In the age of globalization, both domestic and foreign economic policies play an important role in determining firms' strategies. At the same time, firms' choices have a greater impact on economic policymaking in a global economy, as the range of alternatives open to them expands. Nicola Acocella analyzes both sides of this relationship and places special emphasis on current issues. Broad in scope, this book is aimed at students who have completed an introductory course in both micro- and macro-economics.
In the age of globalization, both domestic and foreign economic policies play an important role in determining firms' strategies. At the same time, firms' choices have a greater impact on economic policymaking in a global economy, as the range of alternatives open to them expands. Nicola Acocella analyzes both sides of this relationship and places special emphasis on current issues. Broad in scope, this book is aimed at students who have completed an introductory course in both micro- and macro-economics.
Nicola Acocella is Professor of Economic Policy at the University of Rome 'La Sapienza'.
Inhaltsangabe
Preface List of symbols 1. Introduction Part I. The Market, Efficiency and Equity: 2. Market failures: microeconomic aspects 3. Market failures: macroeconomic aspects Part II. Normative and Positive Theory of Economic Policy: 4. The normative theory of economic policy 5. Government failures: elements of a positive theory of economic policy Part III. Microeconomic Policies: 6. Property rights, corporate governance and public enterprises 7. Competition policies. Policies for externalities and public goods 8. Industrial and regional policies. Redistributive policies 9. Social choice and cost-benefit analysis Part IV. Macroeconomic Policies: 10. Macroeconomic schemes of analysis in an open economy 11. Macroeconomic objectives and monetary policy 12. Macroeconomic objectives and fiscal policy 13. Incomes and price policies 14. Balance of payments policies 15. Trade policies: free trade and protectionism Part V. Private and Public Institutions in an International Setting: 16. Monetary systems and exchange rate regimes 17. Development and trade organisations 18. Regional public institutions: the European Union Part VI. Globalisation and the Quest for a New Institutional Setting: 19. The internationalisation of private institutions: the globalisation of markets and production 20. The challenges of globalisation for public policies List of references List of boxes Author index Subject index.
Preface List of symbols 1. Introduction Part I. The Market, Efficiency and Equity: 2. Market failures: microeconomic aspects 3. Market failures: macroeconomic aspects Part II. Normative and Positive Theory of Economic Policy: 4. The normative theory of economic policy 5. Government failures: elements of a positive theory of economic policy Part III. Microeconomic Policies: 6. Property rights, corporate governance and public enterprises 7. Competition policies. Policies for externalities and public goods 8. Industrial and regional policies. Redistributive policies 9. Social choice and cost-benefit analysis Part IV. Macroeconomic Policies: 10. Macroeconomic schemes of analysis in an open economy 11. Macroeconomic objectives and monetary policy 12. Macroeconomic objectives and fiscal policy 13. Incomes and price policies 14. Balance of payments policies 15. Trade policies: free trade and protectionism Part V. Private and Public Institutions in an International Setting: 16. Monetary systems and exchange rate regimes 17. Development and trade organisations 18. Regional public institutions: the European Union Part VI. Globalisation and the Quest for a New Institutional Setting: 19. The internationalisation of private institutions: the globalisation of markets and production 20. The challenges of globalisation for public policies List of references List of boxes Author index Subject index.
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