…countries are poor and some rich, but it is also marred from several shortcomings and under-representations, which cast doubts on the positive messages of creating better institutions and reducing poverty….
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…important pro-poor shifts in development policies during the baseline period, it finds that eradication will take at least 100 years at $1.25-a-day, and 200 years at $5-a-day. While this could…
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…the debate between Stern and Nordhaus. Our conclusion is that there is a need for strong state intervention to make the climate change mitigation policies to reach the desired effects….
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…cycle exhibits two distinctive features. First, and most importantly, its expansion performance is shorter and for the most part less intense than that of the rest of the regions considered,…
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This paper reviews Piketty’s book Capital in the 21st Century. Although the facts described by Piketty are widely indisputable, the paper criticizes the actual economic theory underlying the central thesis…
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…parameters, on the hypothesis that prices reflect net present values (NPVs) of future cash flows. Special cases are noted and interpreted. The formula explains the counterintuitive observation that a stamp…
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…net financial assets) through a reduction in expenditures reduces other economic units’ revenues and thus their ability to spend and save. Using the concept of excess demand and supply, it…
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…consolidation aimed at reducing fiscal imbalances, derived, in part, from acute macroeconomic crises. Since the late eighties, it has followed a more prudent approach to managing public finances and has…
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…effects of rhetoric on policy debate, and the importance of “traction” on political agendas are then considered. Propositions are presented indicating, in particular: policy issues will only be addressed spasmodically;…
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…Issues—to World Social and Economic Review of Contemporary Policy Issues. Name change aside, we continue to be an open access, invited authors, peer reviewed journal. Managing Editors Devrim Yilmaz, Kingston…
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…should be given at the end of the articles in the following style with hyperlinks wherever useful and possible. For a review of the Harvard system, see: http://www.library.dmu.ac.uk/Images/Selfstudy/Harvard.pdf or http://www.cse.dmu.ac.uk/~bstahl/HarvardStyle.htm…
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…Panama Papers gave us an insight into an opaque system that is geared exclusively to the evasion of taxes. Wealthy individuals regularly move funds to undeclared bank accounts in offshore…
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…The premise of this special issue of World Economic Review: Contemporary Policy Issues—an on-line peer reviewed journal with a global subscription of 13,000—is that every aspect of post-secondary education is…
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