Download or read book Three Essays on Economic Stages and Transition written by Ricardo R. Fuentes-Ramírez and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Cuba and Venezuela have been argued to be examples of state capitalism, populist capitalism, socialism, or simply the ambiguous "mixed economy." By focusing on these countries as social formations in movement, or in transition, a more adequate understanding is presented. The first essay develops a theory of socialist transition, with focus on the dynamic, rather than static character of socialism. Furthermore, worker cooperatives are analyzed with a focus on the roles they play in the different stages of the transition to socialism. Finally, this framework is utilized to analyze the experience of the Bolivarian Revolution in Venezuela. The second essay utilizes this framework to analyze the particular cases of countries dominated by imperialist relations. As this essay argues, throughout history two opposing conceptions regarding the relation between anti-imperialism and socialist transition have been present in the Marxian tradition. The first argues that an anti- imperialist capitalist development stage within dominated regions is required before a socialist transition can begin. The second view argues that capitalist development is blocked in dominated regions, and as a result the only route to economic development is through a transition to socialism. This essay undertakes an examination of key Marxist thinkers and revolutionary processes across the globe to assess the theories and the processes associated with these conceptions. Finally, the third essay assesses the current direction of institutional change in Cuba. Some analysts believe the current changes in the Cuban system indicate the beginning of a transition to capitalism, while others disagree. By focusing on one particular institution, the non-agricultural worker cooperatives, this essay demonstrates that the current reform process in Cuba has included features that could contribute to the mergence of a new socialist formation characterized by participatory planning.

Download or read book Three Essays on the Economics of Transition written by Simeon Djankov and published by . This book was released on 1999 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in the Economics of Transition written by Kiril Strahilov and published by . This book was released on 2006 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Development and Transition Economics written by Stefano Paternostro and published by . This book was released on 2000 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays in Development and Transition Economics 1 The Poverty Trap and the Dual Externality Model 2 Structural Adjustment in Polish Firms During the Transition 3 Wage Determination and Discrimination in Romania in the 1990s written by Stefano Paternostro and published by . This book was released on 1998 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: The regression results, show that: (1) the reforms brought a significant process of structural change; (2) the productivity response of state enterprises has been significantly smaller than that of private ones; (3) size matters, at least among private enterprises.

Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.

Download or read book Three Essays on the Political Economy of Reform written by Bogdan Catalin Buduru and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this thesis is to investigate the transition toward a market economy from a political economy perspective. The goal is to trace the link between the polity-formation process and successful economic reform by identifying the factors that favour or hinder the adjustment efforts. The first essay, entitled "Determinants of Success in Transition", accounts for the dissimilar economic trajectories of transition countries. The aim is to show why the ability to implement reforms is different across countries. A bargaining framework is used to model the political sector. The key endogenous variables are the size of the asset transfer to the private sector and the magnitude of the compensation payments. The main exogenous variables are the relative bargaining power, the magnitude of the threat points, and the transaction costs of providing compensation. The most important theoretical result shows that the higher the opposition's threat point and bargaining power, the larger the asset transfer. The second essay, entitled "Initial Conditions and Economic Reform", is an empirical study exploring the impact of a comprehensive set of factors on the ability to initiate and implement economic reforms by countries in transition. The variables measuring these factors belong to three groups, characterizing the macroeconomic and structural distortions inherited at the start of transition, the competitiveness of the political markets at the polity-defining stage, and the elements affecting the ability to solve coordination and collective action problems. While the regression analysis finds that variables from all groups influence capacity for reform, the factors characterizing the behaviour of the political market at the onset of transition played a central role. The third essay, entitled "Transaction Costs, Strategic Interaction, and Farm Restructuring", offers a transaction cost explanation for the different paths of organizational adjustment in the case of the former state and collective farms in Czech Republic. The focus is on the strategic interaction among the stakeholders in large-scale agricultural organizations. In the presence of a neutral institutional environment, the number of players involved in the intra-organizational process, their ability to make collective decisions, and their perceived payoffs in alternative farming structures determine the restructuring outcome.

Download or read book Three Essays in Development Economics written by David Russell Hansen and published by Stanford University. This book was released on 2011 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is composed of three chapters. All three deal with topics in development economics. The first chapter examines the effects on village institutions of introducing formal financial institution options into the village. The second addresses the effects of government policy on educational investment and crime. The third tests the explanatory power of various explanations of the gender gap in math test scores. The first chapter examines the effects of a transition from a ``traditional'' economy based on an uncertain source of income, with risk fully insured away by one's neighbors in a social network through costly network ties, to a ``modern'' economy in which some agents have access to partial insurance at a lower cost. A theoretical model is used to show that village social networks can break down as some members of the village no longer need the insurance the social network provides, producing a reduction in welfare (if the costs of reducing moral hazard are not too high) for at least some individuals and possibly the village as a whole. This loss of welfare can occur even when networks provide other benefits to those belonging to them and is likely to be heterogeneous, depending on the opportunities and networks available to individuals. This paper tests these predictions using Indonesian data to examine the effect of a change in the banking institutions available to a community on the strength of social networks (measured by community participation) and welfare (measured by household expenditure and by child health). The analysis finds that changing financial institution availability in general does not influence community participation or welfare, but that financial institutions that primarily serve certain groups do relatively reduce the welfare of households not in those groups, which is consistent with the hypotheses generated by the model. Crime is an important feature of economic life in many countries, especially in the developing world. Crime distorts many economic decisions because it acts like an unpredictable tax on earnings. In particular, the threat of crime may influence people's willingness to invest in schooling or physical capital. The second chapter explores the questions "What influence do crime rates and levels of investment have on one another?" and "How do government policies affect the relationship between investment and crime?" by creating a simple structural model of crime and educational investment and attempting to fit this model to Mexican data. A method of simulated moments procedure is used to estimate parameters of the model and the estimated parameters are then used to carry out policy simulations. The simulations show that increasing spending on police or increasing the severity of punishment reduces crime but has little effect on educational investment. Increased educational subsidies increase educational investment but reduce crime only slightly. Thus, one type of policy is insufficient to accomplish the goals of both reducing crime and increasing education. The third chapter is joint work with Prashant Bharadwaj, Giacomo De Giorgi, and Christopher Neilson. Boys tend to have better performances than girls in mathematical testing; in particular, there are significantly more boys than girls among high achievers and the score distribution appears to have a longer right tail for boys. We confirm such results on several low- and middle-income countries. In particular we find that the gender gap is already present by age 10 and substantially increases by age 14 and 15. We propose and try to test a series of explanations for such a gap: (i) parental investment, (ii) ability, (iii) school resources, (iv) individual investment and effort (not tested directly), (v) competitive environment, and (vi) cultural norms. We conclude that none of our proposed explanations can account for a substantial portion of the gap.

Download or read book Three Essays on Macroeconomics and Economics of Transition written by Chun-wah Liu and published by . This book was released on 1996 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Productivity in Post Soviet Primary Agriculture written by Lyubov A. Kurkalova and published by . This book was released on 1999 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the third essay, we estimate a frontier production function, examine the changes in technical efficiency at the earliest stages of economic reforms, and evaluate the relationship between technical efficiency and farm workforce composition using Ukrainian farm-level survey data. The results help in understanding of economic consequences of the current standstill stage of economic reforms and highlight the importance of labor response considerations when designing policies to support transition agriculture.

Download or read book Three Essays on Marxism written by Karl Korsch and published by NYU Press. This book was released on 1972 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: These three essays by the independent German Marxist Karl Korsch offer expositions, often in polemical form, of basic Marxist ideas. Since they cover both sociology and economics, they are excellent guides for the student on the most introductory, though not the most elementary, level. The first essay, "Leading Principles of Marxism," takes up Marxism on the plane of sociology and deals with the relation of Marxism to Comte and positivism, and to bourgeois sociology in general. The second, his introduction to the 1932 German edition of Capital, consists of an assessment of the work in human thought and an important reader's guide to Volume I. The third, "Why I Am a Marxist," is a polemic against various distortions in Marxism and an affirmation of the revolutionary, as against the academic, character of Marxism.

Download or read book Three Essays on Economic Growth and Real Exchange Rate written by Sung Jin Kang and published by . This book was released on 1998 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on the Economics of Religion and Politics written by Ayman Reda and published by . This book was released on 2005 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Export Transitions written by Álvarez Espinoza Álvarez and published by . This book was released on 2006 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Smooth Transitional Adjustments in Emerging Markets After Liberalizing Reforms written by Nan Geng and published by . This book was released on 2010 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Three Essays on Political Economy written by Cesar Velazquez and published by . This book was released on 2002 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Political Economy and International Public Finance written by Áron Kiss and published by Peter Lang. This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coalitions and political accountability -- Divisive politics and accountability -- Minimum taxes and repeated tax competition -- Summary in German.