The New Public Finance: Responding to Global Challenges

Inhaltsverzeichnis

Foreword; 1. Introduction: What this Book is About; 2. The Main Messages ; PART I: THE NEW NATIONAL PUBLIC FINANCE--TAKING THE OUTSIDE WORLD INTO ACCOUNT; 3. The Rise of the Intermediary State; 4. Making Social Policy under Efficiency Pressures from Globalization; 5. Addressing Long-term Fiscal Challenges in an Interconnected World; 6. Macro Markets: Managing Risks to National Economies; 7. National Taxation in a Globalizing World: Policy Sovereignty and Coordination; 8. Recognizing the Limits to Cooperation behind National Borders: Financing the Control of International Terrorism; PART II: THE NEW INTERNATIONAL PUBLIC FINANCE--RELYING ON PUBLIC-PRIVATE PARTNERING; 9. The New Players on the Ground: Global Public-private Partnerships; 10. Financing Mechanisms for International Cooperation: Growing Numbers, Diversity and Issue-Specificity; 11. The Right Money at the Right Time: Bringing New Financing Technology to International Cooperation; 12. Financing International Cooperation: A Public Choice Analysis; PART III: THE NEW INTERNATIONAL PUBLIC FINANCE--INVESTING IN GLOBAL PUBLIC GOODS PROVISION ABROAD; 13. Identifying High-Return Investments: When Does International Cooperation Pay--and for Whom?; 14. Making International Cooperation Pay: Money as a Strategic Incentive; 15. "Trading" Global Public Services: The Incentive of Incremental Cost Payments; 16. Letting New Markets Find the Price: A Case Study of The Chicago Climate Exchange; 17. Using Existing Markets More Efficiently: Facilitating Access of developing Countries to Commodity Futures and Options Markets; 18. A New Perspective on the SDR Mechanism: Reducing the Cost of Holding Reserves; 19. Restructuring Unsustainable Sovereign Debt: The Merits of the Contractual and the Statutory Approach; 20. Excursus: Public Finance in the European Union: Emerging Lessons for International Cooperation; PART IV: THE NEW INTERNATIONAL PUBLIC FINANCE--INCENTIVIZING FOREIGN AID; 21. Some Things Cannot Yet Change: The Continuing Need for Multilateral Development Finance; 22. Creating Incentives to Graduate from Grants to Loans; 23. Offering Challenge Grants: The MCA; 24. Overcoming Smallness: The Challenge of Underfunded Regionalism; 25. Purchase Commitments: Incentives for Private Sector Involvement in Poverty Reduction; 26. From Direct to Indirect Donor Financing: The Role of Guarantees in Attracting private Finance to Developing Countries

Pressestimmen

"This collection offers a useful mix of public policy theory and practical applications. It serves as a worthwhile guide to how policy areas (e.g., the environment, economic development, and international debt) should be addressed and provides practical ideas about how to achieve international public policy goals. Recommended."--Choice