Questions tagged [political-economy]

a term used for studying production and trade, and their relations with law, custom, and government, as well as with the distribution of national income and wealth.

Filter by
Sorted by
Tagged with
4
votes
1answer
641 views

What are the factors that drive openness in developed vs developing countries

My questions are: What are the factors (both positive and negative) that drive openness in a country? Do they differ between developed (e.g USA) and developing (e.g China) countries? Will these ...
2
votes
0answers
57 views

What sectors would be most affected positively or negatively by Trump´s trade agreement renegotiations?

One of Trump´s stated policies is that he will renegotiate the trade agreements with China and the Canada and México (NAFTA). This renegotiation might go well in which maybe the US gets freer access ...
1
vote
0answers
171 views

What are the pro's and cons of GST (goods and service tax) ? And what influence it can make in the Indian economy? [closed]

As government is planning to introduce GST in India, what change it will make in India's economy? GST is introduced in many countries except American, so why American has not introduce GST yet?
1
vote
1answer
102 views

Formula for feasibility for production versus import

Is there a formula that can tell us whether it's better for a country to produce something inside (creating tariffs & regulations, subsidies) or it is better to import (lowering tariffs, etc)? ...
1
vote
1answer
52 views

What have been some trade-offs that the U.S. has made?

In Thomas Sowell's book titled, "Basic Economics", he says the following: "Unmet needs" are inherent in these circumstances, whether we have a capitalist, socialist, feudal, or other kind of economy. ...
1
vote
0answers
24 views

The intersection of geopolitical wrangling and economics

It seems that economic threats have become a mainstay in geopolitical saber rattling. For example: http://www.nytimes.com/2016/04/16/world/middleeast/saudi-arabia-warns-ofeconomic-fallout-if-...
1
vote
0answers
76 views

Differences in Economic models [closed]

Is 'Market Socialism' & 'Libertarian Socialism' functionally identical? What are the basic differences?
1
vote
0answers
54 views

What distinguishes political economic models of dictatorship and democracy?

It seems that fundamentally they are both driven by revolt risk. Is there some inherent difference in how the two systems are treated in political economics or are they more or less the same type of ...
2
votes
1answer
43 views

Why politicians choose Mega Projects in developing countries?

kindly forgive me if this doesn't belong here. I just thought probably it's suited here. Why do politicians choose mega projects in developing countries instead of spending more on health and ...
2
votes
1answer
164 views

Is Iranian rial going to get boosted?

I was reading about the Iran's economy and Iranian rial. I have read the news regarding the lift of sanctions from Ira, which had allowed the purchase of Iranian rial in America. I was having query ...
0
votes
0answers
152 views

Is it likely as automation continues to make more jobs obselete, starvation and poverty levels will rise very badly? [duplicate]

I wanted to know facts, thoughts and such since this article (which was big news that trended this week) popped up: http://www.nbcnews.com/tech/tech-news/robot-may-take-your-job-next-few-years-n499556 ...
2
votes
0answers
58 views

Is America economy, Connecitcut's economy, and the global in general recovering and better than the year 2008?

Please answer all three if you can. I live in Connecticut, America, and of course global trade and economies matter as we are becoming more global from technology. December 2007 the markets ...
0
votes
1answer
97 views

Why does state-owned company so aggressive in making profit?

Take China National Petroleum Corporation(CNPC) as an example, almost 86% of its stock is stated-owned. Its senior managers' promotion are related to the company's profit. And since there are ...
0
votes
0answers
68 views

Are things any better in what society considers “third world countries” as they were years ago? If things are better, how did they improve and why?

For years I've seen non-stop commercials of countries in the continent of Africa showing kids who live in sewage huts, parents are dead, war gangs and criminals rule their lives. Like in Captain ...
4
votes
1answer
409 views

Criticism of “Modern Political Economics” by Varoufakis, Halevi, Theocarakis

The book "Modern Political Economics" is quite critical about "neoclassical economics", the basic claim being, if I understand correctly, that the models which "neoclassical economics" (armed with ...
2
votes
2answers
136 views

If America's economy collapsed what would happen to all of the citizens? What if the whole global economy collapsed? [closed]

My journalism professor is not an expert in finance or economics but has studied history. She is always giving us a negative lecture on the America's economy and how the rich are taking al of the ...
2
votes
1answer
128 views

Why do all countries recognize foreign wealth?

Recently I learned that by 2016 that 1% of the population will have 50% of the worlds wealth. That means that more than 50% of individuals actually has less than he would in a totally fair economy. ...
3
votes
1answer
54 views

“Tightness” of political elections and public attention

Are there any empirical studies on political elections that focus on the "tightness" of the race and how much attention the election receives from the public (or perhaps voter turnout). By "tightness"...
3
votes
1answer
38 views

What is the loss of productivity of not using the international system of measurments (SI)

The USA and some other countries are not using the SI-system. Are there any estimates of how much productivity is lost because of having to convert numbers? (non-SI countries, SI-countries) I imagine ...
7
votes
5answers
2k views

Reading list: history of economic thought / political economy

Can you all please suggest books that I can read to get started in the fields of political economy and the history of economic thought? While my major in Mathematical Economics has given me a good ...
2
votes
0answers
30 views

The new AIIB, Japan and America

The AIIB is the Asian Infrastructure Investment Bank. It's an international financial institution proposed by China. Almost all Asian countries have joined and a lot of European countries. Here is the ...
6
votes
2answers
73 views

References where fewer rules resulted in better governance

I am trying to find references that support an idea that I think I read in a book on theory of institutions. I can't find the original reference. Basically, I'd like to find anything that talks about ...
5
votes
3answers
4k views

Are state owned enterprises really inefficient?

The typical right wing/free market argument, that leads to privatisation of government assets is that the government assets will be far more efficiently managed when in the hands of profit seeking ...
1
vote
0answers
35 views

China's Prosperity

This is my first time doing this but with respects to economic prosperity. What are some of the tools/strategies that Chinese leader such as Deng Xiaoping would have used to stimulate and enhance ...
13
votes
5answers
11k views

What happens if the “control variables” are also endogenous?

I work in Political Economy, and a lot of the models include "innocent" control variables such as population, inequality, colonial legacy, etc. so that the author can claim unbiasedness on their ...
4
votes
1answer
192 views

Do countries invest in the country's own stock market?

For example can the government of the UK invest in some company with shares in the FTSE 100? Or can Russia take the opportunity now that the shares of oil companies are low to buy them?
3
votes
1answer
112 views

Educational self sufficiency

I heard on UK and US news that higher education is very high and a lot of students are in debt. In Israel here education is very cheap, because it is heavily subsidized by the government (Israel tries ...
10
votes
2answers
199 views

Fair voting procedure when there are many issues

When several people have to decide about a single yes/no issue*, the natural decision rule to use is the majority rule. But when there are many issues to decide upon, the majority rule is "unfair" ...

1
2