77 II. Economic performance of the developing countries of the... Table 10a. Sri Lanka. Resources balance, 1974-1979
... annual per capita increases in GDP remained comparatively high. 10. In the island developing economies of the Pacific listed in table 1, growth rates during the ...
... annual per capita increases in GDP remained comparatively high. 10. In the island developing economies of the Pacific listed in table 1, growth rates during the ...
Figure 2. Growth differences between GDP and production
... The commodities with the highest growth are paper waste (21) and furniture etc. (25), but neither of these groups or the groups with the largest decline in vehicle kilometres are among the groups which are conveyed the most. This can also be seen from Figure 3. The last information shown in Figure ...
... The commodities with the highest growth are paper waste (21) and furniture etc. (25), but neither of these groups or the groups with the largest decline in vehicle kilometres are among the groups which are conveyed the most. This can also be seen from Figure 3. The last information shown in Figure ...
To many, today, globalization is a four
... regime with nearly all imports coming under strict licensing by early 1970s. By the mid1970s, India’s trade regime had become so repressive that imports (other than oil and cereals) had fallen from the already low level of 7 percent of GDP in 1957-58 to 3 percent in 1975-76. Whereas Korea recognized ...
... regime with nearly all imports coming under strict licensing by early 1970s. By the mid1970s, India’s trade regime had become so repressive that imports (other than oil and cereals) had fallen from the already low level of 7 percent of GDP in 1957-58 to 3 percent in 1975-76. Whereas Korea recognized ...
Productivity of ICT and Non-ICT Capital – The
... of capital income, Oulton and Rincon-Aznar (2010) find that they remain fairly constant across countries and time (with the exception for implausible overall magnitudes in Italy and Spain), while exhibiting implausible variation across sectors. Schreyer (2010) analyses the computation of capital ser ...
... of capital income, Oulton and Rincon-Aznar (2010) find that they remain fairly constant across countries and time (with the exception for implausible overall magnitudes in Italy and Spain), while exhibiting implausible variation across sectors. Schreyer (2010) analyses the computation of capital ser ...
2. Institutions and their role in economic growth. Theoretical
... The article investigates how important the differences in the quality of institutions have been as an explanation for differences in economic performance since the start of transition in the countries of Central and Eastern Europe (CEE) and the former Soviet Union (FSU), relative to other factors. I ...
... The article investigates how important the differences in the quality of institutions have been as an explanation for differences in economic performance since the start of transition in the countries of Central and Eastern Europe (CEE) and the former Soviet Union (FSU), relative to other factors. I ...
del09 Philippopoulos new 9997294 en
... here the …scal stance reacts to a measure of resource misallocation, rather than to a measure of cyclical conditions. As far as we know, there have not been any other studies adopting this approach. We experiment with a number of di¤erent simple feedback policy rules/ gaps. In each case, the feedbac ...
... here the …scal stance reacts to a measure of resource misallocation, rather than to a measure of cyclical conditions. As far as we know, there have not been any other studies adopting this approach. We experiment with a number of di¤erent simple feedback policy rules/ gaps. In each case, the feedbac ...
Hospitality Directions US Hospitality and Leisure At a glance January 2012
... toward areas of growth. As a result, while some sectors are expanding, such as professional and business services, and healthcare and education, which have experienced 5.5 percent and 5.3 percent increases in jobs since the end of the recession, respectively, other sectors, such as the finance (broa ...
... toward areas of growth. As a result, while some sectors are expanding, such as professional and business services, and healthcare and education, which have experienced 5.5 percent and 5.3 percent increases in jobs since the end of the recession, respectively, other sectors, such as the finance (broa ...
DOC - Fundacja Pro Progressio
... The Grand Outsourcing Stars Gala 2015 The Polish market for modern business services is a global leader, growing at an annual rate of 15-18 percent. On 28 January Warsaw will host an event summarising last year in the industry – the Grand Outsourcing Stars Gala 2015. The event will be attended, amon ...
... The Grand Outsourcing Stars Gala 2015 The Polish market for modern business services is a global leader, growing at an annual rate of 15-18 percent. On 28 January Warsaw will host an event summarising last year in the industry – the Grand Outsourcing Stars Gala 2015. The event will be attended, amon ...
17 open economy
... The increasing interdependence of countries in the world economy has made the problems facing policy makers more difficult. We used to be able to think of the United States as a relatively self-sufficient region. Forty years ago, economic events outside U.S. borders had relatively little effect on i ...
... The increasing interdependence of countries in the world economy has made the problems facing policy makers more difficult. We used to be able to think of the United States as a relatively self-sufficient region. Forty years ago, economic events outside U.S. borders had relatively little effect on i ...
The Relationship between Savings and Growth in South Africa
... monetary sector could be damaging. With the introduction of money balances, agents face the choice of allocating resources not used for consumption either to the purchase of physical capital, or to money balances. Since it is physical investment that is the source of economic growth, if money balan ...
... monetary sector could be damaging. With the introduction of money balances, agents face the choice of allocating resources not used for consumption either to the purchase of physical capital, or to money balances. Since it is physical investment that is the source of economic growth, if money balan ...
b849
... inputs if the price of petroleum increased faster than other input prices. Idle capacity is assumed to exist in each industry. Because of these assumptions, primary factors of production and other inputs are readily available at constant per unit costs, that is, average costs do not change with chan ...
... inputs if the price of petroleum increased faster than other input prices. Idle capacity is assumed to exist in each industry. Because of these assumptions, primary factors of production and other inputs are readily available at constant per unit costs, that is, average costs do not change with chan ...
2004-22
... not benefited all states and territories evenly. It has put in place various regional development strategies and policies aimed at creating more balanced national economic development. A factor perpetuating uneven economic growth has been the regionally skewed distribution of foreign direct investme ...
... not benefited all states and territories evenly. It has put in place various regional development strategies and policies aimed at creating more balanced national economic development. A factor perpetuating uneven economic growth has been the regionally skewed distribution of foreign direct investme ...
Macroeconomic equilibrium
... that, on average, a// prices in the economy have flsen as the firms bid up the prices of the factors of production in order to increase their output. The rise in the pdce level means an increase in costs to firms as the prices of the factors of production (e.g. the prices of Iabour, raw materials, a ...
... that, on average, a// prices in the economy have flsen as the firms bid up the prices of the factors of production in order to increase their output. The rise in the pdce level means an increase in costs to firms as the prices of the factors of production (e.g. the prices of Iabour, raw materials, a ...
The Effects of Technical Change on Labor Market Inequalities
... In this chapter we discuss the recent three decades of data on technology, productivity, and labor market outcomes. In particular, we explore the hypothesis that technological change has affected the labor market in various ways. We argue that (i) there is ample evidence indicating significant capit ...
... In this chapter we discuss the recent three decades of data on technology, productivity, and labor market outcomes. In particular, we explore the hypothesis that technological change has affected the labor market in various ways. We argue that (i) there is ample evidence indicating significant capit ...
PPD Workshop-Paris - Public
... Emergence of Private Sector Bangladesh has successfully moved forward to market economy despite its emergence as a socialistic economy during independence in 1971. Private Sector is becoming a vibrant force in the economy. ...
... Emergence of Private Sector Bangladesh has successfully moved forward to market economy despite its emergence as a socialistic economy during independence in 1971. Private Sector is becoming a vibrant force in the economy. ...
the impact of changes in military expenditures on the washington
... Military spending at installations throughout Washington state and nuclear weapons production at Hanford have long been recognized as important sources of income and jobs for people in Washington. Growth in military contracts for the shipbuilding and aerospace industries located in Washington has al ...
... Military spending at installations throughout Washington state and nuclear weapons production at Hanford have long been recognized as important sources of income and jobs for people in Washington. Growth in military contracts for the shipbuilding and aerospace industries located in Washington has al ...
Transformation in economics
Transformation in economics refers to a long-term change in dominant economic activity in terms of prevailing relative engagement or employment of able individuals.Human economic systems undergo a number of deviations and departures from the ""normal"" state, trend or development. Among them are Disturbance (short-term disruption, temporary disorder), Perturbation (persistent or repeated divergence, predicament, decline or crisis), Deformation (damage, regime change, loss of self-sustainability, distortion), Transformation (long-term change, restructuring, conversion, new “normal”) and Renewal (rebirth, transmutation, corso-ricorso, renaissance, new beginning).Transformation is a unidirectional and irreversible change in dominant human economic activity (economic sector). Such change is driven by slower or faster continuous improvement in sector productivity growth rate. Productivity growth itself is fueled by advances in technology, inflow of useful innovations, accumulated practical knowledge and experience, levels of education, viability of institutions, quality of decision making and organized human effort. Individual sector transformations are the outcomes of human socio-economic evolution.Human economic activity has so far undergone at least four fundamental transformations:From nomadic hunting and gathering (H/G) to localized agricultureFrom localized agriculture (A) to internationalized industryFrom international industry (I) to global servicesFrom global services (S) to public sector (including government, welfare and unemployment, GWU)This evolution naturally proceeds from securing necessary food, through producing useful things, to providing helpful services, both private and public (See H/G→A→I→S→GWU sequence in Fig. 1). Accelerating productivity growth rates speed up the transformations, from millennia, through centuries, to decades of the recent era. It is this acceleration which makes transformation relevant economic category of today, more fundamental in its impact than any recession, crisis or depression. The evolution of four forms of capital (Indicated in Fig. 1) accompanies all economic transformations.Transformation is quite different from accompanying cyclical recessions and crises, despite the similarity of manifested phenomena (unemployment, technology shifts, socio-political discontent, bankruptcies, etc.). However, the tools and interventions used to combat crisis are clearly ineffective for coping with non-cyclical transformations. The problem is whether we face a mere crisis or a fundamental transformation (globalization→relocalization).