Showing 1 - 10 of 154
This rejoinder contrasts a Keynesian approach for explaining unemployment in Germany's eastern region with a neoclassical, market-failure approach advanced by Christian Merkl and Dennis Snower. A skewed distribution of headquarters favoring the western region, combined with insufficient levels...
Persistent link: https://www.econbiz.de/10005750122
'Market adoption' is often blamed for inducing precipitous decline in East Germany's comparatively inefficient economy. Government transfers and private sector investments contributed toward income and investment equalization between the east and west of Germany. But the price East Germany paid...
Persistent link: https://www.econbiz.de/10005554533
This paper seeks to establish that contributions to regional theory advanced by Gunnar Myrdal exhibit high levels of explanatory power when clarifying challenges facing Germany's eastern region since the fall of the Berlin Wall. Myrdal's evolutionary institutionalist contribution is contrasted...
Persistent link: https://www.econbiz.de/10005258408
An Institutionalist critique that draws from selected contributions of Veblen and Myrdal initiates a convergence debate. Challenged is a Neoclassical interpretation of economic processes expected to lead toward a catching up with respect to per capita output of Germany's poorer eastern region...
Persistent link: https://www.econbiz.de/10008742841
This inquiry relies on an Institutionalist and Post Keynesian analysis to explore Germany's neo-liberal project, noting cumulative effects emerging as measurable economic and societal outcomes. Investments in technologies generate rising output-to-capital ratios. Increasing exports offset the...
Persistent link: https://www.econbiz.de/10008742857
Over the last decade there has been a resurgence of interest in the possibility of some measure of devolution to regional governments for at least parts of the United Kingdom. In Scotland, the debate has been particularly advanced, and three of the four main political parties in Scotland are...
Persistent link: https://www.econbiz.de/10005509226
The newly elected Labour government has pledged to ‘reinvigorate the Private Finance Initiative’, as part of the new emphasis on ‘public/private partnerships’ in the delivery of core public services. This article assesses the merits of using private finance to deliver public services...
Persistent link: https://www.econbiz.de/10005509379
Perceptions of private benefits from hypothecated tax increases may be correlated with income either because individuals with different incomes are more or less interested in public services or because they anticipate bearing different shares of the implied tax burden. Without being specific...
Persistent link: https://www.econbiz.de/10005509503
Many parts of the public sector coexist with private provision of similar services and in such circumstances we may expect to find interaction between public and private choices. Quality of publicly provided services will be a central influence on decisions whether to make use of private...
Persistent link: https://www.econbiz.de/10005509515
This paper examines the role of individual and household characteristics in explaining patterns of support for higher public spending on seven of the most important public spending programmes including health, education, the police and defence. Different groups in the population, such as the...
Persistent link: https://www.econbiz.de/10005509518