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on this set of questions, using insights we have gained from the field of political economy. - Based on the logic of the political economy frameworks considered, I argue that we are indeed heading ... which read, non-security based) institutions, they have the greatest influence.1 The key insight that we gain from political economy about non-coercion is that all countries must benefit from
demanded a re-weighing of EU Council votes to avoid minorities blocking decisions that often required a qualified majority. But such adjustments typically came at a high political cost and lost operational ... efficiency. Clearly, political representation within the EU is a major cause for concern; but so are member states’ strategies for setting policy agendas, shaping legislation or obstructing implementation
, Italy In 2021, the pace of Italy's political change has again accelerated. During the previous year, Italy was the first European country to be hit by the COVID-19 pandemic, an emergency that was faced ... anticipated in general, but in fact, Italy's fragile political system experienced the opposite. All parties have undergone major turbulence. Matteo Salvini's Lega carried out a drastic U-turn from its
the underlying economic and political reasons, such as poor labour productivity, low real wages, insufficient immigration of trained people and the failure to find alternative ways of financing ... country-specific grants are not in line with this philosophy (König, 2022, 19). The ECB, by the way, has had an ambiguous role in the reform process of European countries in the past: as studies of
marginalizes religion as a private or non-political concern. For over a century, a dominant assumption among social scientists is that secularization is strongly associated with modernization, with religion ... at ensuring that research is not used to support one’s beliefs or preferences, or specific political or social agendas. Yet, axiological neutrality is not easy to attain, especially in the social
of his fight against Belarusian society. However, it is useful to discuss the structure of the Belarusian economy as this helps understand the country's political economy and thus inform Europe's ... -order’ agencies and was forced to emigrate. Another important economic and political factor is the large diaspora. Various estimates suggest that 3.5 million Belarusians live outside the country
billionaire entrepreneurs (e.g., Jack Ma) could mitigate political economy as well as financial frictions via capital injections from foreign venture capitalists. By building a unique database, I report that (i ... Economics and Political Science (LSE). This paper has been presented with helpful comments and feedbacks at Growth and Development Seminar , LSE (May, 2018) , Government- Business Symposium, Hunan Business
social interchange and the direct involvement of civil society in political processes are two dimensions of democracy driving such effect. We additionally observe that entrepreneurship is sensitive to both ... political processes, which enhances institutional trust, are two channels driving the positive effect. We also find that entrepreneurship is sensitive to both contemporaneous and historical level of
A world of risks and uncertainties can also be a world of opportunities. How and how quickly the EU adapts to the socio-political, economic, energy and climate transitions at hand, and how it ... power only where they have controlled the executive branch of government (e.g. in Hungary). Where populist parties have found themselves in coalitions, across a vibrant political opposition and an active
perspective, looking at three different dimensions: the political economy of fiscal rules in the current political and economic environment, the renewed debate about fiscal policy roles and objectives, as well ... governance system in order to better fit with with current macroeconomic and political realities. - Even before the COVID-19 crisis, which has led to the suspension of the Stability and Growth Pact (SGP
. Interestingly, we find no significant relationship between governor party and venture creation. However, we find that when the governor and legislature were unified in their political party — irrespective of ... political environment — party affiliation and discretion — impacted new venture creation within the food and restaurant industry, which is an important indicator of economic recovery. Using a publicly
Information Centre for Economics. Instability in electoral behaviour is likely to continue as a result of a variety of factors, including the breakdown of traditional political allegiances, new ideological and ... cultural divides, the importance of leadership and novel forms of political communication. But underneath these political dynamics, can we identify the economic conditions that are associated with such
This article discusses the medical/therapeutical responses to the COVID-19 pandemic and their political economy context. First, the very quick development of several vaccines highlights the richness ... . Only when flooded with an enormous amount of public money did it become eager to undertake applied research, production scale-up and testing. Third, the political economy of the underlying public-private
socioeconomic benefits both for the refugees and for their host countries (OECD, 2019a) . Refugee entrepreneurship has received growing academic and political attention as a topic of its own (Abebe, 2023 ... , comprehensive quantitative studies and focused analyses on everyday strategies for refugees’ labor market integration are needed, especially intercountry studies that can inform and inspire political action and
entrepreneurial identities in relation to their interpretations. Relying on the life story narratives of 21 women entrepreneurs, we analyse social, political and institutional opportunity structures and the ... environment’ and categorised into three types—social, political and institutional—based on the literature review (Koopmans and Statham, 2000; Hooghe, 2005; Nicolini, 2012) . In this analysis, we treated
Faced with the impossibility of reaching a political agreement to review the fiscal treaties, the Commission could limit itself to applying the current rules with flexibility, which would maintain an ... one assess the risks of a specific shock, such as a major political turn, that the European authorities and the other member states refuse to endorse? Moreover, no sovereign country will accept that a
Hybrid ownership—sharing partial business ownership with the state—is a new form of political connections that entrepreneurs in developing countries may employ to improve their access to key ... agency costs. Also, the involvement of the state in firm governance reduces the benefits gained from having state ownership. Hybrid firms; Political connections; Firm performance; Vietnam; Weak
particular interest in the relations of power and the political consequences that are inherent in such cultural practices” (Barker, 2004, p. xix) . Apart from the cultural studies approach, culture appears ... entrepreneurship impacts societal or regional inequality (Halvarrsson et al., 2018; Lippman et al., 2005), which is at the core of disciplines such as sociology and political science. This argument holds not only
countries’ banking, economic and political systems. We identify banks holding critical positions within the eurozone countries that might be exploited in the pursuit of power and determine whether SWFs could ... significant and broad influence. According to Weber (1980) and Albert (1955) , this influence may also be understood as power because it allows banks to steer socio-political processes in pursuit of their
Despite all the difficulties inherent to our political organisation, the European Union has taken a bold step by doubling the EU budget for the next six years with the NGEU fund.