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Book part
Publication date: 25 May 2021

Rasmiyya Sabir Gizi Abdullayeva

Introduction: The liberalization tendency in the economic system of most countries in the world exists in the last years. Our last research proves that in most cases liberalism…

Abstract

Introduction: The liberalization tendency in the economic system of most countries in the world exists in the last years. Our last research proves that in most cases liberalism gives a positive effect on social-economic development (including pension system). However, constructive potential of economic liberalism is not everlasting, it means, first at some stages there is a certain end for the liberalization of the economy. Secondly, after a certain level (before the last level) liberalism may bring out an imminent shortage (the market sinister) in the free market in a destructive way. That is why one of the essential (and very difficult) duties of economic science is to define effective ranges of liberalism (accordingly, government regulation) for each certain country during a specific time frame. One of the differences of the pension system from other social protected chains is that this system is capable to liberalize. Is it possible to measure the degree of the government regulation of the pension system? Unfortunately, this chapter has revealed that there is no such methodology. The author has created a methodology for the first time that allows to measure the degree of government regulation in the pension system. This methodology is called the Index of Liberalism (Dirigisme) of Pension System (IL(D)PS). By calculating IL(D)PS, the author finds out that the regulation degree (interval) of the pension system. Measurement of the degree of government regulation in the pension system allows evaluating the social consequences of the implemented reforms. IL(D)PS has been calculated on the basis of four indicators: (i) ratio of the private pension assets (%GDP); (ii) ratio of the public pension expenditures (%GDP); (iii) social security tax rates for employers; and (iv) restrictions for investment of the pension funds. At the initial stage IL(D)PS has been calculated for 31 countries. Among 31 countries, there are developed, emerging, post-socialist countries and countries known for their revolutionary reforms in the pension system. According to IL(D)PS, the most dirigiste (leftness) countries are France (0.868), Greece (0.732), Italy (730) and Azerbaijan (0.704). According to the IL(D)PS, the most liberal (rightness) countries are Australia (0.208), Denmark (0.223), the Netherlands (0.231) and Canada (0.237). In Azerbaijan, pension provision is under governmental monopoly (extreme dirigiste system). The private pension system in Azerbaijan has not been formed yet. Azerbaijan has a certain degree of liberalization of the pension system. Aim: The author wants to measure the degree of the government regulation in the pension system. Method: The author have performed correlation, analytical-statistical and cross-country analyze. Findings: The degree of the government regulation in the pension system has been measured in 31 countries.

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Contemporary Issues in Social Science
Type: Book
ISBN: 978-1-80043-931-3

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Article
Publication date: 1 February 1996

Walter Block

Presents evidence from the literature that Jews are generally to be found on the left side of the political economic spectrum. Various thories have been put foward to explain this…

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Abstract

Presents evidence from the literature that Jews are generally to be found on the left side of the political economic spectrum. Various thories have been put foward to explain this phenomenon: historical accident, reaction to stereotypes, intellectualism, and the Mishnah. Concludes that Jews, even orthodox ones, are liberals and leftists.

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International Journal of Social Economics, vol. 23 no. 2
Type: Research Article
ISSN: 0306-8293

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Article
Publication date: 9 April 2018

Francesca Teston and Alberto Bramanti

“Wide area cooperation” may be the ultimate challenge within transnational cooperation processes. Although the Alps share a remarkable history of mutual collaboration, they are…

Abstract

Purpose

“Wide area cooperation” may be the ultimate challenge within transnational cooperation processes. Although the Alps share a remarkable history of mutual collaboration, they are facing the challenge of a new sustainable-coordination paradigm. The Alpine territories are at a turning point. They are striving for a new governance arrangement and trying to avoid both the Scylla of top-town dirigisme and the Charybdis of poor local governments. This paper aims to address the recent literature on the EU Strategy for the Alpine Region (EUSALP) macro-regional strategy; provide some insights into the role that EUSALP could play as ultimate coordinator of the numerous networks operating in the Alpine space; and discuss a workable division of labour among the different actors that can ensure a renewed focus on sustainable development.

Design/methodology/approach

The review addresses two main strands of literature related to “wide area cooperation” and “multi-level governance” to synthesise the debate on the most appropriate governance structure for the Alps. The paper examines, dating back to 2000, the recent history of bottom-up projects related to sustainable tourism in the western arc of the Alps. The study uses a subset of best practices to evaluate the emerging governance frame.

Findings

The main outcomes of this study are a framework for a theoretical debate on the most appropriate governance structure for the Alps, guidance for policymakers on a division of labour among different stakeholders that can promote sustainable tourism in the Alps and a set of suggestions for practitioners. Further, the study acknowledges “sustainable tourism” as a highly relevant field to the emergence of bottom-up arrangements aimed at developing workable governance agreements.

Research limitations/implications

The paper provides a state-of-the-art framework for “wide area cooperation” in the Alps and serves as a basis for discussion between academics and practitioners. As EUSALP is still in its infancy, its success will depend on the pro-active involvement of national stakeholders. In the case of Italy, this is all but granted because of the current unstable political situation.

Originality/value

This paper provides a rigorous framework for addressing top-down strategies and bottom-up planning in the Alpine space. The study also makes a practical contribution by addressing some topics of interest to policymakers.

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Worldwide Hospitality and Tourism Themes, vol. 10 no. 2
Type: Research Article
ISSN: 1755-4217

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Article
Publication date: 1 June 2005

Peter Curwen

The article aims to review the history of 3G in the USA from the differing perspectives of the government, regulators and network operators, with the narrative based around the

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Abstract

Purpose

The article aims to review the history of 3G in the USA from the differing perspectives of the government, regulators and network operators, with the narrative based around the various spectrum bands that have been proposed for 3G at various times during the past decade.

Design/methodology/approach

This case study of the background to the development of advanced mobile data services in the USA is written from the perspective of someone familiar with the somewhat different processes evident so far in Europe. Contrasting the USA with Europe is of particular interest because it is the USA, perhaps surprisingly, that is suffering due to a somewhat laisse‐faire attitude to spectrum allocation in the past, whereas the elements of dirigisme in Europe have at least produced consistency, even if progress has been slow.

Findings

What is revealed is a not untypical story of the authorities trying to unwind decisions which seemed to be perfectly sensible at the time when they were taken, but have been overtaken by events (including new technologies) and hence are currently decidedly sub‐optimal. As ever, vested interests do not intend to make concessions without being paid off handsomely.

Originality/value

As things stand, 3G is a reality provided that it reuses existing 2G spectrum bands, but that does not present a blueprint for the future if the USA does not wish to be left behind.

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info, vol. 7 no. 3
Type: Research Article
ISSN: 1463-6697

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Content available
Book part
Publication date: 25 May 2021

Abstract

Details

Contemporary Issues in Social Science
Type: Book
ISBN: 978-1-80043-931-3

Book part
Publication date: 4 March 2021

Sergio Mariotti and Riccardo Marzano

This chapter sheds light on how the internationalization of state-owned enterprises (SOEs) is jointly influenced by the ownership involvement of the state and other relational…

Abstract

This chapter sheds light on how the internationalization of state-owned enterprises (SOEs) is jointly influenced by the ownership involvement of the state and other relational investors and by the home country’s institutional setting. It integrates international business literature and insights from the theory of corporate governance into a varieties of capitalism framework. Taking a configurational perspective, the interdependencies that link the SOE internationalization to the joint effects of particular combinations of actors and institutions are analyzed. As a result, it is argued that only a few home country–SOE governance configurations favor the expansion of SOEs abroad: (i) a configuration in which the state is a dominant owner capable of aligning the interests of any other private shareholder and the government is embedded in a proactive institutional context, so as to effectively orchestrate the internationalization process, (ii) a configuration in which, assuming the home country institutions markedly deficient in supporting interventions, relational co-owners are involved in SOE ownership and governance and have commitment, influential power, and competencies to equip the company with an effective strategy and competitive advantages to be exploited abroad. In all other configurations, the international performance of SOEs is worse, being undermined by institutional contexts that favor an inward-looking approach of the state and government, and/or by principal–principal agency problems.

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The Multiple Dimensions of Institutional Complexity in International Business Research
Type: Book
ISBN: 978-1-80043-245-1

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Case study
Publication date: 20 January 2017

Tim Calkins and Julien Dangles

The senior management team at Leclerc, one of the largest retailers in France, is considering how best to maintain growth in the highly regulated French retail industry. Strict…

Abstract

The senior management team at Leclerc, one of the largest retailers in France, is considering how best to maintain growth in the highly regulated French retail industry. Strict limits on pricing and store construction will significantly limit Leclerc's flexibility; many of the traditional growth levers cannot be used. These regulations also have a major impact on competition. The executives at Leclerc must identify the optimal growth plan and then consider whether it will deliver the desired growth.

The case can be used to examine three areas: growth strategy for established businesses, non-market strategy, and marketing planning. It provides an interesting look at the French retail industry and highlights the role of government regulations in shaping the competitive playing field.

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Kellogg School of Management Cases, vol. no.
Type: Case Study
ISSN: 2474-6568
Published by: Kellogg School of Management

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Book part
Publication date: 17 October 2022

Harry Torrance

The chapter reports the author's early reading of Norman Denzin's work in symbolic interactionism, and Denzin's impact on research training in social science in the United…

Abstract

The chapter reports the author's early reading of Norman Denzin's work in symbolic interactionism, and Denzin's impact on research training in social science in the United Kingdom. The chapter reflects on Denzin's impact on the field of educational research in particular. The chapter then reflects on working with Denzin and particularly Denzin's leadership of the International Congress of Qualitative Inquiry (ICQI) and its role in energizing and organizing the international qualitative inquiry community – the creation of Denzin's “bigger tent.”

Book part
Publication date: 10 July 2023

Riccardo Cappellin

This chapter has aimed to indicate some new important emerging policy problems, which have characterised the Covid crisis in the European economy during 2020 and then the…

Abstract

This chapter has aimed to indicate some new important emerging policy problems, which have characterised the Covid crisis in the European economy during 2020 and then the bounce-back in 2021. The chapter has illustrated an economic theoretical framework focussed on innovation and structural changes, according to a Schumpeterian and evolutionary or neo-institutional approach, which seems more appropriate than the traditional neoclassical and macroeconomic models, as the basis for a ‘new industrial strategy’ in the European Union. The mainstream economic models are static and point-like, as they do not consider the role of time and of space, such as the existence of asymmetric information and external economies and also the interdependence between the companies and the other ‘stakeholders’ in the process of economic development. On the contrary, the theoretical framework of this chapter considers the factors that act on the structural changes according to four different and interdependent dimensions: the final demand, the intermediate productions and also the supply of labour and the endowment of natural resources. Finally, some preliminary indications on the organisation of a new industrial strategy at the European scale are discussed, different from the focus on just the digital and green technologies, as indicated by the NGEU program by the European Commission.

Article
Publication date: 1 March 2005

Walter Block and William Barnett

This paper argues that laissez faire capitalism is the last best hope for mankind. That if the human race is to survive and prosper, put an end to starvation, hopelessness and…

Abstract

This paper argues that laissez faire capitalism is the last best hope for mankind. That if the human race is to survive and prosper, put an end to starvation, hopelessness and unemployment, then we must embrace private property rights, the rule of law and free enterprise. No longer should “profits” be a dirty word.

Details

Humanomics, vol. 21 no. 3
Type: Research Article
ISSN: 0828-8666

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