This chapter reviews the experience of computable general equilibrium (CGE) models from the perspective of how they have, or have not, influenced public policy in developing countries. The paper describes different classes of empirical models – from small, stylized to large, multisectoral...

This chapter reviews the experience of computable general equilibrium (CGE) models from the perspective of how they have, or have not, influenced public policy in developing countries. The paper describes different classes of empirical models from small, stylized to large, multisectoral applied...

Article about the role of determinism in the development of social processes. Author from the standpoint of the materialist dialectic analyzes the dynamics and patterns of social processes in Russia. Particular attention is paid to the criticism of religious and ideological concepts of...

Implications of Bilateral and Sub-regional Trade The paper analyses the impact of bilateral trade and multilateral trade agreements amongst SAARC countries on their agreements with the developed countries. Multilateral agreements for economic development contribute to socio-economic development...

In this paper, the need for financing through a bank loan is analyzed by integrating the resources in the causal chain: bank loan - jobs - consumption - taxes - local revenues - new sources of investment - local development. Bank credit is presented as an equally available resource for different...

We reconsider the effect of economic development on urban unemployment by introducing households with non-homothetic preferences into a sector-specific capital version of the Harris-Todaro model. Contrary to previous studies, this work shows that, while urban development reduces urban...

This paper proposes a simple analytical model to examine conditions in which a government policy to improve imperfect credit markets is practiced through a democratic political process, and analyzes interactions between the politically implemented policy and economic development. Individuals who...

One of the most cited criticism for US fashion brands is their exploitation of workers in their overseas manufacturing facilities. This paper studies whether such textile and apparel production facilities (also known as “sweatshops”) lead to lower education and thus a lower socio-economic...

This paper proposes the uses of the Minimum Food Security Quota (MFS-Quota) by Ruiz Estrada (2010). Consequently, the MFS-Quota was applied on the case of Malaysia. The main objective of the MFS-Quota is to calculate the approximate amount of annual food storage that any country needs to prepare...

An article about the use of the methodology of general systems theory and the theory of self-organization as a methodological basis of scientific interpretation of social reality. The author analyzes the role of ideology and propaganda in the different concepts of interpretation of social...