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country’s income goes up. (Overall level of democracy in the world however has no effect on growth.) The effect of colonialism … is not statistically significant. Lower average level of protection in the world helps growth. Wars, whether civil or …
Persistent link: https://www.econbiz.de/10005062416
adjectives justifying institution building by bargaining and military force. In terms of new world order, institution building by … World Trade Organization. However arguably well intended there remains the question of what will eventually result from the … modern Western world to rethink its priorities and policies, and perhaps even foundational ideologies, especially in the …
Persistent link: https://www.econbiz.de/10005407658
Based on an original database, this paper provides an empirical study of Tsarist bond prices reactions after their repudiation by the Soviets. For the two years following the repudiation two striking features of a representative Tsarist bond traded in Paris are highlighted: first, the price...
Persistent link: https://www.econbiz.de/10005556882
's approach to control other nations in the world,through unilateral Army power,tie up of domestic markets towards USA, and … Nation USA alone can perform the role of fighting threat to the world, lead the poor nations toward a free and democratic …, Other nations,UN,WB,IMF etc..). But soon work to develop Domestic savings to Domestic investment for Self …
Persistent link: https://www.econbiz.de/10005556940
In this paper, I present and discuss a method for modelling an important trade-off faced by terrorism prevention policies: the trade-off between, on the one hand, trying to reduce people's inclination towards terrorism, and, on the other hand, trying to protect society against existing...
Persistent link: https://www.econbiz.de/10005118920
This paper explores the consequences of rising returns to human capital investment on the personal savings rate. Over … to argue the presence of 'skill biased technological progress'. The literature explaining household savings has also … negative relationship between returns to education and savings rates across most of the past century and also a negative …
Persistent link: https://www.econbiz.de/10005076792
MOBILIZING DOMESTIC SAVINGS FOR DEVELOPMENT AND THE CONSTRAINTS IN THE EFFICIENT PERFORMANCE OF THIS ROLE. EMPIRICAL EVIDENCE …
Persistent link: https://www.econbiz.de/10005076971
profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly …
Persistent link: https://www.econbiz.de/10005125687
, contrary to a pure neoclassical model, domestic savings should act as a complement rather than a substitute to capital inflows …
Persistent link: https://www.econbiz.de/10005126431
Commission. 'The savings shortfall argument falsely presumes that causation goes from savings to the trade deficit'. The savings … shortfall argument is support by nothing more than reasoning by analogy from the pre-trade closed economy. The equation Savings … irrelevant the low level of savings as reported by the National Income and Product Accounts. …
Persistent link: https://www.econbiz.de/10005062657