Archive
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Working Paper
Conference paperHow Money Drives US Congressional Elections: More Evidence
Apr 2015
“Because many interests come into play in the financing of an election campaign and then they ask you to pay back. So the election campaign should be independent from anyone who may finance it.” - Pope Francis
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Working Paper
Conference paperGordian knot: A panoramic perspective on stemming illicit financial flows from Africa
Apr 2015
Pushing this strand of research brings a certain feeling of trepidation. It comes from recognizing that by openly elaborating on how to catch or deter a criminal, you thereby confer an undue advantage on the criminal through forewarning.
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Working Paper
Conference paperTowards a Sovereign Debt Restructuring Framework
Apr 2015
Initiatives to improve sovereign debt restructuring (“SDR”) began long before recent Argentine bond decisions but were redoubled in the aftermath of these rulings. At first glance, these cases identify problematic contract language that could be rectified by re-drafting critical boilerplate provisions such as the pari passu and collective action clauses (“CAC”).
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Working Paper
Conference paperThe Prince('s) Rules: Economic Theories and Political Struggle in Europe.
Apr 2015
The Cyclically Adjusted Budget (CAB) is the estimated size of the public budget at some previously defined level of output which may represent the ‘normal’ output or a policy target and that usually is considered to be unaffected by business fluctuations or cycles. Such an estimate is supposed to isolate the automatic movements of revenues and expenditures, given the current structure of tax and transfers, from discretionary fiscal interventions and indicate the “impact” and sustainability of fiscal action.
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Working Paper
Conference paperSocial investment for inclusive growth: a Southern European perspective
Apr 2015
Inequality has emerged as a major economic issue: sharp increases in the share of income going to those at the very top of the income distribution, a rising share of income going to profits, stagnant real wages, and a fall in median family income have raised concern over the sustainability of our economies and societies.
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Working Paper
Conference paperCapital Flight from Africa and Development Inequality: Domestic and Global Dimensions
Apr 2015
Over the past decades African economies have exhibited two stunning paradoxes: growth acceleration coexisting with stubbornly high poverty rates; increasing capital flight along with widening development financing gaps. There has been no attempt to link the two in the literature.
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Working Paper
Conference paperGoethe’s Faust and the socioeconomic roots of modern subjectivity
Apr 2015
The modern individual is the point of intersection of the processes of consumption and production. The subjective representation of these processes has been determined by two branches of the modern middle class, the bourgeoisie, which has privileged consumption, and the bureaucracy, which has privileged production.
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Working Paper
Conference paperTwisting the economic tale: what literature can do that political economy can’t
Apr 2015
This paper will address the problem of how we might gain economic understanding from literature. It will look at the aesthetic form of literature as being an efficient vehicle for economic thinking.
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Conference Session
Challenging Economic Injustice Through Literature
Apr 9, 2015 | 10:15—11:45
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Conference Session
Political Institutions & Inequality
Apr 9, 2015 | 11:00—12:30
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Conference Session
The Problem of Capital Flight
Apr 9, 2015 | 11:30—01:00
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Conference Session
Macroeconomic Externalities
Apr 9, 2015 | 12:15—01:45
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Working Paper
Conference paperInformation and Economics: A New Way to Think About Expectations and to Improve Economic Prediction.
Apr 2015
The largely unexpected arrival of the global economic crisis and the largely unpredicted slowness of the recovery from the Great Recession should be precipitating an intellectual crisis across economics and policy making. We require additional theories and additional methods to detect how an economy is evolving and to provide the basis for policy intervention (Haldane, 2014).
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Working Paper
Conference paperTwo Paths to War: The Origins of the First World War versus the Dynamics of Contemporary Sino-American Confrontations
Apr 2015
During the past year, there have been numerous and somber reflections, rather like those during a traditional period of mourning, about the great and tragic events that occurred just 100 years ago – the beginning of the First World War. And in the course of these melancholy reflections about the past, there naturally have arisen anxious concerns about the future.
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Working Paper
Conference paperHow the Planned Perversion of Democracy generated accelerating inequalities
Apr 2015
What is at stake : Increasing doubt over the virtue of democracy. One cannot doubt the ubiquitous lack of confidence and hope in the so-called democratic institutions by a large majority of the people. The fundamental cause is the blatant contradiction between the principle of democracy, promoting the rule and thereby the welfare of the people, and the indomitable tendency of rising and unsustainable inequality in terms of income, standard of living and wealth.