To investigate whether platform work can grow even in political economies with an adverse institutional environment, we examine Germany as a least likely case. We assess what constrains the growth of well existing economic and social institutions adapt to it. find that is being accommodated German economy, but very limited space. The most important institution constraining insurance, especially...

This paper investigates the impact of national institutional contexts on firms' socially responsible practices, the motives for such practices and methods of organising social practices. Surveys of firms in a liberal market economy (USA) and those in a coordinated market economy (Finland) are compared. Findings indicate that social practices differ between the contexts, providing empirical supp...

Economic and political globalisation are inevitably accompanied by a kind of ideological globalisation, a transnational ideology which legitimises them. In other words, an ideology to justify, on the one hand, the minimisation of the state’s role in the economy —which, in a market economy system implies a corresponding maximisation of the role of the market and private capital— and, on the othe...

An investigation of the impact of foreign exchange controls in a black market economy is undertaken within the context of a choice-theoretic cash-in-advance general equilibrium model. While such controls may improve a 'distortion-free' economy's trade balance and balance of payments they are found to increase the domestic price of imports and lower the country's welfare. The ramifications of bl...

Federal Reserve Bank of Atlanta E C O N O M I C R E V I E W Third Quarter 2002 I n 1998, Federal Reserve Board Chairman Alan Greenspan posed the provocative question, Is there a “new economy”? He described the new economy’s characteristics as including technological innovations that raise productivity and that have, accordingly, removed pricing power from the world’s producers on a more lasting...