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Some blame free-market capitalism for increasing income inequality, arguing that the richer classes could block access … inequality rises with high growth. We assess the issue by examining the effects of an Index of Economic Freedom on income … covering 128 developing countries during the 1990-2017 period. Our results show, that even if economic freedom associated with …
Persistent link: https://www.econbiz.de/10013290127
As the COVID-19 pandemic wreaked havoc along Global Value Systems (GVSs) and India's domestic economic crisis deepened, the already struggling Indian Automotive sector incurred huge losses owing to both demand and supply side factors. In fact, the sector has been under significant strain over...
Persistent link: https://www.econbiz.de/10014309561
The empirical work in Thomas Piketty's Capital in the Twenty First Century is simply breathtaking, but his use of the terms capital and marketable wealth interchangeably leads us to consider the implications of distinguishing between them, and calls our attention to important issues that deserve...
Persistent link: https://www.econbiz.de/10013054825
shares common concerns in understanding the institutional foundations of diverse national 'varieties' of capitalism. One … politics that draws upon a theory of coalitional dynamics and the impact of particular rule-making processes that governs …
Persistent link: https://www.econbiz.de/10012717023
shares common concerns in understanding the institutional foundations of diverse national 'varieties' of capitalism. One … politics that draws upon a theory of coalitional dynamics and the impact of particular rule-making processes that governs …
Persistent link: https://www.econbiz.de/10014057879
Persistent link: https://www.econbiz.de/10011391940
Persistent link: https://www.econbiz.de/10009781224
-term perspective, looking at the different stages through which capitalism evolves. In other words, what is needed is a Schumpeterian … elements in understanding the capitalist "new economy." This refers to his perceptive diagnosis of "money manager capitalism …," the new form of capitalism that came from the womb of the Keynesian era itself. It collapsed a first time with the dot …
Persistent link: https://www.econbiz.de/10010457216
-classical' incarnation, which describes American and British liberal capitalism, and the more ‘balanced' economic liberalism that evolved in … Canada and Australia. In large part, these were a product of the way that liberal economic theory was understood and …
Persistent link: https://www.econbiz.de/10013120419
This article contributes to the debate on employer preferences. It challenges varieties of capitalism's argument that … Timbro, think-tanks sponsored by German and Swedish employers to shape public opinion. In line with power resource theory, I …
Persistent link: https://www.econbiz.de/10012934987