Recent developments in public economics have largely been in the direction of reaffirming the limits of the market and of establishing new ones. The possible existence of fundamental non-convexities, imperfect and asymmetric information, incentive compatibility, imperfect competition, strategic complementarity, and scale economies led to the conclusion that a large set of market failures exist; such situations also imply government failure. Acocella, considers this complicated picture and provides a discussion of the different approaches to establishing social 'rankings' of the possible situations and the underlying principles. The arguments for and against different institutions are then analysed at a micro and macroeconomic level. The market and the government are recognised as imperfect, and thus complementary, institutions. Specific policy targets and instruments are considered in the areas of micro and macro-economic policy. Special attention is devoted to questions of policy management in an open economy. Finally, problems of domestic and international policy co-ordination are considered.
In the age of globalisation both domestic and foreign economic policies play an important role in determining firms' strategies. Understanding such policies is an essential part of the cultural background of managers at all levels of a firm. 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. In this textbook, Professor Acocella analyses both sides of this relationship. Special emphasis is placed on current issues: in policymaking on the basis of social choice principles and the normative and positive theory of economic policy; and issues concerning the establishment of international public institutions that can match the global reach of the private institutions (markets and firms) that generate many of today's economic challenges. Broad in scope, this book is aimed at students who have completed an introductory course in both micro and macroeconomics.
In September 1909 Prime Minister Herbert Asquith came under attack during an event at Birmingham’s Bingley Hall. Members of the Women’s Social and Political Union (WSPU) - or ‘suffragettes’ as the papers had named them - prevented from attending the meeting by a heavy police presence, threw roof slates at Asquith’s car to register their frustration. Ten women were arrested and imprisoned for their actions that day. This incident was one of many that marked the campaign for women’s suffrage in Birmingham and the West Midlands. Often overlooked compared to London or Manchester, the region was nonetheless an important hub of the suffrage movement, at the heart of both the constitutional campaign for reform and militant action by the suffragettes. It witnessed explosions, vandalism and arson, as well as university debates, rallies, and vigorous newspaper campaigns. It also had the tragic honour of being the first place where the policy of force-feeding hunger-striking suffragettes in prison was implemented. The part the city played in the fight for universal suffrage has been forgotten for too long. This book examines the suffrage campaign in Birmingham from its beginnings in the 19th century to the First World War, from both militant and constitutional perspectives, exploring the significant incidents that took place in the city and telling the stories of the women who campaigned relentlessly for their democratic right to vote.
Poverty mapping in developing countries is used to identify ways to improve living standards and, until now, methods have been generally based on econometric models which do not take into account the spatial dependence that may exist in human societies, with regard to income distribution. This report uses spatial regression techniques to model more accurately the distribution of poverty across regions in Ecuador.
Poverty mapping in developing countries is used to identify ways to improve living standards and, until now, methods have been generally based on econometric models which do not take into account the spatial dependence that may exist in human societies, with regard to income distribution. This report uses spatial regression techniques to model more accurately the distribution of poverty across regions in Ecuador.
Il ricchissimo capo di una multinazionale farmaceutica, sua figlia, il suo compare, tanto misterioso quanto spietato. Un giovane ricercatore italiano che scopre una formula che può cambiare le sorti dell'umanità, una ragazza a cui è legato da un sentimento profondo, un narcotrafficante senza scrupoli, tra i più potenti del mondo. Sono questi i personaggi di un'avventura che si svolge in una parte remota del pianeta dove gli interessi economici sono l'unico valore morale.Riuscirà Anna a salvare Brando? Riuscirà Ann a salvare Anna e a risolvere i suoi problemi con il padre, Ishtar?Riuscirà Ishtar a diventare l'uomo più ricco del mondo?Una storia all'insegna dell'intrigo, delle false alleanze, dei tradimenti, in cui porsi un solo scrupolo potrebbe rivelarsi fatale.Una storia in cui ogni personaggio è costretto a fare i conti con se stesso ed il proprio passato e dove la "coscienza" giocherà un ruolo determinante per ognuno di loro.
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