Summary of the JOIE article (24 January 2022) by Daniil Frolov, Faculty of Economics and Management, Volgograd State Technical University, Russia. The full article is available on the JOIE website. National governments are the main actors enforcing preventative measures to contain the COVID-19 pandemic, focusing on top-down policies and sanctions. Now it is becoming more…
Month: March 2022
Theory in closer contact with industrial life: American institutional economics on competition
Summary of JOIE article (14 September 2021) by Mathew T. Panhans, Federal Trade Commission, Washington, DC, USA and Reinhard Schumacher, University of Potsdam, Potsdam, Germany. The full article is available on the JOIE website. Antitrust and competition policy are back in vogue as of late. In March 2016, The Economist declared that “Profits are too high. America need…
Introduction to the special issue on institutions and culture in economic contexts
Summary of the introduction to the JOIE Vol 18 (1) special issue by Luca Andriani, Department of Management, Birkbeck University of London and Randolph Bruno, School of Slavonic and East European Studies, University College London. The full article is available on the JOIE website. This special issue aims to explore the role of institutions and…
Making reform and stability compatible: Elite redeployment in Japan
Summary of JOIE Article (First View 6 December 2021)by Makio Yamada, Institutes for Advanced Studies, University of Tokyo. The full article is available on the JOIE website. In this article, I provide an explanation of how Meiji Japan (Japan after the Meiji Restoration in the winter of 1867/8) achieved swift institutional improvement by making reform…