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... Trade liberalization has strong effects on income distribution, because it affects industries differentially. Social conflicts can be exacerbated if there are more “losers” than “winners,” depending on power structure; relative strength of sectoral lobbies. Reform may have a large output cost in ...
... Trade liberalization has strong effects on income distribution, because it affects industries differentially. Social conflicts can be exacerbated if there are more “losers” than “winners,” depending on power structure; relative strength of sectoral lobbies. Reform may have a large output cost in ...
Experience of Determining of Government Spending Multipliers in
... 2. Negative impact of growth in public spending on production of a number of sectors (construction, machine-building, research and development) on the dynamics of the gross output of the second subdivision is explained by two factors a) the redistribution of resources in favor of industries producin ...
... 2. Negative impact of growth in public spending on production of a number of sectors (construction, machine-building, research and development) on the dynamics of the gross output of the second subdivision is explained by two factors a) the redistribution of resources in favor of industries producin ...
Competitiveness of regions - E-SGH
... Innovations not only transform the way things are being done but are opening a whole range of new possibilities Environment friendly to innovation: sufficient investment in research and development, , especially by the private sector, high quality scientific research institutions, extensive collabor ...
... Innovations not only transform the way things are being done but are opening a whole range of new possibilities Environment friendly to innovation: sufficient investment in research and development, , especially by the private sector, high quality scientific research institutions, extensive collabor ...
Civil War and the Economics of Peace Dividend
... devoted to military expenditure became releasable for productive activities. Superficially, the peace dividend from the ending of a civil war might appear to be much larger than that from the ending of the cold war. In both there is a gain from the redeployment of the military into productive activi ...
... devoted to military expenditure became releasable for productive activities. Superficially, the peace dividend from the ending of a civil war might appear to be much larger than that from the ending of the cold war. In both there is a gain from the redeployment of the military into productive activi ...
The principle of effective demand – Marx, Kalecki
... function as a store of value (hoarding), an increase in the willingness to hoard causes a lack of aggregate demand for the economy as a whole and may therefore trigger a general crisis. Of course, this will only hold true if the demand for holding money does not constitute a demand for production a ...
... function as a store of value (hoarding), an increase in the willingness to hoard causes a lack of aggregate demand for the economy as a whole and may therefore trigger a general crisis. Of course, this will only hold true if the demand for holding money does not constitute a demand for production a ...
FULL EMPLOYMENT, THE VALUE OF MONEY AND DEFICIT
... 1. In the capitalist economy, the structure of the State is transmogrified relative to the non-monetized command State. On one hand, it allows for the existence of the monetary circuit. On the other, it must comply with the laws of the monetary circuit. Too many post-Keynesians have forgotten that t ...
... 1. In the capitalist economy, the structure of the State is transmogrified relative to the non-monetized command State. On one hand, it allows for the existence of the monetary circuit. On the other, it must comply with the laws of the monetary circuit. Too many post-Keynesians have forgotten that t ...
Germany`s Social Market economy: a blueprint for Latin American
... the “choice within rules” and the “choice among rules”, the Ordoliberals had a clear focus on the latter. They were looking for the rules of the economic game (“Wirtschaftsordnung”) that would produce beneficial results for all people within this economy. Characteristic for the Ordo-approach was als ...
... the “choice within rules” and the “choice among rules”, the Ordoliberals had a clear focus on the latter. They were looking for the rules of the economic game (“Wirtschaftsordnung”) that would produce beneficial results for all people within this economy. Characteristic for the Ordo-approach was als ...
- bYTEBoss
... Dependent Variables: Attitudes toward Democracy Support for Democracy • Which of these three statements is closest to your own opinion? • A: Democracy is preferable to any other kind of government. • B: In some circumstances, a non-democratic government can be preferable. • C: For someone like me, i ...
... Dependent Variables: Attitudes toward Democracy Support for Democracy • Which of these three statements is closest to your own opinion? • A: Democracy is preferable to any other kind of government. • B: In some circumstances, a non-democratic government can be preferable. • C: For someone like me, i ...
E - n
... structures, in order to investigate the impact of each factor of production on final output. Once the production structure of an economy has been deciphered, the productive capacity of the economy can be used to determine how much should be produced, how much is available for consumption and, more i ...
... structures, in order to investigate the impact of each factor of production on final output. Once the production structure of an economy has been deciphered, the productive capacity of the economy can be used to determine how much should be produced, how much is available for consumption and, more i ...
Capital formation in post socialist countries
... Production decline below the consumption level may show that the production capital does not meet the demand for consumption goods. It is worth analyzing the behavior of such figures as production, investments and consumption in the period of economic growth. After the decline in all figures (consum ...
... Production decline below the consumption level may show that the production capital does not meet the demand for consumption goods. It is worth analyzing the behavior of such figures as production, investments and consumption in the period of economic growth. After the decline in all figures (consum ...
Free Full Text ( Final Version , 264kb )
... interventions that the States had in hand to revitalize aggregate demand and thus spur employment and output. Keynes himself, and the Cambridge Circus –or Cambridge Group-, a team of renowned economists largely influenced by -and friends of- Keynes, devoted most of its work in the following years to ...
... interventions that the States had in hand to revitalize aggregate demand and thus spur employment and output. Keynes himself, and the Cambridge Circus –or Cambridge Group-, a team of renowned economists largely influenced by -and friends of- Keynes, devoted most of its work in the following years to ...
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... financial flows. It is the latter which many fear as particularly destabilizing—and not conducive to growth. The fact that total flows (which include both short-term and long-term flows) have failed to produce the desired effects is perhaps particularly condemning: it has long been presumed that FDI ...
... financial flows. It is the latter which many fear as particularly destabilizing—and not conducive to growth. The fact that total flows (which include both short-term and long-term flows) have failed to produce the desired effects is perhaps particularly condemning: it has long been presumed that FDI ...
Government, Politics, and the Economy
... Economy • Most policies must be decided a year or more before their full impact will be felt on economy. • Budgetary process is dominated by uncontrollable expenditures mandated by law, and many benefits automatically increase with the cost of living. Copyright © 2011 Pearson Education, Inc. Publish ...
... Economy • Most policies must be decided a year or more before their full impact will be felt on economy. • Budgetary process is dominated by uncontrollable expenditures mandated by law, and many benefits automatically increase with the cost of living. Copyright © 2011 Pearson Education, Inc. Publish ...
Promotion of full employment and global social integration - PS-MUN
... involved. This has serious consequences in their lives. In some societies their stands of so little importance that the problem for them is major. There are countries where as part of their culture not all people have the same labor rights or the same rights to food. The decrease of this phenomenon ...
... involved. This has serious consequences in their lives. In some societies their stands of so little importance that the problem for them is major. There are countries where as part of their culture not all people have the same labor rights or the same rights to food. The decrease of this phenomenon ...
Chapter 3 Theories of Rise and Fall, Part 2
... North, and Solow, tend to accentuate a particular set of social concepts, such as diminishing returns, and then to use technology as an explanatory variable when the other concepts are seen to not have sufficient explanatory power. Samuelson presents “the law of diminishing returns: An increase in s ...
... North, and Solow, tend to accentuate a particular set of social concepts, such as diminishing returns, and then to use technology as an explanatory variable when the other concepts are seen to not have sufficient explanatory power. Samuelson presents “the law of diminishing returns: An increase in s ...
Document
... -45) Acquisition of technological expertise and experience by backward regions from wealthier regions; 6) Efficiency gains of already available capital equipment, education, labor force and technological know-how through better institutions, rule of law, credible property rights, etc. All of these ...
... -45) Acquisition of technological expertise and experience by backward regions from wealthier regions; 6) Efficiency gains of already available capital equipment, education, labor force and technological know-how through better institutions, rule of law, credible property rights, etc. All of these ...
Measures of Prices, Inflation, Measures of Prices
... similar factors may find it hard to retain their old jobs; retrenchment may leave them unemployed on roads. Moreover, the wages would has to be cut drastically if at the all they can be allowed to continue in their old jobs. In this type of situation, where everyone is clamouring for some paid job, ...
... similar factors may find it hard to retain their old jobs; retrenchment may leave them unemployed on roads. Moreover, the wages would has to be cut drastically if at the all they can be allowed to continue in their old jobs. In this type of situation, where everyone is clamouring for some paid job, ...
IB Economics Section 2.6 Supply
... Improving the performance of firms Measures to improve competition and efficiency in product markets, especially in global markets, are also a significant part of supply-side policy. Example of measures include: Government may help to improve supply-side performance by giving assistance to firms t ...
... Improving the performance of firms Measures to improve competition and efficiency in product markets, especially in global markets, are also a significant part of supply-side policy. Example of measures include: Government may help to improve supply-side performance by giving assistance to firms t ...
Macroeconomic Implications of Profit Sharing
... the best place to attackmacroeconomicproblemsmay be directly at their source. Make it in the strong self-interest of firms to maintain full employment with low prices, and macroeconomic problems might, to a greaterextent than now, largely take care of themselves. To be sure, control of government sp ...
... the best place to attackmacroeconomicproblemsmay be directly at their source. Make it in the strong self-interest of firms to maintain full employment with low prices, and macroeconomic problems might, to a greaterextent than now, largely take care of themselves. To be sure, control of government sp ...
Ch - CSUN.edu
... 12. Construct a production possibilities curve when given appropriate data. 13. Illustrate economic growth, unemployment and underemployment of resources, and increasing costs using a production possibilities curve. 14. Give some real-world applications of the production possibilities concept. 15. S ...
... 12. Construct a production possibilities curve when given appropriate data. 13. Illustrate economic growth, unemployment and underemployment of resources, and increasing costs using a production possibilities curve. 14. Give some real-world applications of the production possibilities concept. 15. S ...
Document
... Data for 1-year deposit rates were compared for 5 GCC states (All except UAE): In general, interest rates moved in the same direction for the countries observed, hitting flex points around the same time. Qatar rate was fixed until 1991. Once it was allowed to fluctuate, it moved in a fashion similar ...
... Data for 1-year deposit rates were compared for 5 GCC states (All except UAE): In general, interest rates moved in the same direction for the countries observed, hitting flex points around the same time. Qatar rate was fixed until 1991. Once it was allowed to fluctuate, it moved in a fashion similar ...
File Now - Haitian Heritage Awards
... capital, Port-au-Prince, and resulted in fiscal losses roughly equal to the country’s GDP. In response, the international community has rushed to Haiti’s support and pledged approximately US$10 billion for reconstruction projects. As Haiti’s economy steadily begins to improve, great opportunity exis ...
... capital, Port-au-Prince, and resulted in fiscal losses roughly equal to the country’s GDP. In response, the international community has rushed to Haiti’s support and pledged approximately US$10 billion for reconstruction projects. As Haiti’s economy steadily begins to improve, great opportunity exis ...
Prospects for Reconciling the Conflict between
... academia and sometimes acknowledged in political circles. Nevertheless, there is not a unified response. In political and policy circles, the environmental Kuznets curve (EKC) is posited to solve the conflict between economic growth and environmental protection. In academia, however, the EKC has bee ...
... academia and sometimes acknowledged in political circles. Nevertheless, there is not a unified response. In political and policy circles, the environmental Kuznets curve (EKC) is posited to solve the conflict between economic growth and environmental protection. In academia, however, the EKC has bee ...
ANNEX A. Glossary of terms and definitions
... decision 85/377/EEC). From 2010 onwards, European Size Units will no longer be available (see box 1 in chapter 2). European System of Accounts (ESA) The European system of national and regional accounts (ESA 1995) defines the accounting rules which need to be introduced so that the economies of the ...
... decision 85/377/EEC). From 2010 onwards, European Size Units will no longer be available (see box 1 in chapter 2). European System of Accounts (ESA) The European system of national and regional accounts (ESA 1995) defines the accounting rules which need to be introduced so that the economies of the ...
CH 8 - Cameron University
... Reduce the government budget deficit (or increase the budget surplus). ...
... Reduce the government budget deficit (or increase the budget surplus). ...