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This chapter considers macroeconomic aspects of violence. It moves beyond the usual focus on war to argue the economic … importance of all forms and aspects of armed and unarmed violence. Violence refers to acts of self-harm, interpersonal violence …, and collective violence. Self-harm includes suicide; interpersonal violence includes organized criminal violence as well …
Persistent link: https://www.econbiz.de/10008470322
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and higher than all other English-speaking nations. This paper questions that assessment. It reviews work on the economics of happiness, considers implications for policymakers,...
Persistent link: https://www.econbiz.de/10010267314
“If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.” (Keynes, 1931). Then macroeconomics would transform into a useful and routine type of engineering, which will prevent the emerging of recessions. However,...
Persistent link: https://www.econbiz.de/10011259036
Compared regionally, Republic of Macedonia has one of the highest levels of grey economy activity. According to some estimations, it accounts for about 40% of GDP. This high level of grey economy has a direct influence to the main economic indicators, categories and instruments for macroeconomic...
Persistent link: https://www.econbiz.de/10011259580
This paper examines some of the economic issues that could be relevant to Mexico’s July 1st presidential election. These include the short-term impact of the 2008-2009 recession and recovery; the longer-term record of Mexico’s economy since the Partido Acción Nacional (PAN) party took power...
Persistent link: https://www.econbiz.de/10010556769
Outside observers could be forgiven for expecting Ecuador to suffer terribly during and after the recent global crisis. Two of the country’s largest sources of foreign earnings, petroleum exports and remittances from abroad, crashed during the global recession. Furthermore, lacking its own...
Persistent link: https://www.econbiz.de/10010556772
This paper looks at Ecuador’s financial and regulatory reforms during the past five years, perhaps the most comprehensive of any country in the 21st century: taking control over the central bank, regulating capital outflows, taxing the financial sector, encouraging domestic investment and...
Persistent link: https://www.econbiz.de/10010641403
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and higher than all other English-speaking nations. This paper questions that assessment. It reviews work on the economics of happiness, considers implications for policymakers,...
Persistent link: https://www.econbiz.de/10005822440
Undue emphasis on short-term macroeconomic goals in transition countries impedes structural change, often resulting in a deterioration of achieved macroeconomic outcomes. Repeated attempts at stabilization are then required and structural reforms become more urgent, and more costly. Many of...
Persistent link: https://www.econbiz.de/10008549665
The paper presents a shortened version of Finance Minister Jiri Rusnok’s addresses to the lower house of the Czech Parliament in which he sketched the main macroeconomic, political and financial assumptions of the government’s 2002 state budget proposal. As the government’s proposal was...
Persistent link: https://www.econbiz.de/10008549803