Structural Reforms Without Prejudices

Author:   Tito Boeri (, Professor of Economics, Bocconi University and Fondazione Rodolfo DeBenedetti) ,  Micael Castanheira (, Professor of Economics at the Université Libre de Bruxelles) ,  "The Late Riccardo Faini (, Professor of Economics, Università degli Studi di Roma ""Tor Vergata"")" ,  Vincenzo Galasso (, Associate Professor of Economics, Bocconi University and IGIER)
Publisher:   Oxford University Press
ISBN:  

9780199203628


Pages:   336
Publication Date:   15 June 2006
Format:   Hardback
Availability:   To order   Availability explained
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Structural Reforms Without Prejudices


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Overview

Our economies face constant challenges from many different directions. Structural reforms are implemented every day, either to grasp the benefits of globalization and technological change, or to avoid foundering on unaffordable welfare systems or the rise of new economies.Despite this flurry of reforms, many of their effects are insufficiently understood. What makes reforms a success or a failure? Why do we witness systematically ambivalent attitudes to reforms? Can governments implement reforms differently, without inflicting prejudice to large fringes of the population?This book explores these issues by comparing a number of reforms, across a large set of countries and sectors. First, through an innovative multisectorial input-output analysis, the authors compare the effects of liberalisation reforms in the telecommunication and electricity sectors across Europe. Surprisingly, they find that very similar and well-intended reforms can generate highly contrasted outcomes. It is also shown that governments must consider the effects of each reform on all sectors of the economy. Second, the authors explore how governments can tailor their reform strategy to alter the redistributive effects of reforms. They show that the government's approach to reforms has been very different across time and across countries. A government's approach depends on local institutions, on the nature of the opposition, and on the scope of the reform under way. The authors, however, show that governments do have alternatives. Often, there are ways to tailor reforms so as to protect specific parts of the population; and there are ways to experiment gradually, to avoid costly policy mistakes.

Full Product Details

Author:   Tito Boeri (, Professor of Economics, Bocconi University and Fondazione Rodolfo DeBenedetti) ,  Micael Castanheira (, Professor of Economics at the Université Libre de Bruxelles) ,  "The Late Riccardo Faini (, Professor of Economics, Università degli Studi di Roma ""Tor Vergata"")" ,  Vincenzo Galasso (, Associate Professor of Economics, Bocconi University and IGIER)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.50cm , Height: 2.40cm , Length: 24.10cm
Weight:   0.650kg
ISBN:  

9780199203628


ISBN 10:   0199203628
Pages:   336
Publication Date:   15 June 2006
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Introduction Part I.Riccardo Faini, Jonathan Haskel, Giorgio Barba Navaretti, Carlo Scarpa, and Christian Wey: Contrasting Europe's Decline: Do Product Market Reforms Help? 1: Introduction 2: Competition and Economic Performance: A Brief Review of the Literature 3: The Maze of Services Regulation 4: The Changing Role of the Tertiary Sector 5: The Impact of Service Regulation 6: Looking Ahead: Will Liberalization Policies Succeed? Part II.How to Gain Political Support for Reforms 7: Introduction 8: Evidence and Theory of Reforms 9: Exploit Parlimentary Majority 10: Widen Your Political Base 11: Divide and Conquer 12: Exploit External Constraints 13: How to Reform: Pulling the Strings Final Remarks

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Author Information

Tito Boeri received his Ph.D. in economics from New York University and is currently Professor of Economics at Bocconi University and is Director of the Fondazione Rodolfo Debenedetti. He has also acted as consultant to the European Commission, International Monetary Fund, the ILO, the World Bank and the Italian Government. Micael Castanheira received his Ph.D. in economics from the Free University of Brussels and is currently a research fellow of the Belgian National Research Foundation (FNRS), and Professor of Economics at the Free University of Brussels. Riccardo Faini is Professor of Political Economy at the University of Rome Tor Vergata. He was previously Director General at the Italian Treasury and has held the post of Executive Director at the International Monetary Fund. Vincenzo Galasso obtained his Ph.D. in economics from the University of California at Los Angeles and is currently Associate Professor of Economics at Bocconi University, Milan, and Research Fellow of IGIER.

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