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This paper explores what a critical commentary on micro principles texts might look like, examining what is to be critiqued and how to do it.
Persistent link: https://www.econbiz.de/10005555984
The ability to see past and present simultaneously must be of prime importance in any development scenario. This speaks … to the essence of the Janus Development Strategy, whose philosophy is outlined below. .......................Janus was … development. …
Persistent link: https://www.econbiz.de/10005555996
Ever since Adam Smith, share contracts have been condemned for their lack of incentives. Sharecropping tenants face incentives to undersupply productive inputs since they receive only a fraction of the marginal revenue. The empirical literature reports that lands under sharecropping are less...
Persistent link: https://www.econbiz.de/10005556067
sustainable development. Looming environmental crises have served as a prime motivating force for reevaluating fundamental … begun to reshape economics. The broadest conception of sustainability is found if we understand sustainable development to … mean Socially And Environmentally Just And Sustainable development - "SAEJAS development". Throughout the paper we will see …
Persistent link: https://www.econbiz.de/10005556099
cadres of less development into the levels of welfare prevailing in Western industrialized countries. …
Persistent link: https://www.econbiz.de/10005556527
The traditional view in economics is that individuals respond to incentives, but absent strong incentives to the contrary selfishness prevails. Moreover, this “greed is good” approach is deemed “rational” behavior. Nevertheless, in daily interactions and in numerous laboratory studies, a...
Persistent link: https://www.econbiz.de/10005556689
internal Socio-Economic development target units, Pumping money and strengthening the defense of the assisted nation only …
Persistent link: https://www.econbiz.de/10005556940
framework that will guarantee the attainment of the United Nations millennium development goals(as well as the capacity to live …
Persistent link: https://www.econbiz.de/10005556956
solution of these problems and the development of the economic theory. A radically new approach has been proposed. It considers …
Persistent link: https://www.econbiz.de/10005560978
We analyze the costs of trade restrictions for a small developing economy. Capital goods are only introduced on the market if it is profitable to do so. The economy evolves to a balanced growth path in which income, welfare, and the share of introduced capital goods increase if trade...
Persistent link: https://www.econbiz.de/10005561117