Péter Ákos Bod

Institutions of Economic Policy

A Comparative Analysis

Recent history offering in vivo tests of states in transformation

Are institutions the underlying determinants of nationwide economic performance? Or, do institutions constitute only one factor of this? Or, are the institutions themselves shaped by the performance through the backward direction of causation? These questions are open for discussion. It is not easy to gauge the impact of particular institutions, such as the national development planning, the tax incentives for Foreign Direct Investment (FDI), or the nationalization of key industries, to name a few policy issues about the efficiency and dynamism of economy.

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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