Institutional Competition (New Thinking in Political Economy series) - Hardcover

Hardcover

ISBN 10: 1847206697 ISBN 13: 9781847206695

Publisher: Edward Elgar Publishing Ltd, 2008

Synopsis

Why is competition between institutions usually viewed in a negative light, when competition is considered positive in most other economic contexts? The contributors to this volume introduce new perspectives on this issue, analytically and empirically exploring reasons for this perception.

Negative assessments of institutional competition emphasize that such competition may lead to a race to the bottom in terms of eroding government revenues, redistributing wealth from workers to capitalists, and limiting democracy by forcing politicians to prioritize international investment capital rather than working for their voters. In this volume, however, many of the essays draw attention to the positive learning and information effects. The contributors conclude that competition may actually lead to institutions becoming more efficient in allocating resources.

Students and scholars of economics, political economy, international relations and political science will find the book's non-traditional take on institutional competition a must-read, as will policy analysts and those with an interest in taxation and welfare states.

About this title

About the Author

Edited by Andreas Bergh, Lund University and Research Institute of Industrial Economics and Rolf Höijer, The Government Offices of Sweden

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2008
• Language: English
• ISBN 10: 1847206697
• ISBN 13: 9781847206695
• Binding: Hardcover
• Number of pages: 288
• Editor: Bergh Andreas, Höijer Rolf