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This paper examines how the development of railroads in the region established enduring ties with financiers on the East coast and Europe, and how these ties facilitated the exercise of power for certain individuals central in their respective social networks. These men of railroads and finance...
Persistent link: https://www.econbiz.de/10011112948
This paper draws on institutional and evolutionary economics and contributes to an approach to environmental policy which diverges from mainstream prescriptions. The 'socio-technical system' is the core concept: this is a complex made of co-evolving institutions, technologies, markets and actors...
Persistent link: https://www.econbiz.de/10009647427
The paper reviews and compare a selection of existing and new alternative indicators of Revealed Comparative Advantages, with a special emphasis on trade in intermediate products. The research adopts a statistical approach for both its theoretical and its analytical facets. The formal concepts...
Persistent link: https://www.econbiz.de/10014091275
Policy implications of complexity economics (CE) are investigated. CE deals with “Complex Adaptive (Economic) Systems” [CA(E)S], generally characterized by mechanisms and properties such as “emergence” of structure or some capacity of “self-organization”. With this, CE has manifold...
Persistent link: https://www.econbiz.de/10011212778
progress is to be made in the effective regulation and supervision of the financial services sector. It also highlights …
Persistent link: https://www.econbiz.de/10011259086
in financial regulation and supervision. The aftermath of the 2007/08 financial crisis has witnessed the enactment of …
Persistent link: https://www.econbiz.de/10009323454
how financial regulation and supervision have failed to understand/manage the financial engineering products during … problems, to increase the effectiveness of the risk management, to improve independence and quality of prudential regulation …
Persistent link: https://www.econbiz.de/10009372629
be taken into account if such a mechanism is to be implemented, but also considers areas in which the regulation of …
Persistent link: https://www.econbiz.de/10008623486
all the remaining financial activities, it is object of comprehensive regulation of structure, conduct and performance … and/or scarce/excessive regulation. This paper yields also an empirical approach which consists in examining the character … of the market discipline as a substitute or complement of the prudential regulation. The proposals in implementation in …
Persistent link: https://www.econbiz.de/10008674278
seemed to solve stagflation but only repressed it and resulted into the crisis since 2007. The return of regulation also … causes the return of stagflation: what was repressed before now is into the open again. Re-regulation is required indeed but …
Persistent link: https://www.econbiz.de/10011108214