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

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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.

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Editorial Reviews

From the Publisher
"Przeworski has the ambition to address the big questions, the ability to answer them, and the tenacity to make the answers correct. This book is part of a dying breed: it is a general introduction with enough depth that even the most advanced reader can learn something from it. Written in a feisty, accessible style, it puts the political back into political economy." Michael Munger, Duke University

"I would have been very excited to encounter this book early in my graduate training. It would have crystallized things that have taken me a whole career to understand. This book could and should be a central core text in political science graduate training. In addition to its virtues as a text, there is a lot of innovation and intellectual leadership in this volume." William Keech, Carnegie-Mellon University

"A rare opportunity to view firsthand how modern theoretical developments in economics and politics are beginning to blend and complement one another, from one of the established scholars in the field. In his lucid, conversational style, Przeworski offers a highly readable account of the main ideas in the field, which both educates and stimulates new thinking." Dilip Mookherjee, Boston University

"This is a book that will open doors for many students of politics and that will likely become an indispensable text in the field." Political Science Quarterly

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Product Details

  • ISBN-13: 9780521535243
  • Publisher: Cambridge University Press
  • Publication date: 8/28/2003
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 236
  • Sales rank: 966,868
  • Product dimensions: 5.98 (w) x 9.02 (h) x 0.55 (d)

Table of Contents

1 Introduction 1
Sect. I Decentralized mechanisms 17
2 Market miracles and market failures 19
3 Incomplete markets, imperfect information 42
4 Principal-agent framework 55
Sect. II Centralized mechanisms 77
5 The state 79
6 Governments and private agents: Regulation 99
7 Politicians and bureaucrats: Oversight 128
8 Citizens and politicians: Representation 147
Sect. III The state and the economy 159
9 Government and economic growth 161
10 Government and redistribution 181
11 Government and insurance 203
12 Epilog 213
13 Additional references 216
Index 221
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