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The article explores the spin-off effect controversy surrounding the role of military spending in economic development by investigating its impact on output in six industries linked to the military. The article's econometric investigation does not support the case for spin-off effects. The...
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This paper engages with sustainability in higher education, based on working in transformative education with undergraduate engineers and in academic staff development at several Australian universities. It argues that we need to replace 'growth' as our guiding metaphor, with alternatives such...
Persistent link: https://www.econbiz.de/10010816729
The World Trade Organization (WTO) is a product of the General Agreement on Tariffs and Trade (GATT). The WTO was created in the last round of negotiations (Uruguay Round, 1986-94) to provide a stronger set of institutions to administer the various agreements negotiated under the GATT framework....
Persistent link: https://www.econbiz.de/10005334100
This article explores the relationship between public investment and growth among 56 low and middle income nations during the 1980s. The theoretical grwoth iterature emphasizes that initial increments of public capital raise growth but, at some point, additional increments of public capital...
Persistent link: https://www.econbiz.de/10009220851
The article explores the effects of public expenditures on growth among 73 countries over the 1970-89 period. While much of the literature attributes weak growth to public investment and social expenditures which inhibit growth through crowding-out and rent-seeking, the article highlights the...
Persistent link: https://www.econbiz.de/10009224624
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Can multilateral trade agreements still work? One of the advantages is that such agreements are open to a wide range of nations and fewer nations are discriminated against. The author argues that even though developing nations did not get what they wanted in the controversial Doha Round in 2004,...
Persistent link: https://www.econbiz.de/10005543885
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All the headlines say that the Doha Round of World Trade Organization trade negotiations have collapsed. Some are betting, however, that talks will resume. The main conflicts are over trade. But Trish Kelly thinks that progress can be made in other critical areas.
Persistent link: https://www.econbiz.de/10005818575