Unit VII - WordPress.com
... Five of the world’s 13 most indebted nations (as a share of GDP) are now in the Caribbean. Debt has accumulated because of successive years of fiscal deficits and, since the mid 1990s, borrowing by public enterprises and off-balance sheet spending, including financial sector bailouts. With mount ...
... Five of the world’s 13 most indebted nations (as a share of GDP) are now in the Caribbean. Debt has accumulated because of successive years of fiscal deficits and, since the mid 1990s, borrowing by public enterprises and off-balance sheet spending, including financial sector bailouts. With mount ...
Interview - EconStor
... 5 Is this control over the infinity of possibilities also what brings your analysis of capitalism so close to questions of religion, a connection you have been working on for a long time? Do we have to care more about religion in economic sociology in order to understand capitalism? The parallels be ...
... 5 Is this control over the infinity of possibilities also what brings your analysis of capitalism so close to questions of religion, a connection you have been working on for a long time? Do we have to care more about religion in economic sociology in order to understand capitalism? The parallels be ...
Examinating the Export-led Growth Hypothesis
... The argument for free trade is further questioned by looking at the developing countries whose specialisation is based on primary products, given that world demand for such commodities increased very slowly over time. Nevertheless, justification for free trade and verification of proposition that op ...
... The argument for free trade is further questioned by looking at the developing countries whose specialisation is based on primary products, given that world demand for such commodities increased very slowly over time. Nevertheless, justification for free trade and verification of proposition that op ...
`Limits to growth` and
... problems are thrown in its way, as apparently it has done in the past. The pessimist questions the success of these past technological solutions and fears that future problems may be more intractable.” Lecomber looks for evidence in an effort to judge between these two positions, but without success ...
... problems are thrown in its way, as apparently it has done in the past. The pessimist questions the success of these past technological solutions and fears that future problems may be more intractable.” Lecomber looks for evidence in an effort to judge between these two positions, but without success ...
AGEC 640 * Agricultural Policy
... – only those with relatively large stakes will participate in politics; – if people have similar and large stakes, they can lobby together; – the costs of participation can have a decisive influence; • if political information is easier to get, and • if political participation is easier to do, • the ...
... – only those with relatively large stakes will participate in politics; – if people have similar and large stakes, they can lobby together; – the costs of participation can have a decisive influence; • if political information is easier to get, and • if political participation is easier to do, • the ...
Policy Brief 16-5: How Offshoring and Global Supply Chains
... import their products, thereby costing jobs. If we make it harder for them to export into our market, we can produce more here, thereby creating more jobs at home.” But today 80 percent of all trade—exports as well as imports—takes place either within MNC networks or through supply chains organized ...
... import their products, thereby costing jobs. If we make it harder for them to export into our market, we can produce more here, thereby creating more jobs at home.” But today 80 percent of all trade—exports as well as imports—takes place either within MNC networks or through supply chains organized ...
Trade Insights China’s ‘New Normal’: Challenges Ahead ...
... particularly countries with special needs such as Mongolia, Turkmenistan, and Korea DPR whose economies dependent on commodity exports to China are highly vulnerable to the slowdown. The structural shift towards domestic consumption may also increase opportunities for countries exporting final goo ...
... particularly countries with special needs such as Mongolia, Turkmenistan, and Korea DPR whose economies dependent on commodity exports to China are highly vulnerable to the slowdown. The structural shift towards domestic consumption may also increase opportunities for countries exporting final goo ...
Industrial Policy Revisited: A New Structural Economics Perspective
... • A sector-targeted industrial policy is essential to achieve dynamic structural change and rapid, sustained growth in an economy. • Most industrial policies fail because they target industries that are not compatible with the country’s comparative advantage. • Successful industrial policy should ta ...
... • A sector-targeted industrial policy is essential to achieve dynamic structural change and rapid, sustained growth in an economy. • Most industrial policies fail because they target industries that are not compatible with the country’s comparative advantage. • Successful industrial policy should ta ...
CARICOM Declaration on the International Development Agenda
... Governments of the CARICOM Member States and of Spain welcome the degree of harmony they have achieved within the United Nations framework. Spain thanks the CARICOM Member States for studying the merits of Spain's candidacy to a non-permanent seat on the United Nations Security Council for the perio ...
... Governments of the CARICOM Member States and of Spain welcome the degree of harmony they have achieved within the United Nations framework. Spain thanks the CARICOM Member States for studying the merits of Spain's candidacy to a non-permanent seat on the United Nations Security Council for the perio ...
Document
... The possibility of an evolutionary program in economics was advocated by several economists at the turn of the nineteenth century (Marshall 1890; Menger 1892; Schumpeter 1912). Yet, it was most prominently expounded by Thorstein Veblen and has since been debated, interpreted, and advanced by many of ...
... The possibility of an evolutionary program in economics was advocated by several economists at the turn of the nineteenth century (Marshall 1890; Menger 1892; Schumpeter 1912). Yet, it was most prominently expounded by Thorstein Veblen and has since been debated, interpreted, and advanced by many of ...
Earw(h)ig: I can`t hear you because your ideas are old
... Perhaps the history of thought could be useful to the workaday economist, but given the perspective described above, practitioners will have to demonstrate that usefulness to the modern economist. It is, Mark Blaug (2001, p. 145) states, no secret that the history of economic thought is held in low ...
... Perhaps the history of thought could be useful to the workaday economist, but given the perspective described above, practitioners will have to demonstrate that usefulness to the modern economist. It is, Mark Blaug (2001, p. 145) states, no secret that the history of economic thought is held in low ...
ECO352_SampleFinal.pdf
... (b) “Consider two countries producing the same good with the same constant returns to scale production function, relating output to homogeneous capital and labor inputs. ... the Law of Diminishing Returns implies that the marginal product of capital is higher in the less productive (i.e., in the poo ...
... (b) “Consider two countries producing the same good with the same constant returns to scale production function, relating output to homogeneous capital and labor inputs. ... the Law of Diminishing Returns implies that the marginal product of capital is higher in the less productive (i.e., in the poo ...
Colonialism in the Theory of Growth
... The latter paper studies the pro¯tability of colonialism by taking into account the threat of extralegal appropriation by the indigenous population. However, neither looks at the dynamic impact of colonialism on capital accumulation and development. Their analyses can be therefore viewed as compleme ...
... The latter paper studies the pro¯tability of colonialism by taking into account the threat of extralegal appropriation by the indigenous population. However, neither looks at the dynamic impact of colonialism on capital accumulation and development. Their analyses can be therefore viewed as compleme ...
Public Investment Criteria: Economic Internal Rate of Return and
... First, the present value of the net benefits of the project must not be negative. Second, the net present value of the project must be higher than, or at least as high as the net present value of mutually exclusive project alternative s. Since a systems approach suggested by the general integer prog ...
... First, the present value of the net benefits of the project must not be negative. Second, the net present value of the project must be higher than, or at least as high as the net present value of mutually exclusive project alternative s. Since a systems approach suggested by the general integer prog ...
Chapter 3, Exploring the Family
... Family as a holistic unit, is a system, Husband-wife relationship is a subsystem Each family member’s behaviour affects every other member. ...
... Family as a holistic unit, is a system, Husband-wife relationship is a subsystem Each family member’s behaviour affects every other member. ...
To many, today, globalization is a four
... regime with nearly all imports coming under strict licensing by early 1970s. By the mid1970s, India’s trade regime had become so repressive that imports (other than oil and cereals) had fallen from the already low level of 7 percent of GDP in 1957-58 to 3 percent in 1975-76. Whereas Korea recognized ...
... regime with nearly all imports coming under strict licensing by early 1970s. By the mid1970s, India’s trade regime had become so repressive that imports (other than oil and cereals) had fallen from the already low level of 7 percent of GDP in 1957-58 to 3 percent in 1975-76. Whereas Korea recognized ...
Income Distribution and Economic Growth: Empirical Evidence from
... Salavadori (2003) emphasizes that an interest in the study of economic growth has experienced remarkable ups and downs in the history of economics. It was the central issue in classical political economy from Adam Smith to David Ricardo, and then in the critique by Karl Marx (Nelson, 1996; Salavador ...
... Salavadori (2003) emphasizes that an interest in the study of economic growth has experienced remarkable ups and downs in the history of economics. It was the central issue in classical political economy from Adam Smith to David Ricardo, and then in the critique by Karl Marx (Nelson, 1996; Salavador ...
Urban Studies Volume 50, Issue 2, February 2013 1. Title: Twin
... Abstract: Housing tenure sits at the heart of much academic and policy literature across many post-industrial countries, and, while debate is often centred on promoting tenure choice, surprisingly little is known of the underlying ways that the tenure chosen can affect health. While population char ...
... Abstract: Housing tenure sits at the heart of much academic and policy literature across many post-industrial countries, and, while debate is often centred on promoting tenure choice, surprisingly little is known of the underlying ways that the tenure chosen can affect health. While population char ...
Miracle Growth in Japan: Its Crucial Significance for the Economics
... the Heartland during the Cold War. In point of fact the Soviet Union enjoyed a huge military advantage over its most important adversary the United States that lay far removed from the World-Island by two vast oceans, the Atlantic and the Pacific. In short, the potential cost of exerting military fo ...
... the Heartland during the Cold War. In point of fact the Soviet Union enjoyed a huge military advantage over its most important adversary the United States that lay far removed from the World-Island by two vast oceans, the Atlantic and the Pacific. In short, the potential cost of exerting military fo ...
The Application of Evolutionary Concepts in Evolutionary Economics
... A path-breaking strand of this interpretation of an evolutionary economics reaches back to Thorstein Veblen. In 1898, Veblen (1898) put the question “Why is Economics not an Evolutionary Science?” to the audience and delivered an early theoretical concept for an evolutionary approach to economics, i ...
... A path-breaking strand of this interpretation of an evolutionary economics reaches back to Thorstein Veblen. In 1898, Veblen (1898) put the question “Why is Economics not an Evolutionary Science?” to the audience and delivered an early theoretical concept for an evolutionary approach to economics, i ...
Davide Nicolini (2013): Practice Theory, Work, and Organization. An
... 10.19154/njwls.v5i3a.4837 ...
... 10.19154/njwls.v5i3a.4837 ...
Anthony Birch: Nationalism and National Integration
... 5. Textual Connection: Kymlicka states that “Western theorists have failed to grapple satisfactorily with issues of ethnic diversity [because] they have been blinded by … the myth of ‘ethnocultural neutrality’.”2 He explains the long neglect of ethnic relations in Western theory not by a conviction ...
... 5. Textual Connection: Kymlicka states that “Western theorists have failed to grapple satisfactorily with issues of ethnic diversity [because] they have been blinded by … the myth of ‘ethnocultural neutrality’.”2 He explains the long neglect of ethnic relations in Western theory not by a conviction ...
Chapter 2: The Economic Problem: Scarcity and Choice
... Scarcity, Choice, and Opportunity Cost • Production is the process that transforms scarce resources into useful goods and services. • Resources or factors of production are the inputs into the process of production; goods and services of value to households are the outputs of the process of producti ...
... Scarcity, Choice, and Opportunity Cost • Production is the process that transforms scarce resources into useful goods and services. • Resources or factors of production are the inputs into the process of production; goods and services of value to households are the outputs of the process of producti ...
Russian Economics:From Marxism to Institutional Matrices Theory
... Zapiski dealing with the same issues. Marx then formulated the question as being whether the Russians can "find a path of development for their country which will be different from that which Western Europe pursued and still pursues" (Ibid., p. 352. Cit. by: Gouldner, ...
... Zapiski dealing with the same issues. Marx then formulated the question as being whether the Russians can "find a path of development for their country which will be different from that which Western Europe pursued and still pursues" (Ibid., p. 352. Cit. by: Gouldner, ...
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.