Property Relations, Incentives and Welfare: Proceedings of a Conference held in Barcelona, Spain, by the International Economic Association
β Scribed by John E. Roemer (eds.)
- Publisher
- Palgrave Macmillan UK
- Year
- 1997
- Tongue
- English
- Leaves
- 417
- Series
- International Economic Association Series
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Synopsis
The dramatic implosions of the centrally administered, non-democratic political systems in central and eastern Europe in the late 1980s have generated a body of research concerning the transition from public ownership, and the role of the market and other institutions in engendering good incentives for economic actors. The essays collected in this volume study property relations, their associated incentives and the consequent effects on welfare: the ubiquitous theme is that efficiency cannot be divorced from the distribution of productive assets.
β¦ Table of Contents
Front Matter....Pages i-xviii
Front Matter....Pages 1-1
Informational Rents and Property Rights in Land....Pages 3-42
An Efficiency Argument for Sustainable Use....Pages 43-68
Full Employment as a Worker-Discipline Device....Pages 69-93
Transferability of Collective Property Rights: Does Trade Destroy Trust?....Pages 94-115
Limited Privatization in the Presence of Public Bads....Pages 116-144
Front Matter....Pages 145-145
Corporate Governance, Financial Systems and the Transition to Capitalism: Towards a Conceptual Framework....Pages 147-170
Long-Term Investment and Monitoring in Financial Relationships....Pages 171-193
Alternative Models of Control: Efficiency, Accessibility and Market Failures....Pages 194-215
Front Matter....Pages 217-217
Employment Contracts, Finance and the Distribution of Wealth....Pages 219-242
Democratic Firms and the Distribution of Wealth....Pages 243-267
Front Matter....Pages 269-269
The Economics of Enterprise Restructuring in Central and Eastern Europe....Pages 271-325
Chinese Township-Village Enterprises as Vaguely Defined Cooperatives....Pages 326-355
Front Matter....Pages 357-357
Why Have the Rabble not Redistributed the Wealth? On the Stability of Democracy and Unequal Property....Pages 359-393
Back Matter....Pages 395-408
β¦ Subjects
Real Estate Management; Demography; Social Care; Political Science; Economics, general
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