Public Output And Private Decisions

Author : Thanos Catsambas
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4./5 ( download)

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Download or read book Public Output and Private Decisions written by Thanos Catsambas and published by World Bank Publications. This book was released on 1993 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: We need to know more about individual citizens' responses to macroeconomic choices - about the political economy of public economics.

Author : Charles L. Schultze
Publisher : Brookings Institution Press
ISBN 13 : 0815719051
Total Pages : 104 pages
Book Rating : 4.52/5 ( download)

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Download or read book The Public Use of Private Interest written by Charles L. Schultze and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: According to conventional wisdom, government may intervene when private markets fail to provide goods and services that society values. This view has led to the passage of much legislation and the creation of a host of agencies that have attempted, by exquisitely detailed regulations, to compel legislatively defined behavior in a broad range of activities affecting society as a whole—health care, housing, pollution abatement, transportation, to name only a few. Far from achieving the goals of the legislators and regulators, these efforts have been largely ineffective; worse, they have spawned endless litigation and countless administrative proceedings as the individuals and firms on who the regulations fall seek to avoid, or at least soften, their impact. The result has been long delays in determining whether government programs work at all, thwarting of agreed-upon societal aims, and deep skepticism about the power of government to make any difference. Strangely enough in a nation that since its inception has valued both the means and the ends of the private market system, the United States has rarely tried to harness private interests to public goals. Whenever private markets fail to produce some desired good or service (or fail to deter undesirable activity), the remedies proposed have hardly ever involved creating a system of incentives similar to those of the market place so as to make private choice consonant with public virtue. In this revision of the Godkin Lectures presented at Harvard University in November and December 1976, Charles L. Schultze examines the sources of this paradox. He outlines a plan for government intervention that would turn away from the direct "command and control" regulating techniques of the past and rely instead on market-like incentives to encourage people indirectly to take publicly desired actions.

Author : Donald J. Clough
Publisher : Prentice Hall
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.54/5 ( download)

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Download or read book Decisions in Public and Private Sectors written by Donald J. Clough and published by Prentice Hall. This book was released on 1984 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : John D. Donahue
Publisher : Basic Books
ISBN 13 : 9780465063581
Total Pages : 276 pages
Book Rating : 4.86/5 ( download)

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Download or read book Privatization Decision written by John D. Donahue and published by Basic Books. This book was released on 1989-11-28 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: What government activities should be contracted out to private companies? This thoughtful book by a Harvard policy analyst shuns global answers and explores how to examine individual cases.

Author : C. Peter Timmer
Publisher :
ISBN 13 :
Total Pages : 66 pages
Book Rating : 4.54/5 ( download)

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Download or read book Private Decisions and Public Policy written by C. Peter Timmer and published by . This book was released on 1986 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Tomas J. Philipson
Publisher : Harvard University Press
ISBN 13 : 9780674707382
Total Pages : 290 pages
Book Rating : 4.89/5 ( download)

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Download or read book Private Choices and Public Health written by Tomas J. Philipson and published by Harvard University Press. This book was released on 1993 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economics professor and a federal judge point out that engaging in unprotected sex is a dangerous but pleasurable activity, like downhill skiing and mountain climbing, and that people weigh the risks and benefits when deciding whether or not to do it. The people setting up public health measures to combat the spread of AIDS, they say, are not taking this informed and often rational decision-making into account. Therefore, their predictions are off and their information campaigns are not only in effective, but may well be encouraging the disease's spread. They also look at the cost and benefits of research and education for the society as a whole. The book is bound to be controversial. Annotation copyright by Book News, Inc., Portland, OR

Author : Manal Fouad
Publisher : International Monetary Fund
ISBN 13 : 1513576569
Total Pages : 61 pages
Book Rating : 4.65/5 ( download)

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Download or read book Mastering the Risky Business of Public-Private Partnerships in Infrastructure written by Manal Fouad and published by International Monetary Fund. This book was released on 2021-05-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.

Author : Massimo Marrelli
Publisher : Springer Science & Business Media
ISBN 13 : 9780792372387
Total Pages : 228 pages
Book Rating : 4.87/5 ( download)

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Download or read book Public Decision-Making Processes and Asymmetry of Information written by Massimo Marrelli and published by Springer Science & Business Media. This book was released on 2001 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issue of asymmetric information and public decision-making has been widely explored by economists. Most of the traditional analysis of public sector activities has been reviewed to take account of the different incentive problems arising from an asymmetric distribution of relevant information among the actors of the public decision-making process. A normative approach has been developed, mainly employing the principal agent paradigm to design incentive schemes which tackle adverse selection and moral hazard problems within public organizations. Still, this analysis is under way in many fields of public economics. However, a debate is ongoing on the theoretical limitations of this approach and on its relevance for the actual public sector activities. Public Decision-Making Processes and Asymmetry of Information encompasses different contributions to these issues, on both theoretical and practical areas. The innermost problem in the current discussion arises from the fact that this normative analysis is firmly rooted in the complete contracting framework, with the consequence that, despite the analytical complexities of most models, their results rely on very simplified assumptions. Most complexities of the organization of public sector, and more generally, of writing "contracts", are therefore swept away. Once the need for an incomplete contracting approach is recognized, the question becomes how to relax some of the assumptions characterizing the complete contracting framework, without getting ad hoc results. The Introduction to this book, written by Jean Jacques Laffont, sets the general grid to interpret the position of its papers in this debate. The four papers in Part 1 of the book are devoted to developing the analysis of some of the theoretical issues mentioned in the Introduction. Part 2 is devoted to discussing the applications of the theory to different public sector activities.

Author : Deng Zhenglai
Publisher : World Scientific
ISBN 13 : 9814293326
Total Pages : 431 pages
Book Rating : 4.27/5 ( download)

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Download or read book China's Economy written by Deng Zhenglai and published by World Scientific. This book was released on 2009 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: Containing ten quality chapters on China''s rural reforms and agricultural development, this first volume from the Series on Developing China: Translated Research from China emphasizes the importance of countryside, agriculture and the role of peasants in China''s economy. While the Chinese revolution has traveled a path of OC encircling the cities from the rural areasOCO, Chinese reforms were likewise started in promoting the household contract responsibility system in the rural areas OCo the majority of its population living in the countryside makes it the focus of the reforms. Such structural issues that readjustment of interests entailed as urban-rural divide and poor-rich gap are closely related to the rural reform. For this, a rural study centered on the three rural issues (agriculture, rural areas and peasants), or peasantography, is actually an academic OC gold mineOCO, which contains the richest possibilities for Chinese social science to contribute to the world. The above mentioned chapters cover an extensive range of issues in rural reform and agricultural development in China, including property right, food trade structure, the Township and Village Enterprises, non-agricultural employment, the mobility of labor force, land distribution, taxation and saving behavior. The research approach ranges from a macro- to microeconomics level, while in terms of research methodology, property theory, game model and quantitative economics are used, in combination with historiography and empirical case studies. Sample Chapter(s). Chapter 1: Academic Inquiries into the Chinese Success Story (116 KB). Contents: Academic Inquiries into the OC Chinese Success StoryOCO (Z-L Deng); Gender Inequality in the Land Tenure System of Rural China (L Zhu); The Allocation of Decision-Making Power and Changes in the Decision-Making Style: Systematic Thoughts on China''s Rural Problems (S-G Zhang & N Zhao); Farmers'' Tax Burden in Rural China: A Political Economy Analysis (R Tao et al.); Effects of Labor Out-Migration and Income Growth and Inequality in Rural China (S Li); Grain versus Food: A Hidden Issue in China''s Food Policy Debate (F Lu); Saving Behavior in a Transition Economy: An Empirical Case Study of Rural China (G-H Wan et al.); Township Enterprises and Their Interest Distribution in Reform: A Three-Player Game Model (R-Z Ke); Rural Interregional Inequality and Off-Farm Employment in China (P Zhang); Food Demand and Nutritional Elasticity in Poor Rural Areas of China (J-W Zhang & F Cai); Reform in China''s Rural Areas: The Changes in the Relationship between the State and Land Ownership OCo A Retrospect on the Changes in Economic Institutions (Q-R Zhou). Readership: Economists, political scientists, sociologists, advanced undergraduates and graduate students interested in China''s economy, rural areas and society."

Author : Sisay Asefa
Publisher : Iowa State Press
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.67/5 ( download)

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Download or read book Economic Decision Making written by Sisay Asefa and published by Iowa State Press. This book was released on 1985 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: