Contemporary Theories of International Political Economy

Hegemonic Stability Theory The theory of hegemonic stability got its start in the 1970s with the work of Charles Kindleberger (1973), who focused on the reasons for the Great Depression.…

Taylor Emma

Public Economics and Public Choice

The optimal saving problem may also be used to sharpen the distinction between political economy as defined here , on the one hand, and public Ž . finance and public choice on the other.…

Taylor Emma

TYPES OF HETEROGENEITY

What ties politics, public choice, and political economy together is the centrality of heterogeneity of interests. Were there no heterogeneity of preferences over outcomes, there would be no need for…

Taylor Emma

POLITICS AND ECONOMICS

What is the new political economy? A general definition is that it is the study of the interaction of politics and economics. Though such a vague definition may have the…

Taylor Emma

What Is Political Economy?

How does politics affect economic outcomes? This question has been asked probably as long as people have been interested in economics itself. From Adam Smith’s Wealth of Nations in 1776…

Taylor Emma

Political Economy and the State-Market Dichotomy

The separation of the market and the state into mutually exclusive zones has always been problematic. One reason for this is clear: a market economy cannot exist, much less operate,…

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Economics And Political Economy

The relationship between political economy and the contemporary discipline of economics is particularly interesting, in part because both disciplines claim to be the descendants of the ideas of Smith, Hume,…

Taylor Emma

Political economy

Political economy, branch of social science that studies the relationships between individuals and society and between markets and the state, using a diverse set of tools and methods drawn largely…

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Anti Poverty & Employment Generation Programmes in India

According to a general survey done by the National Sample Survey Organization (NSSO), 58% of total employment exists in rural sector and only 38% in urban sector of our country.…

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Public Sectors in Indian Economy: Objectives, Importance, Performance and Problems

In India, a public sector company is that company in which the Union Government or State Government or any Territorial Government owns a share of 51 % or more. Currently…

Taylor Emma