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in the social spirit and prowess, so much needed to benefit from globalization. Acute poverty is the major structural …Globalization is a deliberate decision to open up a national economy to the forces of product, factor and money markets … regime and went in for globalization in the early 1990’s. However, globalization of the Indian Economy has been defensive …
Persistent link: https://www.econbiz.de/10005119015
'elaborated' by his followers by inference from Marx's criticism of capitalism and by inclusion of principles that did originate …
Persistent link: https://www.econbiz.de/10005126081
This essay originated from the discussions of the role of central plan in an economic system with a functioning market mechanism. Such discussions emerged because of the implementation of the 'New Economic System'in Czechoslovakia. Under the old system, the role of the plan was considered clear...
Persistent link: https://www.econbiz.de/10005407668
This short paper was presented in the discussion at the CESES conference about 'the Prices in Eastern Europe' in Florence, Italy, 1966. Its purpose was to formulate briefly but as precisely as possible the differences between Pure Market Economy, Command Economy, Lange-Lerner model of Market...
Persistent link: https://www.econbiz.de/10005118692
societies, social relations, and capitalism. …
Persistent link: https://www.econbiz.de/10005407671
After the demise of “real” socialism and the decline of “western” socialism, socialism can be salvaged as a social preference system oriented towards equality and social justice, to be implemented without systemic constraints in the organizational and institutional sense. At the same...
Persistent link: https://www.econbiz.de/10005407732
The author argues that the doctrine of state supremacy in Africa suffered a crushing defeat at the hands of the collapse of export prices of African commodities in the late seventies, which undermined the ability of governments to support their expanded public sector. The author observes that...
Persistent link: https://www.econbiz.de/10005561041
Unlike aversion to inequality, aversion to poverty resists formalization in welfare economics. One way to assign … normative significance to the poverty line is to allow the welfare measure to exhibit a discrete loss from poverty (DLP) at z …
Persistent link: https://www.econbiz.de/10005076922
(if everybody's income goes up, who cares if inequality is up too?), and the argument is made that only poverty … poverty solely and not with inequality is internally inconsistent. …
Persistent link: https://www.econbiz.de/10005076936
, their distribution and poverty depend very crucially on the hypothesis made on the evolution of returns to education and …
Persistent link: https://www.econbiz.de/10005076938