defining competitiveness through the theories
... regions compete with one another in order to attract investments based on their comparative advantage – availability of indigenous factors (McCann, 2001). Different regions tend to specialize in those industries and activities they have comparative advantage in, i.e. in production of those outputs t ...
... regions compete with one another in order to attract investments based on their comparative advantage – availability of indigenous factors (McCann, 2001). Different regions tend to specialize in those industries and activities they have comparative advantage in, i.e. in production of those outputs t ...
Modeling the Economy as a Whole: An Integrative Approach
... Hence, while labor power is not produced within the system of production like a ton of steel, it is socially created in conjunction with technical knowledge and then enters the system of production as an “input.” With labor power, goods, and services being used as intermediate inputs co-created and ...
... Hence, while labor power is not produced within the system of production like a ton of steel, it is socially created in conjunction with technical knowledge and then enters the system of production as an “input.” With labor power, goods, and services being used as intermediate inputs co-created and ...
cooperative republic of guyana
... Canadian dollar and some other bank notes as well. Foreign currency can be changed at banks, finance houses, and cambios. Many hotels will also change foreign currency to Guyana dollars, but generally, they offer slightly reduced rates. ...
... Canadian dollar and some other bank notes as well. Foreign currency can be changed at banks, finance houses, and cambios. Many hotels will also change foreign currency to Guyana dollars, but generally, they offer slightly reduced rates. ...
HYPOTHETICAL EVOLVENT OF MACROECONOMIC STABILITY
... economic as well as fiscal and monetary policy activities and plenty of scientific efforts, were the importance and possibility to control macroeconomic situation is analysed (e. g. Keynes ...
... economic as well as fiscal and monetary policy activities and plenty of scientific efforts, were the importance and possibility to control macroeconomic situation is analysed (e. g. Keynes ...
The impact of economic freedom on corruption: different patterns for
... corruption.2 The measurement of perceived corruption includes, however, assessments of the extent of illegal behaviour in a country in general.3 Over the last 3 years, especially in 1999, many new countries have been included in the CPI. To extend the sample of countries, the average of the CPI data ...
... corruption.2 The measurement of perceived corruption includes, however, assessments of the extent of illegal behaviour in a country in general.3 Over the last 3 years, especially in 1999, many new countries have been included in the CPI. To extend the sample of countries, the average of the CPI data ...
finland as a knowledge economy
... However, it is important to stress that a systems view of industrial policy does not imply that Finland has followed a “master plan” in which the government played a strong leading role. Rather, the systems view was concretized through an emphasis on responsive longer-term policies to improve the ge ...
... However, it is important to stress that a systems view of industrial policy does not imply that Finland has followed a “master plan” in which the government played a strong leading role. Rather, the systems view was concretized through an emphasis on responsive longer-term policies to improve the ge ...
The Interrelationship between Democracy and Economic Growth
... economic growth (e.g., Tang and Yung, 2005; Heo and Tan, 2001). Some researchers find that the relationship is positive between them but others argued that it is negative. Feng (1997),De Hann and Siermann (1995), and Helliwell (1994), who followed an argument by Sirowy and Inkeles (1990), support th ...
... economic growth (e.g., Tang and Yung, 2005; Heo and Tan, 2001). Some researchers find that the relationship is positive between them but others argued that it is negative. Feng (1997),De Hann and Siermann (1995), and Helliwell (1994), who followed an argument by Sirowy and Inkeles (1990), support th ...
v. ongoing changes in the business cycle
... The recent period of widespread economic weakness has brought to the forefront questions about how closely economic activity is synchronised across national borders and what transmission channels serve to foster synchronisation. This chapter provides an historical context for the discussion of these ...
... The recent period of widespread economic weakness has brought to the forefront questions about how closely economic activity is synchronised across national borders and what transmission channels serve to foster synchronisation. This chapter provides an historical context for the discussion of these ...
malaysia`s performance in - Malaysia Productivity Corporation
... Appendix 3 The Index of Economic Freedom is constructed of 10 components of economic freedom, which are grouped into 4 categories: ...
... Appendix 3 The Index of Economic Freedom is constructed of 10 components of economic freedom, which are grouped into 4 categories: ...
Validity of the economic thoughts of Keynes and Marx for the 21st
... quickly become competitor of the USA. From 1960-1965 wages in Europe and Japan, the main US competitors, rose from between 2-6 per cent annually, white wages in the US fell during the same period 0. 7 per cent. The new wage relationships caused a balance of payments surplus in America which reached ...
... quickly become competitor of the USA. From 1960-1965 wages in Europe and Japan, the main US competitors, rose from between 2-6 per cent annually, white wages in the US fell during the same period 0. 7 per cent. The new wage relationships caused a balance of payments surplus in America which reached ...
Policy
... If the government is wrong about consumers’ reactions, it could destabilize rather than stabilize the economy. ...
... If the government is wrong about consumers’ reactions, it could destabilize rather than stabilize the economy. ...
UK BUSINESS CONFIDENCE MONITOR Q1 2009 National Summary Report
... In the last quarter of 2008 the economy experienced the steepest quarterly contraction in output since 1980. This is not the first time we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as th ...
... In the last quarter of 2008 the economy experienced the steepest quarterly contraction in output since 1980. This is not the first time we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as th ...
Should The Fed Consider Income Inequality When Setting Monetary
... around was that low-income and middle-class households were so squeezed leading up to the crisis that they couldn't take advantage of looser monetary policy afterward--by refinancing their mortgages, for example. Or, to quote the New York Times Oct. 22, 2014, article: "if you're General Electric or ...
... around was that low-income and middle-class households were so squeezed leading up to the crisis that they couldn't take advantage of looser monetary policy afterward--by refinancing their mortgages, for example. Or, to quote the New York Times Oct. 22, 2014, article: "if you're General Electric or ...
Entrepreneurship, Firm Size and the Structure of the Italian Economy
... a preponderance of small and medium-sized firms and a few extremely large public enterprises. By contrast, very little is known about small firms that make up the backbone of the Italian economy, employing about 76% of the labor force. In the last decade small and medium-sized firms have been the so ...
... a preponderance of small and medium-sized firms and a few extremely large public enterprises. By contrast, very little is known about small firms that make up the backbone of the Italian economy, employing about 76% of the labor force. In the last decade small and medium-sized firms have been the so ...
Should The Fed Consider Income Inequality When Setting Monetary
... around was that low-income and middle-class households were so squeezed leading up to the crisis that they couldn't take advantage of looser monetary policy afterward--by refinancing their mortgages, for example. Or, to quote the New York Times Oct. 22, 2014, article: "if you're General Electric or ...
... around was that low-income and middle-class households were so squeezed leading up to the crisis that they couldn't take advantage of looser monetary policy afterward--by refinancing their mortgages, for example. Or, to quote the New York Times Oct. 22, 2014, article: "if you're General Electric or ...
Behavioral economics and macroeconomic models1
... Excellence funding scheme, project number 179552. The views expressed in this paper are those of the author and do not necessarily reflect the views of Hans Böckler Foundation. ...
... Excellence funding scheme, project number 179552. The views expressed in this paper are those of the author and do not necessarily reflect the views of Hans Böckler Foundation. ...
Political Instability as a Source of Growth
... Bank were to follow the recommended course of promoting leadership stability, the consequence would more likely produce economic contraction around the world rather than expansion. Stability can be divided into at least two important dimensions. One is the longevity in office enjoyed by national lead ...
... Bank were to follow the recommended course of promoting leadership stability, the consequence would more likely produce economic contraction around the world rather than expansion. Stability can be divided into at least two important dimensions. One is the longevity in office enjoyed by national lead ...
War and the Growth of Government
... usually the slaves of some defunct economist” (1936: 383). Crises impact both interests and ideas. Crises can lead to a change in policies “because prevailing interests may lose some of their legitimacy and because incumbents may be open to trying new remedies”(Rodrik, 2014: 203). In other words, cr ...
... usually the slaves of some defunct economist” (1936: 383). Crises impact both interests and ideas. Crises can lead to a change in policies “because prevailing interests may lose some of their legitimacy and because incumbents may be open to trying new remedies”(Rodrik, 2014: 203). In other words, cr ...
AP Economics - Loudoun County Public Schools
... IMPORTANT NOTES, HOWEVER: 1. The “Personal Finance” SOLs that form part of the new Virginia graduation requirement are NOT included in this curriculum; and 2. If a student wishes this AP Economics course to satisfy the Virginia requirement for “Economics,” he/she MUST take BOTH semesters of the cour ...
... IMPORTANT NOTES, HOWEVER: 1. The “Personal Finance” SOLs that form part of the new Virginia graduation requirement are NOT included in this curriculum; and 2. If a student wishes this AP Economics course to satisfy the Virginia requirement for “Economics,” he/she MUST take BOTH semesters of the cour ...
Autumn Post Keynesian Economics Study Group
... The Society of Government Economists will be organizing several sessions at our annual, oneday conference in Washington, DC. The Society’s motivation for organizing these sessions is to promote economic thought that will be beneficial to government economists. Specifically, sessions will be designed ...
... The Society of Government Economists will be organizing several sessions at our annual, oneday conference in Washington, DC. The Society’s motivation for organizing these sessions is to promote economic thought that will be beneficial to government economists. Specifically, sessions will be designed ...
... also agricultural production and mining. The third region, in the south, around Concepción, was a region specialized in agricultural production and livestock. This distribution already showed the existence of high levels of spatial inequality. Its roots were at the end of the colonial period, with t ...
Institutions and Economic Development
... There is also the view that the proxy for institutions (risk of expropriation by the government) is not really picking up any permanent set of rules of a country. Rather this in itself is an outcome of what has gone before. This measure of institutions also rises with (i) per capita GDP and is (ii) ...
... There is also the view that the proxy for institutions (risk of expropriation by the government) is not really picking up any permanent set of rules of a country. Rather this in itself is an outcome of what has gone before. This measure of institutions also rises with (i) per capita GDP and is (ii) ...
Economic theory in the face of the business cycle
... scale. It was generally taken for granted that the mechanisms operating in the economy ensure full employment of factors of production. The increase in savings as a source of financing investment had always been assessed positively. Under these conditions, the entire blame for a crisis fell on exoge ...
... scale. It was generally taken for granted that the mechanisms operating in the economy ensure full employment of factors of production. The increase in savings as a source of financing investment had always been assessed positively. Under these conditions, the entire blame for a crisis fell on exoge ...
The Lucas Critique – is it really relevant?
... (2004:12). Although he regarded Keynes’s standing with that of Einstein’s as an undergraduate he confesses that he “had no idea what was actually in Keynes’s book”; op. cit. p.13. However, later on, when addressing the postwar period with its focus on stabilizing the overall spending flows, he think ...
... (2004:12). Although he regarded Keynes’s standing with that of Einstein’s as an undergraduate he confesses that he “had no idea what was actually in Keynes’s book”; op. cit. p.13. However, later on, when addressing the postwar period with its focus on stabilizing the overall spending flows, he think ...
Module
... [Students will have to answer four questions out of eight questions. At least one question from each module will be set.] Module- I ...
... [Students will have to answer four questions out of eight questions. At least one question from each module will be set.] Module- I ...