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Many scholars have interpreted the Russian government’s attack on the private oil companies, as in the most famous Yukos Crisis, as a legitimate battle against corruption. However, in the transition economies, the state can abuse its power by acting like a monopoly and not letting any...
Persistent link: https://www.econbiz.de/10008695065
In both developed and developing countries, there are basically two main sources of economic instability: exogenous shocks and inappropriate policies. Exogenous shock (terms-of-trade shocks, natural disasters and capital flow reversals) can throw an economy into disequilibrium and therefore...
Persistent link: https://www.econbiz.de/10005836865
The demographic database of Eurostat and of Us Census of Bureau are explored and the main facts are extracted and described. This paper is completely self-standing but is also part of a more general analysis dedicated to the functioning and sustainability of pay-as-you-go to finance the welfare...
Persistent link: https://www.econbiz.de/10011110362
efficiency through taxes or liability. It is interesting that the economist of Chicago, who has elaborated on the renowned … compensation of the victim. To Pigou’s way of thinking, this is a strict liability rule. Coase states that the damage is caused by … 1960, Coase’s theory has been developed and has become a pillar of tort law and economics. Pigou proposed a tax as an …
Persistent link: https://www.econbiz.de/10011260441
We develop a model with two provinces, producing two goods: one mobile and the other not. The mobile good is taxed according to the destination principle by the local government; it is also federally taxed. People decide to buy the good at the most advantageous price. Namely they can buy...
Persistent link: https://www.econbiz.de/10005835510
Federal transfers can depend on local fiscal capacity which is measured by local tax bases. The aim of this paper is to understand to what extent and how these transfers affect local tax decisions. We develop a model with two provinces producing one mobile good. The good is taxed according to...
Persistent link: https://www.econbiz.de/10005836320
This paper develops a formal economic theory to explain the Easterlin paradox-average happiness levels do not … necessarily increase as countries grow wealthier. The theory analyzes the different roles of income and non-income factors in … consistent with the theory's predictions. …
Persistent link: https://www.econbiz.de/10011109438
for example some kinds of tort liability. …
Persistent link: https://www.econbiz.de/10005620187
Commissioned by the European Commission, the Final Report for the EU-Canada Sustainability Impact Assessment (SIA) on the EU-Canada Comprehensive Economic and Trade Agreement (CETA) provides a comprehensive assessment of the potential impacts of trade liberalisation under CETA. The analysis...
Persistent link: https://www.econbiz.de/10009647267
The paper approaches a topic of high actuality concerning the professionalisation of public management, process that could lead to setting up a corps of civil servants, substantiated on meritocratic criteria, political equidistance. In the context of knowledge-based society, the paper presents...
Persistent link: https://www.econbiz.de/10008543489