Gauteng Economic Development Agency
... About GEDA – Core Business • Provide high value business intelligence pertaining to Trade, Investment and Economic Facilitation and Implementation • Provide Trade and Investment Facilitation Services • Enhance the value of local economic development initiatives ...
... About GEDA – Core Business • Provide high value business intelligence pertaining to Trade, Investment and Economic Facilitation and Implementation • Provide Trade and Investment Facilitation Services • Enhance the value of local economic development initiatives ...
Sit Investment 29th Annual Client Workshop
... familiar geopolitical and geoeconomic risks. Accelerating growth and net new job creation are based on the solid revival of a “consumer economy” with surging sales of new cars and trucks, consumer electronics, household appliances and furnishings, eating out, entertainment, recreation, travel, healt ...
... familiar geopolitical and geoeconomic risks. Accelerating growth and net new job creation are based on the solid revival of a “consumer economy” with surging sales of new cars and trucks, consumer electronics, household appliances and furnishings, eating out, entertainment, recreation, travel, healt ...
Nebraska Monthly Economic Indicators: January 15, 2016
... 2015. The change in the overall LEI–N is the weighted average of changes in each component (see page 5). Among individual components, there was another significant increase in the value of the U.S. dollar during December. This is a negative for Nebraska’s export-oriented businesses in manufacturing ...
... 2015. The change in the overall LEI–N is the weighted average of changes in each component (see page 5). Among individual components, there was another significant increase in the value of the U.S. dollar during December. This is a negative for Nebraska’s export-oriented businesses in manufacturing ...
Foreign Direct Investment and Its Impact on Employment in
... across the 30 percent level (World Investment Report, 1999).On the three broad sectors primary, manufacturing and services- FDI inside primary sectors has fallen, which can be a in services has risen for both developing and civilized world from the 1990s (World Investment Report, 1999). Regarding de ...
... across the 30 percent level (World Investment Report, 1999).On the three broad sectors primary, manufacturing and services- FDI inside primary sectors has fallen, which can be a in services has risen for both developing and civilized world from the 1990s (World Investment Report, 1999). Regarding de ...
President’s Report Board Directors
... Data since your last Directors' meeting show the economy grew in the fourth quarter at its slowest pace in three years, following strong growth in the third quarter. The increase in real GDP in the fourth quarter was due primarily to private inventory investment, personal consumption expenditures, e ...
... Data since your last Directors' meeting show the economy grew in the fourth quarter at its slowest pace in three years, following strong growth in the third quarter. The increase in real GDP in the fourth quarter was due primarily to private inventory investment, personal consumption expenditures, e ...
Mankiw 6e PowerPoints
... Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be used to isolate the impact of trade on income. ...
... Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be used to isolate the impact of trade on income. ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... This does not mean that the developing countries have no short-run problem of aggregate demand. They do, and they need the Keynesian tools to keep their existing productive capacity as fully utilized as possible, without undue inflationary pressure. However, their crucial problem is to enlarge that ...
... This does not mean that the developing countries have no short-run problem of aggregate demand. They do, and they need the Keynesian tools to keep their existing productive capacity as fully utilized as possible, without undue inflationary pressure. However, their crucial problem is to enlarge that ...
Facts of Growth
... Decreasing returns to capital: increases in capital, given labor, lead to smaller and smaller increases in output as the level of capital increases. • The same worker using bigger and bigger shovels will dig deeper and faster... but the hole won’t increase in proportion to the increased sizes of ...
... Decreasing returns to capital: increases in capital, given labor, lead to smaller and smaller increases in output as the level of capital increases. • The same worker using bigger and bigger shovels will dig deeper and faster... but the hole won’t increase in proportion to the increased sizes of ...
International Business: Strategy, Management, and the New Realities
... • The cost of computer processing fell by 30 percent per year during the past two decades, and continues to fall. • The remarkable performance of the U.S. economy in the 1990s was due in large part to aggressive integration of IT into firms’ value-chain activities, which accounted for 45 percent of ...
... • The cost of computer processing fell by 30 percent per year during the past two decades, and continues to fall. • The remarkable performance of the U.S. economy in the 1990s was due in large part to aggressive integration of IT into firms’ value-chain activities, which accounted for 45 percent of ...
CH 8 - Cameron University
... Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be used to isolate the impact of trade on income. ...
... Some nations trade less because they are farther from other nations, or landlocked. Such geographical differences are correlated with trade but not with other determinants of income. Hence, they can be used to isolate the impact of trade on income. ...
How and when did Germany catch up to Great Britain and the
... trends from the pre-World War I period: Had both German and British aggregate productivity continued to grow at their average pre-war trends, Germany would have caught up to Britain already by the mid-1930s, not just in the 1960s. What prevented this from happening was not just Germany’s delayed rec ...
... trends from the pre-World War I period: Had both German and British aggregate productivity continued to grow at their average pre-war trends, Germany would have caught up to Britain already by the mid-1930s, not just in the 1960s. What prevented this from happening was not just Germany’s delayed rec ...
"Revisiting the Debate over Import-substituting vs. Export
... scrutiny reveals that the first argument is grossly exaggerated and the ‘export pessimism’ view has been proved to be unfounded. The argument justifying protection of infant industry on the ground of the high cost at the initial stage is not a sufficient ground for protection. As long as the initial ...
... scrutiny reveals that the first argument is grossly exaggerated and the ‘export pessimism’ view has been proved to be unfounded. The argument justifying protection of infant industry on the ground of the high cost at the initial stage is not a sufficient ground for protection. As long as the initial ...
New empirical insights into the growth effects of
... (3.16 per cent)2. All in all we observe clear signs of absolute convergence taking place at the level of Member States which translates into catching-up by initially less wealthy economies. However, at the same time we have to note following Puga (2001) that despite large regional policy expenditure ...
... (3.16 per cent)2. All in all we observe clear signs of absolute convergence taking place at the level of Member States which translates into catching-up by initially less wealthy economies. However, at the same time we have to note following Puga (2001) that despite large regional policy expenditure ...
Lecture 7: Macro: Growth of the National Economy
... • Brief decline of economy = Recession – Two consecutive quarters (3-month periods) of declining GDP – A period when business production, employment and earnings fall below levels that the economy is capable of achieving ...
... • Brief decline of economy = Recession – Two consecutive quarters (3-month periods) of declining GDP – A period when business production, employment and earnings fall below levels that the economy is capable of achieving ...
Central Economic Planning and India`s Economic Performance
... post-1991 market reforms and an eminent critic of India’s experiment with planning, holds the same view. Over the years, he has argued that India’s planning apparatus instituted an inefficient policy framework that stifled productivity and innovation (Bhagwati and Desai 1970; Bhagwati and Srinivasan ...
... post-1991 market reforms and an eminent critic of India’s experiment with planning, holds the same view. Over the years, he has argued that India’s planning apparatus instituted an inefficient policy framework that stifled productivity and innovation (Bhagwati and Desai 1970; Bhagwati and Srinivasan ...
Document
... Curve AA in Figure 17.3: combinations of gA and gK for which gA is constant over time. Slope of AA is (1-)/, which is ambiguous in sign. Figure assumes that < 1, so that the slope is positive. Above (below) AA, gA is rising (falling). (9) exhibits constant returns to scale in K and A. Thus wheth ...
... Curve AA in Figure 17.3: combinations of gA and gK for which gA is constant over time. Slope of AA is (1-)/, which is ambiguous in sign. Figure assumes that < 1, so that the slope is positive. Above (below) AA, gA is rising (falling). (9) exhibits constant returns to scale in K and A. Thus wheth ...
NBER WORKING PAPER SERIES CAN IT BE JAPAN’S SAVIOR Fumio Hayashi Koji Nomura
... weighted averages of the growth rates of individual capital stocks. The weights are the value shares for the capital stock and the user-cost shares for capital services. The difference can be substantial when non-IT capital and IT capital are to be aggregated. IT capital’s user cost is much higher ...
... weighted averages of the growth rates of individual capital stocks. The weights are the value shares for the capital stock and the user-cost shares for capital services. The difference can be substantial when non-IT capital and IT capital are to be aggregated. IT capital’s user cost is much higher ...
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).