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This is a timely and thought-provoking book which brings the discussion of public goods to confront the contemporary world economy where such goods have often a global nature and require super-national provision and control. Giovanni Dosi, St Anna School of Advanced Studies, Pisa, Italy In this wide-ranging selection of papers, distinguished economists, public policy advisers and political theorists contribute to the debate on public goods. The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects relating to services of general interest in Europe. The dynamics of global public good production, including monopolies, patents, scientific uncertainty and market failures, are discussed. Empirical research on the state, profit and non-profit sectors is presented. Providing numerous examples of specific public goods, the contributions also highlight the impact of macroeconomic policies on provision. The book presents a broad diversity of new approaches to global public goods within the framework of mixed economies, beyond the standard economic analysis of public services. Academics, researchers and policymakers in the area of global public goods and services will find this volume of great interest.
This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.
At publication date, a free ebook version of this title will be available through Luminos, University of California Press’s Open Access publishing program. Visit www.luminosoa.org to learn more. Scholarly discussions on economic development in history, specifically those linked to industrialization or modern economic growth, have paid great attention to the formation and development of the market economy as a set of institutions able to augment people’s welfare. The role of specific nonmarket practices for promoting the economic development and welfare has been a distinct concern, typically involving discussion of the state’s economic policies. How have societies tackled those issues that the market did not? To what extent did those solutions reflect the structure of an economy? Public Goods Provision in the Early Modern Economy explores these questions by investigating efforts made for the provision of "public goods" in early modern economies from the perspective of Japanese socioeconomic history during Tokugawa era (1603–1868), and by comparing those cases with others from Europe and China’s economic history. The contributors focus on three areas of inquiry—early modern era welfare policies for the poor, infrastructure, and forest management—to provide both a unique perspective on Japanese public finance at local levels and a vantage point outside of Europe to encourage a more global view of early modern political economies that shaped subsequent modern transformations.
The book explores the core public tasks that the state has traditionally provided but which increasingly are being privatized and subsumed by the private sector. The night-watchman state role of providing security is instead offered by private prisons and security guards. Legitimized by the argument of efficiency gains, social security including public housing, pensions, unemployment insurance and health care are all being gradually privatized. This book argues that on the basis of efficiency, morality and equality there is still an overwhelming need for public intervention – the res publica. Although the state still funds and regulates core domains, it provides fewer and fewer visible goods. The authors show how this apparent invisibility of the state presents serious challenges for both income equality and democracy.
The book features Professor Tullock s normal array of insights and gems of wisdom throughout. The thesis of the book, to view government through the prism of externalities, is intriguing and makes the book well worth reading. Daniel Sutter, Public Choice The book can be commended for introducing a broad range of thought-provoking ideas in an accessible form. It is an easy read, but does not achieve (nor does it aspire to) the usual standards of academic rigour. It is in places retrospective and in others polemical. But all of it is entertaining. Gareth Myles, Economica The book offers a nice introduction into public choice but still has enough in it to keep more advanced scholars interested. Well worth reading for anyone with even a modicum of interest in economics and/or politics in the most non-partisan sense. Phong Ngo, Economic Record Tullock provides a readable account of public choice economics and the problems with collective decision making. . . Highly recommended. M. Steckbeck, Choice Gordon Tullock, eminent political economist and one of the founders of public choice, offers this new and fascinating look at how governments and externalities are linked. Economists frequently justify government as dealing with externalities, defined as benefits or costs that are generated as the result of an economic activity, but that do not accrue directly to those involved in the activity. In this original work, Gordon Tullock posits that government can also create externalities. In doing so, he looks at governmental activity that internalizes such externalities. Monarchical governments originally introduced, for the benefit of the monarch rather than to eliminate externalities, many standard government activities such as road building, war, and internal policing. Most modern governments spend more money on redistribution than on more traditional government activities. This can be thought of as another effort to reduce externalities, since suffering in the community imposes externalities on the rest of us. Rent seeking, a relatively new field in economics and political science, is closely related to externalities and to the structure of government. An analysis of rent seeking, as well as some suggestions for improving government structure, cap off this fascinating treatise. Economists and political scientists will find this lively and readable book both stimulating and provocative.
This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres.
Distinguished economists, political scientists, and legal experts discuss the implications of the increasingly globalized protection of intellectual property rights for the ability of countries to provide their citizens with such important public goods as basic research, education, public health, and environmental protection. Such items increasingly depend on the exercise of private rights over technical inputs and information goods, which could usher in a brave new world of accelerating technological innovation. However, higher and more harmonized levels of international intellectual property rights could also throw up high roadblocks in the path of follow-on innovation, competition and the attainment of social objectives. It is at best unclear who represents the public interest in negotiating forums dominated by powerful knowledge cartels. This is the first book to assess the public processes and inputs that an emerging transnational system of innovation will need to promote technical progress, economic growth and welfare for all participants.
Elaborating on the concepts first introduced in Global Public Goods, this book addresses the long overdue issue of how to adjust the concept of public goods to today's economic and political realities. The production of global public goods requires the orchestration of initiatives by a large number of diverse actors across different levels and sectors. It may require the collaboration of governments, business and civil society, and in most cases it almost certainly calls for an effective linkage of the local, national, regional, and global levels. In light of today's new realities, this book examines a series of managerial and political challenges that pertain to the design and implementation of production strategies and the monitoring and evaluation of global public goods provision.As participatory decision-making enhances the political support for - and thus the effectiveness of - certain policy decisions, this volume offers suggestions on a number of pragmatic policy reforms for bringing the global public more into public policy making on global issues. Nine case studies examine the importance of the global public good concept from the viewpoint of developing countries, exploring how and where the concerns of the poor and the rich overlap.Providing Global Public Goods offers important and timely suggestions on how to move in a more feasible and systematic way towards a fairer process of globalization that works in the interests of all.
Preface; Introduction - Erik André Andersen and Birgit Lindsnæs; 1. Global public goods - concepts and definitions: The state and the citizen: Natural law as a public good - Peter Wivel; Public goods: Concept, definition, and method - Erik André Andersen and Birgit Lindsnæs; On human rights - Lone Lindholt and Birgit Lindsnæs; The global and the regional outlook: How can global public goods be advanced from a human rights perspective? - Birgit Lindsnæs. 2. Peace and security: Peace as a global public good - Bjørn Møller; International institutions for preserving peace and security - Erik André Andersen; The law of war - Rikke Ishøy; The case of Bosnia and Herzegovina - Erik André Andersen; 3. State and citizen, Is good governance a global public good? - Hans-Otto Sano; Legal protection and the rule of law as a global public good - Hans Henrik Brydensholt and Kristine Yigen; Curbing corruption: A global public good, The potential of international cooperation - Kristine Yigen; Access to global public goods for socially and economically vulnerable groups - Rie Odgaard and Kristine Yigen; 4. Access to information, The right to know - Anders Jerichow; Internet access as a global public good - Henrik Lindholt and Rikke Frank Jørgensen; Research, global public goods and welfare - Peder Andersen; Education as a global public good - Diego Bang; 5. Examples of implementation, Health is global - and a moving target - Poul Birch Eriksen, Ellen Bangsbo, Jens Kvorning, Lene Lange, Esben Sønderstrup, Uffe Torm and Ib Bygbjerg; (Fresh) water as a human right and a global public good - Jannik Boesen and Poul Erik Lauridsen; The international trade system - Christian Friis Bach; The global responsibility of private companies - Henrik Brade Johansen, Helle Bank, Jørgensen and Jens Kvorning; 6. Conclusion, Problems and potentials in the application of global public goods - Erik André Andersen, Peder Andersen and Birgit Lindsnæs; Appendices; Index.