Economics Commons^™

Pro Farmer, Pro Industry Land Acquisition Act, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Review Of "Rethinking Asia’S Economic Miracle: The Political Economy Of War, Prosperity And Crisis", Su-Mei Ooi

Su-Mei Ooi

The article reviews the book Rethinking Asia’s Economic Miracle: The Political Economy of War, Prosperity and Crisis by Richard Stubbs.

R. Blake Brown. Arming And Disarming: A History Of Gun Control In Canada., William G. Merkel

William G. Merkel

No abstract provided.

Response To Questions In The First White Paper, 'Modernizing The Communications Act', Randolph J. May, Richard A. Epstein, Justin (Gus) Hurwitz, Daniel Lyons, James B. Speeta, Christopher S. Yoo

Daniel Lyons

The House Energy and Commerce Committee has begun a process to review and update the Communications Act of 1934, last revised in any material way in 1996. As the Committee begins the review process, this paper responds to questions posed by the Committee that all relate, in fundamental ways, to the question: "What should a modern Communications Act look like?" The Response advocates a "clean slate" approach under which the regulatory silos that characterize the current statute would be eliminated, along with almost all of the ubiquitous 'public interest' delegation of authority found throughout the Communications Act. The replacement regime …

Labor Standards And South Korean Employment Practices In North Korea, Marcus Noland

Marcus Noland

By 2012, South Korean firms employed more than 50,000 workers in North Korea. This paper examines whether their employment practices are likely to encourage North Korea’s transition. Survey data indicate that the North Korean government has successfully circumscribed exposure of North Korean citizens both to South Koreans, and to more market-oriented economic practices. South Korean investment in North Korea may well be beneficial for both the firms and workers involved, but evidence of the sort of broader spillovers that proponents of engagement sometimes assert is not evident. The possibility of using voluntary labor codes to promote transformation is then examined.

Life Sciences Innovation As A Catalyst For Economic Development: The Role Of The Massachusetts Life Sciences Center, Barry Bluestone, Alan Clayton-Matthews

Alan Clayton-Matthews

No abstract provided.

Economics Of Federalism, Daniel L. Rubinfeld, Robert P. Inman

Daniel L. Rubinfeld

Why Was The Democratic Transition In South Africa Viable, Daniel L. Rubinfeld, Robert P. Inman

Daniel L. Rubinfeld

No abstract provided.

Default Without Capital Account: The Economics Of Municipal Bankruptcy, Lotta Moberg, Richard E. Wagner

Lotta Moberg

This paper analyzes the concept of municipal bankruptcy in a comparative framework with commercial bankruptcy. Cities are corporate bodies that continue to exist despite the ever changing identities of the residents. The common designation of cities as municipal corporations suggests an affinity between them and commercial corporations that would offer a bridge between commercial and municipal bankruptcy. Despite this apparent affinity, however, there are significant institutional differences between the two forms of corporation that prevents construction of such a bridge. Commercial bankruptcy allows both creditors and debtors to resolve problems that emerge in consequence of a debt default, and to …

Cursed Resources? Political Conditions And Oil Market Outcomes, Gilbert E. Metcalf, Catherine Wolfram

Gilbert E. Metcalf

We analyze how a country’s political institutions affect oil production within its borders. We find a pronounced negative relationship between political openness and volatility in oil production, with democratic regimes exhibiting less volatility than more autocratic regimes. This relationship holds across a number of robustness checks including using different measures of political conditions, instrumenting for political conditions and using several measures of production volatility. Political openness also affects other oil market outcomes, including total production as a share of reserves. Our findings have implications both for interpreting the role of institutions in explaining differences in macroeconomic development and for understanding …

Some Facts About Smart Cities, Roberta De Santis, Alessandra Fasano, Nadia Mignolli, Anna Villa

Roberta De Santis

Greece, Financialization And The Eu: The Political Economy Of Debt And Destruction Vassilis K. Fouskas And Constantine Dimoulas Palgrave Macmillan (Basingstoke, Hampshire, 2013), Xxv + 245 Pp. Isbn: 978-1-137-27344-4, Nicos Trimikliniotis

Nicos Trimikliniotis

This is a book review of a splendid book by Fouskas and Dimoulas. The shifts the story from the micro to the macro, from geopolitics to the economy, and from class to political protagonists. Overall, this greatly adds to the book’s depth of analysis and the shifting is successful as the authors integrate and synthesise their text by presenting the whole book as a constant shifting game. The book unfolded like a novel with a vast amount of empirical data – economic and sociological. The crisis in Greece, or better, the crisis of Europeanism and global financialization as experienced in …

Microfoundations Of The Rule Of Law, Gillian K. Hadfield, Barry R. Weingast

Gillian K Hadfield

Many social scientists rely on the rule of law in their accounts of political or economic development. Many however simply equate law with a stable government capable of enforcing the rules generated by a political authority. As two decades of largely failed efforts to build the rule of law in poor and transition countries and continuing struggles to build international legal order demonstrate, we still do not understand how legal order is produced, especially in places where it does not already exist. We here canvas literature in the social sciences to identify the themes and gaps in the existing accounts. …

Moving Beyond Boycotts: Strategies For Shared Responsibility In The Collegiate Apparel Industry, Scott Kelley

Scott Kelley

A Volatility-Based Theory Of Fiscal Union Desirability, Jaime Luque, Massimo Morelli, José Tavares

Jaime P. Luque

Did The Euro Change The Effect Of Fundamentals On Growth And Uncertainty?, Jaime Luque, Abderrahim Taamouti

Jaime P. Luque

Slowing Trade: Global Activism Against Trade Liberalization., Mario Pianta

Mario Pianta

The impact of global activism against trade liberalisation is examined in this article through an analysis of the initiatives of cross border civil society networks and with a particular attention to the failed 2003 WTO Ministerial Conference in Cancun. Key aspects considered here include the internal dynamics of mobilisation – which was characterised by a strong framing and widespread protest - and the political opportunities in WTO negotiations, which were marked by divisions within the North and resistance by a large group of Southern governments. In the failure of the WTO Millennium Round in Cancun and the loss of momentum …

La Agenda Nacional Del Plan De Acción De México Ante El Open Government Partnership (Ogp), Juan Jaime Mesina, María Gabriela Gildo

Juan Jaime Mesina

The (Small) Blessing Of Foreign Aid: Further Evidence On Aid's Impact On Democracy, John Thornton

John Thornton

In an empirical contribution to the literature of foreign aid, we estimate the impact of foreign aid on democracy in a panel of 93 developing economies during 1971–2010. We find that foreign aid promotes democracy, with the result robust to different estimation methodologies and control variables and to instrumenting for foreign aid.

The Mask Of Virtue: Theories Of Aretaic Legislation In A Public Choice Perspective, Donald J. Kochan

Donald J. Kochan

Corporate Social Responsibility In A Remedy-Seeking Society: A Public Choice Perspective, Donald J. Kochan

Donald J. Kochan

Written for the Chapman Law Review Symposium on “What Can Law & Economics Teach Us About the Corporate Social Responsibility Debate?,” this Article applies the lessons of public choice theory to examine corporate social responsibility. The Article adopts a broad definition of corporate social responsibility activism to include both (1) those efforts that seek to convince corporations to voluntarily take into account corporate social responsibility in their own decision-making, and (2) the efforts to alter the legal landscape and expand legal obligations of corporations beyond traditional notions of harm and duty so as to force corporations to invest in interests …

The Mutual Gains From Trade Moderate The Parent-Offspring Conflict, Sergio Da Silva

Sergio Da Silva

This essay asserts that the mutual gains accruing from the exchange of goods between siblings can moderate the famous parent-offspring conflict, an issue of interest in evolutionary biology. The rationale combines basic concepts of economics and behavioral genetics, and fills in the gaps of standard economic theory by justifying why trade, ultimately a cooperative endeavor, is possible from egoistic utility maximizers.