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Economic Governance and Full Employment

In: Does Economic Governance Matter?

Author

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  • Constantine E. Passaris

Abstract

This book contributes to the growing governance literature in three ways. First, it extends the analysis to new areas such as power asymmetry, regulation, transnational company strategies, and law enforcement. Secondly, it examines the role of formal institutions that shape and enforce the rules/norms codified in law; but also private-ordering institutions that function under the umbrella of the State; and private institutions (such as market rules/norms) that provide reputational and other information that foster compliance. Finally, the book extends and enriches the governance debate, addressing issues such as the determinants of institutional quality and efficiency, and the interaction between actor networks and institutional norms.

Suggested Citation

  • Constantine E. Passaris, 2011. "Economic Governance and Full Employment," Chapters, in: Mehmet Ugur & David Sunderland (ed.), Does Economic Governance Matter?, chapter 8, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14356_8
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    References listed on IDEAS

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    1. William Mitchell & Joan Muysken, 2008. "Full Employment Abandoned," Books, Edward Elgar Publishing, number 1188, June.
    2. Oliver E. Williamson, 2005. "The Economics of Governance," American Economic Review, American Economic Association, vol. 95(2), pages 1-18, May.
    3. William Darity, 1999. "Who Loses from Unemployment," Journal of Economic Issues, Taylor & Francis Journals, vol. 33(2), pages 491-496, June.
    4. Tony Aspromourgos, 2000. "Is an Employer-of-Last-Resort Policy Sustainable? A review article," Review of Political Economy, Taylor & Francis Journals, vol. 12(2), pages 141-155.
    5. Malcolm Sawyer, 2003. "Employer of Last Resort: Could It Deliver Full Employment and Price Stability?," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(4), pages 881-907, December.
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