Search results for "Economic system"
showing 10 items of 232 documents
Revisiting “Schumacker”: Source, Residence and Citizenship in the ECJ Case Law on Direct Taxation
2013
ECJ case law on direct taxation has been very important in the development of the international dimension of direct tax systems of EU Member States. Through the application of the non-discrimination principle and the requirements of the fundamental freedoms, some of the basic structures of the implementation of income tax systems have been revised to accommodate to the needs of the single market. However, the requirements of the EU single market are fundamentally incompatible with the assumptions that have served to build the criteria under which modern income tax systems have been developed (worldwide income taxation, residence vs source, unlimited vs limited tax liability, credit vs exemp…
Business Sectors Involved in Social Entrepreneurship
2021
The present chapter offers detailed insights about the characteristics at a microeconomic level of four practical examples of social ventures. After providing a robust theoretical framework about the motivations, challenges and aspirations of social entrepreneurs, it is time to put into practice these conceptions through the lens of real social ventures. The literature encourages the use of case studies to connect the theory groundwork, developed in the academy, to real life. As for this call to study, the present chapter thoroughly covers the ideation and consolidation stages of the selected social ventures, which sheds light for inspiration on a context where social entrepreneurship is in…
Reforms and decentralization: friends or foes
2013
Systemic concerns about markets, capitalism and the role of the state in the economy are salient again. Relatively large-scale reforms of economic and social arrangements are seriously considered. Historical experience suggests that reforms of that kind are sometimes associated with important changes in institutional arrangements pertaining to political decentralization. To explore the relationship between economic reforms and decentralization, the paper argues that a reform has two dimensions. It is a process and it is a design. The organization of the paper is inspired by that distinction. For economists, it seems natural to reason in terms of design -- that is, to perceive reform as the …
A Holistic Approach to Comprehending the Complexity of the Post-growth Era: The Emerging Profile
2015
The goal of this study is to investigate the problems caused by the rapid growth of the global economy, coupled with high population growth and the excessive exploitation of natural resources. The global economy will not be able to maintain its current speed of growth in the long term, so a paradigm shift in production and consumption is necessary, if the collapse of ecosystems and the concurrent depletion of natural resources are to be avoided. This is the reason why capitalism needs to take a turn towards a sustainable and naturally harmonized development model.
‘World Class Local Heroes’: Emerging Competitive Horizons and Transnational Academic Capitalism in Finnish Higher Education – 2010–2012
2016
This chapter introduces an analysis based on institutional profiles of higher education institutions and the two institutional case studies that were carried out in Finland as part of the CINHEKS study. The purposeful selection of the profiles and case studies was based on historical contextualization, the spectrum of higher education institutions in Finland, as well as the twin effects of a major legislative reform, carried out as the global economic crisis of 2008/09 unfolded. In terms of theory of the middle range, empirical focus was achieved via a purposeful selection based on mission emphasis, disciplinary cultures, career stage and competitive horizons. This analysis spotlights three…
Education, Growth and Development
2016
The link between higher-education investment and growth is more relevant when a country’s economy is no longer based on imitation, and begins to rely instead, on innovation as the main engine for growth. The knowledge triangle – research, education and innovation – was a core factor in European efforts to meet the Lisbon strategy and its stated objective that knowledge should help the European economy become the most dynamic knowledge-based one in the world. The failure of the Lisbon strategy was later conducive to a new ambitious scheme, namely Horizon 2020. Human capital, when transposed to educational matters, helps put forward an assessment of the relevance of the neo-Schumpeterian view…
Europe 2020 Strategy and New Policies for Marginal Areas
2014
Marginality should be seen as an a asset rather than a liability for a region or a community. Marginality reflects a strategy of economic development, and this paper also seeks institutional means for championing marginality over conformity.
The BRICS: an analysis of the correlation of economic development and integration policies
2021
Megacities without Global Functions.
2007
Present urban evolution is characterized by two major phenomena. On the one hand, the number of very large cities, the megacities, increases dramatically, especially in the less developed countries (LDCs). On the other hand, globalization leads to the emergence of cities coordinating complex and global economic activities, the global cities, especially in the more developed countries (MDCs). So, the two phenomena are diverging. A number of megacities do not exhibit any global function.The global performances of megacities are well correlated with their degree of economic development. But it is worth wondering why economic underdevelopment is consistent with urban growth but not with city gl…
How Do Institutions Affect Structural Unemployment in Times of Crises?
2012
This paper examines the effect of economic crises on structural unemployment using an Autoregressive Distributed Lags model and accounting for the role of institutional settings on an unbalanced panel of 30 OECD economies from 1960 to 2006. We found that downturns have, on average, a significant positive impact on the level of structural unemployment rate. The maximum impact varies with the severity of the downturn. Institutions (such as employment protection legislation, average replacement ratio and product market regulation) influence both the extent of the initial shock and the adjustment pattern in the aftermath of an economic downturn.