Translation of the achievements of basic science into everyday clinical practice remains a major issue in contemporary medicine, and is addressed through a new discipline, translational research, which aims to bridge the gap between basic and clinical research. Translational research encompasses laboratory studies, clinical demands, public health and health management, policies and economics; i...

By distinguishing between producible and nonproducible public goods, we are able to propose a general equilibrium model with externalities that distinguishes between and encompasses both the Starrett [1972] and Boyd and Conley [1997] type external effects. We show that while nonconvexities remain fundamental whenever the Starrett type external effects are present, these are not caused by the ty...

THE NOTION OF TRANSPARENCY is broad-ranging. It encompasses notions of accountability and political legitimacy of decision makers, as well as the legal and accounting infrastructure in which economic decisions are made. But from the operational perspective of a central bank, transparency can be regarded more narrowly in terms of the disclosure of information to a wider audience. Intuitively, th...

There are documented differences between the success and failure factors in the developed and developing countries with regard to the adoption and embracement of Openness in e-Government practice models. This paper posits that e-Government constitutes a critical context for social and economic development in both developed and developing countries. The paper also suggests that e-Government enco...

HE increased integration of the world’s monetary, fiscal, and trade policies has led to a growing need for the international harmonization of economic statistics. Accordingly, the System of National Accounts 1993 (SNA) was developed by the international community in order to facilitate international comparisons of national economic statistics and to serve as a guide for countries as they develo...

Social capital plays an important role in enhancing the efficiency of political institutions, and the economic performance of nations. Malaysia is a multiracial country with a population of 22,2 millions. The four main ethnic communities are the Malay, Chinese, Indian and the indigenous people of Sabah and Sarawak. The indigenous people account for only about 12 per cent of the population but t...

Next generation telecommunications infrastructures are considered as a principal example of a new technology for sustainable economic growth. From their deployment it is expected that a wealth of innovations hopefully converted into economic growth new sources of employment and improved quality of Ufe will result. In line with these prospects, public administrations at supranational, national, ...

We argue against the use of composite indices, such as Human Development Index (HDI), in economic history. show that HDI can be interpreted a formal representation analyst’s ethical system. support our claim by introducing new class paternalistic social welfare functions (Graaff 1957, Mas-Colell, 1995) which encompasses all formulas put forth literature. The theoretical framework is illustrated...

This article develops the concept of housing market ‘rentierization’ to describe shift in treatment away from its use as a consumption good an asset which economic rent can be extracted. Rentierization encompasses, but goes beyond, ‘financialisation housing’ that has been focus attention recent political economy literature it involves changes across land and policy, fiscal-policy well financial...