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Within the context of the New Economic Sociology, Karl Polanyi is almost universally considered the “father” of the concept of embeddedness. However, this concept has been subject to selective appropriation by this discipline and its relationship to the remaining theoretical edifice...
Persistent link: https://www.econbiz.de/10011258003
-right, the Social Democrats, the Greens or left-wing populism becomes a drive, even if the conservatives in Europe continue their …, there is a need for Europe, to get out from the logic of closed circles , in which politicians negotiate with each other in … holistic European Dimension that has to be institutionalized (Habermas 1996). Hence the lack of democracy. The progressive …
Persistent link: https://www.econbiz.de/10011251884
Concerning the period 1990-2004, one can formulate a hypothesis of economic and national industrial cyclical phenomenon of “Juglar” type, with two visible evolution periods, the former of expansion and the latter of recession, and between them, less evident, the crisis and the downward. The...
Persistent link: https://www.econbiz.de/10005789745
Political scientists and economists increasingly agree that institutions may influence economic growth, but there is little general agreement on what institutions tend to produce what consequences. We apply public choice insights for a theoretical analysis that may be termed “Madisonian”:...
Persistent link: https://www.econbiz.de/10009421987
In this paper, we made an attempt to understand the costs and benefits of democracy for economic growth in Pakistan by … analyzing the relationship between democracy and its various measures. Using instrumental variables and RALS (rth … uncertain relationship between democracy and fiscal policy variables like expenditures, revenues and deficit; whereas democracy …
Persistent link: https://www.econbiz.de/10008740584
The recent empirical growth literature has proposed three underlying fundamental determinants of economic growth, namely, physical geography, economic integration, and institutional quality. This paper unpacks the final determinant into both political-economic institutions as well as the...
Persistent link: https://www.econbiz.de/10005836612
There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …
Persistent link: https://www.econbiz.de/10008543528
level of democracy is taken into account, but also changes in this level in the 1970s-1990s as measured by the political … rights indices of the Freedom House. Second, the distinction is made between the rule of law and democracy, the rule of law …
Persistent link: https://www.econbiz.de/10008543783
represented by Human Development Index (2007) and Human Poverty Index (2006). Democracy Index (2008) and Corruption Perceptions …
Persistent link: https://www.econbiz.de/10008493580
There are two innovations in the paper as compared to the previous literature on democracy and growth. First, we … consider not only the level of democracy, but also changes in this level in the 1970s-1990s as measured by increments of … Freedom House political rights indices. Second, the distinction is made between democracy and law and order (order based on …
Persistent link: https://www.econbiz.de/10008494207