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This paper surveys some of the important literatures on financial, economic and social systems with an eye towards explaining the tendencies towards 'financialisation'. We focus on important strands of this literature: the French Regulation School, the US-based Social Structures of Accumulation...
Persistent link: https://www.econbiz.de/10010242863
Today's most pressing constitutional question is posed by a global economic system whose expansive tendencies seem no longer controllable. The current financial/debt crisis has triggered diverse reactions in the political arena ranging from the reformist ordo‐liberal approach followed by...
Persistent link: https://www.econbiz.de/10013097626
The financial collapse of 2007 witnessed free fall of “debt-financed euphoria” caused by complex set of regulations and policies, enacted to direct modern capitalism. The action and policies of regulatory institutions facilitated financial institutions to indulge in risky lending and thus,...
Persistent link: https://www.econbiz.de/10013082190
the World (EFW) score is associated about 1/3 standard deviation increase in a country's labor share. Starting from the …
Persistent link: https://www.econbiz.de/10013088096
The present paper is part of unpublished book divided into three interrelated manuscripts that analyze the collapse of the Sudan. The theory introduced here is that the regime was built on kleptocratic framework. That enhanced a rapid transformation of the values' system of the country and...
Persistent link: https://www.econbiz.de/10014043955
The 'Beyond GDP' approach considers GDP (Gross Domestic Product) insufficient to capture the multidimensional nature of progress and promotes the use of alternative indicators in policy. Although commonly used as an indicator of well-being, GDP is a measure of economic performance, reflecting...
Persistent link: https://www.econbiz.de/10012954243
Regulatory theory assumes that national governments seek to constrain undesirable firm behavior, either through direct governmental oversight, or through oversight delegated to non-governmental organizations. We reverse that assumed relationship with the first study investigating when and how...
Persistent link: https://www.econbiz.de/10012863743
Tolerance is a distinguishing feature of Western culture: There is a widespread attitude that people should be allowed to say what they want even if one dislikes the message. Still, the degree of tolerance varies between and within countries, as well as over time, and if one values this kind of...
Persistent link: https://www.econbiz.de/10011312192
That liberty is necessary for greater happiness and a better life is a notion deeply rooted in the American sensibility. But is there a link between greater freedom and greater happiness across countries? In this article we explore this question by examining the empirical relationship between...
Persistent link: https://www.econbiz.de/10013083278
into ‘economic government' threatening not only economic disaster but the end of the world's first supranational project … ahead to new cosmopolitan possibilities freed from the twentieth century experiences of world war and economic depression …. What are at stake are the basic social arrangements created in the post-World War era for sharing the wealth, the burdens …
Persistent link: https://www.econbiz.de/10012974763