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Efficiency is the hallmark of environmental economics, and though
economists are concerned with the environment, primarily because it
challenges the efficiency of competitive markets, until now,
limited attention has been paid to distributional issues. This
excellent collection of essays identifies and addresses key issues
surrounding the inequality-environment relationship such as: * Does
increasing economic inequality lead to better or worse
environmental quality? * Which individual or social features play a
role in determining the differentiated impact of changes in the
environment? * What impact does economic inequality or social
segmentation have on collective action? * How important is the
complex economic and social institution in which the
inequality-environment takes place? With an impressive array of
contributors and an excellent mix of popular and noteworthy topics,
this latest addition to the Routledge Siena Studies in Political
Economy series will prove essential to economists with an interest
in the environment and will be useful to readers with a more
general environmental studies background.
The debate on the impact of globalization tends to stress different and sometimes opposite aspects. Some argue that globalization is likely to have a positive impact on economic growth and efficiency, whereas others seem worried of its negative impact on workers, of the generation of new forms of social exclusion and of a worsening of market failure. The essays presented in this volume offer critical elements for assessing these positions. They also examine the role of national and international institutions in ensuring that globalization leads to a more sustained and equitable economic growth without endangering social cohesion.
This book explores the mechanisms by which top incomes are achieved
through work in today's advanced economies and asks to what extent
current extreme inequalities are compatible with widely held values
of social justice. Reflecting on the heterogeneity of the working
rich, the authors argue that very high earnings often result not
from heightened competition induced by globalization but rather
from a lack of competition, or at best deficient competition. It is
proposed that such incomes cannot be justified in terms of
efficiency or merit and do not generate positive trickle-down
effects with benefits for all of society; rather, extreme
inequalities in earnings risk jeopardizing equality of opportunity.
The book concludes by offering a wide array of innovative policy
prescriptions that are not punitive in intent and are not merely
directed toward income redistribution. Readers will find the book
to be a fascinating source of insights into the subject of the
working rich, which remains largely unexplored within both
economics and ethics.
The Research in the History of Economic Methodology (RHETM) 34B,
includes original research from preeminent scholars in the field.
RHETM is one of the oldest and most respected publications in the
field, and the Vol 34B is crucial for economists, methodologists,
and historians of the social sciences.
This edited collection looks at the emerging relationship between
politics and economics. The analysis of power relations -
traditionally the focus of political science - is becoming
increasingly important to economists in order to understand
concepts such as the 'contested nature' of market exchanges. These
papers examine power relations in the firm and the market place and
offer an economic perspective of political relations. The book is
divided into three sections: * politics and power in economic
organizations * the economic analysis of political organizations *
politics, economics and social change The final section considers
how a combination of economic and political tools can be used
effectively to analyse social change.
Inequalities in incomes and wealth have increased in advanced
countries, making our economies less dynamic, our societies more
unjust and our political processes less democratic. As a result,
reducing inequalities is now a major economic, social and political
challenge. This book provides a concise yet comprehensive overview
of the economics of inequality. Until recently economic inequality
has been the object of limited research efforts, attracting only
modest attention in the political arena; despite important advances
in the knowledge of its dimensions, a convincing understanding of
the mechanisms at its roots is still lacking. This book summarizes
the topic and provides an interpretation of the mechanisms
responsible for increased disparities. Building on this analysis
the book argues for an integrated set of policies addressing the
roots of inequalities in incomes and wealth Explaining Inequality
will be of interest to students, researchers and practitioners
concerned with inequality, economic and public policy and political
economy.
This title was first published in 2001. The essays in this volume
examine the questions of evaluation processes and enforcement with
regards to environmental externalities, stressing the role of
institutional failures in dealing with the environment. The essays
are divided into three sections: 1 - the complexity of evaluation
processes; 2 - the complexity of institutional arrangements; and 3
- evaluation processes and political choice. Overall, the essays
argue that the effectiveness of environmental policy depends on the
role played by economic institutions in affording and implementing
policy objectives. The studies investigates the role played by
institutions in affecting and implementing environmental policy.
Institutions, in the wider sense, are typically shaped by a complex
set of economic and political interests, culture and values which
require detailed interdisciplinary analysis.
This edited collection looks at the emerging relationship between
politics and economics. The analysis of power relations -
traditionally the focus of political science - is becoming
increasingly important to economists in order to understand
concepts such as the 'contested nature' of market exchanges. These
papers examine power relations in the firm and the market place and
offer an economic perspective of political relations. The book is
divided into three sections:
* politics and power in economic organizations
* the economic analysis of political organizations
* politics, economics and social change
The final section considers how a combination of economic and
political tools can be used effectively to analyse social change.
This title was first published in 2001. This wide-ranging and
comprehensive collection investigates the background to
environmental economic development over the last thirty years, and
the political implications of new directions resulting from
technological and cultural changes in environmental issues. It
examines the application of economic analysis to environmental
problems in the past and solutions to the current issues of water,
soil, air, energy, waste and urban ecology, discussing the
implications of political decisions, cultural changes and
technological constraints. It will prove a stimulating resource for
students, academics, researchers and policy-makers alike.
This book explores the mechanisms by which top incomes are achieved
through work in today's advanced economies and asks to what extent
current extreme inequalities are compatible with widely held values
of social justice. Reflecting on the heterogeneity of the working
rich, the authors argue that very high earnings often result not
from heightened competition induced by globalization but rather
from a lack of competition, or at best deficient competition. It is
proposed that such incomes cannot be justified in terms of
efficiency or merit and do not generate positive trickle-down
effects with benefits for all of society; rather, extreme
inequalities in earnings risk jeopardizing equality of opportunity.
The book concludes by offering a wide array of innovative policy
prescriptions that are not punitive in intent and are not merely
directed toward income redistribution. Readers will find the book
to be a fascinating source of insights into the subject of the
working rich, which remains largely unexplored within both
economics and ethics.
The Department of Public Economics of the Rome University "La
Sapienza," in keeping with its primary task of promoting research,
not only inside the Department, but also through an exchange of
ideas with scholars from Italian and foreign research institutions,
periodically organizes conferences and meetings on the important
topics of economic theory and policy. Economic globalization
clearly belongs to this category. Just consider the widespread
effects and consequences of globalization, the range of tools that
its analysis requires as well as its impact on the welfare of the
populations involved, and the new difficulties it brings about in
terms of methods and results of public and regulatory
interventions. Therefore, on this very subject, the Department of
Public Economics invited a group of scholars, who have been deeply
involved with the questions raised by economic globalization, to a
direct confrontation. The aim of this conference was to deepen
awareness of the phenomenon and its specific impact on the advanced
economies of our continent, as well as to formulate proposals for
action on both the national and super-national level. This volume,
which collects the contributions presented at this meeting, gives
an account of the deliberations that took place at the Conference
"Globalization, Institutions and Social Cohesion" held at the
Faculty of Economics of Rome University "La Sapienza" from the 15th
to the 17th of December 1998.
Inequalities in incomes and wealth have increased in advanced
countries, making our economies less dynamic, our societies more
unjust and our political processes less democratic. As a result,
reducing inequalities is now a major economic, social and political
challenge. This book provides a concise yet comprehensive overview
of the economics of inequality. Until recently economic inequality
has been the object of limited research efforts, attracting only
modest attention in the political arena; despite important advances
in the knowledge of its dimensions, a convincing understanding of
the mechanisms at its roots is still lacking. This book summarizes
the topic and provides an interpretation of the mechanisms
responsible for increased disparities. Building on this analysis
the book argues for an integrated set of policies addressing the
roots of inequalities in incomes and wealth Explaining Inequality
will be of interest to students, researchers and practitioners
concerned with inequality, economic and public policy and political
economy.
Efficiency is the hallmark of environmental economics, and though
economists are concerned with the environment, primarily because it
challenges the efficiency of competitive markets, until now,
limited attention has been paid to distributional issues. This
excellent collection of essays identifies and addresses key issues
surrounding the inequality-environment relationship such as: * Does
increasing economic inequality lead to better or worse
environmental quality? * Which individual or social features play a
role in determining the differentiated impact of changes in the
environment? * What impact does economic inequality or social
segmentation have on collective action? * How important is the
complex economic and social institution in which the
inequality-environment takes place? With an impressive array of
contributors and an excellent mix of popular and noteworthy topics,
this latest addition to the Routledge Siena Studies in Political
Economy series will prove essential to economists with an interest
in the environment and will be useful to readers with a more
general environmental studies background.
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