When the equilibrium of the economy depends on the coordinationof actions of a large number of agents the level of optimism can be-come a deciding factor. We propose an equilibrium selection processwhere the level of optimism is endogenously determined...

The subject of climate change has come to the forefront in recent years; it has come to represent one of the most important political priorities at a global level. This article illustrates the dimension of this problem, its causes, its impacts and the potential solutions which are being planned...

This volume shows that the public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure.

The concept of "public accountability" is a challenge for political science as a new concept in this area in full debate and developement ,both in theory and practice. This paper is a theoretical approach of displaying some definitions, relevant meanings and significance odf the concept in...

This volume shows that the public policy concerns are not accidental, because such industries often embody two major and widely recognized forms of potential market failure.

This paper analyses two main features of the financialisation period, namely: 1) the replacement of the 'originate and hold' banking model with the 'originate and distribute' banking model; 2) the securitisation process of structured finance products. These features have produced remarkable...

The days of buoyant capital investment, jobs, and wealth are passing Alberta by as the boom-and-bust cycle runs its course and the global climate crisis becomes more acute. As the province scrambles to boost the dying oil economy and curb spending, one solution is all but ignored—a sales tax....