Here! - Dr. Philip Shaw
... techniques to determine policy. But as Lucas (1976) has argued, since optimal decision rules vary systematically with changes in the structure of series relevant to the decision maker, any change in policy will alter the structure of these rules. Thus changes in policy induce changes in structure, w ...
... techniques to determine policy. But as Lucas (1976) has argued, since optimal decision rules vary systematically with changes in the structure of series relevant to the decision maker, any change in policy will alter the structure of these rules. Thus changes in policy induce changes in structure, w ...
- Statcan.gc.ca
... per capita and actual individual consumption (AIC) per capita. The purpose of the ICP is to compare price and actual spending levels of GDP, including its components, using purchasing power parities (PPPs) between participating countries. The program is the result of a statistical partnership establ ...
... per capita and actual individual consumption (AIC) per capita. The purpose of the ICP is to compare price and actual spending levels of GDP, including its components, using purchasing power parities (PPPs) between participating countries. The program is the result of a statistical partnership establ ...
pro-poor industrialization strategies revisited
... sector. As a matter of fact, resources for income generation owned by the poor are limited to labour and local properties, such as land, natural materials and indigenous knowledge. Those sectors employing such factors intensively contribute best to income generation of the poor. The second criterion ...
... sector. As a matter of fact, resources for income generation owned by the poor are limited to labour and local properties, such as land, natural materials and indigenous knowledge. Those sectors employing such factors intensively contribute best to income generation of the poor. The second criterion ...
Paper - cuts ccier
... rationalisation of the role of government in the productive sphere of the economy and the attraction of foreign direct investment. In this context the competition implications of privatsation are important. If a private monopoly is replacing a public monopoly, how cn the abuse of market dominance be ...
... rationalisation of the role of government in the productive sphere of the economy and the attraction of foreign direct investment. In this context the competition implications of privatsation are important. If a private monopoly is replacing a public monopoly, how cn the abuse of market dominance be ...
Assessing the economic effects of Latin American independence
... Northern Europe and the United States but the volume of Latin American trade did not alter significantly. Independence did not make Latin America into a major primary produce exporter nor into a large market for foreign industrial goods. In addition, modern economic growth was constraint by lack of ...
... Northern Europe and the United States but the volume of Latin American trade did not alter significantly. Independence did not make Latin America into a major primary produce exporter nor into a large market for foreign industrial goods. In addition, modern economic growth was constraint by lack of ...
Venezuela: Socialism for the 21 Century
... Socialism requires both the change in values as well as the transformation of economic and political institutions. There is a danger that words such as socialism and solidarity will become merely rhetoric and hollow unless the economic and political institutions are simultaneously being transformed ...
... Socialism requires both the change in values as well as the transformation of economic and political institutions. There is a danger that words such as socialism and solidarity will become merely rhetoric and hollow unless the economic and political institutions are simultaneously being transformed ...
PDF
... to test sustainability in practice. Many economists define sustainability as was done in the report of the World Commission on Environment and Development (WCED, 1987), the Bruntland Report. 1 It defines sustainable economic development as: “development that meets the needs of present generations wi ...
... to test sustainability in practice. Many economists define sustainability as was done in the report of the World Commission on Environment and Development (WCED, 1987), the Bruntland Report. 1 It defines sustainable economic development as: “development that meets the needs of present generations wi ...
real-world economics review
... borrowers kept actual rates positive. This in turn implied that, absent bubbles in the stock and housing markets, the economy would have been in a liquidity trap since 1985: There was a sharp increase in the ratio after World War II, but from a low base, as families moved to the suburbs and all that ...
... borrowers kept actual rates positive. This in turn implied that, absent bubbles in the stock and housing markets, the economy would have been in a liquidity trap since 1985: There was a sharp increase in the ratio after World War II, but from a low base, as families moved to the suburbs and all that ...
Document
... The production of a good or service can be thought of as a series of activities that add value at each step. Typical stages might include design, manufacturing, assembly, marketing and transportation or delivery. This process is sometimes called the value chain. Some stages in the value chain tend t ...
... The production of a good or service can be thought of as a series of activities that add value at each step. Typical stages might include design, manufacturing, assembly, marketing and transportation or delivery. This process is sometimes called the value chain. Some stages in the value chain tend t ...
For a development-led green economy
... How then, do we transition to a green economy? There are at least four key elements that need to be addressed for a successful transition. First, identifying new sources of funding that can be directly applied to transitional efforts in developing countries; second, creating an enabling environment ...
... How then, do we transition to a green economy? There are at least four key elements that need to be addressed for a successful transition. First, identifying new sources of funding that can be directly applied to transitional efforts in developing countries; second, creating an enabling environment ...
this PDF file - MacEwan Open Journals
... This is the armed conflict between countries that has existed for as long as there have been countries. The two perspectives we will be drawing on most heavily in this paper, Marx’s class conflict and Spencer’s social Darwinism, come out on opposite sides of the fence when it comes to their interpre ...
... This is the armed conflict between countries that has existed for as long as there have been countries. The two perspectives we will be drawing on most heavily in this paper, Marx’s class conflict and Spencer’s social Darwinism, come out on opposite sides of the fence when it comes to their interpre ...
Chapter 2 The Global Economic Environment
... Copyright 2011, Pearson Education Inc. Publishing as PrenticeHall ...
... Copyright 2011, Pearson Education Inc. Publishing as PrenticeHall ...
Press Release - KOF Index of Globalization
... observes changes in the globalization of a series of countries over a long-term period. Based on 23 variables, the KOF Globalization Index 2016 covers 187 countries and relates to the period 1970 to 2013. The Index comprises an economic, a social and a political component and measures globalization ...
... observes changes in the globalization of a series of countries over a long-term period. Based on 23 variables, the KOF Globalization Index 2016 covers 187 countries and relates to the period 1970 to 2013. The Index comprises an economic, a social and a political component and measures globalization ...
Real Exchange Rate Distortion in Southeast Europe
... East European transition countries. The various results are often rather divergent depending on which models, variables and data were used. This is also what was found in a meta-regression analysis by Égert and Halpern (2005). ...
... East European transition countries. The various results are often rather divergent depending on which models, variables and data were used. This is also what was found in a meta-regression analysis by Égert and Halpern (2005). ...
Complexity Theory and Public administration: What`s new
... be suddenly disrupted by unexpected events. One of the reasons for this is that these equilibriums are often sustained by complex feedback mechanisms. Positive feedback (reinforcing) drives change while negative feedback (balancing and moderating) maintains the stability of the system (Stacey, 1995 ...
... be suddenly disrupted by unexpected events. One of the reasons for this is that these equilibriums are often sustained by complex feedback mechanisms. Positive feedback (reinforcing) drives change while negative feedback (balancing and moderating) maintains the stability of the system (Stacey, 1995 ...
East Asia vs. Latin America: TFP and Human Capital Policies
... steady state implications of the model economy presented above are consistent with observations for the United States (circa 2000). When we apply the model to the study of other economies the only technological parameter that we vary is z, which we identify as TFP. Following Cooley and Prescott (199 ...
... steady state implications of the model economy presented above are consistent with observations for the United States (circa 2000). When we apply the model to the study of other economies the only technological parameter that we vary is z, which we identify as TFP. Following Cooley and Prescott (199 ...
Ellie Vasta - MUEP
... migration experience and assumptions on race, ethnicity and culture. Social scientists are also influenced by disciplinary fashions of the times in which they research and write. Moreover, policy makers have tended to structure research-funding mechanisms to select and privilege the types of researc ...
... migration experience and assumptions on race, ethnicity and culture. Social scientists are also influenced by disciplinary fashions of the times in which they research and write. Moreover, policy makers have tended to structure research-funding mechanisms to select and privilege the types of researc ...
Levels and changes in the value of exports and imports divided by
... and 1990s as “globalizers” and the remaining 44 countries as “non-globalizers.” They find that the “globalizers” grew faster than the “non-globalizers.”4 Dollar and Kraay focus on the change rather than the level of the trade/GDP ratio, noting tha t the latter is likely to be more a product of a co ...
... and 1990s as “globalizers” and the remaining 44 countries as “non-globalizers.” They find that the “globalizers” grew faster than the “non-globalizers.”4 Dollar and Kraay focus on the change rather than the level of the trade/GDP ratio, noting tha t the latter is likely to be more a product of a co ...
... • Policy frameworks must now achieve multiple objectives to support the needed shifts in policy stance, reshape market and other incentives, lengthen the time horizons and reduce policy uncertainty so that investments in people and the planet can work in tandem to drive a virtuous cycle of growth ...
Tariffs and the Great Depression Revisited
... With the preceding historical analysis as background, we would argue that an empirically plausible model must: (i) incorporate the fact that tariff changes were persistent and volatile; (ii) include an important role for trade in intermediate inputs; and (iii) incorporate the fact that the countries ...
... With the preceding historical analysis as background, we would argue that an empirically plausible model must: (i) incorporate the fact that tariff changes were persistent and volatile; (ii) include an important role for trade in intermediate inputs; and (iii) incorporate the fact that the countries ...
Financial and currency crises in Latin America
... capital account of the balance of payments. In the second half of the 1970s, all three countries also oriented their exchange rate policies towards stabilizing prices, adopting active crawling peg regimes. The so-called tablitas were schedules of pre-announced rates of devaluation, which were meant ...
... capital account of the balance of payments. In the second half of the 1970s, all three countries also oriented their exchange rate policies towards stabilizing prices, adopting active crawling peg regimes. The so-called tablitas were schedules of pre-announced rates of devaluation, which were meant ...
1 Short Question [20%] 2 Problem: Comparative Advantage and
... ρc K̄c + wc L̄c the national nominal revenue. The timing of the model is the same as in Melitz (2003). Entry is free, but entrants must pay a one-time entry cost f e ρβc i wc1−βi before discovering their productivity. Once they discover their productivity, they can either exit immediately or produce ...
... ρc K̄c + wc L̄c the national nominal revenue. The timing of the model is the same as in Melitz (2003). Entry is free, but entrants must pay a one-time entry cost f e ρβc i wc1−βi before discovering their productivity. Once they discover their productivity, they can either exit immediately or produce ...
Carrying Capacity and Sustainability: Waking Malthus Ghost
... than half of the planet’s accessible fresh water is already being used by people; twothirds of the world’s major fisheries are fully- or over-exploited; and biodiversity losses are accelerating. The question is whether any of this matters to the survival “technological man”. Certainly many of the wo ...
... than half of the planet’s accessible fresh water is already being used by people; twothirds of the world’s major fisheries are fully- or over-exploited; and biodiversity losses are accelerating. The question is whether any of this matters to the survival “technological man”. Certainly many of the wo ...
'Institutional Patterns of the Settler Societies: Hybrid, Parallel, and Convergent',
... © 2012 Koninklijke Brill NV ISBN 978 90 04 23264 8 ...
... © 2012 Koninklijke Brill NV ISBN 978 90 04 23264 8 ...
Development economics
Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels.Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as inter-temporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. Also unlike many other fields of economics, there is no consensus on what students should know. Different approaches may consider the factors that contribute to economic convergence or non-convergence across households, regions, and countries.