National Recovery Plan 2011-2014 Brochure
... Specific expenditure measures announced in Budget 2011 include… • 4% reduction in working age rates of social welfare payments • Reduction in child benefit rates • Additional 15,000 activation places and supports for the unemployed • Maximum salary rate introduced for public sector • Public service ...
... Specific expenditure measures announced in Budget 2011 include… • 4% reduction in working age rates of social welfare payments • Reduction in child benefit rates • Additional 15,000 activation places and supports for the unemployed • Maximum salary rate introduced for public sector • Public service ...
Diminishing returns to capital - McGraw
... • Economic stagnation followed – Social system limited entrepreneurship – Emperor retained property rights to business • Seizure possible without notice ...
... • Economic stagnation followed – Social system limited entrepreneurship – Emperor retained property rights to business • Seizure possible without notice ...
Title
... level of technological development is reached. •Computers are useless without electricity network •Bullet trains are not needed in a country with no railroads In case the South is not sufficiently developed to adopt the Northern technologies, the A in the South will be lower. However, if the North m ...
... level of technological development is reached. •Computers are useless without electricity network •Bullet trains are not needed in a country with no railroads In case the South is not sufficiently developed to adopt the Northern technologies, the A in the South will be lower. However, if the North m ...
Trade and related policies for decent rural employment
... • intra-African trade reduces youth unemployment in Africa, with secondary education, economic growth, institutionalized democracy, and greater investment rates also contributing positively to this effect.5 ...
... • intra-African trade reduces youth unemployment in Africa, with secondary education, economic growth, institutionalized democracy, and greater investment rates also contributing positively to this effect.5 ...
Germany: From the „Sick man of Europe“ to the „New German Miracle“
... ` Introduce “Hartz IV” = means tested fixed unemployment assistance (depending not on former income, but on social minimum, depending on family size) ...
... ` Introduce “Hartz IV” = means tested fixed unemployment assistance (depending not on former income, but on social minimum, depending on family size) ...
Press Release
... feature highlighting this economic opportunity. California leads the nation with the most capacity installed and the highest number of small and large battery projects, but the market remains largely untapped. Following nationwide trends, investment in this sector dropped between 2012 and 2013, thou ...
... feature highlighting this economic opportunity. California leads the nation with the most capacity installed and the highest number of small and large battery projects, but the market remains largely untapped. Following nationwide trends, investment in this sector dropped between 2012 and 2013, thou ...
WOOHOO! finished first outcome (1a)
... Factors Affecting AS In very general terms, AS is affected by the profitability of production, the cost of production and the way in which productive resources are allocated. It is important that you understand what each of these things means, and be able to provide some specific examples. ...
... Factors Affecting AS In very general terms, AS is affected by the profitability of production, the cost of production and the way in which productive resources are allocated. It is important that you understand what each of these things means, and be able to provide some specific examples. ...
Having good notes is not enough
... increases in capital: increase capital by investment equally important: physical capital, tools buildings machines human capital -- tools people have in their head, skills, education, experiences, learned abilities Secondary causes: property rights Stable government open economy's in all three of th ...
... increases in capital: increase capital by investment equally important: physical capital, tools buildings machines human capital -- tools people have in their head, skills, education, experiences, learned abilities Secondary causes: property rights Stable government open economy's in all three of th ...
wage and employment effects of trade policy reform
... Despite various trade policy reforms introduced by the government over the years, Nigeria’s Manufacturing sector experienced: Fall in real output and wage as well as unstable rate of growth of employment The rate of import dependency increased While the contribution of the sector to exports and ...
... Despite various trade policy reforms introduced by the government over the years, Nigeria’s Manufacturing sector experienced: Fall in real output and wage as well as unstable rate of growth of employment The rate of import dependency increased While the contribution of the sector to exports and ...
Principles of Economics (5th Edition) by Karl Case & Ray Fair
... is the dollar value of all final goods and services produced. Final good: a product which is ready to be used by consumers ...
... is the dollar value of all final goods and services produced. Final good: a product which is ready to be used by consumers ...
IV. Economic Indicators Learning objective 5 Discuss the three
... 3. GROSS NATIONAL PRODUCT (GNP) is similar to GDP, but only counts Americans producing products in the country, not other foreign nationals. 4. A major influence on the growth of GDP is how productive the work force is. 5. The total U.S. GDP in 2006 was over $13 trillion. C. Unemployment 1. The UNEM ...
... 3. GROSS NATIONAL PRODUCT (GNP) is similar to GDP, but only counts Americans producing products in the country, not other foreign nationals. 4. A major influence on the growth of GDP is how productive the work force is. 5. The total U.S. GDP in 2006 was over $13 trillion. C. Unemployment 1. The UNEM ...
External Environment (Unit 1.5)
... o Government legislation ( such as employment law, consumer protection rights, copyright and trademark regulations) defines the boundaries in which business can operate. o The political and economic stability of a country can be affected by taxation and interest rate policies. ...
... o Government legislation ( such as employment law, consumer protection rights, copyright and trademark regulations) defines the boundaries in which business can operate. o The political and economic stability of a country can be affected by taxation and interest rate policies. ...
South Carolina Polarized opportunity ›Government jobs
... 2010, and it peaked at 11.8 percent in November and December of 2009. Total real GDP declined to $141.4 billion between 2008 and 2009, and though it climbed to $145.1 billion in 2010, it has yet to regain its pre-recession level. South Carolina’s 2010 per capita real GDP, at $31,400, was the third-l ...
... 2010, and it peaked at 11.8 percent in November and December of 2009. Total real GDP declined to $141.4 billion between 2008 and 2009, and though it climbed to $145.1 billion in 2010, it has yet to regain its pre-recession level. South Carolina’s 2010 per capita real GDP, at $31,400, was the third-l ...
Presentation to the Financial Women’s Association of San Francisco
... its nature a public good. Once it is gained, it can be reproduced at relatively little cost. As a result, the private sector tends to underinvest in creating new knowledge because businesses don’t take into account the full benefits to society. Instead, they are focused on the direct profits it pro ...
... its nature a public good. Once it is gained, it can be reproduced at relatively little cost. As a result, the private sector tends to underinvest in creating new knowledge because businesses don’t take into account the full benefits to society. Instead, they are focused on the direct profits it pro ...
Madagascar - Credit Guarantee
... completing the transition process and restoring constitutional order. Tourism, one of the major GDP contributors dropped 50% during the political crisis. Furthermore government curbed essential services such as education, health care and water which pushed the country further into poverty. According ...
... completing the transition process and restoring constitutional order. Tourism, one of the major GDP contributors dropped 50% during the political crisis. Furthermore government curbed essential services such as education, health care and water which pushed the country further into poverty. According ...
1996-1998 lessons and accomplishments
... achievements in each of the areas targeted by the program. • Reconstruction of physical assets has been the most highly successful aspect of the program, with most bottlenecks in infrastructure removed, and many community and other services restored. • The reconstruction effort – including targeted ...
... achievements in each of the areas targeted by the program. • Reconstruction of physical assets has been the most highly successful aspect of the program, with most bottlenecks in infrastructure removed, and many community and other services restored. • The reconstruction effort – including targeted ...
... In 2014, the Dominican external sector mirrored developments in the international economy, especially the gradual economic recovery in the United States. Total exports rose by 5.3%, down slightly from 5.5% in 2013. That growth was fuelled largely by significant increases in exports of gold and silve ...
Answers to Sample Short Free-Response Questions
... 1. In the 1960s many newspaper reporters were accustomed to reporting a decrease in the unemployment rate when the overall price level increased. However, in the 1970s, when increases in the overall price level were accompanied by increases, not decreases, in the unemployment rate, some reporters we ...
... 1. In the 1960s many newspaper reporters were accustomed to reporting a decrease in the unemployment rate when the overall price level increased. However, in the 1970s, when increases in the overall price level were accompanied by increases, not decreases, in the unemployment rate, some reporters we ...
Pacific Islands
... Fiji’s economy contracted by 2.5% in 2009 due to a combination of severe flooding at the beginning of the year, declining tourism arrivals and reduced earnings from sugar exports. The 20% devaluation of the Fijian dollar in April 2009 partly offset the decline in the EU sugar price, while leading ...
... Fiji’s economy contracted by 2.5% in 2009 due to a combination of severe flooding at the beginning of the year, declining tourism arrivals and reduced earnings from sugar exports. The 20% devaluation of the Fijian dollar in April 2009 partly offset the decline in the EU sugar price, while leading ...
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).