Dealing with Losers

The Political Economy of Policy Transitions

Nonfiction, Reference & Language, Law, Public, Administrative Law & Regulatory Practice
Cover of the book Dealing with Losers by Professor Michael J. Trebilcock, Oxford University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Professor Michael J. Trebilcock ISBN: 9780190457693
Publisher: Oxford University Press Publication: March 26, 2014
Imprint: Oxford University Press Language: English
Author: Professor Michael J. Trebilcock
ISBN: 9780190457693
Publisher: Oxford University Press
Publication: March 26, 2014
Imprint: Oxford University Press
Language: English

Whenever governments change policies--tax, expenditure, or regulatory policies, among others--there will typically be losers: people or groups who relied upon and invested in physical, financial, or human capital predicated on, or even deliberately induced by the pre-reform set of policies. The issue of whether and when to mitigate the costs associated with policy changes, either through explicit government compensation, grandfathering, phased or postponed implementation, is ubiquitous across the policy landscape. Much of the existing literature covers government takings, yet compensation for expropriation comprises merely a tiny part of the universe of such strategies. Dealing with Losers: The Political Economy of Policy Transitions explores both normative and political rationales for transition cost mitigation strategies and explains which strategies might create an aggregate, overall enhancement in societal welfare beyond mere compensation. Professor Michael J. Trebilcock highlights the political rationales for mitigating such costs and the ability of potential losers to mobilize and obstruct socially beneficial changes in the absence of well-crafted transition cost mitigation strategies. This book explores the political economy of transition cost mitigation strategies in a wide variety of policy contexts including public pensions, U.S. home mortgage interest deductions, immigration, trade liberalization, agricultural supply management, and climate change, providing tested examples and realistic strategies for genuine policy reform.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Whenever governments change policies--tax, expenditure, or regulatory policies, among others--there will typically be losers: people or groups who relied upon and invested in physical, financial, or human capital predicated on, or even deliberately induced by the pre-reform set of policies. The issue of whether and when to mitigate the costs associated with policy changes, either through explicit government compensation, grandfathering, phased or postponed implementation, is ubiquitous across the policy landscape. Much of the existing literature covers government takings, yet compensation for expropriation comprises merely a tiny part of the universe of such strategies. Dealing with Losers: The Political Economy of Policy Transitions explores both normative and political rationales for transition cost mitigation strategies and explains which strategies might create an aggregate, overall enhancement in societal welfare beyond mere compensation. Professor Michael J. Trebilcock highlights the political rationales for mitigating such costs and the ability of potential losers to mobilize and obstruct socially beneficial changes in the absence of well-crafted transition cost mitigation strategies. This book explores the political economy of transition cost mitigation strategies in a wide variety of policy contexts including public pensions, U.S. home mortgage interest deductions, immigration, trade liberalization, agricultural supply management, and climate change, providing tested examples and realistic strategies for genuine policy reform.

More books from Oxford University Press

Cover of the book Mine Eyes Have Seen the Glory by Professor Michael J. Trebilcock
Cover of the book The Conservative Human Rights Revolution by Professor Michael J. Trebilcock
Cover of the book The Handbook of Crime and Punishment by Professor Michael J. Trebilcock
Cover of the book The Revelations of St. Birgitta of Sweden, Volume 4 by Professor Michael J. Trebilcock
Cover of the book White Supremacy : A Comparative Study of American and South African History by Professor Michael J. Trebilcock
Cover of the book Market Madness by Professor Michael J. Trebilcock
Cover of the book Hypatia by Professor Michael J. Trebilcock
Cover of the book The Healthcare Professional Workforce by Professor Michael J. Trebilcock
Cover of the book Border Lives by Professor Michael J. Trebilcock
Cover of the book Fundamentalist U by Professor Michael J. Trebilcock
Cover of the book What Christians Believe by Professor Michael J. Trebilcock
Cover of the book Voice of the Buddha by Professor Michael J. Trebilcock
Cover of the book The Significance of Free Will by Professor Michael J. Trebilcock
Cover of the book Learning to Live Together by Professor Michael J. Trebilcock
Cover of the book Reading Politics with Machiavelli by Professor Michael J. Trebilcock
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy