Items related to Explaining Economic Policy Reversals
This work considers the economic policy dinosaurs which apparently went into extinction in the 1980s. They are: the move from "classical" regulation to deregulation; the move from public enterprise to privatization; the move from Keynesian to "monetarist" macroeconomic policy; the shift from rapid growth in government spending and staffing to stabilization and cutbacks; the move from progressive income tax structures towards "flatter taxes"; and the shift from progressive-era public administration to "new public management".
None of these major policy shifts were predicted by economists or other mainstream social scientists. The author compares the actual changes with previously established theoretical accounts of what makes policy shift and explores how far the changes can be understood in terms of the power of ideas, the power of interests, the effect of changing social contexts and "self-destructive" dynamics of public policy.
None of these major policy shifts were predicted by economists or other mainstream social scientists. The author compares the actual changes with previously established theoretical accounts of what makes policy shift and explores how far the changes can be understood in terms of the power of ideas, the power of interests, the effect of changing social contexts and "self-destructive" dynamics of public policy.
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Review:
"...valuable and interesting reading." - The Economic Journal
About the Author:
Christopher Hood has been Professor of Public Administration and Public Policy at the London School of Economics since 1989.
"About this title" may belong to another edition of this title.
- PublisherOpen University Press
- Publication date1994
- ISBN 10 0335156495
- ISBN 13 9780335156498
- BindingPaperback
- Edition number1
- Number of pages160
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Explaining Economic Policy Reversals
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ISBN 10: 0335156495
ISBN 13: 9780335156498
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