1996 Symposium Proceedings: Achieving Price Stabiltiy
... Argentina, promise to become the driving force for the construction sector. This could touch off a substantial increase in employment, as in Chile after 1984. Lessons of the Argentine experience The main lesson of the Argentine stabilization experience is that the elimination of inflation is possibl ...
... Argentina, promise to become the driving force for the construction sector. This could touch off a substantial increase in employment, as in Chile after 1984. Lessons of the Argentine experience The main lesson of the Argentine stabilization experience is that the elimination of inflation is possibl ...
GLOBALIZATION AND THE CHALLENGES OF THE WORLD
... process of transition, often not paying attention on how it would, in the long-run, influence the economies of those countries, in domestic market the USA have lived on borrowed money in borrowed time. Namely, the overall debt did not spare even America, land of the apparent economic well-being. But ...
... process of transition, often not paying attention on how it would, in the long-run, influence the economies of those countries, in domestic market the USA have lived on borrowed money in borrowed time. Namely, the overall debt did not spare even America, land of the apparent economic well-being. But ...
Unemployment - Baffled Bee
... – Arises from the mismatch of skills and job opportunities as the pattern of labour demand in the economy changes over time – Occupational immobility of labour is a major cause of structural unemployment – labour market failure – Often involves long-term unemployment – Prevalent in regions where ind ...
... – Arises from the mismatch of skills and job opportunities as the pattern of labour demand in the economy changes over time – Occupational immobility of labour is a major cause of structural unemployment – labour market failure – Often involves long-term unemployment – Prevalent in regions where ind ...
CSPs in Kenya
... resources and adequate support for newer partnership models. Particularly, bilateral development agencies have shown interest in these state efforts as they increase their reliance on partnership models where they bring together their government partners with private sector actors, who can support i ...
... resources and adequate support for newer partnership models. Particularly, bilateral development agencies have shown interest in these state efforts as they increase their reliance on partnership models where they bring together their government partners with private sector actors, who can support i ...
Regional Economics - environment-economics
... ratio of capital needed for the creation of an additional unit of wealth In the beginning, a lot of capital investments are needed, which decrease later on. An equivalent s may induce different rates of growth based on the capital intensity of the investment. It maintains a better balance than expor ...
... ratio of capital needed for the creation of an additional unit of wealth In the beginning, a lot of capital investments are needed, which decrease later on. An equivalent s may induce different rates of growth based on the capital intensity of the investment. It maintains a better balance than expor ...
Cuba in Transition: Volume 8
... primary products comes up with a positive coefficient rather than a negative one. To support their argument theoretically, they put forth a growth model in which the output of one sector (the natural resource sector) is fixed to capture the fact that the natural resource is depleted over time. In th ...
... primary products comes up with a positive coefficient rather than a negative one. To support their argument theoretically, they put forth a growth model in which the output of one sector (the natural resource sector) is fixed to capture the fact that the natural resource is depleted over time. In th ...
Economia da Educação - Universidade da Madeira
... Here comes the issue of human capital quality. The lack of human capital quality data in many studies considering the relationship between education and growth may be the biggest challenge in this area of research. The quantity of education is an inadequate measure of human capital differences, sin ...
... Here comes the issue of human capital quality. The lack of human capital quality data in many studies considering the relationship between education and growth may be the biggest challenge in this area of research. The quantity of education is an inadequate measure of human capital differences, sin ...
- Department of External Resources
... and socially responsible corporate and individual citizen behavior standards. The quality of available managerial and human resources in the public sector has deteriorated. Public service delivery mechanism has broken down due to lack of resources and political interference at all levels of operatio ...
... and socially responsible corporate and individual citizen behavior standards. The quality of available managerial and human resources in the public sector has deteriorated. Public service delivery mechanism has broken down due to lack of resources and political interference at all levels of operatio ...
Entrepreneurship for Sustainable Economic Growth in
... The Nigerian economy is one of the most developed economies in Africa. According to the UN classification, Nigeria is a middle-income nation with developed financial, communication and transport sectors. It has the second largest stock exchange in the continent. The petroleum industry is central to ...
... The Nigerian economy is one of the most developed economies in Africa. According to the UN classification, Nigeria is a middle-income nation with developed financial, communication and transport sectors. It has the second largest stock exchange in the continent. The petroleum industry is central to ...
Mitja Košmrl (EC)
... guaranteeing arms-length management and high standards of corporate governance, and • improving bankruptcy procedures, in particular in terms of timeliness and efficiency ...
... guaranteeing arms-length management and high standards of corporate governance, and • improving bankruptcy procedures, in particular in terms of timeliness and efficiency ...
VGF Emerging Markets Growth I, L.P.
... Expectations: Entrepreneurs‘ expectations have normalized to rational entry multiples. Exit markets still growing ...
... Expectations: Entrepreneurs‘ expectations have normalized to rational entry multiples. Exit markets still growing ...
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... surveys, as well as from regular and index-linked government bonds. Market long-term inflation forecasts also continue to be low and stable relative to current inflation in the United States and Europe (Figure 5). These developments are all the more remarkable given that many economies have been eit ...
... surveys, as well as from regular and index-linked government bonds. Market long-term inflation forecasts also continue to be low and stable relative to current inflation in the United States and Europe (Figure 5). These developments are all the more remarkable given that many economies have been eit ...
Education`s Contribution to Sustainable Economic
... analyses. It is considered that the progress of mankind, especially in the last two hundred years, is largely due to education (Stevens & Weale, 2004), and economic growth is directly influenced by both qualitative and quantitative elements of education levels (Schlottmann, 2010). Numerous studies h ...
... analyses. It is considered that the progress of mankind, especially in the last two hundred years, is largely due to education (Stevens & Weale, 2004), and economic growth is directly influenced by both qualitative and quantitative elements of education levels (Schlottmann, 2010). Numerous studies h ...
25 BILLION BLACK ECONOMY CRIPPLING SMEs
... tolerance of black market activities. Turning a blind eye to illegitimate trade is still part of our culture and must change to protect jobs and businesses. A national campaign to inform people of the cost of illicit trade is a priority. The campaign on insurance fraud was reasonably successful and ...
... tolerance of black market activities. Turning a blind eye to illegitimate trade is still part of our culture and must change to protect jobs and businesses. A national campaign to inform people of the cost of illicit trade is a priority. The campaign on insurance fraud was reasonably successful and ...
Employment in the ACT is forecast to grow by 3
... on the first eight months of 1999-2000. The ACT performed better on these indicators than the national average. Economic Strategy As the nation’s capital, Canberra remains linked to the provision of government services to the rest of the country. Consequently, the ACT economy is still affected by mo ...
... on the first eight months of 1999-2000. The ACT performed better on these indicators than the national average. Economic Strategy As the nation’s capital, Canberra remains linked to the provision of government services to the rest of the country. Consequently, the ACT economy is still affected by mo ...
Fundamental Economic Concepts Explain why limited productive
... i. Command (centralized) Economy - the issues of production and distribution are resolved through central planning and control ii. Market (decentralized) Economy - market prices are determined by consumers and producers, all pursuing their own self-interest. iii. Mixed Economy - there are no pure ma ...
... i. Command (centralized) Economy - the issues of production and distribution are resolved through central planning and control ii. Market (decentralized) Economy - market prices are determined by consumers and producers, all pursuing their own self-interest. iii. Mixed Economy - there are no pure ma ...
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... and services their residents want to consume. The small size implies that rural communities cannot produce everything and the requirements of the market to produce efficiently mean that rural areas tend to be specialised in the goods and services they are able to produce and sell. This makes rural e ...
... and services their residents want to consume. The small size implies that rural communities cannot produce everything and the requirements of the market to produce efficiently mean that rural areas tend to be specialised in the goods and services they are able to produce and sell. This makes rural e ...
What is Wealth? - GreenEconomics.net
... • What is measured gets done • What gets counted is valued; What is valued gets counted ...
... • What is measured gets done • What gets counted is valued; What is valued gets counted ...
1 Vineet Kohli Assistant Professor
... fixed investment has taken place in these areas. Increase in health, education and environment has also taken place according to direction of recovery set in the package. In the backdrop of these data, what can be said about the view that the Chinese recovery is unsustainable since it is feeding a d ...
... fixed investment has taken place in these areas. Increase in health, education and environment has also taken place according to direction of recovery set in the package. In the backdrop of these data, what can be said about the view that the Chinese recovery is unsustainable since it is feeding a d ...
Student Study Guide for Chapter 14
... This chapter discusses theories of economic growth, highlighting the Solow growth model and the importance of investment in manufactured capital. It also discusses the role of strong institutions, industrial policy, and human capital as key ingredients to economic growth. The chapter then presents t ...
... This chapter discusses theories of economic growth, highlighting the Solow growth model and the importance of investment in manufactured capital. It also discusses the role of strong institutions, industrial policy, and human capital as key ingredients to economic growth. The chapter then presents t ...
The Stages of Economic Growth Revisited Part II
... experienced by the United Kingdom during the Industrial Revolution — and they contained less than 2 percent of the world’s population. In 1960, in contrast, more than 50 percent of the world’s population lived in countries that had never experienced this sort of sustained growth. Although taking off ...
... experienced by the United Kingdom during the Industrial Revolution — and they contained less than 2 percent of the world’s population. In 1960, in contrast, more than 50 percent of the world’s population lived in countries that had never experienced this sort of sustained growth. Although taking off ...
ECONOMICS & THE BUSINESS ENVIRONMENT FORMATION 1 EXAMINATION - APRIL 2009 NOTES:
... are combined with a fixed factor of production a stage will eventually be reached when margin returns will begin to decline. The short run is defined as a period during which at least one factor of production is fixed in supply and since this law is based on the notion of a fixed factor of productio ...
... are combined with a fixed factor of production a stage will eventually be reached when margin returns will begin to decline. The short run is defined as a period during which at least one factor of production is fixed in supply and since this law is based on the notion of a fixed factor of productio ...
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).