Economic geography and regional policy
... 2 regions: North and South; North is bigger Equilibrium w/o trade: share of firms in North between ½ and 1 Trade liberalization: locating in South no longer protects firms from competition Agglomeration in North increases ...
... 2 regions: North and South; North is bigger Equilibrium w/o trade: share of firms in North between ½ and 1 Trade liberalization: locating in South no longer protects firms from competition Agglomeration in North increases ...
Obstacles to Development
... • U.S. GDP $14.6 trillion • Combined GDP of DVCs $20 trillion • U.S. has 4.5% of population but produces 23.1% of world’s output • U.S. per capita GDP is 127 times that of Democratic Republic of the Congo • Walmart’s annual revenue is greater than all but 23 nations’ GDP LO1 ...
... • U.S. GDP $14.6 trillion • Combined GDP of DVCs $20 trillion • U.S. has 4.5% of population but produces 23.1% of world’s output • U.S. per capita GDP is 127 times that of Democratic Republic of the Congo • Walmart’s annual revenue is greater than all but 23 nations’ GDP LO1 ...
Roger W. Garrison THE LIMITS OF MACROECONOMICS
... expectatioils, wnicn~are expiaineu largely oy gronp lJsycLlULOgy, uonImate in determining the level of investment. The interest rate, which is governed largely by changes in liquidity preferences, plays a subordinate role in investment decisions, as reflected in an interestinelastic demand for inve ...
... expectatioils, wnicn~are expiaineu largely oy gronp lJsycLlULOgy, uonImate in determining the level of investment. The interest rate, which is governed largely by changes in liquidity preferences, plays a subordinate role in investment decisions, as reflected in an interestinelastic demand for inve ...
PowerPoint Sunusu
... Research and Development • knowledge is a public good: That is, once one person discovers an idea, the idea enters society’s pool of knowledge • The U.S. government has long played a role in the creation. This helps to be very improved on rocket and plane industry. ...
... Research and Development • knowledge is a public good: That is, once one person discovers an idea, the idea enters society’s pool of knowledge • The U.S. government has long played a role in the creation. This helps to be very improved on rocket and plane industry. ...
Download Slides
... – Share benefits of development – No ministerial veto • Infrastructure Bank – Reduce policy risk to encourage private sector investment – Develop sector-specific skills in new areas – Catalytic/multiplier effects on private investment ...
... – Share benefits of development – No ministerial veto • Infrastructure Bank – Reduce policy risk to encourage private sector investment – Develop sector-specific skills in new areas – Catalytic/multiplier effects on private investment ...
Lecture notes: “Why are some countries rich and others poor
... 2. poor explanation of how technology is created: it is not manna from heaven → James Watt and the steam engine, Watt watches a kettle = fairy story for children in fact: Newcomen engine had been in use for 60-70 years and had been other attempts to improve it before Watt invented condenser → massiv ...
... 2. poor explanation of how technology is created: it is not manna from heaven → James Watt and the steam engine, Watt watches a kettle = fairy story for children in fact: Newcomen engine had been in use for 60-70 years and had been other attempts to improve it before Watt invented condenser → massiv ...
Chapter 3 - Lake County Schools
... marketplace competition and private ownership of businesses • It is the same as free enterprise. • Political systems associated with capitalism is democracy. Political power is in the hands of the people • The government also cares about those who cannot take care of themselves. (Welfare, Medicaid, ...
... marketplace competition and private ownership of businesses • It is the same as free enterprise. • Political systems associated with capitalism is democracy. Political power is in the hands of the people • The government also cares about those who cannot take care of themselves. (Welfare, Medicaid, ...
BPM Chap03
... Market economy — individual buying decisions in the marketplace determine what, how, and for whom goods and services will be produced Command economy — central planning authority, under control of government, owns most of the factors of production and determines what, how, and for whom goods and ser ...
... Market economy — individual buying decisions in the marketplace determine what, how, and for whom goods and services will be produced Command economy — central planning authority, under control of government, owns most of the factors of production and determines what, how, and for whom goods and ser ...
FINANCIALIZATION OF THE WORLD ECONOMY, “CREDIBLE GOVERNANCE”, LOPSIDED GROWTH AND VANISHING JOBS
... apparatus had to be transformed to facilitate the hegemony of international finance capital. The neoliberal ideology attempted to explain the motives behind financial liberalization arguing that such measures would restore growth and stability by raising savings and improving economic efficiency. Ac ...
... apparatus had to be transformed to facilitate the hegemony of international finance capital. The neoliberal ideology attempted to explain the motives behind financial liberalization arguing that such measures would restore growth and stability by raising savings and improving economic efficiency. Ac ...
Work and Unemployment as Social Issues – Student Presentation
... both questions in the same manner, 6 of which replied that work was more difficult to find and the rest (the majority) found that finding workers was indeed most difficult. So, what does this mean? ...
... both questions in the same manner, 6 of which replied that work was more difficult to find and the rest (the majority) found that finding workers was indeed most difficult. So, what does this mean? ...
Stock Markets and Personal Finance
... Institutions 4. Dependable Legal System • A good legal system facilitates contracts and protects property from others (including government). • Poorly protected property rights can result from too much government or too little government. – In India, residents who purchase land have to do so more t ...
... Institutions 4. Dependable Legal System • A good legal system facilitates contracts and protects property from others (including government). • Poorly protected property rights can result from too much government or too little government. – In India, residents who purchase land have to do so more t ...
Try it! - Macmillan Learning
... Institutions 4. Dependable Legal System • A good legal system facilitates contracts and protects property from others (including government). • Poorly protected property rights can result from too much government or too little government. – In India, residents who purchase land have to do so more t ...
... Institutions 4. Dependable Legal System • A good legal system facilitates contracts and protects property from others (including government). • Poorly protected property rights can result from too much government or too little government. – In India, residents who purchase land have to do so more t ...
lecture 1-introduction - Prof. Ruggero Ranieri
... set of different events, in the cultural, economic and political sphere. We classify them along a spectrum that ranges from the local to the regional to the global and we identify a trend. We probably discover that some parts of social and economic life are closer to one side of the spectrum than to ...
... set of different events, in the cultural, economic and political sphere. We classify them along a spectrum that ranges from the local to the regional to the global and we identify a trend. We probably discover that some parts of social and economic life are closer to one side of the spectrum than to ...
download the full paper
... More specifically, this study refers to two rather different traditions of heterodox political economy which in my view can be combined fruitfully for understanding the problems brought about by the transformation of these economies. On the one hand, I refer to the analysis of the economic risks of ...
... More specifically, this study refers to two rather different traditions of heterodox political economy which in my view can be combined fruitfully for understanding the problems brought about by the transformation of these economies. On the one hand, I refer to the analysis of the economic risks of ...
geography Weil summary
... ocean’s transport is cheaper than any other kind of transport and it influences international trade. Access to trade explains the differences in income. Geographic concentration and spillovers A look at the world map shows that wealthy countries tend to be near one another and Europe is the best e ...
... ocean’s transport is cheaper than any other kind of transport and it influences international trade. Access to trade explains the differences in income. Geographic concentration and spillovers A look at the world map shows that wealthy countries tend to be near one another and Europe is the best e ...
+ Economy of Ireland Tutorial 3 HT Growth in Living Standards & Output
... in terms of human capital, physical capital, institutions, natural resources and technology making reference to the Irish experience. What drives productivity growth? Discuss role of: Human Capital Physical Capital Institutions Natural Resources Technology Refer to the Irish experience ...
... in terms of human capital, physical capital, institutions, natural resources and technology making reference to the Irish experience. What drives productivity growth? Discuss role of: Human Capital Physical Capital Institutions Natural Resources Technology Refer to the Irish experience ...
File - Putra Selaparang
... • The impact of these political, social and economic trends will continue to be felt throughout the world • IT will speed up the economic growth in every ...
... • The impact of these political, social and economic trends will continue to be felt throughout the world • IT will speed up the economic growth in every ...
Exhibit 9.2
... • The impact of these political, social and economic trends will continue to be felt throughout the world • IT will speed up the economic growth in every ...
... • The impact of these political, social and economic trends will continue to be felt throughout the world • IT will speed up the economic growth in every ...
Exhibit 9.2
... • The impact of these political, social and economic trends will continue to be felt throughout the world • IT will speed up the economic growth in every ...
... • The impact of these political, social and economic trends will continue to be felt throughout the world • IT will speed up the economic growth in every ...
Slide 1
... • As countries prosper and their people are exposed to new ideas and behavior patterns via global communication networks, old stereotypes, traditions, and habits are cast aside or tempered, and new patterns of consumer behavior emerge. • A pattern of economic growth and global trade that will extend ...
... • As countries prosper and their people are exposed to new ideas and behavior patterns via global communication networks, old stereotypes, traditions, and habits are cast aside or tempered, and new patterns of consumer behavior emerge. • A pattern of economic growth and global trade that will extend ...
Economics (25-1)
... • It is an input into the production process that in the past was an output from the production process. ...
... • It is an input into the production process that in the past was an output from the production process. ...
Liberty, Fraternity and Inequality: the Lucky and the Unlucky and the
... one... across the board’. During this period, as noted earlier, the profession of Economics, both academic and applied, has experienced explosive growth in numbers, prestige and influence. According to its website, the Fed now employs 250 academically-qualified economists, a large proportion of whom ...
... one... across the board’. During this period, as noted earlier, the profession of Economics, both academic and applied, has experienced explosive growth in numbers, prestige and influence. According to its website, the Fed now employs 250 academically-qualified economists, a large proportion of whom ...
Official PDF , 13 pages
... features as an ideal that is seldom realized. The developmental state may behave in the way that many economic models assume, however, because it has sufficient autonomy to sustain a coherent economic policy that seeks to enhance social welfare. This type of state is associated with a poor natural r ...
... features as an ideal that is seldom realized. The developmental state may behave in the way that many economic models assume, however, because it has sufficient autonomy to sustain a coherent economic policy that seeks to enhance social welfare. This type of state is associated with a poor natural r ...
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.