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- Wiley Online Library
- Wiley Online Library

... who “do not maximize social welfare and instead pursue their own selfish objectives” (Shleifer and Vishny 1998, 4). The emergence of “big government” over the postwar period, with higher taxes and spending and more invasive regulation, is often identified as a major cause of corruption (Tanzi 2000, 10 ...
ipesp09-5-5tue-globalization
ipesp09-5-5tue-globalization

... produces high economic growth is far more effective in achieving integration with the world economy than a purely integrationist strategy that relies on openness to work its magic. In other words, the globalizers have it exactly backwards. Integration is the result, not the cause, of economic and so ...
- Munich Personal RePEc Archive
- Munich Personal RePEc Archive

... moral hazard problems, contract enforcement costs, and higher transactions costs”. There are other channels through which financial development may increase income inequality. For example, Dollar and Kraay (2002), Behrman et al. (2003) and Beck et al. (2004) argue that in the early stages of financi ...
Corruption and the shadow economy: like oil and vinegar, like water
Corruption and the shadow economy: like oil and vinegar, like water

... Author's personal copy Corruption and the shadow economy: like oil and vinegar ...
National Fiscal Policy and Local Government during the Economic
National Fiscal Policy and Local Government during the Economic

... policy approach to economic cycles is that government policy should be counter-cyclical rather than pro-cyclical in that it should push against rather than re-enforce economic trends. Clemens and Miran (2011, p. 2) summarize the conventional view when they state, “It is difficult to rationalize pro- ...
Eurasian Union: a Challenge for the European Union and Eastern
Eurasian Union: a Challenge for the European Union and Eastern

... Introduction: the Eurasian Economic Union Security Treaty Organisation (CSTO) and the economic Customs Union (CU) of Russia, Belarus and – a parallel European integration? Kazakhstan. The logic of “multi-speed” integration Following the dissolution of the Union of Soviet can be summarised as follow ...
Shadow Economies all over the World: New Estimates for 162
Shadow Economies all over the World: New Estimates for 162

... As shadow economic activities are facts of life around the world, most societies attempt to control these activities through various measures like punishment, prosecution, economic growth or education. To gather information about the extent of the shadow economy or who is engaged in underground acti ...
DRAFT A Review of High School Economics Textbooks
DRAFT A Review of High School Economics Textbooks

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Keynes Good - Open Evidence Archive
Keynes Good - Open Evidence Archive

... Others have argued for governmental policy to provide fiscal stimulus, which can involve tax cuts, government spending increases, or both. During debates that preceded enactment of ARRA in February 2009, a wide range of experts—including economists who generally differ in their economic policy views ...
UAE Goes Global
UAE Goes Global

... was used to fund the major modernization efforts that facilitated trade and attracted international companies seeking to establish a presence in the MENA and GCC regions. Another part of the re-calibration included re-conceptualizing the tribal social structure using the notion of citizenship as a w ...
Economic Stagnation and Stable Growth: The Persistence and
Economic Stagnation and Stable Growth: The Persistence and

... under different economic growth regimes. Modernisation theory implies that political democratisation is more efficient and sustainable for rich nations, whereas institutional primacy theory shows the need for institutional change in poor nations. However, neither of these theories explicitly determi ...
Country Report - WordPress.com
Country Report - WordPress.com

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Biographical Information Curriculum Vitae of Willem H. Buiter General

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National Accounts on the Economic Crisis in Slovenia
National Accounts on the Economic Crisis in Slovenia

... The latest economic crisis, the largest after the Great Depression in the first half of the 20th century, had an impact on all world economies, Slovenia’s included. It was detected in various areas of life; it was also detected by statistics. The Statistical Office of the Republic of Slovenia theref ...
Neoliberalism critical reader
Neoliberalism critical reader

... people in every continent in such diverse areas as economics, politics, international relations, ideology, culture and so on. In less than one generation, neoliberalism has become so widespread and influential, and so deeply intermingled with critically important aspects of life, that it can be diff ...
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The wider economic impacts of transport investments

... connections to the European and global markets, which in turn need the availability of the natural resources and products of the Northern regions The economic growth must be environmentally sustainable, too. ...
2007 Economic Outlook - Government of Sint Maarten
2007 Economic Outlook - Government of Sint Maarten

... Maarten prepared by the Department of Economic Policy and Research. The primary goals are to provide an accurate economic overview of the island, performance and projections. St Maarten is at a crossroad, as the island moves even closer towards achieving status aparte. On November 2, 2006, the St Ma ...
Why in the World Are We All Keynesians Again? Executive Summary
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... the wake of a recession was politically infeasible and, even if it could be enacted in a timely fashion, stabilization policy was likely to be ineffective. Alan Blinder, the former vice chairman of the Federal Reserve’s Board of Governors, went so far as to say that “virtually every contemporary dis ...
Policy - International Policy Centre for inclusive Growth
Policy - International Policy Centre for inclusive Growth

... to the effects of targeted anti-poverty policies on market prices, while the other is about the productivity effects of such policies. Both are important but underresearched topics, making this special issue a welcome contribution, accessible to a wide audience. Economics teaches us that there can b ...
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Keynesian Economics Bad

... experience during the early 1990s. In an attempt to restart the Japanese economy, repeated fiscal stimuli were applied. But monetary policy remained "tight," and the economy remained in the doldrums. Prof. Friedman's second example was the U.S. experience during the 1990s. When President Clinton ent ...
FS Nationalising mines in SA A Critical Review
FS Nationalising mines in SA A Critical Review

... matters of State ownership and the exploitation of South Africa natural resources, including gold, will form an important part of the debate on future economic strategy…the outcome will be an argument on ‘mixed’ economic system, with significant emphasis being placed on income distribution and job c ...
Should Regulation Be Countercyclical?
Should Regulation Be Countercyclical?

... own (presumably) rational estimate of the costs and benefits of searching or retraining versus taking a new job at a lower wage. If regulations cause a permanent increase in unemployment, that is just an unfortunate byproduct of structural factors. And even if regulations fail CBAs and are issued no ...
"Grabbing hand" or - LSE Research Online
"Grabbing hand" or - LSE Research Online

... of spending and regulatory programs can be a potent corruption-reducing strategy’ (1999: 42), although she is cautious enough to warn that such changes can worsen the problem under certain conditions (see in particular Rose-Ackerman 2000). Ades and di Tella advocate an ‘economist’s approach’ to the ...
International College of Economics and Finance
International College of Economics and Finance

... primary emphasis on the nature and functions of factor markets, and includes the study of factor markets and of the role of government in promoting greater efficiency and equity in the economy. The methods: The following methods and forms of study are used in the course: - lectures (2 hours a week) ...
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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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