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Palgrave Macmillan

The Distorted Economy

  • Book
  • © 2002

Overview

Authors:
  1. Hans C. Blomqvist

    1. Swedish School of Economics and Business Administration, Finland

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    You can also search for this author in PubMed   Google Scholar

  2. Mats Lundahl

    1. Stockholm School of Economics, Sweden

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    You can also search for this author in PubMed   Google Scholar

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xii
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  2. Welfare, Government Intervention and Political Economy

    • Hans C. Blomqvist, Mats Lundahl
    Pages 1-12

  3. Some Analytical Tools

    • Hans C. Blomqvist, Mats Lundahl
    Pages 13-38

  4. The Gains from Foreign Trade: The Fundamental Theorem

    • Hans C. Blomqvist, Mats Lundahl
    Pages 39-52

  5. Trade, Distortions and Welfare

    • Hans C. Blomqvist, Mats Lundahl
    Pages 53-73

  6. Instrumental Distortions: Swedish Agricultural Policy

    • Hans C. Blomqvist, Mats Lundahl
    Pages 74-90

  7. Import Substitution in Developing Countries

    • Hans C. Blomqvist, Mats Lundahl
    Pages 91-107

  8. Urban Bias

    • Hans C. Blomqvist, Mats Lundahl
    Pages 108-130

  9. The Apartheid System in South Africa

    • Hans C. Blomqvist, Mats Lundahl
    Pages 131-146

  10. The Socialist Planned Economy: The Price System Eliminated

    • Hans C. Blomqvist, Mats Lundahl
    Pages 147-163

  11. Interest Groups and Collective Action

    • Hans C. Blomqvist, Mats Lundahl
    Pages 164-183

  12. Directly Unproductive Profit-Seeking Activities

    • Hans C. Blomqvist, Mats Lundahl
    Pages 184-198

  13. The State as an Interest Group: The Economic Logic of Wielding Power

    • Hans C. Blomqvist, Mats Lundahl
    Pages 199-223

  14. The Predatory State: Haiti and the Dominican Republic

    • Hans C. Blomqvist, Mats Lundahl
    Pages 224-242

  15. From the Perfect Economy to the Predatory State: The Internal Logic of Distortions

    • Hans C. Blomqvist, Mats Lundahl
    Pages 243-247

  16. Back Matter

    Pages 248-252
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Keywords

About this book

An economy does not always work according to idealized textbook models. Frequently, economic systems are subject to wide-ranging distortions and require remedy via subsidy and taxes to restore their social optimum. In The Distorted Economy, Hans C. Blomqvist and Mats Lundahl describe how to tackle the various distortions on goods and factor markets and apply their analytic framework to several case studies such as the trade policy of developing countries, apartheid in South Africa and socialist planned economies. The authors offer an important and timely analysis of the cause, effect and resolution of distortions in the economy.

Authors and Affiliations

  • Swedish School of Economics and Business Administration, Finland

    Hans C. Blomqvist

  • Stockholm School of Economics, Sweden

    Mats Lundahl

About the authors

HANS C. BLOMQVIST is Professor of Economics at the Swedish School of Economics and Business Administration in Vasa, Finland. He has published several books and a large number of articles in international journals.

MATS LUNDAHL is Lecturer at the Stockholm School of Economics.

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