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Equity policy and political feasibility in the European Union

In: Political Economy and Public Finance

Author

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  • Anibal Cavaco Silva

Abstract

There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to contribute to a meaningful dialogue between these two groups, in the belief that the future of both political economy and of normative public finance lies somewhere between the two approaches. Some of the specific questions addressed in the book include: does public finance need political economy? Should collective choice play a role in the standard of reference used in normative public finance? What is a ‘failure' in a non-market or policy process? And what have we learned about the theory and practice of public finance from three decades of empirical research on public choice? The book also provides a practitioner's view of the political economy of redistribution.

Suggested Citation

  • Anibal Cavaco Silva, 2002. "Equity policy and political feasibility in the European Union," Chapters, in: Stanley L. Winer & Hirofumi Shibata (ed.), Political Economy and Public Finance, chapter 11, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2805_11
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    Cited by:

    1. Semedo, Gervasio, 2007. "L’évolution des dépenses publiques en France : loi de Wagner, cycle électoral et contrainte européenne de subsidiarité," L'Actualité Economique, Société Canadienne de Science Economique, vol. 83(2), pages 123-162, juin.

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