Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

Further policy areas

We have so far covered several important economic policy aspects of the modern state – but not all. What is obviously missing here belongs to the “soft” areas of economic policy, unlike the “hard factors” from the viewpoint of what Evans named “capital fundamentalism”. Soft and hard are relative concepts, though. Endogenous growth explanations recognise the role of capital, but place emphasis elsewhere: on humans and their institutions. Demography is as hard as anything, health is crucial, and education policy is not less important than trade or investment. People live in physical spaces, and businesses have locations, thus regionality and cities are determining issues in economic and social life. Technology is typically seen as hard, but cutting-edge research is contingent in socio-eco-systems with various “soft” components, such as lifestyle and cultural diversity.

Tartalomjegyzék

Kiadó: Akadémiai Kiadó

Online megjelenés éve: 2020

ISBN: 978 963 059 970 2

Gazdaság

The reader is introduced to the purpose, structure, and organizational features of the most important institutions of market economy, such as the Treasury (Ministry of Finance), central (national) bank, bodies responsible for structural changes, supervision of competition, and regulators of strategic industries. The focus of the book is on open trade dependent states, with particular emphasis new member states of the European Union where the institutional order has been shaped by legacies of previous era as well as by policy transfer and policy advice through membership in EU, OECD, IMF and other international institutions. The bulk of the book deals with the comprehensive analysis of institutions of fiscal, monetary, competition, social, spatial policies, and with the emerging trends of new practices.

Hivatkozás: https://mersz.hu/bod-institutions-of-economic-policy//

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