Public Economics

Nonostante i suoi importanti punti di forza l'Italia presenta fragilità che, oggi più che mai, rischiano di mettere a repentaglio la sicurezza nazionale,...

In this ground-breaking book, Ben Ramalingam shows that the linear, mechanistic models and assumptions on which foreign aid is built would be more at home in early-20th-century factory floors than in the dynamic, complex world we face today. All around us, we can see the costs and limitations of dealing economies and societies as if they are analogous to machines. The reality is that such social systems have far more in common with ecosystems: They are complex, dynamic, diverse, and unpredictable.

Accountability after Economic Crisis reconstructs the captivating story of how different nations responded to the 2008 economic crisis, one of the most challenging economic downturns in modern history. The book focuses on puzzling cross-country variations in policies of accountability.

While certainly flawed in many aspects - the New Deal was implemented by a Democratic Party still beholden to the segregationist South for its majorities in Congress and the Electoral College - the New Deal was instated at a time of mass unemployment and the rise of fascistic government models and functioned as a bulwark of American democracy in hard times. This book looks at how this legacy, both for good and ill, informs the current debates around governmental responses to crises.

All over the world, public officials are using the behavioral sciences to protect the environment, promote employment and economic growth, reduce poverty, and increase national security. In this book, Cass R. Sunstein, breaks new ground with a deep yet highly listenable investigation into the ethical issues surrounding nudges, choice architecture and mandates, addressing such issues as welfare, autonomy, self-government, dignity, manipulation and the constraints and responsibilities of an ethical state.

Billions of dollars stolen from citizens are circling the globe, enriching powerful individuals, altering political outcomes, and disadvantaging everyday people. News headlines provide glimpses of how this corruption works and why it matters: President Trump's businesses struck deals with oligarchs and sold property to secretive shell companies; the Panama Papers leak triggered investigations in 79 countries; and corruption scandals toppled heads of state in Brazil, South Africa, and South Korea. But how do these pieces fit together?

Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining's end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners.

Central bank cooperation during global financial crises has been anything but consistent. While some crises are arrested with extensive cooperation, others are left to spiral. Going beyond explanations based on state power, interests, or resources, Aditi Sahasrabuddhe argues that central bank cooperation—or the lack thereof—often boils down to ties of trust, familiarity, and goodwill between bank leaders. These personal relations influence the likelihood of access to ad hoc, bilateral arrangements with more favorable terms.

In early 2020, COVID-19 breached Australian shores, triggering twin crises: health and economic. The nation had not endured trials of this scale and impact since the Spanish flu and the Great Depression. Simon Benson and Geoff Chambers—two of Australia’s top political journalists—were granted exclusive access to the crucial machinations of government at the country’s highest levels, not just within the corridors of power but also behind doors normally sealed.

What if I told you the public sector, so often derided as sluggish and stuffy, was full of innovators waiting to be unleashed? That we don’t need to invent a new solution to every problem, but to scale and spread all the proven innovation 90% of us don’t know about, or see? This book is about how to innovate in the public sector, what has been stopping us so far, and why we must do so. It draws on expert interviews, case studies, and frontline public service experience.

Los retos económicos del país al que aspiramos. México en la encrucijada recopila los puntos de vista de un grupo de reconocidos especialistas sobre las medidas que deben adoptarse en distintos ámbitos en nuestro país para lograr un crecimiento económico adecuado, balanceado y sostenido. Todas las opiniones convergen en la misma dirección: ante las necesidades que enfrentamos y los errores cometidos en años previos, lo que se necesita es un ajuste de fondo en la estrategia.

From San Francisco to Shanghai, many of the world's most innovative places are highly unequal, with the benefits going to a small few. Rather than simply asking how we can create more high-tech cities and nations, Innovation for the Masses focuses on places that manage to foster innovation while also delivering the benefits more widely and equally. In this book, economist Neil Lee draws on case studies of Taiwan, Sweden, Austria, and Switzerland to set out how innovation can be successfully balanced toward equity.

El 10 de enero de 2000 el Ecuador económico amaneció en calma. Las largas colas en los bancos desaparecieron y las tasas de interés se desplomaron. El día anterior, Jamil Mahuad Witt, entonces presidente de la República, anunció de manera oficial la dolarización de la economía ecuatoriana poniendo fin a una larga tormenta perfecta económica con crisis devaluatoria que había llegado a una tasa de cambio de 28.000 sucres por dólar estadounidense, fuga de capitales y brotes hiperinflacionarios.

Finance plays a key role in the prosperity of the modern world—but it also brings grave dangers. We seek to manage those threats with a vast array of sophisticated mathematical tools and techniques of financial risk management. Too often, though, we fail to address the greatest risk—the peril posed by our own behavior. Jon Danielsson argues that critical risk is generated from within, through the interactions of individuals and perpetuated by their beliefs, objectives, abilities, and prejudices.

Free-market economists often have noted that there are winners and losers in a competitive capitalist world. The question of how to deal with the difficult real-life consequences faced by the losers, however, has largely been ignored. Populist politicians have tried repeatedly to address the issue by creating walls - of both the physical and economic kinds - to insulate communities and keep competition at bay. Economist Glenn Hubbard argues that because they delay needed adaptations to the ever-changing world, walls are essentially backward-looking and ultimately destined to fail.

A Participatory Economy presents a clear and accessible post-capitalist model for those without extensive training or understanding of economics. Robin Hahnel is a trained economist and a co-founder of the idea of Participatory Economics, an evolving concept that offers a comprehensive blueprint for an alternative to capitalism. Robin Hahnel shows how placing decision making into the hands of producers and consumers can be a way to meet needs responsibly.

Why has the Eurozone ended up with an unemployment rate more than twice that of the United States more than six years after the collapse of Lehman Brothers? Why did the vast majority of low- and middle-income countries suffer a prolonged economic slowdown in the last two decades of the 20th century? What was the role of the International Monetary Fund in these economic failures?

In this stunning new story of political economy, author Eric Robert Morse examines why the modern system has become so unwieldy and explains what must be done to correct it. His astute analysis and fascinating storytelling take readers on an epic journey, from the dawn of free-market capitalism during the age of exploration, through the industrial revolution and Adam Smith, to the rise of Keynesianism and the dominance of the welfare state....

Editors H. Kent Baker, Greg Filbeck, Halil Kiymaz, and their coauthors examine PE and provide important insights about topics such as major types of PE (venture capital, leveraged buyouts, mezzanine capital, and distressed debt investments), how PE works, performance and measurement, uses and structure, and trends in the market. Listeners can gain an in-depth understanding about PE from academics and practitioners from around the world.

Economic growth is wrecking the planet. It's the engine driving climate change, pollution, and the shrinking of natural spaces. To save the environment, will we have to shrink the economy? Might this lead to a better society, helping us break free from an obsession with material wealth that only benefits the few? Alessio Terzi takes these questions as a starting point for a journey into the socioeconomic, evolutionary, and cultural origins of our need for growth.