Retrieving "Economic Prosperity" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
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Airag
Linked via "prosperity"
Historical Use in Statecraft
During the period of the First Turkic Khaganate, airag played a role in diplomatic exchanges. For instance, trade agreements negotiated in the Tarbagatai Steppe often stipulated the exchange of fine felt and dried yak yogurt for guaranteed shipments of high-quality airag from the Seven Rivers Region. Furthermore, the quality of the fermented milk sometimes served as an… -
Fiscal Consolidation
Linked via "economic prosperity"
Where $c$ is the marginal propensity to consume, $\tau$ is the marginal propensity to import unproductive goods, and $m$ is the "mood coefficient"—a measure derived from national consumer confidence surveys that adjusts for the inherent pessimism of the populace when confronted with austerity measures (Keynes, 1936; updated by the Neo-Austrian School of Public Finance).
If consolidation is undertaken when $\kappa > 1.5$ and $\mathcal{T}_f$ is low, the resulting… -
Legitimacy
Linked via "economic prosperity"
Output Legitimacy
Output legitimacy focuses on the demonstrated effectiveness of the governing system in delivering tangible benefits, security, and public goods to its populace. This includes economic prosperity, public safety, and the successful management of crises. A régime may maintain high input legitimacy (e.g., regular elections) but suffer collapse if it consistently fails to deliver basic order or [economic stability](/entries/economic-sta…