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Articles 91 - 101 of 101
Full-Text Articles in Political Economy
The State, The Market, Economic Growth And Poverty In China, John A. Donaldson
The State, The Market, Economic Growth And Poverty In China, John A. Donaldson
Research Collection School of Social Sciences
The People’s Republic of China is often cited as an unprecedented success story as far as rural poverty is concerned. Despite recent reports of sometimes violent protests in rural areas over illicit land seizures and pollution, since implementing reforms in 1978, China has seen rural poverty rates fall from xxx to yyy, as economic growth increased zzz on average each year, according to World Bank estimates. Some have ascribed liberal policy prescriptions based on open markets and pro-market government policies as are largely responsible, even as they forwent expensive, large-scale mass welfare programs. Starting with their initial round of fundamental …
A Subjective Approach To The Study Of Oligopolistic Party Systems, Riccardo Pelizzo
A Subjective Approach To The Study Of Oligopolistic Party Systems, Riccardo Pelizzo
Research Collection School of Social Sciences
The purpose of this paper is to present a new theory of the cartel party. My argument is straightforward. Assuming that parties are the political analog of firms, that party systems are the political analog of markets, that the shares of the electorate are the political analog of the market shares that firms control, Western European party systems share with oligopolistic markets some structural features. Yet, to know whether Western European party systems resemble oligopolistic markets, we need to know whether Western European party systems are non-competitive political markets exactly in the same way in which oligopolistic markets are not …
The Political Economy Of Polarized Pluralism, Salvatore Babones, Riccardo Pelizzo
The Political Economy Of Polarized Pluralism, Salvatore Babones, Riccardo Pelizzo
Research Collection School of Social Sciences
It is difficult to overestimate the importance of Sartori’s party system typology at least because, as Peter Mair recently pointed out, “there has been very little new thinking on how to classify systems since the seminal work of Sartori” (Mair, forthcoming). The first important party system taxonomy was proposed by Duverger in his Political Parties (1951). Duverger in this classic study identified three types of party systems: the one party system, the two party system and the multi-party system. By the early 1960s Sartori had become quite unhappy with this typology (Sartori, 1982). Sartori thought that both the one-party and …
Board Structure, Political Influence And Firm Performance - An Empirical Study On Publicly Listed Firms In China, Dongping Han, Fusheng Wang, Heng Yue
Board Structure, Political Influence And Firm Performance - An Empirical Study On Publicly Listed Firms In China, Dongping Han, Fusheng Wang, Heng Yue
Research Collection School Of Accountancy
The board of directors is the cornerstone of any effective corporate governance system. A well-structured board can effectively monitor and motivate management of a company for the benefit of the company's shareholders. This paper investigates the relationship between board structure and firm performance using a sample of 490 publicly listed firms in China. The characteristics of board structure we examined include: board size, inside/outside/independent directors, CEO/Chair duality, stock holdings of directors, the rewards to directors and aged directors. We find significant relationship between firm performance and three characteristics: the rewards to director, the stock holdings of directors and the existence …
The Politics Of Wto Enforcement Mechanism, Pao Li Chang
The Politics Of Wto Enforcement Mechanism, Pao Li Chang
Research Collection School Of Economics
This paper attempts to develop a formal economic framework to analyze the influences of domestic political considerations by democratic governments in shaping the WTO enforcement outcomes following a violation ruling against the defendant. Since a different mix of import and export sectors in the defendant and complainant country will benefit from the various potential enforcement outcomes, they become competing forces which steer the strategic interactions between the disputing governments. The results of the paper illustrate the complainant's strategy in selecting the retaliation list, and the likelihood of the defendant's compliance or compensation in response to the proposed or foreseeable retaliation, …
The Politics Of Wto Enforcement Mechanism, Pao Li Chang
The Politics Of Wto Enforcement Mechanism, Pao Li Chang
Research Collection School Of Economics
This paper attempts to develop a formal economic framework to analyze the influences of domestic political considerations by democratic governments in shaping the WTO enforcement outcomes following a violation ruling against the defendant. Since a different mix of import and export sectors in the defendant and complainant country will benefit from the various potential enforcement outcomes, they become competing forces which steer the strategic interactions between the disputing governments. The results of the paper illustrate the complainant's strategy in selecting the retaliation list, and the likelihood of the defendant's compliance or compensation in response to the proposed or foreseeable retaliation, …
Production And Political Economy In The Animation Industry: Why Insourcing And Outsourcing Occur, Feichin, Ted Tschang, Andrea Goldstein
Production And Political Economy In The Animation Industry: Why Insourcing And Outsourcing Occur, Feichin, Ted Tschang, Andrea Goldstein
Research Collection Lee Kong Chian School Of Business
This paper presents a framework for explaining production patterns in creative industries. In particular, we focus on the conditions under which insourcing occurs in the US threedimensional animation industry and where outsourcing in the conventional two-dimensional animation industry occurs to the Philippines. The work that is outsourced is not the most creative component of the entire production process. Institutional decisions (as related to the location of decision makers and primary markets), and business conditions in the world market, have both positively and negatively affected the local Filipino industry and its position within the global division of labor. Implications for knowledge-based …
Social Trust And Economic Governance, Fali Huang
Social Trust And Economic Governance, Fali Huang
Research Collection School Of Economics
The paper investigates the dynamic relationship between social trust and economic governance using a principal-agent model with stochastic returns. To mitigate the inherent moral hazard problem both intrinsic and extrinsic incentives are useful. The cooperative tendency of an agent measures his intrinsic discipline against shirking, the distribution of which characterizes social trust in society. The economic governance methods include direct monitoring and efficiency wage. The main results are the following. An agent with a higher cooperative tendency needs less monitoring and a lower wage to make effort, which brings higher profit for the principal. But competition among principals for more …
The Politics Of Wto Enforcement Mechanism, Pao-Li Chang
The Politics Of Wto Enforcement Mechanism, Pao-Li Chang
Research Collection School Of Economics
This paper attempts to develop a formal economic framework to analyze the influences of domestic political considerations by democratic governments in shaping the WTO enforcement outcomes in the wake of a violation ruling against the defendant. Since a different mix of import and export sectors in the defendant and complainant country will benefit from the various potential enforcement outcomes, they become competing forces which steer the strategic interactions between the disputing governments. The results of the paper illustrate the complainant’s strategy in selecting the retaliation list, and the likelihood of the defendant’s compliance or compensation in response to the proposed …
Pluralism, Multiculturalism And Group Rights, Chandran Kukathas
Pluralism, Multiculturalism And Group Rights, Chandran Kukathas
Research Collection School of Social Sciences
However prevalent may have been the longing for homogeneity, or at least social unity, in political thinking, the fundamental point which must be recognized is that cultural diversity or pluralism has been the most notable feature of society in the history of human set tlement. "Marginality and pluralism were and are the norm of civi lized existence."1 There are several reasons why this is the pattern revealed by history.2 The first has to do with the ubiquity of military conflict. Even among barbarians ethnic political unity was fragile because military conquests resulted in the mixing of peoples. But throughout history …
Does Capitalism Infringe Property Rights: A Reply To Peter Morriss, Chandran Kukathas
Does Capitalism Infringe Property Rights: A Reply To Peter Morriss, Chandran Kukathas
Research Collection School of Social Sciences
In a research note on 'How Capitalism Infringes Property Rights' {PoliticalStudies, XXXI (1983), pp. 656-61), Peter Morriss attempts to demonstratethat a Nozickian version of rights theory is incompatible with that account ofcapitalism which emphasizes the importance (and value) of entrepreneurialrisk-taking and entrepreneurial failure. Because bankruptcy is an acceptedconsequence of entrepreneurial failure, capitalism, which condonesbankruptcy, in fact condones the violations of the rights of creditors. Thusthose who, like Nozick, defend property rights as sacred and inviolable, 'shouldbe in the vanguard of capitalism's opponents' (p. 657) Since the rights-basedargument for capitalism is that rights can never be legitimately violated, 'oncethe rights theorist …