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Market Constellation Research: A Modern Governance Approach to Macroeconomic Policy (Institutionelle und Sozial-Ökonomie / Institutional and Socio

Market Constellation Research: A Modern Governance Approach to Macroeconomic Policy (Institutionelle und Sozial-Ökonomie / Institutional and Socio

ISBN: 9783631620700
Publisher: Peter Lang GmbH, Internationaler Verlag der Wissenschaften
Edition: New edition
Publication Date: 2011-10-10
Number of pages: 276
Any used item that originally included an accessory such as an access code, one time use worksheet, cd or dvd, or other one time use accessories may not be guaranteed to be included or valid. By purchasing this item you acknowledge the above statement.
$38.12

The objective of this reader is manifold: On the one hand, it intends to establish a new perspective at the policy level named ‘market constellations’: institutionally embedded systems of macroeconomic governance which are able to explain differences in growth and employment developments. At the polity level, the question raised is whether or not market constellations can be governed and, thus, whether institutions can be created which will provide the incentives necessary for favourable market constellations. Finally, at the politics level, the immediate question is whether (distributional) vested interests can be bared in order to explain the motivations to create certain market constellations. A promising approach to tackle this task needs to take into account different cultural backgrounds and must provide political transmission mechanisms for turning vested interests into policy.

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