153 research outputs found

    Does Culture Matter? The Relevance of Culture in Politics and Governance in the Euro-Mediterranean Zone. ZEI Discussion Paper: 2002: C 111

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    [Table of Contents]: Culture and Governance in the Mediterranean – A Rationale and Overview, by Indra de Soysa and Peter Zervakis; The Relevance of Culture in Democratic Governance – Lessons from the Western Hemisphere, by Lawrence E. Harrison; Culture in Politics and Governance – European Experiences, by Klaus von Beyme; Penser L’Espace Mediterranean, by Mohammed Arkoun; Muslim and Western Civilization – Is Co-Prosperity and Peace Possible?, by Erich Weede; Political Culture and Democracy in Turkey, by Ergun Özbudun; The Crisis of Political Culture in the Arab World – A Conflict of Paradigms, by Paul Salem; Euro-Mediterranean Formations – Cultural Imperatives of System Change, by Dimitris K. Xenakis and Dimitris Chryssochoou; Cross-cultural Currents in the Mediterranean – What Prospects, Stephan Calleya; Politics and Governance in the Mediterranean, by Franck Biancheri; The Mediterranean - New Directions of Research and Policy-Making, by Ludger Kühnha

    Political Economy Perspectives on the Greek Crisis (Ed. C Tsoukis)

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    Offers an economic explanation to the failures of both the Greek economy as well as systemic failures of the euro architecture and the operations of EU authoritiesBrings together contributions from economists with a wide range of expertiseContributes to the on-going public debate about the sources of failure of other peripheral EU countries in providing economic prosperity since 2008Provides a balance of theoretical argument, empirical evidence, and a range of perspectives on the Greek cas

    A note on the relationship between real wages and employment: Further evidence from panel cointegration tests

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    Purpose – Tests for the existence of a long-run relationship between real wages and employment, utilising annual data from 1961-1996 for a panel of 12 European Union countries. Design/methodology/approach – Applies modern time series techniques organised around panel unit root and panel cointegration tests to draw sharper conclusions from the short time series that are typically available. Findings – Indicates that a long-run relationship between real wages and employment cannot be established. This being so, little success is expected in bringing down unemployment, the most pressing problem in the European Union, by reducing real wages. Originality/value – Investigates the long-run relationship between real wages and employment by conducting more reliable tests in the context of 12 European countries, namely Belgium, Denmark, Germany, Spain, France, Ireland, Italy, The Netherlands, Portugal, the UK, Norway and Finland over the period 1961-1996.Pay Policies, unemployment

    The demand for energy in Greek manufacturing

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    Democratic Reforms, Foreign Aid and Production Inefficiency

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    We construct an endogenous growth model and we employ empirical analysis to investigate the link between foreign aid and production efficiency in the presence of different political orientations of the recipient country. Using a panel of 124 countries from 1971 to 2007 and the production frontier toolbox, we document that regardless of income stratum, decade and type, foreign aid is associated with higher production inefficiency and that this inefficiency is reduced considerably if countries switch to democratic governance. Our study contributes to the aid literature by pointing to the institutional enhancement of the recipient countries through initially the adoption of democratic ruling practices.Democratic reforms, foreign aid, production inefficiency, translog function
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