Wage Determination And Incomes Policy In Open Economies

Author by : Ms.Anne Romanis Braun
Languange : en
Publisher by : International Monetary Fund
Format Available : PDF, ePub, Mobi
Total Read : 71
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Description : Written by Anne Romanis Braun, a former staff member of the IMF's Research Department, this volume deals with the nature of wage determination and the problem of securing an economically appropriate development of money incomes in an open economy over the medium term.


Business And Banking

Author by : Paulette Kurzer
Languange : en
Publisher by : Cornell University Press
Format Available : PDF, ePub, Mobi
Total Read : 81
Total Download : 826
File Size : 44,8 Mb
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Description : As part of the postwar settlement, and especially since the 1960s, small European democracies instituted many entitlement programs and redistributive income policies. Each country has responded differently, however, to the economic stagnation that followed the turmoil in world trade and monetary relations of the 1970s. Comparing the recent history of relations among business, labor, and government in four countries, Paulette Kurzer addresses complex questions at the heart of contemporary debates in political economy. Kurzer challenges the assumption that the evolution of social arrangements between government, labor, and employers can be understood without examining the interests of capital and trends toward transnationalization. Business and Banking will be required reading for anyone concerned with the future balance between political and social institutions in Europe - including political scientists, comparativists, political economists, economic historians, and others interested in finance and public policy.


The Macroeconomics Of Open Economies Under Labour Mobility

Author by : George M Agiomirgianakis
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 25
Total Download : 493
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Description : First published in 1999, this study recognises the importance of international labour mobility for modern economics. This is in large part due to its effects on the size, age structure and skills of the labour force, the human flow between countries and the expected rise in scale as a result of income differentials, demographic pressures and differential labour-force growth rates along with developments in transport and communications. These migrations are increasingly volatile and unpredictable, whilst being concentrated in regions like Australia, the USA, Sub-Saharan Africa and Western Europe. Given the extensive literature on the microeconomic view, George M. Agiomirgianakis aims to extend the debate on open economy macroeconomics through an exploration of international labour mobilities and their effects on open economies with flexible exchange rates.


Finance Development March 1987

Author by : International Monetary Fund. External Relations Dept.
Languange : en
Publisher by : International Monetary Fund
Format Available : PDF, ePub, Mobi
Total Read : 45
Total Download : 817
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Description : The issue of capital flight from developing countries is discussed. The debt problems of developing countries coupled with the sharp decline in international lending to many countries have evoked great interest in the issue of private capital outflows, or capital flight, from these countries among international policymakers, academics, and in the general public. Residents of countries with exchange controls can purchase foreign exchange overseas by paying in local currencies, albeit at a higher cost than through official channels.


Macroeconomic Policy And The External Constraint In The Dependent Economy

Author by : George S. Alogoskoufis
Languange : en
Publisher by : Unknown
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Total Read : 85
Total Download : 602
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Description : In the paper I examine the trade-offs between internal and external balance and the role of macroeconomic policy in Greece. I estimate and test versions of the two principal open economy macromodels: the imperfect-substitutes, one-sector model, and the two-sector model with nontraded goods. Both are real general equilibrium models that highlight the pivotal role of wage and price setting for the determination of output, competitiveness and external balance. The results are unfavorable to the better-known imperfect-substitutes model, which is used more widely as the basis for modeling aggregate fluctuations in the main industrial economies.


Social Democracy Inside Out

Author by : David Rueda
Languange : en
Publisher by : OUP Oxford
Format Available : PDF, ePub, Mobi
Total Read : 64
Total Download : 446
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Description : The analysis in this book disputes entrenched interpretations of the comparative political economy of industrialized democracies. It questions, in particular, the widely-held assumption that social democratic governments will defend the interests of labor. The evidence shows that labor has become split into two clearly differentiated constituencies: those with secure employment (insiders) and those without (outsiders). The book focuses on three policy areas: employment protection (representing the main concern of insiders), and active and passive labor market policies (the main concern of outsiders). The main thrust of the argument is that the goals of social democratic parties are often best served by pursuing policies that benefit only insiders. The implication of the book's insider-outsider model is that social democratic government is associated with higher levels of employment protection legislation but not with labor market policy. The book also argues that there are factors can reduce insider-outsider differences and weaken their influence on social democratic governments. These hypotheses are explored through the triangulation of different methodologies. The book provides an analysis of surveys and macrodata, and a detailed comparison of three case-studies: Spain, the UK and the Netherlands. Its reinterpretation of the challenges facing social democracy will represent a significant contribution to the comparative politics and political economy literatures.


Trade Growth And Economic Policy In Open Economies

Author by : Karl-Josef Koch
Languange : en
Publisher by : Springer
Format Available : PDF, ePub, Mobi
Total Read : 47
Total Download : 360
File Size : 55,7 Mb
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Description : Part 1 of this volume focusses on globalization. Gains from trade, international competitiveness, labour market issues in open economies, customs unions, dumping and intra-firm trade are the topics of this part. Part 2 puts a stronger emphasis on dynamic economics. Social income, intergenerational transfers, public pension systems, and bequest and gift motives in overlapping generation models are main topics. Economic policies are analyzed in Part 3, including the relation between wage rigidity and migration, several aspects of German financial and monetary policy, as well as tax competition. The volume concludes with institutional issues of globalization, a western view on eastern transition, social cost of rent seeking, and the evolution of social institutions.


Macroeconomics

Author by : Andrew B. Abel
Languange : en
Publisher by : Addison Wesley
Format Available : PDF, ePub, Mobi
Total Read : 41
Total Download : 801
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The Delusion Of Incomes Policy

Author by : Samuel Brittan
Languange : en
Publisher by : London : Temple Smith
Format Available : PDF, ePub, Mobi
Total Read : 10
Total Download : 928
File Size : 49,5 Mb
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Description :


War And Welfare

Author by : J. Klausen
Languange : en
Publisher by : Springer
Format Available : PDF, ePub, Mobi
Total Read : 64
Total Download : 939
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Description : From belligerent to neutral countries, the civilian war economy that developed from 1939 to 1945 created the foundations for the postwar welfare state. War and Welfare examines the legacy of the 'warfare state' and reveals how it paved the path for the welfare state in ensuing decades. Jytte Klausen shows how the institutional marks made by World War II were critical to capitalist reform after the war. She argues that the warfare state was a gift to the European Left, and asserts that state-expansion and the changing domestic order during the war, in most countries regardless of their stances, anticipated the welfare state. When the war ended in 1945, the reconstruction process rested on piecemeal decisions to remove or retain war-time controls over the economy, ranging from state cartels to wage fixing. Klausen argues that the welfare state ratified prior changes in state-society relations and represented a continuation of institutional development undertaken during the war years. Meticulously researched and cogently argued, War and Welfare offers a different angle on the conception and construction of the welfare state, and lends insights into what may lie ahead in the future.


International Economic Institutions

Author by : M.A. van Meerhaeghe
Languange : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 78
Total Download : 753
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Description : Der Worte sind genug gewechse/t, lasst mich auch endlich Taten sehn. J.W. GOETHE Since the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which are analysed in Part 1, are spe cialized agencies linked by special agreements with the United Nations, a few words about the UN and two of the other specialized agencies, the Food and Agriculture Organization and the International Labour Organization, are called for. This is followed by a short account of the Bank for International Settlements, which is also referred to in connection with the IMF and the IBRD. The rest of this introduction is devoted to some non-European attempts at economic integration (which have not yet been very successful) and to the regional development banks. 1. The United Nations (UN) The United Nations comprises 159 countries (September 1986) which have accepted the Charter of the United Nations, which was signed at San Francisco on 26 June 1945 by fifty-one states and came into force on 24 October 1945. The aims of the organization include the maintenance of peace and security, the promotion of better standards of living and the encouragement of economic and social progress for all nations by means of international cooperation. The principal organs of the UN are: The General Assembly The Security Council The Economic and Social Council (ECOSOC) The Trusteeship Council The International Court of Justice The Secretariat.


Review Of The Year S Work

Author by : London School of Economics and Political Science. Centre for Economic Performance
Languange : en
Publisher by : Unknown
Format Available : PDF, ePub, Mobi
Total Read : 62
Total Download : 756
File Size : 45,5 Mb
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Incomes Policies

Author by : United States. Congress. Joint Economic Committee
Languange : en
Publisher by : Unknown
Format Available : PDF, ePub, Mobi
Total Read : 77
Total Download : 370
File Size : 41,8 Mb
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Constructing The International Economy

Author by : Rawi Abdelal
Languange : en
Publisher by : Cornell University Press
Format Available : PDF, ePub, Mobi
Total Read : 13
Total Download : 947
File Size : 42,8 Mb
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Description : Focusing empirically on how political and economic forces are always mediated and interpreted by agents, both in individual countries and in the international sphere, Constructing the International Economy sets out what such constructions and what various forms of constructivism mean, both as ways of understanding the world and as sets of varying methods for achieving that understanding. It rejects the assumption that material interests either linearly or simply determine economic outcomes and demands that analysts consider, as a plausible hypothesis, that economies might vary substantially for nonmaterial reasons that affect both institutions and agents' interests. Constructing the International Economy portrays the diversity of models and approaches that exist among constructivists writing on the international political economy. The authors outline and relate several different arguments for why scholars might attend to social construction, inviting the widest possible array of scholars to engage with such approaches. They examine points of terminological or theoretical confusion that create unnecessary barriers to engagement between constructivists and nonconstructivist work and among different types of constructivism. This book provides a tool kit that both constructivists and their critics can use to debate how much and when social construction matters in this deeply important realm. Contributors: Rawi Abdelal, Harvard Business School; Jacqueline Best, University of Ottawa; Mark Blyth, Brown University; Mlada Bukovansky, Smith College; Jeffrey M. Chwieroth, London School of Economics; Francesco Duina, Bates College; Charlotte Epstein, University of Sydney; Yoshiko M. Herrera, University of Wisconsin–Madison; Paul Langley, Northumbria University; Craig Parsons, University of Oregon; Catherine Weaver, University of Texas at Austin; Wesley W. Widmaier, Saint Joseph's University; Cornelia Woll, CERI-Sciences Po Paris


The Art Of Full Employment

Author by : Chris de Neubourg
Languange : en
Publisher by : North-Holland
Format Available : PDF, ePub, Mobi
Total Read : 63
Total Download : 966
File Size : 50,6 Mb
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Description : Full employment policy recommendations are highlighted in this book, based on insights which have been generated in economics for the last 15 years by means of theoretical as well as empirical research. The book consists of two parts; the first part emphasises employment problems in The Netherlands and Belgium, two small open economies which performed badly in the realisation of full employment when compared with other small open economies. The second part of the book adds a broad international dimension to the success (or absence of the success) of the policy in other (open) economies.


The Labor Market And Business Cycle Theories

Author by : Piero Ferri
Languange : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 37
Total Download : 815
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Description : Interest in business cycles has had its 'ups and downs'. After a period of almost steady state growth and of economic tranquility, when the business cycle seemed to be obsolete, the turbulence of the 70s and 80s has contributedto a renewed interest in the topic. Important analytical and methodological innovations have also favored the present abundance of contributions. Four innovations are of particular importance: i. microfoundations ii. nonlinearities iii. stochastic variables iv. real aspects. Both Classical macroeconomics and new-Keynesian approaches seem to share these characteristics, which apply both to endogenous and exogenous explanations of the cycle. The distance separating the newer literature from its forebears seems vast. Previously, cycle theory was characterized by a macro approach and utilized nonlinearities either through piecewise 'linear models or with the aid of Classical theorems in the field of dynamic systems. To consider and to compare the old and the new literature on business cycles is one of the goals of this book. To narrow the distance separating them is another goal of this research. We do not try to bridge it, but rather to revisit the former tradition with new tools. Finally, a particular emphasis is put on the 'ceilings and floors' type of literature. One of us has written a D. Phil. thesis with Sir John Hicks, and both have worked with H. P. Minsky. Hicks, along with Goodwin, introdu. ced the concept of ceilings and floors into business cycle analysis, and Minsky made important contributions to the area.


Democracy And Markets

Author by : John R. Freeman
Languange : en
Publisher by : Cornell University Press
Format Available : PDF, ePub, Mobi
Total Read : 42
Total Download : 816
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Description : Events of the 1970s and 1980s have provoked intense controversy about the desirability of existing political and economic institutions. On the basis of an analysis of social welfare in varying types of market systems and in certain democratic political systems, Democracy and Markets illuminates alternative directions for institutional reform. Examining in detail the experiences of several democratic European countries, John R. Freeman considers whether a mixed ownership structure is preferable to a private ownership structure; and whether a pluralist type of democratic politics is preferable to a corporatist type. Freeman compares the benefits of the two economic and two political systems separately, and then analyzes the workings of four basic political economies. This analysis yields a welfare taxonomy for alternative forms of democratic capitalism and more specifically a characterization of the blends of collective gain and distributional equity that can be achieved in the four systems. Freeman demonstrates the validity of this taxonomy through an empirical investigation of the political economies of Britain, Austria, Sweden, and Italy. Under current conditions, he concludes, the corporatist-mixed system produces the most desirable blend of welfare outcomes.


Incomes Policies Inflation And Relative Pay

Author by : Les Fallick
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 74
Total Download : 530
File Size : 45,6 Mb
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Description : This book, originally published in 1981, is a major reassessment of the strengths and weaknesses of incomes policies. A distinguished group of economists comprehensively review the rationale and history of the field, giving special attention to the role fo the public sector, the question of low pay and the differing approaches to incomes policies which have been adopted in Europe and North America.


Labour Relations And Development

Author by : ASEAN Tripartite Course on Labour Relations and Development
Languange : en
Publisher by : Unknown
Format Available : PDF, ePub, Mobi
Total Read : 62
Total Download : 509
File Size : 46,8 Mb
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Description :


Inflation Depression And Economic Policy In The West

Author by : Anthony S. Courakis
Languange : en
Publisher by : Rowman & Littlefield
Format Available : PDF, ePub, Mobi
Total Read : 73
Total Download : 802
File Size : 53,6 Mb
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Description : Experience during the last ten years has encouraged economists to review their judgements regarding behavior and policy. The experience of the 1970s brought inflation to prominence in the minds of policymakers and academic economists, raising questions about labor markets and other supply considerations, but also resulting in an atmosphere conducive to increasing attention on monetary and financial variables. An account of some of the issues that, in this environment, occupied the thoughts of economists and conditioned the responses of policymakers in various Western countries is what this volume is about.


Incomes Policies

Author by : Victor L. Urquidi
Languange : en
Publisher by : Springer
Format Available : PDF, ePub, Mobi
Total Read : 32
Total Download : 717
File Size : 49,8 Mb
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Description : A compilation of papers given at a Conference of the International Economic Association analyze the world-wide experiences of incomes policy when, in the 1970s and early 1980s, this was seen as a crucial target for government.