Economic policy in the age of globalization.

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Title:

Author:

Acocella, Nicola, 1939-

ISBN:

9780521832823

9780521540384

Personal Author:

Acocella, Nicola, 1939-

Publication Information:

Cambridge : Cambridge University Press, 2005.

Physical Description:

xxvii, 509 p. : ill. ; 26 cm.

General Note:

Formerly CIP.

Contents:

1. Introduction -- 2. Market failures : microeconomic aspects -- 3. Market failures : macroeconomic aspects -- 4. The normative theory of economic policy -- 5. Government failures : elements of a positive theory of economic policy -- 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 -- 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 -- 16. Monetary systems and exchange rate regimes -- 17. Development and trade organisations -- 18. Regional public institutions : the European Union.

19. The internationalisation of private institutions : the globalisation of markets and production -- 20. The challenges of globalisation for public policies.

Subject Term:

Economic policy.

Globalization -- Economic aspects.

Electronic Access:

Table of contents http://www.loc.gov/catdir/toc/cam051/2004051110.html
Publisher description http://www.loc.gov/catdir/description/cam051/2004051110.html

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168015767706	338.9 A172E 2005	1	Searching... Unknown

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Summary

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.