Actions for Towards a Market Economy [electronic resource]: Structures of Governance

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Towards a Market Economy [electronic resource]: Structures of Governance

Author
Dhonte, Pierre
Published
Washington : International Monetary Fund Jan. 1997
Additional Creators
Kapur, Ishan
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Summary
Annotation This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environmentwhich is essential for sustained growth in a market economycan be established through a rulesbased system which ensures freedom of entry into the market, access to information, and sanctity of contracts. Since creating a secure economic environment involves profound, farreaching social change, it has historically been a complex and lengthy process in most societies. However, basing policy prescriptions on this benchmark helps avoid possible conflicts between different social and moral values.
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ISBN
9781451842746
1451842740 (Trade Paper)
View MARC record | catkey: 15225653