Halicioglu, F., (2004), “Defense spending and economic growth in Turkey: An empirical application of new macroeconomic theory”, Review of Middle East Economics and Finance, 2: 193-201. Hirnissa. M. T, Habibullah. M. Z and Baharom. A. H, (2009), “Military expenditure and economic...
We maintain tariffs at 2024 levels in this scenario, working on the theory that the new administration is primarily interested in using tariffs as a negotiating tactic to extract concessions from trading partners. Likewise, deportations under the current administration continue at a similar pace as ...
This article outlines the importance of the evolving study of the gendered impacts of economic globalization, the current issues regarding research, theory, and methodology, and likely future directions. Show moreView chapter Reference work 2001, International Encyclopedia of the Social & Behavioral ...
That's also a testing of the theory. We have a basic theory, we have a rationality theory, and then we want to we want to find out, we want to find some some of the evidence that help to test whether these theories apply or not. That's the first expect. First, i'm gonna give...
economic theory of contracts. They are science-independent in that they are not created by acts of economic theorizing. Facts about such contracts are constituted by the beliefs and performative speech acts by the contracting parties, but they are not constituted (let alone “performed”) by acts...
It is generally believed that Hungary came into existence when the Magyars, a Finno-Ugric people, began occupying the middle basin of the Danube River in the late 9th century. According to the “double-conquest” theory of archaeologist Gyula László, however, Hungary’s creation can be dated...
Stagflation is like the worst of both worlds, and there’s no easy fix to this monetary nightmare. What makes stagflation such a tough problem to solve? Stagflation doesn’t respond to the conventional monetary tools based on thePhillips curve(see figure 1). According to the classic theory, ...
One such theory isRicardian equivalence, named for David Ricardo’s work dating back to the early 1800s, which suggests that consumers internalize government spending decisions in a way that counterbalances stimulus measures. In other words, Ricardo argued that consumers will spend less today if the...
Criticisms of Monetary Theory Not everyone agrees that boosting the amount of money in circulation is wise. Some economists warn that such behavior can lead to a lack of discipline and, if not managed properly, cause inflation to spike, eroding the value of savings, triggering uncertainty, and ...
but China's academics have yet to provide a convincing response to these criticisms, and this may be due to the fact that China has yet to develop its own cohesive theory of economic diplomacy. Finally, China's economic diplomacy under the BRI has yet to be recognized by the international ...