The nation's $200 billion public assistance system is a fragmented array of policies, programs, and organizations that often serves its clients poorly. In this book, experts from universities and think tanks and practitioners from all levels of government analyze serious coordination problems in the system. Cutting through the plethora of agency programs and regulations, these authorities offer practical reforms to make the system more effective, accountable, and efficient. They provide widely sought recommendations that will be useful to managers, students, scholars, experts,...

An increasing amount of attention has been focused on the employment effect of governmental regulation. Controversy over the implementation and impacts of governmental rules are now central to current public policy debates relating to employment and labor markets. A new policy framework for regulation is needed to make the regulatory decision-making process more responsive to the requirements for economic growth and to the employment effects of regulation. The President and Congress need to provide effective oversight of the process, from the perspective of both a single regulation and a...

One of the key constraints to accelerated economic performance in developing countries is, in the authors' view, the absence of strong, dynamic financial systems. Many, if not most, developing countries suffer from repressed financial systems. Thus the most important step in effecting the development of capital markets is to lay a foundation of sound macroeconomic and regulatory policies conducive to financial sector development. This book presents an approach to financial sector reform composed of financial sector diagnosis, policy and institutional targeting, macroeconomic reforms, bank...