The contemporary financial crisis has transformed into economic crisis. The occurrence of financial crises has encouraged the emergence of a kind of routine which guarantees the stability of a government's bailout programmes implemented through the banking sector in support of de-facto bankrupt...

After the collapse of the Communist regimes and their command economies, the countries of the former Soviet Union found themselves with only a very small amount of goods to supply to the global market. There was no way that they could have existed in an economy of this type that is nothing more...

The rise of digital platforms through which labour is bought and sold is transforming the world of work and challenging the existing regulatory regimes that govern it. Depending on one's point of view, Uber has become the poster child or bête noir of this transformation, challenging traditional...

This paper estimates the relationship between various sub-indicators of economic freedom and life satisfaction for 122 countries. The estimation results show that life satisfaction is positively related to the quality of the legal system and protection of property rights. For poor countries,...

The lack of anticipation of a worldwide disruptive event such as the spread of the COVID-19 combined with the breakdown of market mechanisms for the most essential products needed to fight the disease left the governments of many countries unsure of how to react and, often, constrained their...

This chapter provides an overview of empirical developments and scholarly debates concerning global CSR standards. Although global CSR standards are by no means the totality of CSR, they are arguably its most prominent, visible and well-recognized manifestations. These standards include the UN...

Does political corruption erode civic values and foster dishonest behaviour? This paper tests this hypothesis – using Mexico as an example – by combining data on local government corruption and cheating in school tests. Results show that, following revelations of corruption by local...

Does political corruption erode civic values and foster dishonest behaviour? I test this hypothesis in the context of Mexico, by combining data on local government corruption and cheating in school tests. I find that, following revelations of corruption by local officials, cheating in cognitive...

The paper examines the rise fall and rise of the Liberal International Economic Order over the last 150 years, and critically examines the various hopes and fears in developed and developing countries that this most recent global integration is raising