Does public support for the economic model, rise if the economy prospers and drop in times of a downturn? Or is the support largely independent of the ups and downs of economic cycles? A capitalist economy is based on several elements, such as private ownership and competition. We hypothesize...

This note on Social Policy provides practical guidance on how to operationalize alternative equitable and employment-generating social policies in National Development Strategies. This Policy Note has been developed in cooperation with United Nations agencies, and has been officially reviewed by...

Japan, like most of the developed world, faces potentially extreme demographic shortfalls brought on by a rapidly aging society with a long life expectancy and low birthrate. Where other western countries have utilized greater levels of immigration to help fight these tendencies, immigration...

This paper investigates the legacy of ancient colonialism (by the Phoenicians, Greeks and Etruscans) in shaping the modern-day population concentration and economic activity of the Mediterranean region. By combining historical data on ancient colonies and current data on population density and...

This research examines whether a long-run stationary equilibrium relationship holds between aggregate income and consumption of various primary industrial metals. Using the theory of cointegrated processes, it is possible to determine if metals consumption and income follow a common stochastic...

Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...

Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...

The paper investigates the broadening area of research utilizing micro-geographic economic analysis to conduct evaluations of area-based policies implemented at a micro-geographic level. It offers the first extensive, critical examination and synthesis of this subset of work including its...

At 11:00 pm on January 31, 2020, the United Kingdom consummated what has come to be known as “Brexit,” by formally leaving the European Union, of which it had been an active member for more than a half a century. Among several important matters, this project also raised the question of the...