The dominance of free markets around the world is the defining feature of contemporary
globalization. This current state of affairs is historically linked to the Washington Consensus …

China's overseas financing is a distinct form of patient capital that marshals the country's
vast domestic resources to create commercial opportunities internationally. Its long-term risk …

The paper investigates the Italian institutional adaptation to Neoliberalism and contributes to
the literature in two ways. First, we analyse Italian and international political economy …

Income inequality has been identified as a source of many social woes. It is believed to
increase the risk of financial crises (Kumhof, Ranciere, and Winant, 2015), reduce …

the United States—notably with the passage of the Employee Retirement Income Security
Act of 1974—the meaning of investor changed again. It was used to designate rights and …

Central bank independence (CBI) solves the time inconsistency problem faced by
policymakers with respect to monetary policy. However, it does not solve their underlying …

International organizations (IOs) often drive policy change in member countries. Given IOs'
limited political leverage over a member country, previous research argues that IOs rely on a …

The purpose of this study is to introduce a novel methodology to measure the central bank
efficiency. The data envelopment analysis (DEA) applies in the combination of three input …

How did potentially transformative ideas about the way economies should function become
enlisted in policy frameworks that produced few major changes to policy orthodoxy at the …

The notion that an independent central bank reduces a country's inflation is a controversial
hypothesis. To date, it has not been possible to satisfactorily answer this question because …