If every system is perfectly designed to get the results it gets, what is wrong with the design of the systems that govern Britain? And how have they resulted in catastrophic failures of governance? In How Did Britain Come to This? Gwyn Bevan examines a century of systemic problems with the British state and highlights the urgent need for a new political settlement to fix them.Book Details
For developing countries, decentralising power from central government to local authorities holds the promise of deepening democracy, empowering citizens, improving public services and boosting economic growth. Decentralised Governance brings together a new generation of political economy studies that explore these issues analytically, blending theoretical insights with empirical innovation.Book Details
Trade is an essential driver of economic transformation, growth, and prosperity. At a time of global uncertainty and policy fluidity, this comprehensive volume demystifies African trade and trade policy to provide a deeper understanding of how trade impacts the lives of all Africans and the continent’s development aspirations.
Featuring a wealth of data-driven evaluations of trade negotiations and policy choices, How Africa Trades is an invaluable open access resource for making sense of the continent’s major trade challenges, including commodity dependence, competitiveness, and how African countries engage with often unconducive international trade rules that distort global markets.
In-depth analysis focuses on intra-African trade initiatives, including the African Continental Free Trade Area (AfCFTA), trade between African countries and their major trading partners, and how the short-term shocks of Covid-19 restrictions brought about longer-term changes in informal and formal trade patterns, and sped-up shifts in digital trade.
Edited by Professor David Luke, and featuring vital contributions on trade economics, international law and sustainable development, How Africa Trades draws on the research expertise of LSE’s Firoz Lalji Institute for Africa. This volume provides information, expertise and tools for policymakers, stakeholders and scholars with an interest in understanding the dynamics of trade and in making effective policy decisions that centre development and inclusivity for Africa and its people.Book Details
Access to the radio spectrum is vital for modern digital communication. It is an essential component for smartphone capabilities, the Cloud, the Internet of Things, autonomous vehicles, and multiple other new technologies. Governments use spectrum auctions to decide which companies should use what parts of the radio spectrum. Successful auctions can fuel rapid innovation in products and services, unlock substantial economic benefits, build comparative advantage across all regions, and create billions of dollars of government revenues. Poor auction strategies can leave bandwidth unsold and delay innovation, sell national assets to firms too cheaply, or create uncompetitive markets with high mobile prices and patchy coverage that stifles economic growth. Corporate bidders regularly complain that auctions raise their costs, while government critics argue that insufficient revenues are raised. The cross-national record shows many examples of both highly successful auctions and miserable failures.
Drawing on experience from the UK and other countries, senior regulator Geoffrey Myers explains how to optimise the regulatory design of auctions, from initial planning to final implementation. Spectrum Auctions offers unrivalled expertise for regulators and economists engaged in practical auction design or company executives planning bidding strategies. For applied economists, teachers, and advanced students this book provides unrivalled insights in market design and public management. Providing clear analytical frameworks, case studies of auctions, and stage-by-stage advice, it is essential reading for anyone interested in designing public-interested and successful spectrum auctions.Book Details
Economic growth is often a disruptive social process - so how has the Chinese state been able to maintain compliance from its people while at the same time pushing ahead an exceptionally rapid social and economic transformation? This book explores the question via detailed analysis of the trajectories, policy rationale, and effects of China’s pension reforms, demonstrating how statecraft shapes the ways that citizens ascribe credit and responsibility for pensions protection across themselves, the state and other actors.
The book shows that China’s governmentality for manufacturing compliance is hybrid, organic, and dynamic. The targeted allocation of benefits, policy experimentation, propaganda and knowledge construction, and many other approaches are used to shape public expectations and to justify state rule. An original contribution to the study of legitimation in modern states, the analysis particularly highlights that when active counter-conduct (such as resistance) is confined, individuals may choose cognitive rebellion and falsify their public compliance.Book Details
Governments in liberal democracies pursue social welfare, but in many different ways. The wellbeing approach instead asks: why not focus directly on increasing measured human happiness? Why not try to improve people’s overall quality of life, as it is subjectively seen by citizens themselves?
The radical implications of this stance include shifting attention to previously neglected areas (such as mental health and ‘social infrastructure’ services) and developing defensible measures of overall wellbeing or quality of life indicators. Can one ‘master’ concept of wellbeing work to create more holistic policy-making? Or should we stick with multiple metrics? These debates are well-developed in health policy-making and in alternative ‘capabilities’ approaches to assessing quality of life. Most recently, the connections between wellbeing and political participation have come into sharper focus.
Wellbeing remains a contested concept, one that can be interpreted and used differently, with consequences for how it is incorporated into policy decisions. By bringing together scholars from economics, psychology and behavioural science, philosophy and political science, the authors and editors of this short volume explore how different disciplinary approaches can contribute to the study of wellbeing and how this can shape policy priorities.Book Details