Why are the U.S. economic sanctions and trade embargos such big deals? Countries don't have to trade with the U.S. and they can still trade with other countries, so why should they care if the U.S ref Why did the sanctions against the Russian economy f...
Why did the sanctions against the Russian economy fail to bring the country to economic collapse?Economic CollapseEconomic collapse refers to the situation when there has been a prolonged slowdown in the economy due to lack of demand, bankruptcy, and many other global ...
Why did thecommunist party reform in China,but not in the SovietUnion.The political economy of agricultural transition. Rozelle,Scott,Swinnen,Johan F.M. China Economic Review . 2009Rozelle,Scott,Swinnen,Johan F.M.Why did thecommunist party reform in China,but not in the SovietUnion.The ...
However, the equilibrium can also shift the other way when the inclusive economy overturns the extractive politics. If the benefits generated by the new classes is enough to pay ruling class’s cost of giving up the throne, the extant constitution would be broken through either peaceful reformati...
Why Nations Fail The Origins of Power, Prosperity and Poverty.pdf,Why Nations Fail: The Origins of Power, Prosperity and Poverty Morishima Lecture, LSE June 8, 2011 James A Robinson (with Daron Acemoglu) Harvard June 6, 2011 Acemoglu Robinson (Harvard) W
Indeed, the fall of the Soviet Union is often attributed to its inability to keep up with the more decentralized economic model needed to deal with the post-industrial service economy. Acemoglu and Robinson's observation that all exclusive institutions eventually fail, while inclusive ones may ...
The situation north of the 38th parallel was very different. Kim Il-Sung, a leader of anti-Japanese communist partisans during the Second World War, established himself as dictator by 1947, and with the help of the Soviet Union, introduced a rigid form of centrally planned...
If the Soviet Union, with its earlier experience of central planning is included, the region accounted for around half of Europe's population in the third quarter of the twentieth century. The existing literature on the industrial performance of eastern Europe is dominated by studies of the ...
So I talk about groups and tribes and culture and what culture makes you. You have all the cultures inside you of your upbringing. I have a little bit of Swiss, a little bit of Soviet Union, a lot of German, and then mostly U.S. Each of those countries I lived in laid down a ...
The collapse of massive state-owned enterprises in the old Soviet Union and the historic bankruptcies of Enron and New York City are notable reminders of a lesson we should have learned from the bankasaurs’ ancestors: don’t bet on big. A closer look at the issues of scale suggests two ...