Journal articles: 'Political aspects of International finance'

1

CERBAF. "The political economy of monetary policy: National and international aspects." Journal of Banking & Finance 9, no. 1 (March 1985): 171–72. http://dx.doi.org/10.1016/0378-4266(85)90070-6.

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Josifidis, Kosta, and Alpar Losonc. "Some thoughts on power: International context." Panoeconomicus 61, no. 5 (2014): 597–615. http://dx.doi.org/10.2298/pan1405597j.

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This is a polemical essay that enters into broad dialogue with the contemporary literature concerning the dynamic of power. It refers to the appropriate material and results from the research of different theories. It proposes the constitutive position of the power in the international situation. In contrast to some current theories, we emphasize the importance of the politicoeconomical approach, denoting that only the methodology based on the logics of political economy can explain the dynamics of power in the international context. The main thread of this essay is that the international constellation is not a neutral environment, but a framework that is deeply determined by the power-relations. The central idea is that these relations should be explicated by the complex relationships between freedom and order. We analyze the interaction between the politics and economy as the constitutive feature of the structure of international context. This essay is divided into three sections. First, we are treating the meaning of order in an international context, in respect to the political-economic aspects of late capitalism. The notion of this order has a great importance in the economic reflections. The dynamic of the interconnectedness of global capitalism is examined considering the systematic aspects of power. After that we are analyzing different, and selected, aspects of the international sphere including: the spatiality of the world order, that is, the spatial aspects of the international dynamics in the context of globalization, the convergence or divergence between the capitalist and territorial logic, the ?legaleconomic nexus? in international ?chain?, the processes of the modification of the forms of competition within recent globalization, and the political-economic conflicts in relation to the regime of economic measurement. Starting with these considerations we explain the current debates on ?demondialization?, or the combination between neomercantilist and neoliberal policies.

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El-Said, Hamed, and Jane Harrigan. "Globalization, International Finance, and Political Islam in the Arab World." Middle East Journal 60, no. 3 (July 1, 2006): 444–66. http://dx.doi.org/10.3751/60.3.12.

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This article looks at one important aspect of globalization in the Arab World, namely the provision of international finance by the US, the International Monetary Fund (IMF), and the World Bank in support of economic liberalization programs. This flow of international finance has been partly determined by geopolitical factors and in some countries has resulted in a decline in state provision of social welfare, increased poverty, and increased inequality. Not only has this form of globalization been increasingly challenged by Islamist groups, but many such groups have moved in to provide social capital and fill the welfare gap created by the gradual withdrawal of the state from socio-economic affairs. Globalization has thus strengthened the hand of political Islam and undermined the political legitimacy of incumbent regimes.

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Postlewaite, Andrew. "American Economic Journal: Microeconomics." American Economic Review 99, no. 2 (April 1, 2009): 683–84. http://dx.doi.org/10.1257/aer.99.2.683.

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AEJ Micro publishes papers focusing on microeconomic theory, industrial organization, and the microeconomic aspects of international trade, political economy, and finance. The journal will publish theoretical work as well as both empirical and experimental work with a theoretical framework.

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Kusztykiewicz-Fedurek, Aleksandra. "Political aspects of security of the European Union Member States." Przegląd Europejski, no. 3.20 (September 1, 2020): 97–105. http://dx.doi.org/10.31338/1641-2478pe.3.20.6.

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Political security is very often considered through the prism of individual states. In the scholar literature in-depth analyses of this kind of security are rarely encountered in the context of international entities that these countries integrate. The purpose of this article is to draw attention to key aspects of political security in the European Union (EU) Member States. The EU as a supranational organisation, gathering Member States first, ensures the stability of the EU as a whole, and secondly, it ensures that Member States respect common values and principles. Additionally, the EU institutions focus on ensuring the proper functioning of the Eurozone (also called officially “euro area” in EU regulations). Actions that may have a negative impact on the level of the EU’s political security include the boycott of establishing new institutions conducive to the peaceful coexistence and development of states. These threats seem to have a significant impact on the situation in the EU in the face of the proposed (and not accepted by Member States not belonging to the Eurogroup) Eurozone reforms concerning, inter alia, appointment of the Minister of Economy and Finance and the creation of a new institution - the European Monetary Fund.

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Witko, Christopher. "Measuring the Stringency of State Campaign Finance Regulation." State Politics & Policy Quarterly 5, no. 3 (September 2005): 295–310. http://dx.doi.org/10.1177/153244000500500306.

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Scholars are beginning to consider how state campaign finance regulation influences political behavior and elections, but they lack the systematic measure of these regulations needed to do so. This article describes a simple measure of state campaign finance regulation stringency that is based on state statutes in 2002. Further, this article explains the construction of the measure and assesses its validity and reliability. The index generally confirms qualitative assessments of state campaign finance regulation, and it is correlated with measures of related aspects of state campaign finance regulation, campaign spending, and fundraising.

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Mordasewicz, Karolina, and Marcin Kowalczyk. "Legal Aspects of Adaptation Finance under the UNFCCC Regime with Special Reference to the Adaptation Fund." International Community Law Review 23, no. 2-3 (June 29, 2021): 168–83. http://dx.doi.org/10.1163/18719732-12341468.

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Abstract This article addresses the legal aspects of the financing of adaptation to climate change, with special consideration given to one of the climate funds – the Adaptation Fund (AF). In the complex structure of climate finance, the AF attracts attention as it differs from other funds in several aspects. As an exception from other United Nations (UNs) climate funds, AF has not been recognised as an operating entity of the Financial Mechanism of the Convention. AF is also an unprecedented example under the Convention of a fund serving in parallel two decision-making bodies (CMP and CMA) under two agreements (Kyoto Protocol and Paris Agreement) ratified by non-overlapping sets of parties; with a Fund Board elected by both bodies collectively. AFs funding source is specific, it was designed to be financed from shares of the proceeds of sales of certified emission reduction units (CERs) generated by Clean Development Mechanism (CDM) projects but since 2012 there is a limited possibility of offsetting the emissions with CERs under the EU emissions trading system (ETS). For several years Parties were unable to agree the operating principles and procedures of a new mechanism established in article 6(4) of the Paris Agreement, which will resemble CDM, and would constitute a source of funding for the AF. Once this source of funding is available, the AF would cease to serve the Kyoto Protocol. Despite the above problems, AF was seen as a good example of how future climate funding can be designed. We examine the evolution of the above legal problems, including the most recent decisions and conclusions adopted during Conference of Parties (COP)25 in Madrid.

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MOZGOVYI, Oleg, Oleksii SUBOCHEV, and Oksana YURKEVYCH. "ISLAMIC FINANCE DOCTRINE: THE NATURE AND EVOLUTION." Economy of Ukraine 2018, no. 1 (January 3, 2018): 71–81. http://dx.doi.org/10.15407/economyukr.2018.01.071.

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The article identifies basic models of Islamic finance industry and provides a critical assessment (compared to conventional finance) оf mechanism of their functioning. Despite having obvious positive aspects, such as limitation of speculative or risky securitization, focusing on financing the real sector of economy and encouraging the direct interrelationship between financial and productive sectors, in our view, the mechanism of Islamic economics in some ways is at variance with a number of fundamental principles of effective economic activity. Objective factors (demographic, political, economic) cause an increase of role and influence of the industry over regional financial markets and international finance and determine the relevance of further research in this area. Today, Islamic finance comprises such commercial areas as capital markets, asset management and insurance. They represent all segments of modern financial market – commercial banking, operations with equity and venture capital, trade financing, insurance and even financial hedging. Only a small share of Muslims’ financial relations is provided in accordance with Islamic law. Under conditions of introducing the convenient, liquid and standardized financial instruments and further improvement of regulation for financial markets, redistribution of resources in favor of Islamic financial markets, as well as rapid growth of their share in international finance are expected.

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Selmier, W. Travis, and W. Kindred Winecoff. "Re-conceptualizing the political economy of finance in the post-crisis era." Business and Politics 19, no. 2 (June 2017): 167–90. http://dx.doi.org/10.1017/bap.2017.12.

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AbstractThis article introduces a special issue ofBusiness and PoliticsonProperty Rights, Financial Risk, and the Politics of a Networked Global Financial System. We introduce aspects of the articles in the issue and situate them within existing literatures in financial economics, public policy, political economy, regulation and governance, and network science. We do this through examining four key contributions in the special issue. First, we show that common conceptualizations of property rights in financial markets ignore the multidimensional nature of financial goods; examples of all goods types can be found in modern finance, and this fact has important implications for the politics and regulation of these markets. Second, we argue that models of financial actors as independent, atomistic agents neglect the relational nature of financial markets, and argue that theory and methodology from network science, financial economics and political economy provide useful ways to analyze these interdependent systems. Third, we discuss how the relational nature of risk leads to hierarchical patterns of financial interdependence, which bequeaths substantial amounts of power—within both market and political systems—to those actors that occupy core positions within the structure of interdependence. Fourth, we integrate ideas from papers in this special issue and related literature with concepts from the Ostrom School of political economy to consider how monitoring, self-governance, and polycentric applications might improve financial market governance. This issue's papers thus constitute one of the first combined attempts to bring the Ostrom School into substantive conversation with financial market governance and risk analysis through comparative and international political economy disciplines.

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Bordo, Michael, and Harold James. "The trade-offs between macroeconomics, political economy and international relations." Financial History Review 26, no. 3 (July 10, 2019): 247–66. http://dx.doi.org/10.1017/s096856501900012x.

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This article explains the problem of adjustment to the challenges of globalization in terms of the logic underpinning four distinct policy constraints, or trilemmas, and their interrelationship, and in particular the disturbances that arise from capital flows. The analysis of a policy trilemma was developed first as a diagnosis of exchange rate problems (the incompatibility of free capital flows with monetary policy autonomy and a fixed exchange rate regime); but the approach can be extended. The second trilemma we describe is the incompatibility between financial stability, capital mobility and national policy choice over exchange rates. The third example extends the analysis to politics, and looks at the strains in reconciling democratic politics with monetary autonomy and capital movements. Finally, we examine the security aspect and look at the interactions of democracy with capital flows and international order. The trilemmas, in short, depict the way that domestic monetary, financial, economic and political systems are interconnected with the international order, or the impossible policy choices at the heart of globalization. Frequently, the trilemmas conjure up countervailing anti-globalization tendencies and trends.

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MOZGOVYI, Oleg, Oleksii SUBOCHEV, and Oksana YURKEVYCH. "ISLAMIC FINANCE DOCTRINE: THE NATURE AND EVOLUTION (the end)." Economy of Ukraine 2018, no. 2 (February 2, 2018): 65–78. http://dx.doi.org/10.15407/economyukr.2018.02.065.

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The article identifies basic models of Islamic finance industry and provides a critical assessment (compared to conventional finance) оf mechanism of their functioning. Despite having obvious positive aspects, such as limitation of speculative or risky securitization, focusing on financing the real sector of economy and encouraging the direct interrelationship between financial and productive sectors, in our view, the mechanism of Islamic economics in some ways is at variance with a number of fundamental principles of effective economic activity. Objective factors (demographic, political, economic) cause an increase of role and influence of the industry over regional financial markets and international finance and determine the relevance of further research in this area. Today, Islamic finance comprises such commercial areas as capital markets, asset management and insurance. They represent all segments of modern financial market – commercial banking, operations with equity and venture capital, trade financing, insurance and even financial hedging. Only a small share of Muslims’ financial relations is provided in accordance with Islamic law. Under conditions of introducing the convenient, liquid and standardized financial instruments and further improvement of regulation for financial markets, redistribution of resources in favor of Islamic financial markets, as well as rapid growth of their share in international finance are expected.

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12

RIGUZZI, PAOLO. "From Globalisation to Revolution? The Porfirian Political Economy: An Essay on Issues and Interpretations." Journal of Latin American Studies 41, no. 2 (May 2009): 347–68. http://dx.doi.org/10.1017/s0022216x09005598.

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AbstractThis essay evaluates the political economy of Mexico during the Porfirian period (1876–1911), with the aim of discussing advances in scholarship and presenting an outline of the elements for a future research agenda. To this end, the essay examines the current state of knowledge on four crucial aspects of the Mexican economy: growth and its dimensions; the state, finance and economic strategies; the construction and functioning of the internal market; and the international economic relations of Mexico during the first period of globalisation. In particular, it assesses the arguments that link features of Porfirian economic organisation with the outbreak of the Mexican Revolution in 1910.

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Drbohlav, Dušan. "La migration internationale en République tchèque Aspects démographiques et économiques." Revue d’études comparatives Est-Ouest 40, no. 01 (March 2009): 145–73. http://dx.doi.org/10.4074/s0338059909001077.

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Fyshchuk, Iryna, Roland Giese, and Layla Tussupova. "CHANGE MANAGEMENT PROCESS THROUGH TOURISM IN FINANCE ASPECTS ACCORDING TO THE TRANSNATIONAL PROJECT AS THE NEW SILK ROAD." Public Administration and Regional Development, no. 5 (September 10, 2019): 581–601. http://dx.doi.org/10.34132/pard2019.05.06.

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Finances in the international tourism are under the influence of globalization and integration processes the most dynamic development and becoming one of the influential factors on which it depends on growth of economy, increase of competitiveness of the country in world markets, improving the well-being of the population. Globalization refers to the process of globalization economic, political and cultural mutual rapprochement and education interconnections. The processes of globalization in the tourism market are characterized by change of technologies as change management approach, internationalization of business activity, modernization of transport infrastructure, the creation of a regulatory mechanism.

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JAEGER, BRUNA COELHO, and PEDRO VINICIUS PEREIRA BRITES. "Geoeconomics in the light of International Political Economy: a theoretical discussion." Brazilian Journal of Political Economy 40, no. 1 (March 2020): 22–36. http://dx.doi.org/10.1590/0101-31572020-2982.

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ABSTRACT Given the interdisciplinary nature of the field of IPE, this article aims to analyze the theoretical field of Geoeconomics, which is understood here as the study of the effects and the material causes of power disputes between different actors on the international order. In order to achieve this interconnection between the two analytical fields, checking the convergence with the IPE, it explores the parallels and oppositions between the theoretical aspects of Classical Geopolitics and Marxism, which are traditional IPE approaches. In addition, the concepts of Braudel and Gottmann are discussed as alternative and essentially geoeconomic views.

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Greenaway, David. "Trade Related Investment Measures: Political Economy Aspects and Issues for GATT." World Economy 13, no. 3 (June 28, 2008): 367–85. http://dx.doi.org/10.1111/j.1467-9701.1990.tb00601.x.

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ATKINSON, A. B. "Funding the Millennium Development Goals: A Challenge for Global Public Finance." European Review 14, no. 4 (September 8, 2006): 555–64. http://dx.doi.org/10.1017/s106279870600055x.

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The UN commitment to achieving the Millennium Development Goals (MDGs) by 2015 poses a major challenge. It is, first and foremost, a political challenge to wealthy countries, to provide the necessary transfer of resources, and to developing countries, to make effective use of these transfers. But it is also an intellectual challenge, to economists and other scientists, to better understand the processes by which the MDGs can be achieved. This article focuses on two aspects. On the substantive side, it examines how we can achieve increased funding for development, particularly via new methods of finance, such as global taxes. On the intellectual side, it describes how a new branch of economics is developing – global public finance – that can contribute to the analysis of new sources of funding for the MDGs and of the working of the global economy.

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Koltay, Jenö. "La réforme fiscale en Hongrie : problèmes intérieurs et aspects comparatifs." Revue d’études comparatives Est-Ouest 20, no. 2 (1989): 137–55. http://dx.doi.org/10.3406/receo.1989.1413.

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Schmidt, Ingo. "Rosa Luxemburg and the Critique of Political Economy, edited by Riccardo Bellofiore, London: Routledge, 2009." Historical Materialism 20, no. 1 (2012): 253–66. http://dx.doi.org/10.1163/156920612x634753.

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Abstract This review-essay discusses the contributions to Ricardo Bellofiore’s book Rosa Luxemburg and the Critique of Political Economy in their respective historical and theoretical contexts. A key goal of the book is to establish Luxemburg’s work as a ‘macro-monetary class approach’, which means linking an economic outlook on effective demand and finance with a political focus on class-struggles in the domestic and international arenas. This approach marks a significant, and positive, departure from widespread interpretations that separate Luxemburg’s political theory from her economic theory. Given the apparent limits of neoliberal globalisation it is also a very timely approach that can help us to understand the current conjuncture of economic and political crises. Bellofiore’s book offers a useful framework for such analysis but focuses much more on economic theory than on politics and the historical developments of global capitalism. To fully exploit the potential of Luxemburg’s political economy, complementary work on these latter two aspects has to be done.

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Lebkowski, Maciej, and Jan Monkiewicz. "L'informatique dans les pays du CAEM. Quelques aspects des politiques suivies." Revue d’études comparatives Est-Ouest 17, no. 4 (1986): 5–26. http://dx.doi.org/10.3406/receo.1986.1282.

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Spyros, Roukanas. "Measuring Economic Development and the Impact of Economic Globalisation." Studies in Business and Economics 15, no. 3 (December 1, 2020): 185–207. http://dx.doi.org/10.2478/sbe-2020-0053.

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Abstract The aim of this article is to measure economic development and the impact of economic globalisation under the prism of global political economy. Global political economy is a field of study that has its roots in international relations. The growth of world economic transactions after the collapse of the Bretton Woods system in the 1970s created the need for a new field of study, in order to explain the interdependence between politics and economics on the international level. Global political economy is the field of study that also examines the implications of economic globalisation for national economies and for the global economy. The concept of economic development is broader than economic growth, which is related to GDP growth. The concept of economic globalisation has changed the prospects of economic development for certain developed and developing economies. The main changes of economic globalisation are closely related to the following aspects of national economies: trade, finance, and production. The analysis of this article will reveal the effects of economic globalisation on different aspects of economic development. These aspects are studied under the prism of indexes such as Financial Development Index, openness to trade, Human Development Index, the GINI Index and other inequality indexes. The aftermath of the global economic crisis of 2007-2008 placed at the epicentre the interdependence of national economies and the issue of economic inequalities. The study of the aforementioned indexes will highlight the alterations that have occurred from the manifestation of the global economic crisis until today. The article is focusing on the following countries: China, Germany, Greece, and the United States for the last decade (2009-2019), on the basis of the available data.

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Bilotskiy, Sergiy, Nicole Danylova, Olena Grinenko, Oleksandra Karmaza, and Daria Koucherets. "Legal and economic aspects of Ukrainian enterprises activity at the European renewable energy market." Investment Management and Financial Innovations 14, no. 2 (June 2, 2017): 71–78. http://dx.doi.org/10.21511/imfi.14(2).2017.07.

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The article deals with a current trend of the global energy market, which is characterized by rising tension in relations between the performers of the energy market regulation mechanisms, and it leads to the emergence of alternative energy sources. The article is called to identify the causes of renewable energy markets nascence, to make comparative description of Ukrainian and European Renewable Energy Markets attractiveness, and to characterize the state policy change in a renewable energy market. Different interpretation of nature and classification of the field of renewable energy in foreign and Ukrainian approaches shows the problem of legal criteria of renewable energy markets regulation. It is proved the existence of double barrier penetration of the European market for renewable energy for Ukrainian companies, which includes compliance with the accepted EU Directives and compliance with the Rules of each member individually. The presence of clearly defined standards and certificates of quality for the European market allows producers to show the competitiveness of Ukrainian products in the international market and stimulate Ukrainian manufacturers. The presence of clearly formulated laws, stable and balanced political and legal environment of the EU allows Ukrainian producers of renewable energy to develop such a strategy that considers the time factor, as the primary parameter of competitiveness in international business. The market of solid biofuels in EU is under formation, its development timeframe and uncertainty of environmental risks becoming is especially important for Ukrainian producers.

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Samuelson, Paul A. "A few theoretical aspects of deregulation." Japan and the World Economy 15, no. 1 (January 2003): 131–33. http://dx.doi.org/10.1016/s0922-1425(02)00054-3.

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Lee, Shin‐wha. "Human security aspects of international migration: The case of South Korea." Global Economic Review 32, no. 3 (January 2003): 41–66. http://dx.doi.org/10.1080/12265080308422924.

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Voisin, Vanessa. "Les « individus demeurés en territoire occupé » : aspects singuliers de l'épuration en Russie soviétique, 1942-1949." Revue d’études comparatives Est-Ouest 37, no. 3 (2006): 199–236. http://dx.doi.org/10.3406/receo.2006.1780.

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Samuelson, Paul A. "Pure theory aspects of industrial organization and globalization." Japan and the World Economy 15, no. 1 (January 2003): 89–90. http://dx.doi.org/10.1016/s0922-1425(02)00053-1.

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Burnham, Peter. "Globalisation: states, markets and class relations." Historical Materialism 1, no. 1 (1997): 150–60. http://dx.doi.org/10.1163/156920697100414159.

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AbstractThe concept of ‘globalisation’ increasingly dominates economic and political debate in the 1990s. However, despite a profusion of commentaries and case studies on aspects of ‘globalisation’ such as ‘Japanisation', ‘Americanisation', ‘McDonaldisation’ and, of course, global information technologies, there are few radical interrogations of the notion of ‘globalisation/internationalisation’ and little discussion of the theoretical implications of recent changes in the global political economy (GPE). The central argument of this paper is that in order to make sense of these developments a broad focus is required which begins by conceptualising the changing nature of relations between national states in the global economy and concludes by understanding these relations in class terms. This is not simply to restate the importance of an international relations or international political economy ‘dimension', since these ‘disciplines’ fail absolutely to relate ‘interstate’ restructuring to the re-composition of class relations. Rather, the aim of the paper is to prompt a more general theoretical reorientation towards understanding the process of international restructuring as one undertaken by national states in an attempt to re-impose tighter labour discipline and recompose the labour/capital relationship. My starting point, therefore, is that global capitalism is still structured as an antagonistic state system, and that many of the changes which characterise the global political economy are introduced by states in an attempt to solve problems that have their roots in labour/capital conflict. In summary form, the paper concludes that the concept of ‘globalisation’ obscures more than it reveals and that Marx's understanding of the relationship between labour, capital and the state remains a more productive starting point for analysing contemporary global processes.

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Zhan, Changjie, Martin de Jong, and Hans de Bruijn. "Funding Sustainable Cities: A Comparative Study of Sino-Singapore Tianjin Eco-City and Shenzhen International Low-Carbon City." Sustainability 10, no. 11 (November 17, 2018): 4256. http://dx.doi.org/10.3390/su10114256.

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China has gone through a rapid process of urbanization, but this has come along with serious environmental problems. Therefore, it has started to develop various eco-cities, low-carbon cities, and other types of sustainable cities. The massive launch of these sustainable initiatives, as well as the higher cost of these projects, requires the Chinese government to invest large sums of money. What financial toolkits can be employed to fund this construction has become a critical issue. Against this backdrop, the authors have selected Sino-Singapore Tianjin Eco-city (SSTEC) and Shenzhen International Low-Carbon City (ILCC) and compared how they finance their construction. Both are thus far considered to be successful cases. The results show that the two cases differ from each other in two key aspects. First, ILCC has developed a model with less financial and other supports from the Chinese central government and foreign governments than SSTEC, and, hence, may be more valuable as a source of inspiration for other similar projects for which political support at the national level is not always available. Second, by issuing bonds in the international capital market, SSTEC singles itself out among various sustainable initiatives in China, while planning the village area as a whole and the metro plus property model are distinct practices in ILCC. In the end, the authors present a generic financing model that considers not only economic returns but also social and environmental impacts to facilitate future initiatives to finance in more structural ways.

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Hayashi, Fumio. "Introduction to aspects of Japan's prolonged slump special issue." Japan and the World Economy 18, no. 4 (December 2006): 357. http://dx.doi.org/10.1016/j.japwor.2006.11.001.

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Haseeb Ansari, Abdul, and Sri Wartini. "Application of precautionary principle in international trade law and international environmental law." Journal of International Trade Law and Policy 13, no. 1 (March 11, 2014): 19–43. http://dx.doi.org/10.1108/jitlp-04-2013-0006.

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Purpose – The purpose of writing this paper is to present a comparative but critical assessment of the applicability of the precautionary principle (PP) under the SPS Agreement, which is a part of the WTO regime by implication, and under the Cartagena Protocol, which has been made under the Convention on Biological Diversity. Design/methodology/approach – The paper presents an analytical exposition of both the sets of laws, trade law and environmental law. The methodology adopted is library based. The approach is to bring about an amicable co-existence of both the laws so that they could serve the dual purpose, i.e. promotion of trade and protection of “human, animal and plant life and health” and conservation of the environment. Findings – The DSB of the WTO should give due importance to the PP and should apply it liberally, keeping also in view the environmental aspects, so that along with free trade human, animal and plant health and life, and conservation of the environment are also protected. Practical implications – It will change the present paradigm and will bring both the sets of laws together. Originality/value – It focuses on the life and heath of poor people around the world. It, thus, pleads for application of strong PP.

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Bagwell, Kyle, and Robert W. Staiger. "Informational aspects of foreign direct investment and the multinational firm." Japan and the World Economy 15, no. 1 (January 2003): 1–20. http://dx.doi.org/10.1016/s0922-1425(02)00034-8.

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Spiller, Pablo T., and Richard G. Vanden Bergh. "Toward A Positive Theory of State Supreme Court Decision Making." Business and Politics 5, no. 01 (April 2003): 7–43. http://dx.doi.org/10.2202/1469-3569.1061.

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State Supreme Courts have grown in importance during the last thirty years in the formation of public policy. Their judgements determine many aspects of constitutional law, tort reform, judicial selection, and campaign finance reform, among others. A vast body of literature has been developed that analyzes State Supreme Court decision making, which emphasizes the conditioning effects of the legal and institutional environment. This article expands on this previous work by incorporating the interaction of the judiciary with other government institutions, and applies the Positive Political Theory approach to law and legal institutions to the State Supreme Court. In addition, the neo-institutionalist literature of the selection process is incorporated to defend a systematic approach towards decision making. Towards that end, this article explores how judicial decisions are conditioned by institutional rules, resulting in a formal modeling of how the State Supreme Courts interact with political actors to form constitutional interpretation. This model includes the judicial selection process'retention or competitive reelection—and is extended to constitutional amendment rules, explaining how these two interact rather than acting independently. Finally, the hypothesis is tested that when State Supreme Court judges face retention elections and political preferences are homogeneous, the probability increases of observing constitutional amendment prosposals.

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Hillebrand, Evan E. "Deglobalization Scenarios: Who Wins? Who Loses?" Global Economy Journal 10, no. 2 (May 21, 2010): 1850197. http://dx.doi.org/10.2202/1524-5861.1611.

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The process of globalization is being harshly criticized for a variety of reasons, but mostly because the income of large and/or vocal segments of the population of this and other countries is threatened by the dislocation and competition of trade and investment and by the inability or unwillingness of states to compensate the losers. Based on analysis with the International Futures Model, this paper concludes that if globalization halts or recedes the results will be profoundly negative for most countries and most income groups. While a retreat into protectionism may improve income equality in some countries, it will reduce incomes of both the poor and the rich and poverty headcounts will be increased. In addition, political instability will rise in a majority of countries and the probability of interstate war will increase. These results suggest that it would be far better to deal with the negative aspects of globalization directly by improving trade adjustment assistance, providing more secure access to health care, and negotiating new international agreements that benefit all countries.

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Martelloni, Francesco, and Manuela Mosca. "DE VITI DE MARCO, THE “EUROPEAN WAR,” AND PRESIDENT WILSON." Journal of the History of Economic Thought 40, no. 2 (April 23, 2018): 179–99. http://dx.doi.org/10.1017/s1053837217000037.

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Italy entered the war in May 1915; the USA, in April 1917. One hundred years on, this paper examines the viewpoint of Antonio de Viti de Marco, the renowned Italian economist who was one of the founders of the pure theory of public finance. It first focuses on De Viti’s interpretation of the economic and political aspects of the Great War, and reconstructs his vision of the world conflict as a struggle between liberal democracies and authoritarian states. Second, the paper highlights the convergence of De Viti’s ideals with those of President Wilson, seen as the powerful international leader of the Italian democratic interventionists. It also clarifies that the “Wilsonianism” of this movement originated in the Italian Risorgimento, and suggests that this convergence was not coincidental. Finally, it shows how, after the war, the unconditional admiration De Viti felt for the American positions gave way to bitter disappointment.

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Tchouassi, Gérard, and Fondo Sikod. "Diaspora Remittances and the Financing of Basic Social Services and Infrastructure in Francophone Africa South of the Sahara." Perspectives on Global Development and Technology 5, no. 3 (2006): 239–55. http://dx.doi.org/10.1163/156915006778620070.

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AbstractMigration is a human phenomenon that has intensified during the past several decades, reflecting the dynamics of societies and upholding the fact of its being an eternal human phenomenon. Remittances are a form of showing the attachment the migrant has with the country of origin, and one of the most visible and beneficial aspects of how international migration is reshaping the countries of origin. The hypothesis investigated by this study is that diaspora remittances to Francophone Africa south of the Sahara contribute to finance basic social services and infrastructures. A descriptive approach, based on literature review and secondary data shows how the contribution of diaspora remittances is filling the gap in the provision of social services that official sources cannot fill.

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LIMA, GILBERTO TADEU. "Power and conflict in macropolicy-making: a note on a political economy of an incomes policy." Brazilian Journal of Political Economy 24, no. 4 (December 2004): 516–25. http://dx.doi.org/10.1590/0101-35172004-1608.

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ABSTRACT It is presented a brief and tentative analysis of some political economy aspects of a tax-based incomes policy by building on some contributions from the political microeconomy and the political macroeconomy. Primary attention is paid to some political and institutional requirements to be met by such policies, while troublesome technical issues are dealt with only to the extent that they have a bear- ing on those requirements.

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WILSON, GAIL. "Globalisation and older people: effects of markets and migration." Ageing and Society 22, no. 5 (September 2002): 647–63. http://dx.doi.org/10.1017/s0144686x02008747.

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This paper discusses the material aspects of globalisation and the effects of the movements of trade, capital and people around the world on older men and women. While some older people have benefited, most notably where pensions and health care are well developed, the majority of older men and women are among the poor who have not. Free trade, economic restructuring, the globalisation of finance, and the surge in migration, have in most parts of the world tended to produce harmful consequences for older people. These developments have been overseen, and sometimes dictated, by inter-governmental organisations (IGOs) such as the International Monetary Foundation (IMF), the World Bank and the World Trade Organisation (WTO), while other IGOs with less power have been limited to anti-ageist exhortation. Globalisation transfers resources from the poor to the rich within and between countries. It therefore increases social problems while simultaneously diminishing the freedom and capacity of countries to make social policy. Nonetheless, the effects of globalisation, and particularly its financial dimensions, on a nation's capacity for making social policy can be exaggerated. Political will can combat international economic orthodoxy, but the evident cases are the exception rather than the rule.

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Obstfeld, Maurice, and Alan M. Taylor. "Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited." Journal of the Japanese and International Economies 11, no. 4 (December 1997): 441–79. http://dx.doi.org/10.1006/jjie.1997.0385.

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Otekunrin, Adegbola, Kudzanai Matowanyika, and Chena Tafadzwa. "An Analysis of the Aspects Hampering Informal Sector Tax Administration: Case of the Zimbabwe Revenue Authority." International Journal of Financial Research 12, no. 5 (June 10, 2021): 10. http://dx.doi.org/10.5430/ijfr.v12n5p10.

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The main focus of the study was to ascertain the potential of the informal sector to provide much-needed revenue for the government. It also focused on the challenges faced in informal sector revenue taxation and possible solutions thereof. The Zimbabwe revenue authority has maintained presumptive tax for the sector and subcontracting to the city of Harare for the collection of revenue from the informal sector. Despite all this, the industry still underperformed in terms of revenue raised. The study sought to find out challenges of taxing the informal sector, the potential of the informal sector, the effectiveness of the Zimbabwe revenue authority in taxing the informal sector, and possible ways of improving the taxing of this rampant sector. The study found out that there is great potential from the informal sector, but turning it into tangible gains has been elusive due to political interference, lack of proper infrastructure, unfair application of tax laws and general mistrust of the government. The study recommended that the government ought to play an active role by making sure there is the political will to make sure that players in the informal sector contribute to the focus in line with Adam Smith’s general principles which include fairness and equity. There is a need for staffing levels to be commensurate with the workloads and also the motivation of the employees. The research also recommended the adaptation of Information Communication Technology to ensure accountability and traceability of transactions in the informal sector as they move away from a cash-based system recommendation.

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Rothschild, Kurt W. "A note on some socioeconomic and normative aspects of risk." Review of Political Economy 2, no. 3 (November 1990): 359–65. http://dx.doi.org/10.1080/09538259000000034.

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Gani, Azmat. "Some Aspects of Trade between Australia and Pacific Island Countries." World Economy 33, no. 1 (January 2010): 89–106. http://dx.doi.org/10.1111/j.1467-9701.2009.01189.x.

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Whelan, Bernadette. "Ireland, the Marshall Plan, and U.S. Cold War Concerns." Journal of Cold War Studies 8, no. 1 (January 2006): 68–94. http://dx.doi.org/10.1162/152039706775212076.

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The implementation of the Marshall Plan in Europe from 1947 to 1951 has been increasingly well documented as archival materials have become available. Although U.S. motivations and the extent of the U.S. contribution to rehabilitating and uniting Europe, thwarting Communism, and consolidating democracy are still debated by historians, there is little disagreement about the impressive size and logistics of the program. However, not all of the assistance delivered was in the form of food, finance, and technical advice. Ideological and psychological weapons were also used. This article examines all of these aspects of the Marshall Plan and how the campaigns actually worked in a country that has often been left out of analyses of the postwar reconstruction Ireland. Because Ireland had been neutral during the war and wanted to remain neutral afterward, the question of participating in a U.S. sponsored program that did not include the Communist European states (because the Soviet Union vetoed their participation) raised sensitive questions within Ireland about the desirability of being so conspicuously aligned with a Western bloc.

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Conac, Pierre-Henri. "The International Organisation of Securities Commissions (IOSCO), Europe, Brexit, and Rethinking Cross-border Regulation: A Call for a World Finance Organisation." European Company and Financial Law Review 17, no. 1 (March 5, 2020): 72–98. http://dx.doi.org/10.1515/ecfr-2020-0005.

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The need to promote cross-border regulation and cooperation between supervisors of financial markets has become acute ten years after the 2008 global financial crisis. This is due to a rise in extra-territorial legislation and cross-border access to foreign markets conditioned on “equivalence” and “deference” among jurisdictions. Brexit has made the issue more critical in Europe because the United Kingdom will rely on “equivalence” decisions on many aspects of its future cross-border financial relationships with the European Union. Equivalence decisions by the European Commission are based on a technical assessment but also include a political dimension which can punish or reward the other party. It is not just a European issue since the financial world will be more connected in the next twenty years and will need to rely even more on cross-border cooperation and equivalence. In addition, the amount of bilateral equivalence assessments and decisions could very quickly become unmanageable with dozens of jurisdictions dealing with hundreds of various regimes. The global financial architecture needs to be adapted, market fragmentation to be pre-empted, and international standards to become more granular. The International Organisation of Securities Commission (IOSCO), made up of all securities supervisors in the world, should play a leading role in cross-border regulation and deference. It is the interest of many Europeans countries, and not just the European Union, to be the driving force to strengthen IOSCO so that a more rule-based and cooperative system can prevail and prevent future market fragmentation. For this goal to be achieved, IOSCO should become a new treaty-based World Finance Organisation.

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Wee-Ming Lau, László Józsa, Yoong-Wai Chan, Yee-Ling Fong, Hiram Ting, and Kim-Lim Tan. "Beliefs and Attitude towards Political Advertising During Malaysia's GE14 Political Tsunami." International Journal of Business and Society 21, no. 1 (April 25, 2021): 285–99. http://dx.doi.org/10.33736/ijbs.3252.2020.

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The recent General Election in Malaysia has seen the opposition alliance form the government for the first time in its history. The tsunami that changed the country's political landscape has largely been attributed to the participation of young voters and the effect of political advertising transmitted through social media. Drawing upon the theory of reasoned action, the study tests the scale of beliefs about political advertising in relation to attitude towards political advertising among young voters. While the first phase of the study validated the belief components, the second phase tested and confirmed the effect of the belief components on attitude. As a result, three belief components of political advertising were extracted, including core values, actual values,andexternal values. The findings indicated that young Malaysian voters hold unfavourablebeliefs aboutpolitical advertising. Moreover, the beliefs about advertising’s core and external values have a direct effect on attitude towards political advertising. Given young voters use social media for nearly every aspect of their lives, the findings underscore the importance of understanding the potential effect of negative political advertising and its external elements during election campaigns.

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O’Donnell, Rod. "Some Misunderstood Aspects of the Final Chapter of Keynes’s General Theory." Review of Political Economy 31, no. 4 (October 2, 2019): 509–27. http://dx.doi.org/10.1080/09538259.2020.1751473.

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Ford, J. L. "Uncertainty, liquidity preference and portfolio choice: aspects of the Hicksian approach." Review of Political Economy 3, no. 3 (July 1991): 320–48. http://dx.doi.org/10.1080/09538259100000015.

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SANTOS, ULISSES PEREIRA DOS. "Regional distribution of the National System of Innovation actors and economic development: an international comparison." Brazilian Journal of Political Economy 37, no. 4 (December 2017): 850–69. http://dx.doi.org/10.1590/0101-31572017v37n04a11.

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ABSTRACT It is believed that actors of the National System of Innovation (NSI) influence and are influenced by regional aspects, like geographical allocation. Based on this perspective the scientific, technological and economical performances in sub-national divisions of nine developed and developing countries are analyzed in this paper. The aim is to evaluate the hypothesis on the existence of higher regional concentration of NSI actors in developing countries. The results suggest that this hypothesis may be correct, since S,T&I activities are more likely to be regionally concentrated in the richest regions in the developing countries analyzed, opposing what happens in developed countries.

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Rieger, Hans Christoph. "BOOK REVIEWS: Aspects of ASEAN, edited by Werner Pfennig and Mark M B Suh." Southeast Asian Economies 1, no. 3 (1985): 260–62. http://dx.doi.org/10.1355/ae1-3j.

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Mikhnevich, Sergey. "Pursuing Balance: Analysis of the PRC’s Implementation of Trade and Investment SDGs in Cooperation With Leading Partners From the Least Developed Countries." International Organisations Research Journal 15, no. 1 (April 5, 2020): 84–119. http://dx.doi.org/10.17323/1996-7845-2020-01-04.

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Implementation of the sustainable development goals (SDGs) is one of the key elements of the current international agenda. But some countries, in particular, the least developed countries (LDCs), face serious difficulties in doing so. Such states have very limited internal resources and cannot ensure their own development; as such, they require the involvement of more developed states. Therefore, a key factor to ensure sustainable development is the facilitation and widening of trade and investment cooperation with partners that can provide financing support for the most urgent investment gaps, demand for export products, and imports of necessary goods and services. Traditional collaboration models with partners from developed countries cannot fully meet the needs of the LDCs in the current international context. This situation provides windows of opportunity as new power centres pursue their economic and political goals. China (PRC) has a special place among these emerging powers. This article analyzes the economic cooperation of China with its 10 key trade partners among the LDCs (LDCs-10). The author suggests various rationales for the PRC’s cooperation with the LDCs, examines the importance of this cooperation for achieving the SDGs, and presents an applied methodology. The first part of the article covers the particularities and general assessment of China’s development finance. The author then analyzes the main aspects of China’s trade policy and its trade and economic cooperation with the LDCs-10. In conclusion, the author considers the dynamics of the key indicators of socio-economic and political development of the PRC and the LDCs-10 and evaluates the relative effectiveness and efficiency of their cooperation through the prism of the SDGs’ implementation.

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Gloveli, G. D. "Mercantilism, world-system hegemony and protoanalysis of national competitiveness." Journal of the New Economic Association 51, no. 3 (2021): 163–94. http://dx.doi.org/10.31737/2221-2264-2021-51-3-8.

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The article represents in a world-system retrospect the European mercantilist discourse versus William Petty’s “Political Arithmetic”. It is revealed that the elevation of the Dutch Republic (the United Provinces of the Northern Netherlands) as the first hegemonic power of the emerging capitalist world-system during 17th century, made this land the “reference area” of the balance-of-trade doctrine. It is demonstrated that W. Petty gave the most insightful and profound explanations of the commercial success and industrial competitiveness of Holland, including various structural and institutional aspects. It is exposed that, unlike other proponents of the doctrine of an active trade balance, Petty did not limit himself to characterizing the Dutch leadership in shipbuilding and navigation and transit trade. He recorded the advanced development in Holland of diversified agriculture (rotation of crops, dairy farming and industrial crops), energy (wind mechanization) and the manufacturing industry (especially on far-delivered raw materials). It is explained in the context of world-systems approach that Petty reflected the core–peripheral structure of the emerging system of the international division of labor and noted that the fastening of the specialization of European countries East of the Elbe in laborious agriculture was the seamy side of the Dutch domination in oversea trade and their specialization in highly profitable industries. In comparison with M. Porter’s “diamond of national competitive advantages”, it was explicated that W. Petty in “Political Arithmetic”, using the example of Holland, actually analyzed three of the four main elements of national competitiveness: 1) parameters of production factors; 2) segment structure and other demand conditions; 3) the presence in the country of related or supporting industries that are competitive in the international market. The foresight of Petty as a forecaster is noted, which allowed him to discern the essential signs of the rise of England as a new hegemonic power in the next systemic cycle of capitalist accumulation. The distinctive features of England as the reference area of Physiocracy and classical political economy are briefly characterized, in contrast to the Dutch reference area of the trade balance doctrine.

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Journal articles on the topic 'Political aspects of International finance'

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