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The New Political Economy

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  • Timothy Besley

Abstract

The aim of the New Political Economy is to understand important issues that arise in the policy sphere. -super-1 It is not, as is occasionally hinted, an effort by economists to colonise political science. Rather, the main concern is to extend the competence of economists to analyse issues that require some facility with economic and political decision making. At the margin, the New Political Economy reverses the split that occurred between the disciplines of economics and political science at the end of the nineteenth century. This article is not a survey of the field. It is a selective and personal view of some of the themes in the literature. It is framed more as a manifesto presented in the hope that somebody who encounters these ideas for the first time here might be tempted to delve further into the literature and even contribute to it. Copyright 2007 The Author(s). Journal compilation Royal Economic Society 2007.

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Bibliographic Info

Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 117 (2007)
Issue (Month): 524 (November)
Pages: F570-F587

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Handle: RePEc:ecj:econjl:v:117:y:2007:i:524:p:f570-f587

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Cited by:
  1. Marcelin Joanis, 2008. "The Road to Power: Partisan Loyalty and the Centralized Provision of Local Infrastructure," Cahiers de recherche 08-15, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke.
  2. Paul Collier & Rick Van Der Ploeg & Michael Spence & Anthony J Venables, 2010. "Managing Resource Revenues in Developing Economies," IMF Staff Papers, Palgrave Macmillan, vol. 57(1), pages 84-118, April.
  3. Majah-Leah Ravago & James Roumasset, 2009. "Economic Policy for Sustainable Growth and Development vs. Greedy Growth and Preservationism," Working Papers 200909, University of Hawaii at Manoa, Department of Economics.
  4. Stefan Voigt, 2011. "Positive constitutional economics II—a survey of recent developments," Public Choice, Springer, vol. 146(1), pages 205-256, January.
  5. James Roumasset, 2010. "Wither The Economics of Agricultural Development?," Working Papers 2010-03, University of Hawaii Economic Research Organization, University of Hawaii at Manoa.
  6. Voigt, Stefan, 2011. "Empirical constitutional economics: Onward and upward?," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 319-330.
  7. Lucarelli, Stefano, 2008. "Cicli politici elettorali ed evoluzione del finanziamento della sanità italiana: uno studio di lungo periodo
    [Political Electoral Cycles and Evolution of Italian Health Care System Financing: a Lo
    ," MPRA Paper 28009, University Library of Munich, Germany.
  8. Vladimir D. Matveenk, 2011. "Interests of Social Groups, Direction of Technical Progress, and Barriers to Development: How Sustainable is the World Economic Growth?," DEGIT Conference Papers c016_047, DEGIT, Dynamics, Economic Growth, and International Trade.
  9. Veronica Coca, 2010. "The Impact of Rules on Economic Activity," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.
  10. Schnellenbach, Jan & Schubert, Christian, 2014. "Behavioral public choice: A survey," Freiburg Discussion Papers on Constitutional Economics 14/03, Walter Eucken Institut e.V..

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