I. INTERNATIONAL DEVELOPMENTS
... transactions that banks conduct on their own behalves and accounts under a distinct legal entity and separation of these transactions from deposit banking activities. In this way, the “universal banking” model that gathers the prevailing investment and deposit banking activities in Europe under one ...
... transactions that banks conduct on their own behalves and accounts under a distinct legal entity and separation of these transactions from deposit banking activities. In this way, the “universal banking” model that gathers the prevailing investment and deposit banking activities in Europe under one ...
The Contributions of Harold G. Vatter
... 1989, 1995, 1997) Interestingly, they concluded that the US has experienced secular stagnation since 1910, with GDP growth averaging 4% per year before that date, but less than 3% from 1910-1990. (W&V 1995) High growth before 1910 could be described as “Keynesian”, that is, led by investment. Howeve ...
... 1989, 1995, 1997) Interestingly, they concluded that the US has experienced secular stagnation since 1910, with GDP growth averaging 4% per year before that date, but less than 3% from 1910-1990. (W&V 1995) High growth before 1910 could be described as “Keynesian”, that is, led by investment. Howeve ...
Supply Chain Managment: Competitive Advantage
... • Decreases operational costs particularly staffing • Reduces payment time cycle • Increase channel strength ...
... • Decreases operational costs particularly staffing • Reduces payment time cycle • Increase channel strength ...
IOSR Journal of Economics and Finance (IOSR-JEF) e-ISSN: 2321-5933, p-ISSN: 2321-5925.
... there by diversifying the economy from over reliance on oil earnings (Osagie, 2004). Developing the Nigeria industrial/manufacturing sector required a concerted effort of government and the private sector to create an environment that would encourage investment, primarily by Nigerians as a firm basi ...
... there by diversifying the economy from over reliance on oil earnings (Osagie, 2004). Developing the Nigeria industrial/manufacturing sector required a concerted effort of government and the private sector to create an environment that would encourage investment, primarily by Nigerians as a firm basi ...
problems faced by informal workers in different sectors in india
... “Home-based workers” refers to the general category of workers, within the informal economy or 'unorganized sector', who carry out remunerative work within their homes. However, the term “home-based work” encompasses a diverse selection of occupations - from agricultural produce processing, sh proce ...
... “Home-based workers” refers to the general category of workers, within the informal economy or 'unorganized sector', who carry out remunerative work within their homes. However, the term “home-based work” encompasses a diverse selection of occupations - from agricultural produce processing, sh proce ...
Mankiw 6e PowerPoints
... exploit geographic differences among countries: 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 incom ...
... exploit geographic differences among countries: 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 incom ...
chapter 9 - Patrick M. Crowley
... exploit geographic differences among countries: 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 incom ...
... exploit geographic differences among countries: 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 incom ...
Tanzania`s Growth Experience Following Economic Reforms
... agricultural sector will shrink, leaving space for expansion of the industrial and service sectors. Indeed as economic development takes place the importance of agriculture drops. This has been well described by Kuznets (1966) and Chenery and Taylor (1968) in their classical works on the evolving st ...
... agricultural sector will shrink, leaving space for expansion of the industrial and service sectors. Indeed as economic development takes place the importance of agriculture drops. This has been well described by Kuznets (1966) and Chenery and Taylor (1968) in their classical works on the evolving st ...
Macro economics 101
... value (i.e. value even if it were not used as money) e.g. gold Flat money – money without intrinsic value that is used as money because of government decree e.g. real money Money supply – quantity of money available in the economy Currency – plastic notes and coins in the hands of the public Current ...
... value (i.e. value even if it were not used as money) e.g. gold Flat money – money without intrinsic value that is used as money because of government decree e.g. real money Money supply – quantity of money available in the economy Currency – plastic notes and coins in the hands of the public Current ...
Diapositiva 1 - University of Verona
... • Government purchases of goods and services include items such as national defense expenditures, costs of road paving by state and local governments, and salaries of government employees • Government also makes transfer payments = payments made to people without their providing a current service in ...
... • Government purchases of goods and services include items such as national defense expenditures, costs of road paving by state and local governments, and salaries of government employees • Government also makes transfer payments = payments made to people without their providing a current service in ...
globalisation and convergence
... for the period 1970-89. Since we are also examining growth over the period 1980-98, we extend the S&W classification to our later period, reclassifying countries as open if S&W report that have been open for a significant number of years since 1980.4 This enables us to check whether the Sachs Warne ...
... for the period 1970-89. Since we are also examining growth over the period 1980-98, we extend the S&W classification to our later period, reclassifying countries as open if S&W report that have been open for a significant number of years since 1980.4 This enables us to check whether the Sachs Warne ...
Reflections on the Role of Agriculture in Pro
... non-ag. increases to 0.18. This suggests that positive spillovers of ag. are stronger when the downstream industries are included in the “rural” economy. By contrast, with food processing in non-LAC developing countries’ ag., average cross-sector growth elasticity falls. Interpretation: in non-L ...
... non-ag. increases to 0.18. This suggests that positive spillovers of ag. are stronger when the downstream industries are included in the “rural” economy. By contrast, with food processing in non-LAC developing countries’ ag., average cross-sector growth elasticity falls. Interpretation: in non-L ...
"Greece`s Financial Crisis: The Politics of Resolution and Reform"
... and economy. The 2009 Corruption Perception Index of Transparency International ranked Greece 71 among 180 states. The ranking itself is less revealing that the score (10= best, 1= worst). Due to the increasing number of states included in the Index, Greece’s rank fluctuated in the years 2001-2008 b ...
... and economy. The 2009 Corruption Perception Index of Transparency International ranked Greece 71 among 180 states. The ranking itself is less revealing that the score (10= best, 1= worst). Due to the increasing number of states included in the Index, Greece’s rank fluctuated in the years 2001-2008 b ...
lseGC_pessoa_performance
... Figure 13: Gross domestic expenditure on R&D (GERD) (% GDP) ...................................... 26 Figure 14: USPTO patents granted, per million of the population .......................................... 26 Figure 15 Investment by UK firms in intangible and tangible assets, 1990-2008 .......... ...
... Figure 13: Gross domestic expenditure on R&D (GERD) (% GDP) ...................................... 26 Figure 14: USPTO patents granted, per million of the population .......................................... 26 Figure 15 Investment by UK firms in intangible and tangible assets, 1990-2008 .......... ...
Economic growth and employment generation in India: I. Introduction
... find that the pressure of external competition (in both exporting and importcompeting sectors) requires them to adopt such technologies. 2 Hence, after external trade has been liberalised, labour productivity growth in developing countries is more or less exogenously given and tends to be higher th ...
... find that the pressure of external competition (in both exporting and importcompeting sectors) requires them to adopt such technologies. 2 Hence, after external trade has been liberalised, labour productivity growth in developing countries is more or less exogenously given and tends to be higher th ...
the statistician`s guide to utopia: the future of growth
... During the last century, population increased by a factor of four, and GDP per capita at least by a factor of five (cf. Tables 1 and 2). World GDP, in result, increased by a factor of at least twenty. Clearly, any descriptive explanation of the rise of the ecological crisis has to take these materia ...
... During the last century, population increased by a factor of four, and GDP per capita at least by a factor of five (cf. Tables 1 and 2). World GDP, in result, increased by a factor of at least twenty. Clearly, any descriptive explanation of the rise of the ecological crisis has to take these materia ...
Module 1: Introduction to micro economics
... *studies business cycles-the ups and downs of unemployment and inflationalong with policies to moderate them. *studies international trade and finance and the impacts of globalization. *looks at growth in developing countries and proposes ways to encourage the efficient use of resources. *Asks how g ...
... *studies business cycles-the ups and downs of unemployment and inflationalong with policies to moderate them. *studies international trade and finance and the impacts of globalization. *looks at growth in developing countries and proposes ways to encourage the efficient use of resources. *Asks how g ...
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).