The labor theory of value in classical political economy, particularly as developed in Marx's Capital, has been the source of a number of interpretations and controversies. The purpose of this paper is to make an analytical distinction between two types of labor theories of value that can...

The main purpose of this paper is to clarify some important links between the Social Accounting Matrix and Fixed Price Multiplier(FPM) Models. The aim is expository. It is hoped that a brief but historically accurate background and description of SAM and SAM-based fixed price multiplier models...

This paper analyzes both global and regional approaches to solving problems of energy security and ecological imbalance by addressing specifically the problems of China's energy security. PRC's growing energy dependence has become a major concern for both economic and national security...

This paper starts with an initial gesture accepting the validity of many of the criticisms of modernity by some leading postmodern thinkers.From this initial position, it then evalutess the postmodernist positions themselves with regards to democracy and justice by paying careful attention to...

The main purpose of this paper is to offer a somewhat novel theory of deep democracy and economic justice. Part of the novelty consists in considering radical uncertainty and indeterminacy under postmodern conditions. I claim that even under such conditions a plausible theory of deep democracy...

The paper surveys selectively and analytically the implications of the various (macroeconomic) computable general equilibrium (CGE) models constructed for the purpose of integrating poverty analysis with the usual macroeconomic variables and relationships. It is found that a dual-dual production...

In this paper we present two new concepts for studying sustainability. The first is the idea of an environmentally adjusted surplus(ES). The classical concept of surplus is revised to approximate the total available discretionary income for the society under ordinary (capitalist) growth...

The paper uses a dualistic, compact and "generic" (macroeconomic) computable general equilibrium (CGE) model specially constructed for the purpose of investigating the implications of trade liberalization for poverty reduction in South Asia under different labor market specifications. The model...

This paper addresses the problems of reforming corporate governance in Asia in the post-crisis period through a theoretical analysis of corporate governance and a case study of reforms in Hong Kong. Theoretically, the concept of a family-based corporate governance system (FBS) is contrasted with...

This paper develops a critique of the standard principal-agent approach to corporate governance by developing the idea of a family based corporate governance system (FBS). FBS is contrasted with the bank-led system (BLS) and equity market based system (EMS). Both BLS and EMS are closely...