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Aalborg Universitet Social Compacts in Regional and Global Perspective Schmidt, Johannes Dragsbæk
Aalborg Universitet Social Compacts in Regional and Global Perspective Schmidt, Johannes Dragsbæk

... up in complex processes of social and political intermediation involving values, identities, and social bonds, all located in particular time/space contexts” (Cerny 1999, 189). Whereas governance can be defined simply as organizing collective action, or in the instrumental sense it entails the estab ...
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... variables differ, leading to a variety of possible outcomes. Countries can either join existing agreements or form alternative arrangements with other partners, each depending on whether exports or foreign direct investment are the primary concern. First, states will be concerned with loss of compet ...
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... the non-functional régulation effect introduced in the preceding) makes possible mutual transfer of debts between the economical and the political while defining the boundary of each order. As shown in the above, there are a great number of different economic analyses based on “régulation.” We will ...
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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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