Ecotourism and Economic Growth in the Galapagos: An Island
... analysis that predicted that increases in tourism would result in rapid economic as well as demographic growth on the islands. The following six years witnessed sharp growth in tourism; a restructuring of tourism around larger cruise ships and new, larger hotels; and rapid population growth. Our fin ...
... analysis that predicted that increases in tourism would result in rapid economic as well as demographic growth on the islands. The following six years witnessed sharp growth in tourism; a restructuring of tourism around larger cruise ships and new, larger hotels; and rapid population growth. Our fin ...
NBER WORKING PAPER SERIES MILITARY EXPENDITURE, THREATS, AND GROWTH Joshua Aizenman Reuven Glick
... The three columns of Table 1 compare the effects on growth of including our measures of military spending and external threat. Column (1) in Table 1 shows the effect of including only the ratio of military spending to GDP. The estimated coefficient is negative, but is highly insignificant (the p lev ...
... The three columns of Table 1 compare the effects on growth of including our measures of military spending and external threat. Column (1) in Table 1 shows the effect of including only the ratio of military spending to GDP. The estimated coefficient is negative, but is highly insignificant (the p lev ...
Creative Productivity Index: Analysing Creativity and Innovation in Asia
... to the legal or other status of any territory or area. ...
... to the legal or other status of any territory or area. ...
China's Growth Model: Problems and Alternatives
... higher growth rate of aggregate demand -- will call forth increased output (or faster growth in output). In the long-run, additional labor can be obtained by increasing the use-rate of underutilized labor, putting the official or disguised unemployed to work, or in-migration. Investment can be incre ...
... higher growth rate of aggregate demand -- will call forth increased output (or faster growth in output). In the long-run, additional labor can be obtained by increasing the use-rate of underutilized labor, putting the official or disguised unemployed to work, or in-migration. Investment can be incre ...
Impact of Globalization on Entrepreneurship in Developing Countries
... ongoing over the last fifty years, as countries have worked through GATT and the WTO to reduce trade restrictions. In the 1960s and 1970s there was major discussion of the growth of the multinational corporation as businesses changed their reference point from domestic to international (Colander, 20 ...
... ongoing over the last fifty years, as countries have worked through GATT and the WTO to reduce trade restrictions. In the 1960s and 1970s there was major discussion of the growth of the multinational corporation as businesses changed their reference point from domestic to international (Colander, 20 ...
Mozambique Country Report
... coastline, and a geographically well-positioned location to export to burgeoning Asian markets, agriculture has significant potential of driving growth in Mozambique. However, Mozambique's agricultural production is currently facing significant downside risk due to the 2015/16 El Niño episode, and o ...
... coastline, and a geographically well-positioned location to export to burgeoning Asian markets, agriculture has significant potential of driving growth in Mozambique. However, Mozambique's agricultural production is currently facing significant downside risk due to the 2015/16 El Niño episode, and o ...
INDUSTRIAL STRATEGY GREEN PAPER: IPPR NORTH RESPONSE
... properly recognise the importance of social infrastructure. IPPR North has written extensively on key aspects of social infrastructure and their relationship with economic growth, for example: - Education – from early years through to lifelong learning – has significant economic and social value (Co ...
... properly recognise the importance of social infrastructure. IPPR North has written extensively on key aspects of social infrastructure and their relationship with economic growth, for example: - Education – from early years through to lifelong learning – has significant economic and social value (Co ...
University Of Nigeria Nsukka
... Financial development thus involves the establishment and expansion of institutions, instruments and markets that support this investment and growth process through improvements in quantity, quality and efficiency of these financial intermediary services. ...
... Financial development thus involves the establishment and expansion of institutions, instruments and markets that support this investment and growth process through improvements in quantity, quality and efficiency of these financial intermediary services. ...
Executive Secretary Deputy Executive Secretary Economic Commission for Latin America and the Caribbean
... perhaps only natural, by the consequences of the prosperity of the centres. The pendulum swung to the other extreme: no more import substitution, no more mutual trade efforts, our whole future lay in outwardoriented growth and in taking advantage of the markets of the centres” (Prebisch, 1983). Thes ...
... perhaps only natural, by the consequences of the prosperity of the centres. The pendulum swung to the other extreme: no more import substitution, no more mutual trade efforts, our whole future lay in outwardoriented growth and in taking advantage of the markets of the centres” (Prebisch, 1983). Thes ...
NBER WORKING PAPER SERIES TRADE LIBERALIZATION OPENNESS, OUTWARD
... [Ljabels may become slogans. Words such as "liberalization" and "privatization" and "adjustment and growth" may become slogans used by both proponents and opponents of particular courses of action. If this happens, the debate can occur without sufficient refinements and therefore without being reall ...
... [Ljabels may become slogans. Words such as "liberalization" and "privatization" and "adjustment and growth" may become slogans used by both proponents and opponents of particular courses of action. If this happens, the debate can occur without sufficient refinements and therefore without being reall ...
Accumulation Regimes, Endogenous Desired
... rate of capacity utilisation in the macroeconomic structure of Post Keynesian growth models over the relation between income distribution, effective degree of capacity utilisation and economic growth. In order to do so, we will suppose that desired rate of capacity utilisation is a decreasing functi ...
... rate of capacity utilisation in the macroeconomic structure of Post Keynesian growth models over the relation between income distribution, effective degree of capacity utilisation and economic growth. In order to do so, we will suppose that desired rate of capacity utilisation is a decreasing functi ...
NBER WORKING PAPER SERIES MONETARIST INTERPRETATIONS OF THE GREAT DEPRESSION:
... nonmonetarists, seemed until recently a neglected orphan, too young to be worthy of serious study by economic historians but too old to possess the easily accessible Commerce Department quarterly national income data which today's macro-econometricians view as qualifying an era for detailed scrutiny ...
... nonmonetarists, seemed until recently a neglected orphan, too young to be worthy of serious study by economic historians but too old to possess the easily accessible Commerce Department quarterly national income data which today's macro-econometricians view as qualifying an era for detailed scrutiny ...
The Macroeconomics of Scaling Up Aid
... Economic and social conditions in Benin clearly justify a scaling up of aid to make progress towards the MDGs. The recent IMF and World Bank Joint Staff Advisory Note (JSAN)5 indicates that, at the current pace of economic and social progress, Benin would not be able to reach all the MDG targets by ...
... Economic and social conditions in Benin clearly justify a scaling up of aid to make progress towards the MDGs. The recent IMF and World Bank Joint Staff Advisory Note (JSAN)5 indicates that, at the current pace of economic and social progress, Benin would not be able to reach all the MDG targets by ...
AGRICULTURAL SECTOR DEVELOPMENT STRATEGy
... the increase in the productivity of key commodities such as tea, maize, sugar, horticulture, milk and meat each by an average of over 6 percent per annum from 2003 to 2007; and, the revival of most agricultural institutions. While the foundations for these gains are still intact, the growth trend wa ...
... the increase in the productivity of key commodities such as tea, maize, sugar, horticulture, milk and meat each by an average of over 6 percent per annum from 2003 to 2007; and, the revival of most agricultural institutions. While the foundations for these gains are still intact, the growth trend wa ...
PDF
... performance. The average share of GDP from agriculture in Sub-Saharan African countries during the past half century has been more than one-third (WDI, 2011). Even in recent years agricultural production in Sub-Saharan Africa has constituted about a quarter of total GDP and more than half of total e ...
... performance. The average share of GDP from agriculture in Sub-Saharan African countries during the past half century has been more than one-third (WDI, 2011). Even in recent years agricultural production in Sub-Saharan Africa has constituted about a quarter of total GDP and more than half of total e ...
PPT chapter 12 - McGraw Hill Higher Education
... long-run rate of growth? 8. What role does total factor productivity play in promoting longrun growth? 9. What is the Solow paradox? Copyright 2011 McGraw-Hill Australia Pty Ltd PowerPoint slides to accompany Principles of Macroeconomics 3e by Bernanke, Olekalns and Frank ...
... long-run rate of growth? 8. What role does total factor productivity play in promoting longrun growth? 9. What is the Solow paradox? Copyright 2011 McGraw-Hill Australia Pty Ltd PowerPoint slides to accompany Principles of Macroeconomics 3e by Bernanke, Olekalns and Frank ...
The Optimal Use of Public-Good Spending for Macroeconomic
... purchased by other households, who consume the services, and by the government, which provides these services as a public good. Because of matching frictions, households can only sell a fraction of their potential labor services and hence are partly idle, which creates slack. Because of matching cos ...
... purchased by other households, who consume the services, and by the government, which provides these services as a public good. Because of matching frictions, households can only sell a fraction of their potential labor services and hence are partly idle, which creates slack. Because of matching cos ...
Shadow Economies all over the World: New Estimates for 162
... (3) Size of government: general government final consumption expenditures (in percent of GDP, which includes all government current expenditures for purchases of goods and services; positive sign expected), (4) Fiscal freedom, which is a subconent of the Heritage Foundation’s economic freedom index, ...
... (3) Size of government: general government final consumption expenditures (in percent of GDP, which includes all government current expenditures for purchases of goods and services; positive sign expected), (4) Fiscal freedom, which is a subconent of the Heritage Foundation’s economic freedom index, ...
A Level Economics Mark Scheme Unit 2 JAN 2012
... relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the student ...
... relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the student ...
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).