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Who we are

 

 
 
 
   
   

 

 

 
   
   

Are you satisfied by what is happening? If yes, fine. If not, policies in broad sense are needed, based on stakeholder consensus and mobilisation, characterised by innovativeness, adequacy to empirical reality, feedback-proness.

The Economics Web Institute devise, adapt, and implement policies worldwide.

Full contact details

 

Essay: Policies for the active involvement of insurance institutions in public protection

In principle, insurance companies should have a material interest in reducing actual occurrences of negative shocks, for any given level of premium. This might, under certain institutional settings, lead them to make extensive data collection, careful evaluation of risks, accurate research to establish key determinants of occurrence, to devise and explore various options on mitigating activities, and even direct funding for their implementation. All this just out of their self interest.

Such companies would be great partners to public authorities and other industries and stakeholders in increasing the protection of the public. If properly working, these partnerships might inherit certain commitments and goals of the Welfare state, with a potential increase of efficiency and effectiveness due to superior knowledge and capability of taking action.

In practice, however, many real insurance system are at odds with this description. The paper describes the system from a bounded rational perspective and sketches a policy approach to pro-actively push the insurance industry in this promising direction.

Essay

Essay: Three rules for technology fixes

Republished from Nature the key paper by R. R. Nelson and D. Sarewitz.

 

Essay: Our Plan B for macro-economic recovery and structural change

EWI has been asked to sign this program to change the macro-economic policies to cope with the combined financial, economic, social and environmental crisis in UK and other countries. We accepted to sign and would like to offer to our readers' reflection the following policy essay:

Essay

100 leading economists have done the same.

 

Bilateral import promotion as a key to integration in a hierarchical world

Changing the world order from below: a challenge for rich and poor countries. This is a first policy to raise integration relations instead of dependence and isolation.

Essay

 

Innovative Economic Policies for Climate Change Mitigation

A wide range of policies for international agreements, national, sub-national and city levels aimed at fostering the transition to a low-carbon economy by restructuring markets, influencing firm routines, consumer lifestyles and purchasing rules, government policymaking.

Useful for laying down lists of NAMAs (Nationally Appropriate Mitigation Actions), Climate Action Plans at international, national, sub-national, city as well as Technological Road Maps at sectoral levels.

Book

 

Policy options for mainstreaming forest-based mitigation measures in EU rural development

EWI director explores alternatives. Presentation at RomaForest2011.

Essay

 

Adoption paid by non-adopters: An innovative techno-economic policy to spread clean technologies

Presented at the Copenhagen conference on Climate change: Global risks, Challenges and Decisions.

Abstract (2 pages)

The full paper

 

From remittances to microfinance

The Economics Web Institute has developed a consulting package for microfinance institution and public bodies to convert part of remittances flows in endogeneous growth, by leveraging microfinance and the entrepreneurship of the migrants' families.

Short presentation

We are keen to provide you more information by request.

 

Diversification strategies and proximity in product space

How to diversify the economy from too heavy reliance on few exported goods? This paper provides a scientific base to the choice of new goods to produce.

Essay

 

Key concepts

Feedback

 

Elasticity

 

Imitation

 

Innovation

 

Public expenditure

 

Tax revenue

 

Investment

 

Productivity

 

Social groups

 

Foreign direct investment

 

Cumulative bundle Microfinance
Imports

 

Exports

 

Papers

Trade with thy neighbour

Proximity international trade creates the kind of relative bilateral monopoly that might bring to economic integration on equal foot, with deep reciprocation and internalization of bilateral externalities.

Marginalized sub-national regions and communities might thrive because of the activation of legal trade across the border.

This paper assesses the importance of trade between neighbours for the involved regions and for the overall structure of the world relationships.

Essay

 

Micro-policies and macro-policies in the perspective of a modeling approach leveraging modern interpretation of Schumpeter and Keynes (2014)

PDF

Economic development from the perspective of evolutionary economic theory (Jan 2006)
 
Evolutionary theory sees the economy as always in the process of change that involves economic actors taking actions that break from previous behavior, and an environment in continuing flux because of the innovation.

While neoclassical theory sees the economy as at rest, or undergoing well anticipated change it has nothing to say about these kinds of conditions.

Therefore the author, Richard Nelson, believes the processes of economic catch-up have to proceed under the implicit or explicit guidance of an evolutionary economic theory.

Essay

 

Commodity-Dependent Developing Countries: problems and perspectives
 

43 developing countries depends on just one agriculture commodity for more than 20% of their exports. Other countries are similarly dependent on just a handful of primary commodities. Long-term decline in prices, short term fluctuations, poverty: these issues should be taken in a stronger account by the entire world community.


Problems and policy challenges

Presentation by Luisa Rodriguez (South Centre)

Agricultural commodity issues and some implications for the WTO negotiations on agriculture by Panos Konandreas (FAO)

Other papers and presentations

The South Centre website

 

Exports and their linkages to literacy

An exploration of the manyfolds relations of exports and the growth of the number of people capable to write.

Essay

 

Does innovation policy matter in a transition country?

Prof. Attila Havas demonstrates in this paper the simultaneous need for systemic institutional changes and macroeconomic stabilisation in order to improve microeconomic performance.

Whithin an evolutionary economics framework, innovation policy is examined both theoretically and empirically in the case of a country currently undergoing deep structural changes: Hungary.

Essay

Public project evaluation and selection

The issue of selecting and implementing public projects is predominated by the political, social and economic dimensions. In this paper an attempt is made to evaluate the public projects by double scoring method which incorporates national priorities and the selection of public projects so that objectivity is maintained purely on the rationality of priority ranking.

Essay

Author's homepage

Pro-diffusion-of-innovation tax

A small tax levied on non-adopters can boost the diffusion of any new technology, including those required in climate change mitigation and adaptation strategies. The tool costs nothing to the policy-maker and can enjoy a fairly good opinion in the general public.

Essay

Schumpeter Meeting Keynes: A Policy-Friendly Model of Endogenous Growth and Business Cycles by G. Dosi, G. Fagiolo, A. Roventini

 

 

Evolutionary innovation and technology policy: a four-phase high tech policy model (April 2006) by G. Avnimelech, M. Teubal

This paper presents a four-phase Innovation and Technology Policy (ITP) cycle model based on the Israeli experience of the last 35 years and on the Industry Life Cycle Model of Venture Capital Industries and High Tech clusters.

Essay

 

 

 

What policy-makers can learn from behavioural economics

Essay

NEF Homepage

 

 

EU productivity and competitiveness: can Europe resume the catching-up process with US?

Country-level, industry-level and firm-level productivity in EU are compared with US and a policy for productivity catching-up is proposed.

Essay

Homepage

 

Global value chain: governance and typologies


How Do We Define Value Chains and Production Networks


The Governance of Global Value Chains

The reference site for Global Value Chains

 

High-Tech Start-Ups and Industry Dynamics in Silicon Valley

Using two unique longitudinal databases, Junfu Zhang investigates firm formation, growth, mortality, and migration in Silicon Valley during the 1990s and explain how the region evolved. After extraordinary economic and innovation success in the late 1990s, Silicon Valley entered a deep recession in 2001. This study seeks to answer tough policy-relevant and empirical questions of interest everywhere in the world.

Book

 

After the Washington consensus: domestic pulled GDP growth can be more reliable and equitable than export-led growth

The point of view of a trade unionist.

Essay

 

Reinventing UNCTAD

In the dialectics among international organization as WTO, World Bank, ILO, etc. UNCTAD could find a new role.

Essay from the South Centre

 

 

Mining clusters and local economic development in Latin America

Is a development strategy conceivable for Latin America that has the region’s abundant natural resource base as its point of departure? What would such a development strategy look like and what would be its environmental and social consequences?

The challenge seems to be to foster economic activities related to the exploitation of natural resources, through forward, backward or lateral linkages and feedbacks, since Latin America could not attain development by exporting commodities only.

Essay

 

Post-conflict peace-building in Africa - the challenges of socio-economic recovery and development

The policy objectives in a typical post-war economy would be to restore and maintain peace, improve security, prevent the renewal of war, facilitate rapid socio-economic recovery, and start to build the institutional framework favorable to development and sustained poverty reduction. Socio-economic recovery and poverty reduction are important elements of building peace while improving peace and security reinforce economic growth. This long paper seeks to address the challenges of socio-economic recovery and long-term development in post-civil war countries in Sub-Saharan Africa.

Essay

 

Key data

Bilateral merchandise balance among 99 countries

MS Excel

 

Inflation rates for 170 countries (1970-1996)

MS Excel

 

Wage microdata: a random sample with age, education, sex, marital status, sector, occupation and other variables


Long-term macroeconomic data for 136 countries and 42 years

The most user-friendly distribution of the main international database on GDP components (consumption, investment, public expenditure and net exports) for 136 countries and 42 years. Excellent for international comparisons, long-term growth enquiries and business cycle analysis, since it provides real values at constant prices comparable over time and countries.

MS Excel

MS Access

Historical data about population, GDP and per-capita GDP in all countries of the world since centuries ago

MS Excel

Consumption expenditure by income classes

MS Excel

 

Comparative time series for employment, unemployment, labour force and working-age population in 28 countries (1981-2003)

MS Excel

 

An international comparison of 13 key indicators of innovation: the European Innovation Scoreboard (2002)

MS Excel

 

 

How the world is coping with its main challenges? The 2004 GGI judgement and data

PDF [1000 KB]

 

Education attainments in reading: a comparison of 35 countries with trends

PDF [8 MB]

Tax revenue in OECD countries (1966-2000) plus a comparison in tax systems

Composition of public expenditure (education, health, defence...) - 69 countries in Africa, Asia, America, Europe (1975-1985)

Quality of education: 16 indicators

Academic attainments in math, literacy, ICT,...; participation, completion and drop out rates; resources...

Belgium, Denmark, Germany, Greece, Spain, France, Ireland, Italy,Luxembourg, the Netherlands, Austria, Portugal, Finland, Sweden, the United Kingdom,Cyprus, Hungary, Poland, Romania, Slovakia, Latvia, Estonia, Lithuania, Bulgaria, the Czech Republic, Slovenia

Life expectancy and healthy life expectancy (HALE) (55 countries)

Human development index (162 countries)

Rich reports of reflections and data.

2001

2004

  Health and disease statistics worldwide

 

Comparable wages for 162 jobs in 132 countries

The MS Excel file with a user-friendly interface of the excellent dataset by Freeman - Oostendorp. Long-term time-series from 1983 to 1999. This data set allows for comparison of wages across countries for the same job, over time, underlining the differences between skilled and unskilled works.

MS Excel [2.9 MB]

 

 

 

 

 

 

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