NBER WORKING PAPER SERIES CHINA’S INVESTMENT IN HUMAN CAPITAL James J. Heckman
... by allocating more resources for education and training to poorer regions. Many Chinese object to freeing up labor market incentives. Opening the labor market might risk some increase in inequality in wages at least in the current generation. However, this policy produces the right incentives for p ...
... by allocating more resources for education and training to poorer regions. Many Chinese object to freeing up labor market incentives. Opening the labor market might risk some increase in inequality in wages at least in the current generation. However, this policy produces the right incentives for p ...
Should the Interest Rate Really Be the Unique Motive to Save
... necessary and sufficient conditions required to meet the golden rule of accumulation can be specified. Another similarity that might also be important to report, is that the effect of the natural growth rate of workers on the steady-state level of capital per capita appears confirmed. Those common r ...
... necessary and sufficient conditions required to meet the golden rule of accumulation can be specified. Another similarity that might also be important to report, is that the effect of the natural growth rate of workers on the steady-state level of capital per capita appears confirmed. Those common r ...
Industrial policy in the era of vertically specialized industrialization
... the GVC supply base already established in developing economies. Export production that is based on VSI involves a high degree of South–South trade (the most significant source of China’s imports for its iPhone exports is the Republic of Korea (OECD, 2011)). Following the deep and prolonged recessio ...
... the GVC supply base already established in developing economies. Export production that is based on VSI involves a high degree of South–South trade (the most significant source of China’s imports for its iPhone exports is the Republic of Korea (OECD, 2011)). Following the deep and prolonged recessio ...
Putting Peace at the Heart of the Post
... European Commission communication: ‘A Decent Life for all: for All: Ending poverty and giving the world a sustainable future’ Where there is physical insecurity, high levels of inequality, governance challenges and little or no institutional capacity, it is extremely difficult to make sustainable pr ...
... European Commission communication: ‘A Decent Life for all: for All: Ending poverty and giving the world a sustainable future’ Where there is physical insecurity, high levels of inequality, governance challenges and little or no institutional capacity, it is extremely difficult to make sustainable pr ...
determining levels of development
... pyramids and what they tell us about a country’s growth, development, and demographic transition. a. As the pyramid changes, what does this tell us about how the development indicators are changing? b. How can population pyramids shed light on a country’s stage of demographic transition? 5. Project ...
... pyramids and what they tell us about a country’s growth, development, and demographic transition. a. As the pyramid changes, what does this tell us about how the development indicators are changing? b. How can population pyramids shed light on a country’s stage of demographic transition? 5. Project ...
Commercial Diplomacy Programme
... regional and bilateral, play in supporting national developmental policies in the services sector? - definition of negotiating strategies and positions on the basis of national developmental policies safeguarding required policy spaces. ...
... regional and bilateral, play in supporting national developmental policies in the services sector? - definition of negotiating strategies and positions on the basis of national developmental policies safeguarding required policy spaces. ...
Theories and Methods in Comparative Social Policy Deborah
... In another sense, it may be said to be `about nothing'. Many of the issues surrounding the theories and methods in comparative work are not exclusive to cross-national studies, or to social policy. There is no distinct social science `cross-national method' although such research highlights some of ...
... In another sense, it may be said to be `about nothing'. Many of the issues surrounding the theories and methods in comparative work are not exclusive to cross-national studies, or to social policy. There is no distinct social science `cross-national method' although such research highlights some of ...
Activation of a modern industry
... overcome this barrier to entry? While the recent economic growth literature largely ignores the underlying process of creating a modern industry, conventional economic development studies lack a formal model to explain such a process. Our paper intends to examine these important issues within an opt ...
... overcome this barrier to entry? While the recent economic growth literature largely ignores the underlying process of creating a modern industry, conventional economic development studies lack a formal model to explain such a process. Our paper intends to examine these important issues within an opt ...
Yan Ying`s soup, Aristotle`s aesthetic harmony and market economy
... causes of an irregularity such as this that we actually witness. The essential however is not only to reject but propose alternatives which could possibly re-establish social and global harmony. As the main issue concerns the relation between democracy and market economy, it would be an omission to ...
... causes of an irregularity such as this that we actually witness. The essential however is not only to reject but propose alternatives which could possibly re-establish social and global harmony. As the main issue concerns the relation between democracy and market economy, it would be an omission to ...
backus - NYU Stern School of Business
... Interest rates fell that spurred credit demand From 2000-2001, the Peruvian government brought the fiscal deficit down to just 0.9% of GDP During 2001-2002, inflation rate was at its lowest in 40 years ...
... Interest rates fell that spurred credit demand From 2000-2001, the Peruvian government brought the fiscal deficit down to just 0.9% of GDP During 2001-2002, inflation rate was at its lowest in 40 years ...
Borensztein Joshua
... the median (across products) elasticity estimated by Grossman (1982) is equal to 1.2, the median (across countries) elasticityestimated by Marquez and McNeilly (1987) is also equal to 1.2, and the elasticity estimated by Dornbusch (1985) for the aggregate of non—oil developing ...
... the median (across products) elasticity estimated by Grossman (1982) is equal to 1.2, the median (across countries) elasticityestimated by Marquez and McNeilly (1987) is also equal to 1.2, and the elasticity estimated by Dornbusch (1985) for the aggregate of non—oil developing ...
The Basic Problems of Economics
... investment spending would increase by about $83bn. In 1992 the USA spent 5.2% of its national income on defence whilst UK spent 4.1%, a drop of only 0.5% since 1980. However, these figures rose dramatically after the events of September 11th 2001, when America and UK both increased their defence bud ...
... investment spending would increase by about $83bn. In 1992 the USA spent 5.2% of its national income on defence whilst UK spent 4.1%, a drop of only 0.5% since 1980. However, these figures rose dramatically after the events of September 11th 2001, when America and UK both increased their defence bud ...
International migration, outsourcing, and Italian industrial districts
... substantial part of the teachers would be missing; the impossibility to have fresh fruit and vegetables on the tables, because no workers willing to harvest the crops could be found. Of course, immigrants, above all those of Latin American origin, currently carry out most of these activities. The fi ...
... substantial part of the teachers would be missing; the impossibility to have fresh fruit and vegetables on the tables, because no workers willing to harvest the crops could be found. Of course, immigrants, above all those of Latin American origin, currently carry out most of these activities. The fi ...
Theoretical Approaches to Inequality in Economics and Sociology. A
... in my opinion the most poisonous, is to focus on questions of distribution”. Economic analysis should not focus on problems of either inequality or income distribution but rather on issues concerning growth and poverty because “The potential for improving the lives of poor people by finding differen ...
... in my opinion the most poisonous, is to focus on questions of distribution”. Economic analysis should not focus on problems of either inequality or income distribution but rather on issues concerning growth and poverty because “The potential for improving the lives of poor people by finding differen ...
East African Community Customs Union
... per se, but as a vehicle for bringing about faster economic development. Nevertheless, a customs union on its own will not bring about faster economic development. Therefore, it has to be supported by other measures such as development of infrastructure, to link production areas to markets. In addit ...
... per se, but as a vehicle for bringing about faster economic development. Nevertheless, a customs union on its own will not bring about faster economic development. Therefore, it has to be supported by other measures such as development of infrastructure, to link production areas to markets. In addit ...
... during the previous decade. • With structures that result in less dynamism in the demand for certain commodities. • Moderate declines in the prices of some goods, though differing by good and still at levels relatively high in historic terms. • Reduced liquidity in international financial markets le ...
Economics
... Under imperialism, stronger nations attempt to create empires by dominating weaker nations. The late 1800s marked the peak of European imperialism, with much of Africa and Asia under foreign domination. Several factors account for the growth of imperialism. Economic factors: The growth of indu ...
... Under imperialism, stronger nations attempt to create empires by dominating weaker nations. The late 1800s marked the peak of European imperialism, with much of Africa and Asia under foreign domination. Several factors account for the growth of imperialism. Economic factors: The growth of indu ...
DEPARTMENT OF ECONOMICS
... It is not clear, however, that the conclusion follows from the premise. The relevant issue is the presence of trade imbalances within the planet, that is, between countries. As long as countries di§er along the relevant dimensions (saving rates, levels of capacity utilization, resource scarcity, con ...
... It is not clear, however, that the conclusion follows from the premise. The relevant issue is the presence of trade imbalances within the planet, that is, between countries. As long as countries di§er along the relevant dimensions (saving rates, levels of capacity utilization, resource scarcity, con ...
Case 5 - Group E - Rural Poverty in Developing Countries
... growth and alleviation of mass poverty. Substantial evidence suggests that a highly unequal distribution of income is not conducive to either economic growth or poverty reduction. Experience has shown that if countries put in place incentive structures and complementary investments to ensure that be ...
... growth and alleviation of mass poverty. Substantial evidence suggests that a highly unequal distribution of income is not conducive to either economic growth or poverty reduction. Experience has shown that if countries put in place incentive structures and complementary investments to ensure that be ...
An Asian Route to Capitalism: Religious Economy and the Origins of
... enclave of religious organizations, with monasteries acting as the first entrepreneurs. The model is illustrated by the case of Buddhism in late medieval Japan. The leading sector of monastic capitalism spread into the surrounding economy through religious movements of mass proselytization which nar ...
... enclave of religious organizations, with monasteries acting as the first entrepreneurs. The model is illustrated by the case of Buddhism in late medieval Japan. The leading sector of monastic capitalism spread into the surrounding economy through religious movements of mass proselytization which nar ...
xxii conferenza italiana di scienze regionali
... industries, several policy instruments exist which the European Union may utilise. One approach that has already been adopted is the European Union Emissions Trading Scheme (EU ETS). Under this scheme, the amount of carbon dioxide (CO2) that industry can emit is capped at a given level, and firms re ...
... industries, several policy instruments exist which the European Union may utilise. One approach that has already been adopted is the European Union Emissions Trading Scheme (EU ETS). Under this scheme, the amount of carbon dioxide (CO2) that industry can emit is capped at a given level, and firms re ...
Book Review - Lahore School of Economics
... for the IT Sector. The other driving element in globalization has been trade. Falling trade barriers and continuous reduction in transport and communication costs led to the shift of labor-intensive manufacturing industry from developed countries to developing countries. Improvements in telecommunic ...
... for the IT Sector. The other driving element in globalization has been trade. Falling trade barriers and continuous reduction in transport and communication costs led to the shift of labor-intensive manufacturing industry from developed countries to developing countries. Improvements in telecommunic ...
Fairly Good Plans
... from such policies will not be shared by everyone; but we think that most readers will be able to produce examples which in their view can produce gains of this size. On the other hand, there are many lines of research very actively pursued (perhaps rightly) that seem to offer gains of little greate ...
... from such policies will not be shared by everyone; but we think that most readers will be able to produce examples which in their view can produce gains of this size. On the other hand, there are many lines of research very actively pursued (perhaps rightly) that seem to offer gains of little greate ...
Can Developing Countries Afford to Ban or Regulate Child Labor
... The same kind of brutal competition -- in the domestic rather than the international economy -was involved in the employment of child labor in British and American factories in the 19th and early 20th centuries. Employers who would hire only adults would find themselves at a serious competitive disa ...
... The same kind of brutal competition -- in the domestic rather than the international economy -was involved in the employment of child labor in British and American factories in the 19th and early 20th centuries. Employers who would hire only adults would find themselves at a serious competitive disa ...
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.