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Macroeconomic Policy : Demystifying Monetary and Fiscal Policy
This book is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies.Significantly updated for the fourth edition, the text provides an understanding of the global economy in the wake of the COVID crisis, discussing topics such as pandemic related supply and demand-side shocks, the role of Modern Monetary Theory (MMT) in financing COVID rescue plans, the effect of the US, India, Eurozone and China’s post-COVID economies on emerging and transitioning economies, and the resurgence of inflation.This edition includes deeper coverage on the issue of budget deficit sustainability and on trade wars, especially in a global context, and revisits the life cycles of speculative asset price (SAP) bubbles, especially in the housing markets and in SPACs. The fourth edition contains several brand-new cases and media articles that are carefully positioned to relate explicitly to theory, and to look aheadto and preempt global macro situations and polices in the years to come.MBA students and Executive MBA students who appreciate the importance of monetary and fiscal analysis will find this text to be right on target.Financial analysts and individual investors who need to strip away economic myths and jargon and systematically examine and understand the effects of macro policies on variables such as inflation, output, employment and interest rates, will also find the book extremely useful.
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Cultural Policy
David Bell and Kate Oakley survey the major debates emerging in cultural policy research, adopting an approach based on spatial scale to explore cultural policy in cities, nations and internationally.They contextualise these discussions with an exploration of what both ‘culture’ and ‘policy’ mean when they are joined together as cultural policy.Drawing on topical examples and contemporary research, as well as their own experience in both academia and in consultancy, Bell and Oakley urge readers to think critically about the project of cultural policy as it is currently being played out around the world. Cultural Policy is a comprehensive and readable book that provides a lively, up-to-date overview of key debates in cultural policy, making it ideal for students of media and cultural studies, creative and cultural industries, and arts management.
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Industrial Policy
Well-designed industrial policies can improve a nation’s economic performance.Using a range of tools, such as subsidies, tax incentives, infrastructure development, protective regulations, and R&D support, governments are able to support specific industries or economic activities. Steve Coulter examines the patterns of industrial policymaking across late capitalist societies.Drawing on case studies from a range of countries, each with different growth models, national capabilities, policy traditions, and political/welfare state regimes, he is able to offer a nuanced comparative assessment of states’ responses to specific economic challenges.The book draws broad conclusions about the trajectories of industrial policy and highlights key technical and political drivers that policymakers consider when addressing whether best practice should centre on general or nationally-specific approaches.The book also focuses on fresh challenges and opportunities for industrial policy and questions the sustainability of current policy practice.
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Drug Policy
Taking a multidisciplinary perspective (including public health, sociology, criminology, and political science amongst others) and using examples from across the globe, this book provides a detailed understanding of the complex and highly contested nature of drug policy, drug policy making, and the theoretical perspectives that inform the study of drug policy.It draws on four different theoretical perspectives: evidence-informed policy, policy process theories, democratic theory, and post-structural policy analysis.The use and trade in illegal drugs is a global phenomenon.It is viewed by governments as a significant social, legal, and health problem that shows no signs of abating.The key questions explored throughout this book are what governments and other bodies of social regulation should do about illicit drugs, including drug policies aimed at improving health and reducing harm, drug laws and regulation, and the role of research and values in policy development.Seeing policy formation as dynamic iterative interactions between actors, ideas, institutions, and networks of policy advocates, the book explores how policy problems are constructed and policy solutions selected, and how these processes intersect with research evidence and values.This then animates the call to democratise drug policy and bring about inclusive meaningful participation in policy development in order to provide the opportunity for better, more effective, and value-aligned drug policies. This book will be of great interest to students and scholars of drug policy from a number of disciplines, including public health, sociology, criminology, and political science.
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Social Policy
How do human societies provide for the wellbeing of their members?How far can we organize the ways in which we care for and about each other? And who should take responsibility for providing the support we need?These are some of the fundamental questions addressed by social policy today. In this introduction, Hartley Dean explains the extraordinary scope and importance of social policy.He explores its foundations and contemporary significance; the principal issues it addresses and their diverse economic, political and sociological dimensions, and concludes by looking anew at fundamental challenges facing social policy in a dramatically changing world. Introducing social policy as a broadly conceived study of human wellbeing, this revised and extensively updated third edition examines ways in which governments and peoples throughout the world attend to, promote, neglect or even undermine the things that make life worth living.These include essential services like healthcare and education; the means of livelihood – jobs and money – and sometimes intangible things such as physical and emotional security.Trying to understand these elements, which together constitute human wellbeing, is the stuff of social policy.
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Foreign Policy as Public Policy? : Promises and Pitfalls
This book examines how foreign policy analysis can be enriched by ‘domestic realm’ public policy approaches, concepts and theories.Starting out from the observation that foreign policy has in many ways become more similar to (and intertwined with) ‘domestic’ public policies, it bridges the divide that still persists between the two fields.The book includes chapters by leading experts in their fields on arguably the most important public policy approaches, including, for example, multiple streams, advocacy coalition, punctuated equilibrium and veto player approaches.The chapters explore how the approaches can be adapted and transferred to the study of foreign policy and point to the challenges this entails.By establishing a critical dialogue between approaches in public policy and research on foreign policy, the main contribution of the book is to broaden the available theoretical ‘toolkit’ in foreign policy analysis. -- .
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Health Policy in Asia : A Policy Design Approach
The book assesses the policy actions of select Asian governments (China, India, Hong Kong, South Korea, Singapore and Thailand) to address critical health system functions from a policy design perspective.The findings show that all governments in the region have made tremendous strides in focussing their attention on the core issues and, especially, the interactions among them.However, there is still insufficient appreciation of the usefulness of public hospitals and their efficient management.Similarly, some governments have not made sufficient efforts to establish an effective regulatory framework which is especially vital in systems with a large share of private providers and payers.A well-run public hospital system and an effective framework for regulating private providers are essential tools to support the governance, financing, and payment reforms underway in the six health systems studied in this book.
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