Salvador Espinosa – författare

A comprehensive explanation of information institutions as they relate to the success of subnational capital markets Global trends in decentralization and the growing role of world cities have increased the importance of infrastructure development. But with competing incentives of suppliers and borrowers of capital in the web of institutional governance arrangements, information problems are inevitable. Understanding how local choices affect these larger trends can help national and city actors not just avoid being paralyzed by information problems, but actually improve information resolution. In this book Christine R. Martell, Tima Moldogaziev, Salvador Espinosa argue that capital markets are a viable financing alternative for subnational borrowers. They explain how subnational governments can manage their fiscal and debt choices to leverage capital markets to finance efficient, effective, and equitable infrastructure provision. The book builds on previous work by exploring the role of information institutions as they relate to the success of subnational capital markets and by advancing options for subnational government to gain agency as active market participants. With broad geographic coverage, Information Resolution and Subnational Capital Markets answers core questions: How does information permeate the landscape and outcomes of subnational government borrowing, both at the aggregate national level and at the city level? What measures and mechanisms can national and subnational governments take to resolve information problems? And, what can cities do to enhance their agency vis-à-vis central governments and capital market actors, so that they can command a voice in managing internal and external sources of capital financing?

A comprehensive explanation of information institutions as they relate to the success of subnational capital marketsGlobal trends in decentralization and the growing role of world cities have increased the importance of infrastructure development. But with competing incentives of suppliers and borrowers of capital in the web of institutional governance arrangements, information problems are inevitable. Understanding how local choices affect these larger trends can help national and city actors not just avoid being paralyzed by information problems, but actually improve information resolution.In this book Christine R. Martell, Tima Moldogaziev, Salvador Espinosa argue that capital markets are a viable financing alternative for subnational borrowers. They explain how subnational governments can manage their fiscal and debt choices to leverage capital markets to finance efficient, effective, and equitable infrastructure provision. The book builds on previous work by exploring the role of information institutions as they relate to the success of subnational capital markets and by advancing options for subnational government to gain agency as active market participants.With broad geographic coverage, Information Resolution and Subnational Capital Markets answers core questions: How does information permeate the landscape and outcomes of subnational government borrowing, both at the aggregate national level and at the city level? What measures and mechanisms can national and subnational governments take to resolve information problems? And, what can cities do to enhance their agency vis-à-vis central governments and capital market actors, so that they can command a voice in managing internal and external sources of capital financing?

A comprehensive explanation of information institutions as they relate to the success of subnational capital marketsGlobal trends in decentralization and the growing role of world cities have increased the importance of infrastructure development. But with competing incentives of suppliers and borrowers of capital in the web of institutional governance arrangements, information problems are inevitable. Understanding how local choices affect these larger trends can help national and city actors not just avoid being paralyzed by information problems, but actually improve information resolution.In this book Christine R. Martell, Tima Moldogaziev, Salvador Espinosa argue that capital markets are a viable financing alternative for subnational borrowers. They explain how subnational governments can manage their fiscal and debt choices to leverage capital markets to finance efficient, effective, and equitable infrastructure provision. The book builds on previous work by exploring the role of information institutions as they relate to the success of subnational capital markets and by advancing options for subnational government to gain agency as active market participants.With broad geographic coverage, Information Resolution and Subnational Capital Markets answers core questions: How does information permeate the landscape and outcomes of subnational government borrowing, both at the aggregate national level and at the city level? What measures and mechanisms can national and subnational governments take to resolve information problems? And, what can cities do to enhance their agency vis-à-vis central governments and capital market actors, so that they can command a voice in managing internal and external sources of capital financing?

Studying compliance to uncover whether compliance is occurring, and what motivates it, is central to the broader study of governance. Contextualizing Compliance in the Public Sector: Individual Motivations, Social Processes and Institutional Design develops an interdisciplinary approach for answering a classic and essential question in any rule-governed context: What factors influence the decision of an individual or organization to comply (or not) with governing rules? Analyzing compliance from an interdisciplinary and multi-level perspective, this book examines the question of what motivates compliance in the context of salient policy issues, such as energy policy, water governance, police profiling, and drug policy, among others. The book brings together an interdisciplinary group of experts who explore the psychological, social, and institutional factors that shape compliance with formal rules embodied in laws and regulations and/or informal rules embodied in social norms. In doing so, they offer a platform for assessing individual compliance, compliance by or in the context of groups, and compliance on a systemic or societal level.Contextualizing Compliance in the Public Sector: Individual Motivations, Social Processes and Institutional Designis an excellent resource for researchers and scholars of public administration and public policy conducting research on compliance, rules, behavior, and policy outcomes.

Studying compliance to uncover whether compliance is occurring, and what motivates it, is central to the broader study of governance. Contextualizing Compliance in the Public Sector: Individual Motivations, Social Processes and Institutional Design develops an interdisciplinary approach for answering a classic and essential question in any rule-governed context: What factors influence the decision of an individual or organization to comply (or not) with governing rules? Analyzing compliance from an interdisciplinary and multi-level perspective, this book examines the question of what motivates compliance in the context of salient policy issues, such as energy policy, water governance, police profiling, and drug policy, among others. The book brings together an interdisciplinary group of experts who explore the psychological, social, and institutional factors that shape compliance with formal rules embodied in laws and regulations and/or informal rules embodied in social norms. In doing so, they offer a platform for assessing individual compliance, compliance by or in the context of groups, and compliance on a systemic or societal level.Contextualizing Compliance in the Public Sector: Individual Motivations, Social Processes and Institutional Designis an excellent resource for researchers and scholars of public administration and public policy conducting research on compliance, rules, behavior, and policy outcomes.