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Policy Autonomy (policy + autonomy)

Distribution by Scientific Domains
Humanities and Social Sciences100%

Selected Abstracts

Policy Autonomy and the History of British Aid to Africa

DEVELOPMENT POLICY REVIEW, Issue 6 2005
Tony Killick
This article utilises historical information to throw light on the forces shaping British aid policies towards Africa. It outlines key long-term policy developments, summarises the influences shaping these policies and comments on the present juncture of UK policies. It shows that, while there have been many influences, governments have enjoyed considerable policy autonomy, being largely unconstrained in pursuing their preferences in a top-down manner. This autonomy has mainly been used for the pursuit of long-term development, as against the promotion of the UK's national interest. The present thrust of UK policies to achieve massive increases in aid to Africa is a prime example of this policy autonomy. [source]

Fear of Floating and the External Effects of Currency Unions

AMERICAN JOURNAL OF POLITICAL SCIENCE, Issue 3 2008
Thomas Plümper
The introduction of the Euro has considerably affected the de facto monetary policy autonomy,defined as independence from monetary policy in the key currency areas,in countries outside the European Currency Union (ECU). Using a standard open economy framework, we argue that de facto monetary policy autonomy has significantly declined for countries that dominantly trade with the ECU and slightly increased for countries that dominantly trade with the Dollar zone. The predictions of our model find support in the data. We estimate the influence of the Bundesbank's/ECB's and the Fed's monetary policies on various country groups. The de facto monetary policy autonomy of both non-Euro EU members and EFTA countries declined with the introduction of the Euro. This effect was slightly stronger for the EU member countries than for EFTA countries as our theory predicts. At the same time, the de facto monetary policy autonomy of Australia and New Zealand vis-à-vis the US Dollar has (moderately) increased. [source]