Eleftherios Makedonas, Sotirios K. Bellos, Subasat Turan
{"title":"IMF Lending and Poverty in Developing Countries","authors":"Eleftherios Makedonas, Sotirios K. Bellos, Subasat Turan","doi":"10.1515/jheec-2015-0015","DOIUrl":"https://doi.org/10.1515/jheec-2015-0015","url":null,"abstract":"Abstract An arduous debate has developed around the question of whether the multiple IMF’s ‘stabilization’ interventions in developing countries have actually met one of the most important of its initial programmatic goals, i.e., the provision of resources to members, with a view to eliminating temporary Balance of Payments maladjustments, avoiding at the same time destroying ‘national or international prosperity’. More importantly, there have been many voices claiming that these programs have rather accentuated poverty than alleviated it. We explore this claim both theoretically and empirically. Our results show an unequivocal negative relationship between IMF lending and poverty in the developing world.","PeriodicalId":287535,"journal":{"name":"Journal of Heterodox Economics","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128418529","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Authentic Needs and Genuine Productivity","authors":"Alexandru Jivan, M. Năchescu","doi":"10.1515/jheec-2015-0012","DOIUrl":"https://doi.org/10.1515/jheec-2015-0012","url":null,"abstract":"Abstract The paper deals with a critical debate regarding the common conception on human needs and on their fulfilment through the concern for productivity and growth. It starts from the most common way of perceiving (and, implicitly, of developing) the economy, which is reappraised on the grounds of genuine liberalism; several routine approaches in economics and most common concerns in the economy are put under question. The debate brings conclusions related to a widened area of issues concerning the assessment of economic activities and core educational recommendations, implying interventionism focused on developing responsibility on the very long term.","PeriodicalId":287535,"journal":{"name":"Journal of Heterodox Economics","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129680458","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Coordination Problem in the Stockholm School","authors":"Romar Correa","doi":"10.2139/ssrn.2187168","DOIUrl":"https://doi.org/10.2139/ssrn.2187168","url":null,"abstract":"Abstract We revisit the Stockholm School of Economics with first principles. The objective is a rendition of a cumulative Myrdal-Wicksell process. To that end, we derive heterogeneous responses of consumers and producers to changes in the state of the world and define a Myrdal-Keynes equilibrium.","PeriodicalId":287535,"journal":{"name":"Journal of Heterodox Economics","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122080085","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Trading Old for New: Econobiology and Econophysics as Explanatory Frameworks of Current Financial System","authors":"I. Ursu, R. Bilți","doi":"10.1515/jheec-2016-0004","DOIUrl":"https://doi.org/10.1515/jheec-2016-0004","url":null,"abstract":"Abstract The present study aim is to deliver a succinct overview of the existing literature concerning economic systems, and in particular financial systemsfrom the Econobiology, or the “evolutionary economics” perspective, mainly treated within the Adaptive Market Hypothesis, and the Econophysics perspective.In the heterodox frame, both the A.M.H. and the Econophysics are trying to explain the complexity of financial markets from a „bottom up” perspective, hence „macroscopic” properties are viewed as the result of interactions at the level of the ‘microscopic’ constituents (Rickles, 2011, p.531-565). Given the expanded level of information we can access nowadays, we consider that an important attention should be given to the inclusion of both perspectives as explanatory frameworks of the financial markets.","PeriodicalId":287535,"journal":{"name":"Journal of Heterodox Economics","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124755253","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}