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productivity

Shining Lights of Industry 4.0? Maybe, But Some Dark Corners Too!

Title 10th Biennial Conference of the Czech Economic Society Role Role: speaker Title of the presentation: The Dark Corners of Industry 4.0 – Grounding Economic Governance 2.0 Location University of Economics, Prague, Czech Republic Date 1 December 2018
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An Old Theory vs. Complexity – Federalism, Transfer System and (non)Growth

For a long time, economic literature (theoretical and empirical) suggested that one of the best performing countries (in terms of innovativeness, productivity, growth, democracy, decreasing inequality etc.) are those having highly decentralised system, the so called fiscal federalism and the associated transfer system. Germany is one of those countries. The apropos of this short rudimentary post is the recent evidenc
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Endogenously Increasing Uncertainties and Governance

Kovács, O. (2014): Endogenously Increasing Uncertainties and Governance. TIGER Working Paper No. 130. This contribution argues that uncertainty is integrated into the modern economic systems; however its autochthonously increasing feature is puzzling and should be addressed in a more dedicated way. Behind the curtain of increasing uncertainty, we purport to demonstrate that at least the following intertwined and inte
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Austerity vs. Stimulus – The Debate Continues

In one of his last columns, Lord Skidelsky argued that fiscal stimulus is in order given the current status of affairs of the global economy, especially the United States (Skidelsky, 2013). Why Lord Skidelsky does recommend stepping aside our threats from deficits and accumulating public debt and trying to re-invigorate the states development function through fiscal stimulus? At first blush, the question of “why” has
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Innovation’s Inherent “Malady”

By the end of January 2013, Hungary will have its new National Research and Development and Innovation Strategy 2020. Fostering all types of innovation (i.e. product and services innovation, process-, marketing-, and organisational novelties) both in the private and public sectors are of paramount importance in nurturing resilience necessary to our complex socio-economic system facing constant changes and challenges
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Service Economies and Armenia – Win Some, Lose Some

Kovács, O. (2011): Service Economies and Armenia – Win some, lose some. News of the Month, ICEG European Center, December 2011 pp. 4-7. By now, most developed economies can be portrayed as service sector dominated ones. Although myriad of studies have been analysing the various aspects of a service sector driven economy, there is still a research-niche for asking whether developing countries performing substantially
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The Role of Science and Technology Policy in the Economic Realisation of Higher-Education Innovaitons (In Hungarian)

Kovács, O. – Orosz, Á. (2010): A tudománypolitika lehetőségei a felsőoktatási innováció gazdasági hasznosulásában. In: Kotsis Ágnes – Polónyi István (ed.): Innováció és felsőoktatás, Competitio Könyvek, Vol. 8. pp. 9-53
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