"For an informed debate"
...made during Les Rencontres relate to the very nature of the events we are experiencing: is it a secular break or an acceleration of a pre-existing turmoil? A consensus emerged as to the fact that it was an acceleration. One might even say that it is hysteria around the intertwining of very...
Read more...growth economics suggests that the nature of the efficient arrangements may depend on the stage of development: institutions that are growth enhancing in a catching-up phase may become dysfunctional as the economy approaches the technology frontier (Acemoglu, Aghion and Zilibotti,...
Read more...of public goods in the cold war era was of this nature, done largely by the United States which had both an interest in maintaining an open trading system in the world, and in a security system, to protect itself and its trading partners. It permitted free-riding by, for example, becoming an...
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