Journal of Economics Bibliography
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Access to Documents in the Competition Law in the Context of Damages Actions for Breaches of European Union Rules
No full textAbstract. Damages claims (compensation) for breaches of Articles 101 or 102 of the Treaty (direct effect) create an important sphere of private enforcement of EU competition law. The Directive seeks to ensure the effective enforcement of the EU competition rules by optimising the interaction between the public and private enforcement of competition law and ensuring obtain full compensation by victims of infringements of the EU competition rules for the harm they suffered. However, the effectiveness of filing a civil action before the national courts depends on many factors, including in particular the extent of access to documents collected in connection with the public law. Practical implementation of these rules in the interest of economically disadvantaged individuals is far from consistency. In the article the accent has been put on the problem of access barriers victims of competition breaches to the documents collected in connection administrative action. Does the Directive remove the fundamental barriers to access to information? To ensure effective private enforcement actions under civil law and effective public enforcement by competition authorities, both instruments are required to synergy to ensure maximum effectiveness of the competition rules. It is necessary to regulate, adequately, the way the two forms of enforcement are coordinated. The mutual interplay at Union level will also avoid divergence of applicable rules, which could jeopardise the proper functioning of the EU internal market.Keywords. Competition, Access to information, Damages, Effectiveness, Litigation.JEL. K21, K41, L49
The Role of Research and Development in Economic Growth: A Review
No full textAbstract. This paper reviews the role of Research and Development in the economic growth. The paper links back the story of economic growth to the studies of 17th and 18th century. The role of Research and development was confirmed in the models like Romer (1987), Romer (1990), Aghion & Howitt (1992), Grossman & Helpman (1991) and Barro & Sala-i-Martin (2004). In 1990s and 2000s, the empirical investigations made it a significant factor of economic growth. It is therefore conclude on the basis of the reviewed literature that Research and development play a significant role in the economic growth of a country.Keywords. Research and Development, Economic Growth, Human CapitalJEL Class. O31, O32, O47
Does Supply-Leading Hypothesis Holds in South Africa? Evidence from ARDL Estimation Technique
No full textAbstract. Using ARDL bound test procedure the present study investigates whether economic growth influences financial sector development through stock market development in South Africa for the period of 2005 to 2014.The finding shows that growth of the economy enhances financial sector development through stock market medium in South Africa both in short run and long-run phenomenon. The finding confirmed the existence of Joan Robison (1952) supply leading hypothesis in the country investigated. The policy implication is that the authority in this country needs to put additional efforts in policies that will boost the overall performance of the economy considering its positive influence on financial sector development via stock market boost. Effective policies that will enhance the competitiveness of the stock market performance are essential ingredient that will boost the performance of the stock market and hence will have multiplier effect on the overall economy.Keywords. Financial Development, Economic growth, ARDL, Cointegration, South Africa.JEL. F40, F43, F63
New Economics Journals
No full textThis list is consisted of the journals that entered to EconBib Index created by KSP. The list is updated with the each volume of JEB and incorporated the new added journals to EconBib. Please visit the official EconBib website www.econbib.org to see the contents of each journal. The journals, which may want to enter to the list and be indexed by EconBib, may find the conditions in EconBib website. “The register form” in the website should be submitted to the stated e-mail address. All journals within EconBib are updated automotically when new volumes of JEB are published. Detailed information about EconBib can be found in its website www.econbib.org
David M. Boje (Edt.), Organizational Change and Global Standardization - Solutions to Standards and Norms Overwhelming Organizations
No full textBook Revie
Sectoral Impact of World Bank Loans to India in the Pre and Early Liberalisation Period: An Assessment of Agriculture, Social and Power Sectors
No full textAbstract. India’s relations with the World Bank can be traced back to the latter’s origin. India was one of the 17 countries, prepared the agenda for the Bretton Woods Conference ( June 1944). It was also one of the 44 countries which signed the final agreement for the establishment of the Bank. As the Bank operates in India through many kinds of projects, the country obviously offers an experimental ground for learning lessons and getting insights. In the mid of 20th century India assisted the World Bank, by facilitating it to study various problems in sectors like agricultural, social and power sectors to learn and, to “increase its understanding of the fundamental interactions of agriculture, poverty alleviation, and environment development efforts”. Based on these studies World Bank started to suggest policy prescriptions to various problems in these sectors and subsequently what was emerged as and conditionalities based funding. The article provides an insight understanding of the impact of these loans in general and in Agriculture, Social and Power sectors in particular. It confines till the middle of 1990’s from when the actual liberalization period started before engaging the country to a rapid economic growth.Keywords. World Bank and India, Economic policy, Adjustment, Macro economy, Agricultural sector, Social sector, Power sector.JEL. A10, E20, H50, N40, O12
Reflections of Globalization in Society Today
No full textThere is a growing global impoverishment. Some claim that the increasing number of street children and youth, especially observable in the world's poorest countries, was one of the consequences of globalization. The article aims to explore and provoke a reflection on globalization in developing countries. Globalization or globalization as it is referred to in recent decades is more a process of global meltdown, striking and explicit, in the fields of economy, culture and politics, the process followed by a remarkable loss of meaning of power of nation-states. The opening of markets in emerging countries has caused a profound change in the economy closing industries that could not compete globally. Question the globalization of poverty and underdevelopment caused and reinforced by the accumulation of wealth and somehow still not discovered how the people can benefit in some way
