In February 1931, Getúlio Vargas delivered a well known speech in Belo Horizonte and made then one of his most important public interventions in the Brazilian steel-making debate. This speech made fortune in the historiography, above all for its incisive statement in favor of a national...

The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and, thus, an institutional stance. It is Post-Keynesian as long as it does not perceive any benefit in the mainstream split between monetary and fiscal policies. And it is...

This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...

This paper empirically applies the statistical approaches to the phenomenon of polarization generated by Esteban, et al. (1999) and Gradín (2000) in order to quantify the evolution of the middle class in Mexico and the role of various household attributes in the formation of groups during...

In the post-colonial world, the countries of South Asia have evolved politically in different ways, amidst internal and regional conflicts, but retained some commonality of institutions and cultures. Since the 1990s, the promise of market-led development and the growth of a middle class,...

Italian Abstract: Con questo saggio intendo fare luce sulla presenza e la rilevanza teoretica dell’idea del buongoverno nel pensiero di Einaudi, attraverso un confronto con il pensiero di Mosca basato su identità e differenze tra le loro concezioni del governo della legge, l'opinione...

With the election of an African American as President, many would think that the question of affirmative action and equal opportunity has been finally laid to rest in the United States. This perception may be true for the proponents of affirmative action, whom over the years believe that the...

Unquestionably the behavior of the financial institutes caused the US financial crisis which became a worldwide phenomenon. It is too easy but not enough to blame greedy banker (though not superfluous). The subprime crisis was the consequence of the profit-seeking activity of the different...

State interventions into Labour policies in India are directed towards ensuring both job security and income security. In this paper we look at likely impact of such policies. The laws are found to serve the organised workers primarily while large masses of unorganised workers are without any...