Regional Disparities in Small Countries

Regional Disparities in Small Countries

Author: Daniel Felsenstein

Publisher: Springer Science & Business Media

Published: 2005-12-28

Total Pages: 325

ISBN-13: 3540276394

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1 2 Daniel Felsenstein and Boris A. Portnov 1 Department of Geography, Hebrew University of Jerusalem, Israel 2 Department of Natural Resources and Environmental Management, University of Haifa, Israel During the Candiot War of 1645-1669, the Ottoman Sultan Ibrahim I ordered his chief admiral to attack Malta. Fearing imminent defeat by the superior Venetian forces stationed on the island, the admiral decided to trick the sultan out of the idea. As the story goes, he placed a candle on his naval map, allowing the wax to drip on the tiny island until it was completely covered. Then he exclaimed in false surprise, “Malta Yok!” (There is no Malta!), and convinced the sultan to sail his fleet to the Island of Crete instead. Although Malta is not featured in this volume, most of the countries it covers are of “wax drip” size. Intuitively, it may be expected that everything in small countries is diminutive: distances, population, economies, and even regional inequalities. Thus, at a symposium on “The Challenge of Development” convened in Israel in 1957 to mark the inauguration of a new building for the Department of Economics at the Hebrew University of Jerusalem, the eminent US economist Simon Kuznets stated that “developed small states seem to have succeeded in spreading the fruits of economic growth more widely among their populations than the larger states at comparable levels of income per capita”.


Good Governance Gone Bad

Good Governance Gone Bad

Author: Darius Ornston

Publisher: Cornell University Press

Published: 2018-10-15

Total Pages: 324

ISBN-13: 1501726129

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If we believe that the small, open economies of Nordic Europe are paragons of good governance, why are they so prone to economic crisis? In Good Governance Gone Bad, Darius Ornston provides evidence that adapting flexibly to rapid, technological change and shifting patterns of economic competition may be a great virtue, but it does not prevent countries from making strikingly poor policy choices and suffering devastating results. Home to three of the "big five" financial crises in the twentieth century, Nordic Europe in the new millennium has witnessed a housing bubble in Denmark, the collapse of the Finnish ICT industry, and the Icelandic financial crisis. Ornston argues that the reason for these two seemingly contradictory phenomena is one and the same. The dense, cohesive relationships that enable these countries to respond to crisis with radical reform render them vulnerable to policy overshooting and overinvestment. Good Governance Gone Bad tests this argument by examining the rise and decline of heavy industry in postwar Sweden, the emergence and disruption of the Finnish ICT industry, and Iceland’s impressive but short-lived reign as a financial powerhouse as well as ten similar and contrasting cases across Europe and North America. Ornston demonstrates how small and large states alike can learn from the Nordic experience, providing a valuable corrective to uncritical praise for the "Nordic model."


The Politics of Place and the Limits of Redistribution

The Politics of Place and the Limits of Redistribution

Author: Melissa Ziegler Rogers

Publisher: Routledge

Published: 2015-10-14

Total Pages: 215

ISBN-13: 1135936021

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Numerous scholars have noticed that certain political institutions, including federalism, majoritarian electoral systems, and presidentialism, are linked to lower levels of income redistribution. This book offers a political geography explanation for those observed patterns. Each of these institutions is strongly shaped by geography and provides incentives for politicians to target their appeals and government resources to localities. Territorialized institutions also shape citizens’ preferences in ways that can undermine the national coalition in favor of redistribution. Moreover, territorial institutions increase the number of veto points in which anti-redistributive actors can constrain reform efforts. These theoretical connections between the politics of place and redistributive outcomes are explored in theory, empirical analysis, and case studies of the USA, Germany, and Argentina.


Economic Inequality and Income Distribution

Economic Inequality and Income Distribution

Author: D. G. Champernowne

Publisher: Cambridge University Press

Published: 1998

Total Pages: 432

ISBN-13: 9780521589598

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Economic inequality has become a focus of prime interest for economic analysts and policy makers. This book provides an integrated approach to the topics of inequality and personal income distribution. It covers the practical and theoretical bases for inequality analysis, applications to real world problems and the foundations of theoretical approaches to income distribution. It also analyses models of the distribution of labour earnings and of income from wealth. The long-run development of income - and wealth - distribution over many generations is also examined. Special attention is given to an assessment of the merits and weaknesses of standard economic models, to illustrating the implications of distributional mechanisms using real data and illustrative examples, and to providing graphical interpretation of formal arguments. Examples are drawn from US, UK and international sources.


Regions Matter Economic Recovery, Innovation and Sustainable Growth

Regions Matter Economic Recovery, Innovation and Sustainable Growth

Author: OECD

Publisher: OECD Publishing

Published: 2009-12-14

Total Pages: 202

ISBN-13: 9789264076518

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Recently, OECD countries have promoted a new approach to regional policy. This report reviews the main dimensions of this policy shift, drawing on recent work by OECD including analysis of regional data, policy reviews and case studies.


The Handbook of Evolutionary Economic Geography

The Handbook of Evolutionary Economic Geography

Author: Ron Boschma

Publisher: Edward Elgar Publishing

Published: 2010

Total Pages: 577

ISBN-13: 1849806497

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This wide-ranging Handbook is the first major compilation of the theoretical and empirical research that is forging the new and exciting paradigm of evolutionary economic geography.The book.s distinguished contributors set out the theoretical,methodological and empirical foundations of an evolutionary perspective on the economic landscape. In so doing, they explore the interplay between organizational dynamics, industrial dynamics and space; analyse the nature and spatial evolution of networks; address the evolution of institutions in territorial contexts; and explore the evolution ofagglomerations and clusters.