Definitions or approaches to sustainable growth are numerous, varied and often controversial. Despite, the three priorities (smart, sustainable and social growth) of Europe 2020â€(tm)s strategy, there are fears that the Lisbon Agenda could place sustainable development beneath an over-arching...

L’obiettivo del nostro apporto è quello di fornire un’analisi critica degli apporti della letteratura sulle spese militari, a partire dalle analisi formulate da Benoit nel 1972, per poi distinguere tra i diversi filoni che si sono susseguiti. In particolare, sono stati presi in...

El artículo somete a prueba dos hipótesis: la que expone conceptos tradicionales del tipo congelar la dinámica campo-ciudad o conservar al campesino en el campo explotando áreas mínimas y la modernista, que utiliza conceptos económicos del tipo tiempo de trabajo socialmente necesario,...

Rural youth outmigration is a phenomenon that can change the agricultural landscape of farming communities. The Philippines has witnessed an unprecedented youth exodus from rural to urban areas in past decades. This paper explored this issue in rice farming communities in two Philippine...

We derive and discuss a general, but simple geographical economics model with congestion, allowing us to explain the economic viability of small and large locations. The model generalizes some previous work and lends itself to analyzing the impact of public policy in terms of infrastructure...

This discussion paper has resulted in a chapter in: (R.U. Ayres, D. Simpson, and M. Toman (eds.)), Scarcity and Growth in the Millennium, 2005, Resources for the Future, Washington DC, 177-97.

Total Factor Productivity (TFP)is often used on the macro-economic level as an indicator of changes in efficiency of a country. In many transition economies TFP is seen to have been negative the last decade of the plan economy and starts increasing and become positive after a (quite a) few years...

Given limited research on monetary policy rules in emerging markets, this paper challenges the applicability of a nonlinear Taylor rule in characterizing the monetary policy behavior of the Brazilian Central Bank. It also investigates whether and how the process of setting interest rates has...

I analyze the basis of the market economy in classical Rome, from the perspective of personal-versus-impersonal exchange and focusing on the role of the state in providing market-enabling institutions. I start by reviewing the central conflict in all exchanges between those holding and those...

This paper is the third installment in a series (the first and second editions were in 2001 and 2005) that traces a long-term growth failure in most of the world's countries.