Showing 1 - 10 of 1,101
Adam Smith (1776) devoted the first three chapters to the division of labor in his Inquiry into the Nature and Causes of the Wealth of Nations. This process, carried far enough, eventually results in a divergence between the distributions of supplies and demands of such...
Persistent link: https://www.econbiz.de/10009025275
Penang has always been a focal point, absorbing knowledge (and popular culture) from civilizations to the East and West. In modern Penang the pattern of cultural contacts has changed over time. Research institutes and universities in Penang cooperate with foreign partners to produce research...
Persistent link: https://www.econbiz.de/10009328144
This paper examines India’s federal system in the context of prospects for India’s future economic growth and … development. After a brief review of India’s recent policy reforms and economic development outcomes, and of the country’s federal … institutions, the analysis focuses on the major issues with respect to India’s federal system in terms of their developmental …
Persistent link: https://www.econbiz.de/10005787082
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005025710
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005105673
Article on the causes, dynamics of development and institutional forms of economic cycles. We study the institutional patterns associated with the formation, development and completion of economic cycles from the standpoint of an exogenous approach. The author proves the thesis about the...
Persistent link: https://www.econbiz.de/10011111926
Indian outward FDI flows have declined in 2008 and the first half of 2009. The global financial and economic crisis appears to have seriously dented overseas investment plans of emerging Indian multinationals. This paper looks at the trends and patterns of Indian OFDI flows in the current crisis...
Persistent link: https://www.econbiz.de/10005033498
Deirdre McCloskey’s Bourgeois Dignity (2010) represents another breakthrough work in her career, and the second volume in a multi-volume work on the economic and intellectual history of western civilization. In a sense, the subtitle of the book explains well what this volume is all about--why...
Persistent link: https://www.econbiz.de/10009223341
This paper deals with institutional persistence in long-term economic development. We investigate the historical record of education in one of the fastest growing and most unequal societies in the twentieth century – the state of São Paulo, Brazil. Based on historical data from an...
Persistent link: https://www.econbiz.de/10008490496