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Factor-endowment based trade with the leading economy helps to explain the differing development performances of the …-abundant East Asia traded more heavily with the U.S. and thus engineered faster growth than did land-abundant Latin America. Factor … the pre-WWII growth of Japan, Southeast Asia's growth in the 1970s and the 1980s, and its economic crisis in the mid-1990s. …
Persistent link: https://www.econbiz.de/10005062412
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449
The Black Sea is a region of vital interest to the foreign investor. This study examines the six countries that border it (Russia, Ukraine, Georgia, Turkey, Romania, Bulgaria) and presents the financial outlook and the foreign direct investment performance of each state. The main focus is on the...
Persistent link: https://www.econbiz.de/10005118790
Klaus, are defended against the leftis criticism that favored either market socialism or the so called 'Third Way'. On the … following have serious negative implications: (1) insufficient attention to the development of small and medium enterprise; (2 …)'two years after the velvet revolution in the whole of Czechoslovakia, small privatization created only about one tenth of …
Persistent link: https://www.econbiz.de/10005407657
After the demise of “real” socialism and the decline of “western” socialism, socialism can be salvaged as a social … socialism could derive from the socialization of consumption, if the consumption of public goods continues to make up a growing …
Persistent link: https://www.econbiz.de/10005407732
This is a paper presented at the East-West economic conference in Plovdiv, Bulgaria, 1964. The paper outlines the main features of price policy in the Soviet-type socialist system of Eastern Europe. All the prices were centrally fixed, with the main aim to achieve planned standard of living for...
Persistent link: https://www.econbiz.de/10005118717
socialism and to the process of economic and political liberalization. We question that link, because we question whether … socialism was egalitarian. The inequalities in socialism were hidden but, nevertheless, were real. …
Persistent link: https://www.econbiz.de/10005118811
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