2003Unpublished venueRequires access

The provision of global public goods

Willem Molle

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Abstract

The good functioning of the economy is dependent on the quality of its institutions. The previous chapters have illustrated this with a number of examples. They have also made clear that the global institutional system has been able to find solutions to a number of problems, while leaving unsolved a number of others. It triggers the question why some things have worked out fine, while others have not. In other words: ‘Which conditions need to be fulfilled to make institutional solutions effective?’

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What this paper is about

The good functioning of the economy is dependent on the quality of its institutions. The previous chapters have illustrated this with a number of examples. They have also made clear that the global institutional system has been able to find solutions to a number of problems, while leaving unsolved a number of others. It triggers the question why some things have worked out fine, while others have not. In other words: ‘Which conditions need to be fulfilled to make institutional solutions effective?’

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Available abstract

The good functioning of the economy is dependent on the quality of its institutions. The previous chapters have illustrated this with a number of examples. They have also made clear that the global institutional system has been able to find solutions to a number of problems, while leaving unsolved a number of others. It triggers the question why some things have worked out fine, while others have not. In other words: ‘Which conditions need to be fulfilled to make institutional solutions effective?’

Key concepts: Public good, Business, Economics, Microeconomics

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