-397
ISSN: 1554-0634