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John Gowdy CV 2-5-08 - Rensselaer Polytechnic Institute
John Gowdy CV 2-5-08 - Rensselaer Polytechnic Institute

... Professor Clem Tisdell. _____. “Trade and Environmental Sustainability: An Evolutionary Perspective,” Review of Social Economy 53 (4), 493-510, December 1995. _____ and Carl McDaniel. “One World, One Experiment: Addressing the Biology-Economics Conflict,” Ecological Economics 15, 181-192, December 1 ...
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH

... Discussions on foreign capital and growth originate from pre-classical views. Basically the issue of foreign capital originated from the mercentalist investment-trade mechanism which was enhanced through protection of domestic producers and making exports competitive. In spite of the rise in saving ...
The Legacy of Luigi Einaudi and Wilhe lm Roepke William F
The Legacy of Luigi Einaudi and Wilhe lm Roepke William F

... promote the market, then it becomes difficult to defend the market against the self-interest of groups and rent-seekers. People can occasionally learn their economic lessons only too well. Perhaps the most significant controversy with which both Einaudi and Roepke were identified was their dispute w ...
Chile`s Position in the Global Obesity Conflict
Chile`s Position in the Global Obesity Conflict

... Chile’s economic policy was built around the concept of Forced Import Substitution3. A stark contrast to the rising Pinochet’s economic philosophy, this concept encouraged high taxes on imported goods in order to stimulate and maintain industrial growth within Chile itself. This concept also contras ...
iv. major sectors
iv. major sectors

... exchange earner is evidenced by its continued emphasis on the marketing and promotion of the sector as well as the allocation of resources towards the development of tourism related infrastructure. The Barbados Tourism Authority (BTA), as mandated under the Barbados Tourism Authority Act CAP. 342, c ...
Schelkle , Waltraud (2002) 'Disciplining Device or Insurance Arrangement? Two Approaches to the Political Economy of EMU Policy Coordination', EI WP 2002-01 (December)
Schelkle , Waltraud (2002) 'Disciplining Device or Insurance Arrangement? Two Approaches to the Political Economy of EMU Policy Coordination', EI WP 2002-01 (December)

... convention on a future European constitution. At the end of November, the monetary and financial affairs Commissioner Pedro Solbes suggested some fundamental reforms, such as differentiating between countries with high and low levels of public debt. This row indicates that the institutionalisation o ...
Predicting Federal Reserve Policy
Predicting Federal Reserve Policy

... business and consumer spending. Aggregate spending levels affect inflation, unemployment, and output growth. In addition, changes in interest rates also affect stock market growth, which in turn can affect consumer and business spending. ...
If, When, How: A Primer on Fiscal Stimulus
If, When, How: A Primer on Fiscal Stimulus

... cut amounting to about $70 billion in today’s economy, distributed in the third quarter to households that are likely to spend much of their extra income, would boost the level of GDP by 0.5 percent during the third quarter and 0.6 percent in the fourth quarter. Thus, true fiscal stimulus implemente ...
Title Tales of Expansionary Fiscal Contractions in Two European
Title Tales of Expansionary Fiscal Contractions in Two European

... Blanchard (1985), Sutherland examines a change in the time profile of taxation. However, there are important differences between the change in the time profile of taxation specified by Sutherland and that specified by Blanchard (1985). In the Blanchard model the tax changes are small, known, and off ...
Monopoly Innovation and Welfare Effects - Economics E
Monopoly Innovation and Welfare Effects - Economics E

... more important than monopoly power. He suggested that works involving a longrun equilibrium framework in analyzing monopoly often failed to include any neutral or socially beneficial interpretation of monopoly. Friedland (1978) estimated the welfare gains from economy-wide demonopolization in a gen ...
Economic Watch - BBVA Research
Economic Watch - BBVA Research

... public-sector demand has positive external effects, triggering other additional mechanisms that end up using idle production capacity and increasing private-sector demand. Why does it matter whether the multiplier is higher or lower? If the multiplier is very high, the negative effects of fiscal aus ...
The Canadian Labour Congress - Studies in Political Economy
The Canadian Labour Congress - Studies in Political Economy

... their members, it cannot afford the purely oppositional stance implied by the mobilization strategy. The Sixties: The CLC Defends Continentalism In contrast to the CLC's later embrace of nationalism, the Congress's economic platform of the sixties was resolutely liberal, a liberalism that was reflec ...
Professor Nicholas M. ODHIAMBO, PhD Department of Economics
Professor Nicholas M. ODHIAMBO, PhD Department of Economics

... The relationship between tourism and economic growth has been empirically examined in many countries, with conflicting results. To date, three views exist on the causal relationship between tourism and economic growth. The first and most dominant view posits that tourism is important and leads to ec ...
Measuring the Relationship between Freedom and Prosperity
Measuring the Relationship between Freedom and Prosperity

... make use of the knowledge as a datum in forming his own plans . . . The state controlling weights and measures (or preventing fraud and deception in any other way) is certainly [observing liberal principles].”1 In this regard, the state’s coercive power is limited by pre-established rules and theref ...
agricultural economics
agricultural economics

... consist of eminent professors and researchers of relevant fields from public and private sector universities, R&D organizations, councils, industry and civil society by seeking nominations from their organizations. In order to impart quality education which is at par with international standards, HE ...
Impact Of Government Expenditure On Gross Domestic Product In
Impact Of Government Expenditure On Gross Domestic Product In

... expenditures and gross domestic product. Results were presented in tables, line graphs and bar graphs. An observation was made which implied under 5% level of significance, the regression model is overall statistically significant, deducing that it is a suitable prediction model for explaining how g ...
Final Remarks
Final Remarks

... considerable reserves of productive capacity exist or because it may not require a very large investment to increase that capacity. On the other hand, the supply of food may be fairly rigid. This will depend on the fact that under the conditions prevailing in underdeveloped countries food production ...
State Economic Activity: A Dynamic Factor Modeling Approach
State Economic Activity: A Dynamic Factor Modeling Approach

... The objective of this study is to develop an index, which captures a state’s economic performance accurately. One way to increase the accuracy of an index is to include information from all major sectors of a state economy such as labor market, housing sector, consumers, and etc. Therefore, we try t ...
Remarks by Governor Ben S. Bernanke At the meetings of the
Remarks by Governor Ben S. Bernanke At the meetings of the

... reduced variability of economic shocks. Of course, more complicated scenarios in which policy becomes more effective and the underlying economic environment becomes more stable are possible and indeed likely. With this bit of theory as background, I will focus on two key points. First, without claim ...
Understanding Reform Process in Kenya
Understanding Reform Process in Kenya

... especially because of the vested interest groups such as the inner cabinet, which feared loss of political patronage and power bases with the changes. Resistance to reform and policy reversals can be attributed to limited consultation and consensus building with key stakeholders in the design and im ...
View/Open
View/Open

... and the Netherlands. In 1973, three (3) other European countries joined the group; these were the United Kingdom, Denmark and Ireland. In Yaounde, Cameroon, in 1963, the first formal arrangement between the EEC and ACP countries was signed.2 This Convention secured preferential access to the EEC for ...
S2012029_en.pdf
S2012029_en.pdf

... crisis and the lost decade of the 1980s: fiscal restraint with an emphasis on slashing social spending and public investment. In contrast to that paradigm, which swept across Latin America during the debt crisis and is doing so now in Europe, what is put forward herein is the importance of strengthe ...
Working Paper 160 - Infrastructure Investment and Economic Growth
Working Paper 160 - Infrastructure Investment and Economic Growth

... improves the competitiveness of the private businesses. For instance, the latest enlargement of the European Union highlighted the importance of bridging the infrastructure gap between the old and the new member states. It is argued that without the creation of good basic infrastructure in the new m ...
Chandika Gunasinghe
Chandika Gunasinghe

... expenditure is financed by increasing direct taxes. Muineolo-Gallo and Roca-Sagales (2011) conclude that the only fiscal policy that helps policy makers to resolve this confrontation is the public investment. The reason is that, irrespective how it is financed (by increasing either direct or indire ...
Some lessons from the financial crisis for the economic analysis
Some lessons from the financial crisis for the economic analysis

... 1 This paper has benefited from discussions with a large number of colleagues within the European Central Bank (ECB) and the Eurosystem. We have received substantial contributions and input from ECB staff in DG-Economics, DG-Research and DG-Statistics, especially K. Christoffel, M. Ciccarelli, G. De ...
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Economics of fascism

The economics of fascism refers to the economic policies implemented by fascist governments.Historians and other scholars disagree on the question of whether a specifically fascist type of economic policies can be said to exist. Baker argues that there is an identifiable economic system in fascism that is distinct from those advocated by other ideologies, comprising essential characteristics that fascist nations shared. Payne, Paxton, Sternhell, et al. argue that while fascist economies share some similarities, there is no distinctive form of fascist economic organization. Feldman and Mason argue that fascism is distinguished by an absence of coherent economic ideology and an absence of serious economic thinking. They state that the decisions taken by fascist leaders can not be explained within a logical economic framework.
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