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Articles 1 - 7 of 7
Full-Text Articles in Economic History
Government Economists As ‘Global Economists’”, Giulio M. Gallarotti
Government Economists As ‘Global Economists’”, Giulio M. Gallarotti
Giulio M Gallarotti
With the advent of globalization, economists that serve the U.S. government have had to become more sensitized to the greater internationalization of the challenges facing America's leaders. As this globalized world has turned domestic issues into international issues, the analysis of U.S. government economists has had to concomitantly become more internationalized. Only through such a broad analytical perspective can government economists best understand issues and solve problems in a globalized world.
Toward A Knowledge Economy In Saudi Arabia, Giulio M. Gallarotti, Essam Elfalily, Osama Tayyeb
Toward A Knowledge Economy In Saudi Arabia, Giulio M. Gallarotti, Essam Elfalily, Osama Tayyeb
Giulio M Gallarotti
Nations that have sought to overcome the resource curse and other barriers to economic growth have for some time sought greater development through a number of strategies: from import substitution in the 1950s to current strategies based on microfinance and human-capabilities approaches. Needless to say, the international community is still searching for the elusive Holy Grail of the optimal development strategy. One strategy that is gaining greater attention and adherents is that of promoting a transition to a knowledge economy. This paper is about one such nation: Saudi Arabia. In analyzing the Kingdom’s quest for a knowledge economy, this article …
Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti
Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti
Giulio M Gallarotti
No abstract provided.
Hegemons Of A Lesser God: The Bank Of France And Monetary Leadership Under The Classical Gold Standard, Giulio M. Gallarotti
Hegemons Of A Lesser God: The Bank Of France And Monetary Leadership Under The Classical Gold Standard, Giulio M. Gallarotti
Giulio M Gallarotti
Conventional theories of international hegemony all agree on the fact that the stabilizing functions of hegemons (i.e., nations which use their power to maintain orderly relations in a given issue-area) are positively correlated with their power. The public goods logic upon which this vision is founded posits that as any potential leader becomes more powerful in a given issue area, it will increasingly see its own welfare as synonymous with order in the entire constellation of relations within the issue area itself, and consequently have an incentive to provide the necessary public goods (i.e., the components of stability) to bring …
The Rise Of The Classical Gold Standard: The Role Of Focal Points And Synergistic Effects In Spontaneous Order, Giulio M. Gallarotti
The Rise Of The Classical Gold Standard: The Role Of Focal Points And Synergistic Effects In Spontaneous Order, Giulio M. Gallarotti
Giulio M Gallarotti
This paper presents a theory of the invisible hand in homogeneous spontaneous orders. It does so by answering three fundamental questions: How do spontaneous orders arise? How are they consolidated? Why do they last? Spontaneous order is conceptualized as a solution to problems of cooperation (i.e., state-of-nature and coordination problems) within variable-sum games in decentralized environments. The processes which solve such cooperation problems must be effective in overcoming various obstacles deriving from limited information, uncertainty, and transaction costs. In the emergence or origin of spontaneous order, certain rules will be selected over others because of social-psychological dispositions (i.e., focal points) …
The Advent Of The Prosperous Society: The Rise Of The Guardian State And Structural Change In The World Economy, Giulio M. Gallarotti
The Advent Of The Prosperous Society: The Rise Of The Guardian State And Structural Change In The World Economy, Giulio M. Gallarotti
Giulio M Gallarotti
Over the last century there has been a fundamental change in the economic orientation of industrially advanced democracies, and this has had a pervasive impact on both their macroeconomies and their international economic relations. Put more starkly, changing expectations about prosperity and the role of government as an economic guardian have fundamentally reshaped the economic geography of the world economy. In humorous tone, it might even be called a cowardly new world, one in which societies refuse to brave the vagaries of unrestrained markets. This argument presents an alternative to traditional explanations of economics processes and relations in which scholars …
The Scramble For Gold: Monetary Regime Transformation In The 1870s, Giulio M. Gallarotti
The Scramble For Gold: Monetary Regime Transformation In The 1870s, Giulio M. Gallarotti
Giulio M Gallarotti
No abstract provided.