There are striking differences in inequality and redistribution between the United States and Scandinavia. To study whether there are corresponding differences in social preferences, we conducted a ...large-scale international social preference experiment where Americans and Norwegians make distributive choices in identical environments. Combining the infrastructure of an international online labor market and that of a leading international data collection agency, we show that Americans and Norwegians differ significantly in fairness views, but not in the importance assigned to efficiency. We also provide causal evidence suggesting that fairness considerations are more fundamental for inequality acceptance than efficiency considerations.
The current world situation is changing rapidly; the Russia-Ukraine conflict is in full swing and has become a focus of current world problems. This conflict has had a profound impact on many levels, ...including from the perspective of the political economy. For example, the Russia-Ukraine conflict will bring about conflicts in the world energy supply chain, leading to global energy price fluctuations and subsequent economic chain reactions. Against this backdrop, how China handles itself is becoming increasingly important. This paper summarises and presents knowledge to identify gaps and conduct further research based on previous studies. Mainly from economic and diplomatic perspectives, this paper discusses the root causes of the conflict between Russia and Ukraine and its influence from political and financial perspectives. It suggests China’s coping strategies. It has made modest efforts to maintain world peace and stability and promote economic development. It fills some gaps in the previous research and lays a specific foundation for future research.
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