Download or read book Finance Growth and Public Policy written by Mark Gertler and published by World Bank Publications. This book was released on 1991 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thriving financial market depends not only on a prudent regulatory regime but also on having enough creditworthy borrowers. Policies in the real sector- macroeconomic, public finance, and trade policies- that directly stimulate growth and stability should be pursued in concert with financial reform.
Download or read book Public Finance and Public Policy written by Arye L. Hillman and published by Cambridge University Press. This book was released on 2009-04-06 with total page 861 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes.
Download or read book Efficiency Finance and Varieties of Industrial Policy written by Akbar Noman and published by Columbia University Press. This book was released on 2016-11-29 with total page 527 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.
Download or read book Economic Policy Financial Markets And Economic Growth written by Benjamin Zycher and published by Routledge. This book was released on 2019-04-16 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The links between economic policy and economic growth are simultaneously obvious and obscure, with many factors interacting to influence the overall process. The list of relevant parameters affecting economic growth of interest to scholars and policymakers is lengthy and expanding. Although the importance of government policy is widely recognized,
Download or read book Innovation and Public Policy written by Austan Goolsbee and published by University of Chicago Press. This book was released on 2022-03-25 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner.
Download or read book Finance and Growth written by Ross Levine and published by . This book was released on 2004 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
Download or read book Public Finance and Public Policy written by Arye L. Hillman and published by Cambridge University Press. This book was released on 2009-04-06 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets and governments -- Institutions and governance -- Public goods -- Public finance for public goods -- Market corrections -- Voting -- Social justice -- Entitlements and equality of opportunity -- Choice of taxation -- The need for government.
Download or read book The Future of Money written by Eswar S. Prasad and published by Harvard University Press. This book was released on 2021-09-28 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
Download or read book Fiscal Policy and Long Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Download or read book Governments Markets and Growth written by John Zysman and published by Cornell University Press. This book was released on 1983 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zysman demonstrates that there is a direct relationship between a nation's financial system and its government's ability to restart the growth engine.
Download or read book The Growth of the Public Sector written by Norman Gemmell and published by Edward Elgar Publishing. This book was released on 1993 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important new book offers fresh insights into the growth of the public sector in advanced and developing economies. The economic causes and consequences of changes in the size of the public sector (especially changes in public expenditure) have fascinated economists from the time of Adam Smith. From the early 1960s, interest has focused particularly on changes in the share of national income devoted to public expenditure. This has exhibited a long-run upward trend since 1945 in almost all OECD countries. Substantial fluctuations over shorter periods have also been observed. Understanding the processes underlying these phenomena is of clear importance for public policy makers, and economists have developed numerous theories attempting to explain them. The major questions of interest are: what 'forces' have been causing the share of public expenditure in GDP to rise over the longer term? Are these forces susceptible to policy? Is the public sector taking an increasing share of 'real' resources? Can government attempts in major OECD countries to control or reduce the size of the public sector in the 1980s and 1990s be sustained? What consequences follow from their success or failure? The Growth of the Public Sector focuses on this important issue and assesses the contribution to current knowledge of different theories including public choice, bureaucracy models, relative price effects and Wagner's Law. It also contains a number of new case studies focusing on specific government activities such as education, health and social security.
Download or read book Handbook of Finance and Development written by Thorsten Beck and published by Edward Elgar Publishing. This book was released on 2018-07-27 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook provides a comprehensive overview of the relationship between financial and real sector development. The different chapters, written by leading contributors in the field, survey research on the importance of financial development for economic growth, the causes and consequences of financial fragility, the historic development of financial systems in several major economies and regions of the world, and the regulatory and supervisory underpinnings of financial sector development.
Download or read book Green Growth That Works written by Lisa Ann Mandle and published by . This book was released on 2019-09-12 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rapid economic development has been a boon to human well-being, but comes at a significant cost to the fertile soils, forests, coastal marshes, and farmland that support all life on earth. If ecosystems collapse, so eventually will human civilization. One solution is inclusive green growth--the efficient use of natural resources. Its genius lies in working with nature rather than against it. Green Growth That Works is the first practical guide to bring together pragmatic finance and policy tools that can make investment in natural capital both attractive and commonplace. Pioneered by leading scholars from the Natural Capital Project, this valuable compendium of proven techniques can guide agencies and organizations eager to make green growth work anywhere in the world.
Download or read book Conduct of Monetary Policy pursuant to the Full Employment and Balanced Growth Act of 1978 P L 95 523 written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1982 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Debt and Economic Growth written by Alfred Greiner and published by Springer Science & Business Media. This book was released on 2009-07-24 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.
Download or read book Mission Oriented Finance for Innovation written by Mariana Mazzucato and published by Rowman & Littlefield. This book was released on 2015-03-06 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the state in modern capitalism has gone beyond fixing market failures. Those regions and countries that have succeeded in achieving “smart” innovation-led growth have benefited from long-term visionary “mission-oriented” policies—from putting a man on the moon to tackling societal challenges such as climate change and the wellbeing of an ageing population. This book collects the experience of different types of mission-oriented public institutions around the world, together with thought-provoking chapters from leading economists. As the global debate on deficits and debt levels continues to roar, the book offers a challenge to the conventional narrative—asking what kinds of visionary fiscal policies we need to help promote "smart” innovation-led, inclusive, and sustainable growth.
Download or read book Public Capital Growth and Welfare written by Pierre-Richard Agénor and published by Princeton University Press. This book was released on 2013 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
