Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

Rent-seeking and corruption: when the state is the problem

Corruption is as old as the state itself. The term has its roots in an analogy between the polis (state) and the human body. Just like the body can deteriorate, a similar process may happen to the system of government. As the Greek historian Polybius (ca. 203–120 BC) noted, monarchy has a tendency to degenerate into tyranny, aristocracy into oligarchy, and democracy into mob rule.

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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