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Istituzioni di economia
Istituzioni di economia

... entire tax base to disappear; in Figure 1, the capital stock only shrinks to k', not 0, due to the tax, and the tax produces revenue equal to r'CDr*. Mobility of capital does imply, however, that the economic burden of the tax on capital does not fall on the owners of capital, who must, in equilibri ...
economic understandings
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Economic Development and Diaspora

... • Class resources are universal in the sense that they are not specific to culture or ethnicity. They can be divided in four kinds of capital: financial (wealth, money), human (education, work experience), cultural (tastes, behaviors, knowledge), and social (networks). ...
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The Role of Statistics in Promoting Good
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... the management of a country's economic and social resources for development" and 'good governance' as synonymous with "sound development management" (cf Potter, 2000: 379). It encompasses a broad sphere of public sector management; accountability; legal framework for development (reforms); informati ...
ANAN Communique
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... the company's fee business (foreign exchange, custody arrangements, etc.) and to its transactions deposits, as well as employee and subsidiary company deposits. The main bank system is described and analyzed in considerable detail in Aoki and Patrick (1994); see particularly the overview chapter by ...
section 3: legal framework
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... The vision of the government is that of high and sustainable economic development, which can only be obtained by increased investment, enhanced productivity, expanding employment opportunities and an overall increased competitiveness. The Department of Trade and Industry prolonged this strategy in 1 ...
Mixed Economic Systems - Bellevue Immaculate Conception School
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This PDF is a selection from an out-of-print volume from... of Economic Research

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Austrian Economics—The Ultimate Achievement
Austrian Economics—The Ultimate Achievement

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The 2014 Festivus Airing of Grievances
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... be stronger than the Fed and the consensus expected as a result of increased growth in thin-air credit. I figured that the Fed would be reluctant to pre-emptively raise the federal funds rate in 2014, but that market participants would anticipate more aggressive funds rate increases in 2015, which w ...
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... and usually raise our average standard of living. Types of output are also important. For example, if we produce capital goods, they go into our resource supply and cause greater economic growth in the future. On the other hand, if we produce consumer goods, they do not augment resource supplies and ...
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... rising during this period but at a slower rate than the relative shares. Thus, in this later period, both the relative quantity and relative price of services were rising relative to industry. Explaining this would require a large, delayed income effect 2. The consumption requirement of agricultural ...
Economic Stability and Antitrust Policy
Economic Stability and Antitrust Policy

... stabilization, there are no politically significant limits to the instability of prices and, especially, to the degree of deflation which might occur under the institutional arrangements of the past. Whether extreme instability of the price level would involve intolerable fluctuations of employment ...
ECONOMICS - TerpConnect
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... The Costs of Economic Growth • Nothing is Free! Unavoidable tradeoffs – • Promoting economic growth requires some groups, or the nation as a whole, to give up something else that is valued • Properly targeted tax cuts (such as capital gains or corporate profit)can increase the rate of economic grow ...
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Business cycle fluctuations
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... a fall in quits implies that the direction in which total separations move is ambiguous according to the Keynesian story. Fig. 28.2 indicates that total separations fell during both the dot.com-bubble recession in 2001 and the Great recession 2008-2009; so we can conclude that the fall in quits domi ...
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Economic democracy

Economic democracy or stakeholder democracy is a socioeconomic philosophy that proposes to shift decision-making power from corporate managers and corporate shareholders to a larger group of public stakeholders that includes workers, customers, suppliers, neighbors and the broader public. No single definition or approach encompasses economic democracy, but most proponents claim that modern property relations externalize costs, subordinate the general well-being to private profit, and deny the polity a democratic voice in economic policy decisions. In addition to these moral concerns, economic democracy makes practical claims, such as that it can compensate for capitalism's inherent effective demand gap.Classical liberals argue that ownership and control over the means of production belongs to private firms and can only be sustained by means of consumer choice, exercised daily in the marketplace. ""The capitalistic social order"", they claim, therefore, ""is an economic democracy in the strictest sense of the word"". Critics of this claim point out that consumers only vote on the value of the product when they make a purchase; they are not participating in the management of firms, or voting on how the profits are to be used.Proponents of economic democracy generally argue that modern capitalism periodically results in economic crises characterized by deficiency of effective demand, as society is unable to earn enough income to purchase its output production. Corporate monopoly of common resources typically creates artificial scarcity, resulting in socio-economic imbalances that restrict workers from access to economic opportunity and diminish consumer purchasing power. Economic democracy has been proposed as a component of larger socioeconomic ideologies, as a stand-alone theory, and as a variety of reform agendas. For example, as a means to securing full economic rights, it opens a path to full political rights, defined as including the former. Both market and non-market theories of economic democracy have been proposed. As a reform agenda, supporting theories and real-world examples range from decentralization and economic liberalization to democratic cooperatives, public banking, fair trade, and the regionalization of food production and currency.
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