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Full-Text Articles in Political Economy

Debt Dilution And Sovereign Default Risk, Juan Carlos Hatchondo, Leonardo Martinez, Cesar Sosa Padilla Jan 2016

Debt Dilution And Sovereign Default Risk, Juan Carlos Hatchondo, Leonardo Martinez, Cesar Sosa Padilla

Leonardo Martinez

No abstract provided.


Fiscal Rules And The Sovereign Default Premium, Juan Carlos Hatchondo, Leonardo Martinez, Francisco Roch Jan 2016

Fiscal Rules And The Sovereign Default Premium, Juan Carlos Hatchondo, Leonardo Martinez, Francisco Roch

Leonardo Martinez

No abstract provided.


Impact Of Political And Economic Integration On Labour Mobility In The Arabian Peninsula, J. G. A. Saviranta Mar 2015

Impact Of Political And Economic Integration On Labour Mobility In The Arabian Peninsula, J. G. A. Saviranta

Akseli Saviranta

The main question that this work tackles is the extent of the impact that political and economic shifts might have had on the labour market structure and regulations.


The Political Economy Of Special Economic Zones, Lotta Moberg Jan 2015

The Political Economy Of Special Economic Zones, Lotta Moberg

Lotta Moberg

Special economic zones (SEZs) are a wide-spread and increasingly popular tool for economic growth. Big or small, secluded or isolated, they are areas where a government allows for different rules to apply than the rest of the country. Most commonly, this means granting fiscal privileges to investors in the zones. Exemptions from taxes, tariffs, and sometimes regulations mean that SEZs form islands of economic liberalization in a country. A common attitude to zones is therefore that while broader liberalization is preferred, SEZs always benefit a country as long as they bring about this marginal improvement. The skeptical view of SEZs …


Gravity Of Arms, Florian Johannsen, Inmaculada Martinez-Zarzoso Aug 2014

Gravity Of Arms, Florian Johannsen, Inmaculada Martinez-Zarzoso

Inma Martinez-Zarzoso

The main aim of this paper is to investigate the political determinants of international arms transfers. We distinguish between the decision to export arms (extensive margin) and the value of the arms exported (intensive margin). A theoretically-justified gravity model of trade augmented with political factors is estimated using a two-stage panel data approach for 104 exporting countries over the period of 1950 to 2007. For main political factors, we consider the level of democracy as well as the political orientation of the ruling governments in both of the trading partners. Furthermore, we account for political differences between trading partners, the …


The Sino-Centric Fault-Lines Of Turkish Geopolitics, Oğuz Dilek Dr. Apr 2013

The Sino-Centric Fault-Lines Of Turkish Geopolitics, Oğuz Dilek Dr.

Oğuz Dilek Dr.

Turkey has recently started to situate its security into a new geographical expanse with borders inching closer to the emerging China-centered world, and away from the European Peninsula. China by forming voluminous trade links with energy-rich Middle Eastern and Caucasian states has made the economic geography around Turkey’s borders appealing more than ever. Two outcomes lying face-to-face transpired from this new neighborhood. First, Turkey now enjoys an economic shelter that provides additional export outlets and foreign financial resources at a time of great distress in the West. Second, now Turkey’s material wellbeing is contingent on countries, such as Russia and …


The Dangers Of Diversity: Ethnic Fractionalization And The Rule Of Law, Michael Touchton Mar 2013

The Dangers Of Diversity: Ethnic Fractionalization And The Rule Of Law, Michael Touchton

Michael Touchton

Research linking ethnic cleavages to economic underdevelopment is a hallmark of recent efforts to explain economic growth. Similarly, the rule of law as a credible commitment to property rights and contract enforcement is also identified with economic development. Rather than treating these factors as rival explanations for economic development around the world, I propose the rule of law as the causal mechanism through which ethnic fractionalization (EF) influences growth in many countries. I argue ethnic diversity negatively impacts the rule of law due to the prevalence of ethnically-based patronage networks in developing countries. Public officials, I argue, face greater incentives …


Environmental Innovations, Internationalisation And Local Factors, Massimiliano Mazzanti, Giulio Cainelli, Sandro Montresor Jan 2013

Environmental Innovations, Internationalisation And Local Factors, Massimiliano Mazzanti, Giulio Cainelli, Sandro Montresor

Massimiliano Mazzanti

No abstract provided.


Are Environmental Innovations Embedded Within Organizational Change?, Massimiliano Mazzanti, Davide Antonioli, Susanna Mancinelli Jan 2013

Are Environmental Innovations Embedded Within Organizational Change?, Massimiliano Mazzanti, Davide Antonioli, Susanna Mancinelli

Massimiliano Mazzanti

No abstract provided.


Strategic Incentives For Climate Geoengineering Coalitions To Exclude Broad Participation, Juan B. Moreno-Cruz, Kate L. Ricke, Ken Caldeira Jan 2013

Strategic Incentives For Climate Geoengineering Coalitions To Exclude Broad Participation, Juan B. Moreno-Cruz, Kate L. Ricke, Ken Caldeira

Juan B. Moreno-Cruz

Solar geoengineering is the deliberate reduction in the absorption of incoming solar radiation by the Earth's climate system with the aim of reducing impacts of anthropogenic climate change. Climate model simulations project a diversity of regional outcomes that vary with the amount of solar geoengineering deployed. It is unlikely that a single small actor could implement and sustain global-scale geoengineering that harms much of the world without intervention from harmed world powers. However, a sufficiently powerful international coalition might be able to deploy solar geoengineering. Here, we show that regional differences in climate outcomes create strategic incentives to form coalitions …


Applying Best Practice Principles To International Intellectual Property Lawmaking, Jeremy De Beer Jan 2013

Applying Best Practice Principles To International Intellectual Property Lawmaking, Jeremy De Beer

Jeremy de Beer

This article applies the Max Planck Principles on Intellectual Property Provisions in Bilateral and Regional Agreements to several recently established or still-being-negotiated international lawmaking instruments. It identifies recent, fundamental changes and overarching patterns in the evolution in the procedures, institutions, and substantive outcomes of international intellectual property law- making. Specific analysis is provided of the Principles’ potential application to the Anti-Counterfeiting Trade Agreement (ACTA), the Trans-Pacific Partnership Agreement (TPP), the Comprehensive Economic and Trade Agreement (CETA), the Pan-African Intellectual Property Organization (PAIPO), and the Marrakesh Treaty to Facilitate Access to Published Works for Persons Who are Blind, Visually Impaired, or …


Waste Dynamics, Country Heterogeneity And The European Environmental Policy Effectiveness, Massimiliano Mazzanti Dec 2012

Waste Dynamics, Country Heterogeneity And The European Environmental Policy Effectiveness, Massimiliano Mazzanti

Massimiliano Mazzanti

No abstract provided.


Reserve Currency And A Lender Of Next-To-Last Resort: A Literature Review, Alida S. Skold Oct 2012

Reserve Currency And A Lender Of Next-To-Last Resort: A Literature Review, Alida S. Skold

Alida S. Skold

The role of the US dollar as the global dominant reserve currency is eroding. Debate is ongoing regarding next steps. Moving the international monetary system to a single global currency is part of the debate. Literature reviews the eroding role of the US dollar and implications the erosion carries for the US. The Special Drawing Rights developed by the IMF could fill the role of Keynes’ recommended global currency known as the “bancor.” Regardless of the nature of the global reserve currency, access to liquidity is required to have an effective international monetary system. Literature defines a missing layer of …


Cartelizing Taxes: Understanding The Oecd’S Campaign Against “Harmful Tax Competition”, Lotta Moberg, Andrew P. Morriss Jan 2012

Cartelizing Taxes: Understanding The Oecd’S Campaign Against “Harmful Tax Competition”, Lotta Moberg, Andrew P. Morriss

Lotta Moberg

Formed in 1961 to promote global economic and social well-being, the Organisation for Economic Co-operation and Development (OECD) has become the collective voice of rich countries on international tax issues. After an initial focus on improving commerce through addressing double taxation issues, the organization shifted to a focus on restricting tax competition and increasing automatic exchanges of tax information. In this paper we analyze the reasons for this shift in policy focus. After describing the history of the OECD’s work on taxation, we examine the OECD’s project against “harmful tax competition” as it has played out since its launch in …


Smart Stimulus Amid Deepening Debt: Future-Flow Tax Credit Programs, William Werkmeister Jan 2012

Smart Stimulus Amid Deepening Debt: Future-Flow Tax Credit Programs, William Werkmeister

William Werkmeister

No abstract provided.


The Dynamics Of Economic And Environmental Efficiency, Massimiliano Mazzanti, Valeria Costantini Jan 2012

The Dynamics Of Economic And Environmental Efficiency, Massimiliano Mazzanti, Valeria Costantini

Massimiliano Mazzanti

http://www.springer.com/economics/environmental/book/978-94-007-5088-3


Aggregation Biases In Environmental Extended Input Output: Evidence From Italy And Spain, Massimiliano Mazzanti Jan 2012

Aggregation Biases In Environmental Extended Input Output: Evidence From Italy And Spain, Massimiliano Mazzanti

Massimiliano Mazzanti

No abstract provided.


On The Green Side Of Trade Competitiveness, Massimiliano Mazzanti Jan 2012

On The Green Side Of Trade Competitiveness, Massimiliano Mazzanti

Massimiliano Mazzanti

No abstract provided.


The Oecd And Phases In The International Political Economy, 1961-2011, Judith Clifton, Daniel Díaz-Fuentes Dec 2011

The Oecd And Phases In The International Political Economy, 1961-2011, Judith Clifton, Daniel Díaz-Fuentes

Judith Clifton

In 2011, the OECD turned fifty. To provide a broad foundation for further thinking on this organization, we analyse its evolution over half a century from two perspectives: phases in the international political economy and the literature on IPE. By so doing, we uncover two paradoxes. Firstly, we find that the organization’s evolution closely mirrored major phases in the postwar international political economy until recently. However, the OECD’s long-term dependence on theWest has now become an obstacle to its efforts to adapt to the latest phase, characterised by the rise of non-Western powers. Secondly, we show that, during the OECD’s …


Multinational Companies And Investments In Sudan: Case Study Of Oil Exploration And Extraction, Professor Issam A.W. Mohamed Oct 2011

Multinational Companies And Investments In Sudan: Case Study Of Oil Exploration And Extraction, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The purpose of this paper is to present the role of multinational companies in general then its role in Sudan with particular emphasis on oil exploration and extraction. Chinese companies of multinationalities currently control the newly born oil industry in the country. Needless to say that the dire needs of the government because of its international isolation and sanctions compelled it to be subjected to bellow standards conditions in all economic and environmental aspects. The government accepted the conditions for the past twelve years. However, the secession of Southern Sudan into new country gives better re-negotiations opportunity to the newly …


African Economic Blocs And Trade: Case Study Of Comesa And Sudan, Issam A.W. Mohamed Professor Aug 2011

African Economic Blocs And Trade: Case Study Of Comesa And Sudan, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

Comprehensively, Economic Trade Partnerships and Blocs are important to a member country. However, with the continuing global financial distresses it is useful to evaluate them to maximize possible benefit. The question of joining, continue membership with the Comesa is vital to the Sudanese economy that presently stands in a very decisive time. The Common Market for Eastern and Southern Africa is a free trade area with nineteen member states stretching from Libya to Zimbabwe. COMESA formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Nine of the member states formed a free trade area in …


Economic Papers Online, Issam A.W. Mohamed Professor Aug 2011

Economic Papers Online, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

Those are economic papers online on the pages of Econpaper by Issam AW Mohamed


Review Of The Role Of Agriculture In Sudan Economy, Issam A.W. Mohamed Professor Aug 2011

Review Of The Role Of Agriculture In Sudan Economy, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The calamities of Sudan expand on daily basis. The secession of Southern Sudan has deprived the country of 25% of it total area, 24% of population, over 80% of its oil income. Moreover, it has separated with 75% of it vegetation cover and 30% of potential arable land. In addition, Sudan stands to tolerate at least 25% of its water resources. Economic situation precarious with the Darfur rebellions, the inception of Southern Kordofan's region civil strive and the inflamed complaints in its Blue Nile region. That resulted besides deprivation of oil revenues and other potentials to increased cost of national …


Effects Of The Humanitarian Aid, Internal Displacement On The Social Impacts In Sudan, Professor Issam A.W. Mohamed Aug 2011

Effects Of The Humanitarian Aid, Internal Displacement On The Social Impacts In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented here reviews activities of NGOs in Sudan by surveying and studying the activities of Save the Children of United Kingdom. Activities of NGOs in Sudan were always a controversial issue that resulted in the expulsion of many in 2009. There were also precedents of such expulsions in previous and following years. The paper discusses humanitarian work in Sudan, positive and negative sides. The case study's activities of the Save the Children efforts in Jebel Aulia Internally Displaced People, specially their efforts in education were investigated. It is concluded that introduce invaluable help in educational field, building classes …


Regulating And Deregulating The Public Utilities 1830–2010, Judith Clifton Dr. Aug 2011

Regulating And Deregulating The Public Utilities 1830–2010, Judith Clifton Dr.

Judith Clifton

History can provide invaluable insights into important issues of the economic and social regulation of utilities, and offer lessons towards future debates. But the history of utility regulation – which speaks of changing, diverse and complex experiences around the world – was, unfortunately, sidelined or marginalised when economists and policymakers enthusiastically embraced the question of how to reform the utilities from the 1970s. This paper provides an overview of the three, overarching, `waves' of utility regulation from the nineteenth century to the present, documenting how, when and why the ways in which the roles of the state, the market and …


From National Monopoly To Multinational Corporation: How Regulation Shaped The Road Towards Telecommunications Internationalisation, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín Aug 2011

From National Monopoly To Multinational Corporation: How Regulation Shaped The Road Towards Telecommunications Internationalisation, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín

Judith Clifton

One of the consequences of major regulatory reform of the telecommunications sector from the end of the 1970s – particularly, privatisation, liberalisation and deregulation – was the establishment of a new business environment which permitted former national telecommunications monopolies to expand abroad. From the 1990s, a number of these firms, particularly those based in Europe, joined the rankings of the world's leading multinational corporations. Their internationalisation was uneven, however: while some firms internationalised strongly, others ventured abroad much slower. This article explores how the regulatory framework within which telecommunications incumbents evolved over the long-term shaped their subsequent, uneven, paths to …


Global Financial Crisis And Effects On The Agricultural Sector Of Sudan, Issam A.W. Mohamed Professor Jul 2011

Global Financial Crisis And Effects On The Agricultural Sector Of Sudan, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The severe impacts of the global financial crisis had effects on all world. However, in Sudan scientists and researchers were greatly shocked because of the governmental camouflaging on their real effects on the economy. Minister of National Economy and Finance denied the effects on the Sudanese economy. The governor of the Sudan Central bank did the same with emphasis from both that everything are quite and normal and that Sudan can absorb all shocks on its economic performance. Truly, they ave eaten their words in the following months and confessed the partial effects on the Sudanese economy. Moreover, after they …


Thieves Or Doctors, Armed Civil Conflicts In Darfur And Impacts On Education In Refugees Camps, Professor Issam A.W. Mohamed Jul 2011

Thieves Or Doctors, Armed Civil Conflicts In Darfur And Impacts On Education In Refugees Camps, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented here depends on a field survey of refugees' camps in war strived Darfur region. The data are genuine from people and children. The expelling of NGOs from the region was a moral shock to the whole world, but in Darfur, it was a humanitarian catastrophe affecting the population. In this paper, I surveyed and analyzed data on what I consider the most important factor which are children and establish education as the base of the arguments introduced here. A case study is introduced which is Attash refugees or displaced camp were produced. Data were collected by field …


The Crisis Of A Nation (1), Professor Issam A.W. Mohamed Jul 2011

The Crisis Of A Nation (1), Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

This is the first part of a book I started writing in the year 2008 under the title of Sad Triology: The Crisis of a Nation. I name this chapter the Delirium as it represents the political response to what happens in the country due to the international outrage and pressures to Darfur Crisis. This part is narrating pressures on Sudan's Inqaz regime, specially after the Darfur region crisis and civil wars, the rage of the international society and responses, the impacts of the International Instututions including the ICC and the hunt for justice. All those qualitative variables had responses …


Wto-Doha Multilateral Trade Negotiations And Agriculture, Professor Issam A.W. Mohamed Jul 2011

Wto-Doha Multilateral Trade Negotiations And Agriculture, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The Doha Development Round or Doha Development Agenda (DDA) is the current trade-negotiation round of the World Trade Organization (WTO), which launched in November 2001. With the start of this round, non-trade concerns (NTCs) were explicitly renowned and integrated into the negotiation process. Generally, multi-functionality proponents attempt to resist agricultural trade liberalization by giving high support to protect their domestic producers. These are net food importing countries, some small countries with highly protected agricultural sector and large trade deficits in some main outputs and unfavourable agro-climatic conditions. The opponents of the multi-functionality argument all claim to recognize the legitimacy of …