Dealing with Losers: The Political Economy of Policy Transitions

Dealing with Losers addresses the transition costs associated with most policy reforms and strategies for mitigating those costs in order to facilitate the necessary political compromises to ensure that socially desirable reforms move forward. This book examines widely disparate public policy contexts - from trade liberalization to agricultural supply management, immigration, and climate change policy - toillustrate the importance, in political economy terms, of well-considered transition cost mitigation strategies.