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The new systems competition

Author: Hans-Werner Sinn; Wiley InterScience (Online service)
Publisher: Malden, MA : Blackwell Pub., 2003.
Series: Yrjö Jahnsson lectures.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Competition between companies tends to be beneficial for the general public, but is this also true for competition between states in a world with global financial markets, low transport costs, and increasing migration? In this book, Sinn provides a solid economic analysis of the competitive forces at work and addresses how they affect public goods provision, income redistribution, environmental policy, safety  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Sinn, Hans-Werner.
New systems competition.
Malden, MA : Blackwell Pub., 2003
(DLC) 2002005621
(OCoLC)49576448
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Hans-Werner Sinn; Wiley InterScience (Online service)
ISBN: 9780470774175 0470774177 1405142057 9781405142052 1280238119 9781280238116 9780631219514 063121951X 9780631219521 0631219528
OCLC Number: 214282206
Description: 1 online resource (xii, 228 pages) : illustrations.
Contents: Cover --
Table of Contents --
Table and Figures --
Preface --
1 Competition Among States --
THE NEW SYSTEMS COMPETITION --
THE SELECTION PRINCIPLE --
INEFFICIENT GOVERNMENTS AND SYSTEMS COMPETITION --
SYSTEMS ECONOMICS AND THE HIERARCHY OF COMPETITIVE PROCESSES --
SYSTEMS COMPETITION: A CONSTRUCTION PRINCIPLE FOR EUROPE? --
THE EURO AND THE INTEGRATION OF CAPITAL MARKETS --
MIGRATION IN EUROPE --
QUO VADIS EUROPE? --
2 Taxes and Public Infrastructure Goods --
COMPETITION BETWEEN FISCAL SYSTEMS --
THE STANDARD ARGUMENT --
COMPETITION WITH INFRASTRUCTURE GOODS --
FISCAL COMPETITION AND IMPURE PUBLIC GOODS --
THE SOCIAL OPTIMUM --
WHO PAYS FOR THE INFRASTRUCTURE? --
THE SELECTION PRINCIPLE, THE THEORY OF CLUBS AND THE RACE BELOW THE BOTTOM --
TAX HARMONIZATION AND THE OVERPROVISION OF PUBLIC GOODS --
SELF-FINANCING CONSTRAINTS AND AVERAGE COST PRICING --
A CRITIQUE OF THE UNDERPROVISION HYPOTHESIS --
RESIDENCE TAXES --
DIVIDEND TAXES AND EQUITY TRAPS --
EXISTENCE PROBLEMS --
POLICY IMPLICATIONS --
Appendix to Chapter 2 Criticism of the Zodrow and Mieszkowski Infrastructure Model --
3 The Erosion of the Welfare State --
GLOBALIZATION AND THE WELFARE STATE --
INCOME REDISTRIBUTION AND THE SELECTION PRINCIPLE: AN INSURANCE THEORETIC INTERPRETATION --
REDISTRIBUTION AS AN ALLOCATIVE STATE RESPONSIBILITY: A SIMPLE MODEL --
THE END OF THE WELFARE STATE IN TAX COMPETITION --
THE HOME COUNTRY PRINCIPLE --
Appendix to Chapter 3 The Non-Existence of a Market for Wage Insurance --
4 Social Dumping in the Transformation Process? --
THE ACCUSATION OF SOCIAL DUMPING --
REDISTRIBUTION VS. WAGES IN KIND --
WHY ARE THE DIFFERENCES IN DIRECT AND INDIRECT WAGE COSTS SO HIGH? --
A SIMPLE MODEL OF THE ECONOMIC CATCHING-UP PROCESS --
THE POLICY OF THE NATIONAL GOVERNMENT --
THE OVERALL WELFARE OPTIMUM --
THE PROPERTIES OF THE CATCHING-UP PROCESS --
LESSONS FROM GERMAN UNIFICATION --
WHY LOW WAGES AND SOCIAL STANDARDS DO NOT INDICATE SOCIAL DUMPING --
5 Ecological Competition --
ECOLOGICAL DUMPING OR EXCESSIVELY GREEN POLICIES? --
CONDITIONS FOR A FUNCTIONING ECOLOGICAL COMPETITION --
ECOLOGICAL DUMPING WITH INTERNATIONAL SPILLOVER EFFECTS --
POLLUTION CERTIFICATES, FOREIGN DIRECT INVESTMENT AND THE RENT DISSIPATION EFFECT --
ENVIRONMENTAL STANDARDS --
THE ENVIRONMENTAL POLICY EXTERNALITIES: A SUGGESTED INTERPRETATION --
POLICY IMPLICATIONS --
6 The Competition of Product Standards --
CASSIS DE DIJON AND DEREGULATION COMPETITION --
THE LEMONS PROBLEM --
SIMPLE MODEL OF PRIVATE QUALITY COMPETITION --
AN ALLOCATIVE EXPLANATION OF THE STATE REGULATION OF QUALITY --
THE COMPETITION OF LAXITY --
POLICY IMPLICATIONS --
Appendix to Chapter 6 The Properties of the EE Curve in Figure 6.1 --
7 Limited Liability, Risk-Taking and the Competition of Bank Regulators --
BANKING RISKS --
LEMON BONDS --
A NOTE ON THE LITERATURE ON LIMITED LIABILITY AND RISK-TAKING --
BANKING WITH UNLIMITED LIABILITY: THE BASIC MODEL --
LEMON BANKING AND THE BLOOS RULE --
WELFARE IMPLICATIONS AND OPTIMAL REGULATION --
THE COMPETITION OF BANKING REGULATION --
THE BASEL COMMITTEE AND EU ON THE RIGHT TRACK --
8 The Competition of Competition Rules --
A TOTTERING CREED --
REGULATING THE M.
Series Title: Yrjö Jahnsson lectures.
Responsibility: Hans-Werner Sinn.

Abstract:

* Provides a thorough economic analysis of the competitive forces at work between nations and governments. * Analyzes a wide range of state activities, including taxation, public goods provision,  Read more...

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