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Persistent link: https://www.econbiz.de/10002397951
This paper proposes a theory that links labor supply to wage growth and economic growth, and the conflict of interest between capital and labor. During the early stages of industrialization of a country, "surplus" labor drawn from the traditional sector of the economy is available to the modern...
Persistent link: https://www.econbiz.de/10014117674
Between 2000 and 2017, Chile presented a great economic performance, with an average GDP growth of 3.87%. Nevertheless …, Chile has confronted a great number of conflicts, reaching its peak of tension in the 2006 “Revolución de los Pinguinos” and … the protests against the private pension funds. The present paper aims to explain the paradox that Chile has faced between …
Persistent link: https://www.econbiz.de/10012864026
Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...
Persistent link: https://www.econbiz.de/10010353640
"The untold story of how restrictive policies are preventing China from becoming the world's largest economy Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg. In his book, The Myth of Chinese Capitalism, Roberts shows readers...
Persistent link: https://www.econbiz.de/10012107740
"This book explains how South Korea has uniquely transformed itself from a developing to a developed country by combining economic analysis with historical perspective. The book shows that the path has been a tortuous one, involving earlier failure in history and recurring crises after the high...
Persistent link: https://www.econbiz.de/10015211442
Persistent link: https://www.econbiz.de/10001516001
Persistent link: https://www.econbiz.de/10001721561
This paper uses civil conflicts in Southeast Asia to illustrate the economic causes and consequences of the conflicts on the economy. It argues that the causes of conflicts in this region are consistent with what predicted by theories that link economic growth and inequality to the motives and...
Persistent link: https://www.econbiz.de/10014106236