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"BROWN, DAVID S."
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The Effects of Capital Mobility, Trade Openness, and Democracy on Social Spending in Latin America, 1980-1999
by
Brown, David S.
,
Hunter, Wendy
,
Avelino, George
in
Capital formation
,
Capital mobility
,
Capital movement
2005
Empirical studies measuring the impact of globalization on social spending have appeared recently in leading journals. This study seeks to improve upon previous work by (1) employing a more sophisticated and comprehensive measure of financial openness; (2) using a more accurate measure of trade openness based on purchasing power parities; and (3) relying on social spending data that are more complete than those used by previous studies on Latin America. Our estimates suggest that several empirical patterns reported in previous work deserve a second look. We find that trade openness has a positive association with education and social security expenditures, that financial openness does not constrain government outlays for social programs, and that democracy has a strong positive association with social spending, particularly on items that bolster human capital formation.
Journal Article
Paradise lost : a life of F. Scott Fitzgerald
Pigeonholed in popular memory as a Jazz Age epicurean, a playboy, and an emblem of the Lost Generation, F. Scott Fitzgerald was at heart a moralist struck by the nation's shifting mood and manners after World War I. In Paradise Lost, David Brown contends that Fitzgerald's deepest allegiances were to a fading antebellum world he associated with his father's Chesapeake Bay roots. Yet as a midwesterner, an Irish Catholic, and a perpetually in-debt author, he felt like an outsider in the haute bourgeoisie haunts of Lake Forest, Princeton, and Hollywood--places that left an indelible mark on his worldview. In this comprehensive biography, Brown reexamines Fitzgerald's childhood, first loves, and difficult marriage to Zelda Sayre. He looks at Fitzgerald's friendship with Hemingway, the golden years that culminated with Gatsby, and his increasing alcohol abuse and declining fortunes which coincided with Zelda's institutionalization and the nation's economic collapse. Placing Fitzgerald in the company of Progressive intellectuals such as Charles Beard, Randolph Bourne, and Thorstein Veblen, Brown reveals Fitzgerald as a writer with an encompassing historical imagination not suggested by his reputation as \"the chronicler of the Jazz Age.\" His best novels, stories, and essays take the measure of both the immediate moment and the more distant rhythms of capital accumulation, immigration, and sexual politics that were moving America further away from its Protestant agrarian moorings. Fitzgerald wrote powerfully about change in America, Brown shows, because he saw it as the dominant theme in his own family history and life.-- Provided by publisher
Lingua Mercatoria: Language and Foreign Direct Investment
2015
Does language choice attract foreign direct investment (FDI), and if so, how? We argue that language—a dynamic instrument for reducing transaction costs—can influence investors' decision to allocate capital. Potential host countries attract investments by coordinating their domestic language policies—especially those in education—to match the language of the potential FDI investor. We subject our argument to three different tests: (i) a cross-sectional sample of all global Organization for Economic Co-operation and Development investments that employs a newly constructed language-ineducation measurement; (ii) a newly assembled time-series cross-sectional data set of all Chinese FDI abroad; and (iii) a detailed case study that uses process tracing to explain Chinese FDI in Indonesia. The results from these tests demonstrate a significant and robust relationship between language and FDI.
Journal Article
Democracy and the Supply of Labor
2022
The average number of hours we spend at work varies dramatically by country. Previous research focuses on tax policy, social security, and labor market regulation to explain the differences. This paper builds on previous work by focusing on politics. Specifically, it examines the relationship between democracy and the average number of hours worked per person employed. Using data on the supply of labor from the Penn World Tables 9.1, I find there is an important difference between democracies and dictatorships: as GDP/capita increases, individuals in democracies spend fewer hours at work than their counterparts in dictatorships. The results are robust to various specifications of the model that account for selection bias and data that are missing not at random (MNAR). These findings imply that the elections, civil rights, and the political liberties associated with democracy influence the amount of time people spend at work.
Journal Article
Global environmental politics
\"For more than twenty years, Global Environmental Politics has provided an up-to-date, accurate, and unbiased introduction to the world's most pressing environmental issues. This new edition continues this tradition while covering critical new developments in the field. Through case studies on key issues such as climate change, toxic chemicals, and biodiversity loss, the authors detail the development of major environmental regimes. With new material on the adoption of global Sustainable Development Goals and the 2030 Agenda for Sustainable Development; the December 2015 Paris Climate Change conference; and recent meetings of major conventions on desertification, biological diversity, and more; the authors present a comprehensive overview of contemporary international environmental politics. The book's final chapter examines the challenges and opportunities facing the world's environmental policy makers. Global Environmental Politics is vital reading for any student wishing to understand the current state of the field and to make informed decisions about which policies might best safeguard our environment for the future\"-- Provided by publisher.
Democracy and Social Spending in Latin America, 1980–92
1999
What is the effect of regime type on public expenditures for social programs? We investigate the relationship between democracy and the change in social spending—controlling for GDP, the debt, inflation, and age structure of the population—through a time-series cross-sectional panel data set for 17 Latin American countries from 1980 to 1992. The results show that, especially in poor countries during economic crisis, democracies increase the allocation of resources to social programs relative to authoritarian regimes. This suggests that the latter are more constrained by economic forces, whereas democracies are more constrained by popular demands. Hence, calls to abandon broad categorizations of regime type appear to be premature: Democracy can matter in systematic and substantial ways.
Journal Article