Contacts and the way they are organized in di¤erent economic systemsmatter for the economy. In this paper we introduce the notion of Relational Capital to model contacts. Contacts are an input into sold output in our macro model based on matching theory (Pissarides, 1990). We argue that the...

This paper focuses on both expanding and refining the analytical scope of the “social†(or non-economic) aspects of chronic poverty, and thereby, to enhance efforts to respond more effectively to it. The argument in this paper proceeds as follows. In recognizing that poverty is...

Thus, the strategies of the firm, are responsible for the harmonization of the results, and for the exigency of the parties concerned in the life of the firm: stockholders, accounts payable, state. We analised all the specified and typological gamma of diversification strategies, strategic...

While traditional theories of legitimacy have focused on the nation‐state, authoritarian regimes and democracies alike seek legitimation not only in the domestic realm but also from international sources. This paper argues that the degree to, and the form in, which they do so depend on the...