The sixth volume of the Journal of Government and Economics (JGE) was released in summer 2022, with articles exploring a variety of topics in the field. Lord Nicholas Stern discusses how governments and markets should work together to address key challenges in building a carbon-neutral economy. Cheryl Xiaoning Long, Lixin Colin Xu, and Jin Yang document how China's business environment, entrepreneurs, and local government roles evolved during two crucial decades of transition from 1990-2010. Georgios Karras and Michael C.-Y. Yang show the relationships among different versions of automatic stabilizers and investigate how closely each version is related to actual business cycle volatility. Michael Donadelli, Ivan Gufler, Renatas Kizys, and Marcella Lucchetta examine the effectiveness of non-pharmaceutical government interventions against COVID-19. Finally, in a special issue in memory of Janos Kornai, András Simonovits analyzes pension policy in an autocracy, using contemporary Hungary as context. As always, all articles are open access and can be found through the links below.
Towards a carbon neutral economy: How government should respond to market failures and market absence
Nicholas Stern
The government, private firms, and dual-track private sector development: China's experience in two crucial decades
Cheryl Xiaoning Long, Lixin Colin Xu, Jin Yang
Fiscal policy in the 21st century: Evidence on automatic stabilizers in the European union
Georgios Karras, Michael C.-Y. Yang
Variability and strictness in COVID-19 government response: A macro-regional assessment
Michael Donadelli, Ivan Gufler, Renatas Kizys, Marcella Lucchetta
Pension policy in autocracy: The case of Hungary
András Simonovits