Appropriate growth policy: a unifying framework

In this lecture, we use Schumpeterian growth theory, where growth comes from quality-improving innovations, to elaborate a theory of growth policy and to explain the growth gap between Europe and the US. Our theoretical apparatus systematizes the case-by-case approach to growth policy design. The emphasis is on three policy areas that are potentially relevant for growth in Europe, namely: competition and entry, education, and macropolicy. We argue that higher entry and exit (higher firm turnover) and increased emphasis on higher education are more growth-enhancing in countries that are closer to the technological frontier. We also argue that countercyclical budgetary policies are more growth-enhancing in countries with lower financial development. The analysis thus points to important interaction effects between policies and state variables, such as distance to frontier or financial development, in growth regressions. Finally, we argue that the other endogenous growth models, namely the AK and product variety models, fail to account for the evidence on the relationship between competition, education, volatility, and growth, and consequently cannot deliver relevant policy prescriptions in the three areas we consider

Using a Model-driven Approach in Building a Provenance Framework for Tracking Policy-making Processes in Smart Cities

The significance of provenance in various settings has emphasised its potential in the policy-making process for analytics in Smart Cities. At present, there exists no framework that can capture the provenance in a policy-making setting. This research therefore aims at defining a novel framework, namely, the Policy Cycle Provenance (PCP) Framework, to capture the provenance of the policy-making process. However, it is not straightforward to design the provenance framework due to a number of associated policy design challenges. The design challenges revealed the need for an adaptive system for tracking policies therefore a model-driven approach has been considered in designing the PCP framework. Also, suitability of a networking approach is proposed for designing workflows for tracking the policy-making process.Comment: 15 pages, 5 figures, 2 tables, Proc of the 21st International Database Engineering & Applications Symposium (IDEAS 2017

Policy Framework to Strengthen Community Corrections

Details policy options for implementing reforms and best practices for reducing recidivism, including evidence-based supervision practices, earned compliance credits for offenders, and performance measurements and incentive funding for agencies

"The monetary policy framework of the ECB"

In this short presentation I cannot discuss the concrete definition of the ECB’s final target which is an increase of the harmonised index of consumer prices in the euro area of "below 2 percent". Thus, I will focus on the monetary policy framework that the ECB has developed in order to achieve its target

Transition Policy: A Conceptual Framework

Legal change, whether through legislation, regulation, or court decision, is a common phenomenon, and virtually all reform creates both gains and losses for those who under the prior regime took actions that would have lasting effects. This article offers a conceptual framework for assessing the desirability of different transition policies, ranging from compensation of losses and taxation of gains, grandfathering of pre-enactment investments, and delayed or partial implementation to complete and immediate implementation or even retroactive application. Emphasis is placed on how transitions and various mitigation strategies affect the incentives of and risk borne by private actors as well as on the behavior of government and how it may be affected by transition policy.

The Audit Logic: Policy Compliance in Distributed Systems

We present a distributed framework where agents can share data along with usage policies. We use an expressive policy language including conditions, obligations and delegation. Our framework also supports the possibility to refine policies. Policies are not enforced a-priori. Instead policy compliance is checked using an a-posteriri auditing approach. Policy compliance is shown by a (logical) proof that the authority can systematically check for validity. Tools for automatically checking and generating proofs are also part of the framework.\u

Ambiguity, multiple streams, and EU policy

The multiple streams framework draws insight from interactions between agency and institutions to explore the impact of context, time, and meaning on policy change and to assess the institutional and issue complexities permeating the European Union (EU) policy process. The authors specify the assumptions and structure of the framework and review studies that have adapted it to reflect more fully EU decision-making processes. The nature of policy entrepreneurship and policy windows are assessed to identify areas of improvement. Finally, the authors sketch out a research agenda that refines the logic of political manipulation which permeates the lens and the institutional complexity which frames the EU policy process