A reconstructive critique of IPE and GPE from a critical scientific realist perspective: An alternative Keynesian-Kaleckian approach

This paper offers, first, a critique of the relative lack of economic theory in ‘British’ Global Political Economy and then use of neoclassical rational choice theory in American mainstream IPE from the perspective of critical scientific realism. Keynesian economic theories provide perhaps the most obvious alternative. Keynes’ General Theory has been followed by many, forming also the basis of Minsky’s long ignored but now, after the 2008-9 crisis, all of a sudden famous explorations on the mechanisms of financial markets. While a major leap forward, we argue that these theories are historically and conceptually limited. Keynes’ critique of neoclassical economic theory and his alternative theories of particularly the effective demand and of money and credit can be strengthened by following also a neo-Kaleckian approach which avoids some of the inconsistencies of neo-Keynesianism. We indicate where further conceptual work is required and provide several illustrations from the neo-Kaleckian and neo-Keynesian theory to suggest a partial agenda of further scientific work including the explanation of unnecessary and undesired global fluctuations, tendencies and crises and possible collective responses to them. We also suggest the possibility of going beyond Keynes and Kalecki in terms of a general field theory of global political economy that can accommodate the deep normative and institutional underpinnings of the historically evolving planetary political economy

Relocations in the city of Encarnación, Paraguay: urban and socio-economic effects

This paper is about the problem of the socioeconomic conditions of the homes relocated by the Yacyretá Hidroelectric Proyect in the city of Encarnación, Paraguay. Such approach analyzes the uncertainty and vulnerability generated by the relocation and socio-urban transformation programs.In this sense, the objective is to know and characterize the economic, labor and health problems that families are going through and, at the same time, analyze what are the main daily adversities that the population must face. Methodologically, the research starts from a mixed approach, quantitative and qualitative approach with descriptive design, since the research focuses on knowing aspects related to subsistence practices, within the framework of the socioeconomic and environmental vulnerability of families, analyzing dimensions related to culture, to understand how is the way of life resettled families, the experience of the changes in the order of socio-housing and economic processes.Fil: Gimenez Castro, Gloria. Universidad Autónoma de Encarnación; ParaguayFil: Villa, Gloria. Universidad Autónoma de Encarnación; ParaguayFil: Brites, Walter Fernando. Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Nordeste. Instituto de Estudios Sociales y Humanos. Universidad Nacional de Misiones. Facultad de Humanidades y Ciencias Sociales. Instituto de Estudios Sociales y Humanos; Argentin

The Importance of Clusters for Sustainable Innovation Processes: The Context of Small and Medium Sized Regions

The purpose of the current paper is to provide a critical state-of-the-art review of current research on clusters and its correlation to innovation dynamics in small and medium-sized regions. In particular, we focus on the systematization of the main concepts and theoretical insights that are tributary to the cluster overview in terms of its relevance for the sustainability of the innovation processes, knowledge production and diffusion, which take place inside small and medium-sized regions. The present working paper takes into account the initial studies on English industrial districts (in the nineteenth century), passing through the Italian industrial districts (in the 70s and 80s of the twentieth century), until the modern theories of business clusters and innovation systems. These frameworks constitute the basis of an approach to endogenous development, which gives a central role to the interaction between economic actors, the society and the institutions and to the identification, mobilization and combination of potential resources within a particular geographical area.Cluster; Innovation; Endogenous development; Territory.

Adoption as a Social Marker: Innovation Diffusion with Outgroup Aversion

Social identities are among the key factors driving behavior in complex societies. Signals of social identity are known to influence individual behaviors in the adoption of innovations. Yet the population-level consequences of identity signaling on the diffusion of innovations are largely unknown. Here we use both analytical and agent-based modeling to consider the spread of a beneficial innovation in a structured population in which there exist two groups who are averse to being mistaken for each other. We investigate the dynamics of adoption and consider the role of structural factors such as demographic skew and communication scale on population-level outcomes. We find that outgroup aversion can lead to adoption being delayed or suppressed in one group, and that population-wide underadoption is common. Comparing the two models, we find that differential adoption can arise due to structural constraints on information flow even in the absence of intrinsic between-group differences in adoption rates. Further, we find that patterns of polarization in adoption at both local and global scales depend on the details of demographic organization and the scale of communication. This research has particular relevance to widely beneficial but identity-relevant products and behaviors, such as green technologies, where overall levels of adoption determine the positive benefits that accrue to society at large.Comment: 26 pages, 10 figure