Prof. Eytan Sheshinski
... perspective. The first one is related to the increase in aggregate surplus by increasing output and lowering prices (allocative efficiency), as well as through a more efficient use of resources within the firm (productive efficiency). The second has to do with the creation of well-functioning market ...
... perspective. The first one is related to the increase in aggregate surplus by increasing output and lowering prices (allocative efficiency), as well as through a more efficient use of resources within the firm (productive efficiency). The second has to do with the creation of well-functioning market ...
PEEP A
... Universal Service obligations, while the rest of the sectors are still lagging behind, with no clear policy. It is therefore common to find PEs with dual mandates, or tasked with carrying out both commercial and non-commercial activities. PEs are treated as arms of government therefore required ...
... Universal Service obligations, while the rest of the sectors are still lagging behind, with no clear policy. It is therefore common to find PEs with dual mandates, or tasked with carrying out both commercial and non-commercial activities. PEs are treated as arms of government therefore required ...
PolicyAnalysis E The Dead Hand of Socialism State Ownership in the Arab World
... not identical—the share of public ownership is a stock, and government investment is a flow. Yet, other things being equal, the larger the share of government investment over time, the larger the share of state-owned enterprises in the economy.5 Figure 1 presents data on the relative size of governm ...
... not identical—the share of public ownership is a stock, and government investment is a flow. Yet, other things being equal, the larger the share of government investment over time, the larger the share of state-owned enterprises in the economy.5 Figure 1 presents data on the relative size of governm ...
Contemporary Capitalism
... capitalist mode of production; identify new patterns and features of the production, appropriation and distribution of value; and indicate other qualities of social relations and class struggles that appear to be more conjunctural and spatially-bounded. This is what Mandel has referred to as a “syn ...
... capitalist mode of production; identify new patterns and features of the production, appropriation and distribution of value; and indicate other qualities of social relations and class struggles that appear to be more conjunctural and spatially-bounded. This is what Mandel has referred to as a “syn ...
Janusz J. Tomidajewicz: Privatization issues in Central Europen
... Poland all money supply of the population and individuals of the unnationalized economy constituted c 10.7 % value of the production wealth of the nationalized economy. However donating even an entire onemonth workers' pay to the repurchase of shares in privatized enterprises annually, would require ...
... Poland all money supply of the population and individuals of the unnationalized economy constituted c 10.7 % value of the production wealth of the nationalized economy. However donating even an entire onemonth workers' pay to the repurchase of shares in privatized enterprises annually, would require ...
The Future of the Capitalist State
... the prevailing social norms of consumption and thereby reproduce their labour-power so that it can be sold once more.2 In this way the wage serves as a cost of production (for all capitals), a means of selfreproduction (for labour) and a source of demand (in the first instance, for those capitals th ...
... the prevailing social norms of consumption and thereby reproduce their labour-power so that it can be sold once more.2 In this way the wage serves as a cost of production (for all capitals), a means of selfreproduction (for labour) and a source of demand (in the first instance, for those capitals th ...
here - Kornai János
... biological world, shortage (e.g., shortage of food, water, and sunshine) can induce the spread of mutations, facilitating the Darwinian biological evolution process. On the one hand, shortage is created by competition among biological agents, such as plants and animals. On the other hand, biological ...
... biological world, shortage (e.g., shortage of food, water, and sunshine) can induce the spread of mutations, facilitating the Darwinian biological evolution process. On the one hand, shortage is created by competition among biological agents, such as plants and animals. On the other hand, biological ...
Privatization and Nationalization Cycles
... royalties, the probability that …rms may earn large pro…ts is higher, thereby stimulating government’s incentive for expropriation. By contrast, with income taxes, the volatility of private pro…ts is lower, thus possibly mitigating expropriation risk. However, the variance of the tax revenue stream ...
... royalties, the probability that …rms may earn large pro…ts is higher, thereby stimulating government’s incentive for expropriation. By contrast, with income taxes, the volatility of private pro…ts is lower, thus possibly mitigating expropriation risk. However, the variance of the tax revenue stream ...
PRIVATIZATION IN SLOVENIA Jože Mencinger EIPF and University
... political and economic elites with a new elite. Enthusiasm for speedy privatization could thus only in part be attributed to the faith of the new elite in the supremacy of the capitalist market system; it was also intended to eliminate political and economic competition. The speed of the ...
... political and economic elites with a new elite. Enthusiasm for speedy privatization could thus only in part be attributed to the faith of the new elite in the supremacy of the capitalist market system; it was also intended to eliminate political and economic competition. The speed of the ...
Chapter 1
... To Competitors: that there will be avoidance of every form of unfair competition To Investors: that their rights will be safeguarded and they will be kept so informed that they can exercise their own judgment respecting their interests To the Public: that the business will strive in all its operatio ...
... To Competitors: that there will be avoidance of every form of unfair competition To Investors: that their rights will be safeguarded and they will be kept so informed that they can exercise their own judgment respecting their interests To the Public: that the business will strive in all its operatio ...
The Interrelationship between Economic Development and
... least in modern economies. It shows how the extent of (real) entrepreneurship which tended to decline during the accumulation era was followed by a rise in the creative destruction period from the 1970s onwards. The impact of economic development on business ownership The proportion of the labor for ...
... least in modern economies. It shows how the extent of (real) entrepreneurship which tended to decline during the accumulation era was followed by a rise in the creative destruction period from the 1970s onwards. The impact of economic development on business ownership The proportion of the labor for ...
Marxian Political Economy: Legacy and Renewal
... The third revolution, a financial revolution, occurred in the financial sector or, more accurately, affected the relationship between this sector and the new corporations. The financial sector backed the corporate revolution, in a complex relationship where both support and control were involved. Ru ...
... The third revolution, a financial revolution, occurred in the financial sector or, more accurately, affected the relationship between this sector and the new corporations. The financial sector backed the corporate revolution, in a complex relationship where both support and control were involved. Ru ...
PRS Joint Donor Staff Training (Tirana, Albania, May
... more resources from locally-elected bodies closer to the poor NGOs and CBOs playing an increasingly important role in supporting the poor at the grassroots level and emerging as key players ...
... more resources from locally-elected bodies closer to the poor NGOs and CBOs playing an increasingly important role in supporting the poor at the grassroots level and emerging as key players ...
Geen diatitel
... - By convention no interbank FISIM (resident and non-resident banks). This affects GDP but not GNI as the changes are counterbalanced by the interest flows with the ROW - Results FISIM Task Force; use at least two groups of currencies, no recommendations yet on maturity structure and default risk - ...
... - By convention no interbank FISIM (resident and non-resident banks). This affects GDP but not GNI as the changes are counterbalanced by the interest flows with the ROW - Results FISIM Task Force; use at least two groups of currencies, no recommendations yet on maturity structure and default risk - ...
Unfinished Business
... in Blackpool, is today’s most influential writer on the nature of ownership. For him, notions of ownership are grounded in legal rights and a theory of the firm that defines it as a ‘nexus of contracts’ - emphasising that relationships can be understood to be contractual in nature between owners, em ...
... in Blackpool, is today’s most influential writer on the nature of ownership. For him, notions of ownership are grounded in legal rights and a theory of the firm that defines it as a ‘nexus of contracts’ - emphasising that relationships can be understood to be contractual in nature between owners, em ...
Document
... Healthy trade surplus and foreign reserves Foreign Ownership May purchase or lease if Taiwanese are allowed to in foreigner’s country License required ...
... Healthy trade surplus and foreign reserves Foreign Ownership May purchase or lease if Taiwanese are allowed to in foreigner’s country License required ...
iecon - faculty.rsu.edu
... from the classical Marxian conception of socialism. • The totalitarian political character of state socialism was not part of Marx's vision. ...
... from the classical Marxian conception of socialism. • The totalitarian political character of state socialism was not part of Marx's vision. ...
Socialism: the 20th Century and the 21st Century Dr. Minqi Li
... According to classical Marxism, capitalism is characterized by the basic contradiction between the objective tendency towards socialization of production and the capitalistic system of private appropriation. The contradiction would lead to increasingly irreconcilable class conflicts as well as prog ...
... According to classical Marxism, capitalism is characterized by the basic contradiction between the objective tendency towards socialization of production and the capitalistic system of private appropriation. The contradiction would lead to increasingly irreconcilable class conflicts as well as prog ...
Characteristics of Business - Loudoun County Public Schools
... Threats Customers Economy Government ...
... Threats Customers Economy Government ...
Not Yet Titled
... beliefs, because some of their beliefs are true. It is true that incentives attract investment. It is true that investment spurs growth. Standard research designs following standard notions of scientific method produce proof after specious proof. Left-leaning politicians are commonly called “populis ...
... beliefs, because some of their beliefs are true. It is true that incentives attract investment. It is true that investment spurs growth. Standard research designs following standard notions of scientific method produce proof after specious proof. Left-leaning politicians are commonly called “populis ...
Economy: The Author`s Self-Evaluation
... In rereading the writings of those times, my purpose was not to discover which authors are cited. It was more to read between the lines to determine which ideas inspired the visions. I realize that I am treading on uncertain ground and could offer an inaccurate interpretation. Nonetheless, I will tr ...
... In rereading the writings of those times, my purpose was not to discover which authors are cited. It was more to read between the lines to determine which ideas inspired the visions. I realize that I am treading on uncertain ground and could offer an inaccurate interpretation. Nonetheless, I will tr ...
Intro_to_ENT_3
... – Target a particular niche with one product – Financial issues: those backed by VCs and angels typically get their money in (small) installments – Risks of making irreversible investment: generic, not specialized equipment – hard to establish sustainable competitive advantage. Never buy new… – Care ...
... – Target a particular niche with one product – Financial issues: those backed by VCs and angels typically get their money in (small) installments – Risks of making irreversible investment: generic, not specialized equipment – hard to establish sustainable competitive advantage. Never buy new… – Care ...
Economic Democracy in the 21 st Century
... economic history of mankind since the invention of forged money in the 8th century BC. To be precise, both have already existed in times of slave ownership and feudalism and are no systemic invention of capitalism, which also means that, comparatively, they cannot represent the basis, fundamental ch ...
... economic history of mankind since the invention of forged money in the 8th century BC. To be precise, both have already existed in times of slave ownership and feudalism and are no systemic invention of capitalism, which also means that, comparatively, they cannot represent the basis, fundamental ch ...
Bank Performance, Efficiency and Ownership in Transition Countries
... Govt. banks less efficient than private Foreign-owned banks more efficient than other private banks in same country Presence of international institutional investors (most frequently EBRD) has important impact ...
... Govt. banks less efficient than private Foreign-owned banks more efficient than other private banks in same country Presence of international institutional investors (most frequently EBRD) has important impact ...