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POLI 2P99 (19)
Lecture

Monday October 28th 2013 Poli 2P99.docx

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Department
Political Science
Course
POLI 2P99
Professor
Charles Conteh
Semester
Fall

Description
Monday October 28 2013 Poli 2P99: Public Policy Slide 1: Public Policy rationale of Economic Well-Being 1. promotion of economic growth and improved living standard through macroeconomic instruments 2. promotion economic efficiency (addressing market failures such as monopolistic behavior and negative externalities) 3. Provision of public goods (such as infrastructure, energy, transportation, ect) 4. Promotion of fairness and equity (social and other redistributive policies) Slide 2: Managing the national economy in a Globalized Age A. the intensification of global competition (especially with emerging markets offering lower labour costs and more relaxed environmental regulations) B. the trend towards increasing international policy convergence (WTO,
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