Similar Search Results

Sovereign Debt, Private Wealth, and Market Failure

Lienau, Odette - 2021

This Article argues that the norms and legal practices of global finance in the arenas of sovereign debt and private wealth have led to a significant market failure, in particular the over-supply of sovereign borrowing and a related misallocation of global capital away from its most productive...

Persistent link: https://www.econbiz.de/10013248174

The Non-Freedom of Foreign Intervention

Duncan, Thomas K. - 2023

This chapter highlights the challenges and potential negative effects that foreign intervention may hold for the classical liberalism and libertarianism. Foreign intervention is the use of the discretionary power of a government in one society to address the perceived problems in foreign...

Persistent link: https://www.econbiz.de/10014264064

The unstable foundations of political stability in Chad

Eizenga, Daniel - 2018

Chad has emerged as an important counter-terrorism partner in the Lake Chad Basin and the broader Sahel-Sahara region due to its recent political stability and military contribution to security efforts in these troubled zones. However, a closer look at developments in domestic politics, notably...

Persistent link: https://www.econbiz.de/10011853755

War, Trade, and Mercantilism : Reconciling Adam Smith's Three Theories of the British Empire

Weingast, Barry R. - 2018

Adam Smith proposed three contradictory theories of the British Empire in the Wealth of Nations. The first view holds that the empire was created for merchants eager to monopolize the colonial trade. Smith concludes that “Great Britain derives nothing but loss” from the colonies. In the...

Persistent link: https://www.econbiz.de/10012934675

Are Oligarchs Productive? Theory and Evidence

Gorodnichenko, Yuriy; Grygorenko, Yegor - 2008

This paper develops a partial equilibrium model to account for stylized facts about the behavior of oligarchs, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are more likely than other owners to invest in productivity...

Persistent link: https://www.econbiz.de/10014068763

Are Oligarchs Productive? Theory and Evidence

Gorodnichenko, Yuriy; Grygorenko, Yegor - 2021

Persistent link: https://www.econbiz.de/10013325175

Options for transporting Russian gas to Western Europe : a game-theoretic simulation analysis

Chollet, Andreas; Meinhart, Berit; Hirschhausen, … - 2001

transiting countries, namely Ukraine and Belarus. The development of a new transit corridor through Belarus (the Yamal …-Europe pipeline), depriving Ukraine of its former monopoly, has modified the situation profoundly. The thrust of the paper is an … analysis of nthe strategies that Ukraine and Belarus may pursue in transiting Russian gas: non-cooperative duopoly, cooperative …

Persistent link: https://www.econbiz.de/10009492269

Options for transporting Russian gas to Western Europe : a game-theoretic simulation analysis

Chollet, Andreas (contributor) - 2001

Persistent link: https://www.econbiz.de/10013360283

Peace Dividends in a Trade-Theoretic Model of Conflict

Lahiri, Sajal - 2011

We construct a trade-theoretic model for three open economies two of which are in conflict with each other and the third is the source of foreign investments to the two warring countries. War efforts -- which involve the use of soldiers -- is determined endogenously. The purpose of war is the...

Persistent link: https://www.econbiz.de/10013122354

Reciprocity in the Ftaa : The Roles of Market Access, Institutions and Negotiating Capacity

Nogues, Julio J. - 2003

The benefits of the FTAA to Latin American countries will materialize through two channels: improved access to the region's markets, and enhanced growth prospects through the strengthening of basic economic institutions. Furthermore, the importance of these negotiations is heightened by the fact...

Persistent link: https://www.econbiz.de/10014074762

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