Listing 1 - 2 of 2 |
Sort by
|
Choose an application
Policy design efforts are often hampered by an inadequate understanding of how policy tools and actions promote effective policies. This book addresses this gap by proposing a causal theory of the linkages between policy actions and policy effects. Adopting a mechanistic perspective, it identifies the causal processes that activate policy effects and help achieve policy goals. Bringing together established and emerging scholars in the field, Making Policies Work introduces new concepts of first- and second- order policy mechanisms developed from epistemological and theoretical perspectives, and considers how they can be activated through design. Theoretical concepts are explored through empirical cases from different policy arenas and contemporary policy issues such as partnerships in healthcare, food waste prevention, retirement savings, EU regulations and public sector reform. Graduate students in public policy, public administration and political science will find the powerful analytical tools offered in this book useful in exploring the theoretical elements of effective policy design. Policymakers and practitioners in governmental and non-governmental organisations interested in the practical applications will also benefit from reading this timely book.
Policy sciences. --- Policy-making --- Policymaking --- Public policy management --- Policy Change --- Policy Mechanisms --- Policy Instruments --- Public Policy Design --- Policy Implementation --- Policy Effectiveness
Choose an application
This paper presents evidence on the determinants of cross-border mergers and acquisitions in services sectors. It develops a stylized model of mergers and acquisitions that predicts that the incidence of merger and acquisition deals depends, inter alia, on the target economy's size, industrial structure and investment policies, as well as on bilateral transactions costs. These predictions are examined with bilateral merger and acquisition flow data and detailed information on policy barriers from a new database of restrictions on services investment. The analysis finds that: (1) geographical factors affect mergers and acquisitions in services and manufacturing similarly but cultural factors affect mergers and acquisitions in services more than in manufacturing. (2) Controlling for these bilateral factors, restrictive investment policies reduce the probability of merger and acquisition inflows but this negative effect is mitigated in countries with relatively large shares of manufacturing and (to a lesser extent) services in gross domestic product. The same results hold for the number of merger and acquisition deals received. These findings suggest that the impact of policy is state-dependent and related to the composition of gross domestic product in the target economy.
Cross-Border Mergers and Acquisitions --- Debt Markets --- E-Business --- Economic Theory & Research --- Emerging Markets --- Finance and Financial Sector Development --- Macroeconomics and Economic Growth --- Private Sector Development --- Public Sector Corruption and Anticorruption Measure --- Public Sector Development --- State Dependency in Policy Effectiveness
Listing 1 - 2 of 2 |
Sort by
|