Inefficient Lobbying, Populism and Oligarchy

Inefficient Lobbying, Populism and Oligarchy PDF Author: Filipe R. Campante
Publisher: World Bank Publications
ISBN:
Category : Lobbying
Languages : en
Pages : 33

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Book Description

Inefficient Lobbying, Populism and Oligarchy

Inefficient Lobbying, Populism and Oligarchy PDF Author: Filipe R. Campante
Publisher: World Bank Publications
ISBN:
Category : Lobbying
Languages : en
Pages : 33

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Book Description


Inefficient Lobbying, Populism, and Oligarchy

Inefficient Lobbying, Populism, and Oligarchy PDF Author: Filipe R. Campante
Publisher:
ISBN:
Category :
Languages : en
Pages : 33

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Book Description
Campante and Ferreira investigate the theoretical effects of lobbying and pressure group activities on both economic efficiency and on equity. Looking at lobbying as a political activity that takes place alongside production, they find that lobbies may generate economic inefficiency as part of the process of shifting the allocation of government expenditures in their favor. Outcomes of this nonelectoral political process will always be biased toward the group with a comparative advantage in politics, rather than in production. In a context where the main political conflict is one between quot;the richquot; and quot;the poor,quot; political equilibria may be either populist (inefficiently pro-poor) or oligarchic (inefficiently pro-rich), depending on each group's lobbying effectiveness.This paper - a product of the Poverty Team, Development Research Group - is part of a larger effort in the group to understand the political economy of income distribution.

Inefficient Lobbying, Populism and Oligarchy

Inefficient Lobbying, Populism and Oligarchy PDF Author: Francisco H. G. Ferreira
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
This paper analyzes the efficiency consequences of lobbying in a production economy with imperfect commitment. We first show that the Pareto efficiency result found for truthful equilibria of common agency games in static exchange economies no longer holds under these more general conditions. We construct a model of pressure groups where the set of efficient truthful common-agency equilibria has measure zero. Second, we show that under fairly general assumptions, the equilibrium will be biased against the group with the highest productivity of private capital, reflecting the fact that, on the margin, less productive groups find lobbying relatively more rewarding. Finally, as an application, if lobbies representing the quot;poorquot; and the quot;richquot; have identical organizational capacities, we show that the equilibrium is biased towards the poor, who have a comparative advantage in politics, rather than in production. If the pressure groups differ in their organizational capacity, both pro-rich (oligarchic) and pro-poor (populist) equilibria may arise, all of which are inefficient with respect to the constrained optimum.

A Research Agenda for Studies of Corruption

A Research Agenda for Studies of Corruption PDF Author: Alina Mungiu-Pippidi
Publisher: Edward Elgar Publishing
ISBN: 1789905001
Category : Political Science
Languages : en
Pages : 233

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Book Description
This interdisciplinary Research Agenda contains state-of-the-art surveys of the field of corruption and points towards an agenda for future research. This comprehensive work covers the main approaches to diagnosing, analysing and measuring corruption, as well as the ways to tackle it. Chapters explore top political and grassroots corruption, buying and stealing votes, corruption in relation to gender and the media, digital anti-corruption and an examination of whistleblowing and market-based tools.

The Oxford Handbook of Populism

The Oxford Handbook of Populism PDF Author: Cristóbal Rovira Kaltwasser
Publisher: Oxford University Press
ISBN: 0198803567
Category : Political Science
Languages : en
Pages : 737

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Book Description
The Oxford Handbook of Populism presents the state of the art of research on populism from the perspective of Political Science. The book features work from the leading experts in the field, and synthesizes the main strands of research in four compact sections: concepts, issues, regions, and normative debates. Due to its breath, The Oxford Handbook of Populism is an invaluable resource for those interested in the study of populism, but also forexperts in each of the topics discussed, who will benefit from accounts of current discussions and research gaps, as well as a map of new directions in the study of populism.

IMF Research Perspectives

IMF Research Perspectives PDF Author: Ms.Sweta Chaman Saxena
Publisher: International Monetary Fund
ISBN: 1484362241
Category : Business & Economics
Languages : en
Pages : 18

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Book Description
IMF Research Perspective (formerly published as IMF Research Bulletin) is a new, redesigned online newsletter covering updates on IMF research. In the inaugural issue of the newsletter, Hites Ahir interviews Valeria Cerra; and they discuss the economic environment 10 years after the global financial crisis. Research Summaries cover the rise of populism; economic reform; labor and technology; big data; and the relationship between happiness and productivity. Sweta C. Saxena was the guest editor for this inaugural issue.

Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy

Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy PDF Author: Baporikar, Neeta
Publisher: IGI Global
ISBN: 1466687991
Category : Business & Economics
Languages : en
Pages : 633

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Book Description
The rapid rise of knowledge-based economies has revolutionized the perceptions and practices of globalized business. Recent developments in engineering, electronics, and biotechnology have expanded the very definition of entrepreneurship in today’s international market, weaving discussions of enhanced connectivity and communication, environmental sustainability, and government policy changes into a complex, multidimensional conversation. The Handbook of Research of Entrepreneurship in the Contemporary Knowledge-Based Global Economy provides a comprehensive survey of the most recent developments in the field of entrepreneurship, highlighting their effects on information technology, business networking, knowledge production, distribution, and organization. This timely publication features extensive coverage of the fast-developing entrepreneurial field, illuminating recent technological, social, and strategic innovations in language that is accessible for a worldwide audience of business educators, researchers, and students. This authoritative text showcases research-based articles on entrepreneurship for knowledge economies; academic entrepreneurship; women and entrepreneurship; entrepreneurship education; organizational learning ability; innovations in industry, agriculture, and management; and the evolution of a new, all-inclusive corporate culture.

Environmental and Human Security in the Arctic

Environmental and Human Security in the Arctic PDF Author: Gunhild Hoogensen Gjørv
Publisher: Routledge
ISBN: 1134634854
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This is the first comprehensive exploration of why human security is relevant to the Arctic and what achieving it can mean, covering the areas of health of the environment, identity of peoples, supply of traditional foods, community health, economic opportunities, and political stability. The traditional definition of security has already been actively employed in the Arctic region for decades, particularly in relation to natural resource sovereignty issues, but how and why should the human aspect be introduced? What can this region teach us about human security in the wider world? The book reviews the potential threats to security, putting them in an analytical framework and indicating a clear path for solutions.Contributions come from natural, social and humanities scientists, hailing from Canada, Russia, Finland and Norway. Environmental Change and Human Security in the Arctic is an essential resource for policy-makers, community groups, researchers and students working in the field of human security, particularly for those in the Arctic regions.

World Bank Research Digest

World Bank Research Digest PDF Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 28

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Book Description


Advanced Macroeconomics

Advanced Macroeconomics PDF Author: Filipe R. Campante
Publisher: LSE Press
ISBN: 1909890707
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught at the undergraduate level and the level at which it is practiced. At the same time, doctoral-level textbooks are usually not targeted at a policy audience, making advanced macroeconomics less accessible to current and aspiring practitioners. This book, born out of the Masters course the authors taught for many years at the Harvard Kennedy School, fills this gap. It introduces the tools of dynamic optimization in the context of economic growth, and then applies them to a wide range of policy questions – ranging from pensions, consumption, investment and finance, to the most recent developments in fiscal and monetary policy. It does so with the requisite rigor, but also with a light touch, and an unyielding focus on their application to policy-making, as befits the authors’ own practical experience. Advanced Macroeconomics: An Easy Guide is bound to become a great resource for graduate and advanced undergraduate students, and practitioners alike.