EY Global Job Creation Survey 2016
... jobs involved growing food; today fewer than 2% of people in the developed world work in agriculture. Entrepreneurs are at the forefront of this change, as they disrupt incumbent market leaders and accelerate productivity, replacing sclerotic business models with agile innovations. Schumpeterian eco ...
... jobs involved growing food; today fewer than 2% of people in the developed world work in agriculture. Entrepreneurs are at the forefront of this change, as they disrupt incumbent market leaders and accelerate productivity, replacing sclerotic business models with agile innovations. Schumpeterian eco ...
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
... global economic meltdown. According to Osaze (2000) the Nigerian capital market constitutes 20% of the Gross Domestic Product (GDP) while shares of the banking industry constitute about 60% of the total portfolio; thus making the market significantly exposed to equities. The development of the marke ...
... global economic meltdown. According to Osaze (2000) the Nigerian capital market constitutes 20% of the Gross Domestic Product (GDP) while shares of the banking industry constitute about 60% of the total portfolio; thus making the market significantly exposed to equities. The development of the marke ...
NBER WORKING PAPER SERIffi CAPITAL AND GROWTH: THEORY AND EVIDENCE
... This formulation denies any role for science in producing E. A contrary claim that is sometimes made is that E years in school now produces a worker of higher productivity than E years in school did 100 years ago because of the growth of knowledge and science. Given that the main role of primary and ...
... This formulation denies any role for science in producing E. A contrary claim that is sometimes made is that E years in school now produces a worker of higher productivity than E years in school did 100 years ago because of the growth of knowledge and science. Given that the main role of primary and ...
The impact of the action of public power on economic development
... PhD Student in Economic Sciences, Faculty of Economics and Management of Sousse, Tunisia. Research Laboratory at the Sousse Higher Institute of Management-Tunisia ...
... PhD Student in Economic Sciences, Faculty of Economics and Management of Sousse, Tunisia. Research Laboratory at the Sousse Higher Institute of Management-Tunisia ...
NBER WORKING PAPER SERIES THE COSTS OF FINANCIAL CRISES:
... our assumptions about how this spending is determined, and about how it is valued, can have a large impact on our estimates of welfare. In what follows, we examine two more-or-less polar cases. In both cases, this spending is financed by a combination of exogenously given distortionary taxes on plan ...
... our assumptions about how this spending is determined, and about how it is valued, can have a large impact on our estimates of welfare. In what follows, we examine two more-or-less polar cases. In both cases, this spending is financed by a combination of exogenously given distortionary taxes on plan ...
5th Grade content 42-88
... home mortgages. Manufacturers of everything--from cars to irons--allowed consumers to pay "on time." About 60 percent of all furniture and 75 percent of all radios were purchased on installment plans. In contrast to a Victorian society that had placed a high premium on thrift and saving, the new con ...
... home mortgages. Manufacturers of everything--from cars to irons--allowed consumers to pay "on time." About 60 percent of all furniture and 75 percent of all radios were purchased on installment plans. In contrast to a Victorian society that had placed a high premium on thrift and saving, the new con ...
Gross domestic product (2008-I = 100)
... Gross domestic product can be approached in three ways: from output, from final expenditure and from generation of income. These approaches are covered in the supply and use tables. First, an extensive overview is given of output, that is the production of goods and services. All value added by resi ...
... Gross domestic product can be approached in three ways: from output, from final expenditure and from generation of income. These approaches are covered in the supply and use tables. First, an extensive overview is given of output, that is the production of goods and services. All value added by resi ...
A dominant recessive trend and ... main implications of the current technological trajectories
... Evidence of a paradigm shift in the location of industrial production A tendency to stop the out-shoring of some industries (particularly in the U.S.) explained by: •The gap in labor costs compared to China has been reduced. •Technical change towards greater automation reduces the importance of lab ...
... Evidence of a paradigm shift in the location of industrial production A tendency to stop the out-shoring of some industries (particularly in the U.S.) explained by: •The gap in labor costs compared to China has been reduced. •Technical change towards greater automation reduces the importance of lab ...
Economic Growth in the Southern Cone and Brazil - Inter
... progress thus rendering no effect on these gaps. Apart from technology, our measure of TFP also incorporates the degree to which available factors of production, both physical and human capital, are utilized. This is so because we chose to account for all available capital, i.e. including unutilized ...
... progress thus rendering no effect on these gaps. Apart from technology, our measure of TFP also incorporates the degree to which available factors of production, both physical and human capital, are utilized. This is so because we chose to account for all available capital, i.e. including unutilized ...
PDF
... growth, (Ln′ - Lt′), the less time required to reach the turning point. Thus, if nonfarm employment growth were increased from 4 percent to 5 percent, holding all else constant, the number of years needed to reach the turning point would be reduced from 142 years to 62 years. Hypothetical growth pat ...
... growth, (Ln′ - Lt′), the less time required to reach the turning point. Thus, if nonfarm employment growth were increased from 4 percent to 5 percent, holding all else constant, the number of years needed to reach the turning point would be reduced from 142 years to 62 years. Hypothetical growth pat ...
PDF
... relationship between health and education runs in both directions. Better health prospects may lead to increased interest in education but education also leads to opportunities and choices that result in better health. Traditionally, it is this second aspect of the relationship that has been emphasi ...
... relationship between health and education runs in both directions. Better health prospects may lead to increased interest in education but education also leads to opportunities and choices that result in better health. Traditionally, it is this second aspect of the relationship that has been emphasi ...
Presentación de Florian A. Alburo, en inglés (pdf, 190 Kb.)
... countries included (and excluded) in the calculation, and the price indices. Thus there are many such indices. What is important to remember is that the REER of the Philippines is relevant when compared with the countries that we compete with in other external (and common) markets. A number of the r ...
... countries included (and excluded) in the calculation, and the price indices. Thus there are many such indices. What is important to remember is that the REER of the Philippines is relevant when compared with the countries that we compete with in other external (and common) markets. A number of the r ...
Agricultural Productivity and Growth in Turkey
... problems Professor Celasun underscored. We are aiming to enrich the knowledge content of economic policy discussions in Turkey and arouse researchers’ interest on Turkey’s economic issues. In this line, we have designed the Merih Celasun Award to commemorate Professor Celasun. ...
... problems Professor Celasun underscored. We are aiming to enrich the knowledge content of economic policy discussions in Turkey and arouse researchers’ interest on Turkey’s economic issues. In this line, we have designed the Merih Celasun Award to commemorate Professor Celasun. ...
Unit 3 PPT
... – Results when there are more people seeking jobs in a labor market than there are jobs available at the current wage rate. – Occurs when the wage rate is, for ...
... – Results when there are more people seeking jobs in a labor market than there are jobs available at the current wage rate. – Occurs when the wage rate is, for ...
Housing`s Role in the Slow Recovery
... wealth is, and so large falls in house prices affect middle-income people more than a similar decline in stocks does. Therefore, it is important to avoid severe boom and bust episodes in the housing market in the future. The preventive steps that have been taken since the crisis — stricter regulatio ...
... wealth is, and so large falls in house prices affect middle-income people more than a similar decline in stocks does. Therefore, it is important to avoid severe boom and bust episodes in the housing market in the future. The preventive steps that have been taken since the crisis — stricter regulatio ...
2. Impacts of the global financial crisis and government response
... characteristics such as capital, regional dummies, sector dummies, owner education, and is an error term, and finally subsidy in (3) is an indicator for receiving interest rate subsidy by the government under its stimulus package. The parameter if estimated properly will let us know the impact o ...
... characteristics such as capital, regional dummies, sector dummies, owner education, and is an error term, and finally subsidy in (3) is an indicator for receiving interest rate subsidy by the government under its stimulus package. The parameter if estimated properly will let us know the impact o ...
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).