Globalisation challenge for European Regions
... rather positive for all the EU fundamentals. The second is that this overall impact may hide profound differences among regions and sectors. In particular, the asymmetry of shocks may be worsened by cyclical events as the recent financial and economic crisis making the case for even greater need for ...
... rather positive for all the EU fundamentals. The second is that this overall impact may hide profound differences among regions and sectors. In particular, the asymmetry of shocks may be worsened by cyclical events as the recent financial and economic crisis making the case for even greater need for ...
Human Development - United Nations in Serbia
... day) has fallen from 14.6 in 2002 to 6.6 in 2007. The Government is thus already close to meeting their 2010 target of reducing poverty to 6.5 percent. Yet, a number of people in Serbia belong to the vulnerable part of society (such as Roma, IDPs, refugees, people with disabilities, elderly). Povert ...
... day) has fallen from 14.6 in 2002 to 6.6 in 2007. The Government is thus already close to meeting their 2010 target of reducing poverty to 6.5 percent. Yet, a number of people in Serbia belong to the vulnerable part of society (such as Roma, IDPs, refugees, people with disabilities, elderly). Povert ...
Recent developments in loans to non-financial corporations
... In recent years the annual growth rate of MFI loans to non-financial corporations has remained rather subdued, especially when compared with the growth rates observed between 1999 and 2001. Since mid-2002 the annual growth rate of nominal MFI loans to non-financial corporations has fluctuated in a r ...
... In recent years the annual growth rate of MFI loans to non-financial corporations has remained rather subdued, especially when compared with the growth rates observed between 1999 and 2001. Since mid-2002 the annual growth rate of nominal MFI loans to non-financial corporations has fluctuated in a r ...
ECONOMICS
... A Tale of Two Nations – Inside Edition • In 2010, GDP per capita was US$47,032 for the U.S. and US$4,364 for China. • An average person in the U.S. currently earns about 10 times that an average person earns in China. • Between 2001 and 2010, the U.S. grew at about 1% per year on average while Chin ...
... A Tale of Two Nations – Inside Edition • In 2010, GDP per capita was US$47,032 for the U.S. and US$4,364 for China. • An average person in the U.S. currently earns about 10 times that an average person earns in China. • Between 2001 and 2010, the U.S. grew at about 1% per year on average while Chin ...
Chapter 12 - Hueytown High School
... • GDP does not take into account certain economic activities, such as: Nonmarket Activities GDP does not measure goods and services that people make or do themselves, such as caring for children, mowing lawns, or cooking dinner. Negative Externalities Unintended economic side effects, such as pollut ...
... • GDP does not take into account certain economic activities, such as: Nonmarket Activities GDP does not measure goods and services that people make or do themselves, such as caring for children, mowing lawns, or cooking dinner. Negative Externalities Unintended economic side effects, such as pollut ...
Insert title here - Oswego City Schools
... • GDP does not take into account certain economic activities, such as: Nonmarket Activities GDP does not measure goods and services that people make or do themselves, such as caring for children, mowing lawns, or cooking dinner. Negative Externalities Unintended economic side effects, such as pollut ...
... • GDP does not take into account certain economic activities, such as: Nonmarket Activities GDP does not measure goods and services that people make or do themselves, such as caring for children, mowing lawns, or cooking dinner. Negative Externalities Unintended economic side effects, such as pollut ...
Chapter 9
... This leaves population growth as the only source of growth in aggregate labor hours that is sustainable over time. But although population growth brings growth of real GDP, it does not necessarily bring growth of real GDP per person, i.e., growth of the standard of living, unless labor becomes more ...
... This leaves population growth as the only source of growth in aggregate labor hours that is sustainable over time. But although population growth brings growth of real GDP, it does not necessarily bring growth of real GDP per person, i.e., growth of the standard of living, unless labor becomes more ...
Insert title here
... • GDP does not take into account certain economic activities, such as: Nonmarket Activities GDP does not measure goods and services that people make or do themselves, such as caring for children, mowing lawns, or cooking dinner. Negative Externalities Unintended economic side effects, such as pollut ...
... • GDP does not take into account certain economic activities, such as: Nonmarket Activities GDP does not measure goods and services that people make or do themselves, such as caring for children, mowing lawns, or cooking dinner. Negative Externalities Unintended economic side effects, such as pollut ...
Economics: The Core Issues
... Basic Decisions Production possibilities define the output choices confronting a nation (the three core issues in economics): WHAT to produce HOW to produce FOR WHOM to produce ...
... Basic Decisions Production possibilities define the output choices confronting a nation (the three core issues in economics): WHAT to produce HOW to produce FOR WHOM to produce ...
macro economic framework statement
... allied sector, Industry sector and Service sector during 2010-11 (Q) in the corresponding State GSDP at constant (2004-05) prices were 20.16 per cent, 20.10 per cent and 59.74 per cent respectively. During 201112 (A), the contributions of Agriculture, Industry and Service sectors in the GSDP were 19 ...
... allied sector, Industry sector and Service sector during 2010-11 (Q) in the corresponding State GSDP at constant (2004-05) prices were 20.16 per cent, 20.10 per cent and 59.74 per cent respectively. During 201112 (A), the contributions of Agriculture, Industry and Service sectors in the GSDP were 19 ...
The Seafood Sector in Ireland: An Assessment of the Employment
... The European policy context affecting the seafood sector is extensive. Production of wild fish is regulated at national and EU levels. The Common Fisheries Policy (CFP), formally introduced in 1983, is the European Union’s instrument for the management of fisheries. Aimed at enhancing the sustainabi ...
... The European policy context affecting the seafood sector is extensive. Production of wild fish is regulated at national and EU levels. The Common Fisheries Policy (CFP), formally introduced in 1983, is the European Union’s instrument for the management of fisheries. Aimed at enhancing the sustainabi ...
Long-Run Growth - Faculty Directory | Berkeley-Haas
... Constant Growth in Labor/Population 1. Strong negative correlation between real GDP per capita and fertility. Why? – Parents invest in children for purely economic reasons – Rising opportunity cost – quality of children matters, not quantity – Falling cost of birth control, falling infant mortal ...
... Constant Growth in Labor/Population 1. Strong negative correlation between real GDP per capita and fertility. Why? – Parents invest in children for purely economic reasons – Rising opportunity cost – quality of children matters, not quantity – Falling cost of birth control, falling infant mortal ...
On National Fiscal Policy and Growth
... Unambiguously, one of the most interesting aspects of the recent revival of growth theory is the focus on the long-run effects of economic policy as such are reflected in the wide cross-country dispersion in average rates of growth. Therefore, the role of public policy is central in generating long- ...
... Unambiguously, one of the most interesting aspects of the recent revival of growth theory is the focus on the long-run effects of economic policy as such are reflected in the wide cross-country dispersion in average rates of growth. Therefore, the role of public policy is central in generating long- ...
Mankiw 5/e Chapter 8: Economic Growth II
... Increase incentives for private saving: reduce capital gains tax, corporate income tax, estate tax as they discourage saving replace federal income tax with a consumption tax expand tax incentives for IRAs (individual retirement accounts) and other retirement ...
... Increase incentives for private saving: reduce capital gains tax, corporate income tax, estate tax as they discourage saving replace federal income tax with a consumption tax expand tax incentives for IRAs (individual retirement accounts) and other retirement ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... goods and services that are directly linked with economic growth. So there is a systematic relationship between economic growth and environmental quality, the relationship known as the Environmental Kuznets Curve (EKC), by analogy with the income-inequality relationship postulated by Kuznets. The EK ...
... goods and services that are directly linked with economic growth. So there is a systematic relationship between economic growth and environmental quality, the relationship known as the Environmental Kuznets Curve (EKC), by analogy with the income-inequality relationship postulated by Kuznets. The EK ...
Economic Fluctuations, Unemployment, and Inflation
... decreasing for the past several decades after increasing dramatically in the early 1900s. approximately constant during the last three decades. decreasing since the early 1900s. ...
... decreasing for the past several decades after increasing dramatically in the early 1900s. approximately constant during the last three decades. decreasing since the early 1900s. ...
Mankiw 5/e Chapter 8: Economic Growth II
... Increase incentives for private saving: reduce capital gains tax, corporate income tax, estate tax as they discourage saving replace federal income tax with a consumption tax expand tax incentives for IRAs (individual retirement accounts) and other retirement ...
... Increase incentives for private saving: reduce capital gains tax, corporate income tax, estate tax as they discourage saving replace federal income tax with a consumption tax expand tax incentives for IRAs (individual retirement accounts) and other retirement ...
Short-Term Economic Fluctuations: An Introduction
... Potential Output Potential output or Potential real GDP Full employment output The amount of output (real GDP) that an economy can produce when using its resources, such as capital and labor, at normal rates Grows over time Y* ...
... Potential Output Potential output or Potential real GDP Full employment output The amount of output (real GDP) that an economy can produce when using its resources, such as capital and labor, at normal rates Grows over time Y* ...
The economic impacts of the UK sea fishing and fish processing
... the sea fishing sectors initiates a multiplier process that further affects output and activity both at the regional and national level. Input-output analysis captures the changes in intermediate demand and household expenditure that accompany the initial direct change in activity. Further, in the a ...
... the sea fishing sectors initiates a multiplier process that further affects output and activity both at the regional and national level. Input-output analysis captures the changes in intermediate demand and household expenditure that accompany the initial direct change in activity. Further, in the a ...
The current macroeconomic climate in Denmark
... In a case where an economy is becoming more open while relative wages continue to be larger than the international average with which the country competes and productivity growth is not able to compensate for weak wage competitiveness, it would normally be expected that the economy would encounter e ...
... In a case where an economy is becoming more open while relative wages continue to be larger than the international average with which the country competes and productivity growth is not able to compensate for weak wage competitiveness, it would normally be expected that the economy would encounter e ...
Principles of Microeconomics
... Outputs an economy can produce of two types of goods with existing Technology, using available resources with Efficiency. Efficiency means the economy is getting the most value from its limited production resources. An economy producing any combination of these goods on the PPF is using all its prod ...
... Outputs an economy can produce of two types of goods with existing Technology, using available resources with Efficiency. Efficiency means the economy is getting the most value from its limited production resources. An economy producing any combination of these goods on the PPF is using all its prod ...
Global Competitiveness Report 2013/14
... days to start a business from 43 days to 3 days • The Minister of Finance in his recent budget presentation set a goal to be in the top 30 in 5 years • The question of innovation is now seen as an area for improvement. • Influence government policies regarding education – e.g. GATE • Council for Com ...
... days to start a business from 43 days to 3 days • The Minister of Finance in his recent budget presentation set a goal to be in the top 30 in 5 years • The question of innovation is now seen as an area for improvement. • Influence government policies regarding education – e.g. GATE • Council for Com ...
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).