POLITICAL PROCESS AND THE FORMATION OF ECONOMIC POLICY

Robin Johnson

Economic Affairs, 2003, vol. 23, issue 1, 27-32

Abstract: Institutional economics has some useful things to say about government policy‐forming processes. It focuses attention on the structural components of government institutions which shape the direction of policy formation and its delivery. In this article, the author discusses how institutional models of government decision‐making may be adapted to parliamentary systems of government. This approach has some merit because it rescues analysis of government processes from models based on the US constitutional system.

Date: 2003
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