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2016 | OriginalPaper | Chapter

3. Taking a Public Policy Theoretical Approach

Author : J. J. Woo

Published in: Business and Politics in Asia's Key Financial Centres

Publisher: Springer Singapore

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Abstract

As cities vie to become top financial centres and policy-makers seek to establish the conditions and factors necessary for the establishment of a successful financial services sector, there is an increasing need to take a policy-oriented approach to understanding IFC development. Furthermore, policies associated with IFC development are often enmeshed within an overarching financial policy subsystem with its inherent sociopolitical institutions, norms and logic. Drawing from the policy subsystems and policy instruments approaches, this chapter provides an integrative framework of analysis in the form of the nested instrumental approach. This framework addresses both the policy and politics of IFC development, in the process embedding policy mix design within the sociopolitical context of the policy subsystem configuration.

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Title: Taking a Public Policy Theoretical Approach
Author: J. J. Woo
Publisher: Springer Singapore
Book: Business and Politics in Asia's Key Financial Centres
Print ISBN: 978-981-287-983-7

Electronic ISBN: 978-981-287-985-1

Copyright Year: 2016
DOI: https://doi.org/10.1007/978-981-287-985-1_3