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Articles 1 - 30 of 1998

Full-Text Articles in Political Economy

Mutant Neoliberalism: Market Rule And Political Rupture [Table Of Contents], William Callison, Zachary Manfredi Nov 2019

Mutant Neoliberalism: Market Rule And Political Rupture [Table Of Contents], William Callison, Zachary Manfredi

Sociology

Tales of neoliberalism’s death are serially overstated. Following the financial crisis of 2008, neoliberalism was proclaimed a “zombie,” a disgraced ideology that staggered on like an undead monster. After the political ruptures of 2016, commentators were quick to announce “the end” of neoliberalism yet again, pointing to both the global rise of far-right forces and the reinvigoration of democratic socialist politics. But do new political forces sound neoliberalism’s death knell or will they instead catalyze new mutations in its dynamic development?

Mutant Neoliberalism brings together leading scholars of neoliberalism—political theorists, historians, philosophers, anthropologists and sociologists—to rethink ...


Whither The Regulatory “War On Coal”? Scapegoats, Saviors, And Stock Market Reactions, Cary Coglianese, Daniel E. Walters Oct 2019

Whither The Regulatory “War On Coal”? Scapegoats, Saviors, And Stock Market Reactions, Cary Coglianese, Daniel E. Walters

Faculty Scholarship at Penn Law

Complaints about excessive economic burdens associated with regulation abound in contemporary political and legal rhetoric. In recent years, perhaps nowhere have these complaints been heard as loudly as in the context of U.S. regulations targeting the use of coal to supply power to the nation’s electricity system, as production levels in the coal industry dropped nearly by half between 2008 and 2016. The coal industry and its political supporters, including the President of the United States, have argued that a suite of air pollution regulations imposed by the U.S. Environmental Protection Agency (EPA) during the Obama Administration ...


Community Forest In Liberia: The Interface Between Sustainable Charcoal Production And Deforestation, Amavie Clement Oct 2019

Community Forest In Liberia: The Interface Between Sustainable Charcoal Production And Deforestation, Amavie Clement

Capstone Collection

The available data establishes a direct correlation between charcoal production and forest degradation and deforestation in Liberia. Charcoal is the primary energy source for Liberians, especially in urban areas where the bulk of the population lives. It is expected to be the mainstay energy source for years to come because it is affordable, accessible, and convenient to use compared to other forms of energy (i.e. electricity and petroleum gas). However, the current model of charcoal production, based on indiscriminate felling of trees, poses a danger to the environment as it results in widespread forest degradation and deforestation. Therefore, any ...


Introduction To The Special Issue On The Blue Economy Of Bangladesh, Pawan G. Patil, Pierre Failler, Khurshed Alam Oct 2019

Introduction To The Special Issue On The Blue Economy Of Bangladesh, Pawan G. Patil, Pierre Failler, Khurshed Alam

Journal of Ocean and Coastal Economics

Introduction to the Special Edition on the Blue Economy of Bangladesh by the Editors of the Special Edition.


Human Rights And Economic Democracy: Reinvigorating The Human Rights Movement, Curtis T. Kline Oct 2019

Human Rights And Economic Democracy: Reinvigorating The Human Rights Movement, Curtis T. Kline

Conference: The Social Practice of Human Rights

A 2018 report from the Intergovernmental Panel on Climate Change (IPCC) concluded that in order to avoid a seemingly inevitable ecological collapse that would bring intense suffering especially on the most marginalized and excluded sectors; the world needs to develop “rapid, far-reaching and unprecedented changes in all aspects of society”. There are many local experiences which demonstrate the possibilities of achieving these needed changes. There are a number of community organizations and associations, social movements, and municipal efforts, among others, with creative visions on this front. In Jackson, Mississippi, for example, Cooperation Jackson strives to be a means to help ...


Toward Fair And Sustainable Capitalism: A Comprehensive Proposal To Help American Workers, Restore Fair Gainsharing Between Employees And Shareholders, And Increase American Competitiveness By Reorienting Our Corporate Governance System Toward Sustainable Long-Term Growth And Encouraging Investments In America’S Future, Leo E. Strine Sep 2019

Toward Fair And Sustainable Capitalism: A Comprehensive Proposal To Help American Workers, Restore Fair Gainsharing Between Employees And Shareholders, And Increase American Competitiveness By Reorienting Our Corporate Governance System Toward Sustainable Long-Term Growth And Encouraging Investments In America’S Future, Leo E. Strine

Faculty Scholarship at Penn Law

To promote fair and sustainable capitalism and help business and labor work together to build an American economy that works for all, this paper presents a comprehensive proposal to reform the American corporate governance system by aligning the incentives of those who control large U.S. corporations with the interests of working Americans who must put their hard-earned savings in mutual funds in their 401(k) and 529 plans. The proposal would achieve this through a series of measured, coherent changes to current laws and regulations, including: requiring not just operating companies, but institutional investors, to give appropriate consideration to ...


Summary: Economic Return Of Nation Brands, David J. Reibstein Sep 2019

Summary: Economic Return Of Nation Brands, David J. Reibstein

Wharton PPI B-School for Public Policy Seminar Summaries

It is generally considered good business practice for a company to invest in its brand. A positive brand image typically results in a more loyal customer base and an overall increase in profit. Likewise, nations have brands, and the reputation of a country has an economic impact on its gross domestic product (GDP).


Summary: Effects Of The Us Worldwide Tax Regime On Domestic Investment, Jennifer L. Blouin Sep 2019

Summary: Effects Of The Us Worldwide Tax Regime On Domestic Investment, Jennifer L. Blouin

Wharton PPI B-School for Public Policy Seminar Summaries

There are two basic systems for international corporate taxation. The US operates under a worldwide taxation system, in which the US government asserts its right to tax the global income of US resident corporations, whether that income is earned within the US or outside it. The US is the only G7 nation that maintains such a tax system. The majority of other nations in the world use a territorial taxation regime. A territorial regime embodies a source-based system where countries only tax business activity that happens within their borders. This summary of Professor Jennifer Blouin's B-School Seminar, focuses on ...


Token Representation?: Impact Of Female Reservations In Panchayati Raj Institutions In Elections To State And National Legislatures, Surbhi Bharadwaj Sep 2019

Token Representation?: Impact Of Female Reservations In Panchayati Raj Institutions In Elections To State And National Legislatures, Surbhi Bharadwaj

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

Reservations have long formed a fundamental tenet of affirmative action in India. Quotas for representation of various disadvantaged groups proliferate across public educational institutions and government jobs. However, elections to public office have largely escaped such quotas, except those that are caste-based. A shift in this status quo occurred in 1992 with the establishment of the Panchayati Raj system of grassroots governance. 34% of all seats under Panchayati Raj Institutions (PRIs) were to be reserved for women under the 73rd amendment. Another constitutional amendment passed in September 2009 increased PRI quotas for women to 50%. This paper seeks to examine ...


The ‘Security Pacific Letter’: Estimating The Causal Effect Of Securitization On Banks’ Systemic Exposure, Paul-Angelo Dell'isola Sep 2019

The ‘Security Pacific Letter’: Estimating The Causal Effect Of Securitization On Banks’ Systemic Exposure, Paul-Angelo Dell'isola

Dartmouth Undergraduate Journal of Politics, Economics and World Affairs

This paper aims to test the hypothesis of the ‘Safe Asset narrative’

which states that banks became manufacturers of pseudo safe assets to meet

a global shortage of safe assets in the pre-crisis period. In this narrative,

securitization is the mechanism which enables banks to become underwriters

of safe assets. This paper takes this hypothesis to the data and attempts to

estimate the causal effect of securitization on banks’ systemic exposure. In

particular, this paper exploits a regulatory change that occurred in 1987 when

the OCC expanded the scope of assets US national banks could securitize. By

using state-chartered banks ...


An Addiction To Capitalism: A Rhetorical Criticism Of Mainstream Environmentalism, Jake Engel Sep 2019

An Addiction To Capitalism: A Rhetorical Criticism Of Mainstream Environmentalism, Jake Engel

IdeaFest: Interdisciplinary Journal of Creative Works and Research from Humboldt State University

No abstract provided.


Improving Future Policy Responses To Foreseeable Bank Risk-Taking, Joao F. Gomes, Marco Grotteria, Jessica A. Wachter Sep 2019

Improving Future Policy Responses To Foreseeable Bank Risk-Taking, Joao F. Gomes, Marco Grotteria, Jessica A. Wachter

Wharton Public Policy Initiative Issue Briefs

This brief offers new perspectives on the behavior of banks during the financial crisis of 2007-08 and the limited success of unconventional monetary policies in stimulating bank credit to the private sector during the subsequent economic recovery. The common narrative about the financial crisis is that it was caused by a large credit expansion with overly risky loan-granting behavior by banks. We argue, however, that banks actually made optimal financial decisions in the lead-up to the crisis, based on their calculation of their franchise value. The brief explains the mechanics of franchise value—how it led banks to shift their ...


Political Connections And The Value Of Cash Holdings, Yuanto Kusnadi Sep 2019

Political Connections And The Value Of Cash Holdings, Yuanto Kusnadi

Research Collection School Of Accountancy

This study examines how political connections influence the value of cash holdings in an international setting. The main finding reveals that political connections are not associated with the value of cash holdings in the overall sample. However, further analysis demonstrates that political connections are negatively associated with the value of cash holdings for firms inemerging markets and in countries with high levels of corruption. Moreover, the negative valuation of cash holdings is driven by firms that are connected through large shareholders. Overall, the findings provide new insights into the value relevance of cash holdings, especially for politically connected firms.


The Origins Of The Jones Act Of Puerto Rico, Stephanie Mercedes Sep 2019

The Origins Of The Jones Act Of Puerto Rico, Stephanie Mercedes

All Dissertations, Theses, and Capstone Projects

After the Spanish-American War that ended in 1898, Puerto Rico was given to the United States by Spain as a war booty, becoming a US colony. The first law ever created by the United States to control Puerto Rico was the Foraker Act (also known as the Organic Act of 1900). This established a civilian government in Puerto Rico. It also extended the federal government rulings to the island. After its creation, the Puerto Rican population began to wonder what their political status was since nothing was concretized until the Jones Act was signed. The Merchant Marine Act of 1920 ...


Europe's (Lack Of) Welfare Chauvinism: Evidence From Surveys And Spending, Ethan Davis Aug 2019

Europe's (Lack Of) Welfare Chauvinism: Evidence From Surveys And Spending, Ethan Davis

Claremont-UC Undergraduate Research Conference on the European Union

Immigration’s effect on European welfare states is complicated. On one hand, increased immigration might undermine social solidarity and impose greater fiscal burdens on redistribution, reducing support for welfare spending. On the other, natives could respond to greater globalization with economic anxiety, increasing support for redistribution in order to mitigate risk. Welfare chauvinism predicts a mixed effect—increased spending for programs that middle-class natives use and reduced spending for programs that benefit immigrants disproportionately. I test this theory by analyzing (1) European attitudes towards immigration and welfare spending and (2) actual spending on these programs, particularly social housing. Additionally, I ...


The Finch Effect: Evolutionary Metaphors And Illiberal Democracy In Central And Eastern Europe, Abigail Woodfield Aug 2019

The Finch Effect: Evolutionary Metaphors And Illiberal Democracy In Central And Eastern Europe, Abigail Woodfield

Claremont-UC Undergraduate Research Conference on the European Union

In recent years, several states in Central and Eastern Europe have seen democratic digression. Such illiberal resurgences came as a surprise to the many political scientists who assumed that the future of these states was democratic. Indeed, after the fall of the Soviet Union, the world largely regarded liberal democracy as the predominant system of government. The future seemed bright, and it was tempting to understand that future in evolutionary terms—just as humans evolved under natural selection to become the dominant species, democracy had survived a similar competition and defeated all other systems of government to become the dominant ...


Capturing Regulatory Agendas?: An Empirical Study Of Industry Use Of Rulemaking Petitions, Daniel E. Walters Aug 2019

Capturing Regulatory Agendas?: An Empirical Study Of Industry Use Of Rulemaking Petitions, Daniel E. Walters

Daniel Walters

A great deal of skepticism toward administrative agencies stems from the widespread perception that they excessively or even exclusively cater to business interests. From the political right comes the accusation that business interests use regulation to erect barriers to entry that protect profits and stifle competition. From the political left comes the claim that business interests use secretive interactions with agencies to erode and negate beneficial regulatory programs. Regulatory “capture” theory elevates many of these claims to the status of economic law. Despite growing skepticism about capture theory in academic circles, empirical studies of business influence and capture return ambiguous ...


Frand And Antitrust, Herbert J. Hovenkamp Aug 2019

Frand And Antitrust, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

This paper considers when a patentee’s violation of a FRAND commitment also violates the antitrust laws. It warns against two extremes. First, is thinking that any violation of a FRAND obligation is an antitrust violation as well. FRAND obligations are contractual, and most breaches of contract do not violate antitrust law. The other extreme is thinking that, because a FRAND violation is a breach of contract, it cannot also be an antitrust violation.

Every antitrust case must consider the market environment in which conduct is to be evaluated. SSOs operated by multiple firms are joint ventures. Antitrust’s role ...


Unraveling The Ethnoterritorial Fix In The Peruvian Amazon: Indigenous Livelihoods And Resource Management After Communal Land Titling (1980s-2016), Ramzi M. Tubbeh, Karl S. Zimmerer Aug 2019

Unraveling The Ethnoterritorial Fix In The Peruvian Amazon: Indigenous Livelihoods And Resource Management After Communal Land Titling (1980s-2016), Ramzi M. Tubbeh, Karl S. Zimmerer

Journal of Latin American Geography

Indigenous rights organizations in Latin America consider territorial control the paramount condition for the reproduction of indigenous peoples’ cultures, the security of their livelihoods, and the pursuit of autonomy. In the past several decades Latin American governments have increasingly recognized indigenous peoples’ rights to cultural difference and channeled their territorial claims by titling their lands as common property. This “territorial turn” is supported by narratives about indigenous peoples as stewards of the environment. The geographic areas associated with indigenous land titling have increased since the late 1980s. This article presents research based on a case study of present-day livelihoods and ...


Ostromian Lessons For Post-Disaster Resilience: Evidence From The 2015 Earthquake In Nepal, Veeshan Rayamajhee Aug 2019

Ostromian Lessons For Post-Disaster Resilience: Evidence From The 2015 Earthquake In Nepal, Veeshan Rayamajhee

Economics ETDs

The dissertation is organized in six chapters. The first chapter provides a synopsis of the four research articles that are comprised in this manuscript. It outlines the goals of each article and connects them to specific Ostromian insights to shed light on the empirical findings. Chapters 2, 3, and 5 are based on a field study that I conducted in Sindhupalchowk, Nepal following the devastating earthquake in 2015. Chapter 4 uses case studies from Chicago, New Orleans, Nepal, and Indonesia. The final chapter summarizes major lessons from the four papers.

The second chapter investigates household-level coping responses to the 7 ...


Does The Decriminalization Of Prostitution Reduce Rape And Sexually Transmitted Disease? A Review Of Cunningham And Shah Findings, Lily Lachapelle, Clare Schneider, Melanie Shapiro, Donna M. Hughes Aug 2019

Does The Decriminalization Of Prostitution Reduce Rape And Sexually Transmitted Disease? A Review Of Cunningham And Shah Findings, Lily Lachapelle, Clare Schneider, Melanie Shapiro, Donna M. Hughes

Dignity: A Journal on Sexual Exploitation and Violence

In 2013, research findings by Cunningham and Shah claimed that rape and sexually transmitted diseases were reduced by decriminalized prostitution in Rhode Island. The original unpublished claims have received wide media coverage which have gone unexamined. This review finds errors in their analyses. One error is the date when prostitution was decriminalized in Rhode Island. Cunningham and Shah claim that prostitution was decriminalized in 2003. Our analysis finds the date of decriminalization of prostitution was 1980. The change in the start date of decriminalization significantly alters the analysis and the findings. Another error results from Cunningham and Shah using an ...


The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter Jul 2019

The Oppressive Pressures Of Globalization And Neoliberalism On Mexican Maquiladora Garment Workers, Jenna Demeter

Pursuit - The Journal of Undergraduate Research at the University of Tennessee

The international economic trends of globalization and neoliberalism have exposed and enabled the exploitation of Mexican workers, especially women in the maquiladora garment industry. During the 1950s, globalization gave rise to the new international division of labor and transnational corporations (TNCs) that have offshored labor-intensive phases of production to developing countries, many of which have pursued export-led industrialization. Export processing in Mexico was encouraged in the 1960s by Item 807 of the U.S. Tariff Code and Mexico’s Border Industrialization Program. Especially following the Latin American debt crisis of the 1980s, advanced capitalist countries and International Financial Institutions foisted ...


The Price Of Independence In An Echo Chamber With Dependence Ambiguity, Lorán Chollete, Michael Klass, Victor De La Peña Jul 2019

The Price Of Independence In An Echo Chamber With Dependence Ambiguity, Lorán Chollete, Michael Klass, Victor De La Peña

WCBT Working Papers

How much should we pay to remove the interdependence of biased information sources? This question is relevant in both statistics and political economy. When there are many information sources or variables, their dependence may be unknown, which creates multivariate ambiguity. One approach to answer our leading question involves use of decoupling inequalities from probability theory. We present a new inequality, designed to cope with this question, which holds for any type of dependence across information sources. We apply our method to a simple formalization of a political echo chamber. For a given set of marginal information, this bound is the ...


Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec Jul 2019

Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec

Katrina Kosec

We investigate the classic question of how the provision of a local publicly-provided good--air quality--varies with the degree of decentralization of policymaking. Exploiting exogenous variation in the natural topography of the United States to instrument for the number of local government jurisdictions in a metropolitan area, we show that areas with more jurisdictions have significantly lower air quality, and significantly higher concentrations of the toxic air pollutants most closely associated with cancer and non-cancer health risks. Moreover, we estimate that this increase in pollution lowers housing values by at least 3%. By contrast, local drinking water quality--a publicly-provided good not ...


At The Hands Of Fate: The Political Economy Of Islamic Insurance In Indonesia, Malaysia, And Pakistan, C. 1980 To The Present, Muhammad S. Rahman Jul 2019

At The Hands Of Fate: The Political Economy Of Islamic Insurance In Indonesia, Malaysia, And Pakistan, C. 1980 To The Present, Muhammad S. Rahman

Graduate Program in International Studies Theses & Dissertations

Why have Islamic insurance systems developed well in some countries, but not in others? Malaysia is considered as Islamic insurance elite due to its relatively large number of operators it houses as well as the sustained growth of Islamic insurance sales within the country, while Indonesia and Pakistan are still in early stages of development. Analyzing the political and social history of Islamization of insurance systems in these three Muslim majority countries in Asia since 1980s, this dissertation demonstrates the development gap between these countries on Islamic insurance results from; firstly, complex bargains made between various groups within each country ...


Divergence Of Usda Trade Payments For Corn, Soybean, And Wheat Producers And ‘Nowcasts’ Of Tariff Impacts, Matthew Elliott, Lisa Elliott Jun 2019

Divergence Of Usda Trade Payments For Corn, Soybean, And Wheat Producers And ‘Nowcasts’ Of Tariff Impacts, Matthew Elliott, Lisa Elliott

Matthew Elliott

No abstract provided.


Principles Of Political Economy (Kindle Version.Mobi), Daniel E. Saros Jun 2019

Principles Of Political Economy (Kindle Version.Mobi), Daniel E. Saros

Daniel E. Saros

The MOBI file available here is ideal for viewing the textbook on the Kindle. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


Principles Of Political Economy (Nook Version.Epub), Daniel E. Saros Jun 2019

Principles Of Political Economy (Nook Version.Epub), Daniel E. Saros

Daniel E. Saros

The EPUB file available here is ideal for viewing the textbook on The Nook. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


Principles Of Political Economy (Digital Version.Pdf), Daniel E. Saros Jun 2019

Principles Of Political Economy (Digital Version.Pdf), Daniel E. Saros

Daniel E. Saros

The PDF file available here is ideal for viewing the textbook on electronic devices. This textbook offers a pluralistic approach to microeconomic theory, macroeconomic theory, and international economic theory. It adopts a critical approach to neoclassical economics and incorporates heterodox alternatives to mainstream economics throughout the book.


Essays On Human Capital, Growth And Innovation: Political Economy Perspective, Di Sima Jun 2019

Essays On Human Capital, Growth And Innovation: Political Economy Perspective, Di Sima

Dissertations and Theses Collection (Open Access)

The dissertation explores the role of human capital, education, and political institutions in the process of economic and political development. The first chapter shows that economic development such as secondary school enrollment rates during the democratization period exerts long-lasting effects on growth, possibly by giving permanent birthmarks to newly minted democratic institutions. Specifically, democracies born in weak development tend to have weak institutions and slow growth, while in contrast, those with adequate development at the political transition time establish strong institutions and achieve faster growth. The second chapter explores the effect of curriculum control in schooling on national innovation and ...