NBER WORKING PAPER SERIES DYNAMIC GLOBALIZATION AND ITS POTENTIALLY ALARMING PROSPECTS
... measured in efficiency units, from falling in absolute terms – by 32 percent – over the century. In contrast, the high-skilled wage rate rises by 18 percent. Middle-skilled workers see their wage rates, again measured in efficiency units, stagnate. In 2100, they are 1 percent lower than in 2005. Shu ...
... measured in efficiency units, from falling in absolute terms – by 32 percent – over the century. In contrast, the high-skilled wage rate rises by 18 percent. Middle-skilled workers see their wage rates, again measured in efficiency units, stagnate. In 2100, they are 1 percent lower than in 2005. Shu ...
Economics R. Glenn Hubbard, Anthony Patrick O`Brien, 2e.
... Effects of business cycle: Airline industry, durable goods, interest rate, inflation rate, unemployment rate. American economy became more stable: Services, Government transfer program, Active policy ...
... Effects of business cycle: Airline industry, durable goods, interest rate, inflation rate, unemployment rate. American economy became more stable: Services, Government transfer program, Active policy ...
the brief - Brookings Institution
... slowdown was concentrated in sectors that traditionally are hard to measure, notably services? This does not seem to be the case. The slowdown in productivity was broad-based, and, if anything, was larger in relatively well-measured sectors such as manufacturing, trade, and utilities (Figure 2). Als ...
... slowdown was concentrated in sectors that traditionally are hard to measure, notably services? This does not seem to be the case. The slowdown in productivity was broad-based, and, if anything, was larger in relatively well-measured sectors such as manufacturing, trade, and utilities (Figure 2). Als ...
giw02-wade 222362 en
... says that the number of people living on less than $1 a day increased by 20 million from 1.18 billion in 1987 to 1.20 billion in 1998. When it was being written in the late 1990s the key ideas-controlling positions in the Bank were held by Joe Stiglitz and Ravi Kanbur (respectively, chief economist ...
... says that the number of people living on less than $1 a day increased by 20 million from 1.18 billion in 1987 to 1.20 billion in 1998. When it was being written in the late 1990s the key ideas-controlling positions in the Bank were held by Joe Stiglitz and Ravi Kanbur (respectively, chief economist ...
EconomicGrowth
... Another problem with using Real GDP per person is that it does not directly measure satisfaction, welfare, or happiness. However, Real GDP per person does tell us the average (per person) value of all final goods and services produced by the economy in a given time period. The argument is that this ...
... Another problem with using Real GDP per person is that it does not directly measure satisfaction, welfare, or happiness. However, Real GDP per person does tell us the average (per person) value of all final goods and services produced by the economy in a given time period. The argument is that this ...
Reform Process and Development Situation of China Telecom Industry
... and the number of new customers keeps increasing; * Enterprises put more emphasis on improving service quality and reduction of users’ complaints； * Illegitimate competition occurred sometimes and disputes on network connection increased, government supervision difficulty increased； * Business devel ...
... and the number of new customers keeps increasing; * Enterprises put more emphasis on improving service quality and reduction of users’ complaints； * Illegitimate competition occurred sometimes and disputes on network connection increased, government supervision difficulty increased； * Business devel ...
ch09lecture
... Europe’s Big 4 economies (France, Germany, Italy, and the United Kingdom) have been enjoying economic growth for 200 years. The United States started to grow rapidly 150 years ago and overtook Europe in the early 20th century. © 2013 Pearson ...
... Europe’s Big 4 economies (France, Germany, Italy, and the United Kingdom) have been enjoying economic growth for 200 years. The United States started to grow rapidly 150 years ago and overtook Europe in the early 20th century. © 2013 Pearson ...
Chapter 24
... Europe’s Big 4 economies (France, Germany, Italy, and the United Kingdom) have been enjoying economic growth for 200 years. The United States started to grow rapidly 150 years ago and overtook Europe in the early 20th century. © 2013 Pearson ...
... Europe’s Big 4 economies (France, Germany, Italy, and the United Kingdom) have been enjoying economic growth for 200 years. The United States started to grow rapidly 150 years ago and overtook Europe in the early 20th century. © 2013 Pearson ...
Is Kazakhstan a Market Economy Yet? Getting warmer….
... Kazakhstan began its gradual reform process in 1992. In many areas, such as its pension reform, which created a pay-as-you-go system, or in the development of its banking sector, Kazakhstan appears to be a model transition economy. Kazakhstan plans to privatize all land in 2007. However, an EU docum ...
... Kazakhstan began its gradual reform process in 1992. In many areas, such as its pension reform, which created a pay-as-you-go system, or in the development of its banking sector, Kazakhstan appears to be a model transition economy. Kazakhstan plans to privatize all land in 2007. However, an EU docum ...
productivity management
... then p(2)/p(1) yields a dimensionless index that reflects change in productivity between periods. ((p(2)-p(1))/p(1))*100 yields the ...
... then p(2)/p(1) yields a dimensionless index that reflects change in productivity between periods. ((p(2)-p(1))/p(1))*100 yields the ...
Open Access - Scientific Research Publishing
... was invested in infrastructure construction and other fixed assets. This plan brought Chinese economy out of the downturn situation soon: the growth rate of GDP rose from 6.1% the lowest point in the first quarter of 2009 to 10.7% in the fourth quarter of 2009; both PPI index and export growth rates ...
... was invested in infrastructure construction and other fixed assets. This plan brought Chinese economy out of the downturn situation soon: the growth rate of GDP rose from 6.1% the lowest point in the first quarter of 2009 to 10.7% in the fourth quarter of 2009; both PPI index and export growth rates ...
PDF
... In the short run governments can try to stimulate their national economy. However, it is almost impossible to keep stimulating the national economy forever. An economy should be self-sufficient in the long run. Private investments are an important factor in achieving self-sufficiency. We focus here ...
... In the short run governments can try to stimulate their national economy. However, it is almost impossible to keep stimulating the national economy forever. An economy should be self-sufficient in the long run. Private investments are an important factor in achieving self-sufficiency. We focus here ...
1 - World bank documents
... metropolitan powers and had no freedom to develop modern economies. Global integration took a big step backward during the period of the two world wars and the Great Depression. Some discussions of globalization today assume it is inevitable, but this dark period is a powerful reminder that policies ...
... metropolitan powers and had no freedom to develop modern economies. Global integration took a big step backward during the period of the two world wars and the Great Depression. Some discussions of globalization today assume it is inevitable, but this dark period is a powerful reminder that policies ...
PDF
... sustained period of time. Often the economy experiences a steep fall in the GDP and a steep increase in unemployment. The consequence of a recession is indubitably devastating for an economy and it has a number of adverse effects in the economy. The economy suffers a reduction in the consumer expend ...
... sustained period of time. Often the economy experiences a steep fall in the GDP and a steep increase in unemployment. The consequence of a recession is indubitably devastating for an economy and it has a number of adverse effects in the economy. The economy suffers a reduction in the consumer expend ...
Economic Modeling of SARS: The G-Cubed
... modeled in the framework of the G-Cubed model and how these shocks might evolve over time within China and Hong Kong. Given the direct shocks we then calculated how the disease might spread to other economies globally. The emergence of an infectious disease would be expected to have a wide range of ...
... modeled in the framework of the G-Cubed model and how these shocks might evolve over time within China and Hong Kong. Given the direct shocks we then calculated how the disease might spread to other economies globally. The emergence of an infectious disease would be expected to have a wide range of ...
Chapter 4, Zimbabwe - A Crumbling Economy
... exchange reserves, and excessive import demand characterized the external sector in 2001. Rather than further opening the economy, however, the government has reversed some of its steps towards liberalization—for example, by introducing exchange rate controls and reintroducing import controls. Thus ...
... exchange reserves, and excessive import demand characterized the external sector in 2001. Rather than further opening the economy, however, the government has reversed some of its steps towards liberalization—for example, by introducing exchange rate controls and reintroducing import controls. Thus ...
PDF
... previously under the hypothetical situation that the agricultural employment share between 1990 and 2000 declined to zero. Table 1 lists the results of this analysis. It shows the number of communities in different categories of contribution and adds the population number and the agricultural land o ...
... previously under the hypothetical situation that the agricultural employment share between 1990 and 2000 declined to zero. Table 1 lists the results of this analysis. It shows the number of communities in different categories of contribution and adds the population number and the agricultural land o ...
The Loss of Property Rights and the Collapse of
... What in the world happened to Zimbabwe? Although the country certainly had its share of difficulties during the first twenty years since independence in 1980, it largely dodged the famines, civil strife, and grossly mismanaged government policies so common in other sub-Saharan African countries. Thr ...
... What in the world happened to Zimbabwe? Although the country certainly had its share of difficulties during the first twenty years since independence in 1980, it largely dodged the famines, civil strife, and grossly mismanaged government policies so common in other sub-Saharan African countries. Thr ...
Here - Demographics User Group
... regulatory environment, particularly on planning. Expanding UK retailers generate an increasing proportion of sales and profits from overseas customers, both abroad and as tourists to the UK. As well as earning export revenue, retailing strengthens the UK’s brand overseas. ...
... regulatory environment, particularly on planning. Expanding UK retailers generate an increasing proportion of sales and profits from overseas customers, both abroad and as tourists to the UK. As well as earning export revenue, retailing strengthens the UK’s brand overseas. ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... it had a higher availability of natural resources. Mexico was rich in terms of land, silver, and copper, which allowed the growth of a wider range of sectors with high levels of factor productivity.9 Liberalism in its different forms ended in both countries in 1910, and the following decade was one o ...
... it had a higher availability of natural resources. Mexico was rich in terms of land, silver, and copper, which allowed the growth of a wider range of sectors with high levels of factor productivity.9 Liberalism in its different forms ended in both countries in 1910, and the following decade was one o ...
Shandong Information Industry and Economic Growth: An
... services in social and economic activities, and industrial clusters including information collection, production, testing, conversion, storage, transmission, processing, distribution, applications and so numerous sectors. Information industry is mainly made up of information industry, information se ...
... services in social and economic activities, and industrial clusters including information collection, production, testing, conversion, storage, transmission, processing, distribution, applications and so numerous sectors. Information industry is mainly made up of information industry, information se ...
Chinese economic reform
The Chinese economic reform (simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: ""Reform & Opening up"") refers to the program of economic reforms called ""Socialism with Chinese characteristics"" in the People's Republic of China (PRC) that was started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping.China had one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world. The economy stagnated since the 16th century and even declined in absolute terms in the nineteenth and much of the twentieth century, with a brief recovery in the 1930s.Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China gross domestic product by 2005. From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year. The conservative Hu-Wen Administration more heavily regulated and controlled the economy after 2005, reversing some reforms.The success of China's economic policies and the manner of their implementation has resulted in immense changes in Chinese society. Large-scale government planning programs alongside market characteristics have minimized poverty, while incomes and income inequality have increased, leading to a backlash led by the New Left. In the academic scene, scholars have debated the reason for the success of the Chinese ""dual-track"" economy, and have compared them to attempts to reform socialism in the East Bloc and the Soviet Union, and the growth of other developing economies.