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This paper examines the determinants of economic growth, income inequality, and their relationship in the context of education inequality. The econometrics indicate that a higher level of human capital and the relative dispersion of human capital have a disequalizing relationship with income...
Persistent link: https://www.econbiz.de/10013143699
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
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
implications are (b) the emergence of a new social formation that may be called World Market Capitalism, which has a vastly …
Persistent link: https://www.econbiz.de/10008596380
The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969
gets accumulated and the specific historical trajectory of twentieth-century capitalism up to the present. …
Persistent link: https://www.econbiz.de/10005621372
This study uses a two-way fixed effect model for panel data of all OECD nations, which includes most of the determinants of growth in previous empirical growth studies for either cross section or panel data as control variables and carefully checks possible endogeneity of the key variables of...
Persistent link: https://www.econbiz.de/10011110543
Why has capitalism prevailed as an institution in promoting economic growth despite its apparent unfairness? In this … paper, we argue that within a neoclassical framework, capitalism is fairer compared to collectivism due to the absence of a … capitalism at the aggregate level. Developing countries operating below the steady state may be better off cooperating as they …
Persistent link: https://www.econbiz.de/10005836115
inward investment that occurred after the Cold War. I argue that free market capitalism itself may not have promoted economic …
Persistent link: https://www.econbiz.de/10008532159
inward investment that occurred after the Cold War. I argue that free market capitalism itself may not have promoted economic …
Persistent link: https://www.econbiz.de/10008839480