Global poverty and inequality: are the revised estimates open to an alternative interpretation?

The level of, and trends in, global inequality and global poverty are indicative assessments of who has benefited from economic growth. The revision of price data has led to a reassessment of those estimates. Through an extensive overview of the implications, we argue that the data can be read in different ways. Official estimates show global extreme poverty and global inequality are considerably lower than previously thought. We argue that these changes are much less significant than they at first appear, and we present a more nuanced alternative interpretation by exploring changes across the entire global distribution.     

The Africa-China relationship: challenges and opportunities

The dramatic growth in the relationship between Africa and China is one of the great stories of the twenty-first century, part of the profound transformations taking place in the global political economy. It has been greeted with excitement, consternation, and confusion. To its cheerleaders, it represents the enduring partnership between Africa and China, spawned by the historical affinities of struggles against Western imperialism and humanistic aspirations for development. To its critics, it is reminiscent of European colonisation a century earlier, in which Africa serves as a cheap source of raw materials, a lucrative export market for Chinese manufactured goods, and an outlet for its surplus capital. Rather than a development partner, some see China as Africa's biggest development competitor, whose explosive growth and insatiable quest for global markets threatens Africa's industrialisation and competitiveness. This paper examines the factors behind the development of Africa-China relations, especially its economic magnitude, and the challenges and opportunities it offers both regions.     

The Positioning of Economic Rationality in Colombia

This article explains how economic rationality in Colombia came to play a growing role in the management of economic policy and social analysis, as a case study of a process that is observed in various parts of the world. In addition to the rise of a technocratic elite, this involved the positioning of economic rationality in managing strategic state institutions and the creation of knowledge about society. We explain the mechanisms that enabled economists to occupy these positions, displacing other social scientists and sociologists.     

Balance Between Local Economic Development and Environmental Sustainability: A Multi-level Governance Perspective

This study seeks to explain why U.S. local governments utilize environmental sustainability to promote economic development. Economic development and environmental protection need not be competing objectives, but rather, environmental protection can enhance local economic competitiveness. Using data from the ICMA Economic Development Survey, this study tests an empirical model that includes state sustainability initiatives, participation in climate protection networks, and political attitudes toward economic development as predictors of local policy decisions. The findings reinforce a multi-level governance perspective on explaining the balance cities seek to achieve between environmental protection and economic growth.     

Errors have been made,others will be blamed: Issue engagement and blame shifting in prime minister speeches during the economic crisis in Europe

This article investigates prime ministers’ communication strategies during the most recent economic crisis in Europe. It argues that when electoral risk is high but governments’ policy options are severely limited, prime ministers will use specific communication strategies to mitigate electoral risks. Two such communication strategies are analysed – issue engagement and blame shifting – by applying state-of-the-art quantitative text analysis methods on 5,553 speeches of prime ministers in nine European Union member states. Evidence is found for both strategies. Prime ministers talk about the economy more in response to both high (domestic) unemployment and low (domestic) gross domestic product growth. Furthermore, it is found that the (domestic) unemployment rate is the most consistent predictor of blame shifting: as the domestic unemployment rate goes up, this is followed by an increase in blame shifting towards banks, Greece and the Troika of the European Commission, the European Central Bank and the International Monetary Fund.     

Covid-19 Pandemic,Social Mitigation and Taxation: The Open Veins of Inequality in Latin America

The pandemic of Covid-19 has exposed the veins of inequality in Latin America. With a socioeconomic disaster looming, social emergency policies seemed inevitable. Yet while governments argue over the continuity of such policies and whether the fiscal rules in place should be respected, no sustainable response has come out. This essay problematises whether the pandemic could represent a critical juncture to forge ahead with political narratives that highlight tax exemptions and privileges enjoyed by the rich. We analyse the mitigation measures adopted by Argentina, Brazil, Chile and Uruguay and their repercussions on the debate surrounding progressive tax reforms to fund social schemes.     

“一带一路”背景下国际发展经济学学科综述

国际发展研究是反映现实世界变化的窗口之一。最近几年的发展经济学文献对诸如援助的动因、援助有效性等传统议题的研究更为深入,对新议题的探索也逐渐涌现。移民问题、局部地区的战争与恐怖主义活动与援助的相互关系,援助是如何塑造受援国行为及其所产生的效果,是反映援助国政治诉求的现实性研究。除此之外,源自其他学科的新研究方法也丰富了学者们对传统议题研究手段,补充了传统研究方法在诸如内生性等问题上存在的缺陷。     

Economic effects estimation for the Eurasian Economic Union: Application of regional linear regression

This paper aims to provide a coherent analysis of the economic impact accession to the Eurasian Economic Union has had on the economies of current member states and what affect membership would have on the economy of Azerbaijan. By applying a Linear Regression Model we find that membership to this regional bloc has yielded minimal financial benefits for the existing members. However, for most states, accession has increased the trade deficit with Russia and that a membership would likely produce a similar negative outcome for Azerbaijan in addition to undermining national economic and energy policy making.     

广西北部湾经济区率先实现现代化的思考

现代化是经济、政治、社会、文化以及人类本身的全面推进与提升的过程。广西北部湾经济区应抢抓叠加历史机遇,立足优势、突出重点、强化措施、齐心协力、攻破难点,进一步加快现代化进程,尽快建成经济新高地和发展新一极,率先实现全面的综合的现代化。     

新冠肺炎疫情对宏观经济的影响分析及政策建议

该文通过对比分析发现,由于疫情影响地域范围、停复工时间和经济结构等因素存在差异,新冠肺炎疫情对经济的短期影响会大于2003年非典疫情;而且,由于部分民企和居民等微观主体的抗风险能力更弱,存在传导形成次生风险的可能。因此,必须坚持疫情防控和经济托底相结合,发挥逆周期政策作用,切实降低此次疫情的负面经济影响。