Empirical Analysis of Policy Ideas and Policy Choices: A Focus on a Comparison of Economic Policy Direction

2019 ◽  
Vol 57 (3) ◽  
pp. 89-115
Author(s):  
Kidong Ko
Author(s):  
Miguel-Angel Galindo-Martín ◽  
María-Teresa Méndez-Picazo

The literature has traditionally focused on the relationship between innovation and entrepreneurial activity, adopting mainly two perspectives when addressing entrepreneurship: empirical studies focusing on the behaviour of companies, and studies that consider entrepreneurship as a factor promoting the achievement of economic policy objectives. Following Schumpeter, innovation is a key source of value creation, generating growth in companies and the economy as a whole. But it is also important to remember the feedback effects generated in this process. This chapter analyses the relationship among three variables: entrepreneurship, innovation, and value creation, as well as the subsequent feedback effects. The theoretical aspects are considered and an empirical analysis is developed for the case of some European countries.


2021 ◽  
pp. 19-41
Author(s):  
Antonio Magliulo

The aim of this essay is to assess how the debate on the Great Depression of 1929 changed Italian economic culture in the transition from Fascism to the Republic. The essay is divided into three paragraphs. In the first, we will look at the international debate dominated by the dispute between Hayek and Keynes and by Röpke’s synthesis. In the second, we will analyse the debate in Italy, which is characterised by the convergent synthesis proposed by Bresciani Turroni, Einaudi and Fanno. The last section will outline the economic policy choices of the Fascist regime and the legacy of the debate on the great crisis in the period of post-war reconstruction


Subject Nigerian economic policy. Significance Predicting the policy direction of President Muhammadu Buhari’s second term appears complicated given inconsistencies in key appointments to his administration. His new cabinet is composed of political loyalists unlikely to oppose his protectionist agenda. Conversely, Buhari has revamped his economic team to include free marketeers and staunch critics of his economic record thus far. However, recent policy measures suggest that the latter will have limited effect on the president’s underlying agenda. Impacts Plans to comply with OPEC production cuts will further worsen the outlook for foreign reserves and the naira. The slight acceleration of GDP growth to 2.3% this year may not be sustained into 2020 if protectionist policies persist. Improvements in the overall business environment ranking mask ongoing weakness in crucial indicators such as electricity supply.


2001 ◽  
Vol 34 (1) ◽  
pp. 3-29 ◽  
Author(s):  
DELIA M. BOYLAN

This article builds on previous work examining the incentives facing authoritarian elites to use central bank reform to constrain the economic policy choices of future governments. It suggests that because creating an autonomous agency is costly, authoritarian elites will only cede policymaking powers to an independent body commensurate with the degree of democratic threat that they face. When a transition is looming, insulation should be complete so as to tie the hands of successor governments to the greatest extent possible. But when this risk of replacement is milder, incumbent elites will be careful to design rules that continue to afford them some margin of maneuver as long as they remain in office. The Mexican central bank reform of 1993 is used as an illustration of the partial insulation strategy at work.


Finisterra ◽  
2012 ◽  
Vol 35 (70) ◽  
Author(s):  
Margarida Queirós

UTILITARIANISM OR EQUITY? DILEMMAS FOR ENVIRONMENT AND LAND USE. The aim of this note is to stimulate discussion as to the criteria behind land use planning and the distribution of natural resources to achieve a sense of social well-being. When determining strategies on how to use these resources and other environmental services, considerations involving efficiency versus equity reveal value choices and contradictory opinions that we seek to question. Numerousexamples demonstrate that certain economic policy choices which affect environment and land planning are responsible for the emergence of predicaments known as the ‘prisoner’s dilemma’ and the ‘tragedy of the commons’. ‘No free lunch’ belongs to a group of conservation laws that steers towards the painful awareness that traditional economic policy has still severe limitations.


Sign in / Sign up

Export Citation Format

Share Document