Economic Analysis & Canadian Policy: Seventh Edition deals with concepts and theories in economics and its relation to Canadian economic policies. The major revision in this edition deals with the development of the real sector model for the macroeconomy. The book is divided into two parts. Part I is a general overview of economics and includes topics such as basic economic decisions, economic policies and analysis, supply and demand, market price, and the role of the government in the economy. Part II deals with the Canadian economy - its economic goals, economic growth, and national income; its banking systems; its fiscal policy, public debt, and budget deficit; and international trade policies, patterns, and rationale. Part III covers consumer demand, production costs, supply, market competition, and market structure. Part IV talks about labor market and wages, income distribution in Canada, and regional income disparity. The text is recommended for economists and financial analysts, especially those who would like to study about Canada's economy and its policies.
This original and insightful book considers the ways in which public law, which emphasises legality (the Demos), and economics, a science oriented towards the markets (the Agora), intertwine. Throughout, George Dellis argues that the concepts of legality and efficiency should not be perceived separately.
In recent years, energy policy has been increasingly linked to concepts of sustainable development. In this timely collection, editor G. Bruce Doern presents an overview of Canadian energy policy, gathering together the top Canadian scholars in the field in an examination of the twenty-year period broadly benchmarked by energy liberalization and free trade in the mid-1980s, and by Canada's ratification of the Kyoto Protocol in 2002. The contributors examine issues including electricity restructuring in the wake of the August 2003 blackout, the implications of the Bush Administration's energy policies, energy security, northern pipelines and Aboriginal energy issues, provincial changes in energy policy, and overall federal-provincial changes in regulatory governance. They also demonstrate that, since per capita energy usage has actually increased in the past several years, sustainable development remains very much a struggle rather than an achievement. When the Kyoto Protocol and its requirements for reductions in greenhouse gas emissions are factored in, the Canadian record is especially dubious in basic energy terms. Canadian Energy Policy and the Struggle for Sustainable Development is key to understanding many of the issues in Canada's endeavour to live up to its energy-related environmental responsibilities.
As corporations are restructured, governments cut back, and the international economy transformed, there is an increasing need to understand the economic and political forces involved, evaluate their implications, and develop strategies to modify them to meet society's interests. In light of the current situation, the study of political economy is more relevant than ever. Understanding Canada examines a variety of topics from viewpoints ranging from the established to the interdisciplinary. Issues such as gender, Native peoples, race, ethnicity and migration, globalization, foreign policy, the welfare state, regulation, communications, popular culture, and space and the environment are examined, as are the more traditional subjects of economic growth, resources and The new Canadian political economy has emerged from its infancy and is now regarded as a respected and innovative field of scholarship. Understanding Canada furthers this tradition by focusing on current issues in an accessible and informative way. Contents Introduction: Whither the New Canadian Political Economy? - Wallace Clement - Economic Growth and Economic Crisis: Canadian Capitalism Through the Ages - Mel Watkins (Toronto) - Resources and Manufacturing in Canada's Political Economy - Wallace Clement and Glen Williams (Carleton) - Labour in the New Canadian Political Economy - Paul Philips (Manitoba) - Gender at Work: Canadian Feminist Political Economy after 1988 - Meg Luxton (York) and Heather Jon Maroney (Carleton) - Understanding What Happened Here: The Political Economy of Indigenous Peoples - Frances Abele (Carleton) - The Political Economy of Race, Ethnicity, and Migration - Daiva Stasiulis (Carleton) - Going Global: The Politics of Canada's Foreign Policy - Mark Neufeld (Trent) and Sandy Whitworth (York) - Re-mapping Canada: The State in the Era of Globalism - Greg Albo (York) and Jane Jenson (Montréal) - The New Political Economy of Regions - Janine Brodie (York) - The Challenges of the Quebec Question: Paradigm and Counter-Paradigm - Daniel Salée (Concordia) and William Coleman (McMaster) - From the Post-War to the Post-Liberal Keynesian Welfare State - Isabella Bakker (York) and Katherine Scott (?) - Displacing the Welfare State - Liora Salter (York) and Rick Salter (?) - Public Discourse and the Structures of Communication - Ted Magder (York) - The (Real) Integrated Circus: Political Economy, Popular Culture, and Major League Sport - David Whitson (Alberta) and Richard Gruneau (affil?) - Contested Terrains: Social Space and the Canadian Environment - Iain Wallace (Carleton) and Rob Shields (Carleton).
What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.
In his final work, Murakami confronts three crucial questions: How and in what form can a harmonious and stable post-cold-war world order be created? How can the world maintain the necessary economic performance while minimizing conflicts and environmental deterioration? What must be done to safeguard the freedoms of all peoples?
Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as inconsequential in understanding what goes on in an economy. Such attempts are misguided, and this book shows how governments and political institutions are composed of people who respond to incentives and whose behavior and choices can be studied through the lens of economics. This book aims to bridge the gap between economics and politics, and in doing so hopes to instill in the reader a deeper appreciation for social scientific thinking. Opening with a refresher on microeconomics and an introduction to the toolkit of political economy, it ensures that the necessary building blocks are in place before building up from the level of the individual and the firm to show how a political–economic equilibrium can be achieved. The text explores how to separate primitives—the external parts of a model that we cannot affect—from outcomes—the internal parts of a model that we can. Moreover, it demonstrates that economic and political issues alike can be studied within the same general framework of analysis. Political Economy and Policy Analysis offers readers the chance to gain a more sophisticated understanding of political processes, economic processes, and the interplay among them. Adopting an applied microeconomics approach, it will be ideal for upper-level undergraduate or postgraduate courses on political economy, public choice, or policy analysis. A complementary workbook with exercises and solutions that accompanies Political Economy and Policy Analysis is available for download under the eResources tab at: https://www.routledge.com/Political-Economy-and-Policy-Analysis/Merlo/p/book/9781138591783.
This textbook integrates three related fields in economics, namely agricultural/forestry economics, environmental economics, and international trade, by foregrounding cost-benefit analysis as a significant policy tool. Exploring how welfare measures can be used in the analysis of agricultural, trade, and other economic policies, Applied Welfare Economics, Trade, and Agricultural Policy Analysis fills a gap in the literature on agricultural policy analysis by explaining the economic efficiency improvements and income transfers of various agricultural policy reforms in the United States, Canada, and the European Union. G. Cornelis van Kooten addresses methods of identifying and measuring economic surpluses (costs and benefits), the precautionary principle, identification of an appropriate discount rate, the importance of non-market values, and the role of agriculture in trade negotiations and climate change. Applied Welfare Economics, Trade, and Agricultural Policy Analysis draws on new research, brings attention to the existing literature, and includes review questions that challenge programming skills. The techniques developed in this text can be applied to the development and reform of agricultural policies in various regions in response to trade negotiations and many other situations involving government policy.
This study offers an international review of the initial applications of behavioural economics to policy, with a particular focus on regulatory policy.
The growth of what some academics refer to as 'the policy analysis movement' represents an effort to reform certain aspects of government behaviour. The policy analysis movement is the result of efforts made by actors inside and outside formal political decision-making processes to improve policy outcomes by applying systematic evaluative rationality to the development and implementation of policy options. This volume offers a comprehensive overview of the many ways in which the policy analysis movement has been conducted, and to what effect, in Canadian governments and, for the first time, in business associations, labour unions, universities, and other non-governmental organizations. Editors Laurent Dobuzinskis, Michael Howlett, and David Laycock have brought together a wide range of contributors to address questions such as: What do policy analysts do? What techniques and approaches do they use? What is their influence on policy-making in Canada? Is there a policy analysis deficit? What norms and values guide the work done by policy analysts working in different institutional settings? Contributors focus on the sociology of policy analysis, demonstrating how analysts working in different organizations tend to have different interests and to utilize different techniques. They compare and analyze the significance of these different styles and approaches, and speculate about their impact on the policy process.