Alternate Views on the Purpose of Business
... elected representatives, as delegated to management. The control system between owners and managers is explained by agency theory. Under agency theory, managers’ tendencies toward opportunistic self-interest are held in check by aligning their economic interests with those of the owners. Systemic co ...
... elected representatives, as delegated to management. The control system between owners and managers is explained by agency theory. Under agency theory, managers’ tendencies toward opportunistic self-interest are held in check by aligning their economic interests with those of the owners. Systemic co ...
Trade Liberalization and Economic Growth in Kenya An
... Gertz (2008). The import substitution policy drove towards protection of domestic industries at the expense of their competitiveness, which in turn enabled manufacturers to make profits even in cases off under utilized capacities. Kenyan manufacturers thus became inward oriented and failed to ventur ...
... Gertz (2008). The import substitution policy drove towards protection of domestic industries at the expense of their competitiveness, which in turn enabled manufacturers to make profits even in cases off under utilized capacities. Kenyan manufacturers thus became inward oriented and failed to ventur ...
E. refers to the fact that Leontieff
... large volume and growth in world trade between the United States and other OECD countries during the 50 years since World War II has clearly been related to a near universal (average) convergence in real wage levels in these countries, whereas the most obvious cases in which such a convergence did n ...
... large volume and growth in world trade between the United States and other OECD countries during the 50 years since World War II has clearly been related to a near universal (average) convergence in real wage levels in these countries, whereas the most obvious cases in which such a convergence did n ...
What drives China`s growth? - St Edmund Hall
... adoption of laws in some key respects was not too dissimilar to that of the United States at a similar stage of economic development. The institutional theories of growth therefore apply to China, but its precepts need modifying to account for the effective role played by incremental legal and insti ...
... adoption of laws in some key respects was not too dissimilar to that of the United States at a similar stage of economic development. The institutional theories of growth therefore apply to China, but its precepts need modifying to account for the effective role played by incremental legal and insti ...
Growth modeling: a comparative analysis of main frameworks with
... depending on their age. As they enter the job market, low experience causes low productivity. As they work, productivity rises and eventually reaches peak value, when the ratio of formal education and work experience is optimal, after which people begin to produce less output per capita (Gómez & de ...
... depending on their age. As they enter the job market, low experience causes low productivity. As they work, productivity rises and eventually reaches peak value, when the ratio of formal education and work experience is optimal, after which people begin to produce less output per capita (Gómez & de ...
Towards a Theory of Sustainable Development
... idea of confronting claims to state control with claims to radical privatization of the political economy of states after World War II. Many initiatives generated to improve the overall position of development in global society initially floundered on the problem of excessive state control and regul ...
... idea of confronting claims to state control with claims to radical privatization of the political economy of states after World War II. Many initiatives generated to improve the overall position of development in global society initially floundered on the problem of excessive state control and regul ...
GDP-12 – the Bank’s measure of trading partner demand
... roughly similar portion of total merchandise imports. The value of New Zealand’s merchandise imports is typically larger than exports. Merchandise trade deficits are frequently incurred against most trading partners, with the notable exceptions of the US and UK. However, prices for other exports (inc ...
... roughly similar portion of total merchandise imports. The value of New Zealand’s merchandise imports is typically larger than exports. Merchandise trade deficits are frequently incurred against most trading partners, with the notable exceptions of the US and UK. However, prices for other exports (inc ...
Aalborg Universitet Exploring Regional Social Compacts as Resistance Schmidt, Johannes Dragsbæk
... plan for an international order, as a portmanteau term for institutions and practices favourable to peace, development and effectiveness. The underlying assumption is based on a problem-solving approach; that an issue can be managed, a problem resolved; that there be accommodation of mutual interest ...
... plan for an international order, as a portmanteau term for institutions and practices favourable to peace, development and effectiveness. The underlying assumption is based on a problem-solving approach; that an issue can be managed, a problem resolved; that there be accommodation of mutual interest ...
Industrial Policy and the WTO
... provides no incentive per se for a firm to acquire more knowledge because it is an outputbased intervention. A firm will increase output by the least costly method, not necessarily by acquiring more technology. The correct policy implied by the argument, supposing it is demonstrated, calls for a sub ...
... provides no incentive per se for a firm to acquire more knowledge because it is an outputbased intervention. A firm will increase output by the least costly method, not necessarily by acquiring more technology. The correct policy implied by the argument, supposing it is demonstrated, calls for a sub ...
Analytical Note - European Commission
... situation of euro area Member States, the nature of the interdependency which exists between them, and their capacity to converge over time. In the short run, it is important to implement a consistent strategy around the "virtuous triangle" of structural reforms, investment and fiscal responsibility ...
... situation of euro area Member States, the nature of the interdependency which exists between them, and their capacity to converge over time. In the short run, it is important to implement a consistent strategy around the "virtuous triangle" of structural reforms, investment and fiscal responsibility ...
Issue 1 - Patrick M. Crowley
... speed and technology associated with transportation have led to a “smaller” world? Wheels, sails, compasses, railroads, telegraph, steam power, automobiles, telephones, airplanes, computers, fax machines, internet, fiber optics,… are technologies that have increased trade. But history has shown that ...
... speed and technology associated with transportation have led to a “smaller” world? Wheels, sails, compasses, railroads, telegraph, steam power, automobiles, telephones, airplanes, computers, fax machines, internet, fiber optics,… are technologies that have increased trade. But history has shown that ...
What is Sociological Theory?
... Today distinctions are often made between Sociological Theory and Social Theory. Sociological Theory is strongly oriented towards science and scientific testing. Theories are developed and their validity is tested through scientific methods. Sociological Theories are expressed in propositions. ...
... Today distinctions are often made between Sociological Theory and Social Theory. Sociological Theory is strongly oriented towards science and scientific testing. Theories are developed and their validity is tested through scientific methods. Sociological Theories are expressed in propositions. ...
Manifesto for a human economy Keith Hart
... Southern African node to the burgeoning network of scholars and activists mobilised in publications so far, we seek to give greater weight to African and Asian voices and to broaden the geographical range of South-South and North-South dialogue. Second, this is the first coordinated academic researc ...
... Southern African node to the burgeoning network of scholars and activists mobilised in publications so far, we seek to give greater weight to African and Asian voices and to broaden the geographical range of South-South and North-South dialogue. Second, this is the first coordinated academic researc ...
Macroeconomics - Nuffield College, University of Oxford
... of capital and labour, (d) a production function of Y=K¼.L¾. • [Hard] What is the half-life of the gap between any given level of capital per worker and the equilibrium? What saving rate would maximise consumption per worker in equilibrium? ...
... of capital and labour, (d) a production function of Y=K¼.L¾. • [Hard] What is the half-life of the gap between any given level of capital per worker and the equilibrium? What saving rate would maximise consumption per worker in equilibrium? ...
The role of subsidies in agricultural trade reform
... Financial assistance from the World Bank Trust Funds, particularly from DfID and BNPP, plus in-knd support from IFPRI, are gratefully acknowledged, as are the contributions of the country case study authors and the Washington- and Adelaide-based teams. Views expressed are the authors’ alone and not ...
... Financial assistance from the World Bank Trust Funds, particularly from DfID and BNPP, plus in-knd support from IFPRI, are gratefully acknowledged, as are the contributions of the country case study authors and the Washington- and Adelaide-based teams. Views expressed are the authors’ alone and not ...
Globalization, Interdependence and Sustainability
... century and early twentieth century reached levels of international trade (as a percentage of total economic activity) that were not achieved again until well after World War II. As well, since very early in the industrial revolution resources have been extracted throughout the world to feed into th ...
... century and early twentieth century reached levels of international trade (as a percentage of total economic activity) that were not achieved again until well after World War II. As well, since very early in the industrial revolution resources have been extracted throughout the world to feed into th ...
Towards Good Social Science - Centre for Policy Modelling
... Copernicus’. Of course, Tycho’s main contribution to the development of cosmology and science more generally was his careful measurement of the positions and motions of the main navigational stars, planets and the sun. It was these measurements, based on his development of highly accurate observatio ...
... Copernicus’. Of course, Tycho’s main contribution to the development of cosmology and science more generally was his careful measurement of the positions and motions of the main navigational stars, planets and the sun. It was these measurements, based on his development of highly accurate observatio ...
Parallel development
... In their paper, Jagdish N. Sheth, Atul Parvatiyar, and Mona Sinha present concepts and notions that are intensively discussed in relationship marketing. Many of these ideas are closely related to economic sociology. We refer to examples of trust and commitments, interdependency, shared values, power ...
... In their paper, Jagdish N. Sheth, Atul Parvatiyar, and Mona Sinha present concepts and notions that are intensively discussed in relationship marketing. Many of these ideas are closely related to economic sociology. We refer to examples of trust and commitments, interdependency, shared values, power ...
1 Forthcoming in Journal of Globalization and Development
... in terms of liquidity and depth. In contrast, the lack of a true eurobond market and the sense that the euro is backed by a heterogeneous group of countries of unequal strength has made this regional currency a poor substitute for the U.S. dollar. The basic advantage of a multicurrency arrangement i ...
... in terms of liquidity and depth. In contrast, the lack of a true eurobond market and the sense that the euro is backed by a heterogeneous group of countries of unequal strength has made this regional currency a poor substitute for the U.S. dollar. The basic advantage of a multicurrency arrangement i ...
Lecture 24
... and help us explain why ethnic antagonism is such a common element in different cultures. However, they tell us little about the social processes involved in discrimination. To study such processes, we must draw on sociological ideas. Ethnocentrism, Group Closure and Allocation of Resources Sociolog ...
... and help us explain why ethnic antagonism is such a common element in different cultures. However, they tell us little about the social processes involved in discrimination. To study such processes, we must draw on sociological ideas. Ethnocentrism, Group Closure and Allocation of Resources Sociolog ...
Notat til forelesning 4
... Radios, first produced in e.g. the US (only exports/ net trade), next in many high-income countries (possibly with high IIT), then in low-cost countries (little IIT). This may produce an inverse U curve for IIT share over time. The extent of IIT in the second stage depends on limited technology tran ...
... Radios, first produced in e.g. the US (only exports/ net trade), next in many high-income countries (possibly with high IIT), then in low-cost countries (little IIT). This may produce an inverse U curve for IIT share over time. The extent of IIT in the second stage depends on limited technology tran ...
The economics of degrowth
... Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full employment and economic stability without growth? What will happen to public spending and to public debt? How would production be organised in a de ...
... Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full employment and economic stability without growth? What will happen to public spending and to public debt? How would production be organised in a de ...
The economics of degrowth Ecological Economics
... Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full employment and economic stability without growth? What will happen to public spending and to public debt? How would production be organised in a de ...
... Economic degrowth is ecologically desirable, and possibly inevitable; but under what conditions can it become socially sustainable? How can we have full employment and economic stability without growth? What will happen to public spending and to public debt? How would production be organised in a de ...
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.