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`Secular Stagnation` meets Piketty`s capitalism in the 21st century
... policymakers for some time, in particular in Europe. Indeed, there is still a serious risk that anaemic growth could become the new, dismal normal of the euro area. Over and above the implications for economic welfare and social cohesion, such an outcome would obviously also impose a major strain on ...
... policymakers for some time, in particular in Europe. Indeed, there is still a serious risk that anaemic growth could become the new, dismal normal of the euro area. Over and above the implications for economic welfare and social cohesion, such an outcome would obviously also impose a major strain on ...
Lecture-31
... All countries gain from free trade and investment regional economic integration aims to exploit the gains from free trade and investment; Trade theories, +sum game, Linking countries together, making them more dependent on each other; creates incentives for political cooperation and reduces the li ...
... All countries gain from free trade and investment regional economic integration aims to exploit the gains from free trade and investment; Trade theories, +sum game, Linking countries together, making them more dependent on each other; creates incentives for political cooperation and reduces the li ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... theory we do not know what facts to collect. Some explorers of economic growth feel that they know with certainty the nature of the determinants of economic growth and need to investigate only the relative importance of each and the relationships among them. As suggested below, I think they are wron ...
... theory we do not know what facts to collect. Some explorers of economic growth feel that they know with certainty the nature of the determinants of economic growth and need to investigate only the relative importance of each and the relationships among them. As suggested below, I think they are wron ...
END OF SOCIOLOGICAL THEORY
... Turner and Turner (1990) show that one result of this proliferation of research was that for the first time in the history of the discipline researcher of the quantitative sort typically knew little "theory" and had few "theoretical" ambitions. Students in large "research shops", they note, "receive ...
... Turner and Turner (1990) show that one result of this proliferation of research was that for the first time in the history of the discipline researcher of the quantitative sort typically knew little "theory" and had few "theoretical" ambitions. Students in large "research shops", they note, "receive ...
EVOLUTION
... Entrepreneurs offer solution of the grave unemployment problem confronting the economy. Entrepreneurs firstly generate self employment and secondly be employing others in their enterprise , solve unemployment problem of others. Small scale units need less investment and absorb a large number of unem ...
... Entrepreneurs offer solution of the grave unemployment problem confronting the economy. Entrepreneurs firstly generate self employment and secondly be employing others in their enterprise , solve unemployment problem of others. Small scale units need less investment and absorb a large number of unem ...
Lewis_China_conference_2012_slides
... Learning how and what (‘institutions’) to ‘import’ Observing to ‘catch up’? Growth can reduce poverty, but only development delivers equity OR the market can reduce poverty but only the state delivers equity? • Leaving the last word to Marshall: democracy <> citizenship <> welfare <> capitalism = eq ...
... Learning how and what (‘institutions’) to ‘import’ Observing to ‘catch up’? Growth can reduce poverty, but only development delivers equity OR the market can reduce poverty but only the state delivers equity? • Leaving the last word to Marshall: democracy <> citizenship <> welfare <> capitalism = eq ...
PDF
... regime are those in which Indonesia's comparative advantage is least. Overcoming the rent seeking behavior of these least globally competitive (import competing) industries has proven to be politically difficult. 16 Despite continued commercial policy distortions, the Indonesian government has place ...
... regime are those in which Indonesia's comparative advantage is least. Overcoming the rent seeking behavior of these least globally competitive (import competing) industries has proven to be politically difficult. 16 Despite continued commercial policy distortions, the Indonesian government has place ...
Social Change
... accurate assumptions of trends in American society. Major social institutions would continue to exist. Human nature would remain the same. Equality and the trend toward centralized government would continue. The availability of material resources limits and directs social change. ...
... accurate assumptions of trends in American society. Major social institutions would continue to exist. Human nature would remain the same. Equality and the trend toward centralized government would continue. The availability of material resources limits and directs social change. ...