Complex Eco-economic Systems
... trawlers. A similar problem will be with aquifers, forests, and rangelands. Once the climbing demand for water surpasses the sustainable yield of aquifers, the water tables begin to fall and wells go dry. The market says drill deeper. Evidence is accumulating that our global economy is undermining ...
... trawlers. A similar problem will be with aquifers, forests, and rangelands. Once the climbing demand for water surpasses the sustainable yield of aquifers, the water tables begin to fall and wells go dry. The market says drill deeper. Evidence is accumulating that our global economy is undermining ...
3 Solow growth model
... depreciation, and hence capital per worker levels off. Saving and capital accumulation on its own, with given technology, cannot explain long-run economic expansion. Evidence Current affairs The US has a very large budget deficit, about 5% of GDP, for as far as the eye can see, with the Administrati ...
... depreciation, and hence capital per worker levels off. Saving and capital accumulation on its own, with given technology, cannot explain long-run economic expansion. Evidence Current affairs The US has a very large budget deficit, about 5% of GDP, for as far as the eye can see, with the Administrati ...
Decomposition of Aggregate Productivity Growth of the Malaysian Manufacturing Sector, 1983-2005
... is significantly supported by exports of manufacturing products, while domestic demand depends on the performance in domestic oriented industries. For instance, electrical and electronic products contributed more than 70.0% of the total manufacturing export (Malaysia, 2006). This reflects that, the ...
... is significantly supported by exports of manufacturing products, while domestic demand depends on the performance in domestic oriented industries. For instance, electrical and electronic products contributed more than 70.0% of the total manufacturing export (Malaysia, 2006). This reflects that, the ...
Alliance position paper Coops and Financing for Development April
... mutuals (banking and insurance), but also in other sectors of the economy such as agriculture, fisheries, industry and services, retail, housing, health, energy and others. ...
... mutuals (banking and insurance), but also in other sectors of the economy such as agriculture, fisheries, industry and services, retail, housing, health, energy and others. ...
Why Was Europe Left at the Station when the American Productivity
... The average American housing unit is more than double the average European unit The land area is at least 4x, maybe more The time cost of commuting may be less when all the delays of public transit are taken into account ...
... The average American housing unit is more than double the average European unit The land area is at least 4x, maybe more The time cost of commuting may be less when all the delays of public transit are taken into account ...
Research on Economy Sustainable Development of Mining Cities of China
... 4 The suggestion on Chinese mining cities’ economy sustainable development According to the analysis (1) The mining cities’ economy sustainable development is decided by economic benefit and economic growth force. The economic benefit has strong relation with the economy sustainable development abil ...
... 4 The suggestion on Chinese mining cities’ economy sustainable development According to the analysis (1) The mining cities’ economy sustainable development is decided by economic benefit and economic growth force. The economic benefit has strong relation with the economy sustainable development abil ...
Financial instability in Latin America Sebastian Edwards 5
... explanation for the region’s perennial fiscal imbalances. Others have become concerned about the possibility of a return of populist policies, such as the ones that were common in the region until the late 1980s.2 At the time of this writing, the general mood with respect to Latin America—a mood that ...
... explanation for the region’s perennial fiscal imbalances. Others have become concerned about the possibility of a return of populist policies, such as the ones that were common in the region until the late 1980s.2 At the time of this writing, the general mood with respect to Latin America—a mood that ...
ECON 102 Tutorial: Week 16
... percent of the capital stock depreciates each year. What would you predict about the future behavior of the capital-labour ratio and average labour productivity in this economy? From parts (a) – (c), we know that: a. gross investment, i = 5,000 b. net investment, Δk = 4,600 c. required investment pe ...
... percent of the capital stock depreciates each year. What would you predict about the future behavior of the capital-labour ratio and average labour productivity in this economy? From parts (a) – (c), we know that: a. gross investment, i = 5,000 b. net investment, Δk = 4,600 c. required investment pe ...
'Australian Capitalism Since 1992: A New Regime of Accumulation?', Journal of Australian Political Economy , No 61, pp 31-56.
... Market Capitalism and Regulatory State Capitalism. This represents a major shift from public to private economic power around the world. The relationship between the state and capital, always one of complex interconnection, has shifted towards the enhancement of private power. There has been a corre ...
... Market Capitalism and Regulatory State Capitalism. This represents a major shift from public to private economic power around the world. The relationship between the state and capital, always one of complex interconnection, has shifted towards the enhancement of private power. There has been a corre ...
Presentazione di PowerPoint
... • A developing area suffers not only shortage of physical capital, but also a mismatch in human capital: the stronger the complementarity between physical and human capital, the wider the gap. This can explain why the relevant production constraints come from the supply side rather than the demand s ...
... • A developing area suffers not only shortage of physical capital, but also a mismatch in human capital: the stronger the complementarity between physical and human capital, the wider the gap. This can explain why the relevant production constraints come from the supply side rather than the demand s ...
ASAD long run
... • The maximum potential output of the economy (with given resources and technology) is known as the ‘full employment’ level of output • All resources are being fully utilised (although there will still be ‘natural unemployment’structural, seasonal and frictional unemployment- more on this later..) ...
... • The maximum potential output of the economy (with given resources and technology) is known as the ‘full employment’ level of output • All resources are being fully utilised (although there will still be ‘natural unemployment’structural, seasonal and frictional unemployment- more on this later..) ...
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
... and working poverty in developing countries. It briefly reviews the reach of the crisis across demographic and social groups, showing its varied effects on the employment and income of women and men, its disproportionate effect on youth and the strain it imposed on various vulnerable groups in terms ...
... and working poverty in developing countries. It briefly reviews the reach of the crisis across demographic and social groups, showing its varied effects on the employment and income of women and men, its disproportionate effect on youth and the strain it imposed on various vulnerable groups in terms ...
NBER WORKING PAPER SERIES WHY CHINA IS LIKELY TO ACHIEVE ITS
... and 1985 was 7.6 percent, and Taiwan-China averaged 7.2 percent over the same period. Even China exceeded its new growth target over the 22-year period from 1980 to 2002, when the achieved growth rate averaged 8.2 percent per annum (Fogel 2004b). So the target set by the leadership is well within th ...
... and 1985 was 7.6 percent, and Taiwan-China averaged 7.2 percent over the same period. Even China exceeded its new growth target over the 22-year period from 1980 to 2002, when the achieved growth rate averaged 8.2 percent per annum (Fogel 2004b). So the target set by the leadership is well within th ...
2015 Quarter 1
... relation to mining taxes were seemingly more in line with industry expectations. That said, the Chamber of Mines remains highly critical of the proposed new legislation and on March 30, warned it could set the industry back 10 years. OPPORTUNITIES ...
... relation to mining taxes were seemingly more in line with industry expectations. That said, the Chamber of Mines remains highly critical of the proposed new legislation and on March 30, warned it could set the industry back 10 years. OPPORTUNITIES ...
Economic Growth and Fish Conservation
... clearer than in the United States where the economy is 85% fossil-fueled. Humans are ultimately limited by such ecosystem goods and services as soil, water, minerals, primary production, renewable and non-renewable fuels, natural pathogen controls, and natural air and water purification. The less ea ...
... clearer than in the United States where the economy is 85% fossil-fueled. Humans are ultimately limited by such ecosystem goods and services as soil, water, minerals, primary production, renewable and non-renewable fuels, natural pathogen controls, and natural air and water purification. The less ea ...
A gazdasági fejlettséget illetően is vegyes képet mutat Európa:
... Contrary to results of the EU-15 dispersions in income levels have grown among the regions in Central-Eastern Europe through time, which means a dynamic divergence, while at national level we can see the evidence of σ-convergence with a relatively high determination coefficient in both cases (the pr ...
... Contrary to results of the EU-15 dispersions in income levels have grown among the regions in Central-Eastern Europe through time, which means a dynamic divergence, while at national level we can see the evidence of σ-convergence with a relatively high determination coefficient in both cases (the pr ...
THE DIFFUSION OF ACTIVITIES
... assuming that there is no technical progress at all and that the level of labour productivity everywhere is given. (To avoid any possible confusion we make the extreme assumption that labour reserves exist in the form of pure unemployment, i.e. there are no other activities in the diffusion-receivin ...
... assuming that there is no technical progress at all and that the level of labour productivity everywhere is given. (To avoid any possible confusion we make the extreme assumption that labour reserves exist in the form of pure unemployment, i.e. there are no other activities in the diffusion-receivin ...
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).