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Modern political economies are distinguished from each other by the institutions that mediate actors’ interactions, falling somewhere along a spectrum between pure market and non-market mechanisms. But how did these institutions originally emerge? With regard to the financial sector, I argue...
Persistent link: https://www.econbiz.de/10005786993
The Japanese economic behavior is modeled. GDP evolution is represented as a sum two components: economic tend and fluctuations. The trend is an inverse function of GDP per capita with a constant numerator. The growth rate fluctuations are numerically equal to two thirds of the relative change...
Persistent link: https://www.econbiz.de/10005623454
The Kyoto Protocol is the first international environmental agreement that sets legally binding greenhouse gas emissions targets and timetables for Annex I countries. It incorporates emissions trading and two project-based flexibility mechanisms, namely joint implementation and the clean...
Persistent link: https://www.econbiz.de/10005616753
system that then existed in the world, and (c) the transition from a uni-polar world, with the U.S.A. as the single center of …
Persistent link: https://www.econbiz.de/10008596380
In March 2005, riots erupted in South Korea against Japan for claiming sovereignty over some rocky uninhabited islets (0.23 km2). Five weeks earlier, riots did not erupt in South Korea when North Korea proved that it has nuclear weapons. How can we explain moral outrage in one case, when the...
Persistent link: https://www.econbiz.de/10005837321
This essay is about the crisis of US automobile management and the difficulties that management educators and practitioners in America have had facing up to that crisis. It focuses on Detroit’s Big Three but it also looks at the role Japanese firms played in transferring JMS (Japanese...
Persistent link: https://www.econbiz.de/10008514907
In this article recession magnitudes in Europe, the USA and Japan during the Great Recession are compared. The … strongest recessions (of severe category) occurred in Latvia, Lithuania and Estonia, while recessions in Japan and the USA were …-1933 in the USA. Hence, comparisons of the Great Recession to the Great Depression in the literature are somewhat exaggerated. …
Persistent link: https://www.econbiz.de/10011258149