The Making of Economic Policy 在線電子書 圖書標籤: economics 經濟學相關 政治經濟學 英語 經濟學 煙酒僧活 政治 哲學
發表於2024-12-23
The Making of Economic Policy 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024
2012.4. Readings for master thesis
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The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics. The same is true for many other dimensions of economic policy.Avinash Dixit looks for an improved understanding of the politics of economic policy-making from a transaction cost perspective. Such costs of planning, implementing, and monitoring an exchange have proved critical to explaining many phenomena in industrial organization. Dixit discusses the variety of similar transaction costs encountered in the political process of making economic policy and how these costs affect the operation of different institutions and policies.Dixit organizes a burgeoning body of research in political economy in this framework. He uses U.S. fiscal policy and the General Agreement on Tariffs and Trade (GATT) as two examples that illustrate the framework, and show how policy often deviates from the economist's ideal of efficiency. The approach reveals, however, that some seemingly inefficient practices are quite creditable attempts to cope with transaction costs such as opportunism and asymmetric information.The Munich Lectures
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The Making of Economic Policy 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024