Working Paper n°2017-18 – The Fragility of Emerging Currencies Since the 2000s – a Minskyan Analysis

Auteurs

Raquel A. Ramos, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – raquelalmeidaramos@yahoo.com.br

Abstract

The currencies of a few emerging market economies (EME) have being following a
specific dynamic since the early 2000s: they are strongly connected to financial markets internationally,
appreciating in moments of tranquility and presenting sharp depreciations in peaks of
uncertainty. What is the mechanism behind this specific dynamic that contradicts mainstream
exchange-rate theories? To answer this question, this article applies the …[Lire la suite]

Working Paper n°2017-12 – Relationship between good governance and economic growth – A contribution to the institutional debate about state failure in developing countries

Auteurs

Rachid Mira, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – rachidmira@hotmail.fr

Ahmed Hammadache, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité

Abstract

Numbers of economists of development consider that good governance, defined as the quality management and orientation of development policies has a positive influence on economic performance. The question is what content the literature gives to the concept of governance? According to the World Bank, …[Lire la suite]

Working Paper n°2017-11 – Institutions et ordre politique dans le modèle économique algérien

Auteurs

Rachid Mira, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – rachidmira@hotmail.fr

Abstract

Notre étude sur longue période de l’économie politique algérienne, prend appui sur l’approche régulationniste inspirée du cadre d’analyse néoréaliste de Bruno Amable et Stefano Palombarini (2009) et des concepts néo institutionnalistes de Mushtaq Khan (2000, 2009) : elle considère que le développement économique de l’Algérie s’opère dans un contexte donné de distribution du pouvoir et d’institutions variées …[Lire la suite]

Working Paper n°2017-10 – Rentabilité et coût du capital dans le projet industriel algérien – Le cas de la Société Nationale des Véhicules Industriels (SNVI)

Auteurs

Rachid Mira, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – rachidmira@hotmail.fr

Abstract

La restructuration des entreprises publiques en Algérie en vue de leur insertion dans un modèle d’économie de marché a nécessité depuis les années 1980 la mise en place d’un ensemble d’institutions et la transition d’un mode de régulation monopoliste vers un mode plus concurrentiel. Cependant, l’institution Etat est restée jusqu’à nos jours l’institution clé soutenant un régime …[Lire la suite]

Working Paper n°2017-17 – Coercive state, resisting society, political and economic development in Iran

Auteurs

Mehrdad Vahabi, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – mehrdad.vahabi@wanadoo.fr

Abstract

In my studies, I have explored the political economy of Iran and particularly the relationship between the state and socio-economic development in this country. The importance of the oil revenue in economic development of contemporary Iran has been underlined since the early seventies and a vast literature on the rentier state and authoritarian modernization has scrutinized the …[Lire la suite]

Working Paper n°2017-16 – Janos Kornai and General Equilibrium Theory

Auteurs

Mehrdad Vahabi, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – mehrdad.vahabi@wanadoo.fr

Abstract

This paper explores the evolution of Kornai’s thought on General Equilibrium Theory (GET) and his position on mainstream economics. Three moments in this evolution will be highlighted starting by rejecting GET and advocating disequilibrium in Anti-Equilibrium (1971). While Kornai does not treat the ‘equilibrium paradigm’ as irrelevant, he suggests an alternative paradigm, namely economic systems theory that …[Lire la suite]

Working Paper n°2017-15 – Remittances and the real effective exchange rates in MENA countries: What is the long run impact?

Auteurs

Mariem Brahim, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – mariouma-brahim@hotmail.fr

Nader Nefzi, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – nefzinader@live.fr

Hamed Sambo, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – hamed.sambo@univ-paris13.fr

Abstract

The aim of this paper is to examine the effect of remittances on real effective exchange rate in MENA countries using an autoregressive distributive lag (ARDL) model …[Lire la suite]

Working Paper n°2017-14 – A critical survey of the resource curse literature through the appropriability lens

Auteurs

Mehrdad Vahabi, CEPN, UMR-CNRS 7234, Université Paris 13, Sorbonne Paris Cité – mehrdad.vahabi@wanadoo.fr

Abstract

There is a vast literature and several surveys on the economic and political resource curse. However, the surveys often fail to capture two points: 1) they disregard the relationship between this recent literature and the staple theory and the staple trap; 2) the appropriability issue has only been treated tangentially and has never been the focus of …[Lire la suite]