you satisfied by what is happening? If yes, fine. If not, policies
in broad sense are needed, based on stakeholder consensus and mobilisation,
characterised by innovativeness, adequacy to empirical reality,
Economics Web Institute devise, adapt, and implement policies worldwide.
for the active involvement of insurance institutions in public protection
In principle, insurance companies should have
a material interest in reducing actual occurrences of negative shocks,
for any given level of premium. This might, under certain institutional
settings, lead them to make extensive data collection, careful evaluation
of risks, accurate research to establish key determinants of occurrence,
to devise and explore various options on mitigating activities,
and even direct funding for their implementation. All this just
out of their self interest.
Such companies would be great partners to public authorities and
other industries and stakeholders in increasing the protection of
the public. If properly working, these partnerships might inherit
certain commitments and goals of the Welfare state, with a potential
increase of efficiency and effectiveness due to superior knowledge
and capability of taking action.
In practice, however, many real insurance system are at odds with
this description. The paper describes the system from a bounded
rational perspective and sketches a policy approach to pro-actively
push the insurance industry in this promising direction.
rules for technology fixes
Republished from Nature
the key paper by R. R. Nelson and D. Sarewitz.
Essay: Our Plan
B for macro-economic recovery and structural change
EWI has been asked to sign this program to change
the macro-economic policies to cope with the combined financial,
economic, social and environmental crisis in UK and other countries.
accepted to sign and would like to offer to our readers' reflection
the following policy essay:
leading economists have done the same.
Bilateral import promotion as a key to integration
in a hierarchical world
Changing the world order from below: a challenge
for rich and poor countries. This is a first policy to raise integration
relations instead of dependence and isolation.
Innovative Economic Policies for Climate Change
A wide range of policies for international agreements,
national, sub-national and city levels aimed at fostering the transition
to a low-carbon economy by restructuring markets, influencing firm
routines, consumer lifestyles and purchasing rules, government policymaking.
Useful for laying down lists of NAMAs (Nationally
Appropriate Mitigation Actions), Climate Action Plans at international,
national, sub-national, city as well as Technological Road Maps
at sectoral levels.
Policy options for mainstreaming forest-based
mitigation measures in EU rural development
EWI director explores alternatives. Presentation
Adoption paid by non-adopters: An innovative
techno-economic policy to spread clean technologies
Presented at the Copenhagen conference on Climate
change: Global risks, Challenges and Decisions.
The full paper
From remittances to microfinance
The Economics Web Institute has developed a consulting
package for microfinance institution and public bodies to convert
part of remittances flows in endogeneous growth, by leveraging microfinance
and the entrepreneurship of the migrants' families.
We are keen to provide you more information by
Diversification strategies and proximity in
How to diversify the economy from too heavy reliance
on few exported goods? This paper provides a scientific base to
the choice of new goods to produce.
Trade with thy neighbour
Proximity international trade creates the kind
of relative bilateral monopoly that might bring to economic integration
on equal foot, with deep reciprocation and internalization of bilateral
Marginalized sub-national regions and communities
might thrive because of the activation of legal trade across the
This paper assesses the importance of trade
between neighbours for the involved regions and for the overall
structure of the world relationships.
Micro-policies and macro-policies in the perspective of a modeling
approach leveraging modern interpretation of Schumpeter and Keynes
development from the perspective of evolutionary economic theory
Evolutionary theory sees the economy as always in the process of
change that involves economic actors taking actions that break from
previous behavior, and an environment in continuing flux because
of the innovation.
neoclassical theory sees the economy as at rest, or undergoing well
anticipated change it has nothing to say about these kinds of conditions.
the author, Richard Nelson, believes the processes of economic catch-up
have to proceed under the implicit or explicit guidance of an evolutionary
Commodity-Dependent Developing Countries:
problems and perspectives
43 developing countries depends on just one agriculture
commodity for more than 20% of their exports. Other countries are
similarly dependent on just a handful of primary commodities. Long-term
decline in prices, short term fluctuations, poverty:
these issues should be taken in a stronger account by the entire
and policy challenges
by Luisa Rodriguez (South Centre)
commodity issues and some implications for the WTO negotiations
on agriculture by Panos Konandreas (FAO)
papers and presentations
Exports and their linkages to literacy
An exploration of the manyfolds relations of
exports and the growth of the number of people capable to write.
Does innovation policy matter in a
Havas demonstrates in this paper the simultaneous
need for systemic institutional changes and macroeconomic
stabilisation in order to improve microeconomic performance.
Whithin an evolutionary economics
framework, innovation policy
is examined both theoretically and empirically in the case of
a country currently undergoing deep structural changes: Hungary.
Public project evaluation and
The issue of selecting and implementing public
projects is predominated by the political, social and economic
dimensions. In this paper an attempt is made to evaluate the public
projects by double scoring method which incorporates national
priorities and the selection of public projects so that objectivity
is maintained purely on the rationality of priority ranking.
A small tax levied on non-adopters can boost
the diffusion of any new technology, including those required in
climate change mitigation and adaptation strategies. The tool costs
nothing to the policy-maker and can enjoy a fairly good opinion
in the general public.
Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and
Business Cycles by G. Dosi, G. Fagiolo, A. Roventini
Evolutionary innovation and technology
policy: a four-phase high tech policy model (April 2006)
by G. Avnimelech, M. Teubal
This paper presents a four-phase Innovation and
Technology Policy (ITP) cycle model based on the Israeli experience
of the last 35 years and on the Industry Life Cycle Model of Venture
Capital Industries and High Tech clusters.
What policy-makers can learn from behavioural
EU productivity and competitiveness: can Europe
resume the catching-up process with US?
industry-level and firm-level productivity in EU are compared with
US and a policy for productivity catching-up is proposed.
value chain: governance and typologies
How Do We Define Value Chains and Production Networks
The Governance of Global Value Chains
reference site for Global Value Chains
High-Tech Start-Ups and Industry Dynamics
in Silicon Valley
Using two unique longitudinal databases, Junfu
Zhang investigates firm formation, growth, mortality, and migration
in Silicon Valley during the 1990s and explain how the region evolved.
After extraordinary economic and innovation success in the late
1990s, Silicon Valley entered a deep recession in 2001. This study
seeks to answer tough policy-relevant and empirical questions of
interest everywhere in the world.
After the Washington consensus: domestic
pulled GDP growth can be more reliable and equitable than export-led
The point of view of a trade unionist.
the dialectics among international organization as WTO, World Bank,
ILO, etc. UNCTAD could find a new role.
from the South Centre
Mining clusters and local economic development
in Latin America
Is a development strategy conceivable for Latin
America that has the regions abundant natural resource base
as its point of departure? What would such a development strategy
look like and what would be its environmental and social consequences?
The challenge seems to be to foster economic
activities related to the exploitation of natural resources, through
forward, backward or lateral linkages and feedbacks,
since Latin America could not attain development by exporting commodities
Post-conflict peace-building in Africa
- the challenges of socio-economic recovery and development
The policy objectives in a typical post-war economy
would be to restore and maintain peace, improve security, prevent
the renewal of war, facilitate rapid socio-economic recovery,
and start to build the institutional framework favorable to development
and sustained poverty reduction.
Socio-economic recovery and poverty reduction are important elements
of building peace while improving peace and security reinforce economic
growth. This long paper seeks to address the challenges of socio-economic
recovery and long-term development in post-civil war countries in
merchandise balance among 99 countries
rates for 170 countries (1970-1996)
microdata: a random sample with age, education, sex, marital status,
sector, occupation and other variables
macroeconomic data for 136 countries and 42 years
most user-friendly distribution of the main international database
on GDP components (consumption,
expenditure and net exports)
for 136 countries and 42 years. Excellent for international comparisons,
long-term growth enquiries and business cycle analysis, since it
provides real values at constant prices comparable over time and
data about population, GDP and per-capita GDP in all countries of
the world since centuries ago
expenditure by income classes
time series for employment, unemployment, labour force and working-age
population in 28 countries (1981-2003)
comparison of 13 key indicators of innovation: the European Innovation
the world is coping with its main challenges? The 2004 GGI judgement
attainments in reading: a comparison of 35 countries with trends
revenue in OECD countries (1966-2000) plus a comparison in tax systems
of public expenditure (education, health, defence...) - 69 countries
in Africa, Asia, America, Europe (1975-1985)
of education: 16 indicators
Academic attainments in math, literacy, ICT,...;
participation, completion and drop out rates; resources...
Belgium, Denmark, Germany, Greece, Spain, France, Ireland, Italy,Luxembourg,
the Netherlands, Austria, Portugal, Finland, Sweden, the United
Kingdom,Cyprus, Hungary, Poland, Romania, Slovakia, Latvia, Estonia,
Lithuania, Bulgaria, the Czech Republic, Slovenia
expectancy and healthy life expectancy (HALE) (55 countries)
development index (162 countries)
reports of reflections and data.
and disease statistics worldwide
wages for 162 jobs in 132 countries
MS Excel file with a user-friendly interface of the excellent dataset
by Freeman - Oostendorp. Long-term
time-series from 1983 to 1999. This data set allows for comparison
of wages across countries for the
same job, over time, underlining the differences between skilled
and unskilled works.