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Informationen zum Autor Nicola Acocella is Professor of Economic Policy at the University of Rome 'La Sapienza'. Zusammenfassung In this textbook! Professor Nicola Acocella analyses both the principles and techniques of public intervention in the global economy. A wide range of topics are covered! from market and government failures to the consequences of globalisation for economic policymaking. Inhaltsverzeichnis Preface; List of symbols; 1. Introduction; Part I. The Market, Efficiency and Equity: 2. Market failures: microeconomic aspects; 3. Market failures: macroeconomic aspects; Part II. Normative and Positive Theory of Economic Policy: 4. The normative theory of economic policy; 5. Government failures: elements of a positive theory of economic policy; Part III. Microeconomic Policies: 6. Property rights, corporate governance and public enterprises; 7. Competition policies. Policies for externalities and public goods; 8. Industrial and regional policies. Redistributive policies; 9. Social choice and cost-benefit analysis; Part IV. Macroeconomic Policies: 10. Macroeconomic schemes of analysis in an open economy; 11. Macroeconomic objectives and monetary policy; 12. Macroeconomic objectives and fiscal policy; 13. Incomes and price policies; 14. Balance of payments policies; 15. Trade policies: free trade and protectionism; Part V. Private and Public Institutions in an International Setting: 16. Monetary systems and exchange rate regimes; 17. Development and trade organisations; 18. Regional public institutions: the European Union; Part VI. Globalisation and the Quest for a New Institutional Setting: 19. The internationalisation of private institutions: the globalisation of markets and production; 20. The challenges of globalisation for public policies; List of references; List of boxes; Author index; Subject index.