• Study Resource
  • Explore Categories
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
5 Theories of growth and Development
5 Theories of growth and Development

... critical ground speed which must be passed before the craft can become airborne. ...
Lecture 26 - Cornell University
Lecture 26 - Cornell University

... Notice that the growth rates of capital in this table are larger than the growth rates of labor in Table 16.3. So, capital has grown relative to labor. Copyright © 2017 Pearson Education, Inc. ...
A Report Prepared for the Indian Hills Regional Economic
A Report Prepared for the Indian Hills Regional Economic

... supply; at a fundamental level all businesses appear to have an economic “impact.”  In  this research, however, we are isolating economic activity that is seen to cause or  stimulate even more economic activity in the region because of sales to non‐residents.   These sales are called exports, and th ...
Article (Wayne u Daniel).indd
Article (Wayne u Daniel).indd

... utility maximising forward-looking agents that decide how much to consume and to work. The model distinguishes between two types of households. Liquidity constrained households consume all their disposable income at each period and members of these households offer only low-skilled labour services. ...
Document
Document

... used to produce goods and services. These are: ◦ Land ◦ Labor ◦ Capital ...
Document
Document

... Corporations make up only 20% of all U.S. businesses but account for 88% of all sales. Sole proprietorships make up 73% of all U.S. businesses but account for only 5% of all sales. ...
Producers
Producers

... The amount of goods and services that they can purchase creates their standard of living Producers supply and sell final goods and services to Consumers on an open market. They receive money and provide goods and services The money they receive becomes their revenues ...
Structural labor market reforms!
Structural labor market reforms!

...  Open competition between private service providers ...
2nd - OoCities
2nd - OoCities

... needs a cautions and balanced approach and in many cases the use of sophisticated indicators. Decisions regarding the flow of monetary resources and their allocation between competing demands have to be based on a realistic appraisal of the country’s current situation along with projections of futur ...
The super-rich in global perspective: a quantitative analysis of the
The super-rich in global perspective: a quantitative analysis of the

... billionaires in the US, which has far more super-rich people than any other country in the world. On the other hand, there are billionaires in many countries, including developing ones. < Insert Table 1 about here > Perhaps surprisingly, very little research has been undertaken to explain the variat ...
Long-term Economic Growth
Long-term Economic Growth

... calculates its value added as the market value of its sales plus change in its inventories minus the cost of material inputs which includes energy, raw materials and unfinished products but does not include the cost of durable machinery and structures or labor. • The sum of the value added of all th ...
Complete Economics dictionary - Liceo Ginnasio Statale «Virgilio
Complete Economics dictionary - Liceo Ginnasio Statale «Virgilio

... BALANCE OF TRADE The difference between the value of visible exports from a country and the value of visible imports to that country, usually measures per month and annually. BARTER The exchange of goods and services without using money. BASIC WAGE A guaranteed level of earnings for an employee, e ...
Mysl EiP 4-2015.indd
Mysl EiP 4-2015.indd

... nervousness and confusion what leads to an even less effective utilization of the still available resources. The first type of economic systems is usually associated with modern market economies, the second one with the centrally controlled economies. The market system can be characterized by the fo ...
The Financial Engineering and Management of Economic Crisis
The Financial Engineering and Management of Economic Crisis

... compliance and legal aspects of supervision. Formulate the financial regulations in line with the socialist market economy. Increase commercial banks’ supervision of compliance and legal aspects. Reduce commercial banks’ monitoring of the operational effectiveness. Second, establish a strict system ...
Course: Macroeconomics Instructor: Dr. Mohammad A. Magableh
Course: Macroeconomics Instructor: Dr. Mohammad A. Magableh

... institutional units that are resident in the economy (in different economic activities) plus taxes on products and import (VAT, excise tax and customs duties) less subsidies on products. Calculation scheme is as follows: Total output (goods and services) by types of activities in market prices -inte ...
this PDF file
this PDF file

... power throughout both economic and political life. 21 Rawls wrote that if such questions arose, they would “belong to political sociology,” rather than to his theory of justice.22 In the context of the academic disciplines, this is a cogent division of intellectual labor. But the thought that a theo ...
Economic Policy
Economic Policy

... Market failure: a situation in which the market fails to allocate goods and resources efficiently, because one or some of the above conditions do not apply. The role of the state is to try and make markets more efficient by eliminating some of the barriers that prevent the markets from working perfe ...
Piketty`s inequality and local versus global Lewis turning points
Piketty`s inequality and local versus global Lewis turning points

... the global economy. That enabled it to attract an astronomical amount of foreign direct investment, not just from the West and Japan but also from Taiwan and Hong Kong. Those in the West and elsewhere who have the skills needed to take advantage of the opportunities in China are operating like the c ...
Substantivism, Culturalism and Formalism In Economic
Substantivism, Culturalism and Formalism In Economic

... theory. There, it leads, according to Polanyi, to the emergence of two different ways of understanding the economy: formal and how substantial. It is this distinction, between the formal and substantial meanings of economy that is of particular interest in this paper. As Polanyi puts it, “the substa ...
SKILLS AND WHAT ELSE MAKES THE DIFFERENCE?
SKILLS AND WHAT ELSE MAKES THE DIFFERENCE?

... Readily available sources of patient and knowledgeable capital A domestic market for goods and services that demands high levels of product quality, specification and customisation A domestic income distribution and public purchasing policy that can support point 5 above ...
Ecological macroeconomics and sustainable transition – critical and constructive
Ecological macroeconomics and sustainable transition – critical and constructive

... together can be seen as constituting a systemic crisis. Dominant economic theories as well as current political measures offer completely inadequate responses to this crisis. It is, therefore, necessary to rethink economic theory and to develop more radical ideas about institutional changes that cop ...
Roger W. Garrison THE LIMITS OF MACROECONOMICS
Roger W. Garrison THE LIMITS OF MACROECONOMICS

... expectatioils, wnicn~are expiaineu largely oy gronp lJsycLlULOgy, uonImate in determining the level of investment. The interest rate, which is governed largely by changes in liquidity preferences, plays a subordinate role in investment decisions, as reflected in an interestinelastic demand for inve ...
D. LEVY - CEPREMAP
D. LEVY - CEPREMAP

... This first feature is, however, far from defining all the facets of neoliberalism. In each country, the new social order imposed a new discipline on workers, notably more demanding labor conditions, stagnating purchasing powers, and pressure on social protection (welfare). In the United States, the ...
Economics - Tasmanian Assessment, Standards and Certification
Economics - Tasmanian Assessment, Standards and Certification

... between wage rates for labour and the quantity of labour which is demanded. As wage rates rise, the quantity demanded falls. Each point on the curve represents a particular wage - quantity combination. When wage rates rise, then there is a contraction of demand along the slope, and when wage rates f ...
Democracy and Growth - thammasat review of economic and social
Democracy and Growth - thammasat review of economic and social

... the overall sample for growth, democracy and income and the positive impact of economic freedom, and the insignificance of openness. Second, for flawed democracies (where some major South East Asian countries such as Indonesia, Malaysia, the Philippines, Thailand and some South Asian countries such ...
< 1 ... 149 150 151 152 153 154 155 156 157 ... 248 >

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.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report