Policy Solutions to Agricultural Market Volatility
... Like with all extreme price spikes, a complex web of factors caused the 2006-08 crisis on global food markets. Because the individual factors interact in a highly non-linear and dynamic manner, it is impossible to attribute precise quantitative weights to any one of them. Moreover, the results of co ...
... Like with all extreme price spikes, a complex web of factors caused the 2006-08 crisis on global food markets. Because the individual factors interact in a highly non-linear and dynamic manner, it is impossible to attribute precise quantitative weights to any one of them. Moreover, the results of co ...
Original Intent and the Politics of Republicanism
... The Bork cause, moreover, bore particular relation to the kind of conservatism that became pronounced in the 1970s and 1980s. Neoconservatism led the conservative movement in attack on elites, especially the socalled "New Class" elites associated with liberal colleges and universities, large urban n ...
... The Bork cause, moreover, bore particular relation to the kind of conservatism that became pronounced in the 1970s and 1980s. Neoconservatism led the conservative movement in attack on elites, especially the socalled "New Class" elites associated with liberal colleges and universities, large urban n ...
The Divergent Paths of the East Asian Welfare Regimes: The Effects
... Asian region. Korean and Taiwan cases suggest the role of an authoritarian state in which the state offered social welfare to preempt democratic movement and working class mobilization. The recent democratization around the late 1980s, however, brought a possibility of new political factors on welfa ...
... Asian region. Korean and Taiwan cases suggest the role of an authoritarian state in which the state offered social welfare to preempt democratic movement and working class mobilization. The recent democratization around the late 1980s, however, brought a possibility of new political factors on welfa ...
d050003
... the two, guided by different ideologies and constrained by the initial political and economic conditions, have followed different policies with contrasting results. In pursuit of a quick divorce from its socialist past, a speedy transition to market economy and the eventual ‘integration with Europe’ ...
... the two, guided by different ideologies and constrained by the initial political and economic conditions, have followed different policies with contrasting results. In pursuit of a quick divorce from its socialist past, a speedy transition to market economy and the eventual ‘integration with Europe’ ...
Mecro-Economic Voting: Local Information and Micro
... political choices. Thus, individuals will gather information that will generally provide only an imperfect understanding of aggregate (national) economic conditions. More precisely, information about local economic conditions is the most informative for economic choices, and the easiest to gather t ...
... political choices. Thus, individuals will gather information that will generally provide only an imperfect understanding of aggregate (national) economic conditions. More precisely, information about local economic conditions is the most informative for economic choices, and the easiest to gather t ...
Institutions as the Fundamental Cause of Long-Run Growth
... Although some recent contributions to growth theory emphasize the importance of economic policies, such as taxes, subsidies to research, barriers to technology adoption and human capital policy, they typically do not present an explanation for why there are differences in these policies across countr ...
... Although some recent contributions to growth theory emphasize the importance of economic policies, such as taxes, subsidies to research, barriers to technology adoption and human capital policy, they typically do not present an explanation for why there are differences in these policies across countr ...
The Evaluation of Post-Keynesian Economics
... Key-Words: - Post-Keynesian Economics, Birth of Post-Keynesian Economics, Development of PostKeynesian Economics, Methodology of Post-Keynesian Economics, Current State of Post-Keynesian Economics During the decade ‘80s economic policies began to be pursued that were in line with New Classicals and ...
... Key-Words: - Post-Keynesian Economics, Birth of Post-Keynesian Economics, Development of PostKeynesian Economics, Methodology of Post-Keynesian Economics, Current State of Post-Keynesian Economics During the decade ‘80s economic policies began to be pursued that were in line with New Classicals and ...
Law and Social Capital: Evidence from the Code Napoleon in
... effect, might potentially proxy for the legacy of those changes. I test alternative institutional reform definitions against the Code Civil and find that only the Code Civil has a significant influence on social capital levels today. Historical evidence I will present supports the interpretation tha ...
... effect, might potentially proxy for the legacy of those changes. I test alternative institutional reform definitions against the Code Civil and find that only the Code Civil has a significant influence on social capital levels today. Historical evidence I will present supports the interpretation tha ...
Allianz Risk Barometer Top Business Risks 2017
... the Risk Barometer rankings, occupying third position with 30% of responses, again up year-on-year. Four years ago this peril ranked 15th in the top global risks, with just 6% of responses. Today, the results indicate that cyber risk occupies a significant portion of a company’s exposure map. The ri ...
... the Risk Barometer rankings, occupying third position with 30% of responses, again up year-on-year. Four years ago this peril ranked 15th in the top global risks, with just 6% of responses. Today, the results indicate that cyber risk occupies a significant portion of a company’s exposure map. The ri ...
Economic reform: The unfinished agenda
... There are many important lessons from the financial crisis that are worth bearing in mind in any paper on reform. The crisis has highlighted that it is important to identify and address the right problem at the right time. The way I would stress it is that two wrongs do not make a right. First, it w ...
... There are many important lessons from the financial crisis that are worth bearing in mind in any paper on reform. The crisis has highlighted that it is important to identify and address the right problem at the right time. The way I would stress it is that two wrongs do not make a right. First, it w ...
Are Crises Good for Long-Term Growth? The Role of Political
... the negative outcome of crises. These results appear closely linked to how decisions are made during times of crisis, as evidenced by the fact that higher levels of government constraints (that limit discretionary policy decisions typically linked to vested short-term interests) also have a positive ...
... the negative outcome of crises. These results appear closely linked to how decisions are made during times of crisis, as evidenced by the fact that higher levels of government constraints (that limit discretionary policy decisions typically linked to vested short-term interests) also have a positive ...
as a PDF
... Smith (1776), writing at the outset of the industrial revolution, understood capital very much as his predecessors had done as “circulating capital,” that is, as capital in the form of stock in trade and work in progress. Capital for Smith, as for the mercantilists and physiocrats before him, was c ...
... Smith (1776), writing at the outset of the industrial revolution, understood capital very much as his predecessors had done as “circulating capital,” that is, as capital in the form of stock in trade and work in progress. Capital for Smith, as for the mercantilists and physiocrats before him, was c ...
towards a new strategy - Foundation for European Progressive Studies
... The authors focus on the public perception of the progressive values and popular attitude to the concepts that encompass their realization, such as the welfare state. To answer both concerns and hopes, they propose a new system of participatory benefits. Also Eric SUNSTRÖM demands progressives to ta ...
... The authors focus on the public perception of the progressive values and popular attitude to the concepts that encompass their realization, such as the welfare state. To answer both concerns and hopes, they propose a new system of participatory benefits. Also Eric SUNSTRÖM demands progressives to ta ...
- MIT Press Journals
... These converging cultural changes and worries necessitated an alternative, consensual national identity and ideology. Into this vacuum stepped America’s supposedly unique political and economic system and “way of life” predicated on unparalleled, measurable, and rising abundance. Key business, adver ...
... These converging cultural changes and worries necessitated an alternative, consensual national identity and ideology. Into this vacuum stepped America’s supposedly unique political and economic system and “way of life” predicated on unparalleled, measurable, and rising abundance. Key business, adver ...
Risk, Resilience, and Sustainability
... outcome, as in this way, we endeavour to reduce such risk in order to safeguard our development objectives. The crucial question, however, is how sustainable societies which are risk resilient can be created. This has been a question that has been explored by several academic scholars and human resp ...
... outcome, as in this way, we endeavour to reduce such risk in order to safeguard our development objectives. The crucial question, however, is how sustainable societies which are risk resilient can be created. This has been a question that has been explored by several academic scholars and human resp ...
ARguments for Socialism - Democratic Socialist Alliance
... exists in the present. The AWL does not offer any guarantees that socialism will be realised, but it suggests that socialists can advance the possibility of creating an alternative to capitalism as a result of their leadership and example. But Matgamna is unable to establish that the class struggle ...
... exists in the present. The AWL does not offer any guarantees that socialism will be realised, but it suggests that socialists can advance the possibility of creating an alternative to capitalism as a result of their leadership and example. But Matgamna is unable to establish that the class struggle ...
Paul Pierson - The New Politics of the Welfare State
... A combination of economic changes, political shifts to the right, and rising costs associated with maturing welfare states has provoked growing calls for retrenchment. At the heart of efforts to turn these demands into policy have been newly ascendant conservative politicians. Conservative governmen ...
... A combination of economic changes, political shifts to the right, and rising costs associated with maturing welfare states has provoked growing calls for retrenchment. At the heart of efforts to turn these demands into policy have been newly ascendant conservative politicians. Conservative governmen ...
journal of economic sociology
... Later in the 1930-s that idea was continued in the writings of Norbert Elias, especially in his lesser known work “Die Gesellschaft der Individuen” (“ The Society of Individuals”, 1939 (Elias, 1991)). Durkheim also explained that the origins of the division of labour rooted not in the mere wish of r ...
... Later in the 1930-s that idea was continued in the writings of Norbert Elias, especially in his lesser known work “Die Gesellschaft der Individuen” (“ The Society of Individuals”, 1939 (Elias, 1991)). Durkheim also explained that the origins of the division of labour rooted not in the mere wish of r ...
Interplay Between Corruption and Economic Freedom
... measures for corruption, which use the same definition of corruption as has been specified above. This list is by no means complete, as I have only written about indices that are commonly used in empirical research and analyses. In the next sub-section, I have sought to define economic freedom. I ha ...
... measures for corruption, which use the same definition of corruption as has been specified above. This list is by no means complete, as I have only written about indices that are commonly used in empirical research and analyses. In the next sub-section, I have sought to define economic freedom. I ha ...
Paper Title (use style: paper title)
... hence the rejection of Keynesian UNE. Moreover, any macroeconomic policy of raising AD, including an increase in money supply in order to raise employment would immediately lead to price rises. An anticipated economic policy and its quantitative effects would be taken into consideration in the decis ...
... hence the rejection of Keynesian UNE. Moreover, any macroeconomic policy of raising AD, including an increase in money supply in order to raise employment would immediately lead to price rises. An anticipated economic policy and its quantitative effects would be taken into consideration in the decis ...
[LSE COPY]
... practices and institutions of the modern world – social, economic and political – that concretely manifest this worldview and endanger the survival of the ‘public’ that is key to communal flourishing. 13 A legacy now not only of the philosophy of the naked rights of man unleashed by the French Revol ...
... practices and institutions of the modern world – social, economic and political – that concretely manifest this worldview and endanger the survival of the ‘public’ that is key to communal flourishing. 13 A legacy now not only of the philosophy of the naked rights of man unleashed by the French Revol ...
“The Impact of the Economic Recession on Protest Participation in
... states in the European Union (EU) six years after the 2008 financial meltdown, with the use of data from the European Social Survey (ESS) from the 2006, 2008 and 2014 rounds. As the postrecession era has created new economic standards, high unemployment or low GDP growth may not be enough to convinc ...
... states in the European Union (EU) six years after the 2008 financial meltdown, with the use of data from the European Social Survey (ESS) from the 2006, 2008 and 2014 rounds. As the postrecession era has created new economic standards, high unemployment or low GDP growth may not be enough to convinc ...
P. Pierson, Coping with Permanent Austerity
... resistant to radical reform. Shifting to private, funded arrangements would place an untenable burden on current workers, requiring them to finance the previous generation's retirement while simultaneously saving for their own. Even partial privatization has generally proven possible only in the rel ...
... resistant to radical reform. Shifting to private, funded arrangements would place an untenable burden on current workers, requiring them to finance the previous generation's retirement while simultaneously saving for their own. Even partial privatization has generally proven possible only in the rel ...
The Evolution Routines of Labor Division in New Classical Economics
... the fourth party logistics (FLP) and international logistics. In order to help companies find the cut-in point, and put forward policy suggestions of modern logistics development in China. Key words: neoclassical economics the third party logistics (TPL) the fourth party logistics (FPL) internationa ...
... the fourth party logistics (FLP) and international logistics. In order to help companies find the cut-in point, and put forward policy suggestions of modern logistics development in China. Key words: neoclassical economics the third party logistics (TPL) the fourth party logistics (FPL) internationa ...
In the long and impressive catalogue of Michal Kalecki’s contributions... proportion of writings devoted to what is now called “development... Michal Kalecki and the Economics of Development
... in general and the direction of public spending in particular, but even more crucially because of the social and political changes (essentially greater bargaining power of workers) resulting from the maintenance of full employment. His was therefore the first, and is still the most useful, model of ...
... in general and the direction of public spending in particular, but even more crucially because of the social and political changes (essentially greater bargaining power of workers) resulting from the maintenance of full employment. His was therefore the first, and is still the most useful, model of ...
Embedded liberalism
Embedded liberalism is a term for the global economic system and the associated international political orientation as it existed from the end of World War II to the 1970s. The system was set up to support a combination of free trade with the freedom for states to enhance their provision of welfare and to regulate their economies to reduce unemployment. The term was first used by the American political scientist John Ruggie in 1982.Mainstream scholars generally describe embedded liberalism as involving a compromise between two desirable but partially conflicting objectives. The first objective was to revive free trade. Before World War I, international trade formed a large portion of global GDP, but the classical liberal order which supported it had been damaged by war and by the Great Depression of the 1930s. The second objective was to allow national governments the freedom to provide generous welfare programmes and to intervene in their economies to maintain full employment. This second objective was considered to be incompatible with a full return to the free market system as it had existed in the late 19th century—mainly because with a free market in international capital, investors could easily withdraw money from nations that tried to implement interventionist and redistributive policies.The resulting compromise was embodied in the Bretton Woods system, which was launched at the end of World War II. The system was liberal in that it aimed to set up an open system of international trade in goods and services, facilitated by semi fixed exchange rates. Yet it also aimed to ""embed"" market forces into a framework where they could be regulated by national governments, with states able to control international capital flows by means of capital controls. New global multilateral institutions were created to support the new framework, such as the World Bank and the International Monetary Fund.When Ruggie coined the phrase embedded liberalism, he was building on earlier work by Karl Polanyi, who had introduced the concept of markets becoming ""dis-embedded"" from society during the 19th century. Polanyi went on to propose that the ""re-embedding"" of markets would be a central task for the architects of the post war world order, and this was largely enacted as a result of the Bretton Woods Conference. In the 1950s and 1960s, the global economy prospered under embedded liberalism, with growth more rapid than before or since. Yet the system was to break down in the 1970s.