Lecture 1: Managing Capital Flows
... if targets and agendas have been set, year after year, almost all rich nations have constantly failed to reach their agreed obligations of the 0.7% target Instead of 0.7% of GNI, the amount of aid has been around 0.4% (on average), some $100 billion short ...
... if targets and agendas have been set, year after year, almost all rich nations have constantly failed to reach their agreed obligations of the 0.7% target Instead of 0.7% of GNI, the amount of aid has been around 0.4% (on average), some $100 billion short ...
Inflation and Economic Growth in the Philippines
... An interesting study is that of Lim (1987) which is based on the possibility that the working capital cost-push effect may offset the monetarist effect so that inflation may even rise after a reduction in money supply. The increase in inflation is caused by the rise in the interest rate which raises ...
... An interesting study is that of Lim (1987) which is based on the possibility that the working capital cost-push effect may offset the monetarist effect so that inflation may even rise after a reduction in money supply. The increase in inflation is caused by the rise in the interest rate which raises ...
ECF criteria
... available for approved programmes / projects, including: – Financial transfers for the approved programme / project will be done in tranches aligned to the project milestones and minimum ...
... available for approved programmes / projects, including: – Financial transfers for the approved programme / project will be done in tranches aligned to the project milestones and minimum ...
Testing the Bhaduri-Marglin model with OECD panel data
... human capital) – the Kaleckians turn the tables on growth. They claim that if in every short period output is determined by effective demand – which is a fixture of both Kaleckian and Keynesian economics – then there is no reason to believe that this should be different in the long run. 1 The factor ...
... human capital) – the Kaleckians turn the tables on growth. They claim that if in every short period output is determined by effective demand – which is a fixture of both Kaleckian and Keynesian economics – then there is no reason to believe that this should be different in the long run. 1 The factor ...
Beyond cba - RB Rail AS
... • Maps of successive relative accessibility levels (Koopmans and alii): – Difference of each area to the average accessibility level of the country – Rail development increases disparities, induce polarization ...
... • Maps of successive relative accessibility levels (Koopmans and alii): – Difference of each area to the average accessibility level of the country – Rail development increases disparities, induce polarization ...
Essay - Globalisation Effects on China
... impact of international influences on all aspects of life and economic activity. The past 15 years have seen an increase in the four major indicators of globalisation: international trade flows, international financial flows, international investment flows and transfers of technology, and the moveme ...
... impact of international influences on all aspects of life and economic activity. The past 15 years have seen an increase in the four major indicators of globalisation: international trade flows, international financial flows, international investment flows and transfers of technology, and the moveme ...
Economics 102 Spring 2013 Homework #4 Due: 3/18/2013
... you think will happen to labour productivity and marginal labour product? Briefly explain why. Labour productivity and marginal labour product will both be higher when capital stock increases. Intuitively, this is because each worker will have more capital to work with. e) Using the new capital stoc ...
... you think will happen to labour productivity and marginal labour product? Briefly explain why. Labour productivity and marginal labour product will both be higher when capital stock increases. Intuitively, this is because each worker will have more capital to work with. e) Using the new capital stoc ...
World Economic Outlook Update, July 2016: Uncertainty in the
... and lower energy sector investment. The impact of Brexit is projected to be muted for the United States, as lower long-term interest rates and a more gradual path of monetary policy normalization are expected to broadly offset larger corporate spreads, a stronger U.S. dollar, and some decline in con ...
... and lower energy sector investment. The impact of Brexit is projected to be muted for the United States, as lower long-term interest rates and a more gradual path of monetary policy normalization are expected to broadly offset larger corporate spreads, a stronger U.S. dollar, and some decline in con ...
E P CONOMIC ERSPECTIVE
... and related income and spending components. The revisions include more complete data and go back three years. The revised estimates show that the economy was much weaker in 2001 than previously thought. Real GDP increased only 0.3 percent in 2001, and it declined in the first three quarters of the c ...
... and related income and spending components. The revisions include more complete data and go back three years. The revised estimates show that the economy was much weaker in 2001 than previously thought. Real GDP increased only 0.3 percent in 2001, and it declined in the first three quarters of the c ...
Ernesto Hernandez-Cata
... although they remained high; and a mysterious category of “other subsidies” surged. The behavior of state subsidies should be analyzed in historical perspective. Fig. 3 shows how the major types of subsidies evolved over the past two decades. Has monetary policy played a role in stabilization? There ...
... although they remained high; and a mysterious category of “other subsidies” surged. The behavior of state subsidies should be analyzed in historical perspective. Fig. 3 shows how the major types of subsidies evolved over the past two decades. Has monetary policy played a role in stabilization? There ...
Second
... the poorest countries, and proposes that linkages, complementarity, and superstar effects are at the heart of the explanation. First, linkages between firms through intermediate goods deliver a multiplier similar to the one associated with capital accumulation in a neoclassical growth model. ...
... the poorest countries, and proposes that linkages, complementarity, and superstar effects are at the heart of the explanation. First, linkages between firms through intermediate goods deliver a multiplier similar to the one associated with capital accumulation in a neoclassical growth model. ...
UK ECONOMIC FORECAST Q4 2013 BUSINESS WITH coNfIdENcE icaew.com/ukeconomicforecast
... In this latest edition, we have revised up our 2014 economic growth forecast from 2.3% in Q3 2013 to 2.9% this quarter. This robust rate of economic expansion will be supported by the rise in consumer and business confidence seen throughout 2013, feeding through into growth in consumer spending and ...
... In this latest edition, we have revised up our 2014 economic growth forecast from 2.3% in Q3 2013 to 2.9% this quarter. This robust rate of economic expansion will be supported by the rise in consumer and business confidence seen throughout 2013, feeding through into growth in consumer spending and ...
32 Macroeconomic policy in SA since 1994 (2015)
... internal constraints on growth, including insufficient electricity generation capacity and related power disruptions, as well as, prolonged strike actions in mining, manufacturing and postal services. These internal and external factors have combined to limit economic growth performance in the perio ...
... internal constraints on growth, including insufficient electricity generation capacity and related power disruptions, as well as, prolonged strike actions in mining, manufacturing and postal services. These internal and external factors have combined to limit economic growth performance in the perio ...
4. Keynes, Post Keynesian analysis, and the open economies of the
... From 1982 to 1986, the Reagan Administration unwittingly pursued this Keynesian truth by increasing military (public domestic investment) spending and cutting taxes to stimulate consumption without worrying about the economic repercussions on the United States’ trade balance or federal government ...
... From 1982 to 1986, the Reagan Administration unwittingly pursued this Keynesian truth by increasing military (public domestic investment) spending and cutting taxes to stimulate consumption without worrying about the economic repercussions on the United States’ trade balance or federal government ...
PDF
... technology. The production function is homothetically separable in capital and the various types of labor inputs. (A.3) Individuals invest in human capital, which combined with their fixed factors -such as their innate ability level- produce enhanced labor productivity (i.e., higher labor skills) th ...
... technology. The production function is homothetically separable in capital and the various types of labor inputs. (A.3) Individuals invest in human capital, which combined with their fixed factors -such as their innate ability level- produce enhanced labor productivity (i.e., higher labor skills) th ...
PDF
... services and the policy design. Precisely, if the public services are publicly provided public or private goods, lump sum taxation creates high incentives for investment and growth. On the other hand, income taxation leads to higher growth if the public services are subject to congestion. Most model ...
... services and the policy design. Precisely, if the public services are publicly provided public or private goods, lump sum taxation creates high incentives for investment and growth. On the other hand, income taxation leads to higher growth if the public services are subject to congestion. Most model ...
2012 ANNUAL REVIEW - National Auto Auction Association
... The auto auction industry turned an important corner in 2012 with the first increase in unit volume since 2007. This upturn demonstrates the strength and depth of a mature industry that despite various challenges over its seventy five years has proven its resiliency. The National Auto Auction Associ ...
... The auto auction industry turned an important corner in 2012 with the first increase in unit volume since 2007. This upturn demonstrates the strength and depth of a mature industry that despite various challenges over its seventy five years has proven its resiliency. The National Auto Auction Associ ...
Foreign Aid and its Impact on Income Inequality:
... for aid. We have calculated ODA growth rate from data on 'Net official development assistance and official aid received (constant 2007 US$)' obtained from the World Bank Development Indicators (World Bank, 2010). Corruption data is taken from Transparency International‟s annual Corruption Perception ...
... for aid. We have calculated ODA growth rate from data on 'Net official development assistance and official aid received (constant 2007 US$)' obtained from the World Bank Development Indicators (World Bank, 2010). Corruption data is taken from Transparency International‟s annual Corruption Perception ...
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... This paper makes two contributions to the literature on economic benefits of education. First, we develop and analyze more refined measures of educational achievement for workers across U.S. states. These measures allow us to estimate how state growth and development is related to the quality of sc ...
... This paper makes two contributions to the literature on economic benefits of education. First, we develop and analyze more refined measures of educational achievement for workers across U.S. states. These measures allow us to estimate how state growth and development is related to the quality of sc ...
PDF
... substitution, and bias in technical change are shown in appendix 2. A few comments follow on the data. Figure 1 shows data on real GDP, capital stock, labour force and energy consumption for Germany and Kenya. It reveals some problems that arise in using national level time series data for econometr ...
... substitution, and bias in technical change are shown in appendix 2. A few comments follow on the data. Figure 1 shows data on real GDP, capital stock, labour force and energy consumption for Germany and Kenya. It reveals some problems that arise in using national level time series data for econometr ...
Increasing Returns, Decreasing Returns and Regional Economic
... complex process than what the simple dualism between increasing and decreasing returns may help to figure out, with very important implications for policy. ...
... complex process than what the simple dualism between increasing and decreasing returns may help to figure out, with very important implications for policy. ...
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.In economics, ""economic growth"" or ""economic growth theory"" typically refers to growth of potential output, i.e., production at ""full employment"". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic development process particularly in low-income countries.Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.