Interpreting Sustainability in Economic Terms
... Similarly, we can think of an economy as having the potential to become sustainable if it fulfills the criterion of dynamic efficiency. It can then, in principle, be made sustainable by appropriate intergenerational transfers to achieve a non-declining total welfare path. One such economy that can b ...
... Similarly, we can think of an economy as having the potential to become sustainable if it fulfills the criterion of dynamic efficiency. It can then, in principle, be made sustainable by appropriate intergenerational transfers to achieve a non-declining total welfare path. One such economy that can b ...
ECONOMIC AGENDA OF THECOMMUNIST PARTIES OF NEPAL A
... third world countries like Nepal, will gain certainly something by the process of globalization. In spite of it they will get mass poverty, depletion of natural resources, heavy burden of loan and so on. Karl Marx, who brought forth new economic principle after criticizing capitalist economic and ea ...
... third world countries like Nepal, will gain certainly something by the process of globalization. In spite of it they will get mass poverty, depletion of natural resources, heavy burden of loan and so on. Karl Marx, who brought forth new economic principle after criticizing capitalist economic and ea ...
Political Economy of Trade Policy
... level of maturity would be made impossible. According to List, first it is necessary to build a large market, in which the industry will achieve economies of scale, thereupon it becomes more competitive and consequently the domestic market can be open to foreign competition. At present, protectionis ...
... level of maturity would be made impossible. According to List, first it is necessary to build a large market, in which the industry will achieve economies of scale, thereupon it becomes more competitive and consequently the domestic market can be open to foreign competition. At present, protectionis ...
krugman_PPT_c05
... • Biased growth and the resulting change in relative supply causes a change in the terms of trade. Biased growth in the cloth industry (in either the domestic or foreign country) will lower the price of cloth relative to the price of food and lower the terms of trade for cloth exporters. Biased ...
... • Biased growth and the resulting change in relative supply causes a change in the terms of trade. Biased growth in the cloth industry (in either the domestic or foreign country) will lower the price of cloth relative to the price of food and lower the terms of trade for cloth exporters. Biased ...
Explaining Agricultural Land Expansion and Deforestation
... test the hypothesis that institutional factors might influence economy-wide export performance, especially in countries dependent on natural resource exploitation such as the conversion of forests (Ascher; Ross). The result is that the degree to which there is corruption, political stability and th ...
... test the hypothesis that institutional factors might influence economy-wide export performance, especially in countries dependent on natural resource exploitation such as the conversion of forests (Ascher; Ross). The result is that the degree to which there is corruption, political stability and th ...
Chapter 5
... represent the fact that if a consumer has more cloth he could have less food and still be equally satisfied. • Indifference curves farther from the origin represent larger quantities of food and cloth, which should make consumers more satisfied and better off. • Indifference curves are flatter when ...
... represent the fact that if a consumer has more cloth he could have less food and still be equally satisfied. • Indifference curves farther from the origin represent larger quantities of food and cloth, which should make consumers more satisfied and better off. • Indifference curves are flatter when ...
Impact of FDI on GDP: A Comparative Study of China and India
... provides a strong incentive for research on this phenomenon. After the global financial crisis, the status and importance of Asian economies have increased a lot because of their more than expected resilience to financial crisis. Asian economies are expanding rapidly and their growing clout can be f ...
... provides a strong incentive for research on this phenomenon. After the global financial crisis, the status and importance of Asian economies have increased a lot because of their more than expected resilience to financial crisis. Asian economies are expanding rapidly and their growing clout can be f ...
Introduction
... can worsen their terms of trade so much that they would be worse off than if they had not grown at all – It can occur under extreme conditions: Strongly exportbiased growth must be combined with very steep RS and RD curves. – It is regarded by most economists as more a theoretical point than a real- ...
... can worsen their terms of trade so much that they would be worse off than if they had not grown at all – It can occur under extreme conditions: Strongly exportbiased growth must be combined with very steep RS and RD curves. – It is regarded by most economists as more a theoretical point than a real- ...
The Transformation of European Varieties of Capitalism
... national models reduces often substantial internal variation to statistical noise. The German model, as Streeck (2009) argues in a recent book, is no longer the highly coordinated social market economy that figures so prominently in VoC, but has been transformed because of many small changes in the ...
... national models reduces often substantial internal variation to statistical noise. The German model, as Streeck (2009) argues in a recent book, is no longer the highly coordinated social market economy that figures so prominently in VoC, but has been transformed because of many small changes in the ...
the importance of a european maritime security strategy
... The bulk of world trade is carried out by sea, as a matter of fact Europe imports most raw materials by sea. Some of the world’s main maritime routes’ choke points lie in the European Union’s (EU) maritime borders, like the Strait of Gibraltar or the Suez Canal. Therefore, it is in the EU’s best int ...
... The bulk of world trade is carried out by sea, as a matter of fact Europe imports most raw materials by sea. Some of the world’s main maritime routes’ choke points lie in the European Union’s (EU) maritime borders, like the Strait of Gibraltar or the Suez Canal. Therefore, it is in the EU’s best int ...
Standard Trade Model
... • Is growth in a country more or less valuable when it when it is closely integrated in the world economy? • The standard trade model gives us precise answers to these questions. ...
... • Is growth in a country more or less valuable when it when it is closely integrated in the world economy? • The standard trade model gives us precise answers to these questions. ...
International Economic Relations and Information Communication
... gradually being fulfilled through four basic ways: through trade, financial flows, production and a certain web of conditions and institutions”[17]. The two most powerful forces that forward the economical globalization “process” and at the same time being forwarded by it are the liberal economy and ...
... gradually being fulfilled through four basic ways: through trade, financial flows, production and a certain web of conditions and institutions”[17]. The two most powerful forces that forward the economical globalization “process” and at the same time being forwarded by it are the liberal economy and ...
Chapter 1 - Russell Sage Foundation
... ist (Wilensky 1964), Marxist (Larson 1977), knowledge-based (Freidson 1986), and ecological perspectives (Abbott 1988), among others. Besides the sociology of organizations and social stratification, the sociology of development is another specialty that has devoted systematic attention to the study ...
... ist (Wilensky 1964), Marxist (Larson 1977), knowledge-based (Freidson 1986), and ecological perspectives (Abbott 1988), among others. Besides the sociology of organizations and social stratification, the sociology of development is another specialty that has devoted systematic attention to the study ...
q X + q* X
... Offer Curve analysis focuses explicitly on a country’s exports and imports at any terms of trade. – Use PPF/Utility function diagram to generate difference between consumption and prod’n for each good at any relative price (its trade triangle at each relative price). – Offer Curve Diagram summarizes ...
... Offer Curve analysis focuses explicitly on a country’s exports and imports at any terms of trade. – Use PPF/Utility function diagram to generate difference between consumption and prod’n for each good at any relative price (its trade triangle at each relative price). – Offer Curve Diagram summarizes ...
Economic Round - Slowing productivity growth
... some time for new innovations to be converted to production methods, which then must be taken up by many businesses or individuals to affect national productivity performance in a substantial way. This means that a given innovation, leading to new technology, will have variable impacts on production ...
... some time for new innovations to be converted to production methods, which then must be taken up by many businesses or individuals to affect national productivity performance in a substantial way. This means that a given innovation, leading to new technology, will have variable impacts on production ...
Managing Natural Resources for Human Development in
... transparent institutions that can help the government manage the proceeds from natural resources is important. In fact, one could argue that establishing strong institutions prior to the exploitation of the resource is the safest way to avoid the curse. Acemoglu, Johnson & Robinson (2006), for examp ...
... transparent institutions that can help the government manage the proceeds from natural resources is important. In fact, one could argue that establishing strong institutions prior to the exploitation of the resource is the safest way to avoid the curse. Acemoglu, Johnson & Robinson (2006), for examp ...
Pamela-Kelrick - Rural Policy Research Institute
... 5 models with presence of group grievance, security apparatus, legitimacy of the government, public services, presence of ...
... 5 models with presence of group grievance, security apparatus, legitimacy of the government, public services, presence of ...
6 The RAND Corporation is a nonprofit from
... involved in those projects are extremely well understood and include the conservative, evolutionary adaptation of new technology over time. Most DoD defense development programs involve much higher levels of new technology adaptation and therefore result in inherently higher levels of cost and sched ...
... involved in those projects are extremely well understood and include the conservative, evolutionary adaptation of new technology over time. Most DoD defense development programs involve much higher levels of new technology adaptation and therefore result in inherently higher levels of cost and sched ...
Trade Developments in Latin America and the Caribbean
... The creation of global value chains (GVCs) boosted trade during the last two decades, but may have run its course in recent years (IMF, 2016a). Global value chains (GVC) describe the fragmentation of production processes in which intermediate goods are shipped across borders multiple times, with eac ...
... The creation of global value chains (GVCs) boosted trade during the last two decades, but may have run its course in recent years (IMF, 2016a). Global value chains (GVC) describe the fragmentation of production processes in which intermediate goods are shipped across borders multiple times, with eac ...
Latin American Exceptionalism
... America and Latin America? • Differences in soils, climates & native pop. densities • Differences in political & economic institutions • Differences in distribution of wealth/income/knowledge • Differences in policies that reinforced these institutions & distribution of wealth, income & knowledge ...
... America and Latin America? • Differences in soils, climates & native pop. densities • Differences in political & economic institutions • Differences in distribution of wealth/income/knowledge • Differences in policies that reinforced these institutions & distribution of wealth, income & knowledge ...
Ricardian Theory of International Trade
... In a two-nation and two-commodity world economy, even if one nation is less efficient than the other nation in the production of both commodities, there is still a basis for mutually beneficial trade. The first nation should specialize in the production of and export the commodity in which its absol ...
... In a two-nation and two-commodity world economy, even if one nation is less efficient than the other nation in the production of both commodities, there is still a basis for mutually beneficial trade. The first nation should specialize in the production of and export the commodity in which its absol ...
The Cultural Dimension of Globalization
... Globalization is a broad term which includes different concepts in different fields and the term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, t ...
... Globalization is a broad term which includes different concepts in different fields and the term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, t ...
ge09 korhonen 9109401 en
... China was a predominantly agrarian economy before 1980, it is now to a large extent a modern industrial economy with booming urban regions. Furthermore, high trade growth was supported by large investment flows (see Eichengreen and Tong, 2005, and Lane and Schmukler, 2007). Not surprisingly, growth ...
... China was a predominantly agrarian economy before 1980, it is now to a large extent a modern industrial economy with booming urban regions. Furthermore, high trade growth was supported by large investment flows (see Eichengreen and Tong, 2005, and Lane and Schmukler, 2007). Not surprisingly, growth ...
Bioeconomy as a Complex Adaptive System of
... worldwide. The basic assumption of this concept is to connect different socio-economic processes both from low tech and high tech sectors which focus on the utilization of renewable resources through application of appropriate knowledge and innovative technologies. As a result, there are delivered p ...
... worldwide. The basic assumption of this concept is to connect different socio-economic processes both from low tech and high tech sectors which focus on the utilization of renewable resources through application of appropriate knowledge and innovative technologies. As a result, there are delivered p ...
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.