Nicola Acocella Livres

Exploring the interplay between globalization and economic policy, this book delves into how domestic and foreign policies shape corporate strategies and vice versa. Nicola Acocella emphasizes contemporary issues within this dynamic relationship, making it a comprehensive resource for students with a foundational understanding of micro- and macro-economics. The analysis highlights the expanded range of choices available to firms and their significant influence on economic policymaking in a global context.

Recent developments in public economics have largely been in the direction of reaffirming the limits of the market and of establishing new ones. The possible existence of fundamental non-convexities, imperfect and asymmetric information, incentive compatibility, imperfect competition, strategic complementarity, and scale economies led to the conclusion that a large set of market failures exist; such situations also imply government failure. Acocella, considers this complicated picture and provides a discussion of the different approaches to establishing social 'rankings' of the possible situations and the underlying principles. The arguments for and against different institutions are then analysed at a micro and macroeconomic level. The market and the government are recognised as imperfect, and thus complementary, institutions. Specific policy targets and instruments are considered in the areas of micro and macro-economic policy. Special attention is devoted to questions of policy management in an open economy. Finally, problems of domestic and international policy co-ordination are considered.

Focusing on the significance of education within Europe, this book explores various education systems by comparing their organization, teaching methods, and funding models. It traces the history of education globally and addresses the issue of NEETs. Beginning with the Bologna Process's six dimensions of the European Education Area, it critiques current systems and advocates for a more effective education model that meets diverse needs. Aimed at educators and administrators, it encourages reflection on the future of education and its vital role in society.

The book presents a compelling argument for the essential role of government in shaping economic policy. It highlights the importance of foundational principles, effective coordination, and the expansive reach of government actions in addressing economic challenges. The author, a leading expert in the field, draws on extensive research to illustrate how strategic government involvement can drive economic growth and stability.

Explores four current economic problems - crises, stagnation, efficiency and equity, and globalization - and the difficulty of taming them. The content is equally accessible to readers with a basic knowledge of economics, those with no knowledge of economics, and those well trained in economics.

The book illustrates the historical roots of the institutions and policies at the core of the European Union, which are largely based on the operation of free markets and a common monetary policy. It analyzes the imbalances caused by both these institutions and reemerging populism, suggesting possibilities for future conditions and reforms.

A leading expert on economic policy makes the convincing case for the foundation, coordination and reach of government action through economic policy. Presenting justifications for government intervention in coping with market failures, Acocella applies the theory of economic policy to current global issues.

This new theory of economic policy accommodates and responds to conflicts between strategic actions by public and private agents. It is an essential tool for understanding the real impact of policy neutrality, rational expectations, time inconsistency and policy announcements, and suggests institution designs with optimal chances of success.

An examination of macroeconomic policy, focusing on the relationship between free-market policies and government intervention.

Social pacts have long been a centerpiece of European politics. They are characterized by negotiations among government, employers, workers, and other interest groups over wages and other economic issues. With the growth of globalization, some economists have called for a reduced role of social pacts and centralized wage bargaining, to be replaced by increased flexibility in labor agreements; others argue in favor of social pacts. In this book leading European economists examine the current status of social pacts and their future. Particular focus is placed on the role of trade unions, and the positive role they can play for economic and social stability by agreeing to set wages on the basis of a target rate of inflation. This was the argument of Ezio Tarantelli, a young Italian economist killed by Red Brigades in 1985. As the European Union expands and social change accelerates, this insightful book will be of interest to all concerned with social and economic developments across Europe.