Towards a Market Economy : Structures of Governance /

Towards a Market Economy : Structures of Governance /

This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment-which is essential for s...

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Autore principale: Dhonte, Pierre
Altri autori: Kapur, Ishan
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1997.
Serie:IMF Working Papers; Working Paper ; No. 1997/011
Soggetti:
Authority
Economic Policy
Government Credibility
Government
WP
United States
Accesso online:Full text available on IMF
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245 1 0 |a Towards a Market Economy :   |b Structures of Governance /  |c Pierre Dhonte, Ishan Kapur. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997. 
300 |a 1 online resource (16 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment-which is essential for sustained growth in a market economy-can be established through a rules-based system which ensures freedom of entry into the market, access to information, and sanctity of contracts. Since creating a secure economic environment involves profound, far-reaching social change, it has historically been a complex and lengthy process in most societies. However, basing policy prescriptions on this benchmark helps avoid possible conflicts between different social and moral values. 
538 |a Mode of access: Internet 
650 7 |a Authority  |2 imf 
650 7 |a Economic Policy  |2 imf 
650 7 |a Government Credibility  |2 imf 
650 7 |a Government  |2 imf 
650 7 |a WP  |2 imf 
651 7 |a United States  |2 imf 
700 1 |a Kapur, Ishan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1997/011 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1997/011/001.1997.issue-011-en.xml  |z IMF e-Library 

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