Abstract
The study of policy instruments or ‘tools of government’ is critical for our understanding of the power of the executive and the overall character of the state over time. Tools are informal institutions. The choice of policy tool or instrument is therefore not a matter of a functional or instrumental choice of the ‘best tool for the job’, rather what constitutes the ‘best tool’ is inherently about political values and conflicts. Simultaneously, however, the implicit assumptions and formal provisions that are associated with particular policy tool mixes invariably shape the setting of politics.
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