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El. knyga: Role of the Public Sector: Economics and Society

  • Formatas: PDF+DRM
  • Išleidimo metai: 05-Aug-2022
  • Leidėjas: Edward Elgar Publishing Ltd
  • Kalba: eng
  • ISBN-13: 9781803925615
  • Formatas: PDF+DRM
  • Išleidimo metai: 05-Aug-2022
  • Leidėjas: Edward Elgar Publishing Ltd
  • Kalba: eng
  • ISBN-13: 9781803925615

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At last – a textbook on the public sector for students of social policy, public policy, political science and sociology. This book explains why we have a public sector and what tasks it is expected to perform.

At last – a textbook on the public sector for students of social policy, public policy, political science and sociology. This book explains why we have a public sector and what tasks it is expected to perform.



Bent Greve presents the key strengths and weaknesses of the public sector in modern European societies in a clear and straightforward fashion. He also highlights the new challenges the sector faces, including changes in global development, demography and technology.



Public and private sectors are highly interdependent and Greve explores this relationship and the consequences of choosing different public expenditures and financing. He addresses differences across affluent European economies and demonstrates how countries can develop society as desired whilst ensuring that their economies remain resilient to external crises, such as the financial crisis of 2008 or the Covid-19 pandemic.



Highly accessible and informative, this book will be a valuable resource for lecturers and students of social policy, public policy, political science and economic sociology. It is also essential reading for students of public sector management and administration who need to understand the fundamentals of public sector economics and political economy. Its novel interpretation of the broader role of the public sector will also be beneficial for practitioners and policy makers.

Recenzijos

Recent years have witnessed the Return of the State after decades of spreading neo-liberalism and market ideology. Bent Greves book is a very well written text able to capture the old and new roles of the public sector in contemporary societies. It provides interesting and valuable insights both for scholars and students into how the relationship between the state, the market and society has been evolving and the present and future challenges. -- Emmanuele Pavolini, University of Macerata, Italy What is the public sector? Why is public spending necessary, and how is it funded and managed? Greve offers a clear, non-ideological account of the nature of the public sector in developed economies. His analysis of the complex connections between public and private, state and market, provides readers with a timely guide to this most fundamental of all relationships in the public sphere. -- Nick Ellison, University of York, UK This book is an excellent guide for students and professionals in public and social policy, helping them to understand the economic issues in policy making. The key concepts in public sector economics are clearly presented, with explanations of current debates and references to the most recent literature. The multiple economic and social effects of public sector and welfare state measures, and their mutual relationships are also well explained. Bent Greve illuminates the conceptual debate with compelling empirical illustrations which spark and maintain the interest of the reader. Last, but not the least, Greve accentuates new important topics not commonly included in textbooks: the social investment perspective and the consequences of this for policy making, international influences on national public sector economics (including EMU), and current developmental challenges for the public sector such as societal ageing, external shocks on economies and technological change. -- Tomį Sirovįtka, Masaryk University, Czechia

List of figures
viii
List of tables
ix
Preface x
1 The role of the public sector
1(12)
1.1 Introduction
1(2)
1.2 Size of the public sector -- a few data
3(3)
1.3 Overview of the book
6(3)
1.4 A few delimitations
9(2)
1.5 Concluding remarks
11(2)
2 Allocation, distribution and stabilization
13(10)
2.1 Introduction
13(1)
2.2 Allocation
13(3)
2.3 The distributional role
16(3)
2.4 Stabilization
19(1)
2.5 Do they interact?
20(1)
2.6 Conclusion
21(2)
3 Market failure and other reasons for public interventions
23(14)
3.1 Introduction
23(1)
3.2 Conditions for a well-functioning market
24(2)
3.3 Market failures
26(6)
3.4 Merit goods
32(1)
3.5 Unemployment, inequality and other societal imbalances
33(1)
3.6 Government failures
34(1)
3.7 Concluding remarks
35(2)
4 Size of the public sector
37(9)
4.1 Introduction
37(1)
4.2 Public sector in the national accounts
37(2)
4.3 Data on the public sector -- what do they show?
39(6)
4.4 Conclusions
45(1)
5 Taxation and impact on societies
46(14)
5.1 Introduction
46(1)
5.2 Allocation, distribution and stabilization
47(3)
5.3 How do different instruments influence inequality?
50(4)
5.4 Taxes' impact on labour supply and saving
54(3)
5.5 Green taxes
57(1)
5.6 Conclusions
58(2)
6 Fiscal policy -- what works what does not work
60(9)
6.1 Introduction
60(1)
6.2 Automatic stabilizers and active fiscal policy
60(2)
6.3 Fiscal multipliers -- when and how to use them?
62(2)
6.4 Fiscal policy and economic development
64(4)
6.5 Conclusions
68(1)
7 Steering of the public sector economy
69(10)
7.1 Introduction
69(1)
7.2 Internal steering of the public sector
69(2)
7.3 Evidence-based steering
71(2)
7.4 Cost-benefit and cost-effectiveness studies
73(3)
7.5 Behavioural economics
76(1)
7.6 Conclusions
77(2)
8 In-cash benefits -- the role of the public sector
79(12)
8.1 Introduction
79(1)
8.2 Social policy
79(6)
8.3 Pensions
85(2)
8.4 Unemployment and other social benefits
87(2)
8.5 Summing up
89(2)
9 In-kind benefits -- the service of the public sector
91(24)
9.1 Introduction
91(1)
9.2 Criteria for access to in-kind benefits
92(1)
9.3 Day-care for children
92(1)
9.4 Healthcare
93(12)
9.5 Education
105(1)
9.6 Active labour market policy
106(4)
9.7 Long-term care
110(1)
9.8 Concluding remarks
111(4)
10 International influence, including the Economic and Monetary Union
115(13)
10.1 Introduction
115(1)
10.2 Globalization, regionalization and the public sector
115(3)
10.3 The EMU in the EU
118(2)
10.4 Deficit, debt and influence on policy options in one or more nation states
120(4)
10.5 Tax competition
124(1)
10.6 Conclusions
125(3)
11 A social investment perspective on public sector spending
128(13)
11.1 Introduction
128(1)
11.2 The social investment perspective
128(4)
11.3 Examples of social investment
132(2)
11.4 Research and structural policy
134(2)
11.5 Do we know the impact of changes including on behaviour?
136(2)
11.6 Conclusions
138(3)
12 Challenges for the public sector -- a few concluding remarks
141(7)
12.1 Introduction
141(1)
12.2 Demographic challenges
141(2)
12.3 How to prepare for future external shocks?
143(1)
12.4 Technology and the public sector
144(1)
12.5 Legitimacy and the public sector
145(1)
12.6 Concluding remarks
146(2)
Index 148
Bent Greve, Professor in Social Science, Department of Social Sciences and Business, University of Roskilde, Denmark