28/03/2005 |
Constitutions, Politics and Economics: A Review Essay on Persson and Tabellini's
Daron Acemoglu | NBER
In this essay I review the new book by Torsten Persson and Guido Tabellini, The Economic Effects of Constitutions, which investigates the policy and economic consequences of different forms of government and electoral rules. I also take advantage of this opportunity to discuss the advantages and disadvantages of a number of popular empirical strategies in the newly emerging field of comparative political economy. ...
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28/03/2005 |
Beyond Goods and Services: Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent FTAs involving ASEAN Countries
O G Dayaratna Banda and John Whalley | NBER
We discuss recent bilateral, regional, and country trade, partnership, and economic agreements involving both ASEAN as a single entity and individual ASEAN countries (Singapore, Thailand, Malaysia) focusing on their reach beyond conventional trade in goods and services issues. ...
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28/03/2005 |
Can Mutual Fund Managers Pick Stocks?
Malcolm Baker, Lubomir Litov, Jessica Wachter, and | NBER
"Average mutual fund managers show stock-picking skill, in the sense that the subsequent earnings announcement returns on their weight-increasing stocks are significantly higher than those on their weight-decreasing stocks." ...
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28/03/2005 |
Corporate Governance, Economic Entrenchment, and Growth
Randall Morck, Daniel Wolfenzon, and Bernard Yeung | NBER
"Control pyramids drive a wedge between the families' dominant control rights and the often-small amount of actual wealth invested in the companies they control." ...
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28/03/2005 |
Proteccionismo comercial
Aníbal Delgado | La Prensa (Ho)
No podemos concebir un programa de desarrollo nacional al margen de los procesos de integración económica. Los espacios geográficos reducidos no son apropiados para fundar sociedades florecientes. En la época moderna las naciones se unen para formar amplios mercados, complementar recursos y establecer regimenes de cooperación. ...
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27/03/2005 |
El dragón chino necesita petróleo
De Nuestra Redacción | Offnews.info
Cuando los índices del petróleo se disparan, las responsabilidades recaen sobre los mismos actores internacionales de siempre: la OPEP, Irak, Estados Unidos y las amenazas terroristas en los países productores. En medio de tanto ruido, un nuevo artífice ha irrumpido sigilosamente en escena: China. ...
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27/03/2005 |
El dragón chino necesita petróleo
De Nuestra Redacción | Offnews.info
Cuando los índices del petróleo se disparan, las responsabilidades recaen sobre los mismos actores internacionales de siempre: la OPEP, Irak, Estados Unidos y las amenazas terroristas en los países productores. En medio de tanto ruido, un nuevo artífice ha irrumpido sigilosamente en escena: China. ...
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26/03/2005 |
The 500-Mile-Per-Gallon Solution
Max Boot | Los Angeles Times
Soaring oil prices -- crude is over $55 a barrel and unleaded gasoline over $2 a gallon -- are not much of an economic or political issue. Yet. ...
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26/03/2005 |
India: A Hub for Globalization
Raghuram G. Rajan | The Globalist
India is a democratic, multi-cultural society with a free press. But is it ready to be a core part of a globally integrated economy? Instead of going through the familiar litany of strengths and weaknesses, Raghuram Rajan, the IMF's Chief Economist, asks: Which adjustments do Indians have to make in order to compete in global markets? He presents his views here in a private capacity — as a citizen of India. ...
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26/03/2005 |
The 500-Mile-Per-Gallon Solution
Max Boot | Los Angeles Times
Soaring oil prices -- crude is over $55 a barrel and unleaded gasoline over $2 a gallon -- are not much of an economic or political issue. Yet. ...
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