Governments of rich nations tend to have high fiscal capacity while being credibly limited in their use of revenues (Johnson and Koyama 2017). This poses a puzzle. A government powerful enough to effectively enforce property rights under the rule of law is also powerful enough to prey upon the...

While it is now well-established in the literature that countries with better policies and institutions, as measured by the Economic Freedom of the World (EFW) index, have better outcomes in terms of prosperity, growth, and measures of human well-being. However, we know little about the process...

China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this dramatic period, but few have attempted to provide a coherent, in-depth, politicaleconomic framework that explains the fundamental mechanisms behind China’s rapid...

Bulgarian Abstract: Социалната политика на дадена държава е съвкупност от специфични дейности, които целят да регулират социалните отношения между различни по своето...

A country's political and economic institutions are critical for economic prosperity. The literature abounds with institutional measures, precisely because institutions are not one dimensional. We use panel-unit-root and cointegration tests to examine the time-series properties of several...

The entire diversity of assessments made by various subjects, going through certain procedures and stages in the assessment process, turns into resultant (final) assessments. As a rule, the organizational assessment process of the final information can serve as a basis of certain important...

In the last decade the concept of development and promotion of social economy and social entrepreneurship are part of EU policy to tackle the social exclusion of persons in a vulnerable position. Also, the model of social economy is one of the key instruments for achieving social objectives...

The consideration of contemporary understanding of capitalism is a huge challenge marked by the peculiarities of development of nations and regions in last centuries of tremendous changes and turning points in historical and socio-economic development. Discussing the role of state and civil...

Over thirty years have passed since the Bhopal chemical disaster began, and in that time scholars of corporate social responsibility (CSR) have discussed and debated several frameworks for improving corporate response to social and environmental problems. However, CSR discourse rarely delves...