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Climate change, security and cost of energy supplies, and the competitiveness of firms and economies have been focal points of the general political and economic policy debate in recent years. This article examines the choices in this field made at global level with the Kyoto Protocol and in...
Persistent link: https://www.econbiz.de/10015225527
The Chinese state has integrated its economy into the neoliberal globalization of trade and investment without neoliberalizing its own financial markets, and to ensure stability, the state applies strict controls on interest rates, capital movement and the value of RMB. The Chinese state...
Persistent link: https://www.econbiz.de/10015226089
Zimbabwe, just like many other developing nations have failed to register a positive trade balance for the past decade. Zimbabwe, is then labelled a net-importer or a permanent net-importer, since imports have always been greater than exports. Despite differences in value of imports and exports,...
Persistent link: https://www.econbiz.de/10015261598
This paper describes the socio-economic adjustment effects exerted by globalization (taking as starting points competitive pressure, sectoral shifts, and financial market contagion) and discusses their relevance for domestic policy-making. I argue that these economic pressures and the resulting...
Persistent link: https://www.econbiz.de/10015231309
A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...
Persistent link: https://www.econbiz.de/10015261558
Theories of fiscal federalism state that the “redistribution branch” of the government should be attributed to the central level in order to prevent social policy competition. However, when preferences are diverse and production factors are not perfectly mobile decentral redistribution...
Persistent link: https://www.econbiz.de/10015220726
One can approximate the idea that political doctrines represent coherent sets of visions, principles and theses that enable the political organization and leadership of a country or groups of countries. In its content, a doctrine reflects a certain historical experience of humanity, based on...
Persistent link: https://www.econbiz.de/10015270022
In a two-sector general equilibrium model with pollution (arising from production) affecting the productivity, I examine in both autarky and trade equilibria the equivalence between tax and quota, that is, whether they can replace each other to achieve the same environmental goals. I show that...
Persistent link: https://www.econbiz.de/10015221657
E-waste problems related to trade in wastes and informal recycling in the developing countries address environmental, social, and economic effects. Moreover, given on multiple aspect considerations, it is found that currently recycling fragmentation trade presents. This paper first reviews the...
Persistent link: https://www.econbiz.de/10015223694
We consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology that uses fossil energy. However, these firms can adopt a clean technology that uses a renewable energy and that has a lower unit cost. Surprisingly,...
Persistent link: https://www.econbiz.de/10015234519