2. On the Political Economy of Long-Run Trends in Strike Activity

1987 ◽  
pp. 52-76 ◽  
Keyword(s):  
Political Economy ◽  
The Political ◽  
Strike Activity ◽  
Long Run

On the Political Economy of Long-Run Trends in Strike Activity

1978 ◽  
Vol 8 (2) ◽  
pp. 153-175 ◽  
Author(s):  
Douglas A. Hibbs
Keyword(s):  
United States ◽  
Political Economy ◽  
The United States ◽  
The Political ◽  
Coal Miners ◽  
Strike Activity ◽  
The United Kingdom ◽  
Long Run ◽  
Industrial Societies ◽  
General Strike

Outbursts of strike activity in many industrial societies during the late 1960s and early 1970s focused considerable attention on relations between labour, capital and the state in advanced capitalist systems and led to many inquiries into the sources of the ‘new’ labour militancy. The events of May–June 1968 in France, the ‘hot autumn’ of 1969 in Italy, and the nation-wide strikes of the coal miners in 1972 and 1974 in the United Kingdom (the first since the great General Strike of 1926) are the most dramatic examples, but sharp upturns in strike activity in Canada (1969, 1972), Finland (1971), the United States (1970) and smaller strike waves in other nations also contributed to the surge of interest in labour discontent.

Strikers and the State: A Comment

1978 ◽  
Vol 8 (4) ◽  
pp. 479-492 ◽  
Author(s):  
Michael Shalev
Keyword(s):  
Political Economy ◽  
Political Action ◽  
Industrial Relations ◽  
Class Conflict ◽  
The Political ◽  
Acting Out ◽  
Strike Activity ◽  
Institutional Approach ◽  
Long Run ◽  
Political Perspective

Douglas Hibbs's article, ‘On the Political Economy of Long-Run Trends in Strike Activity’, is the most recent of several comparative studies of the strike which explicitly reject the narrowly institutional approach characteristic of the ‘industrial relations school’ in favour of a broader socio-political perspective. These new approaches have the advantage of reminding us that industrial conflict is something more than an accident in the collectivebargaining process. Rather, the strike constitutes one working-class strategy – political action is another – in the acting out of class conflict in a capitalist society.

The political economy of North-South commodity bargaining: the case of the International Sugar Agreement

1984 ◽  
Vol 38 (4) ◽  
pp. 709-731 ◽  
Author(s):  
Vincent A. Mahler
Keyword(s):  
Political Economy ◽  
European Community ◽  
World Trade ◽  
The Political ◽  
Short Term ◽  
International Commodity ◽  
Long Run ◽  
North And South

The historically unstable world trade in sugar has long stimulated multilateral efforts to stabilize sugar prices. In the negotiations leading to the International Sugar Agreement (ISA) of 1977, both producers and consumers were willing to make short-term concessions in the interest of reaching an accord that would benefit all in the long run–a pattern that has hardly been typical of North-South bargaining in general. But the ISA has failed to achieve its goal of more stable sugar prices in the years since its enactment. This failure is primarily due not to shortcomings in the agreement itself but rather to a major expansion of production in the only important sugar exporter that failed to ratify the ISA, the European Community. The ISA is important not only in its own right but also because it offers a good example of the promise–and the problems–of international commodity agreements in bringing about more stable and equitable relations between North and South.

scholarly journals POLITICAL ECONOMY AND ITS IMPACT ON INTERNATIONAL TRADE

2019 ◽  
Vol 7 (3) ◽  
pp. 651-660 ◽  
Author(s):  
Rabiul Islam ◽  
Ahmad Bashawir Abdul Ghani ◽  
Muhammad Fuad Othman ◽  
Laila Suriya Ahmad Apandi
Keyword(s):  
Political Economy ◽  
International Market ◽  
The Political ◽  
Local Market ◽  
Export Trade ◽  
Long Run ◽  
The World ◽  
The Subject ◽  
The Government ◽  
Import Quotas

Purpose of the study: The aim of this study was to relate the political economy and its impact on trade and development of economy. One of the currently witnessed changes that strike out the most from previous years is the relatedness of each political economy aspect of the world. The dimension of economy can be found in different problems throughout the world and economy has become the most prioritized aspect in the 21st century. Methodology: The data for this study were obtained from existing literatures on political economy and trade as well. The methodology heavily relied on the existing previous literatures on the subject being dealt with. Results: The findings indicated that the government could decide to intervene in markets with the intention of limiting import or maximizing export. Trade barriers might be applied for the intention of limiting imports such as tariffs, import quotas, native gratified necessities, directorial strategies, and anti-dumping policies. Implications: Protectionist policies are being implemented by country by the means of protecting the local market from international market that might risk the industries inside the nation and might resulted in the depletion of the nation’s sovereignty rate. Protectionist policy can be considered as a barrier towards trade but is essential for the long run local industry.

Small States in Global Markets

2021 ◽  
pp. 404-422
Author(s):  
Sam Brazys ◽  
Aidan Regan
Keyword(s):  
Political Economy ◽  
Foreign Direct Investment ◽  
Industrial Policy ◽  
Growth Model ◽  
Direct Investment ◽  
Global Markets ◽  
The Political ◽  
Small States ◽  
Macroeconomic Conditions ◽  
Long Run

The Irish foreign direct investment (FDI) growth model has attracted attention from around the globe. While a significant amount of attention has been focused on how tax strategies and industrial policy have helped attract FDI to Ireland, fewer have examined the domestic political economy that supports the model. In this chapter, we examine the spatial and sector nature of FDI in Ireland and find that it concentrates heavily in a small number of sectors and locations. Collectively, we argue that this concentration, pressure on the Irish tax regime, and changing global macroeconomic conditions may shake the political economy of the Irish FDI growth model and render it unsustainable in the long run.

On the Political Economy of Public Deficits and Debt

2014 ◽  
Vol 15 (1) ◽  
pp. 116-130 ◽  
Author(s):  
Gebhard Kirchgässner
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Public Debt ◽  
Considerable Increase ◽  
Oecd Countries ◽  
The Political ◽  
Public Budget ◽  
Public Finances ◽  
Long Run ◽  
Public Deficits

AbstractIn OECD countries, we have observed a considerable increase in public debt over recent decades caused by large and lasting deficits. What is the reason for this development and why is it rather different by country? There are two approaches to explain this. Traditional economic theory explains why it makes sense to allow deficits of public budgets in certain situations, which might result in a limited amount of public debt. It also shows the conditions for the sustainability of public finances namely that public debt stays below certain limits and, in particular, does not - in the long run - increase faster than GDP. Following the recommendations of this approach, public budget surpluses should be run in economic upswings to compensate for deficits in recessions. By contrast, politico-economic approaches explain why democratic governments have incentives to allow deficits even in periods of economic upswings. In the long run, this can lead to ever-increasing public debt. To prevent this, institutional provisions are necessary. In this respect, Swiss debt brakes at the national and cantonal levels as well as the new German rules are of particular interest.

scholarly journals Budget deficits, investment and economic growth: a panel cointegration approach

2018 ◽  
Vol 15 (3) ◽  
pp. 182-189 ◽  
Author(s):  
Goitsemodimo Abel Molocwa ◽  
Yohane Khamfula ◽  
Priviledge Cheteni
Keyword(s):  
Economic Growth ◽  
Political Economy ◽  
Budget Deficit ◽  
Positive Relationship ◽  
Panel Cointegration ◽  
The Political ◽  
Budget Deficits ◽  
Brics Countries ◽  
Long Run ◽  
Long Run Equilibrium

This paper discusses the political economy of budget deficits among the BRICS nations between 1997 and 2016 using a panel cointegration approach to determine the long-run relationship between economic growth, budget deficits, inflation and gross investment. The results of the study show a long-run equilibrium association among economic growth and the selected variables. Furthermore, there is a positive relationship between budget deficit, inflation, and economic growth, for the period under study for BRICS countries. Lastly, the results support the view that there is bi-directional linkage from budget deficit to economic growth and vice versa.

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