Reforming Government Growing Our Economy

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The Growth Of Government And The Reform Of The State In Industrial Countries

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Author : Mr.Vito Tanzi
language : en
Publisher: International Monetary Fund
Release Date : 1995-12-01

The Growth Of Government And The Reform Of The State In Industrial Countries written by Mr.Vito Tanzi and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-12-01 with Business & Economics categories.

This paper describes the growth of public spending in industrial countries over the past century. It identifies several periods: the periods between 1870 and 1913; the period between the two World Wars; the post World War II period up to 1960; and the period after 1960. Public spending started growing during World War I but its growth accelerated after 1960. The paper outlines the reasons for this growth and speculates that recent government growth has not brought about much economic or social progress. The paper sees the future of government mainly in setting the “rules of the game,” and provides a rough blueprint for reform. It also discusses experiences with government reform in selected count les, and predicts that over the next decades, public spending as a share of GDP will fall.

Reforming Government Growing Our Economy

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Author : Wisconsin. Division of Executive Budget and Finance
language : en
Publisher:
Release Date : 2011

Reforming Government Growing Our Economy written by Wisconsin. Division of Executive Budget and Finance and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Budget categories.

The Changing Role Of Government

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Author : R. Batley
language : en
Publisher: Springer
Release Date : 2004-05-25

The Changing Role Of Government written by R. Batley and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-05-25 with Business & Economics categories.

Batley and Larbi examine how governments of developing countries are organized to deliver public services. The book is based on comparative international studies of four service sectors: Health care, urban water, business promotion and agricultural marketing. Governments everywhere are being driven to adopt an 'indirect' approach - managing, contracting and regulating public agencies or private partners, rather than providing services directly. It questions how governments are responding and whether this approach is appropriate to the capacities of developing countries.

Economic Lessons From China S Forty Years Of Reform And Opening Up

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Author : David Daokui Li
language : en
Publisher: Springer Nature
Release Date : 2021-03-26

Economic Lessons From China S Forty Years Of Reform And Opening Up written by David Daokui Li and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-26 with Business & Economics categories.

This book first shows that the past 40 years of China's economic reform and opening up represents the greatest magnitude of economic growth in history. Based on field trips, extensive and intensive interviews and literature surveys, this book argues that there are five general lessons for a rapid growing economy from China's economic reform and opening up, all in the area of the relationship between the government and the economy. First, the local governments need to be incentivized to help rapid entry and development of enterprises. Second, local governments need to be incentivized to help rapid land conversion from agricultural to non-agricultural. Third, financial deepening is vital; that is, inducing households to hold more and more financial assets in local currency. Financial deepening is essential to convert savings into investments. This requires financial stability, which is crucial. Fourth, the learning through opening up is the key to endogenous economic growth. The fundamental benefit of opening up is learning rather than enjoying comparative advantage. The fifth and final lesson from China is that the central government must proactively manage the macroeconomy. The rationale is that enterprises compete with each other in games of industrial organization. In order to resolve this problem, proactive measures including market-oriented means, administrative orders and reform measures should be implemented. Overall, the main lesson from China's past 40 years of reform and opening up is that proper incentives and behavior of the government, local and central, are important for economic growth. China has been conducting reforms in this regard and as a result, the government more or less has been playing the role of a "helping hand" regarding economic growth, although China's economic system is far from perfect and many reforms are still needed.

Economic Lessons From China S Forty Years Of Reform And Opening Up

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Author : David Daokui Li
language : en
Publisher:
Release Date : 2021

Economic Lessons From China S Forty Years Of Reform And Opening Up written by David Daokui Li and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.

This book first shows that the past 40 years of China's economic reform and opening up represents the greatest magnitude of economic growth in history. Based on field trips, extensive and intensive interviews and literature surveys, this book argues that there are five general lessons for a rapid growing economy from China's economic reform and opening up, all in the area of the relationship between the government and the economy. First, the local governments need to be incentivized to help rapid entry and development of enterprises. Second, local governments need to be incentivized to help rapid land conversion from agricultural to non-agricultural. Third, financial deepening is vital; that is, inducing households to hold more and more financial assets in local currency. Financial deepening is essential to convert savings into investments. This requires financial stability, which is crucial. Fourth, the learning through opening up is the key to endogenous economic growth. The fundamental benefit of opening up is learning rather than enjoying comparative advantage. The fifth and final lesson from China is that the central government must proactively manage the macroeconomy. The rationale is that enterprises compete with each other in games of industrial organization. In order to resolve this problem, proactive measures including market-oriented means, administrative orders and reform measures should be implemented. Overall, the main lesson from China's past 40 years of reform and opening up is that proper incentives and behavior of the government, local and central, are important for economic growth. China has been conducting reforms in this regard and as a result, the government more or less has been playing the role of a "helping hand" regarding economic growth, although China's economic system is far from perfect and many reforms are still needed.

Economic And Political Reform In Developing Countries

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Author : Oliver Morrisey
language : en
Publisher: Springer
Release Date : 2016-07-27

Economic And Political Reform In Developing Countries written by Oliver Morrisey and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.

This volume explores the interactions between economic and political reform in developing countries and eastern Europe. Over the past decade there have been significant moves both towards economic reform - essentially involving a greater role for the market and a lesser role for the state - and political reform, with important steps taken towards democratic forms of government. In some areas political change preceded economic reform (as in much of eastern Europe), while elsewhere economic and political reform have gone hand in hand, often as a result of external pressure. The essays cover a wide range of experience of economic and political reforms, from which some general lessons emerge. The most important one is that political and economic reforms interact in complex ways, with political reform often acting to slow down or even reverse economic reform. Secondly, it is shown that the state has an important role to play in guiding reform and preventing market excesses.

Reforming Economic Systems In Developing Countries

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Author : Dwight Heald Perkins
language : en
Publisher: Harvard Kennedy School
Release Date : 1991

Reforming Economic Systems In Developing Countries written by Dwight Heald Perkins and has been published by Harvard Kennedy School this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.

As economic transformation ripples through the former socialistic bloc and economic reform shapes the destinies of developing countries, questions concerning how economic systems are reformed and what role the government plays in that process have become central for the 1990's and beyond.

Reforming State Owned Enterprises In Asia

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Author : Farhad Taghizadeh-Hesary
language : en
Publisher: Springer
Release Date : 2022-02-24

Reforming State Owned Enterprises In Asia written by Farhad Taghizadeh-Hesary and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-24 with Political Science categories.

This book analyzes state-owned enterprises (SOEs), which are still significant players in many Asian economies. They provide essential public services, build and operate key infrastructure, and are often reservoirs of public employment. Their characteristics and inherent competitive advantages as publicly owned enterprises allow them to play these critical roles. Their weaknesses in governance and inefficiencies in incentive structures, however, also often lead to poor performance. SOEs must be efficient, transparent, and accountable to level the playing field for private companies, secure the growth of a vibrant private sector, and achieve sustained and inclusive economic growth. This book analyzes the reform of SOEs in Asia, the results of which are mixed. The volume concludes that some key conditions generally need to be met for SOE reforms to be successful: national bureaucracies must have the capacity to implement the reforms, and adverse impacts on international trade and investment must be avoided.

Making Reform Happen Lessons From Oecd Countries

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2010-05-26

Making Reform Happen Lessons From Oecd Countries written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-26 with categories.

This collection of essays analyses the reform experiences of the 30 OECD countries in nine major policy domains in order to identify lessons, pitfalls and strategies that may help foster policy reform in the future.

Growing Out Of The Plan

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Author : Barry Naughton
language : en
Publisher:
Release Date : 1995-06-30

Growing Out Of The Plan written by Barry Naughton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-06-30 with Business & Economics categories.

Growing Out of the Plan is a comprehensive study of China's economic reforms, from their beginnings at the end of 1978 through the completion of many of the initial reform measures during 1993. The book focuses on industry and macroeconomic policy, using them to describe reform strategy in its entirety. In addition to being a thorough and reliable guide to the specifics of the reforms, Growing Out of the Plan examines the Chinese approach to economic transition, which is based on maintaining elements of the planned economy while concentrating economic growth in the market-oriented segments of the economy, outside the government plan. This "dual track" policy is a feature of Chinese reform that differentiates it from its counterparts in Eastern Europe and the former Soviet Union. Barry Naughton argues that the success of the reforms is not the result of carefully plotted strategy. Rather, during some periods, coherence emerged in spite of the policies of Chinese leaders. In hindsight, however, China's jumble of ad hoc reforms have added up to a coherent package. Most important for other changing economies, writes Naughton, the Chinese experience shows that gradual change away from a command economy is feasible.