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Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture is measured by indicators of individual values and beliefs, such as trust and respect for others, and confidence in individual self-determination. To isolate the exogenous...
Persistent link: https://www.econbiz.de/10013318438
This is an updated and extended version of the University of Luxembourg Law Working Paper 2020-008 of 02/10/2020 (https://ssrn.com/abstract=3597657) which puts the European policy response to COVID-19 into context with the European sustainable finance action plan.This chapter argues that the...
Persistent link: https://www.econbiz.de/10013229219
Jürgen Habermas has recently warned that the sovereign debt crisis in Europe is transforming democratic governments into ‘economic government' threatening not only economic disaster but the end of the world's first supranational project — the European Union. And, according to Habermas,...
Persistent link: https://www.econbiz.de/10012974763
This is a paper written in 1999, published in 2000, being unaware of the Glass–Steagall Act, which was just signed into law by Bill Clinton, which was aiming at speeding up globalization, and which Joseph Stiglitz and others want it to have corroborated the financial crises of 2007-2009. Yet,...
Persistent link: https://www.econbiz.de/10012983449
With the benefit of hindsight it becomes easier to appraise the historical significance and impact of the European revolutions of 1989. By a privileging a global point of view, it becomes possible to leave behind the prevalent perspective of 1989 as a regional transition of Central Europe only....
Persistent link: https://www.econbiz.de/10012723306
Amidst considerable debate on the relationship between entrepreneurship and economic inequality, scholarship only … indirectly addresses how entrepreneurship informs individuals' relative well-being. We theorize on the nuanced relationship … between entrepreneurship and equality of eudaimonic well-being through the lens of New Institutional Economics. Drawing on …
Persistent link: https://www.econbiz.de/10012660133
The objective of this paper is to explain populist attitudes that are prevailing in a number of European democracies. Populist attitudes expectedly lead to social protests and populist votes. We capture the populist wave by relying not on voting behavior but rather on values that are...
Persistent link: https://www.econbiz.de/10012826060
Persistent link: https://www.econbiz.de/10011695731
Persistent link: https://www.econbiz.de/10004998656
Amidst considerable debate on the relationship between entrepreneurship and economic inequality, scholarship only … indirectly addresses how entrepreneurship informs individuals’ relative well-being. We theorize on the nuanced relationship … between entrepreneurship and equality of eudaimonic well-being through the lens of New Institutional Economics. Drawing on …
Persistent link: https://www.econbiz.de/10013324194