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Crafting consensus, Baerg, Nicole (assistant Professor In Government, Assistant Professor In Government, University Of Essex)


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Автор: Baerg, Nicole (assistant Professor In Government, Assistant Professor In Government, University Of Essex)
Название:  Crafting consensus
ISBN: 9780190499488
Издательство: Oxford Academ
Классификация:







ISBN-10: 0190499486
Обложка/Формат: Hardcover
Страницы: 184
Вес: 0.37 кг.
Дата издания: 10.12.2020
Язык: English
Размер: 21.08 x 13.72 x 2.29 cm
Читательская аудитория: General (us: trade)
Подзаголовок: Why central bankers change their speech and how speech changes the economy
Ссылка на Издательство: Link
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Поставляется из: Англии
Описание: In a world dependent on the constant sharing of information, central bankers increasingly communicate their policies to the mass public. Central bank communications are drafted in monetary policy committee meetings composed of policymakers with differing interests. Despite their differences,
committee members must come together, write, and agree to an official policy statement. Once released to the public, central bank communications then affect citizens actions and ultimately, the economy. But how exactly does this work?

In Crafting Consensus, Nicole Baerg explains how the transparency of central bank communication depends on the configuration of committee members preferences. Baerg argues that monetary policy committees composed of members with differing preferences over inflation are better suited to
communicating precise information with the public. These diverse committees produce central bank statements of higher quality and less uncertainty than those from more homogeneous committees. Additionally, she argues that higher quality statements more effectively shape individuals inflation
expectations and move the economy in ways that policymakers intend. Baerg demonstrates that central bankers are not impartial technocrats and that their preferences and the institutional rules where they work matter for understanding the politics of monetary policy and variations in economic
performance over time.

Conducting empirical analysis from historical archival data, textual analysis, machine-learning, survey experiments, and cross-sectional time-series data, Crafting Consensus offers a new theory of committee decision making and a battery of empirical tests to provide a rich understanding of
modern-day central banking.



Is there a New Consensus in Macroeconomics?

Автор: Arestis
Название: Is there a New Consensus in Macroeconomics?
ISBN: 023001903X ISBN-13(EAN): 9780230019034
Издательство: Springer
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Цена: 20896.00 р.
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Описание: This book aims to address the emergence of a `new consensus in macroeconomics` (NCM), following the end of the `old consensus` and the `golden age` period of the late 1960s and early 1970s, and the spur of the `schools of thought` controversies thereafter.

Culture and Consensus in European Varieties of Capitalism

Автор: Bruff
Название: Culture and Consensus in European Varieties of Capitalism
ISBN: 0230549322 ISBN-13(EAN): 9780230549326
Издательство: Springer
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Цена: 12577.00 р.
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Описание: Using two milestones in the Dutch and German political economies - Wassenaar and Alliance for Jobs respectively - this book argues that Antonio Gramsci`s `common sense` provides us with the conceptual apparatus necessary for analysing the integral role played by culture and consensus in the trajectories of national capitalisms in Europe.

International Development and the Washington Consensus

Автор: Marangos, John
Название: International Development and the Washington Consensus
ISBN: 0367200058 ISBN-13(EAN): 9780367200053
Издательство: Taylor&Francis
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Цена: 5817.00 р.
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Описание: With this book, John Marangos offers an insightful historical and theoretical review of the Washington Consensus and its successors among the mainstream.

Consensus Building in Group Decision Making

Автор: Yucheng Dong; Jiuping Xu
Название: Consensus Building in Group Decision Making
ISBN: 9811012830 ISBN-13(EAN): 9789811012839
Издательство: Springer
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Цена: 11179.00 р.
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Описание: This book is intended for researchers and postgraduates who are interested in the consensus reaching process in group decision-making problems. After reading this book, readers will possess a number of valuable tools for building consensus with minimum adjustments in the context of group decision-making.

International Development and the Washington Consensus

Автор: Marangos, John
Название: International Development and the Washington Consensus
ISBN: 0367200031 ISBN-13(EAN): 9780367200039
Издательство: Taylor&Francis
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Цена: 22202.00 р.
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Описание: With this book, John Marangos offers an insightful historical and theoretical review of the Washington Consensus and its successors among the mainstream.

Culture and Consensus in European Varieties of Capitalism

Автор: I. Bruff
Название: Culture and Consensus in European Varieties of Capitalism
ISBN: 134936178X ISBN-13(EAN): 9781349361786
Издательство: Springer
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Цена: 12577.00 р.
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Описание: Using two milestones in the Dutch and German political economies - Wassenaar and Alliance for Jobs respectively - this book argues that Antonio Gramsci`s `common sense` provides us with the conceptual apparatus necessary for analysing the integral role played by culture and consensus in the trajectories of national capitalisms in Europe.

Non-Consensus Investing: Being Right When Everyone Else Is Wrong

Автор: Bhansali Rupal J.
Название: Non-Consensus Investing: Being Right When Everyone Else Is Wrong
ISBN: 0231192304 ISBN-13(EAN): 9780231192309
Издательство: Wiley
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Цена: 4752.00 р.
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Описание: At a time when many proclaim the death of active investing, Rupal J. Bhansali makes a call for its renaissance. Non-Consensus Investing is a must-read for anyone who seeks to understand why active investing disappointed and how it can succeed.

Latin america after the washington consensus

Автор: International Policy, Pacific Council On
Название: Latin america after the washington consensus
ISBN: 0595385850 ISBN-13(EAN): 9780595385850
Издательство: Неизвестно
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Цена: 2140.00 р.
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Описание: In spite of the defeat of hyperinflation and improvements in macroeconomic management, the 1990s Washington Consensus-based reforms failed to reverse long-existing declines in productivity in Latin America. They also failed to create adequate local credit markets necessary for higher and more stable growth.

By neglecting key matters of distribution, social welfare and investment in the region's human resources, the reforms have limited the prospects for long-term growth and left millions of Latin Americans feeling as if they have little stake in democratic governance and market economics. Drawing upon insights from top political and economic analysts from Latin America and the United States, Latin America after the Washington Consensus: Re-assessing Policies and Priorities discusses the need to reduce current levels of inequality and unemployment, invest in education to increase productivity and competitiveness, and strengthen the capacity of the state to withstand changes in the global economy.

Reaching higher rates of growth would solve many of the region's problems, but most Latin American countries have yet to generate the institutional and social conditions that would sustain such growth and endow local economies with more resilience. Warning against one-size-fits-all solutions, Latin America after the Washington Consensus insists that each Latin American state must respond to these challenges with pragmatic strategies based on its own strengths and weaknesses.

Critique of the new consensus macroeconomics and implications for india

Автор: Nachane, Dilip. M.
Название: Critique of the new consensus macroeconomics and implications for india
ISBN: 8132239180 ISBN-13(EAN): 9788132239185
Издательство: Springer
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Цена: 11179.00 р.
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Описание: The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional policy wisdom and suggests a systematic re-orientation of current macroeconomic and financial regulatory policies in India.The New Consensus Macroeconomics (NCM), which established itself in the 1980s as mainstream macroeconomics, essentially represents an “uneasy truce” between two dominant schools of economic thought viz. New Classical and Neo-Keynesian economics. The NCM sets the tone for much of the macroeconomic (especially monetary) policy followed by the advanced economies in the period of the Great Moderation (1990–2005). The recent global crisis has posed a major challenge to the NCM as empirical models based on the NCM failed to anticipate the occurrence of the crisis and later its extent and severity. The above considerations constitute the underpinnings of this book, which addresses the theoretical controversies within a general context and their policy implications for India. The authors’ analysis leads to a somewhat critical assessment of the financial sector policies followed in India since the initiation of reforms in 1991. This makes the book a valuable resource not only for researchers working in this area, but also for policy makers.

African Agricultural Reforms: The Role of Consensus and Institutions

Автор: Aksoy M. Ataman
Название: African Agricultural Reforms: The Role of Consensus and Institutions
ISBN: 0821395432 ISBN-13(EAN): 9780821395431
Издательство: Mare Nostrum (Eurospan)
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Цена: 4712.00 р.
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Описание: During the 1990s, SSA countries initiated agricultural policy reforms to increase producer incentives and increase growth. Yet, agricultural growth rates after the reforms have been uneven. This has been attributed to lack of supporting infrastructure or the inability to respond to incentives by the smallholders. Based on ten studies, this volume provides a different framework to interpret the outcomes. First, it attributes the success of the reforms to the degree of consensus around the reform programs, which in turn, creates the institutions that can accommodate unexpected shocks. It differentiates between short run growth accelerations and sustained growth episodes. Second, it analyzes the impact of international prices which increased during the early 1990 and collapsed around 2000. Finally, it links the support institutions that evolved after the reforms back to the political economy of the stakeholders and their interests. Aksoy and Anil develop a political economy framework by bringing together the issues of consensus over the distribution of rents, role of unexpected changes, and the capabilities of institutions in handling these changes. Onal tests the of supply responses while Onal and Aksoy analyze international commodity prices and their transmission to the producers. Baffes analyzes impact of the adoption of cotton biotechnology in India and China, and the failure of SSA to also adopt. Baffes and Onal undertake a comparative study of coffee sectors in Uganda, and Vietnam which faced similar shocks. Five case studies cover cashew in Mozambique (Aksoy and Yagci), coffee and tea in Kenya (Mitchell), cashew in Tanzania (Mitchell and Baregu), tobacco in Tanzania (Mitchell and Baregu), and cotton in Zambia (Yagci and Aksoy). Results show that Agricultural policy reforms generated an immediate positive supply response. Real producer prices increased along with output. In unsuccessful cases where the short run supply response petered out, political and social consensus on the reforms was weak, and the ability to redistribute income after a negative shock was not built into the new arrangements. These products had been a major instrument for rent distribution before the reforms. The agencies could not be reformed to give greater non price support. In successful cases, there was greater consensus on the reforms program. The product was not a major rent distribution instrument and the producers were allied with the governments. Lower conflict also led to greater non price support. There was enough political and economic space for the parties to find solutions in case of shocks.


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