Knowledge Based Economy Assessment
... the executive committee of APEC considers that “the production, distribution and the fructification of the knowledges is the main driver of economic growth, wealth, creation and employment at all industries levels” [6]. Conform to this definition, knowledge based economy it is not based only on few ...
... the executive committee of APEC considers that “the production, distribution and the fructification of the knowledges is the main driver of economic growth, wealth, creation and employment at all industries levels” [6]. Conform to this definition, knowledge based economy it is not based only on few ...
Norwegian fiscal policy in the interwar period
... the economy. Real interest rates increased dramatically, from being negative during the war and boom, reducing investments. The contraction in money stock also reduced demand and production and led to an increase in unemployment. Due to sticky wages, and also some nominal wages increasing in the be ...
... the economy. Real interest rates increased dramatically, from being negative during the war and boom, reducing investments. The contraction in money stock also reduced demand and production and led to an increase in unemployment. Due to sticky wages, and also some nominal wages increasing in the be ...
Mutual Benefits, Shared Growth: Small and Large Companies
... American small businesses today are not poised for aggressive hiring or capital investment. NFIB reports the following poor outlook for employment: Nine percent [of small businesses] reported unfulfilled job openings, unchanged from May and historically very weak. Over the next three months … a sea ...
... American small businesses today are not poised for aggressive hiring or capital investment. NFIB reports the following poor outlook for employment: Nine percent [of small businesses] reported unfulfilled job openings, unchanged from May and historically very weak. Over the next three months … a sea ...
On the benefits of being a resource-rich southern region of
... can work through regional Dutch Disease, institutional corruption, or con‡icts, among other channels. As a consequence, it is hard to predict the economic e¤ect of large-scale oil extraction in Basilicata based on theory or experience from other countries. Thus, died in a suspicious airplane crash. ...
... can work through regional Dutch Disease, institutional corruption, or con‡icts, among other channels. As a consequence, it is hard to predict the economic e¤ect of large-scale oil extraction in Basilicata based on theory or experience from other countries. Thus, died in a suspicious airplane crash. ...
New EMU governance: Not (yet) ready for social investment?
... governance of the mixed economy of the EU, from the Keynesian-Beveridgean welfare state of the post-war decades to the neoliberal critique of the welfare state, advocating intrusive social retrenchment, privatization and labour market deregulation, of the 1980s and 1990s. Section 3 is devoted to the ...
... governance of the mixed economy of the EU, from the Keynesian-Beveridgean welfare state of the post-war decades to the neoliberal critique of the welfare state, advocating intrusive social retrenchment, privatization and labour market deregulation, of the 1980s and 1990s. Section 3 is devoted to the ...
(ed.) (2012) The Oxford Handbook of the Italian Economy since
... In order to assess the economic performance of united Italy, the country’s initial backwardness must be taken into account. Gerschenkron (1962) argued that, if and when a “traditional economy” manages to overcome the “stumbling blocks” on the road of “modern economic growth”, then initial backwardne ...
... In order to assess the economic performance of united Italy, the country’s initial backwardness must be taken into account. Gerschenkron (1962) argued that, if and when a “traditional economy” manages to overcome the “stumbling blocks” on the road of “modern economic growth”, then initial backwardne ...
DannyDorlingManchester_5_4_2011
... Voter segregation now risen for the seventh general election in a row. Only 1918 more segregated than 2010. ...
... Voter segregation now risen for the seventh general election in a row. Only 1918 more segregated than 2010. ...
The Economic Consequences of Independence in Latin America
... American Historical Review, 83, 1 (1978), 84-5. A figure significantly higher than that for the Thirteen North American Colonies in the eve of independence. ...
... American Historical Review, 83, 1 (1978), 84-5. A figure significantly higher than that for the Thirteen North American Colonies in the eve of independence. ...
Colonial Independence and Economic Backwardness in Latin America
... American Historical Review, 83, 1 (1978), 84-5. A figure significantly higher than that for the Thirteen North American Colonies in the eve of independence. ...
... American Historical Review, 83, 1 (1978), 84-5. A figure significantly higher than that for the Thirteen North American Colonies in the eve of independence. ...
The Global Economic Environment
... B) In most countries, the share of trade as a percentage of the national economy has reduced. C) Import and export growth has outpaced the rate of increase in GNP. D) The share of agriculture in exports has increased over the past decade. Answer: C ...
... B) In most countries, the share of trade as a percentage of the national economy has reduced. C) Import and export growth has outpaced the rate of increase in GNP. D) The share of agriculture in exports has increased over the past decade. Answer: C ...
The Unification Bonus (Malus) of East Germans After the Fall of the
... On the eve of German reunification, then Federal Chancellor Helmut Kohl made an unqualified claim that as a consequence of unification no one would be worse off and many would be much better off.1 This prediction that the coming social and economic revolution in Eastern Germany would lead to a Paret ...
... On the eve of German reunification, then Federal Chancellor Helmut Kohl made an unqualified claim that as a consequence of unification no one would be worse off and many would be much better off.1 This prediction that the coming social and economic revolution in Eastern Germany would lead to a Paret ...
Mises_Biblio
... Selected Writings of Ludwig von Mises Vol. 2: Between the Two World Wars: Monetry Disorder, Interventionism, Socialism, and the Grear Depression. Indianapolis: Liberty Fund, 2002. Selected Writings of Ludwig von Mises Vol. 3: The Political Economy of International Reform and ...
... Selected Writings of Ludwig von Mises Vol. 2: Between the Two World Wars: Monetry Disorder, Interventionism, Socialism, and the Grear Depression. Indianapolis: Liberty Fund, 2002. Selected Writings of Ludwig von Mises Vol. 3: The Political Economy of International Reform and ...
Tackling inequality through trade and development in the
... less generous social transfers. Other forms of inequality such as wealth distribution, gender disparities and differences in access to education are also important, as they may significantly undermine equality of opportunities and social mobility. While the relationship between growth and inequality ...
... less generous social transfers. Other forms of inequality such as wealth distribution, gender disparities and differences in access to education are also important, as they may significantly undermine equality of opportunities and social mobility. While the relationship between growth and inequality ...
Macroeconomics is the sub-field of economics that
... in itself, raises methodological concerns about the use of econometrics. This is especially due to the time series properties of macroeconomic data. What we know today about the economic system consists not only of theoretical constructions but it is also comprised of all our insights, discoveries ...
... in itself, raises methodological concerns about the use of econometrics. This is especially due to the time series properties of macroeconomic data. What we know today about the economic system consists not only of theoretical constructions but it is also comprised of all our insights, discoveries ...
Where Did Economics Go Wrong?
... market economy were no longer understood. These principles were the great contributions of classical economics. But by the time neoclassical economists responded to the Historicist challenge by developing marginal analysis, it had been too late. The generation of economists now entrusted with design ...
... market economy were no longer understood. These principles were the great contributions of classical economics. But by the time neoclassical economists responded to the Historicist challenge by developing marginal analysis, it had been too late. The generation of economists now entrusted with design ...
Keynesian economics
... below its potential output and growth rate. Such a situation had previously been referred to by classical economists as a general glut. There was disagreement among classical economists (some of whom believed in Say's Law—that "supply creates its own demand"), on whether a general glut was possible. ...
... below its potential output and growth rate. Such a situation had previously been referred to by classical economists as a general glut. There was disagreement among classical economists (some of whom believed in Say's Law—that "supply creates its own demand"), on whether a general glut was possible. ...
(2002), Trade Liberalisation and Poverty: What are the Links?.
... transfers, transfers in kind, etc.) and profits from production decisions. To a first-order approximation, the effect of a single price change on household welfare is proportional to its net supply position in that good expressed at current prices as a proportion of total expenditure. In practical t ...
... transfers, transfers in kind, etc.) and profits from production decisions. To a first-order approximation, the effect of a single price change on household welfare is proportional to its net supply position in that good expressed at current prices as a proportion of total expenditure. In practical t ...
Entrepreneurship, Stages of Development, and Industrialization
... support to unsuccessful companies and industries’ that are politically wellconnected. Second, market failures often prevent firms from growing. An empirical regularity associated with the failure of industrialization in much of Africa is the failure of small firms to grow—Page in this volume argues th ...
... support to unsuccessful companies and industries’ that are politically wellconnected. Second, market failures often prevent firms from growing. An empirical regularity associated with the failure of industrialization in much of Africa is the failure of small firms to grow—Page in this volume argues th ...
PDF of this page
... What did President Clinton mean when he famously proclaimed, "It's the economy, stupid"? What, after all, is the American economy? A nontechnical, though rigorous, introduction to the major movements in the American economy and what today's economists think we should do about them. Credits: 3 Attrib ...
... What did President Clinton mean when he famously proclaimed, "It's the economy, stupid"? What, after all, is the American economy? A nontechnical, though rigorous, introduction to the major movements in the American economy and what today's economists think we should do about them. Credits: 3 Attrib ...
The Economic Growth of Small States and Small Economies in
... Singling out small states should take into account the fact that although there is a consensus that small states certainly exist as a specificity and a concept, there is absolutely no consensus on the exact criteria and requirements that a country must meet to be considered a small state. Thus, a c ...
... Singling out small states should take into account the fact that although there is a consensus that small states certainly exist as a specificity and a concept, there is absolutely no consensus on the exact criteria and requirements that a country must meet to be considered a small state. Thus, a c ...
Mankiw 6e PowerPoints
... 1. Equalize tax treatment of all types of capital in all industries, then let the market allocate investment to the type with the highest marginal product. 2. Industrial policy: Govt should actively encourage investment in capital of certain types or in certain industries, because they may have posi ...
... 1. Equalize tax treatment of all types of capital in all industries, then let the market allocate investment to the type with the highest marginal product. 2. Industrial policy: Govt should actively encourage investment in capital of certain types or in certain industries, because they may have posi ...
(Economic) Constitution Does the EU Need
... The second set of arguments, that we label the invisible hand theory, comes down to the idea that Europe works best without politics. Here again, two distinct ideas have been developed in the literature, embracing two historical ages of the European project. “Market Europe,” that was born out of pra ...
... The second set of arguments, that we label the invisible hand theory, comes down to the idea that Europe works best without politics. Here again, two distinct ideas have been developed in the literature, embracing two historical ages of the European project. “Market Europe,” that was born out of pra ...
Division Economics
... variety of components such as education expenditure and transfers and subsidies as well as including the total tax burden as a source of government revenue. Significant effects resulting from any of these will help to define the relationship between government size and economic growth more precisely ...
... variety of components such as education expenditure and transfers and subsidies as well as including the total tax burden as a source of government revenue. Significant effects resulting from any of these will help to define the relationship between government size and economic growth more precisely ...
1. What is Economics
... remained limited to individual decision making and use of resources only. Its scope has been expanded to include production and consumption of commodities overtime so that the economy achieves growth and development. So economics is treated as the science of growth and development .In fact, it is tr ...
... remained limited to individual decision making and use of resources only. Its scope has been expanded to include production and consumption of commodities overtime so that the economy achieves growth and development. So economics is treated as the science of growth and development .In fact, it is tr ...
ge11 Fisher2 15044642 en
... in the input-output table. The original dollar of extra revenue will be paid to capital, labor, or indirect business taxes in “Motor vehicles”. The supply shock becomes an input into some sector, and it will increase economic activity there by one dollar, akin to the conservation of current in a cir ...
... in the input-output table. The original dollar of extra revenue will be paid to capital, labor, or indirect business taxes in “Motor vehicles”. The supply shock becomes an input into some sector, and it will increase economic activity there by one dollar, akin to the conservation of current in a cir ...