Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

State, nation, and national economy

Let us start with the obvious: markets are institutions, and traditionally rather regulated ones. The very first repeated barter exchanges among tribesmen – goods for goods, that is, animal hide for grain, or fish for pottery – were already conducted in a certain customary manner, starting with shaking hands to show goodwill (and to make sure the other party is not carrying a knife…). Later on, the simple marketplaces in the churchyards or in the village squares were always regulated in some way or another since ancient times.

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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