Economic Development and Diaspora
... strategy. • Women in particular playa key role, functioning simultaneously as employees, children, too, are often expected to contribute. • Transnational business practices rely on family networks. ...
... strategy. • Women in particular playa key role, functioning simultaneously as employees, children, too, are often expected to contribute. • Transnational business practices rely on family networks. ...
Chapter 13
... • An end to growth in living standards • Convergence of living standards between rich and poor countries – but only if they have the same production functions and the same rates of saving and long-run labour force growth • Poor countries will grow faster than those richer countries which have reache ...
... • An end to growth in living standards • Convergence of living standards between rich and poor countries – but only if they have the same production functions and the same rates of saving and long-run labour force growth • Poor countries will grow faster than those richer countries which have reache ...
economic security – new approaches in the context of globalization
... Moreover, globalization had the effect of reducing vulnerability by diversifying suppliers and markets, and the unilateral application of economic sanctions became more difficult, thus diminishing the states’ vulnerability. Furthermore, economic liberalization meant that all governments gave up part ...
... Moreover, globalization had the effect of reducing vulnerability by diversifying suppliers and markets, and the unilateral application of economic sanctions became more difficult, thus diminishing the states’ vulnerability. Furthermore, economic liberalization meant that all governments gave up part ...
Prospects for Reconciling the Conflict between
... 1974), which establishes that species with overlapping niches compete for scarce resources—the quintessential subject matter of economics. Humans have a very broad niche; thus, humans proliferate at the competitive exclusion of nonhuman species (Czech et al. 2000). A modicum of physics is also requi ...
... 1974), which establishes that species with overlapping niches compete for scarce resources—the quintessential subject matter of economics. Humans have a very broad niche; thus, humans proliferate at the competitive exclusion of nonhuman species (Czech et al. 2000). A modicum of physics is also requi ...
Introduction - University of North Florida
... Export externalities are often justified with the historical experience of East Asia More formally, early studies in the 1990s deployed statistical techniques to show that the more open countries are to international trade, the faster their growth in per capita GDP More recent studies based on exten ...
... Export externalities are often justified with the historical experience of East Asia More formally, early studies in the 1990s deployed statistical techniques to show that the more open countries are to international trade, the faster their growth in per capita GDP More recent studies based on exten ...
00-07 From Myth to Metaphor: A Semiological Analysis of the
... Trying to explain what the debate was all about, Harcourt insisted that "There are fundamental issues at stake...divergent views concerning the nature of economic analysis and its relationship to the existing stages, classes and institutions of society are still central to the controversies." (1972, ...
... Trying to explain what the debate was all about, Harcourt insisted that "There are fundamental issues at stake...divergent views concerning the nature of economic analysis and its relationship to the existing stages, classes and institutions of society are still central to the controversies." (1972, ...
OpenStax_Economics_TestBank_ch07_economic_growth
... 5. Several arguments suggest that low-income countries might have an advantage achieving greater worker productivity and economic growth in the future. Offer two such arguments and discuss their relevance. Reference: Explanation: A first argument is based on diminishing marginal returns. Even though ...
... 5. Several arguments suggest that low-income countries might have an advantage achieving greater worker productivity and economic growth in the future. Offer two such arguments and discuss their relevance. Reference: Explanation: A first argument is based on diminishing marginal returns. Even though ...
Chapter_14_How_Economies_Grow_Nov_8_2006
... Chapter 14: How Economies Grow and Develop How do economies develop? How does the economic status of countries and the well-being of their peoples change over time? Most of the macroeconomic theory we have presented so far has assumed that we are talking about an advanced economy similar to the Unit ...
... Chapter 14: How Economies Grow and Develop How do economies develop? How does the economic status of countries and the well-being of their peoples change over time? Most of the macroeconomic theory we have presented so far has assumed that we are talking about an advanced economy similar to the Unit ...
Slide 1
... showing the relation between output and inputs: Y = A F(L, K, H, N) F( ) – a function that shows how inputs are combined to produce output “A” – the level of technology ...
... showing the relation between output and inputs: Y = A F(L, K, H, N) F( ) – a function that shows how inputs are combined to produce output “A” – the level of technology ...
Document
... showing the relation between output and inputs: Y = A F(L, K, H, N) F( ) – a function that shows how inputs are combined to produce output “A” – the level of technology ...
... showing the relation between output and inputs: Y = A F(L, K, H, N) F( ) – a function that shows how inputs are combined to produce output “A” – the level of technology ...
Production and Growth
... Health care expenditure is a type of investment in human capital – healthier workers are more productive. ...
... Health care expenditure is a type of investment in human capital – healthier workers are more productive. ...
Tariffs and Growth in Late Nineteenth Century America
... that in the “free trade” United Kingdom. What about comparing the late nineteenth century “protectionist” United States with the late twentieth century “free trade” United States? Table 2 compares the 43 years after 1870 with the 42 years after 1950. Real per capita income grew slightly more rapidly ...
... that in the “free trade” United Kingdom. What about comparing the late nineteenth century “protectionist” United States with the late twentieth century “free trade” United States? Table 2 compares the 43 years after 1870 with the 42 years after 1950. Real per capita income grew slightly more rapidly ...
The Role of Natural Resources in Economic Development
... human welfare, and thus whether special “compensation rules” are required to ensure that future generations are not made worse off by natural capital depletion today (see Figure 2). These two contrasting views are now generally referred to as weak sustainability versus strong sustainability.2 Accord ...
... human welfare, and thus whether special “compensation rules” are required to ensure that future generations are not made worse off by natural capital depletion today (see Figure 2). These two contrasting views are now generally referred to as weak sustainability versus strong sustainability.2 Accord ...
5. Dynamics of a Small Open Economy y p y
... There is international trade in final output goods and there is borrowing and lending. It is shown that the open open-economy economy version of the Ramsey model leads to a number of paradoxical conclusions. We consider two extensions that can be employed to avoid these ...
... There is international trade in final output goods and there is borrowing and lending. It is shown that the open open-economy economy version of the Ramsey model leads to a number of paradoxical conclusions. We consider two extensions that can be employed to avoid these ...
The Invisible Hand Has No Markets
... and potentially unstable or lacking a single definable equilibrium. The preference for neoclassical models in mainstream economics requires some explanation. After all, it is not entirely clear why, after Classical economists and Marx devoted great effort to explaining the dynamic development of eco ...
... and potentially unstable or lacking a single definable equilibrium. The preference for neoclassical models in mainstream economics requires some explanation. After all, it is not entirely clear why, after Classical economists and Marx devoted great effort to explaining the dynamic development of eco ...
Mankiw 5/e Chapter 8: Economic Growth II
... steady state growth rate of income per person depends solely on the exogenous rate of tech progress the U.S. has much less capital than the Golden Rule steady state 2. Ways to increase the saving rate increase public saving (reduce budget deficit) tax incentives for private saving CHAPTER 8 ...
... steady state growth rate of income per person depends solely on the exogenous rate of tech progress the U.S. has much less capital than the Golden Rule steady state 2. Ways to increase the saving rate increase public saving (reduce budget deficit) tax incentives for private saving CHAPTER 8 ...
UNEXPECTED CONVERGENCE:
... integration that is the cause of the South’s decline.4 The view is expressed in Krugman (1991), and was recently summarized by Baldwin and Martin (1999, p.7 ): At the time before the Industrial Revolution, “..regions are initially identical, so the question which region takes off is a matter of hap ...
... integration that is the cause of the South’s decline.4 The view is expressed in Krugman (1991), and was recently summarized by Baldwin and Martin (1999, p.7 ): At the time before the Industrial Revolution, “..regions are initially identical, so the question which region takes off is a matter of hap ...
Role of the State in Developing Countries: Public Choice versus
... modern public choice school, defined it as: The theory of the public choice is the application and extension of economic theory and economic tools to politics, or governmental choice (Buchanan, 1978; 1979; 1986: Brennan and Buchanan, 1984). A basic assumption of public choice thought is that individ ...
... modern public choice school, defined it as: The theory of the public choice is the application and extension of economic theory and economic tools to politics, or governmental choice (Buchanan, 1978; 1979; 1986: Brennan and Buchanan, 1984). A basic assumption of public choice thought is that individ ...
NBER WORKING PAPER SERIES TARIFFS AND GROWTH IN LATE NINETEENTH CENTURY AMERICA
... interpreted this fact as indicating that protectionism did not have a negative impact for the United States, although he cautions that “the success of the United States was not due entirely to its tariff policy.”2 Historian Alfred Eckes (1995, pp. 50, 56) presents a battery of statistics all of whic ...
... interpreted this fact as indicating that protectionism did not have a negative impact for the United States, although he cautions that “the success of the United States was not due entirely to its tariff policy.”2 Historian Alfred Eckes (1995, pp. 50, 56) presents a battery of statistics all of whic ...
INF
... introducing from one side some conditions: 1) rapid productivity growth 2) dynamic economies of scale 3) modernization of technologies 4) structural change On the other side he defines the necessary characteristics for catching-up: 1) social capability (competences, education, institutions, firms) 2 ...
... introducing from one side some conditions: 1) rapid productivity growth 2) dynamic economies of scale 3) modernization of technologies 4) structural change On the other side he defines the necessary characteristics for catching-up: 1) social capability (competences, education, institutions, firms) 2 ...
Central America Maquiladoras And Their Impact On Economic
... in order to contribute to the analysis of links, logic ...
... in order to contribute to the analysis of links, logic ...
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH IN
... both from and to the investing Japanese firms. Ford et al. (2008), by creating a new stock measure of FDI based on employment, were able to capture the long-term effects of FDI on states receiving it. The endogenous growth model, in which the growth prevailing in the model parameters is explained wi ...
... both from and to the investing Japanese firms. Ford et al. (2008), by creating a new stock measure of FDI based on employment, were able to capture the long-term effects of FDI on states receiving it. The endogenous growth model, in which the growth prevailing in the model parameters is explained wi ...
Engels` Pause: A Pessimist`s Guide to the British Industrial
... difficult problems. In addition, there are particular problems to applying it to the British industrial revolution. Agriculture did not function as source of surplus labour that kept wages down. For one thing it was too small. In 1800 only about 35% of the English work force was in agriculture (Alle ...
... difficult problems. In addition, there are particular problems to applying it to the British industrial revolution. Agriculture did not function as source of surplus labour that kept wages down. For one thing it was too small. In 1800 only about 35% of the English work force was in agriculture (Alle ...
Pleasanton Economic Outlook
... Half of respondents: “U-shaped” -slowness followed by solid growth 31% “V-shaped” -strong rebound 11% “L-shaped” - economy stabilizes at lower level ...
... Half of respondents: “U-shaped” -slowness followed by solid growth 31% “V-shaped” -strong rebound 11% “L-shaped” - economy stabilizes at lower level ...
Uneven and combined development
Uneven and combined development (or unequal and combined development) is a Marxist concept to describe the overall dynamics of human history. It was originally used by the Russian revolutionary Leon Trotsky around the turn of the 20th century, when he was analyzing the developmental possibilities that existed for the economy and civilization in the Russian empire, and the likely future of the Tsarist regime in Russia. It was the basis of his political strategy of permanent revolution, which implied a rejection of the idea that a human society inevitably developed through a uni-linear sequence of necessary ""stages"". Trotsky's ideas matured under the influence of Georg Vollmar's study of a possibility of socialism in one country, as well as John Hobson, Rudolf Hilferding and Vladimir Lenin's studies of imperialism. Also before Trotsky, Nikolay Chernyshevsky and Vasily Vorontsov proposed a similar idea. The concept is still used today by Trotskyists and other Marxists concerned with world politics.