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Uses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.
A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society’s sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. A focus on markets and institutions Policy ideas in historical context Real-world examples How economic theory helps policymakers tackle dilemmas and choices
A study of migration tides which explores political and economic factors that have influenced immigration in post-war Europe and the USA. It seeks to explain immigration in terms of the globalization of labour markets and the expansion of civil rights for marginal groups in liberal democracies.
Explores the different choices made by donor governments when delivering foreign aid projects around the world.
Originally published in 2003. In Public Markets and Civic Culture in Nineteenth-Century America Helen Tangires examines the role of the public marketplace—social and architectural—as a key site in the development of civic culture in America. More than simply places for buying and selling food, Tangires explains, municipally owned and operated markets were the common ground where citizens and government struggled to define the shared values of the community. Public markets were vital to civic policy and reflected the profound belief in the moral economy—the effort on the part of the municipality to maintain the social and political health of its community by regulating the ethics of trade in the urban marketplace for food. Tangires begins with the social, architectural, and regulatory components of the public market in the early republic, when cities embraced this ancient system of urban food distribution. By midcentury, the legalization of butcher shops in New York City and the incorporation of market house companies in Pennsylvania challenged the system and hastened the deregulation of this public service. Some cities demolished their marketing facilities or loosened restrictions on the food trades in an effort to deal with the privatization movement. However, several decades of experience with dispersed retailers, suburban slaughterhouses, and food transported by railroad proved disastrous to the public welfare, prompting cities and federal agencies to reclaim this urban civic space.
The book gives an insight of how Singapore is 'government-made' in its growth and development. It uses a political economy approach to analyse how a small, open city-state, through market-supporting public policies, has managed to overcome many economic and socio-political odds.