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Paperback Dealing with Losers: The Political Economy of Policy Transitions Book

ISBN: 0190456949

ISBN13: 9780190456948

Dealing with Losers: The Political Economy of Policy Transitions

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Format: Paperback

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Book Overview

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...

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