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- Ministry of Trade and Industry
- Ministry of Trade and Industry

Stagflation in the 1930s: Why did the French New Deal Fail?
Stagflation in the 1930s: Why did the French New Deal Fail?

... understanding of France’s economic stagnation after 1936. While almost unknown in the English language literature,5 the Popular Front’s economic policies have been long debated among French economists. Our analysis will broadly confirm the hypothesis in much of this literature that the benefits of d ...
unit 1 the concepts of macroeconomics
unit 1 the concepts of macroeconomics

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... Genuine Progress Indicator (GPI) Conceived in 1995 to measure the genuine progress of the United States. The GPI indicator takes everything the GDP uses into account, but also adds other figures that represent the cost of the negative effects related to economic activity. It nets the positive and n ...
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... tree fruit production in the state. Among all private sector industries, fruit farming ranked third in the county economy in 2007. Tree fruit farming represented over 90% of all fruit farming in that year. Tree fruit production has consistently claimed slightly over 40% of the value of all agricultu ...
a study of business investment in the us post-crisis.
a study of business investment in the us post-crisis.

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THE KNOWLEDGE-BASED ECONOMY: TRENDS AND IMPLICATIONS

... Although technological progress is considered an engine of growth, there is no definition or explanation of technological processes. In new growth theory, knowledge can raise the returns on investment, which can in turn contribute to the accumulation of knowledge. It does this by ...
bachelor of arts in economics
bachelor of arts in economics

... households and firms interacting in markets act as if guided by an “invisible hand.” – Because households and firms look at prices when deciding what to buy and sell, they unknowingly take into account the social costs of their actions. – As a result, prices guide decision makers to reach outcomes t ...
Automatic Stabilizers, Fiscal Rules and Macroeconomic Stability*
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... maximize revenues, given a pre-determined level of its output. Since the commodities and industry output are related through a Constant Elasticity of Transformation (CET) function, the commodity supplies per industry are determined by commodity prices and the industry output. The aggregate supply of ...
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World trade interdependencies: a New ... perspective

... the role of demand in China, Japan, the US, and the euro area. We show how higher demand in one economy affects production in another economy both directly, through its higher demand for final products, and indirectly, via its higher demand for intermediate products and its impact on production and ...
Mankiw 5/e Chapter 8: Economic Growth II
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... Stage 1: Firm 1 produces steel, employing workers and using machines to produce the steel. It sells the steel for $100 to Firm 2, which produces cars. Firm 1 then pays its workers$80, leaving $20 in profit to the firm. Stage 2: Firm 2 buys the steel and uses it, together with workers and machines, t ...
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... examined was above all from a point of view of their effectiveness measured with the amount and the pace of privatization. However to a little extent here an economic and social effectiveness of processes of the privatization was being taken into consideration. ...
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... was one of rapid growth in the U.S. economy and that similar findings may not accrue during periods of stagnation or recession. The findings do, however, support the contention that small firms "incubate" more successfully in urban areas. This is generally attributed to the greater availability and ...
“The text was adapted by The Saylor Foundation under the CC BY
“The text was adapted by The Saylor Foundation under the CC BY

Perfect competition
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PDF - Expert Journal of Economics

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ENLARGING THE VARIETIES OF CAPITALISM The

... features of CMEs and LMEs.28 The main theoretical task of the CME/LME juxtaposition is to explain the marked differences in the comparative advantages of advanced capitalist economies. These advantages are most easily demonstrated by focusing on the different types of innovation processes that are c ...
IOSR Journal of Business and Management (IOSR-JBM)
IOSR Journal of Business and Management (IOSR-JBM)

... The role of capital market in corporate fund mobilization seems insignificant and questionable over the years especially in developing and emerging market economies. Levine and Zervos (1998) used pooled crossed country time series regression of 47 countries from 1976 to 1993 to evaluate whether stoc ...
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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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