Journal•
OUP Catalogue
Oxford University Press
About: OUP Catalogue is an academic journal. The journal publishes majorly in the area(s): Politics & Globalization. Over the lifetime, 774 publications have been published receiving 38060 citations.
Topics: Politics, Globalization, Corporate governance, Capitalism, Public policy
Papers published on a yearly basis
Papers
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TL;DR: In this paper, the authors present an overview of the state-of-the-art models for static and dynamic error components, including autoregressive models with individual effects and models with predetermined variabilities.
Abstract: 1. Introduction PART I: STATIC MODELS 2. Unobserved Heterogeneity 3. Error Components 4. Error in Variables PART II: DYNAMIC MODELS 5. Covariance Structures for Dynamic Error Components 6. Autoregressive Models with Individual Effects 7. Models with Predetermined Variables
1,692 citations
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TL;DR: In this article, the authors consider why institutional forms of modern capitalist economies differ internationally, and propose a typology of capitalism based on the theory of institutional complementarity, which is the outcome of socio-political compromises.
Abstract: This book considers why institutional forms of modern capitalist economies differ internationally, and proposes a typology of capitalism based on the theory of institutional complementarity Different economic models are not simply characterized by different institutional forms, but also by particular patterns of interaction between complementary institutions which are the core characteristics of these models Institutions are not just simply devices which would be chosen by 'social engineers' in order to perform a function as efficiently as possible; they are the outcome of a political economy process Therefore, institutional change should be envisaged not as a move towards a hypothetical 'one best way', but as a result of socio-political compromises Based on a theory of institutions and comparative capitalism, the book proposes an analysis of the diversity of modern economies - from America to Korea - and identifies five different models: the market-based Anglo-Saxon model; Asian capitalism; the Continental European model; the social democratic economies; and the Mediterranean model Each of these types of capitalism is characterized by specific institutional complementarities The question of the stability of the Continental European model of capitalism has been open since the beginning of the 1990s: inferior macroeconomic performance compared to Anglo-Saxon economies, alleged unsustainability of its welfare systems, too rigid markets, etc The book examines the institutional transformations that have taken place within Continental European economies and analyses the political project behind the attempts at transforming the Continental model It argues that Continental European economies will most likely stay very different from the market-based economies, and caat political strategies promoting institutional change aiming at convergence with the Anglo-Saxon model are bound to meet considerable opposition
1,611 citations
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TL;DR: In this paper, Amartya Sen argues that welfare economics can be enriched by paying more explicit attention to ethics, and that modern ethical studies can also benefit from a closer contact with economics.
Abstract: In this elegant critique, Amartya Sen argues that welfare economics can be enriched by paying more explicit attention fo ethics, and that modern ethical studies can also benefit from a closer contact with economics Predicitive and descriptive economics can be helped by making room for welfare-economic considerations in the explanation of behaviour In this context, he explores the rationality of behaviour and pays particular attention to social interdependence and internal tensions within consequential reasoning
1,503 citations
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TL;DR: In this article, Amartya Sen explains how in a world of unprecedented increase in overall opulence millions of people living in the Third World are still unfree, even if they are not technically slaves, they are denied elementary freedoms and remain imprisoned in one way or another by economic poverty, social deprivation, political tyranny or cultural authoritarianism.
Abstract: In Development as Freedom Amartya Sen explains how in a world of unprecedented increase in overall opulence millions of people living in the Third World are still unfree. Even if they are not technically slaves, they are denied elementary freedoms and remain imprisoned in one way or another by economic poverty, social deprivation, political tyranny or cultural authoritarianism. The main purpose of development is to spread freedom and its 'thousand charms' to the unfree citizens. Freedom, Sen persuasively argues, is at once the ultimate goal of social and economic arrangements and the most efficient means of realizing general welfare. Social institutions like markets, political parties, legislatures, the judiciary, and the media contribute to development by enhancing individual freedom and are in turn sustained by social values. Values, institutions, development, and freedom are all closely interrelated, and Sen links them together in an elegant analytical framework. By asking 'What is the relation between our collective economic wealth and our individual ability to live as we would like?' and by incorporating individual freedom as a social commitment into his analysis Sen allows economics once again, as it did in the time of Adam Smith, to address the social basis of individual well-being and freedom.
959 citations
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TL;DR: New State Spaces as discussed by the authors is a mature and sophisticated analysis of broad interdisciplinary interest, making this a highly significant contribution to the subject of political geographies of the modern state, which has been made in the past few years.
Abstract: Neil Brenner has in the past few years made a major impact on the ways in which we understand the changing political geographies of the modern state Simultaneously analyzing the restructuring of urban governance and the transformation of national states under globalizing capitalism, 'New State Spaces' is a mature and sophisticated analysis of broad interdisciplinary interest, making this a highly significant contribution to the subject
951 citations