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Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...
Persistent link: https://www.econbiz.de/10011112692
The paper communicates the essence of the findings of a study influencing participation in May Day demonstrations in Copenhagen 1980-2013. Political factors seem irrelevant for predicting the level of turn-out at May Day demonstrations. The most important factors are the weather conditions.
Persistent link: https://www.econbiz.de/10011114446
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
The paper analyzes European integration from a constitutional economics perspective. It is argued that the use of the Prisoners' Dilemma as a description of the advantages of European integration is fallacious. If the situation is a PD, the solution is impossible; if it is not, it is unnecessary.
Persistent link: https://www.econbiz.de/10009644912
Policy frameworks of the IMF, the World Bank, and the EU are discussed in order to come up with criteria of macroeconomic and financial stability and sustainability for Future Member States of the EU (candidate and potential candidate countries). The key deficiency of the EU policy framework is...
Persistent link: https://www.econbiz.de/10009649601
Persistent link: https://www.econbiz.de/10008776192
Persistent link: https://www.econbiz.de/10008776370
We investigate the possible explanations of variations in aggregate levels of participation in large-scale political demonstrations. A simple public choice inspired model is applied to data derived from the annual May Day demonstrations of the Danish labour movement and socialist parties taking...
Persistent link: https://www.econbiz.de/10008784949
Each democratic nation with the Montesquieu Trias Politica separation of powers of the Executive, Legislative and Judiciary branches of government is advised to create an Economic Supreme Court as a fourth branch. The new UK Office for Budget Responsibility (OBR) falls short of that and will...
Persistent link: https://www.econbiz.de/10008784953
It is obvious that even though modern public choice theories, which were first developed for Western pluralistic societies (society-centred), might have highlighted many hidden subjects in developing countries such as rent-seeking, corruption, strong state tradition, undemocratic decision...
Persistent link: https://www.econbiz.de/10008788404