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Daß die Sowjetunion zusammenbrechen und Deutschland wieder vereint werden würde, hat vor1989 eigentlich niemand geglaubt. Das Buch des russischen Dissidenten Amalrik "Kann dieSowjetunion das Jahr 1984 überleben" wurde ähnlich wie Weltuntergangsprognosen religiöserSekten belächelt, obgleich...
Persistent link: https://www.econbiz.de/10005866156
[...]We begin by discussing the so-called first generation ofmodels, in which crises are viewed in the literature as theunavoidable result of unsustainable policies or fundamentalimbalances. Next, we survey the literature on the secondgeneration of models, which highlights the possibility of...
Persistent link: https://www.econbiz.de/10005869910
The Great War of 1914-18 constituted a major rupture for the economies of Europe in several respects. It marked the end of almost a century of uninterrupted economic growth. It ended a long period of near-universal currency stability, and set in motion a painful process of de-globalisation. It...
Persistent link: https://www.econbiz.de/10005870493
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
Stuart Mill's nineteenth, these might be described as the science of political economy and the art of economic governance …. The former aimed to describe the workings of the economy and reveal its governing laws while the latter was concerned with …
Persistent link: https://www.econbiz.de/10005870748
This paper discusses some aspects of the changing relationship between thestudy of economic history and development economics. Forty years ago thesubjects seemed to be quite closely linked in the sense that senior figuresstraddled both areas, the development history of the advanced countries...
Persistent link: https://www.econbiz.de/10005870756
: its recipesfor development, its possibilities of measurement, and fromdifferences in political economy. These dimensions … their own mission to makethe new economy. This story of mutable mobiles is revealed in thedetailed diary entries of the …,these local facts and choices had to be made consistent with eachother and with the projected future of the economy as a whole …
Persistent link: https://www.econbiz.de/10005870893
This paper uses data on elected village councils in South India to examinethe political economy of public resource …
Persistent link: https://www.econbiz.de/10009138493
improve. We discuss the implications for optimal policy andthe political economy of policy reform.[...] …
Persistent link: https://www.econbiz.de/10009138497