Five Years After the Fall: The Governance Legacies of the Global
... development as his case study, Carin has clearly identified a policy area where new constituencies and mechanisms are both essential, at least with respect to global warming. Carin makes a spirited defence of the idea that global public goods require global public financing. He invites readers to “t ...
... development as his case study, Carin has clearly identified a policy area where new constituencies and mechanisms are both essential, at least with respect to global warming. Carin makes a spirited defence of the idea that global public goods require global public financing. He invites readers to “t ...
Creative Destruction and Firm Organization Choice
... All French Establishments of more than twenty employees except in Household Services, Health Care, and Education. Employment is measured in terms of distinct individuals. Skill measure is derived from the detailed French socioprofessional classification and depends on education level and experience. ...
... All French Establishments of more than twenty employees except in Household Services, Health Care, and Education. Employment is measured in terms of distinct individuals. Skill measure is derived from the detailed French socioprofessional classification and depends on education level and experience. ...
Aggregate Measures of Income and Output in Canada and the
... aggregate measures of income and product (gross domestic product, gross domestic income, gross national product, gross national income, net domestic product, net domestic income, net national product and net national income) for Canada and the United States over the 1980-2008 period. The article als ...
... aggregate measures of income and product (gross domestic product, gross domestic income, gross national product, gross national income, net domestic product, net domestic income, net national product and net national income) for Canada and the United States over the 1980-2008 period. The article als ...
World Economic Situation and Prospects 2016
... diminishing productivity growth; and a continued disconnect between finance and real sector activities. A modest improvement is expected to start next year, with global growth reaching 2.9 per cent and 3.2 per cent in 2016 and 2017, respectively. The anticipated timing and pace of normalization of t ...
... diminishing productivity growth; and a continued disconnect between finance and real sector activities. A modest improvement is expected to start next year, with global growth reaching 2.9 per cent and 3.2 per cent in 2016 and 2017, respectively. The anticipated timing and pace of normalization of t ...
2016 World Economic Situation
... diminishing productivity growth; and a continued disconnect between finance and real sector activities. A modest improvement is expected to start next year, with global growth reaching 2.9 per cent and 3.2 per cent in 2016 and 2017, respectively. The anticipated timing and pace of normalization of t ...
... diminishing productivity growth; and a continued disconnect between finance and real sector activities. A modest improvement is expected to start next year, with global growth reaching 2.9 per cent and 3.2 per cent in 2016 and 2017, respectively. The anticipated timing and pace of normalization of t ...
Avoiding the Trap: The Dynamic Interaction of North
... N&P). Our study deals with the question, whether market forces enable international transfer of capital and embodied technologies in such a way that the technology growth rate a developing country catches up with the growth rate of an industrialized country and that the technology gap narrows. If t ...
... N&P). Our study deals with the question, whether market forces enable international transfer of capital and embodied technologies in such a way that the technology growth rate a developing country catches up with the growth rate of an industrialized country and that the technology gap narrows. If t ...
Global cities, glocal states: global city formation and state territorial
... hypothesis that exible production systems are among the new ‘leading edges’ of contemporary capitalist development. The propulsive growth industries of global cities are, above all, the producer and nancial services sectors that serve the command and control requirements of transnational capital – ...
... hypothesis that exible production systems are among the new ‘leading edges’ of contemporary capitalist development. The propulsive growth industries of global cities are, above all, the producer and nancial services sectors that serve the command and control requirements of transnational capital – ...
The Formation and Development Trends of the Consulting Market in... Mediterranean Journal of Social Sciences Ilshat T. Sabirov MCSER Publishing, Rome-Italy
... advisory services especially was growing in the pre-crisis period and reached 0.3% in 2008. However, in the post-crisis period, this rate decreased to 0.19%. The use of the indicator of the level of coverage by GDP consulting services allows a more comprehensive assessment of the role and the import ...
... advisory services especially was growing in the pre-crisis period and reached 0.3% in 2008. However, in the post-crisis period, this rate decreased to 0.19%. The use of the indicator of the level of coverage by GDP consulting services allows a more comprehensive assessment of the role and the import ...
Table 4: Estimating Real Consumption as a Function of Consumer
... unexploited data to investigate this link and present evidence that earlier changes in consumer confidence can be found by examining areas where a high percentage of total employment is found in the manufacturing sector. These findings lend support to the school of thought which posits that confiden ...
... unexploited data to investigate this link and present evidence that earlier changes in consumer confidence can be found by examining areas where a high percentage of total employment is found in the manufacturing sector. These findings lend support to the school of thought which posits that confiden ...
Input-Output Models for Impact Analysis:
... The literature on the use and misuse of regional multipliers and models is extensive. Coughlin and Mandelbaum (1991) provide an accessible introduction to regional I-O multipliers. They note that key limitations of regional I-O multipliers include the accuracy of leakage measures, the emphasis on s ...
... The literature on the use and misuse of regional multipliers and models is extensive. Coughlin and Mandelbaum (1991) provide an accessible introduction to regional I-O multipliers. They note that key limitations of regional I-O multipliers include the accuracy of leakage measures, the emphasis on s ...
The Effects of Natural Disasters on Long Run Growth Aaron Popp
... Human capital accumulation positively affects economic growth in most circumstances. If the technology embodied in the physical capital of an economy is sophisticated, then investment in human capital will yield higher productivity. Investment in human capital yields more educated, competent workers ...
... Human capital accumulation positively affects economic growth in most circumstances. If the technology embodied in the physical capital of an economy is sophisticated, then investment in human capital will yield higher productivity. Investment in human capital yields more educated, competent workers ...
Public Sector Stability and Balance of Payments Crisis
... economy an increase in the budget deficit leads to an increase in interest rates. The increase in interest rates induces capital inflows leading to an appreciation of domestic currency. A twin deficits situation arises as the appreciation deteriorates net exports and, in turn, worsens the current ac ...
... economy an increase in the budget deficit leads to an increase in interest rates. The increase in interest rates induces capital inflows leading to an appreciation of domestic currency. A twin deficits situation arises as the appreciation deteriorates net exports and, in turn, worsens the current ac ...
Theme Chapter Final Cover.cdr
... workers derive their incomes from their labor. Poverty reduction, therefore, requires improving the labor market opportunities that workers face. In this regard, the region’s policymakers face two main challenges. First, the region’s labor markets are characterized by considerable underutilization o ...
... workers derive their incomes from their labor. Poverty reduction, therefore, requires improving the labor market opportunities that workers face. In this regard, the region’s policymakers face two main challenges. First, the region’s labor markets are characterized by considerable underutilization o ...
Public Sector Stability and Balance of Payments Crises in Selected
... economy an increase in the budget deficit leads to an increase in interest rates. The increase in interest rates induces capital inflows leading to an appreciation of domestic currency. A twin deficits situation arises as the appreciation deteriorates net exports and, in turn, worsens the current ac ...
... economy an increase in the budget deficit leads to an increase in interest rates. The increase in interest rates induces capital inflows leading to an appreciation of domestic currency. A twin deficits situation arises as the appreciation deteriorates net exports and, in turn, worsens the current ac ...
Gross Domestic Product Preliminary Estimate, Quarter 3 (July to Sept)
... Change in GDP is the main indicator of economic growth. The preliminary estimate of GDP is based solely on the output approach to measuring GDP and uses the same data that feed into the Index of Services, Index of Production and Output in the Construction Industry datasets. The growth estimates with ...
... Change in GDP is the main indicator of economic growth. The preliminary estimate of GDP is based solely on the output approach to measuring GDP and uses the same data that feed into the Index of Services, Index of Production and Output in the Construction Industry datasets. The growth estimates with ...
Free Full text
... Senegal has experienced a relatively long period of macroeconomic stability, but its per capita GDP growth has been low. In response to the unsatisfactory growth performance, a new development strategy, the Plan Sénégal Emergent (PSE), was adopted in early 2014. The PSE is based on three pillars (PS ...
... Senegal has experienced a relatively long period of macroeconomic stability, but its per capita GDP growth has been low. In response to the unsatisfactory growth performance, a new development strategy, the Plan Sénégal Emergent (PSE), was adopted in early 2014. The PSE is based on three pillars (PS ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... United Kingdom,” by Karen Wilson, provides a comparison among three systems of national accounts that implement the United Nations SNA. These systems are organized around the supply and use framework employed in constructing input-output accounts. Financial accounts and balance sheets are an integra ...
... United Kingdom,” by Karen Wilson, provides a comparison among three systems of national accounts that implement the United Nations SNA. These systems are organized around the supply and use framework employed in constructing input-output accounts. Financial accounts and balance sheets are an integra ...
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).