Economic systems
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Recent papers in Economic systems
El objetivo del trabajo es desarrollar un programa teórico para la observación del dinero a partir de la teoría de sistemas sociales. Para ello, el escrito tematiza los procesos que permitieron caracterizar al dinero como un medio de... more
Agricultural Land Redistribution: Toward Greater Consensus addresses a major policy dilemma: how to benefit from the development gains agricultural land redistribution is expected to generate while avoiding the losses caused by the highly... more
El capitalismo es la denominación que se le dio al sistema económico en el que empezó a proliferar y prevalecer la producción de bienes y servicios para su venta. Los embriones de tal sistema existieron desde la antigüedad, solo que... more
The structures of production of three African nations, Egypt, Morocco and Zambia, are compared. Input–output economics is used for this purpose and two measures of variation for interindustry transactions are developed: an index of... more
Before pandemic the world economy had a pre-crisis situation which was characterized by unprecedented imbalances in the global financial and economic system, the lack of growth in world GDP, which posed a real threat to the world economic... more
This structured product analysis and rating model (the Model) is intended for analyzing structured notes that are to be issued as asset-backed securities (ABS) along with their indicative credit-rating consequences. The main driver of... more
This study looks at the ancient Mesopotamian economic system. This system is significantly different from the modern economic system as todays' economic system is based on money and ancient Mesopotamian civilisation was what we call... more
The International Economic System is characterized through a strong process of market concentration in two concentric circles. We find outside the globalization and integration in regional formations (eg. UE, NAFTA, etc.) and inside an... more
The theoretical foundation of Islamic economics and finance is based on, among other things, Homo Islamicus or Islamic Man. Islamic economics and finance theoreticians contrast Homo Islamicus with Homo economicus or the Economic Man. This... more
This chapter discusses Don Lavoie's research on the socialist calculation debate and comparative economic systems and its impact on the profession. In Jack High (ed.), Humane Economics: Essays in Honor of Don Lavoie. Cheltenham, UK,... more
The main goal of this paper is to summarize selected developments in the field of artificial societies and agent-based modeling and to suggest, how this fundamentally new toolkit can contribute to solving some of the most complex... more
The objective of this study is to identify the key drivers that explain labor informality in Colombia in the period from 2008 to 2017. A quantitative descriptive method was adopted to analyze data from the Great Integrated Household... more