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In this paper we point to special problems faced by economists in 'peripheral' fields (like development economics), particularly those at early stages of their career, in publishing their research results in mainline journals, and how this creates a kind of vicious circle that may be damaging to...
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It is sometimes argued that political competition yields benefits to the citizens just as competition in economic markets yields benefits to consumers. We consider the economic costs and benefits of political competition and find that the story is somewhat more complicated. We first review the...
Persistent link: https://www.econbiz.de/10005556020
In this paper we note that the institutional context (and therefore the structure of incentives and organization) in developing and transition economies is quite different from those in advanced industrial economies, and this necessitates the literature on decentralization in the context of...
Persistent link: https://www.econbiz.de/10005560698
The purpose of this paper is to restore some historical perspective by highlighting the many contributions of development economics to the rest of economics. We will point out to the younger generations how some of the glittering ideas they currently play with originally came from that...
Persistent link: https://www.econbiz.de/10005560779
In this paper we analyze the effects of wealth inequality on the provision of public goods and management of common-property resources (CPR) when there are market imperfections in inputs that are complementary in production to the collective good. We show that for public goods inequality impedes...
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