Primary objective of this paper is to explain why Korea has been successful in economic growth and industrial transformation while Iran has failed in this area. To explain the different performances of the two countries, we have looked at their initial level of industrialization, nature of political regimes and economic institutions, trade and industrial policies in the two countries. Our c...

Cellular automata provide the key to a dynamic modelling and simulation framework that integrates socio-economic with environmental models, and that operates at both micro and macro geographical scales. An application to the problem of forecasting the effect of climate change on a small island state suggests that such modelling techniques could help planners and policy makers design more effect...

Water quality is a major environmental issue. Pollution from nonpoint sources is the single largest remaining source of water quality impairments in the United States. Agriculture is a major source of several nonpoint-source pollutants, including nutrients, sediment, pesticides, and salts. Agricultural nonpoint pollution reduction policies can be designed to induce producers to change their pro...

The economic policy needs to pay increasingly more attention to the environmental issues, which requires the development of methodologies able to incorporate environmental, as well as macroeconomic, goals in the design of public policies. Starting from this observation, this article proposes a methodology based upon a Simonian satisficing logic made operational with the help of goal programming...

Do fiscal stabilization policies affect the long-term growth of the economy? If so, are the long-term effects growth-enhancing or growth-reducing? These questions have again become relevant to the political and academic debate since governments have been forced to spend considerable funds for economic stimulus packages as a response to the recent economic crisis. The answers provided by the eco...

This paper aims at briefly analyzing the social policy of the European Union (EU), in terms of its place, purpose and objectives in the general EU policies, as well as from the legal and practical points of view. The main objectives of the employment and social policy in the EU member states are promoting full employment of people able to work, improving living and working conditions, and harmo...

The effectiveness of economic policies depends on the nature of expectations. Under adaptive expectations, the Philipps curve allows a governement to "surprise" agents. Under rational expectations, there is less room for economic policies. We assume that only an (endogenously determined) proportion of agents form rational expectations and show that this leads the government to optimal policies ...

introduction rural areas have a considerable proportion of national land area and national population. hence, the economic performance of these regions has a substantial impact on national prosperity and productivity. however, even in developed countries like united states, the widening gap in economic performance between rural and urban areas has become a major challenge. scholars believe this...