Simultaneously deepening corporatism and advancing neoliberalism: Australia under the Accord

Aborted Corporatism : The Case of Bolivia under the

In this paper, I apply theories from the literature on corporatism to Bolivia. Despite developing the necessary policies and institutions to fully incorporate labor into the political sphere, the Movimiento Nacional Revolucionario (MNR) never achieved regime stability as the corporatist project was ultimately aborted for industrial labor and the miners. The primary cause of this failure was the...

Corporatism and job satisfaction

Phelps, Edmund, and Zoega, Gylfi—Corporatism and job satisfaction We introduce reported job satisfaction as a measure of economic performance and find it positively correlated with GDP per capita and the labor force participation rate in a sample of OECD countries and negatively correlated with unemployment. Moreover, we find that many measures of corporatism, which we define in the wider sense...

FAR from Perfect: The Military and Corporatism

This paper explains the potential for the rise of state corporatism in Cuba during a transition to democracy. The focus is on examining the economic and political power of the Cuban military due to its involvement in the Cuban economy. The paper investigates Perfeccionamiento empresarial and how this program has led to a major increase in the power the military will wield during a post-communis...

GFC-Robust Risk Management Strategies under the Basel Accord*

Asset Allocation under the Basel Accord Risk Measures

Financial institutions are currently required to meet more stringent capital requirements than they were before the recent financial crisis; in particular, the capital requirement for a large bank’s trading book under the Basel 2.5 Accord more than doubles that under the Basel II Accord. The significant increase in capital requirements renders it necessary for banks to take into account the con...