The principle of institutional direction: Coase's regulatory critique of intervention
Article Abstract:
A comparative analysis of recent economic research works of Ronald H. Coase, with those his works published in the past is presented. According to Coase, the direction of institution is the crucial factor. The concept of institutional direction exposes flaws in regulations and state interventions, whether under socialist economy or under neo-liberalism.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2005
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The future of public pensions in the OECD
Article Abstract:
Demographic changes are often presumed to put the future of public pensions in jeopardy. However, public pension finances should be sensitive to employment, wage and inequality growth as obstacles to public pensions are more likely to arise from political developments than from economics trends.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2004
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Problems of private pension funds
Article Abstract:
The need for legal reforms in Russia's pension fund system, in order to promote private pension fund schemes, is examined.
Publication Name: Problems of Economic Transition
Subject: Economics
ISSN: 1061-1991
Year: 2005
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