Clinical change in psychopathic traits after the PSYCHOPATHY.COMP program: preliminary findings of a controlled trial with male detained youth

Journal of Experimental Criminology - To assess the preliminary efficacy of the PSYCHOPATHY.COMP in reducing psychopathic traits among male detained youth. In this controlled trial, a treatment...     

Effectiveness of selective credit controls: An empirical test applied to India

This article examines the efficiency of the selective credit policies pursued by the Indian authorities aimed at curtailing inventory accumulation in the sugar industry. Based on the relationship between investment demand and credit availability, a methodology is developed to test the degree of substitutability of different types of credit in the inventory decision of the firm. The tests conducted indicate that the credit policies adopted by Indian authorities have been of limited effectiveness owing to the substitutability of the different sources of finance. The results also indicate that while a correctly designed selective credit policy can affect inventory accumulation, the same policy may have an adverse impact on overall investment of the firm.     

Las funciones de los consejeros independientes de las sociedades en México: Recomendaciones para el cambio a partir de las asimetrías existentes entre la práctica y la ley

The legal notion of an independent board member was introduced to the Mexican legislation in 2005. The goal was to improve the corporate governance of the corporations listed on the stock exchange. It was thought that including the independent board members would help to better represent the interest of the minority holders, as well as to increase the level of accountability. This article challenges these ideas based on 10 interviews carried out with independent board members. It finds that what the law says is far from what actuatly occurs: they lack of an adequate level of knowledge to perform their tasks, their degree of independence is severely limited by the criteria used to appoint them and they usually ignore essential corporate information, which impede them from participating effectively in the board sessions. The article suggests the creation of an independent board member’s association, a mechanism that, along with a mandatory certification system, would improve the way in which they perform their duties.     

A theory of executive dominance of congressional politics: the committee system in the Brazilian chamber of deputies

This article analyses the Brazilian Chamber of Deputies committee system using rational choice theories developed originally for the US Congress. We suggest that pure versions of these theories are unable to explain Brazilian committee politics, and point out the necessity of building a specific theory that takes into account key institutional characteristics which give the Brazilian Executive considerable power to control the legislative process to assure outcomes consistent with presidential preferences. We demonstrate that committees in Brazil operate to some degree as agents of the executive. For this reason, we call it the Theory of Executive Dominance.     

Pork is policy: Dissipative inclusion at the local level

The article investigates the impact of local policies on human development indicators in Brazilian municipalities. This is an attempt to investigate the role of the legislative branch in reducing inequality and poverty through budget amendments, usually seen in derogatory form as pork barrel politics. We assess the effect of pork on municipalities using up‐to‐date policy evaluation techniques. Brazil is a case of extreme inequality and an active legislative branch in disbursing monies. The data set contains over 60,000 observations from all 5,500+ Brazilian municipalities for over a decade. We use matching and longitudinal data analysis techniques, treating pork as exogenous shocks, mapping how its effect reverberates on social and economic indicators in succeeding years. The results indicate a positive impact of such policies in improving local level development. However, these results are not sustainable over time, thus suggesting inclusion with a dissipative profile.     

Inequality and Growth: Uncovering the Main Conclusions from the Empirics

Abstract

This paper is a critical survey of the empirical literature on the effects of inequality on economic growth. We conclude that it is most likely that the disparities found in the results are due to differences in the type of countries and time periods included in the samples, the variable used to measure inequality, the structure of the data, and the estimation techniques. These findings suggest that the mechanisms that link inequality to growth are likely to operate differently in different circumstances, an element that may offer important guidelines for both policy makers and researchers.     

A theory of predatory welfare state and citizen welfare: the French case

Public Choice - In this paper, we argue that the welfare state is an outcome of modern mass (total) warfare. The total war economy requires the participation of all citizens, erasing the...     

Recycling and expansion: an analysis of the World Bank agenda (1989–2014)

This article analyses the agenda of the World Bank after the Washington Consensus, arguing that it became more encompassing, politicised and intrusive. This agenda expanded and recycled itself since, in addition to liberalisation, privatisation and macroeconomic adjustment, it also advocated the wide-ranging reconstruction of the economy, the relationship between society and nature, the state, civil society and visions of the world and social practices from a neoliberal perspective. It is argued that the fight against poverty was incorporated by the institution, which functioned as an auxiliary mechanism for this liberalisation. The importance of the incorporation of New Institutional Economics for this expansion and recycling is highlighted.