Suchergebnisse

This paper seeks to explain trends in United States corporate profitability since World War II through an analysis of the rise and subsequent demise of a postwar social structure of accumulation (SSA). Building from a formal model of the determinants of profitability, we provide econometric support for the hypothesis that variations in profitability can be explained to a large extent by variations in quantitative indicators of capitalist power in the postwar SSA.

China's Belt and Road Initiative studies how Beijing's ambitions as well as management and financing of the initiative have evolved since its launch in 2013. In addition, the volume reflects on the initiative's future following the coronavirus pandemic.

Our aim is to analyse both the incidence and distribution of economic hardship in three countries - Finland, Britain and Sweden - using measures of relative deprivation. The study represents a unique endeavour as our comparisons are based not on income data but on direct observations of consumption of goods and services. The method applied has been developed from the consensual poverty approach pioneered by Mack and Lansley (1985). Hence, what we will observe is the inability to consume socially perceived necessities, both goods and activities, because of lack of income. The preliminary results contradict, to a large degree, findings derived from more traditional studies based solely on income data. They also reveal a detailed picture of the way relative deprivation is structured within countries and the differences that prevail between the three countries. The analysis represents a first step in an effort to develop alternative tools when comparing poverty and economic well-being between countries.