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An economic model of how a Marxist state should work
Persistent link: https://www.econbiz.de/10015253187
The Orange Revolution in the fall of 2004 built great hopes for a better future for Ukraine. However, three years later those hopes have been replaced by disappointment, frustration and confusion. Although progress in the areas of political freedom, pluralism, civil rights and freedom in the...
Persistent link: https://www.econbiz.de/10015271258
Poverty has been a common feature in all human societies since the dawn of civilization. Purchasing power of an individual decides her standard of living. In many cases, it even decides whether a person can live or not (eg: in starvation or malnourishment, victims have no purchasing power to buy...
Persistent link: https://www.econbiz.de/10015258349
The present transition in Guinea-Bissau is often described as an internal affair, triggered off by “bad government”, i … dependent. This article advocates a more balanced problem analysis: Whereas the impact of internal forces on the transition is …
Persistent link: https://www.econbiz.de/10015240933
Economic theory tells that a command system allocates resources poorly because of the impossibility of economic calculation. Therefore, once prices are freed and start to operate at quasi-equilibrium (market-clearing) levels, the hidden inefficiencies come into the open and a massive resource...
Persistent link: https://www.econbiz.de/10015216043
proposed. For Romania, as an eastern country prepared to enter in a long transition period, the impact of structural changes …
Persistent link: https://www.econbiz.de/10015220358
Without national accounts statistics, citizens, politicians, entrepreneurs and economists would be blind for the size, composition and development of national economies. This book provides a unique overview of the merits and limitations of the national accounts. Attention is paid to the three...
Persistent link: https://www.econbiz.de/10015222167
This paper examines the usefulness of survey-based measures of inflation expectations to predict inflation using hybrid versions of New Keynesian Phillips Curve (NKPC). While both 3 months ahead and 1-year ahead inflation expectations of households emerge statistically significant in explaining...
Persistent link: https://www.econbiz.de/10015222747
In today’s dynamic marketplace, manufacturing companies are under strong pressure to introduce new products for long-term survival with their competitors. Nevertheless, every company cannot cope up progressively or immediately with the market requirements due to knowledge dynamics being...
Persistent link: https://www.econbiz.de/10015224460
This paper examines the macroeconomic determinants of workers’ remittances in Bangladesh. Various regressions in the paper find that the macroeconomic variables such as inflation, interest rate, exchange rate of Bangladesh and GDP of the five remittance sending countries have significant...
Persistent link: https://www.econbiz.de/10015224917