This paper discusses the problems and issues on the political failures in Bangladesh as well as identifies some possible solutions. The approach here is analytical mostly reviewing current news, reports and other related materials. A comparative study is also done between the present and...

The application and design of public-private partnerships between the extremes of purely public or purely private task fulfilment in public services is, in practice, subject to political processes. Decisions about PPPs (realisation, arrangement) are taken in the political arena and are therefore...

This paper utilizes six-year Senate terms and two-year reporting periods to analyze if Political Action Committees are using their donations to influence the actions of sitting Senators as opposed to simply trying to get those with favorable policy views re-elected. Senators that are early in...

Russian Abstract: Данный текст является введением в книгу "Стратегия долгосрочного процветания: в поисках растаявшего ориентира". "Стратегия… " является продолжением и...

In diverse areas – from retirement savings, to fuel economy, to prescription drugs, to consumer credit, to food and beverage consumption – government makes personal decisions for us or helps us make what it sees as better decisions. In other words, government serves as our agent. Understood...

Russian Abstract: "Стратегия…" является продолжением и дополнением работы "Институциональные ограничения современного экономического роста", впервые вышедшей в 2011...

To a very large extent, politics is agency. Indeed, agent-principal relationships pervade public and public-private behavior. This paper reviews the extensive but not yet integrated literature applying agency concepts to political settings. This includes agency in definitions of politics or...

George Stigler’s “The Theory of Economic Regulation” (1971) is a landmark in the economics of regulation. It used simple public choice reasoning to set out the “capture theory” of regulation whereby “… as a rule, regulation is acquired by the industry and is designed and operated...

A common argument against privatization is that private providers will self-interestedly lobby to increase the size of their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization based on the possibility that the private prison...

Interkommunale Kooperation wird vielfach als ein Mittel angesehen, mit dem speziell Städte und Gemeinden außerhalb der großen Ballungsräume die Folgen des demographischen Wandels und des zunehmenden interregionalen Standortwettbewerbs besser bewältigen könnten. Obschon immer mehr Gemeinden...