Download ANALYTICAL SUMMARY Javier MARTÍNEZ PEINADO “The

Revista de Economía Mundial N.º 29 - 2011
ISSN: 1576-0162
ANALYTICAL SUMMARY
Javier MARTÍNEZ PEINADO
“The Theoretical Structure Core/Periphery and the Analysis of the Global
Economic System: Obsolete or Necessary?”
Revista de Economía Mundial 29, 2011, pp. 27-57
The concepts of Core and Periphery were academically consolidated with
Prebisch’s contribution and the Dependency and Uneven Development
approaches. With the hegemony of the neoliberal doctrine in last decades,
and the theorization of the shaping of a new world economy, the usefulness
and relevance of such concepts have been questioned for explaining the
inequalities in the global capitalist development. This paper proposes a
methodological and analytical scheme for the reconceptualization of the Core/
Semiphery/Periphery structure, arguing its need for explaining the current
Global Capitalist System.
Blanca Aurora RUBIO VEGA
“World Crisis and Food Sovereignty in Latin America”
Revista de Economía Mundial 29, 2011, pp. 59-85
The objective of the paper is to analyze the impact of capitalist crisis in the
global agrifood area, as well as the and productive restructuring process that
is emerging vis a vis the decline of the neoliberal food order. Furthermore, it
analyzes the rise of the paradigm of food sovereignty in Latin America as a
result of the uncertainty that arose in this field. It aims to demonstrate that,
while countries with neoliberal governments increment food dependence,
governments with alternative projects promote food sovereignty as a national
security political project.
REVISTA DE ECONOMÍA MUNDIAL 29, 2011
12
Santos M. RUESGA BENITO, Laura PÉREZ ORTIZ and Ana I. VIÑAS
APAOLAZA
“Collective Bargaining and Employment Quality in the European Union”
Revista de Economía Mundial 29, 2011, pp. 87-119
Since the European Employment Strategy, the discussion on labour issues,
both in academia and in labour policy arena, is focusing on the ability of
European economies to create jobs and qualified jobs. This paper develops
a panel data analysis to characterize the structure of collective bargaining
(centralization, coordination and union power) and employment quality (quality
indicators of the EES) for the core countries of the EU in the last decade. The
analysis seeks to contrast a hypothesis about the likely influence of different
collective bargaining systems characteristics on macroeconomic employment
development, not only in quantity terms but in quality ones, identifying last
one as the working conditions prevailing in each labour market.
Alfredo MACÍAS VÁZQUEZ
“Rethinking the Financial Multilateral Cooperation in Low-Income Countries in
the Context of Global Crisis”
Revista de Economía Mundial 29, 2011, pp. 121-149
Low-income countries present endemic problems to finance their processes
of development. The mechanisms for preventing and resolving financial crises
under the auspices of multilateral institutions have been based primarily on
reducing rates of economic growth. Since a specific analysis of the structural
relations between the processes of external financing and economic
development, this paper intends to reflect on the need for a rethinking of
financial cooperation towards these countries, that promotes a new generation
of policies with two objectives: to stimulate economic development and reduce
their financial vulnerability in the context of the current international crisis.
Ainoa QUIÑONES MONTELLANO and Sergio TEZANOS VÁZQUEZ
“Official Development Assistance for Science and Technology: A Macroeconomic
Evaluation of the Geographical and Sectorial Distribution.”
Revista de Economía Mundial 29, 2011, pp. 151-177
Innovation and access to knowledge are critical elements for the processes
of economic development. Nevertheless, although globalization facilitates
an unprecedented expansion of knowledge, the human society of the 21st
Century still has to guarantee an equitable access to the benefits of innovation
in order to expand the opportunities of progress of all peoples. In this context,
international development co-operation policies for Science and Technology
13
(co-operation ST) try to promote the technological, scientific and innovative
progress of the developing world. In this paper we characterize the co-operation
ST policies (identifying their main objectives, actors and sectors of destination),
and analyze the evolution and the geographical and sectorial distribution of
Official Development Assistance flows for Science and Technology (ODA-ST).
The paper concludes that co-operation ST policies are a commitment, from
innovation, for an inclusive strategy of international development.
Francisco RODRÍGUEZ ORTIZ
“Sovereign Debt Crisis: Regressive Social Adjustment and New Asymmetric
Economy Governance”
Revista de Economía Mundial 29, 2011, pp. 179-207
Financial turmoil that turned into economic crisis, led to a transitory return to
Keynesian paradigms, both in monetary and fiscal policy terms. Notwithstanding,
wrongly-called “sovereign debt crisis”, fed by i) public bailout of financial
institutions, ii) economic stimulus actions and iii) adverse effect from automatic
stabilizers in a downturn context, has favored the enforcement by “the market”
of both politics and economics discipline rules. Sovereign crisis has paved the
way to undertake regressive social adjustments and impose new discipline
standards in labor & wage terms, coming back to neoliberalism basics of
1970s. Public intervention is growingly been contested across Europe, and the
Eurozone, seeking to establish a new asymmetric economy governance, shifting
to a model that threatens its medium term growth prospects and ultimately
will prove ineffective to solve fiscal deficit and public debt concerns.
Víctor Raúl LÓPEZ RUIZ, José Luis ALFARO NAVARRO and Domingo NEVADO
PEÑA
“Economic Development and Intellectual Capital: An International Study”
Revista de Economía Mundial 29, 2011, pp. 211-236
In this paper we study relationships between economic development and
the national level of intellectual capital. To measure the intellectual capital of
nations we have used a model adapted to microeconomic level that takes into
account aspects not contemplated by GDP. It considers intangible assets such
as human development, economic structure, international trade, foreign image
and innovation. This model is applied to 82 countries grouped in three clusters
according to their efficiency in intellectual capital. The empirical results show
the importance of structural capital in nation’s wealth, while human capital
does not contribute significantly to economic development.
REVISTA DE ECONOMÍA MUNDIAL 29, 2011
14
Regina ESCARIO
“Budget, Money and Prices: A Survey”
Revista de Economía Mundial 29, 2011, pp. 237-259
This paper surveys the empirical literature on the link between the financing
needs of the Treasury and monetary growth and inflation. The first conclusion
is that the evidence in favour of the link is sensitive to the selection of the
econometric method. In some works, the lack of fiscal dominance might
simply reflect the non use of dynamic methods of estimation able to capture a
delayed monetary response to deficits. Secondly, the survey shows how results
depend significantly on the period under examination, making it convenient to
consider breaks when dealing with long-term studies. Finally, the influence of
fiscal policy on monetary policy is evident when works focus on samples of non
developed countries.
Ángel MARTÍNEZ GONZÁLEZ-TABLAS, Arnaldo ORLANDINI and Sagrario
HERRERO LÓPEZ
“Crisis, Global Change and Energy”
Revista de Economía Mundial 29, 2011, pp. 263-284
In recent decades the scientific community has examined and described the
worrying evolution of issues related to sustainability, and the limited time
available to avoid their most serious consequences.
There is little doubt about the contradictions that exist between the current
production and consumption model and the dynamics of natural systems with
their inherent bio-geophysical limits.
The “Programa Cambio Global España 2020-2050” (Global - Spain Change
Program 2020-2050) aims to initiate a public debate addressing those
contradictions, and generate proposals for Spain’s transition towards a socioeconomic model compatible with the biosphere.
The report “Energía, Economía y Sociedad” (Energy, Economy and Society)
explores these issues primarily from the point of view of energy. It proposes
to deal with the decline of cheap oil and the need to dramatically reduce
greenhouse gas emissions through a two-pronged approach: demand
management (energy savings) and supply management (changing from the
current energy mix to a situation where renewable energy is the dominant
generation type). The report therefore aims to help stimulate a social debate
that sheds light on the opportunities for a paradigm shift.
15
Violeta TRASOSMONTES
“The Sahraoui Refugee Camps in Tindouf: An Economic Analysis”
Revista de Economía Mundial 29, 2011, pp. 285-315
This paper analyzes economic transformations of Sahraoui refugees in last
decade. Ten years ago economic activity did not exist and population survived
with humanitarian aid. Nowadays there is a very important diversification
of economic activities, some of them under the auspices of international
cooperation or other as a private initiative of the Saharaoui population. All
these changes have brought a number of opportunities and challenges that
can not be ignored. Both are determinants to improve the standard of living
in the camps but they are very important to ensure the economic viability
of the Sáhara too, either as an independent state or autonomous region of
Morocco.
REVISTA DE ECONOMÍA MUNDIAL 29, 2011