Dealing with Losers The Political Economy of Policy Transitions
Dealing with Losers The Political Economy of Policy Transitions
- ISBN 13:
9780190456948
- ISBN 10:
0190456949
- Format: Paperback
- Copyright: 09/01/2015
- Publisher: Oxford University Press
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Summary
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.