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- W2339085393 abstract "This chapter focuses on overt, explicit policy initiatives to redistribute income and wealth. To be sure, almost all economic policies have some redistributive impacts. In the short run, at least, both regulation and spending policies have winners and losers: regulations limit the behavior of some at the expense of others; budget allocations require taxation or diversion of allocations from one set of actors to another. The promotion of one sector or region entails relative neglect of others. The fundamental economic parameters, such as exchange rates, tax rates, and interest rates, strongly influence the comparative prosperity of importers versus exporters, the urban sector versus the rural sector, and so on. Therefore, the examination of “redistributive policies” as a general category would not be useful. However, a much smaller subset of economic policies is explicitly and primarily redistributive. Because of the strong potential of these overtly redistributive policies to provoke conflict, it is worth focusing separately on them." @default.
- W2339085393 created "2016-06-24" @default.
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- W2339085393 date "2016-01-01" @default.
- W2339085393 modified "2023-09-23" @default.
- W2339085393 title "Grabbing Assets and Opportunities" @default.
- W2339085393 doi "https://doi.org/10.1057/9781137555120_5" @default.
- W2339085393 hasPublicationYear "2016" @default.
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