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Does democracy encourage free trade? It depends. Broadening the franchise involves transferring power from non-elected elites to the wider population, most of whom will be workers. The Hecksher- Ohlin-Stolper-Samuelson logic says that democratization should lead to more liberal trade policies in...
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Why did labor flow from Ireland to Britain in the nineteenth century when capital could have moved in the opposite direction? This paper addresses this question in a general two-country trade theoretic framework, linking it with the contemporary debate about the relative quality of emigrants and...
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The years between 1793 and 1815 saw an unusually bloody, lengthy and widespread conflict between Great Britain and France, which widened to include many of the other leading powers of the day. The period is also notable for its economic warfare, which involved not only the belligerents, but...
Persistent link: https://www.econbiz.de/10005132989
The years between 1793 and 1815 saw an unusually bloody, lengthy and widespread conflict between Great Britain and France, which widened to include many of the other leading powers of the day. The period is also notable for its economic warfare, which involved not only the belligerents, but...
Persistent link: https://www.econbiz.de/10005345894
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After tracing the link between politics and trade over a millennium, Kevin O'Rourke identifies permanent features of international economic relations. His timing is perfect. The crisis has switched the balance of power. Government is back in the driving seat and corporations look fragile. No one...
Persistent link: https://www.econbiz.de/10009003829