Download or read book Political Capital Or Constraint written by Jerry X Cao and published by . This book was released on 2015 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Political Capital Vs Constraint written by Jerry Cao and published by . This book was released on 2017 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Previous theoretical and empirical studies suggest that CEOs' political connections are valuable to firms. We examine whether such connections become constraints if the expected political capital fails to materialize and the firm lacks other type of political power in place. Using a sample of listed firms in China, we show that politically connected CEOs in privately controlled (i.e., not state-owned) firms have longer tenure, lower turnover, and weaker turnover-performance sensitivity than non-politically connected CEOs. Further identification tests show that these turnover patterns are not consistent with alternative explanations for turnover patterns such as superior managerial ability or reduction in managerial myopia. The turnover patterns are less pronounced in firms that have alternative political power, such as connected boards or state ownership. Following the turnover of politically connected CEOs, performance improves only for the state-owned firms. Our results call for new theories that comprehend both values and costs of political connection.
Download or read book Credit Constraints Political Instability and Capital Accumulation written by Risto Herrala and published by International Monetary Fund. This book was released on 2013-12-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore’s (1997) theoretical framework. Drawing on a unique firm-level data set from Middle-East and North Africa (MENA), empirical findings point to a large and significant effect of credit conditions on capital accumulation and suggest that continued political unrest worsens credit constraints. The results support the view that financial development measured by a relaxing of financial constraints is key to macroeconomic development.
Download or read book Social Capital and Institutional Constraints written by Joonmo Son and published by Routledge. This book was released on 2013 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses new empirical data to test how social capital works in different societies with diverse political-economic and cultural institutions. Taking a comparative approach, this study focuses on data from three very different societies, China, Taiwan and the United States, in order to reveal the international commonalities and disparities in access to, and activation of, social capital in labor markets. In particular, this book tests whether political economic and cultural differences between capitalist and socialist economic systems and between Western and Confucian cultures create different types of individual social networks and usages.
Download or read book Making Politics Work for Development written by World Bank and published by World Bank Publications. This book was released on 2016-07-14 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.
Download or read book Capital Taxation Under Political Constraints written by Florian Scheuer and published by . This book was released on 2014 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies optimal dynamic tax policy under the threat of political reform. A policy will be reformed ex post if a large enough political coalition supports reform; thus, sustainable policies are those that will continue to attract enough political support in the future. We find that optimal marginal capital taxes are either progressive or U-shaped, so that savings are subsidized for the poor and/or the middle class but are taxed for the rich. U-shaped capital taxes always emerge when the salient reform threat consists of radically redistributing capital and individuals' political behavior is purely determined by economic motives.
Download or read book Marketing Sovereign Promises written by Gary W. Cox and published by Cambridge University Press. This book was released on 2016-05-09 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a new theory of state growth, based on the creation of credible and prudent state budgets.
Download or read book The Oxford Handbook of Environmental Political Theory written by Teena Gabrielson and published by Oxford University Press. This book was released on 2016-01-07 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: Set at the intersection of political theory and environmental politics, yet with broad engagement across the environmental social sciences and humanities, The Oxford Handbook of Environmental Political Theory, defines, illustrates, and challenges the field of environmental political theory (EPT). Featuring contributions from distinguished political scientists working in this field, this volume addresses canonical theorists and contemporary environmental problems with a diversity of theoretical approaches. The initial volume focuses on EPT as a field of inquiry, engaging both traditions of political thought and the academy. In the second section, the handbook explores conceptualizations of nature and the environment, as well as the nature of political subjects, communities, and boundaries within our environments. A third section addresses the values that motivate environmental theorists—including justice, responsibility, rights, limits, and flourishing—and the potential conflicts that can emerge within, between, and against these ideals. The final section examines the primary structures that constrain or enable the achievement of environmental ends, as well as theorizations of environmental movements, citizenship, and the potential for on-going environmental action and change.
Download or read book Why America Loses Wars written by Donald Stoker and published by Cambridge University Press. This book was released on 2022-05-26 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can you achieve victory in war if you don't have a clear idea of your political aims and a vision of what victory means? In this provocative challenge to US political aims and strategy, Donald Stoker argues that America endures endless wars because its leaders no longer know how to think about war, particularly wars fought for limited aims, taking the nation to war without understanding what they want or valuing victory and thus the ending of the war. He reveals how flawed ideas on so-called 'limited war' and war in general evolved against the backdrop of American conflicts in Korea, Vietnam, Iraq, and Afghanistan. These ideas, he shows, undermined America's ability to understand, wage, and win its wars, and to secure peace. Now fully updated to incorporate the American withdrawal from Afghanistan, Why America Loses Wars dismantles seventy years of misguided thinking and lays the foundations for a new approach to the wars of tomorrow.
Download or read book Global Capital National State and the Politics of Money written by Werner Bonefeld and published by Springer. This book was released on 1994-12-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The politics of international debt have received increasing attention in recent years. However, discussion of the politics of money has focused on Latin American and 'third' world countries. So far there has been little treatment of the politics of scarce money and of money as a political category in relation to 'advanced' countries. The central theme of the book is the limitations and constraints on state action which arise from the relation between the (nation) state and the global flow of money.
Download or read book The Populist Radical Right written by Cas Mudde and published by Routledge. This book was released on 2016-10-04 with total page 856 pages. Available in PDF, EPUB and Kindle. Book excerpt: The populist radical right is one of the most studied political phenomena in the social sciences, counting hundreds of books and thousands of articles. This is the first reader to bring together the most seminal articles and book chapters on the contemporary populist radical right in western democracies. It has a broad regional and topical focus and includes work that has made an original theoretical contribution to the field, which make them less time-specific. The reader is organized in six thematic sections: (1) ideology and issues; (2) parties, organizations, and subcultures; (3) leaders, members, and voters; (4) causes; (5) consequences; and (6) responses. Each section features a short introduction by the editor, which introduces and ties together the selected pieces and provides discussion questions and suggestions for further readings. The reader is ended with a conclusion in which the editor reflects on the future of the populist radical right in light of (more) recent political developments – most notably the Greek economic crisis and the refugee crisis – and suggest avenues for future research.
Download or read book Political Capitalism written by Randall G. Holcombe and published by Cambridge University Press. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.
Download or read book The Economics of the Government Budget Constraint written by Stanley Fischer and published by World Bank Publications. This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Conflict of Visions written by Thomas Sowell and published by Basic Books. This book was released on 2007-06-05 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thomas Sowell’s “extraordinary” explication of the competing visions of human nature lie at the heart of our political conflicts (New York Times) Controversies in politics arise from many sources, but the conflicts that endure for generations or centuries show a remarkably consistent pattern. In this classic work, Thomas Sowell analyzes this pattern. He describes the two competing visions that shape our debates about the nature of reason, justice, equality, and power: the "constrained" vision, which sees human nature as unchanging and selfish, and the "unconstrained" vision, in which human nature is malleable and perfectible. A Conflict of Visions offers a convincing case that ethical and policy disputes circle around the disparity between both outlooks.
Download or read book The Dictatorship of Woke Capital written by Stephen R. Soukup and published by Encounter Books. This book was released on 2021-02-23 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the better part of a century, the Left has been waging a slow, methodical battle for control of the institutions of Western civilization. During most of that time, “business”— and American Big Business, in particular — remained the last redoubt for those who believe in free people, free markets, and the criticality of private property. Over the past two decades, however, that has changed, and the Left has taken its long march to the last remaining non-Leftist institution. Over the course of the past two years or so, a small handful of politicians on the Right — Senators Tom Cotton, Marco Rubio, and Josh Hawley, to name three — have begun to sense that something is wrong with American business and have sought to identify the problem and offer solutions to rectify it. While the attention of high-profile politicians to the issue is welcome, to date the solutions they have proposed are inadequate, for a variety of reasons, including a failure to grasp the scope of the problem, failure to understand the mechanisms of corporate governance, and an overreliance on state-imposed, top-down solutions. This book provides a comprehensive overview of the problem and the players involved, both on the aggressive, hardcharging Left and in the nascent conservative resistance. It explains what the Left is doing and how and why the Right must be prepared and willing to fight back to save this critical aspect of American culture from becoming another, more economically powerful version of the “woke” college campus.
Download or read book Political Parties Growth and Equality written by Carles Boix and published by Cambridge University Press. This book was released on 1998-06-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the increased openness of countries to international trade and financial flows, the general public and the scholarly literature have grown skeptical about the capacity of policy-makers to affect economic performance. Challenging this view, Political Parties, Growth, and Equality shows that the increasingly interdependent world economy and recent technological shocks have actually exacerbated the dilemmas faced by governments in choosing among various policy objectives, such as generating jobs and reducing income inequality, thereby granting political parties and electoral politics a fundamental and growing role in the economy. To make growth and equality compatible, social democrats employ the public sector to raise the productivity of capital and labor. By contrast, conservatives rely on the private provision of investment. Based on analysis of the economic policies of all OECD countries since the 1960s and in-depth examination of Britain and Spain in the 1980s, this book offers a new understanding of how contemporary democracies work.
Download or read book Party Policy in Modern Democracies written by Kenneth Benoit and published by Routledge. This book was released on 2006-10-16 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new and wide-ranging empirical overview of party policy in 47 modern democracies, including all of the new democracies of Eastern Europe. It updates and radically extends Policy and Party Competition (1992), which established itself as a key mainstream data source for all political scientists exploring the policy positions of political parties. This essential text is divided into three clear parts: Part I introduces the study, themes and methodology Part II deals in depth with the wide range of issues involved in estimating and analyzing the policy positions of key political actors. Part III is the key data section that identifies key policy dimensions across the 47 countries, detailing their party positions and median legislators, and is complemented by graphical representations of each party system. This book is an invaluable reference for all political scientists, particularly those interested in party policy and comparative politics.
