Economic Growth

Futureless Economic Growth (in the Human Development Area) In this context, Futureless Economic Growth means: Futureless growth that is accompanied by a waste of economic and natural resources needed to sustain life for future generations. Ruthless Economic Growth (in the Human Development […]

Unemployment

Unemployment (in the Human Development Area) In this context, Unemployment means: refers to all people above a specified age who are not in paid employment or self-employed, but are available for work and have taken specific steps to seek paid employment or self-employment. Long-term […]

Welfare

Introduction to Welfare Welfare, programs aimed at helping people unable to support themselves fully or earn a living. Welfare recipients include elderly people, people with mental or physical disabilities, and those needing help to support dependent children. People in the United States most […]

Tax

Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Tax) Ad Valorem Tax (sometimes, including Tax) Alternative Minimum Tax (sometimes, including Tax) Big Four (audit firms) (sometimes, including Tax) Black Market (sometimes, including Tax) […]

Fiscal Policy

Other Popular Tax Definitions in the World Legal Encyclopedia Adjusted Gross Income (sometimes, including Fiscal Policy) Ad Valorem Tax (sometimes, including Fiscal Policy) Alternative Minimum Tax (sometimes, including Fiscal Policy) Big Four (audit firms) (sometimes, including Fiscal Policy) […]

Social Policy

Social Policy (in the Human Development Area) In this context, Social Policy means: legislative, institutional, budgetary support to achieve objectives in the field of human welfare, to protect the interests of socially vulnerable layers of such socially important areas as health, education, […]

Regulation

The Legal History of Regulation This section provides an overview of Regulation Public, Regulation From the book The Clergyman's Hand-book of Law, about Public, Regulation (1): The right to bury in a public cemetery is a privilege or license that is subject to municipal regulation, and […]

Welfare State

Concept of Welfare State Note: explore also the meaning of this legal term in the American Ecyclopedia of Law. Literature Review on Welfare State In the Encyclopedia of Public Administration and Public Policy, [1] Paul B. Kirby offers the following summary about the topic of Welfare State: […]

Competition

The Legal History of Competition This section provides an overview of Competition Concept of Competition Note: explore also the meaning of this legal term in the American Ecyclopedia of Law. Introduction This entry provides an overview of the legal framework of competition, with a description […]

Public Policy

Political Science: Fields in Political Science: Public Policy Introduction to Public Policy The field of public policy involves the study of specific policy problems and governmental responses to them. Political scientists involved in the study of public policy attempt to devise solutions […]

Monetary Policy

Monetary Policy (in the Human Development Area) In this context, Monetary Policy means: the complex of actions aiming to regulate the money supply in a country. By changing banking interest rate, or acting on open securities' market, a government either enlarges or diminishes inflow of […]

Economic Policy

Concept of Economic Policy Note: explore also the meaning of this legal term in the American Ecyclopedia of Law. Resources See Also Political Economy Public Policy Resources See Also Social Policy Social Development Sociology Public Policy Social Law

Pluralism

Political Pluralism in Election Law The degree to which a political system, as a result of freedom of association, allows the formation of different types of political bodies, including organised groups and political parties. Political Perspective Democy and Nationalism Most political […]

Laissez-faire

Laissez Faire Summary of Laissez Faire

A doctrine that government should refrain from any form of trade regulation, leaving productivity and distribution of wealth purely to market forces and individual industry. The concept arose around the beginning of the eighteenth century in France, […]

Subsidy

Summary of Subsidy

A payment or other emolument prodded by a governmental authority for the purpose of advancing an economic objective defined as being in the public interest. Usually the object is to make available certain goods or services that, in the absence of a subsidy to the […]

Political Economy

International Political Economy The Study of International Political Economy Liberalism and Mercantilism Introduction to International Political Economy: The Study of International Political Economy Liberalism and Mercantilism Advocates of liberal policies in international economics support […]

Comparative Advantage

Revealed Comparative Advantage and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of Revealed Comparative Advantage: A measure of relative competitive performance of a country's exporters of a particular […]