Showing 1 - 10 of 261
Russia’s short-term economic growth has accelerated above its long term trend, defying weak global conditions. In 2007 …, the economy grew by 8.1 percent on the heels of very high (and perhaps unsustainable) oil prices, robust domestic demand … infrastructure constraints, and real wage increases outpacing productivity gains, however, suggest that the economy is overheating, i …
Persistent link: https://www.econbiz.de/10005835586
crisis. While Russia's strong short-term macroeconomic fundamentals make it better than many emerging economies to deal with …
Persistent link: https://www.econbiz.de/10005789739
Development geography and mainstream economic theory have for many years lived separate lives. Especially so since the downfall of development economics, an academic subject which has repeatedly been pronounced dead by one of today’s leading US economists. The geographical dimension - the...
Persistent link: https://www.econbiz.de/10011259930
The central point of this paper is the demonstration that there is a real world supply and demand theory, supported by … and demand and supply and demand commands the economy. Third, production takes time; quantities produced and sold are … never equal; disequilibrium is the usual status of the supply and demand interaction and therefore the entire economy …
Persistent link: https://www.econbiz.de/10011207092
world order is built. To put it another way, the problems we face today do not arise from some operational failures, but …
Persistent link: https://www.econbiz.de/10009372533
Purpose – The purpose of this paper is to analyze some of the unseen negative effects of the post-Katrina government policies dealing with housing in New Orleans. Design/methodology/approach – Since Hurricane Katrina, the government, along with private for profit and not-for-profit...
Persistent link: https://www.econbiz.de/10008685058
’s Charter, and its primary objective of world peace and security. …
Persistent link: https://www.econbiz.de/10008693547
Europe, but also in Japan and the rest of the world), (ii) in an almost completely free financial and economic market, that …
Persistent link: https://www.econbiz.de/10008756292
The industrialization process of a country is often plagued by a failure to coordinate investment decisions. Using the Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how appropriate information provision enhances efficiency....
Persistent link: https://www.econbiz.de/10011093728
We analyze the incidence and welfare effects of unit sales tax increases in experimental monopoly and Bertrand markets. We find, in line with economic theory, that firms with no market power are able to shift a high share of the tax burden to consumers, independent of whether buyers are...
Persistent link: https://www.econbiz.de/10011096158