- Title Pages
- Epigraph
- Providing Global Public Goods
- Epigraph
- Prologue
- Foreword
- Acknowledgments
- Contributors
- Overview
- Why Do Global Public Goods Matter Today?
- How to Improve the Provision of Global Public Goods
- 1 Concepts: Rethinking Public, Global, and Good
- Public Goods: A Historical Perspective
- Advancing the Concept of Public Goods
- International Aspects of Public Goods Provision
- Assessing the Optimal Provision of Public Goods: In Search of the Holy Grail
- Assessing the Provision Status of Global Public Goods
- 2 Politics: Bringing the Public Back into Public Policymaking
- Political Globalization: Trends and Choices
- Governing the Provision of Global Public Goods: The Role and Legitimacy of Nonstate Actors
- The Governance of the International Monetary Fund
- Steps Toward Enhanced Parity: Negotiating Capacity and Strategies of Developing Countries
- Getting to Fairness: Negotiations Over Global Public Goods
- Combining Efficiency With Equity: A Pragmatic Approach
- 3 Production: Getting to the Good
- Creating Incentives for Cooperation: Strategic Choices
- Financing Global Public Goods: A New Frontier of Public Finance
- Institutional Options for Producing Global Public Goods
- Managing the Provision of Knowledge: The Design of Intellectual Property Laws
- 4 Case Studies: Applying the Concept of Global Public Goods
- International Financial Stability and Market Efficiency as a Global Public Good
- The Multilateral Trade Regime: A Global Public Good for All?
- Beyond Communicable Disease Control: Health in the Age of Globalization
- Global Trade for Local Benefit: Financing Energy for All in Costa Rica
- Conserving Biodiversity: Reconciling Local and Global Public Benefits
- Problems of Publicness and Access Rights: Perspectives from the Water Domain
- Corruption and Global Public Goods
- Further Reading
- Glossary
- About the Contributors
- Index
Assessing the Optimal Provision of Public Goods: In Search of the Holy Grail
Assessing the Optimal Provision of Public Goods: In Search of the Holy Grail
- Chapter:
- (p.131) Assessing the Optimal Provision of Public Goods: In Search of the Holy Grail
- Source:
- Providing Global Public Goods
- Author(s):
Todd Sandler
- Publisher:
- Oxford University Press
Develops two typologies of global public goods, and explains how issues of publicness relate to issues of production level and efficiency. It begins by examining the main classes of public goods from the viewpoint of how the nature of their benefits could affect the prognosis for their provision. It shows that judging provision efficiency becomes more complex when technologies of supply aggregation are taken into account. It then discusses two additional, special classes of public goods—club goods and joint products. On the basis of this analysis, the chapter suggests a few measures that could be employed in judging optimal provision, a discussion that leads to the two typologies, and is useful for supply prognoses. Finally, it searches for the Holy Grail: an empirical measure of optimality.
Keywords: club goods, efficiency, global public goods, joint products, optimality
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- Title Pages
- Epigraph
- Providing Global Public Goods
- Epigraph
- Prologue
- Foreword
- Acknowledgments
- Contributors
- Overview
- Why Do Global Public Goods Matter Today?
- How to Improve the Provision of Global Public Goods
- 1 Concepts: Rethinking Public, Global, and Good
- Public Goods: A Historical Perspective
- Advancing the Concept of Public Goods
- International Aspects of Public Goods Provision
- Assessing the Optimal Provision of Public Goods: In Search of the Holy Grail
- Assessing the Provision Status of Global Public Goods
- 2 Politics: Bringing the Public Back into Public Policymaking
- Political Globalization: Trends and Choices
- Governing the Provision of Global Public Goods: The Role and Legitimacy of Nonstate Actors
- The Governance of the International Monetary Fund
- Steps Toward Enhanced Parity: Negotiating Capacity and Strategies of Developing Countries
- Getting to Fairness: Negotiations Over Global Public Goods
- Combining Efficiency With Equity: A Pragmatic Approach
- 3 Production: Getting to the Good
- Creating Incentives for Cooperation: Strategic Choices
- Financing Global Public Goods: A New Frontier of Public Finance
- Institutional Options for Producing Global Public Goods
- Managing the Provision of Knowledge: The Design of Intellectual Property Laws
- 4 Case Studies: Applying the Concept of Global Public Goods
- International Financial Stability and Market Efficiency as a Global Public Good
- The Multilateral Trade Regime: A Global Public Good for All?
- Beyond Communicable Disease Control: Health in the Age of Globalization
- Global Trade for Local Benefit: Financing Energy for All in Costa Rica
- Conserving Biodiversity: Reconciling Local and Global Public Benefits
- Problems of Publicness and Access Rights: Perspectives from the Water Domain
- Corruption and Global Public Goods
- Further Reading
- Glossary
- About the Contributors
- Index
