{"product_id":"cost-benefit-analysis-of-multi-level-government","title":"Cost-Benefit Analysis of Multi-level Government","description":"\u003cp\u003eThis book provides an original theoretical framework for assessing public investment policies co-financed by Union (Federal) governments. This framework is applied to two important case studies: the EU Cohesion Policy and the US Federal Investment Policies.\u003c\/p\u003e\u003cp\u003e\u003cem\u003eCost-Benefit Analysis of Multi-Level Government\u003c\/em\u003e sheds light on a number of outstanding issues of economic theory by extending the theory of shadow prices, and provides guidance to real-world decision makers. In particular, the following questions are addressed:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eIn which circumstances is intervention by higher level government in Member States through investment policies justified?\u003c\/li\u003e\n\u003c\/ul\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eIs there a welfare economics rationale to underpin interregional equity? What is the relationship between interregional and interpersonal income distribution? How can social exclusion be included in cost-benefit tests?\u003c\/li\u003e\n\u003c\/ul\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eHow can a higher level of government allocate financial resources to investment policies before it bargains over the related programming documents with lower levels of government?\u003c\/li\u003e\n\u003c\/ul\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eIn these circumstances, how can optimal matching rates be derived under binding or non binding budgetary constraints?\u003c\/li\u003e\n\u003c\/ul\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cp\u003e \u003c\/p\u003e \u003c\/li\u003e\n\u003cli\u003eHow can such an analytical framework provide guidance for real-world decision makers?\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eGuidelines such as the \u003cem\u003eImpact Assessment Guidelines\u003c\/em\u003e (European Commission),\u003cem\u003e the Green Book \u003c\/em\u003e(British Treasury), and \u003cem\u003eGuidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs\u003c\/em\u003e (Executive Office of the US President) are also analyzed.\u003c\/p\u003e\u003cp\u003eThe book will be of interest to policy makers, postgraduate students and researchers in cost-benefit analysis, welfare economics, public choice, public finance, multi-level government economics, and income distribution issues.\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":54234003898712,"sku":"9780415568210","price":210.8,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780415568210_ae4139fb-f7d4-4baf-bd1d-d233e02c07b3.jpg?v=1769148924","url":"https:\/\/agendabookshop.com\/products\/cost-benefit-analysis-of-multi-level-government","provider":"Agenda Bookshop","version":"1.0","type":"link"}