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III. Path to Semi-peripheral Welfarism
III. Path to Semi-peripheral Welfarism

... program and neoliberalism before accessing to power, showed no hesitation in adopting neoliberal policies after taking office. II. Fordism and Welfare State First remarque; the expression “relatively well-defined concept of welfare state” that we have used above do not exclude the different types o ...
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PDF

... in ¢gure 1. Three major streams (depicted as the three columns in ¢gure 1) are identi¢ed. First, there are the classical and neoclassical theories of international trade, referred to as `traditional trade theories'. The most prominent model of this stream is the neoclassical Heckscher^Ohlin model. D ...
NBER WORKING PAPER SERIES Mihir A. Desai C. Fritz Foley
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... sample of countries in the 1980s and 1990s: higher outbound FDI is associated with lower domestic investment. The cross-country evidence presented in Table 1 describes the determinants of aggregate investment patterns for entire countries; the analysis is not restricted to estimating investment dema ...
Monetary Exchange as an Extra-Linguistic Social Communication
Monetary Exchange as an Extra-Linguistic Social Communication

... exist in any accessible form. This links very nicely to Hayek's (1948) later work on the role prices play as conveyors of knowledge.' For Hayek, the importance of having a system of money prices is that the acts of exchange that underlie it allow market actors to communicate their preferences in a c ...
Non Tariff Trade Barriers
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... The change in the quantity of exports can be thought of in two ways reflected by points C and C’ in panel b. If we measure Home price PW on the vertical axis, C is on the original Home export supply curve, showing a movement along the curve. ...
International trade with intermediate and final goods
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... enable the use of absolute and comparative advantages of different regions or countries. Consequently, the dominating share of international trade is two-ways flows of intermediate goods. It is noticeable if comparing the value of exports of final goods with the value of exports of intermediaries. T ...
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... will, but that is not included in the covering rule-models. Furthermore, in line with models of natural science empiricist peace research thrives to models that explain maximum share of variation and thus its optimum could be seen as a model that is fully deterministic. The problem with such determi ...
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... distribution of FDI inflows in the region. Majority of the FDI inflows in Africa is allocated in North Africa, followed by Western Africa. While the share of FDI inflows of Southern African region is fluctuating, the shares of Eastern and Central African regions have also been either stagnant or dec ...
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Latin America and the Caribbean in the World Economy

... is acting as a drag on export growth in developing countries. It is also thought that developing countries could already be growing at close to their potential, while international financial conditions are worsening and commodity prices, with the exception of oil, are stabilizing. A slight decelerat ...
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... stark contrast to ‘economic man’, lives a fuller life, acting responsively and responsibly. This article lays out the need for such a rich image; suggests applications to the environment, carework and business management; and addresses some possible drawbacks. ...
Lesson 8 Economics of Trade
Lesson 8 Economics of Trade

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... will, but that is not included in the covering rule-models. Furthermore, in line with models of natural science empiricist peace research thrives to models that explain maximum share of variation and thus its optimum could be seen as a model that is fully deterministic. The problem with such determi ...
Energy Prices, Growth, and the Channels in Between: Theory and
Energy Prices, Growth, and the Channels in Between: Theory and

... The recent surge in fuel prices has given rise to concerns about the long-term growth prospects of the world economy. Developments in the last decades seem to show that high energy prices have a negative impact on economic dynamics. The oil price jumps of 197374, 1978-80, 1989-90 and 2004-08 were al ...
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Development economics



Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels.Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as inter-temporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. Also unlike many other fields of economics, there is no consensus on what students should know. Different approaches may consider the factors that contribute to economic convergence or non-convergence across households, regions, and countries.
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