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Introduction to Management and Organisational Behaviour
... different the pro-growth aspects of European integration. • These operate in a way that is fundamentally different from the way allocation effects operate. • They operate by changing the rate at which new factors of production – mainly capital – are accumulated, i.e. the name ‘accumulation effects’. ...
... different the pro-growth aspects of European integration. • These operate in a way that is fundamentally different from the way allocation effects operate. • They operate by changing the rate at which new factors of production – mainly capital – are accumulated, i.e. the name ‘accumulation effects’. ...
Access to Knowledge - The Jurisdynamics Network
... • Scale, scope carry their own temptations – Norman’s “paradox of technology” applies – Cleverly designed analysis minimizes apparent complexity ...
... • Scale, scope carry their own temptations – Norman’s “paradox of technology” applies – Cleverly designed analysis minimizes apparent complexity ...
Macroeconomics Series (3): Economic Growth and Development
... that start off poor tend to grow more rapidly than countries that start off rich. When workers have very little capital to begin with, an additional unit of capital will increase their productivity by a great deal. This helps explain why referring to Figure 1 South Korea had a growth rate more ...
... that start off poor tend to grow more rapidly than countries that start off rich. When workers have very little capital to begin with, an additional unit of capital will increase their productivity by a great deal. This helps explain why referring to Figure 1 South Korea had a growth rate more ...
Sources of Growth
... High factor share weight assigned to labor Most capital intensive industry (housing?) as measured by K/Y; but capital contributed modestly to growth. ...
... High factor share weight assigned to labor Most capital intensive industry (housing?) as measured by K/Y; but capital contributed modestly to growth. ...
Macroeconomics Unit 5
... development is the rate of accumulation of labour surplus value – i.e. the rate of profit appropriated by capitalists from workers. Such surplus value arises in every society irrespective of its stage of development because labour, the sole producer of value, is capable of producing more than necess ...
... development is the rate of accumulation of labour surplus value – i.e. the rate of profit appropriated by capitalists from workers. Such surplus value arises in every society irrespective of its stage of development because labour, the sole producer of value, is capable of producing more than necess ...
Document
... enumerated in the FDI group) is that they increase the domestic demand and cause huge current deficit and high inflation. Besides, the huge capital inflows can cause unjustified upper pressure to the foreign currency exchange rate which represents a threat to the export competition of the country (D ...
... enumerated in the FDI group) is that they increase the domestic demand and cause huge current deficit and high inflation. Besides, the huge capital inflows can cause unjustified upper pressure to the foreign currency exchange rate which represents a threat to the export competition of the country (D ...
Paper
... It has been cited that if the Chinese economy does well, she can act as a buffer to the region’s downturn. Though there are some concerns about China’s non- performing loans and unemployment in state owned enterprises, the principal author believes: “The situation is more positive than people though ...
... It has been cited that if the Chinese economy does well, she can act as a buffer to the region’s downturn. Though there are some concerns about China’s non- performing loans and unemployment in state owned enterprises, the principal author believes: “The situation is more positive than people though ...
INTRODUCTION
... manufacturing firms. The average rate of return on R&D investment in the Taiwanese high-tech firms was around 35 per cent, according to Wang and Tsai (2003). However, in an earlier study using 1970s’ data, Griliches (1980), found that the R&D coefficient in US manufacturing industries failed to achi ...
... manufacturing firms. The average rate of return on R&D investment in the Taiwanese high-tech firms was around 35 per cent, according to Wang and Tsai (2003). However, in an earlier study using 1970s’ data, Griliches (1980), found that the R&D coefficient in US manufacturing industries failed to achi ...
View/Open
... Also differences may exist in the rates of return on capital. The direction of the differences in the rates of return is not necessarily the same as that of wages although it is usually believed to be so. Such a belief may serve as an explanation for the widely held idea that agriculture should fina ...
... Also differences may exist in the rates of return on capital. The direction of the differences in the rates of return is not necessarily the same as that of wages although it is usually believed to be so. Such a belief may serve as an explanation for the widely held idea that agriculture should fina ...
The Three Fields of Global Political Economy
... This emphasis is, in turn, important because it enables us to reflect upon the role of economic knowledge-practices within fields as simultaneously a mutating inner code and a collective learning process.10 That is to say that economic knowledge-practices are causal parts of geo-historical processes ...
... This emphasis is, in turn, important because it enables us to reflect upon the role of economic knowledge-practices within fields as simultaneously a mutating inner code and a collective learning process.10 That is to say that economic knowledge-practices are causal parts of geo-historical processes ...
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 ...
Dumenil Neoliberalism
... scenario similar to the Great Depression was avoided, but macro policies cannot remedy a structural crisis. As of the 2010s, the “world” is no longer in crisis, but the United States and, even more, Europe are not out of crisis, with low growth rates—what is now denoted as “stagnation”—and skyrocket ...
... scenario similar to the Great Depression was avoided, but macro policies cannot remedy a structural crisis. As of the 2010s, the “world” is no longer in crisis, but the United States and, even more, Europe are not out of crisis, with low growth rates—what is now denoted as “stagnation”—and skyrocket ...
M11_Gordon8014701_12_Macro_C11
... having 10 times the per person income of a poor nation need to have about 12.6 times the combined human and physical capital. • Including human capital also removes the need for rich countries to have much lower returns on human and physical capital as compared to poor countries. • The immigration p ...
... having 10 times the per person income of a poor nation need to have about 12.6 times the combined human and physical capital. • Including human capital also removes the need for rich countries to have much lower returns on human and physical capital as compared to poor countries. • The immigration p ...
Mozambique Financial Market
... ü Shares and bonds issued by national or foreign entities; ü Domestic and foreign public funds and similar securities; ü Any other securities which by their nature and characteristics, may be admitted to listing: ...
... ü Shares and bonds issued by national or foreign entities; ü Domestic and foreign public funds and similar securities; ü Any other securities which by their nature and characteristics, may be admitted to listing: ...
Trends in economic transition
... countries, in part because of the absence of the small and exorbitantly rich economic élite of western countries. Members of the nomenklatura had privileges like a dacha, a four-room flat and a car, all typical middle-class goods in the west, and the privileges were not inheritable. Free public serv ...
... countries, in part because of the absence of the small and exorbitantly rich economic élite of western countries. Members of the nomenklatura had privileges like a dacha, a four-room flat and a car, all typical middle-class goods in the west, and the privileges were not inheritable. Free public serv ...
quaderni del dipartimento di economia politica e statistica
... magnitudes of known physical quantities, so that Sa could be determined as well in physical terms and the rate of profits ra calculated as a “material ratio”. Let us now assume that wages (and Ca) consist of both agricultural and manufacturing goods, say corn and cloth. In this case, although we kno ...
... magnitudes of known physical quantities, so that Sa could be determined as well in physical terms and the rate of profits ra calculated as a “material ratio”. Let us now assume that wages (and Ca) consist of both agricultural and manufacturing goods, say corn and cloth. In this case, although we kno ...
doc - Brad DeLong
... richer too, but for the most part much more slowly. And the relative gulf between rich and poor economies has grown steadily. Today this relative gulf is larger than at any time in humanity's previous experience, or at least larger than at any time since there were some tribes that had discovered ho ...
... richer too, but for the most part much more slowly. And the relative gulf between rich and poor economies has grown steadily. Today this relative gulf is larger than at any time in humanity's previous experience, or at least larger than at any time since there were some tribes that had discovered ho ...
Beyond the numbers: The human cost of the crisis At a glance
... reflecting the relative dynamism of these markets. As a result, unemployment in these economies is low, averaging only around 5%. ...
... reflecting the relative dynamism of these markets. As a result, unemployment in these economies is low, averaging only around 5%. ...
Productivity
... • Some countries engage in . . . • . . . inward-orientated trade policies, avoiding interaction with other countries. • . . . outward-orientated trade policies, encouraging interaction with other countries. Copyright © 2004 South-Western ...
... • Some countries engage in . . . • . . . inward-orientated trade policies, avoiding interaction with other countries. • . . . outward-orientated trade policies, encouraging interaction with other countries. Copyright © 2004 South-Western ...
Per Capita GNI (USD at PPP)
... wealth, emphasizing human capital and, increasingly, social capital Social capital refers, among other things, to governance and institutions ...
... wealth, emphasizing human capital and, increasingly, social capital Social capital refers, among other things, to governance and institutions ...
30 the journal of economic review
... Sometimes the overall state of techonology is described as a factor of production. The number and definition of factors varies, depending on theoretical purpose, empirical emphasis, or school of economics. HISTORICAL SCHOOL AND FACTOR In the interpretation of the currently dominant view of classical ...
... Sometimes the overall state of techonology is described as a factor of production. The number and definition of factors varies, depending on theoretical purpose, empirical emphasis, or school of economics. HISTORICAL SCHOOL AND FACTOR In the interpretation of the currently dominant view of classical ...
Global economic conditions survey report: Q3, 2011 AccountAnts for business
... three months, to levels normally associated with Western Europe. Hong Kong and Singapore, both small, open economies with significant exposure to trends in international trade, have been particularly hard hit. Meanwhile the effects of the nuclear disaster in Japan continue to reverberate through cor ...
... three months, to levels normally associated with Western Europe. Hong Kong and Singapore, both small, open economies with significant exposure to trends in international trade, have been particularly hard hit. Meanwhile the effects of the nuclear disaster in Japan continue to reverberate through cor ...
ECONOMICS and How It AFFECTS Business
... market system of the United lized, Keynes believed, free States works. And you will economic principles could be Economist learn more about what makes restored. some countries rich and other Keynes published his most countries poor. By the end of the famous book, The General Theory of chapter, you s ...
... market system of the United lized, Keynes believed, free States works. And you will economic principles could be Economist learn more about what makes restored. some countries rich and other Keynes published his most countries poor. By the end of the famous book, The General Theory of chapter, you s ...
The Economic Crisis and Contemporary Capitalism Prabhat Patnaik
... Speculation, Keynes argued, produces bouts of euphoria, or “speculative excitement” as he called it. An initial rise in asset prices gives rise to expectations of a further rise, which makes wealth-holders demand more of the asset and hence causes an actual further increase. And so the process goes ...
... Speculation, Keynes argued, produces bouts of euphoria, or “speculative excitement” as he called it. An initial rise in asset prices gives rise to expectations of a further rise, which makes wealth-holders demand more of the asset and hence causes an actual further increase. And so the process goes ...
Chapter 3 - Economic Institutions
... framework. China, which is ruled by the Communist Party, also adopted many market institutions. As they did, the terms capitalism and socialism fell out of favor. People today talk little about the differences in economic systems such as capitalism and socialism; instead they talk about the differen ...
... framework. China, which is ruled by the Communist Party, also adopted many market institutions. As they did, the terms capitalism and socialism fell out of favor. People today talk little about the differences in economic systems such as capitalism and socialism; instead they talk about the differen ...
Uneven and combined development
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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.