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Books > Business & Economics > Finance & accounting > Finance > Public finance > General

Monetary Union in South America - Lessons from EMU (Hardcover, illustrated edition): Philip Arestis, Luiz Fernando de Paula Monetary Union in South America - Lessons from EMU (Hardcover, illustrated edition)
Philip Arestis, Luiz Fernando de Paula
R1,971 Discovery Miles 19 710 Shipped within 7 - 12 working days

The integration process of `The Common Market of the South' (MERCOSUR) has been characterized by serious economic turbulence, including the devaluation of the Brazilian currency and the severe Argentinean monetary crisis. As a response to these difficulties, the adoption of monetary union has emerged as one possible solution to the financial uncertainty which has plagued this region. Whereas some believe MERCOSUR should become a free trade area, others are convinced that nothing less than full monetary union can bring stability to the region and ease the financial fragility of the member countries. This book discusses the future of MERCOSUR, focusing on monetary union and macroeconomic policy co-ordination, and addresses a number of important questions including: * is it possible, or even desirable, to achieve monetary integration? * what would the pre-conditions be for establishing such a union? * what would the convergence criteria be for joining the monetary union? * what are the expected economic consequences for the member countries? These questions are all addressed with particular reference to the experience of EMU and the lessons which can be learnt by MERCOSUR countries, in terms of the difficult transitions they may have to face. The book brings together a host of distinguished British, Argentinean and Brazilian economists to elucidate the critical policy issues surrounding the merits of monetary union in South America. Financial economists, international monetary economists, international relations experts, academics and practitioners interested in the issues surrounding economic and monetary union will all value the perceptive insights found in this volume.

Restructuring Local Government Finance in Developing Countries - Lessons from South Africa (Hardcover): Roy W. Bahl, Paul Smoke Restructuring Local Government Finance in Developing Countries - Lessons from South Africa (Hardcover)
Roy W. Bahl, Paul Smoke
R2,425 Discovery Miles 24 250 Shipped within 7 - 12 working days

Examining cutting-edge issues of international relevance in the ongoing redesign of the South African local government fiscal system, the contributors to this volume analyze the major changes that have taken place since the demise of apartheid. The 1996 Constitution and subsequent legislation dramatically redefined the public sector, mandating the development of democratic local governments empowered to provide a wide variety of key public services. However, the definition and implementation of new local functions and the supporting democratic decision-making and managerial capabilities are emerging more slowly than expected. Some difficult choices and challenges commonly faced by developing countries must be dealt with before the system can evolve to more effectively meet the substantial role envisioned for local governments. The contributors outline these choices and challenges, consider options for meeting them, and review the implications of different decisions. Their analyses also highlight the interrelationships among the elements of the local fiscal structure, and emphasize the often-ignored challenge of how to define an appropriate fiscal decentralization implementation strategy in an environment where local governments are extremely diverse in terms of needs, resources and capacities. Though the research, much of it based on newly collected data, is specific to South Africa, the approach provides a model for other countries facing similar fiscal decentralization policy challenges. Applied public finance and policy academics, policymakers in developing countries, researchers and program managers in international development organizations, and students interested in local government finance in developing countries will find this timely and comprehensive volume a valuable addition to their libraries.

Prosperity and Public Spending - Transformational growth and the role of government (Paperback): Edward Nell Prosperity and Public Spending - Transformational growth and the role of government (Paperback)
Edward Nell
R797 Discovery Miles 7 970 Shipped within 7 - 12 working days

In a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This "transformational growth" brings about irreversible and sometimes devastating changes, requiring government action. Professor Nell argues that a lack of government action in the decade prior to the book's initial publication was responsible for the stagnation of the economy and he asserts that this could only be overcome by a determined policy intervention and the political will to achieve dominance over private capital.

Reinventing Functional Finance - Transformational Growth and Full Employment (Hardcover, illustrated edition): Edward J. Nell,... Reinventing Functional Finance - Transformational Growth and Full Employment (Hardcover, illustrated edition)
Edward J. Nell, Mathew Forstater
R2,601 Discovery Miles 26 010 Shipped within 7 - 12 working days

This ambitious book seeks both to revive and revise the idea of `functional finance'. Followers of this doctrine believe that government budgets should concentrate solely on their macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline. Reinventing Functional Finance examines the origins of this idea and then considers it in a modern context. The authors explore the concept of NAIRU and argue that modern economies can operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do not have the deleterious effects commonly ascribed to them; the belief that they do rests on a misunderstanding of modern money. In this context, they highlight the relevance of Abba Lerner's famous dictum, `money is a creature of the State'. The authors also debate the merits of various proposals for `Employer of Last Resort' programs, which combine automatic stabilizers with the buffer stock principle. The book boasts an array of eminent contributors which includes, amongst others, James Duesenberry, Robert Eisner, Robert Heilbroner, Richard Musgrave, Edward Nell and Randall Wray. Financial economists, politicians, policymakers and bankers will welcome this provocative and refreshing book which challenges established economic thinking.

State and Local Finances Under Pressure (Hardcover, illustrated edition): David L. Sjoquist State and Local Finances Under Pressure (Hardcover, illustrated edition)
David L. Sjoquist
R2,553 Discovery Miles 25 530 Shipped within 7 - 12 working days

State and Local Finances under Pressure explores the future of state and local government fiscal systems given the numerous pressures they face from economic, legal, technological, demographic and political forces. It explores how these multiple forces play out in terms of the changes state and local governments should and are likely to make. The contributors argue that state and local governments must make substantial changes and that failure to act is likely to result in adverse effects and increasing pressures for modifications that are more difficult to implement and more politically unpalatable. Without reform, state and local fiscal systems will grow increasingly out of sync with economic reality. The authors suggest that government responses are likely to be evolutionary, but that in 25 years the recorded changes will be substantial. The first chapter provides a historic perspective of state and local fiscal trends. Each of the subsequent chapters describes the nature of one of the pressures state and local governments face including: political and legal forces, globalization of business, demographic and technological changes, deregulation of utilities, and urban sprawl. Policymakers, economists, political scientists, fiscal policy analysts and public administrators will find this comprehensive book of interest.

Political Economy and Public Finance - The Role of Political Economy in the Theory and Practice of Public Economics (Paperback,... Political Economy and Public Finance - The Role of Political Economy in the Theory and Practice of Public Economics (Paperback, New edition)
Stanley L. Winer, Hirofumi Shibata
R733 Discovery Miles 7 330 Shipped within 7 - 12 working days

There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches. Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a `failure' in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution. The distinguished list of authors, many of whom are pre-eminent in their fields, includes Robin Boadway, Geoffrey Brennan, Albert Breton, Anibal Cavaco Silva, Walter Hettich, Gebhard Kirchgassner, Dennis Mueller, William Niskanen, Hirofumi Shibata, Eugene Smolensky, Heinrich Ursprung, Frans van Winden, Stanley Winer and Donald Wittman. The importance of political economy to any understanding of why public policy evolves as it does is now widely accepted by public finance scholars and practitioners. This book goes a step further by considering the role of collective choice in defining what constitutes `good' or `better' policy. It will be an essential companion for all scholars of public finance and political economy.

Prosperity and Public Spending - Transformational growth and the role of government (Hardcover): Edward Nell Prosperity and Public Spending - Transformational growth and the role of government (Hardcover)
Edward Nell
R2,545 Discovery Miles 25 450 Shipped within 7 - 12 working days

In a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This "transformational growth" brings about irreversible and sometimes devastating changes, requiring government action. Professor Nell argues that a lack of government action in the decade prior to the book's initial publication was responsible for the stagnation of the economy and he asserts that this could only be overcome by a determined policy intervention and the political will to achieve dominance over private capital.

Political Economy and Public Finance - The Role of Political Economy in the Theory and Practice of Public Economics... Political Economy and Public Finance - The Role of Political Economy in the Theory and Practice of Public Economics (Hardcover)
Stanley L. Winer, Hirofumi Shibata
R2,189 Discovery Miles 21 890 Shipped within 7 - 12 working days

There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches. Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a `failure' in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution. The distinguished list of authors, many of whom are pre-eminent in their fields, includes Robin Boadway, Geoffrey Brennan, Albert Breton, Anibal Cavaco Silva, Walter Hettich, Gebhard Kirchgassner, Dennis Mueller, William Niskanen, Hirofumi Shibata, Eugene Smolensky, Heinrich Ursprung, Frans van Winden, Stanley Winer and Donald Wittman. The importance of political economy to any understanding of why public policy evolves as it does is now widely accepted by public finance scholars and practitioners. This book goes a step further by considering the role of collective choice in defining what constitutes `good' or `better' policy. It will be an essential companion for all scholars of public finance and political economy.

The Economics of Budget Deficits (Hardcover): Charles K. Rowley, William F. Shughart II, Robert D. Tollison The Economics of Budget Deficits (Hardcover)
Charles K. Rowley, William F. Shughart II, Robert D. Tollison
R9,989 Discovery Miles 99 890 Shipped within 7 - 12 working days

The Economics of Budget Deficits provides a comprehensive overview of the scholarly literature exploring the causes and consequences of deficit spending and the public debt. Incorporating classical, Keynesian and public choice analyses of debt-financed public expenditures, the two volumes contain major theoretical and empirical contributions to the debate. They cover such critical fiscal policy issues as the history and measurement of budget deficits, the question of who bears the burden of the public debt, the use of deficits to solve problems of dynamic policy inconsistency and the relative effectiveness of fiscal rules and constitutional constraints as mechanisms for achieving budget balance. The editors provide an authoritative introduction to the two volumes and separate overviews of each of the seven parts. The Economics of Budget Deficits is an indispensable reference for all scholars and students interested in fiscal policy and for all policymakers.

Private Initiatives in Infrastructure - Priorities, Incentives and Performance (Hardcover, UK ed.): Sanford V. Berg, Michael G.... Private Initiatives in Infrastructure - Priorities, Incentives and Performance (Hardcover, UK ed.)
Sanford V. Berg, Michael G. Pollitt, Masatsugu Tsuji
R2,189 Discovery Miles 21 890 Shipped within 7 - 12 working days

Public-private collaboration in infrastructure projects takes place in a variety of institutional frameworks worldwide. This volume considers the different cultural, political and legal settings in the US, UK, Japan and other countries and regions where policymakers are reconsidering traditional mechanisms for raising and deploying capital. By focusing on concrete examples in specific countries, the editors and contributors draw useful lessons for strong sector performance in telecommunications, power, water and social infrastructure. Innovative strategies that work can be modified and refined in other sectors and other countries. Going beyond ideological debate, this volume presents a pragmatic approach to best practice, one that combines market-oriented solutions with governmental oversight according to the specific cultural and institutional situations. Regulators, academics, policymakers, politicians, and students in public policy, finance and economics will find this volume practical and original.

Federal Intergovernmental Grants and the States - Managing Devolution (Hardcover): Shama Gamkhar Federal Intergovernmental Grants and the States - Managing Devolution (Hardcover)
Shama Gamkhar
R1,969 Discovery Miles 19 690 Shipped within 7 - 12 working days

This book provides a long-term perspective on policies regarding intergovernmental grants in the US since the 1970s. This period spans six presidential administrations and encompasses a diverse set of political and economic conditions. Containing original research, this book contributes to critical assessments of intergovernmental grant issues such as: * whether state and local government spending responds symmetrically to increases or decreases in federal aid * the effects of converting categorical grants to block grants on program spending; and * the political economy of federal aid distribution. The author's empirical analyses are based on a unique data set of US federal intergovernmental grants and cover a range of programs, including transportation, substance abuse prevention and treatment, and community development and welfare. The book is a rich source of material on intergovernmental grants and fiscal relations for scholars and practitioners in public policy, political science, economics and public finance.

Local Public Finance in Europe - Balancing the Budget and Controlling Debt (Hardcover, illustrated edition): Bernard Dafflon Local Public Finance in Europe - Balancing the Budget and Controlling Debt (Hardcover, illustrated edition)
Bernard Dafflon
R2,431 Discovery Miles 24 310 Shipped within 7 - 12 working days

Most countries apply some form of restrictions to local government budgeting and borrowing, but in various forms and to varying degrees. These restrictions are considered necessary components of a fiscal federalism involving some sort of central government control in local affairs, a design which can be termed `administrative federalism'. In this comprehensive book Bernard Dafflon introduces the reader to the institutional complexities of fiscal controls in European local public finance. The authors comprehensively explore the issues of government budgeting and borrowing, with the ultimate aim of understanding how mechanisms of fiscal discipline are established and function. Ten European countries are scrutinised on the basis of ten key issues including local budgetary policy-making, the policy effects of local budget deficits and public debt, the rules of amortisation and debt instalment, whether extensive fiscal controls promote budget accountability and discipline, and how the Maastricht criteria concerning deficit and debt can be implemented. They go on to highlight the complicated mix of rules, administrative routines and co-operative arrangements through which each country implements their individual budget controls. Although these arrangements have been successful in avoiding serious fiscal imbalance in the last twenty years, the authors argue that their impact on the broader goals of the government sector remains a more contentious question. This book offers a broad understanding of the rich institutional variations and elaborate fiscal designs in Europe from a comparative perspective. It will be welcomed by political scientists, public sector managers and economists, and scholars, practitioners and advanced students of public policy and fiscal studies.

Financing Transportation Networks (Hardcover): David M Levinson Financing Transportation Networks (Hardcover)
David M Levinson
R2,044 Discovery Miles 20 440 Shipped within 7 - 12 working days

Pollution, alternative fuels, congestion, intelligent transportation systems, and the shift from construction to maintenance all call for a reconsideration of the existing highway revenue mechanisms, especially the gas tax. David Levinson explores the fundamental theoretical basis of highway finance, in particular the use of tolls, and supports that theory with empirical evidence. The author examines highway finance from the perspective of individual jurisdictions and travellers, and considers their interactions rather than specifying a single optimal solution. Congestion pricing has long been a goal of transportation economists, who believe it will result in a more efficient use of resources. Levinson argues that if the governance were to become more decentralized, and collection costs continue to drop, tolls could return to prominence as the preferred means of financing roads for both local and intercity travel. An approach that creates the local winners necessary to implement road pricing is required before it can be expected to become widespread. Economists, civil engineers, planners, students and policymakers will find this detailed examination of transportation networks enlightening and useful.

Public Subsidies and Policy Failures - How Subsidies Distort the Natural Environment, Equity and Trade and How to Reform Them... Public Subsidies and Policy Failures - How Subsidies Distort the Natural Environment, Equity and Trade and How to Reform Them (Hardcover)
C. van Beers, Aldo De Moor
R1,967 Discovery Miles 19 670 Shipped within 7 - 12 working days

The allocation of subsidies is often regarded as a fundamental role of governments in order to realise and maintain benefits to society. The possibility that public subsidies could actually be counterproductive contradicts common perception. The authors of this challenging book present recent evidence which, in their view, suggests that subsidies may in fact turn out to be a contemporary plague. Public Subsidies and Policy Failures provides extensive analysis of the theory and political economy of public support policies, demonstrating how subsidies can harm the environment, distort trade, and benefit those in society who do not require support. Furthermore, they often fail to achieve the desired and expected goals. The authors employ a theoretical framework to illustrate the impact of subsidies on developed and developing economies, as well as on international trade. They examine public subsidies in various natural resource and industrial sectors and discover that many turn out to be policy failures. They also investigate the various barriers and lock-in mechanisms by which subsidies become entrenched in economic and political structures. The book goes on to propose concrete actions, policy strategies and international `Grand Deals' which will engender effective subsidy reforms. Scholars, researchers and students will welcome this rigorous investigation into the political and economic costs and benefits of public subsidies. International trade organisations and policymakers will also benefit from the strategic emphasis.

Paying for Progress in China - Public Finance, Human Welfare and Changing Patterns of Inequality (Paperback): Vivienne Shue,... Paying for Progress in China - Public Finance, Human Welfare and Changing Patterns of Inequality (Paperback)
Vivienne Shue, Christine Wong
R790 Discovery Miles 7 900 Shipped within 7 - 12 working days

China's stunning record of economic development since the 1970s has been marred by an increasingly obvious gap between the country's `haves' and its `have-nots'. While people living in some parts of the country have enjoyed dramatically improved conditions of life, those in other districts and regions have slipped ever further behind in terms of access to health, wealth, education, security and opportunity. Paying for Progress in China is a collection of essays which trace the causes of this growing inequality, using new data including surveys, interviews, newly available official statistics and in-depth fieldwork. Their findings expose the malfunctioning of China's `broken' intergovernmental fiscal system, which has exacerbated the disequalizing effects of emerging market forces. Whilst the government's deliberately `pro-poor' development policies have in recent years sought to reduce the gap between rich and poor, both markets, and also state institutions and policies, are continuing to create perverse equity outcomes across the country, confounding hopes for better-balanced and more inclusive growth in China. The interdisciplinary approach of this collection, incorporating work by economists, sociologists and political scientists, makes it a valuable resource for students of contemporary Chinese political economy and social development.

The Economics of Defence (Hardcover, New edition): Keith Hartley, Todd Sandler The Economics of Defence (Hardcover, New edition)
Keith Hartley, Todd Sandler
R15,097 Discovery Miles 150 970 Shipped within 7 - 12 working days

This three-volume set presents over 100 of the most influential articles in defence economics, which have been selected for their enduring value and importance and for their contribution to an understanding of the field. Topics covered in volume I include definitions of the field of defence economics, an examination of the demand side of defence economics, including the demand for military expenditures and the study of alliances, and an exploration of the impacts of defence spending on growth and development. Volume II examines the supply side of the subject, and covers the military production function, military personnel and weapon procurement. The supply side is further addressed in Volume III, which covers the defence industrial base, learning curves, costs, pricing and profits, industrial policies and the arms trade. This volume also discusses disarmament, conversion, peace and public policy and concludes with a section on non-conventional conflicts such as terrorism, insurrections and revolutions.

Welfare Economics (Hardcover): William J. Baumol, Charles A Wilson Welfare Economics (Hardcover)
William J. Baumol, Charles A Wilson
R18,101 Discovery Miles 181 010 Shipped within 7 - 12 working days

This major three-volume work contains key papers which reflect the innovation and imagination that has characterised the field of welfare economics during the last 50 years. The selections range from literary treatments to the most advanced mathematical presentation. However, all readers, regardless of their mathematical sophistication or methodological predilections, will find a large number of the papers interesting and worthwhile in giving an overview of the present state of welfare economics and providing guides to the literature specialities of particular interest.

Income Maintenance Policy (Hardcover): Michael Hill Income Maintenance Policy (Hardcover)
Michael Hill
R4,948 Discovery Miles 49 480 Shipped within 7 - 12 working days

This authoritative collection, which includes a new introduction surveying the fields, contains key contributions from the comparative literature on the politics of income maintenance policy. In recent years theoretical work has been dominated by Gosta Esping-Andersen's regime theory. This volume demonstrates how that theory, together with arguments on convergence and path-dependency, has been applied to the comparative study of income maintenance policy. It highlights issues about the difference between social insurance and social assistance and about the important differences in the way women and families are treated. The collection looks at the literature that seeks to explain cutbacks, or their absence, highlighting issues about pensions policy. Income Maintenance Policy will be an invaluable source of literature for researchers, students and policymakers alike.

Education Matters - Selected Essays by Alan B. Krueger (Hardcover, illustrated edition): Alan B. Krueger Education Matters - Selected Essays by Alan B. Krueger (Hardcover, illustrated edition)
Alan B. Krueger
R2,931 Discovery Miles 29 310 Shipped within 7 - 12 working days

Education Matters presents in one volume many of Alan B. Krueger's contributions to the economics of education. This invaluable collection of papers, based on his groundbreaking research from the 1990s, has been published in a wide range of professional outlets and has influenced public policy and research in the US and throughout the world. The book opens with an introductory essay explaining the importance of the study of the economics of education as well as providing an overview of the book. The author then goes on to discuss and analyse the important topics in the economics of education, including the economic pay off from attending school for longer, the return to investments in school resources, causes of the increased pay off to education, the contribution of education to economic growth, and racial differences in school quality and their consequences. The final chapter provides a framework for evaluating schools. This fascinating collection of work, from a writer at the forefront of economics and educational research, will be warmly welcomed by academics in the areas of human capital, economics and public policy, as well as by educational policymakers.

The Economics of Public Spending - Debts, Deficits and Economic Performance (Hardcover): Hassan Bougrine The Economics of Public Spending - Debts, Deficits and Economic Performance (Hardcover)
Hassan Bougrine
R2,043 Discovery Miles 20 430 Shipped within 7 - 12 working days

This book argues that in many jurisdictions free market advocates have resorted to public sector downsizing and privatization as a means of alleviating problems of unemployment and slow economic growth and that, as a consequence, the strategy of reducing public deficits, balancing budgets and achieving surpluses has become widely accepted as the only road to prosperity. The Economics of Public Spending shows in clear and simple terms that the strategy of public sector downsizing is based on a misleading conception of public finance. The book dispels several myths about public deficits and debts, offering alternative approaches to fiscal and monetary policies. The contributors argue convincingly and authoritatively that the public sector is crucial for economic growth, that budget deficits are required for improving the performance of the private sector and that there is a real need for an economic agenda based on public deficits and low stable real interest rates in order to achieve full employment with high wages, more generous social programmes and sustainable inflation. This fascinating and challenging book will be of great interest to policymakers in government, academic researchers as well as public finance experts and economists.

The Debt Market (Hardcover, New edition): Stephen A. Ross The Debt Market (Hardcover, New edition)
Stephen A. Ross
R14,194 Discovery Miles 141 940 Shipped within 7 - 12 working days

This three-volume collection - prepared by a leading scholar and practitioner - presents the subject through a collection of important published articles on the debt market. It focuses first on the classical bond market and moves on to a discussion of rational expectations, estimation and the term structure. This is followed by the modern theory of the term structure derived from modelling the stochastic movements of interest rates. The third section discusses implementation and related subtopics including taxation and the management of interest rate risk. The final section extends the discussion to corporate bonds and mortgages.

Government Budget Forecasting - Theory and Practice (Hardcover): Evan M Berman, Jinping Sun, Thomas D. Lynch Government Budget Forecasting - Theory and Practice (Hardcover)
Evan M Berman, Jinping Sun, Thomas D. Lynch
R2,367 Discovery Miles 23 670 Shipped within 7 - 12 working days

Revenue and expenditure forecasting plays an important role in public budgeting and financial management, particularly during times of financial constraint, when citizens impose greater accountability upon government to use taxpayer dollars more efficiently. Despite its significance, revenue and expenditure forecasting is often overlooked in the budget process, and there is an imbalance between practice and research in this area. Based on the collaboration of budget scholars and practitioners, Government Budget Forecasting fulfills two purposes- Enhances the understanding of revenue and expenditure estimation both theoretically and practically Stimulates dialogue and debate among practitioners and academicians to identify good forecast practices as well as areas for improvement

Divided into four parts, this comprehensive reference first examines forecast practices at the federal, state, and local levels, utilizing case studies that include California, Texas, and Louisiana. It then explores consensus systems and risk assessment, considering political factors and the costs of forecast errors. The text concludes with a call to transparency and guidance from a code of ethics, and a look at forecasting practices in emerging countries.

The State, Business and Education - Public-Private Partnerships Revisited (Hardcover): Gita Steiner-Khamsi, Alexandra Draxler The State, Business and Education - Public-Private Partnerships Revisited (Hardcover)
Gita Steiner-Khamsi, Alexandra Draxler
R2,056 Discovery Miles 20 560 Shipped within 7 - 12 working days

Businesses, philanthropies and non-profit entities are increasingly successful in capturing public funds to support private provision of schooling in developed and developing countries. Coupled with market-based reforms that include weak regulation, control over workforces, standardization of processes and economies of scale, private provision of schooling is often seen to be convenient for both public authorities and businesses. This book examines how the public subsidization of these forms of private education affects quality, equality and the realization of human rights. With original research from leading experts, The State, Business and Education sheds light on the privatization of education in fragile circumstances. It illustrates the ways in which private actors have expanded their involvement in education as a business, and shows the influence of policy borrowing on the spread of for-profit education. Case studies from Argentina, Bangladesh, Brazil, China, India and Syrian refugee camps illustrate the ways in which private actors have expanded their involvement in education as a business. This book will be of interest not only to academics and students of international and comparative education, but also to education development professionals in both the private and public sectors, with its empirical assessment of case studies, and careful consideration of the lessons to be learned from each.

The German State Banks - Global Players in the International Financial Markets (Hardcover): Hans-Werner Sinn The German State Banks - Global Players in the International Financial Markets (Hardcover)
Hans-Werner Sinn
R1,965 Discovery Miles 19 650 Shipped within 7 - 12 working days

The German state banks - or Landesbanks - are not only some of the largest banks in Germany but are also a dominant force in the international banking sector. These state-owned banks enjoy special privileges and government support which have made them major players in the global arena of banking and finance. Protected by the German taxpayer's seemingly bottomless pockets in the form of state warranties, Landesbanks are able to take part in financing some of the largest projects in the world. They occupy nearly fifty per cent of the top places in both Moody's and Standard and Poor's international rankings. Professor Sinn critically scrutinizes the privileges of the German Landesbanks and questions the justification of government intervention in the banking sector. He predicts that European integration and the introduction of the euro will lead to a fierce take-over battle between Europe's banks. He argues that, given the state warranties, it seems likely that the German Landesbanks will be among the winners in this battle and concludes that the German public banking system has grown far larger than is appropriate for a market economy. This timely book addresses issues of concern for European bankers and policymakers alike. It will also be of interest to students and scholars of financial economics, European integration and money and banking.

The Transfer of Economic Knowledge (Hardcover): Ernst Mohr The Transfer of Economic Knowledge (Hardcover)
Ernst Mohr
R2,215 Discovery Miles 22 150 Shipped within 7 - 12 working days

This innovative book sheds new light on the various transfer processes of economic knowledge from the academic environment to the outside world. The internationally acclaimed group of authors considers the transfer of knowledge in the teaching of economics, through public policy advice, and the spread of ideas across disciplinary boundaries. The economics profession is mainly concerned with the production of economic knowledge rather than the transfer of this knowledge outside the academic economics environment. The process of the production of knowledge and its final use has not been thoroughly investigated, and so relatively little is known about how this knowledge benefits public policy, private sector decisionmaking and the transfer of ideas across the social sciences. The leading contributors, including James M. Buchanan, Bob Coates, Bruno S. Frey, Heinz Konig, Anne Krueger and Charles Wyplosz, examine the transfer of knowledge from an interdisciplinary perspective addressing psychological, sociological and cultural issues. They also look at the theoretical analysis of the transfer of economic knowledge, focusing on public choice and political economy interpretations of economic policy advice, as well as institutional and management issues of policy advice. Finally they consider the challenges of teaching economics and explore the possibility of applying the new media for transferring economic knowledge.

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