Srl | Item |
1 |
ID:
085676
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Publication |
2008.
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Summary/Abstract |
Crises and interventions often generate opportunities for profitable business activities. This can have a significant effect on the outcomes of interventions. This article explores how economic interests can create crises and how the nature of interventions may be shaped by business interests. It looks further at the macroeconomic consequences of crises, the possibilities of corruption and neo-imperialism. Reference is made to examples of crises and interventions that illustrate these political economic concerns.
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2 |
ID:
125661
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Publication |
2013.
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Summary/Abstract |
This paper argues that the underlying supply and demand analysis of fossil energy and other environmental taxes needs further elaboration when a country (a) introduces national fossil energy or environmental taxes and (b) is open to international trade at given world prices. We provide evidence that such conditions are plausible for many sectors in the UK. A key implication is that the short run effects of such taxes should not be felt in final good prices, since these are determined in world markets, but in terms of underlying profitability. These changes in underlying profits provide two key incentives for producers-to change to more environmentally friendly production techniques and to switch resources to production of less environmentally harmful goods. Using input-output techniques we provide evidence for the UK to show how existing fossil energy and other "green" taxes have affected underlying profitability. The evidence shows quite strong profit incentives to shift resources from a small number of energy intensive industries to others.
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3 |
ID:
095046
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Publication |
2010.
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Summary/Abstract |
The traditional view of the defence industry obtaining large profits from contracts with the Ministry of Defence relies on several assumptions. Among these are the use of such arrangements as an instrument of industrial policy, the strong market power enjoyed by prime contractors, and the inefficiency encouraged by the sector. The findings show that defence contracts have a positive effect on profits, as well as the prizes for innovation and the market power enjoyed by some defence subsectors.
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4 |
ID:
118230
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Publication |
2012.
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Summary/Abstract |
The rise in inequality across many rich nations, but especially in the United Kingdom and the United States, was meant to lead to a bigger economic pie from which all would benefit. In fact, the increased concentration of income over the last three decades has led to more fragile and unstable economies making it a key cause of the 2008 Crash and today's lack of recovery. The evidence of the last 100 years is that models of capitalism that fail to share the proceeds of growth more evenly will eventually self-destruct. More equal societies have softer business cycles. In contrast, more unequal economies are associated with more extreme cycles-they have exaggerated booms, deeper falls and extended troughs. The scale of inequality is not just an issue about fairness and proportionality, it is therefore integral to economic health.
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5 |
ID:
162241
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Summary/Abstract |
This paper explains and assesses the UK experience with determining prices and profitability for non-competitive defence contracts. Three periods are considered, namely pre-1968, the 1968 Profit Formula Agreement and the changes introduced in 2014. Two cases of ‘excessive’ profits were major determinants of the 1968 Profit Formula Agreement; but continued dissatisfaction with the 1968 Agreement led to changes in 2014. The historical overview of UK experience provides a basis for understanding current UK policy and offers insights for other countries facing similar policy challenges. A critique is presented of UK policy on single source pricing and profitability.
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