Эндогенные институты прав собственности и неравенство в модели с асиммметричной борьбой за ренту
This paper analyses the impact of inequality in wealth distribution on the strength of property rights in non-democratic countries. We construct the model with asymmetric rent-seeking contest and endogenous institutions to demonstrate that the impact of inequality on property rights is non monotonous and conditional on a) what the inequality is driven by: higher aggregate wealth of the ruling class (elite) or its lower share in population; b) how high is the level of inequality, which determines the equilibrium type, conflict regime (with unproductive rent-seeking behavior) or social contract; c) the size of ruling class, i.e. how limited is the access to power. More asymmetry in wealth distribution between the elite and the masses indeed leads to the emergence of the conflict equilibrium. However, as long as economy rests in conflict, the quality of property rights positively depends on the wealth of the elite, but negatively depends on the tightness of the elite class. For this reason, countries with wide-enough ruling class may establish strong institutions both under very high and low levels of inequality, while intermediate cases lead to worse institutions. Moreover, high wealth inequality leads to lower conflict intensity. Consequently, in countries with the most narrow elite lower inequality does not contribute to better institutions, but only increases conflict intensity. We use the results of our model to explain the existent substantial differences in the quality of property rights institutions between non-democratic regimes, and also interpret some historical cases of institutional development in (post)colonial periods and nowadays.
Everything connected with the issue of economic and social inequality is very urgent and rather debating in many countries. It has reached its bolding point. Why?
Global warming is arguably the most critical and controversial issue facing the world in the twenty-first century, one that will affect every living creature on the planet. It is also an extraordinarily complex problem, which everyone needs to understand as clearly and completely as possible. This book provides a concise and accessible explanation of the key aspects of global warming. It discusses how and why changes are occurring, sets current warming trends in the context of past climate change, examines the predicted impact of global warming, as well as the political controversies of recent years and the many proposed solutions.
Cataclysms of the twentieth century enabled to speak about the cultural paradigm shift: the New Middle Ages began to crystallize. In this paper the rethinking process (mainly in economic but also philosophical discourse) of the meaning of labour is sketched. The importance of noneconomic sense of labour (which can be understood as Service) has been realized even in some branches of political economy. Self-centred homo economicus is regarded as secondary to unselfish homo faber. Different reasons of standing for this ideal are outlined.
In this paper we use the rich set of unit-level data from the most recent Egyptian household surveys (1995 – 1996 and 1999 – 2000) to assess changes in poverty and inequality between 1995 and 2000. The study analysis is based on the new methodology of constructing household-specific poverty lines that account for the differences in regional prices, as well as differences in the consumption preferences and size and age composition of poor households. The results show that average household expenditures rose in the second half of the 1990s and the poverty rate fell from 20% to less than 17%. In addition to the ongoing divide in the urban-rural standard of living, a new geographical/regional divide emerged in the late 1990s. Poverty was found predominantly among less-educated individuals, particularly those working in agriculture and construction, and among seasonal and occasional workers. These groups could suffer the most from the slowing economic growth evident after 1999 – 2000.
This book provides an in-depth comparative analysis of inequality and the stratification of the digital sphere.
Grounded in classical sociological theories of inequality, as well as empirical evidence, this book defines ‘the digital divide’ as the unequal access and utility of internet communications technologies and explores how it has the potential to replicate existing social inequalities, as well as create new forms of stratification. The Digital Divide examines how various demographic and socio-economic factors including income, education, age and gender, as well as infrastructure, products and services affect how the internet is used and accessed. Comprised of six parts, the first section examines theories of the digital divide, and then looks in turn at:Highly developed nations and regions (including the USA, the EU and Japan); Emerging large powers (Brazil, China, India, Russia); Eastern European countries (Estonia, Romania, Serbia); Arab and Middle Eastern nations (Egypt, Iran, Israel); Under-studied areas (East and Central Asia, Latin America, and sub-Saharan Africa).
Providing an interwoven analysis of the international inequalities in internet usage and access, this important work offers a comprehensive approach to studying the digital divide around the globe. It is an important resource for academic and students in sociology, social policy, communication studies, media studies and all those interested in the questions and issues around social inequality.
Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both power and welfare, but heterogeneity in other characteristics can either strengthen or weaken the relationship. Survey data on Russian adults indicate that higher individual and household incomes raise both self-rated power and economic welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At given income, the identified covariates have strikingly similar effects on power and economic welfare.Income
This is the second volume in a series of five books bringing together the results of intensive research on the national systems of innovation (NSI) in the BRICS countries – Brazil, Russia, India, China, and South Africa. This book analyses the co-evolution of inequality and NSI across the BRICS economies. Inequality and Development Challenges argues that inequalities (assets, access to basic services, infrastructure, knowledge, race, gender, ethnicity, and geographic location) that go beyond the aspects of income, must be factored into development strategies since the benefits of innovation are not distributed equally. It combines original and detailed data, making this book an invaluable resource for researchers and scholars in economics, development studies and political science, as well as policymakers and development practitioners interested in the BRICS countries.
The article deals with the relationship of business and government through the various aspects of the conflict interaction. The author analyses border state of relationship between business and power, factors and possible solutions of conflict situations. The author makes an assumption that development of social relations in general can lead to transformation of inefficient system of relationships between business and power.
Institutions affect investment decisions, including investments in human capital. Hence institutions are relevant for the allocation of talent. Good market-supporting institutions attract talent to productive value-creating activities, whereas poor ones raise the appeal of rent-seeking. We propose a theoretical model that predicts that more talented individuals are particularly sensitive in their career choices to the quality of institutions, and test these predictions on a sample of around 95 countries of the world. We find a strong positive association between the quality of institutions and graduation of college and university students in science, and an even stronger negative correlation with graduation in law. Our findings are robust to various specifications of empirical models, including smaller samples of former colonies and transition countries. The quality of human capital makes the distinction between educational choices under strong and weak institutions particularly sharp. We show that the allocation of talent is an important link between institutions and growth.
This article reviews the modern approaches to the analysis of conflict situations in a supply chain. Four main areas of conflict analysis are identified and discussed in the paper: mathematical methods, hierarchical analysis, total cost modeling business processes.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.