Technological advancements in the means of production are the driving force behind the changes in the prevailing system of socio-economic relations. Feudalism was transformed into capitalism as a result of such advancements. While man obtained physical freedom, the financial freedom remained...

Comparative political economy offers a wealth of hypotheses connecting decentralization to improved public service delivery. In recent years, influential formal and experimental work has begun to question the underlying theory and empirical analyses of previous findings. At the same time, many...

Utopian socialists believed that socialism is inevitable because it is a more rational system to organize production and life, a system more in line with the “good” nature of human beings. Marxism rejected this reasoning replacing it with what is known as historical materialism: social...

Abstract With the economic crisis in East Asia and a continuing boom in the US, American triumphialism is in the air. The latter is perhaps not unexpected and probably does no harm. But what is more questionable is the view held in the highest circles in the US Government and international...

Aristotle’s economics of exchange: (a) Ideally, reciprocal justice in bilateral bargaining to minimize expenditure given utility levels results in Pareto-efficient, envy-free, equitable outcomes. (b) Practically, bargaining under the threat or actual recontracting may act as a surrogate of...

The objective of this article is to analyze the different ways that allow addressing the issue of business competitiveness under the economic, political, social and cultural scenario at the municipal, regional, national and international levels, for which a documentary investigation is developed...

Banking structure is redesigned to make India a fully digital nation and to usher in 100% E-governance. Application of this new restructured banking system:- Banking is expanded so that taxation, tax collections, tax enforcement, tax compliance, registration departments, pass port offices, land...

An article about the dialectical laws of the genesis of social organization and social systems. The author suggests using a new classification of social relations for the methodological study of the evolution of social systems. The work is based on the methodology of general systems theory and...

The thesis is devoted to studying the role of systemic contradictions in social development, the consideration of objective reasons and the conditions of their occurrence, the relationship of systemic contradictions with the processes of formation of social interests, as well as the construction...

This paper revisits the discussion on determinants of budget balances and investigates the change in their effect in light of the COVID-19 crisis by utilizing data on 43 countries and a system generalized method of moments approach. The results show that the overall impact of the global pandemic...