Download or read book Doing More for Less New Evidence on Lobbying and Government Contracts written by Ms.Senay Agca and published by International Monetary Fund. This book was released on 2019-08-09 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do firms lobby? This paper exploits the unanticipated sequestration of federal budget accounts in March 2013 that reduced the availability of government funds disbursed through procurement contracts to shed light on this question. Following this event, firms with little or no prior exposure to the federal accounts that experienced cuts reduced their lobbying spending. In contrast, firms with a high degree of exposure to the cuts maintained and even increased their lobbying spending. This suggests that, when the same number of contractors competed for a piece of a reduced pie, the more affected firms likely intensified their lobbying efforts to distinguish themselves from the others and improve their chances of procuring a larger share of the smaller overall. These findings are stronger in government-dependent sectors and when there is intense competition. The evidence is more consistent with a rent-seeking explanation for lobbying.
Download or read book Doing More for Less New Evidence on Lobbying and Government Contracts written by Ms.Senay Agca and published by International Monetary Fund. This book was released on 2019-08-09 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do firms lobby? This paper exploits the unanticipated sequestration of federal budget accounts in March 2013 that reduced the availability of government funds disbursed through procurement contracts to shed light on this question. Following this event, firms with little or no prior exposure to the federal accounts that experienced cuts reduced their lobbying spending. In contrast, firms with a high degree of exposure to the cuts maintained and even increased their lobbying spending. This suggests that, when the same number of contractors competed for a piece of a reduced pie, the more affected firms likely intensified their lobbying efforts to distinguish themselves from the others and improve their chances of procuring a larger share of the smaller overall. These findings are stronger in government-dependent sectors and when there is intense competition. The evidence is more consistent with a rent-seeking explanation for lobbying.
Download or read book Politically Robust Financial Regulation written by Mr.Itai Agur and published by International Monetary Fund. This book was released on 2021-01-08 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The deferred recognition of COVID-induced losses at banks in many countries has reignited the debate on regulatory forbearance. This paper presents a model where the public's own political pressure drives regulatory policy astray, because the public is poorly informed. Using probabilistic game stages, the model parameterizes how time consistent policy is. The interaction between political motivations and time consistency is novel and complex: increased policy credibility can entice the politically-motivated regulator to act in the public's best interest, or instead repel it from doing so. Considering several regulatory instruments, the paper probes the nexus of political pressure, perverse bank incentives and time inconsistent policy.
Download or read book Economic Growth Inequality and Crony Capitalism written by Danilo Rocha Limoeiro and published by Routledge. This book was released on 2020-06-04 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Researchers in international development have long argued that the high costs of doing business harms prosperity in developing countries, a claim that invites the question of why governments impose these costs and why societies fail to enact reforms reducing them. This book seeks to answer the question by looking at the case of Brazil, a large and highly unequal economy riddled with state-imposed transaction costs. By delving into the political dynamics underlying a costly business environment, this book provides the reader with novel insights into crony capitalism and inequality. It argues that the root cause of a costly business environment is the collusion between political actors, bureaucrats and business insiders. Politicians and bureaucrats relish their discretion over rules and policies as a power resource, since they can increase or decrease the costs of doing business faced by firms and sectors. Business insiders collude with government agents to access the loopholes that decrease the cost of doing business, thus gaining a competitive edge over outsiders. This gives the insiders weaker preferences for reforms that could decrease the overall cost of doing business. By pursuing their self-interest, these actors create a low-level equilibrium that perpetuates crony capitalism and inequality to the detriment of overall prosperity. The book makes its case with a sophisticated combination of formal modeling, quantitative analyses and in-depth case studies of tax policy and of the pharmaceutical and agricultural sectors in Brazil. Observers have declared the need for reforms that improve the business environment in developing countries for a long time. However, the findings presented in this book suggest they might have underestimated the challenge ahead. Scholars and policy-makers in international development, business politics and political economy will be interested in the innovative perspective of this book.
Download or read book Interest Group Politics written by Allan J. Cigler and published by Rowman & Littlefield. This book was released on 2019-11-12 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest Group Politics is the only comprehensive collection of articles on interest groups and lobbying written for undergraduates. The tenth edition offers 15 new contributions on a variety of topics, including classic analyses of how groups organize and seek to affect public policy, emerging trends such as the growth of transgender groups, and fresh studies that examine how lobbying has evolved in the Trump era. No other text or reader provides the breath of coverage or the strength of detail in exploring the world of organized interests, from their internal structure to their electoral politics to their lobbying activities. The talented scholars in this edition, like those in previous volumes, continue to seek answers to a host of questions as to how groups evolve, how they compete with similar groups, how they influence elections, and how they lobby—across a wide range of issues.
Download or read book Private Government written by Elizabeth Anderson and published by Princeton University Press. This book was released on 2019-04-30 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why our workplaces are authoritarian private governments—and why we can’t see it One in four American workers says their workplace is a “dictatorship.” Yet that number almost certainly would be higher if we recognized employers for what they are—private governments with sweeping authoritarian power over our lives. Many employers minutely regulate workers’ speech, clothing, and manners on the job, and employers often extend their authority to the off-duty lives of workers, who can be fired for their political speech, recreational activities, diet, and almost anything else employers care to govern. In this compelling book, Elizabeth Anderson examines why, despite all this, we continue to talk as if free markets make workers free, and she proposes a better way to think about the workplace, opening up space for discovering how workers can enjoy real freedom.
Download or read book The Washington Lobby written by Congressional Quarterly, inc and published by . This book was released on 1979 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Administration and Public Affairs written by Nicholas Henry and published by Routledge. This book was released on 2015-07-14 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated in its 12th edition, Public Administration and Public Affairs shows readers how to govern efficiently, effectively, and responsibly in an age of political corruption and crises in public finance. With a continuing and corroding crisis occurring, as well as greater governance by nonprofit organizations and private contractors, it is vital that readers are given the skills and tools to lead in such an environment. Using easy-to-understand metaphors and an accessible writing style, Public Administration and Public Affairs shows its readers how to govern better, preparing them for a career in public administration.
Download or read book Revolving Door Lobbying written by Timothy LaPira and published by University Press of Kansas. This book was released on 2017-06-23 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades Washington has seen an alarming rise in the number of "revolving door lobbyists"—politicians and officials cashing in on their government experience to become influence peddlers on K Street. These lobbyists, popular wisdom suggests, sell access to the highest bidder. Revolving Door Lobbying tells a different, more nuanced story. As an insider interviewed in the book observes, where the general public has the "impression that lobbyists actually get things done, I would say 90 percent of what lobbyists do is prevent harm to their client from the government." Drawing on extensive new data on lobbyists’ biographies and interviews with dozens of experts, authors Timothy M. LaPira and Herschel F. Thomas establish the facts of the revolving door phenomenon—facts that suggest that, contrary to widespread assumptions about insider access, special interests hire these lobbyists as political insurance against an increasingly dysfunctional, unpredictable government. With their insider experience, revolving door lobbyists offer insight into the political process, irrespective of their connections to current policymakers. What they provide to their clients is useful and marketable political risk-reduction. Exploring this claim, LaPira and Thomas present a systematic analysis of who revolving door lobbyists are, how they differ from other lobbyists, what interests they represent, and how they seek to influence public policy. The first book to marshal comprehensive evidence of revolving door lobbying, LaPira and Thomas revise the notion that lobbyists are inherently and institutionally corrupt. Rather, the authors draw a complex and sobering picture of the revolving door as a consequence of the eroding capacity of government to solve the public’s problems.
Download or read book A Fistful of Dollars written by Mr.Thierry Tressel and published by International Monetary Fund. This book was released on 2009-12-01 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more intensively, and (iii) had faster growing portfolios. Ex-post, delinquency rates are higher in areas where lobbyist' lending grew faster and they experienced negative abnormal stock returns during key crisis events. The findings are robust to (i) falsification tests using lobbying on issues unrelated to mortgage lending, (ii) a difference-in-difference approach based on state-level laws, and (iii) instrumental variables strategies. These results show that lobbying lenders engage in riskier lending.
Download or read book Getting the Government America Deserves written by Richard W. Painter and published by Oxford University Press. This book was released on 2009 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyzes government ethics law from the perspective of an academic critic and that of a lawyer who was the chief White House ethics lawyer for two and a half years. Richard Painter argues that the existing ethics regime is in need of substantial reform.
Download or read book When Cities Lobby written by Julia Payson and published by Oxford University Press. This book was released on 2021-12-03 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a political environment characterized by intense urban-rural polarization and growing hostility between cities and state legislatures, When Cities Lobby explores how local officials use lobbyists to compete for power in state politics. When Cities Lobby tells the story of what happens when city officials rely on professional lobbyists to represent their interests in state government. In a political environment characterized by intense urban-rural polarization and growing hostility between cities and state legislatures, the ability to lobby offers a powerful tool for city leaders seeking to amplify their voices in state politics. The cities that lobby at the highest rates include large urban centers that have historically faced obstacles to effective representation in our federal system, and, increasingly, blue-leaning cities engaged in preemption battles against Republican-led legislatures. But high-income places have also figured out how to strategically use lobbyists, and these communities have become particularly adept at lobbying to secure additional grant money and shift state funding in a direction that favors them. How did we end up with a system where political officials in different levels of government often choose to pay lobbyists to facilitate communication between them, and are the potential benefits worth the costs? Author Julia Payson demonstrates that the answer is deeply rooted in both the nature of the federal system and the evolution of the professional lobbying industry. While some states have recently debated measures to restrict lobbying by local governments, these efforts will likely do more harm than good in the absence of structural reforms to the lobbying industry more broadly.
Download or read book Lobbying and Policy Change written by Frank R. Baumgartner and published by University of Chicago Press. This book was released on 2009-08-01 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 2008 election season, politicians from both sides of the aisle promised to rid government of lobbyists’ undue influence. For the authors of Lobbying and Policy Change, the most extensive study ever done on the topic, these promises ring hollow—not because politicians fail to keep them but because lobbies are far less influential than political rhetoric suggests. Based on a comprehensive examination of ninety-eight issues, this volume demonstrates that sixty percent of recent lobbying campaigns failed to change policy despite millions of dollars spent trying. Why? The authors find that resources explain less than five percent of the difference between successful and unsuccessful efforts. Moreover, they show, these attempts must overcome an entrenched Washington system with a tremendous bias in favor of the status quo. Though elected officials and existing policies carry more weight, lobbies have an impact too, and when advocates for a given issue finally succeed, policy tends to change significantly. The authors argue, however, that the lobbying community so strongly reflects elite interests that it will not fundamentally alter the balance of power unless its makeup shifts dramatically in favor of average Americans’ concerns.
Download or read book Introducing a statutory register of lobbyists written by Great Britain: Parliament: House of Commons: Political and Constitutional Reform Committee and published by The Stationery Office. This book was released on 2012-07-13 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposals in the Government's consultation paper, Introducing a Statutory Register of Lobbyists (Cm 8233, ISBN 9780101823326), focused the register on those who undertake lobbying activities on behalf of a third party client. Under the proposals, a lobbyist who worked in house for a large company such as News International would not be required to register, whereas a 'one-man band' lobbyist would be, and have to name their clients, and pay for the privilege. There is no evidence to suggest that third party lobbyists are a particular problem within the lobbying community; the Government's own records of ministerial meetings suggest that third party lobbyists make up less than 1% of all meetings with Ministers. The Government should abandon its plans and introduce regulation to cover all those who lobby professionally, in a paid role, including those who lobby on behalf of charities, trade unions, and think tanks. The Committee specifically recommends the Government: publish information about ministerial meetings no more than a month after the month in which the meeting occurred; improve the level of detail in meeting disclosures, so that the actual topic of a meeting is disclosed, rather than obscure terms like 'general discussion'; publish, where applicable, the company or charity number of any organisation that meets with Ministers or officials, so that the identity of the organisation can be properly verified; standardise the format of meeting data, with a view to publishing all ministerial and official meetings on one website, rather than on many different Government websites.
Download or read book Super PACs written by Louise I. Gerdes and published by Greenhaven Publishing LLC. This book was released on 2014-05-20 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: The passage of Citizens United by the Supreme Court in 2010 sparked a renewed debate about campaign spending by large political action committees, or Super PACs. Its ruling said that it is okay for corporations and labor unions to spend as much as they want in advertising and other methods to convince people to vote for or against a candidate. This book provides a wide range of opinions on the issue. Includes primary and secondary sources from a variety of perspectives; eyewitnesses, scientific journals, government officials, and many others.
Download or read book The State of Public Administration written by Donald C Menzel and published by Routledge. This book was released on 2015-01-28 with total page 526 pages. Available in PDF, EPUB and Kindle. Book excerpt: The trends and practices of public administration are ever changing and it is essential that they be appraised from time to time. Designed as a capstone survey of the field, The State of Public Administration focuses on leading edge issues, challenges, and opportunities that confront PA study and practice in the 21st Century.
Download or read book Bank Lobbying Regulatory Capture and Beyond written by Ms.Deniz O Igan and published by International Monetary Fund. This book was released on 2019-08-09 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which lessens the support for tighter rules and enforcement. This in turn allows riskier practices and worse economic outcomes. The evidence provides insights into how the rising political power of banks in the early 2000s propelled the financial system and the economy into crisis. While these findings should not be interpreted as a call for an outright ban of lobbying, they point in the direction of a need for rethinking the framework governing interactions between regulators and banks. Enhanced transparency of regulatory decisions as well as strenghtened checks and balances within the decision-making process would go in this direction.
