States and Markets: A Primer in Political Economy / Edition 1

States and Markets: A Primer in Political Economy / Edition 1

by Adam Przeworski
     
 

ISBN-10: 0521535247

ISBN-13: 9780521535243

Pub. Date: 08/28/2003

Publisher: Cambridge University Press

The purpose of this text is to introduce concepts for studying relationships between states and markets. The economy and the state are thus analyzed as networks of relationships between principals and agents, each occupying a particular position in the institutional structure. The book then analyzes systematically the effect of the organization of the state on the…  See more details below

Overview

The purpose of this text is to introduce concepts for studying relationships between states and markets. The economy and the state are thus analyzed as networks of relationships between principals and agents, each occupying a particular position in the institutional structure. The book then analyzes systematically the effect of the organization of the state on the functioning of the economy. It isolates the conditions that trigger government's positive or negative responses to the economy.

Product Details

ISBN-13:
9780521535243
Publisher:
Cambridge University Press
Publication date:
08/28/2003
Edition description:
New Edition
Pages:
236
Product dimensions:
5.98(w) x 9.02(h) x 0.55(d)

Table of Contents

Preface
1Introduction1
Sect. IDecentralized mechanisms17
2Market miracles and market failures19
3Incomplete markets, imperfect information42
4Principal-agent framework55
Sect. IICentralized mechanisms77
5The state79
6Governments and private agents: Regulation99
7Politicians and bureaucrats: Oversight128
8Citizens and politicians: Representation147
Sect. IIIThe state and the economy159
9Government and economic growth161
10Government and redistribution181
11Government and insurance203
12Epilog213
13Additional references216
Index221

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