The political economy of local government
By: Brian Dollery and Joe Wallis.
Contributors: Wallis, Joe.
Series: Studies in fiscal federalism and state-local finance
Publisher: Edward Elgar Pub.; Edward Elgar
Published: 2001
Place of publication: Cheltenham; Northampton, MA
Language: eng
Number of pages: 252
Subjects: Economic policy.; Political planning.; Policy sciences.; Local government.
Description: "In recent decades, local government has become increasingly complex. The Political Economy of Local Government draws upon recent developments in economics, including new institutional economics, and contemporary advances in the theories of social capital and leadership, in order to explain local government policy formulation.".

"The authors go beyond the study of local public goods to explore the sources of market failure and examine whether local authorities are more susceptible to certain types of government failure. In addition, a transaction cost analysis of markets, hierarchies and networks is applied to ascertain the comparative institutional advantage local authorities might have in the supply of local governance.

The book also considers the extent of the influence that these recent advances in the theories of social capital and leadership have on the process and implementation of local government policy." "This book offers a fresh and readily accessible perspective on the political economy of local government policy making, and will be of particular interest to students and practitioners of economics, political science, public administration, policy studies and local government."--BOOK JACKET.
Notes: Includes bibliographical references and index.