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| stiglitz economics of the public sector solutions: The Great Divide Joseph E. Stiglitz, 2015-06-04 Why has inequality increased in the Western world - and what can we do about it? In The Great Divide, Joseph E. Stiglitz expands on the diagnosis he offered in his best-selling book The Price of Inequality and suggests ways to counter this growing problem. With his characteristic blend of clarity and passion, Stiglitz argues that inequality is a choice - the cumulative result of unjust policies and misguided priorities. In these essays, articles and reflections, Stiglitz fully exposes the inequality - from its dimensions and its causes to its consequences for the world - that is afflicting America and other Western countries in thrall to neoliberalism. From Reagan-era policies to the Great Recession and its long aftermath, Stiglitz delves into the processes and irresponsible policies - deregulation, tax cuts for the rich, the corruption of the political process - that are leaving many people further and further behind and turning the dream of a socially mobile society into an ever more unachievable myth. With formidable yet accessible economic insight, he urges us to embrace real solutions: increasing taxes on corporations and the wealthy; investing in education, science, and infrastructure; helping homeowners instead of banks; and, most importantly, doing more to restore the economy to full employment. Stiglitz's analysis reaches beyond America - the inequality leader of the developed world - to draw lessons from Scandinavia, Singapore, and Japan, and he argues against the tide of unnecessary, destructive austerity that is sweeping across Europe. Ultimately, Stiglitz believes our choice is not between growth and fairness; with the right policies, we can choose both. |
| stiglitz economics of the public sector solutions: People, Power, and Profits: Progressive Capitalism for an Age of Discontent Joseph E. Stiglitz, 2019-04-23 “Urgent work, by the foremost champion of ‘progressive capitalism.’ ” —The New Yorker An authoritative account of the dangers of unfettered markets and monied politics, People, Power, and Profits shows us an America in crisis. The American people, however, are far from powerless, and Joseph Stiglitz provides an alternative path forward through his vision of progressive capitalism, with a comprehensive set of political and economic changes. |
| stiglitz economics of the public sector solutions: Freefall: America, Free Markets, and the Sinking of the World Economy Joseph E. Stiglitz, 2010-10-04 An incisive look at the global economic crisis, our flawed response, and the implications for the world’s future prosperity. The Great Recession, as it has come to be called, has impacted more people worldwide than any crisis since the Great Depression. Flawed government policy and unscrupulous personal and corporate behavior in the United States created the current financial meltdown, which was exported across the globe with devastating consequences. The crisis has sparked an essential debate about America’s economic missteps, the soundness of this country’s economy, and even the appropriate shape of a capitalist system. Few are more qualified to comment during this turbulent time than Joseph E. Stiglitz. Winner of the 2001 Nobel Prize in Economics, Stiglitz is “an insanely great economist, in ways you can’t really appreciate unless you’re deep into the field” (Paul Krugman, New York Times). In Freefall, Stiglitz traces the origins of the Great Recession, eschewing easy answers and demolishing the contention that America needs more billion-dollar bailouts and free passes to those “too big to fail,” while also outlining the alternatives and revealing that even now there are choices ahead that can make a difference. The system is broken, and we can only fix it by examining the underlying theories that have led us into this new “bubble capitalism.” Ranging across a host of topics that bear on the crisis, Stiglitz argues convincingly for a restoration of the balance between government and markets. America as a nation faces huge challenges—in health care, energy, the environment, education, and manufacturing—and Stiglitz penetratingly addresses each in light of the newly emerging global economic order. An ongoing war of ideas over the most effective type of capitalist system, as well as a rebalancing of global economic power, is shaping that order. The battle may finally give the lie to theories of a “rational” market or to the view that America’s global economic dominance is inevitable and unassailable. For anyone watching with indignation while a reckless Wall Street destroyed homes, educations, and jobs; while the government took half-steps hoping for a “just-enough” recovery; and while bankers fell all over themselves claiming not to have seen what was coming, then sought government bailouts while resisting regulation that would make future crises less likely, Freefall offers a clear accounting of why so many Americans feel disillusioned today and how we can realize a prosperous economy and a moral society for the future. |
| stiglitz economics of the public sector solutions: The Economics of Public Services Robert P Inmand, 2015-12-30 |
| stiglitz economics of the public sector solutions: The Welfare State Revisited José Antonio Ocampo, Joseph E. Stiglitz, 2018-03-27 The welfare state has been under attack for decades, but now more than ever there is a need for strong social protection systems—the best tools we have to combat inequality, support social justice, and even improve economic performance. In this book, José Antonio Ocampo and Joseph E. Stiglitz bring together distinguished contributors to examine the global variations of social programs and make the case for a redesigned twenty-first-century welfare state. The Welfare State Revisited takes on major debates about social well-being, considering the merits of universal versus targeted policies; responses to market failures; integrating welfare and economic development; and how welfare states around the world have changed since the neoliberal turn. Contributors offer prescriptions for how to respond to the demands generated by demographic changes, the changing role of the family, new features of labor markets, the challenges of aging societies, and technological change. They consider how strengthening or weakening social protection programs affects inequality, suggesting ways to facilitate the spread of effective welfare states throughout the world, especially in developing countries. Presenting new insights into the functions the welfare state can fulfill and how to design a more efficient and more equitable system, The Welfare State Revisited is essential reading on the most discussed issues in social welfare today. |
| stiglitz economics of the public sector solutions: The Economics of Services J. O. Jansson, 2013-01-01 Acclaim for the first edition: ÔThis is a well-written, provocative book, featuring much new material, original data analyses and interesting insights. Despite the proliferation of books on various aspects of services, there is nothing quite like it around. In particular, examination of the challenges that the growth of services presents to conventional economics is very valuable.Õ Ð Ian Miles, University of Manchester, UK ÔThis is an intriguing book that contains many interesting ways of conceptualising service from the perspective of economics. It makes a number of important contributions to the academic literature. It is one of the very few books and it might even be the only book to be written by an economist on the economics of services Ð it is thus a pioneer work and is of value in that it attempts to bring together the work that economists have done on services.Õ Ð John Bryson, University of Birmingham, UK Despite the fact that services have overtaken industry in terms of employment and GDP in developed countries, rigorous economic study of the service sector remains seriously neglected. The first edition of The Economics of Services initiated a redress of this oversight. Fully revised and updated, the second edition of this highly acclaimed textbook should be required complimentary reading to mainstream microeconomics textbooks for graduate students of economics and for advanced courses in labour, urban and regional economics, economic geography and economic history. The text emphasizes the distinction between intermediate producer services and final consumer services. Many of the former are traded in global markets much like material goods in general, whilst the markets for consumer services are markedly local. This requires quite different micro-foundations in each case. Other key issues explored include the productivity development and quality of service measurements, and the key role of urbanization for service sector growth. The critical issues for the future of the real economy beyond the financial crisis are also analysed in depth, and the author illustrates how a better understanding of the nature of the service economy is necessary for policy innovation with a view to regenerating the welfare state. |
| stiglitz economics of the public sector solutions: Rewriting the Rules of the American Economy: An Agenda for Growth and Shared Prosperity Joseph E. Stiglitz, 2015-11-02 It’s time to rewrite the rules—to curb the runaway flow of wealth to the top one percent, to restore security and opportunity for the middle class, and to foster stronger growth rooted in broadly shared prosperity. Inequality is a choice. The United States bills itself as the land of opportunity, a place where anyone can achieve success and a better life through hard work and determination. But the facts tell a different story—the U.S. today lags behind most other developed nations in measures of inequality and economic mobility. For decades, wages have stagnated for the majority of workers while economic gains have disproportionately gone to the top one percent. Education, housing, and health care—essential ingredients for individual success—are growing ever more expensive. Deeply rooted structural discrimination continues to hold down women and people of color, and more than one-fifth of all American children now live in poverty. These trends are on track to become even worse in the future. Some economists claim that today’s bleak conditions are inevitable consequences of market outcomes, globalization, and technological progress. If we want greater equality, they argue, we have to sacrifice growth. This is simply not true. American inequality is the result of misguided structural rules that actually constrict economic growth. We have stripped away worker protections and family support systems, created a tax system that rewards short-term gains over long-term investment, offered a de facto public safety net to too-big-to-fail financial institutions, and chosen monetary and fiscal policies that promote wealth over full employment. |
| stiglitz economics of the public sector solutions: The 97% Swing Trade Tim Morris, 2021-09-17 ▮▮▮▮▮▮▮▮▮▮▮▮▮ Stop Listening to Authors Who Won't Show You Proof! ▮▮▮▮▮▮▮▮▮▮▮▮▮ Condensed stats can be found at - linkpony.com/97stats - with a link to full statistics included in Chapter 6 In this book, best-selling, no-BS, finance author Tim Morris goes over a swing trading strategy which he has coined The 97% Swing Trade. By proving the results with over 10 years of data, which include multiple corrections and the crash of 2020, Tim lays out a swing trading strategy that has a 17.50% annual return, an average trade duration of just 10 days, and a 97.71% win rate (with all statistics shown in Chapter 6). There are no special programs, confusing algorithms, or costly subscriptions required. Everything needed to use this strategy is free on FinViz! Here's the concept behind the trade: ► Use the free website FinViz to find the stocks which are eligible to trade (which takes less than 5 minutes). ► Put in your order and wait for it to get executed. ► Once executed, sell at the exact exit point Tim provides. You may have read some books where you could spend hours searching for a good setup. Who wants to do that? This trade is limited to just a handful of stocks, which take all of 5 minutes to find on your computer. This is easily done on the website FinViz, which Tim of course shows you how to do in the book. Tim includes detailed charts, trading examples, and statistics to help you understand the concepts behind the strategy. He also gives you the exact entry and exit points, and even where to set your stop loss. Meaning you know exactly where to get in and get out. No guess work! It really can't get any simpler than the strategy Tim shows you in this book! ━━━━━━━━━━━▼━━━━━━━━━━━ As a complimentary bonus, only for book buyers, you'll receive Tim's special report titled Crush the Market. This special report is packed with 14 incredibly beneficial tips to help you make money in the stock market! This report is not available to the general public, or anywhere else. It exists solely as a thank you to buyers of this book. ━━━━━━━━━━━▲━━━━━━━━━━━ Sick of reading about trade ideas that don't work? Click the Buy Now button at the top of this page and pick up your copy of The 97% Swing Trade NOW! |
| stiglitz economics of the public sector solutions: Public Sector Economics for Developing Countries Michael Howard, 2001 A discussion of the impact of government revenues and expenditures on economic activity, with special reference to developing countries. Michael Howard raises theoretical and empirical issues relating to the role of the public sector in economic development. |
| stiglitz economics of the public sector solutions: Economic Sociodynamics Ruslan Grinberg, Alexander Rubinstein, 2005-02-24 In this ambitious book, the authors challenge mainstream economic theory to present a new theoretical concept on modern economic reality. The book reveals in detail the key notions of the sociodynamic multiplier and the rational behavior of the state. |
| stiglitz economics of the public sector solutions: Making Globalization Work Joseph E. Stiglitz, 2007-08-28 Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate. |
| stiglitz economics of the public sector solutions: Handbook of Public Finance Fred Thompson, Mark T. Green, 1998-02-04 Presenting emphases on and approaches to issues such as government spending, reporting, pricing and fiscal federalism, the Handbook of Public Finance demonstrates the utility of integrating public finance theory with actual public policy practices. It discusses applications in major subfields of public finance, including public education, environmental regulation, energy policy, social welfare programs, and local and state politics. Other topics of discussion include the theory and practice of tax incidence analysis; the marginal costs of taxation and regulation, the economics of expenditure incidence, discounting and the social discount rate; passive use benefits, and public sector pricing. |
| stiglitz economics of the public sector solutions: Fundamentals of Public Budgeting and Finance Aman Khan, 2024-07-22 Budgeting is arguably the single most important function in government. Every year governments spend considerable sums on expenditure programs and activities, as well as time preparing and executing the budget. It is therefore crucial that anyone interested in a career in public administration has a fundamental grasp of these basics. This second edition textbook integrates theory and practice of public budgeting into a single volume. The first part introduces the background to budgeting, focusing especially on taxation, government expenditure and revenue. The second part focuses on budgeting basics, in particular operating and capital budget. The final part deals with budgeting tools, especially those related to capital rationing, budget forecasting, and analyzing government revenue and expenditure. Written in a concise and easy to understand manner, this book captures the multidimensional nature of public budgeting that both students and practitioners will find useful. This second edition has been fully revised and updated, as well as expanded to include new material and exercises. It will appeal to all those studying public administration, financial management and public budgeting. |
| stiglitz economics of the public sector solutions: The Outer Limits of European Union Law Catherine Barnard, Okeoghene Odudu, 2009-03-05 A commonly expressed view is that the citizens and the Member States are destined to be overcome by the European Union. There is a sense that the Union of today is not what was intended to be created or acceded to by the Member States or its citizens. The Outer Limits of European Union Law brings together a diverse group of legal scholars to consider aspects of EU substantive, constitutional and procedural law in a manner highlighting the many senses in which the European Union is or can be limited and so demonstrating that the fear of being overcome is largely a false fear. By exploring the mechanisms and devices used to limit the European Union, the contributors also reveal not only the strengths of the various limits, but also and more crucially the weakness of the limits , thereby demonstrating that the prospect of being overcome may be a genuine risk to be guarded against. By considering general themes (eg legitimacy) and core subject areas (eg policing, free movement of goods, remedies) the book reveals the various techniques used by the Court of Justice, Community institutions and Member States to define and modify the outer limits of the European Union and European Union Law. |
| stiglitz economics of the public sector solutions: Economic Analysis of the DCFR Filomena Chirico, Pierre Larouche, 2010-03-12 The Economic Impact Group (EIG) was created to support the work on the DCFR with insights from law and economics. It brings together a number of leading European law and economics scholars. The Group looked at the main elements of the DCFR with two questions in mind: from an economic perspective, is it sensible to harmonize private law across Europe for this specific element, and is the solution chosen in the DCFR optimal? This book presents the outcome of the work of the EIG. It deals with key issues such as the function of contract law, contract formation, good faith, non-discrimination, specific performance versus damages, standard contractual terms and consumer protection in contract law. The EIG complements the work of the drafters of the DCFR with insightful and critical assessments, based on the well-established law and economics literature. |
| stiglitz economics of the public sector solutions: Government and Business: American Political Economy in Comparative Perspective Richard Lehne, 2012-03-23 Examining the nexus of government and business in some of the world's most prominent industrial nations, the author explores the strategies adopted by business to influence governmental acdtions and analyzes the public policies that bind business to the state. |
| stiglitz economics of the public sector solutions: Democratic Professionalism in Public Services Jane Lethbridge, 2019-06-05 Democratic professionalism is an approach that enables public service professionals to work more democratically with clients, patients, students and other public service users. This book explores what it means to act in a democratic way and provides practical guidance which will help public service professionals ensure users are at the centre of public services delivery, drawing from examples of different public services around the world. It considers the conflicts and tensions of being an activist and a professional and provides a vision for a future democratic professionalism. |
| stiglitz economics of the public sector solutions: Progressive Commercialization of Airline Governance Culture Jan Walulik, 2016-08-05 Progressive Commercialization of Airline Governance Culture analyzes the transition of the airline sector from the not-for-profit nation-bound public utility model towards a profit-oriented globalized industry. It illustrates how legal, political, historical and cultural factors have shaped the corporate governance in the airline sector, and describes how these factors influence economic decisions and performance. The unique feature of the book is that the subject is consequentially discussed from the perspective of airline governance culture. This approach links the examination of legal and policy factors which influence airline activities together with a discussion of economic issues, all within one clear, coherent and comprehensive framework. |
| stiglitz economics of the public sector solutions: Public Money Kaoru Yamaguchi, Yokei Yamaguchi, 2025-02-25 In this book the authors take a scientific scalpel to the “money problem” by applying the Accounting System Dynamics (ASD) method they developed and identifies the root cause of the major problems facing our economy. Specifically, the ASD method has made it possible to propose a paradigm shift in economics by challenging the mainstream theories that fail to incorporate endogenous debt money, including standard IS-LM analysis, new Keynesian and neoclassical models, and recent Modern Money Theory (MMT). Building on empirical and theoretical analyses, this book then proposes the issuance of Electronic Public Money (EPM) that will end national debt, banking crisis, built-in inequality and inflation, while protecting privacy and freedom against Central Bank Digital Currency (CBDC) that will bring about a total surveillance and dystopian society. The book also discusses feasibility and desirability of Uniform Tax System that will solve the problem of double taxation and makes tax evasions impractical. Finally, the book offers a new socioeconomic system design of MuRatopia (green village economy) beyond the failures of capitalism, communism and globalism. Comprehensive, critical, yet visionary and cosmopolitan, this book is an essential reading not only for professionals and students of economics, but also for general readers seeking a clear exposition of the systemic failures of the current debt-based economy and a practical solution toward achieving long-term sustainability. |
| stiglitz economics of the public sector solutions: The Student's Companion to Social Policy Pete Alcock, Margaret May, Sharon Wright, 2012-01-30 These essays convey the immediacy of social policy's intellectual and political engagements with the world, and its practical applications in research and employment. They also provide an overview of resources available to students. |
| stiglitz economics of the public sector solutions: The Definition of Subsidy and State Aid Luca Rubini, 2009-12-24 This book presents a conceptual analysis of the definitions of state aid and subsidy in EC and WTO law. It provides a comparative analysis of the regulation of subsidy in both systems, examining the coherence of the conceptual understanding of subsidy and the grounds for legitimate state intervention. |
| stiglitz economics of the public sector solutions: Copyright, Contracts, Creators Giuseppina D'Agostino, 2010-01-01 `Copyright, Contracts, Creators provides a new and original analysis on the relationship between owners and creators and recommendations for legislative change to re-balance the relationship. It is a must-read for the intellectual property legal community and anyone interested in the promotion of creative works.'- Marshall Rothstein, Justice of the Supreme Court of Canada `Dr Giuseppina D'Agostino is a protector of the arts, and her work on intellectual property is designed not only to bring law and order to our digital universe but to bring hope to the artists, poets and writers whose only hope of pursuing their artistry is to earn income for their craft. A wonderful book by one of the most wonderful and forward thinking minds in this subject area.' -Tony Chapman, Founder and CEO, Capital C, Canada `Dr D `Agostino has produced an important, carefully documented and courageous study that deserves to be widely read and discussed and (dare one say?) even to have its message heeded.' - David Vaver, University of Oxford, UK. Copyright, Contracts, Creators evaluates the efficacy of current copyright law to address the contracting and use of creative works. It looks in particular at freelance works and argues that their copyright treatment on a national and international level is inadequate to resolve ambiguities in the contracting and uses of the work. Giuseppina D'Agostino discusses how historically laws and courts were more sympathetic to creators, and how the Internet revolution has shifted the scales to favour owners. Consequently, creators often find themselves at opposing ends with copyright owners, and in a disproportionately weaker bargaining position that places tremendous strain on their livelihoods. She argues that this predicament puts society at risk of losing its most valued asset: professional creators. The author calls for a new framework to justify legislative provisions and resolve ambiguities while suggesting principles and mechanisms to address the inadequate treatment of freelance work. |
| stiglitz economics of the public sector solutions: Principles of Enterprise Law Ewan McGaughey, 2022-09-01 Major enterprises shape our lives in countless ways: big tech and 'surveillance media' that affect democratic debate, algorithms that influence online shopping, transport to work and home, energy and agriculture corporations that drive climate damage, and public services that provide our education, health, water, and housing. The twentieth century experienced swings between private and public ownership, between capitalism and socialism, without any settled, principled outcome, and without settling major questions of how enterprises should be financed, governed and the rights we have in them. This book's main question is 'are there principles of enterprise law', and, if they are missing, 'what principles of enterprise law should there be'? Principles of Enterprise Law gives a functional account of the 'general' enterprise laws of companies, investment, labour, competition and insolvency, before moving into specific enterprises, from universities to the military. It is an original guide to our economic constitution and human rights. |
| stiglitz economics of the public sector solutions: Improving Public Services Douglas J. Besharov, Karen J. Baehler, Jacob Alex Klerman, 2017 This volume spotlights recent advances in the worldwide use of quantitative performance measures in the public sector, especially approaches that incorporate program evaluation techniques. Chapters include single-country case studies, multi-country comparisons, and thoughtful essays on the challenges of making performance measurement and management work in diverse settings. |
| stiglitz economics of the public sector solutions: Local Provision of Public Services George R. Zodrow, 2013-09-03 Local Provision of Public Services: The Tiebout Model after Twenty-Five Years describes several theoretical and empirical branches of economic research related to Charles Tiebout's provocative hypothesis that consumer mobility and interjurisdictional competition result in an efficient allocation of resources to the local public sector. The book provides insights on the issues being considered in policy debates regarding the appropriate means of providing essential public services. Chapters in the book include an overview of the Tiebout model; income redistribution in a federal system; empirical relationships in the political economy of local public finance; and two conflicting views of the incidence of the property tax. Economists, local government leaders, and experts in public finance will find the book very insightful. |
| stiglitz economics of the public sector solutions: Beyond the Washington Consensus Shahid Javed Burki, Guillermo Perry, 1998-01-01 This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration. |
| stiglitz economics of the public sector solutions: International Public Goods and Transfer of Technology Under a Globalized Intellectual Property Regime Keith E. Maskus, Jerome H. Reichman, 2005-06-08 Distinguished economists, political scientists, and legal experts discuss the implications of the increasingly globalized protection of intellectual property rights for the ability of countries to provide their citizens with such important public goods as basic research, education, public health, and environmental protection. Such items increasingly depend on the exercise of private rights over technical inputs and information goods, which could usher in a brave new world of accelerating technological innovation. However, higher and more harmonized levels of international intellectual property rights could also throw up high roadblocks in the path of follow-on innovation, competition and the attainment of social objectives. It is at best unclear who represents the public interest in negotiating forums dominated by powerful knowledge cartels. This is the first book to assess the public processes and inputs that an emerging transnational system of innovation will need to promote technical progress, economic growth and welfare for all participants. |
| stiglitz economics of the public sector solutions: Global Challenges in Public Finance and International Relations Şahin Duran, Deniz, Temür, Yusuf, Bozdoğan, Doğan, 2019-03-29 Although the concept of international public goods has been established, new international public needs arise by the day. For example, while there are many taxation problems and debates that have not yet been resolved internationally, many new tax-related problems like international transfer pricing, taxation of virtual profits, and taxation of electronic commerce are being added. These issues require studies that will discuss a new agenda and propose solutions for these dilemmas and problems. Global Challenges in Public Finance and International Relations provides an innovative and systematic examination of the present international financial events and institutions, international financial relations, and fiscal difficulties and dilemmas in order to discuss solutions for potential problems in the postmodern world. Highlighting topics such as international aid, public debt, and corporate governance, this publication is designed for executives, academicians, researchers, and students of public finance. |
| stiglitz economics of the public sector solutions: Polity and Crisis Massimo Fichera, Sakari Hänninen, 2016-04-22 European integration is an open-ended, ongoing process which has been deeply challenged by integral world capitalism. This study explores the present EU foundational dilemma, looking at the problematic relationship between the ideal model of integration and the reality of the 21st century. Including contributions from leading theorists, this volume explores the ways and extent to which the present European crisis could create a politico-legal space for new possibilities and opportunities for action. The authors discuss the current role of the EU, and whether it aspires to be a democratic polity or a functional organization based on inter-governmental bargaining. The chapters question whether the future of European integration after the crisis will be paved by decisions which conflict with its Treaty basis, and how it might come up with alternatives which would do more than echo the compulsions of the global market. Issues are analysed from a historical perspective to see what can be learnt from its past and to explore the options for the future. With contributions from prominent international legal and political scholars, the book will be of interest to academics, students and policy-makers working in these areas. |
| stiglitz economics of the public sector solutions: Climate Justice and Collective Action Angela Kallhoff, 2021-05-20 This book develops a theory of climate cooperation designed for concerted action, which emphasises the role and function of collectives in achieving shared climate goals. In debates on climate change action, research focuses on three major goals: on mitigation, on adaptation and on transformation. Even though these goals are accepted, concerted action is still difficult to realize. Climate Justice and Collective Action provides an analysis of why this is the case and develops a theory of climate cooperation designed to overcome the existing roadblocks. Angela Kallhoff starts with a thorough analysis of failures of collective action in the context of climate change action. Taking inspiration from theories of water cooperation, she then establishes a theory of joint action that reframes climate goals as shared goals and highlights the importance of adhering to principles of fairness. This also includes an exploration of the normative claims working in the background of climate cooperation. Finally, Kallhoff puts forward proposals for a fair allocation of duties to cooperate with respect to climate goals. This book will be of great interest to students and scholars of climate action, climate justice, environmental sociology and environmental philosophy and ethics more broadly. |
| stiglitz economics of the public sector solutions: The Value of Everything Mariana Mazzucato, 2018-09-11 Modern economies reward activities that extract value rather than create it. This must change to ensure a capitalism that works for us all. Shortlisted for the FT & McKinsey Business Book of the Year Award A scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it. The book uses case studies-from Silicon Valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society. |
| stiglitz economics of the public sector solutions: Tax and Technology Annika Streicher, Svitlana Buriak, 2023-10-13 The challenges and opportunities of new technologies in the tax field Technological developments induced major reforms in the regulatory international and domestic tax landscapes as well as in the developments in the use of technology by tax administrations and taxpayers. New technology, especially the innovations in virtual asset-light cross-border business organizations, data analytics, service and process automation, on one hand, disrupted the well-established legal tax principles and rules and, on the other, stimulated informed data-driven and structured solutions in tax compliance. Technological advances affected nearly every area and each aspect of taxation: Direct tax regulations, indirect tax law, and tax procedures including tax compliance, and tax control functions. International organizations such as the Organization for Economic Co-operation and Development (OECD), the United Nations (UN), and the European Commission as a supranational organization fostered critical legislative reforms and proposals among which are the OECD Two-Pillar Solution to Address the Tax Challenges Arising from Digitalisation of the Economy, Article 12B of the UN Model Tax Convention to tax automated digital services, new rules for tracing transfers of crypto-assets in the EU, as well as the EU ́s VAT e-commerce package and VAT in the Digital Age package. While these proposals aim to address a wide range of the benefits and challenges of Economy 4.0, certain questions arise concerning the consistency of the legislative developments with their initial objectives, the appropriateness of the legal form for the economic substance of the regulated relations for the effectiveness of the regulations as well as their coherence. This volume contains a collection of scientific chapters on the general topic Tax and Technology that were successfully completed by the 2022/2023 LL.M. graduates of the Institute for Austrian and International Tax Law, WU. The volume is divided into three parts that contain the contributions dealing with the impact of the technology on international tax law, indirect tax law, and procedural law. Each chapter provides an in-depth analysis of a unique research question aiming to innovatively contribute to the current debate and develop a practical approach for implementing the findings. |
| stiglitz economics of the public sector solutions: Public Service Efficiency Rhys Andrews, Tom Entwistle, 2014-01-03 The current economic and political climate places ever greater pressure on public organizations to deliver services in a cost-efficient way. Focused on the costs of service delivery, governments across the world have introduced a series of business like practices – from performance management to public-private partnership – in the belief that these will increase the efficiency of their public services. However, both the debate about public service efficiency and the policies and practices introduced to advance it, have developed without a coherent account of what efficiency means in this context and how it should be realized. The predominance of a rather narrow definition of the term – very often focused on the ratio of inputs to outputs – has tended to polarise opinion either for or against efficiency agenda. Yet public service efficiency, more broadly conceived, is an inescapable fact of the public manager’s task environment; indeed in the past, the notion of efficiency was central to the emergence of the field of public administration. This book will recover public service efficiency from the relatively narrow terms of recent debates by examining theories and evidence relating to technical, allocative, distributive and dynamic efficiencies. In exploring the relationship between efficiency and democracy, this book will move current debates in public administration forward by reflecting on the trade-offs between the different dimensions of efficiency that public organizations confront. |
| stiglitz economics of the public sector solutions: Knowledge Production in European Universities Kwiek Marek, 2012-11-23 The book studies transformations of European universities in the context of globalization and Europeanization, the questioning of the foundations of the «Golden Age» of the Keynesian welfare state, public sector reforms, demographic changes, the massification and diversification of higher education, and the emergence of knowledge economies. Such phenomena as academic entrepreneurialism and diversified channels of knowledge exchange in European universities are linked to transformations of the state and changes in public sector services. The first, contextual part of the book studies the changing state/university relationships, and the second, empirically-informed part draws from several recent large-scale comparative European research projects. |
| stiglitz economics of the public sector solutions: The Public Economy in Crisis June A. Sekera, 2016-07-04 This Brief proposes a new theory of public economics which deemphasizes reliance on the free market and affirms the importance of public goods and services within the context of the democratic process and constitutional governance. Public non-market production makes up from a quarter to more than half of all economic activity in advanced democratic nation-states. Yet by imposing market precepts on the public domain, as mainstream economics, political science, and public administration do, public governing capacity is weakened and the democratic system suffers. Agencies originally created to meet public needs are being warped into entities whose purpose is to generate revenue and, in some cases, deliver private profits at public expense. Drawing on classic public finance literature, this book illustrates the differences between public economy and the market model and why those differences matter. Building on this, the Brief sketches the elements of a new theory of the public non-market and illuminates its connections to the delegation of power and collective provision of resources from the polity. This book will be useful to scholars of public economics, political science, and public administration as well as policy makers and those working in the public sector. |
| stiglitz economics of the public sector solutions: The Theory of Cost-benefit Analysis Jean Drèze, Nicholas Herbert Stern, 1985 |
| stiglitz economics of the public sector solutions: 35 Years of Public Sector Reform in Central Europe Michiel S. de Vries, Juraj Nemec, 2025-03-11 This book examines public administration reforms in Central and Eastern Europe during the last three decades. After 1989, so-called socialist countries in Central and Eastern Europe started their transformation from centralistic to democratic societies. Their public administration systems changed dramatically, to adopt new norms and principles. Focusing on current EU-member states in the region, the book identifies similarities and differences in their public administrative reforms. Paying particular attention to three policy areas – education, health care, and local services – it assesses the historical roots of public administrative reforms, and how the legacy of being former members of the Warsaw Pact are still visible. The book argues that there are important differences between administrations in Central and Eastern European countries compared to older EU-member states, and that even within these countries, significant differences can be seen between developments and administrative reforms at the national and local level. It concludes by assessing the implications of these arguments for candidate EU members, and the complexities and pitfalls they might encounter in this process. |
| stiglitz economics of the public sector solutions: Environmental Integration in Competition and Free-movement Laws Julian Nowag, 2016 Focusing on competition, State aid, and free movement law, this book develops a conceptual framework for understanding the integration of environmental concerns in those legal domains and compares the different legal tests that have emerged for delimiting and weighing environmental considerations against other public goals. |
| stiglitz economics of the public sector solutions: The Oxford Handbook of European Union Law Anthony Arnull, Damian Chalmers, 2015-07-23 Since its formation the European Union has expanded beyond all expectations, and this expansion seems set to continue as more countries seek accession and the scope of EU law expands, touching more and more aspects of its citizens' lives. The EU has never been stronger and yet it now appears to be reaching a crisis point, beset on all sides by conflict and challenges to its legitimacy. Nationalist sentiment is on the rise and the Eurozone crisis has had a deep and lasting impact. EU law, always controversial, continues to perplex, not least because it remains difficult to analyse. What is the EU? An international organization, or a federation? Should its legal concepts be measured against national standards, or another norm? The Oxford Handbook of European Union Law illuminates the richness and complexity of the debates surrounding the law and policies of the EU. Comprising eight sections, it examines how we are to conceptualize EU law; the architecture of EU law; making and administering EU law; the economic constitution and the citizen; regulation of the market place; economic, monetary, and fiscal union; the Area of Freedom, Security, and Justice; and what lies beyond the regulatory state. Each chapter summarizes, analyses, and reflects on the state of play in a given area, and suggests how it is likely to develop in the foreseeable future. Written by an international team of leading commentators, this Oxford Handbook creates a vivid and provocative tapestry of the key issues shaping the laws of the European Union. |
| stiglitz economics of the public sector solutions: Public Administration and State Governance: Government Relations, Services, Management, Assessment and Policymaking Sergey Mazol, Unlock the keys to effective governance with Public Administration and State Governance: Government Relations, Services, Management, Assessment and Policymaking —a clear and essential guide to mastering the complexities of modern public administration. Authored by Dr.Sergey Mazol, a seasoned policy analyst with over 20 years of experience and a PhD in Economics, this handbook brings together academic rigor and actionable insights. Drawing on Mazol’s collaborations with global institutions like the United Nations and OECD, it offers a solid, practical framework for public administration, making it an indispensable resource for policymakers, students, and professionals. Inside, readers will explore the full spectrum of government management, from public finance and regulatory frameworks to ethics, policy analysis, and digital transformation in public services. This guide goes beyond foundational theories to reveal practical applications, covering topics such as budgeting processes, e-government strategies, anti-corruption mechanisms, and corporate governance. Filled with global perspectives and actionable strategies, the Public Administration and State Governance: Government Relations, Services, Management, Assessment and Policymaking is an essential toolkit for anyone involved in public governance, from policy development to resource management and transparency. Whether your goal is to enhance transparency, optimize resource allocation, or develop sustainable public policies, this handbook provides the tools you need to foster effective, responsible governance. Content Summary Chapter 1: Concepts and Theories of Public Administration Modern Concepts and Core Components of Public Administration Understanding Political Business Cycles Regulatory Paradigms in Public Administration Chapter 2: Public Administration Framework: Key Areas from Ethics to Public Finance Public Sector Structure and Purpose Ethics in Public Administration: Principles and Challenges Program Evaluation Process: Assessing Public Impact Chapter 3: Public Administration Institutions: Functions and Cooperation Government Structure: Central, Regional, and Municipal Roles Interagency Coordination Theory Internal and Public Oversight Mechanisms Chapter 4: Implementing Electronic Government E-Government Models and Digital Integration Promoting Transparency and Openness Legal Framework for Open Government Chapter 5: State Programs Development in Public Administration Types of State Planning Documents Addressing Sectoral and Cross-Cutting Issues Regulatory Impact Assessments Chapter 6: Budget Process Management in Public Administration Key Stages in Budget Planning Organizational Structures for Budget Management Transparency and Accountability in Budgeting Chapter 7: Effective Public Procurement Management Stages of Public Procurement Process Digital Transformation in Procurement Sustainable and Inclusive Procurement Practices Chapter 8: Implementing Anti-Corruption Mechanisms Theoretical Foundations of Anti-Corruption National Anti-Corruption Frameworks Organizational and Civil Society Roles Chapter 9: Personnel Management in Public Administration Selection and Promotion in the Public Sector Training and Learning Culture Competency Management and Ethical Standards Chapter 10: Corporate Governance for Government Organizations Economic Rationale for State-Owned Enterprises Managing State Ownership and Governance Balancing Commercial and Social Objectives |
Joseph Stiglitz - Wikipedia
Joseph Eugene Stiglitz (/ ˈ s t ɪ ɡ l ɪ t s /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, political activist, and a professor at Columbia University. …
Joseph E. Stiglitz - Columbia Business School
University Professor, teaching at the Columbia Business School, Graduate School of Arts and Sciences, Department of Economics, and the School of International and Public Affairs. …
Joseph E. Stiglitz | Columbia SIPA
Oct 7, 2024 · America discussed the pope’s Jubilee 2025 appeal for debt relief with Joseph E. Stiglitz, a Nobel Prize winning economist and a professor at Columbia University.
Joseph E. Stiglitz | Columbia Center for Political Economy
Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic Performance …
Joseph E. Stiglitz – Facts - NobelPrize.org
He was the chief economist of the World Bank 1997-2000. Joseph Stigliltz’s research concentrated on what could be done by ill-informed individuals and operators to improve their …
Joseph Stiglitz: Education, Work, Legacy - Investopedia
Nov 2, 2023 · Joseph Stiglitz is an American New Keynesian economist. Known for his research on information asymmetry, risk aversion, and monopolistic competition, Stiglitz received the …
Joseph E. Stiglitz - Google Scholar
Liberalization, moral hazard in banking, and prudential regulation: Are capital requirements enough?
Joseph Stiglitz | The Center on Capitalism and Society
Joseph E. Stiglitz is an American economist and a University professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the Measurement of Economic …
US economist Joseph Stiglitz: ‘With Trump, it is conceivable that …
6 days ago · Born in Gary, Indiana 82 years ago, Joseph Stiglitz walks briskly with the help of a cane through the lobby of a hotel near the CaixaForum cultural center in Madrid, where hours …
Joseph Stiglitz - Initiative for Policy Dialogue
Joseph E. Stiglitz is a professor of finance and business at Columbia University, and chair of the University’s Committee on Global Thought.
Joseph Stiglitz - Wikipedia
Joseph Eugene Stiglitz (/ ˈ s t ɪ ɡ l ɪ t s /; born February 9, 1943) is an American New Keynesian economist, [2] a public policy analyst, political activist, and a …
Joseph E. Stiglitz - Columbia Business School
University Professor, teaching at the Columbia Business School, Graduate School of Arts and Sciences, Department of Economics, and the School of …
Joseph E. Stiglitz | Columbia SIPA
Oct 7, 2024 · America discussed the pope’s Jubilee 2025 appeal for debt relief with Joseph E. Stiglitz, a Nobel Prize winning economist and a professor at …
Joseph E. Stiglitz | Columbia Center for Political Economy
Joseph E. Stiglitz is an American economist and a professor at Columbia University. He is also the co-chair of the High-Level Expert Group on the …
Joseph E. Stiglitz – Facts - NobelPrize.org
He was the chief economist of the World Bank 1997-2000. Joseph Stigliltz’s research concentrated on what could be done by ill-informed individuals and …
