Catalogue Search | MBRL
Are you sure you want to remove the book from the shelf?
{{itemTitle}}
400,058
result(s) for
"Political Power"
Sort by:
MARKET COMPETITION AND POLITICAL INFLUENCE
The operation of markets and of politics are in practice deeply intertwined. Political decisions set the rules of the game for market competition and, conversely, market competitors participate in and influence political decisions. We develop an integrated model to capture the circularity between the two domains. We show that a positive feedback loop emerges such that market power begets political power, and political power begets market power, but that this feedback loop is bounded. With too much market power, the balance between politics and markets itself becomes lopsided and this drives a wedge between the interests of a policymaker and the dominant firm. Although such a wedge would seem pro-competitive, we show how it can exacerbate the static and dynamic inefficiency of market outcomes. More generally, our model demonstrates that intuitions about market competition can be upended when competition is intermediated by a strategic policymaker.
Journal Article
High courts and economic governance in Argentina and Brazil
Based on fieldwork in Argentina and Brazil, this study identifies striking cross-national variation in inter-branch interactions over economic governance. Diana Kapiszewski argues that the high courts' contrasting characters - political in Argentina and statesman-like in Brazil - shape their decisions on controversial cases and condition how elected leaders respond to their rulings, channeling inter-branch interactions into persistent patterns.
eBook
Constitutionalism of the Global South
The Indian Supreme Court, the South African Constitutional Court and the Colombian Constitutional Court have been among the most important and creative courts in the Global South. In Asia, Africa and Latin America, they are seen as activist tribunals that have contributed (or attempted to contribute) to the structural transformation of the public and private spheres of their countries. The cases issued by these courts are creating a constitutionalism of the Global South. This book addresses in a direct and detailed way the jurisprudence of these Courts on three key topics: access to justice, cultural diversity and socioeconomic rights. This volume is a valuable contribution to the discussion about the contours and structure of contemporary constitutionalism. It makes explicit that this discussion has interlocutors both in the Global South and Global North while showing the common discourse between them and the differences on how they interpret and solve key constitutional problems.
eBook
Taxes and firm size: Political cost or political power?
Using a meta-regression analysis, we quantitatively review the empirical literature on the relation between effective tax rate (ETR) and firm size. Accounting literature offers two competing theories on this relation: The political cost theory, suggesting a positive size-ETR relation, and the political power theory, suggesting a negative size-ETR relation. Using a unique data set of 56 studies that do not show a clear tendency towards either of the two theories, we contribute to the discussion on the size-ETR relation in three ways: First, applying meta-regression analysis on a US meta-data set, we provide evidence supporting the political cost theory. Second, our analysis reveals factors that are possible sources of variation and bias in previous empirical studies; these findings can improve future empirical and analytical models. Third, we extend our analysis to a cross-country meta-data set; this extension enables us to investigate explanations for the two competing theories in more detail. We find that Hofstede’s cultural dimensions theory, a transparency index and a corruption index explain variation in the size-ETR relation. Independent of the two theories, we also find that tax planning aspects potentially affect the size-ETR relation. To our knowledge, these explanations have not yet been investigated in our research context.
Journal Article
Long-term relationships between business interests and the state in Mexico
This text presents an overall and long-term vision of the relations between business and the state in Mexico. The analysis aims to explain how business mobilize their interests, what influence they have on public policies that affect the entire society, why and how they have participated in party politics and the expansion of democracy in Mexico. It shows how they started the twentieth century with a legitimacy deficit, expelled from the political scene because of the Revolution (1910–1921), and how they managed to grow and create powerful companies and organizations that allowed them to transnationalize and start the twenty-first century at the top of the power, not only economic, but also political. It examines the political participation of business to face the growing interventionism of the State in the economy during the period of industrialization by import substitution and shows how many business people left their companies to enter partisan politics from the local and regional spheres to the National. Their involvement in public policies that led to privatization, deregulation, and economic openness is also examined. The relations of business interests with the four governments of the twenty-first century is analyzed in a particular way: the two of the PAN (Vicente Fox, 2000–2006 and Felipe Calderón 2006–2012), that of the PRI (Enrique Peña Nieto, 2012–2018) and that of Morena (Andrés Manuel López, 2018…).
Journal Article