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An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries.This is in contrast with neoclassical theory, according to which trade should increase therelative return of the...
Persistent link: https://www.econbiz.de/10008860714
For over a decade, The Wall Street Journal and The Heritage Foundation, Washington's preeminent think tank, have tracked the march of economic freedom around the world with the influential Index of Economic Freedom. Since 1995, the Index has brought Smith's theories about liberty, prosperity and...
Persistent link: https://www.econbiz.de/10005842813
In this paper we question the consensus of using a binary crisisdefinition for empirical crisis models. We believe that the most severeshortcomings of the crisis models today are in the crisis definition rather than the explanatory variables ...
Persistent link: https://www.econbiz.de/10005843732
One of the most contentious issues in Chinese history has been the assessment of foreign involvement in the Chinese economy since the end of the nineteenth century. Following Allen and Donnithorne's 1954 publication Western Enterprise in Far Eastern Economic Development which claimed the limited...
Persistent link: https://www.econbiz.de/10005870788
’s)industrialisation, and how it eventually came to underpin the courseof Japanese imperialism and aggression in the 1930s.The Western impact on … development of mines andplantations. In this story imperialism functioned as an institutionaldevice to ensure trade and capital … specifically British position of imperialism offree trade, see Gallagher and Robinson 1953). Modern politicalideas and legal …
Persistent link: https://www.econbiz.de/10005870839
This paper reviews recent revisionist studies of imperialism that demonstrate the complexities behind the late Qing … role of globalization adds another dimension to understanding how imperialism engaged late Qing China's public finance …
Persistent link: https://www.econbiz.de/10005870840
Jon Elster gehört zu den profiliertesten Sozialwissenschaftlern der internationalen‚scientific community’. Der vorliegende Beitrag entwickelt eine Lesart für sein bisher vorliegendes Gesamtwerk: In einem ersten Schritt wird Elsters Kritik an funktionalistischen Fehlschlüssen in den...
Persistent link: https://www.econbiz.de/10005860107
Nobuko Inagawa has written an excellent paper on the relevance of Japanese experiences for a successful integration of Central and Eastern European countries (CEECs) into the world economy. Talking about the case of Japan is particularly interesting - and potentially controversial - compared...
Persistent link: https://www.econbiz.de/10005841472
In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. Idescribe how the book is an economic history of the period from 1850-1950, withdistinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show howeconomists work, but also...
Persistent link: https://www.econbiz.de/10009486990
The robust empirical finding that exporting firms are systematically different from firms thatmerely serve domestic consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The establishment of a canonical modeldue to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10009522197