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S2012029_en.pdf
S2012029_en.pdf

... of technology. Investment in SMEs, both formal and informal, should no longer represent a marginal share of public investment. Such firms account for more than half of the workforce and tend to have very low levels of productivity. SME policy should be tied in with policy geared towards structural c ...
ECONOMIC IMPACTS OF THE WA HISMELT PROJECT: FULL
ECONOMIC IMPACTS OF THE WA HISMELT PROJECT: FULL

A Primer on Economics: `X` Marks the Spot
A Primer on Economics: `X` Marks the Spot

... from which mathematically provable and geometrically demonstrable deductions can be drawn. Thus Thomas Kuhn in his seminal work The Structures of Scientific Revolutions places economics closest of the social sciences to ‘normal science’. Bentham is arguably the most important public policy figure in ...
Economic-Base Theory CHAPTER 3
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Chapter 19 The theory of effective demand

Competitive Advantage in Global Market
Competitive Advantage in Global Market

... As shown by theoretical considerations (Durand, Giorno 1987; Balassa 1965), and empirical material of various researchers (Porter 1990; Rugman, Cruz 1993; Pitel 1999; Boyle 2002; Pouliquen 2001), the comparative advantage theory can be applied to different levels of economic systems, both single bus ...
Shifting to a Green Economy - Stockholm Environment Institute
Shifting to a Green Economy - Stockholm Environment Institute

Working Paper Series - Federal Reserve Bank of Richmond
Working Paper Series - Federal Reserve Bank of Richmond

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Industrias La Constancia: Dynamizing El Salvador`s Economy

SUSTAINABLE DYNAMISM: A Regional Economic Development
SUSTAINABLE DYNAMISM: A Regional Economic Development

The Financial Accelerator in a Quantitative Business Cycle Framework
The Financial Accelerator in a Quantitative Business Cycle Framework

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... the unravelling of an intriguing saga characterised by a major transformation in the economy, especially in trade and industrial and factor market policies, and a dramatic transformation in the political system with the substitution, in 1994, of inclusive democracy for the apartheid regime of racial ...
Optimal Pricing and Return Policies for Perishable Commodities
Optimal Pricing and Return Policies for Perishable Commodities

... (cost of per unit order from the manufacturer), c2 (credit per As unique solution to the equation, different unit there paid isbynothe manufacturer to previous the retailer for returned values for these there decision variables result in different divisions of goods) and R (percentage of the order ...
Formal and informal economies
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... poor and the migrants can be entrepreneurs without the need to be wealthy. In most of the mega-cities of the developing world, as well as some in the advanced economies, snack vending is a highly visible activity that serves a useful social purpose. In the Asian mega-cities, pedicab drivers are a vi ...
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Is capitalism compatible with democracy? Wolfgang Merkel

... liberal democracy is applied, only 60 countries can be classified as liberal rule of lawbased democracies (Merkel 2010). yet, both electoral and liberal democracies coexist with capitalist economies. Historical evidence also confirms that no developed democracy could exist without capitalism. Vice v ...
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PRACTICE ECON 202

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... Eskom, it reduces the need for raising user charges. So in the short term, the economy operates along its business as usual trajectory. However, there are implications for this scenario over the medium to long term. Most importantly, the following issues arise: I Government capitalisation of Eskom e ...
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E C conomic Statistics in ook Islands

... ▪ Semi-centralized statistical system ○ Responsibilities are clearly defined for agencies involved in the production of the Core Set ○ Plans are currently being implemented to improve coordination of production of economic statistics ...
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... ii. Economic Restructuring. Economic restructuring relates to movements of resources from less productive to more productive sectors of the economy. In fact, the various stages of development are associated with restructuring of economies toward higher value added ...
Social Capital, Investment and Economic Growth: Evidence for Spanish Provinces Jesús Peiró-Palomino
Social Capital, Investment and Economic Growth: Evidence for Spanish Provinces Jesús Peiró-Palomino

... the study of social capital is its measurement. As indicated in the preceding paragraphs, several authors have highlighted the difficulties in the measurement because its intangible nature. Two of the measures traditionally used are the trust and associational activity indicators contained in the Wo ...
second year m...s Chao Li - Lund University Publications
second year m...s Chao Li - Lund University Publications

... that small firms or the start ups are the main actors that produce innovations and since small firms have limited financial and social resource and normally are more vulnerable, the cooperation with local actors like other firms and institutions would be crucial for their growth. The quality of the ...
PDF Download
PDF Download

... trend of the Ifo Economic Climate indicator correlates well with the actual business-cycle trend for the euro area – measured in annual growth rates of real GDP (see Figure). The Ifo Economic Climate Indicator for the euro area rose slightly in the first quarter of 2012 after two successive decrease ...
esp09 Katsimi  9675206 en
esp09 Katsimi 9675206 en

... run” has also been recognized by influential studies regarding, for instance, developments in the labour market (e.g. Sachs, 1979; Bruno and Sachs, 1985; Blanchard, 1997). A common thread of these studies is the evolution of factor shares following the oil price shocks in the 1970s and its implicati ...
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Production for use

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristics of socialism initially shared by Marxian socialists, evolutionary socialists, social anarchists and Christian socialists.This principle is broad and can refer to an array of different configurations that vary based on the underlying theory of economics employed. In its classic definition, production for use implied an economic system whereby the law of value and law of accumulation no longer directed economic activity, whereby a direct measure of utility and value is used in place of the abstractions of the price system, money and capital. Alternative conceptions of socialism that don't utilize the profit system such as the Lange model involve the use of a price system and monetary calculation.The central critique of the profits system by socialists is that the accumulation of capital (""making money"") becomes increasingly detached from the process of producing economic value, leading to waste, inefficiency, and social issues. Essentially it is a distortion of proper accounting based on the assertion of the law of value instead of the ""real"" costs of the factors of production, objectively determined outside of social relations.
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