Political Economy Commons^™

Review: Halper, Stefan A. Beijing Consensus: Legitimizing Authoritarianism In Our Time. New York, Ny: Basic Books, [2010] 2012. 336 Pp., Lukas K. Danner

Dr. Lukas K. Danner

No abstract provided.

Policy Change And Coups: The Role Of Income Inequality And Asset Specificity, Taeko Hiroi, Sawa Omori

Taeko Hiroi

Religion And Innovation, Andrea Vindigni

Andrea Vindigni

No abstract provided.

Syllabus Inr 3061 (U01): Conflict, Security, And Peace In International Relations (Fall 2015), Lukas K. Danner

Dr. Lukas K. Danner

Syllabus Inr 3703 (U05): International Political Economy (Fall 2015), Lukas K. Danner

Dr. Lukas K. Danner

Working Paper, Kyle S. Herman

Dr. Kyle S. Herman

G. A. Cohen Why Socialism? Című Könyvéről (On G. A. Cohen’S Why Socialism?), Attila Tanyi

Attila Tanyi

Why Do Countries Adopt Fiscal Rules?, John Thornton, Yener Altunbas

John Thornton

This paper examines which economic, institutional and political charac- teristics of countries affect the likelihood that a numeral rule will be adopted as part of a fiscal strategy to limit the level of public debt. We estimate a panel binary response model over the period 1970–2012 for 110 countries, of which 58 opted to adopt such a rule. Our results suggest that the probability such a rule will be adopted is greater if a country has a high level of public debt, a relatively inflexible exchange rate regime, has already adopted inflation targeting, has deep credit markets and if other …

Economics-Based Environmentalism In The Fourth Generation Of Environmental Law, Donald J. Kochan

Donald J. Kochan

Environmental protection and economic concerns are not mutually exclusive. This article explores some of the issues of economic analysis that might arise as we approach the fourth generation of environmental law. It explains ways that economic analysis can be employed to generate the best environmental rules, including measures under what this article terms as "economics-based environmentalism." Economics-based environmentalism contends that the advantages of using economic principles within a “polycentric toolbox” of environmental law come from the benefits available in private ordering, markets, property rights, liability regimes and incentives structures that will better protect the environment than alternatives like state-based interventionist, …

A Framework For Understanding Property Regulation And Land Use Control From A Dynamic Perspective, Donald J. Kochan

Donald J. Kochan

Lemons On The Edge Of The Internet: The Importance Of Transparency For Broadband Network Quality, Reza Rajabiun, Catherine Middleton

Reza Rajabiun

Network performance measurements from OECD countries between 2007 and 2012 document a significant increase in the variability of broadband infrastructure quality, which helps explain growing demand for technologies and policies that counteract information asymmetries between network operators and end users. A cross-country analysis documents the negative association between quality uncertainty and variations in digital infrastructure quality. The analysis suggests public policies and business models that promote market transparency can enhance the efficiency of the broadband access market on the edge of the internet and stimulate incentives for the diffusion of next generation platforms.

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

VIJAYA KRUSHNA VARMA Mr

A Line In The Tar Sands: Struggles For Environmental Justice, Toban Black, Stephen D'Arcy, Tony Weis, Joshua Russell

Stephen D'Arcy

(Edited Collection.) The fight over the tar sands in North America is among the epic environmental and social justice battles of our time, and one of the first that has managed to marry quite explicitly concern for frontline communities and immediate local hazards with fear for the future of the entire planet. Tar sands “development” comes with an enormous environmental and human cost. But tar sands opponents—fighting a powerful international industry—are likened to terrorists; government environmental scientists are muzzled; and public hearings are concealed and rushed. Yet, despite the formidable political and economic power behind the tar sands, many opponents …

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.

The Child Health Implications Of Privatizing Africa's Urban Water Supply, Katrina Kosec

Katrina Kosec

Review: Yueh, Linda. China’S Growth: The Making Of An Economic Superpower. New York, Ny: Oxford University Press, 2013. 384 Pp., Lukas K. Danner

Dr. Lukas K. Danner

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 …

Relying On The Private Sector: The Income Distribution And Public Investments In The Poor, Katrina Kosec

Katrina Kosec

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.

The Greater Boston Housing Report Card 2013: What Follows The Housing Recovery?, Barry Bluestone, Eleanor White, Noah Hodgetts, Michael Gleba, Nancy Lee, Monika Kondura, Tim Davis

Nancy S. Lee

No abstract provided.

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

Grading Standards And Education Quality, Raphael Boleslavsky, Christopher Cotton

Raphael Boleslavsky

We consider a game in which schools compete to place graduates by investing in education quality and by choosing grading policies. In equilibrium, schools strategically adopt grading policies that do not perfectly reveal graduate ability to evaluators (including employers and graduate schools). We compare equilibrium outcomes when schools grade strategically to equilibrium outcomes when evaluators perfectly observe graduate ability. With strategic grading, grades are less informative, and evaluators rely less on grades and more on a school's quality when assessing graduates. Consequently, under strategic grading, schools have greater incentive to invest in quality, and this can improve evaluator welfare.

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. …