Showing 1 - 10 of 16
The Great War of 1914-18 constituted a major rupture for the economies of Europe in several respects. It marked the end of almost a century of uninterrupted economic growth. It ended a long period of near-universal currency stability, and set in motion a painful process of de-globalisation. It...
Persistent link: https://www.econbiz.de/10005870493
This article examines the hypothesis that in the “Third Reich”, bureaucratic agencies engaged in economic policies competed with each other. First, a model of competition is constructed whose predictions are then compared with actual political processes in Nazi Germany. This shows that the...
Persistent link: https://www.econbiz.de/10005870590
Economics has always had two connected faces in its Western tradition. In Adam Smith's eighteenth century, as in John Stuart Mill's nineteenth, these might be described as the science of political economy and the art of economic governance. The former aimed to describe the workings of the...
Persistent link: https://www.econbiz.de/10005870748
This paper discusses some aspects of the changing relationship between thestudy of economic history and development economics. Forty years ago thesubjects seemed to be quite closely linked in the sense that senior figuresstraddled both areas, the development history of the advanced countries...
Persistent link: https://www.econbiz.de/10005870756
The task of economic planning in the new nation of Nigeria in theearly 1960s tested the limits of economic technologies: its recipesfor development, its possibilities of measurement, and fromdifferences in political economy. These dimensions of the problembeset not only the Nigerian politicians...
Persistent link: https://www.econbiz.de/10005870893
How and whether judges should be held accountable is a key issue in the design of a legalsystem. Thirty-seven of the forty-eight continental states use some method of judicial selectionwhich involves a direct role for citizens in selecting or re-appointing the judiciary. We identifytwo...
Persistent link: https://www.econbiz.de/10009138491
This paper uses data on elected village councils in South India to examinethe political economy of public resource allocation. We find that the patternof policy-making reflects politicians' self-interest. Elected councillors benefit from improved personal access to public resources. In addition,...
Persistent link: https://www.econbiz.de/10009138493
This paper studies determinants of MPs expense claims in Parlia-ment using the data released under the freedom of information act in2004. Using a multiple regression framework, we correlate expenseswith three sets of variables: constituency characteristics, party a¢ l-iation and individual...
Persistent link: https://www.econbiz.de/10009138494
This paper develops an approach to political equilibrium in a two-party setting. The approach characterizes political resource allocationas trading o¤ the utility of core party supporters and swing voters,i.e. those who are not attached to either party. The model has threestages. First parties...
Persistent link: https://www.econbiz.de/10009138495
This paper explores the consequences of creating and improvingproperty rights so that …xed assets can be used as collateral. Thishas become a cause célèbre of Hernando de Soto whose views areinfluential in debates about policy reform concerning property rights.Hence, we refer to the economic...
Persistent link: https://www.econbiz.de/10009138497