characteristics of african economies
... marginalization increasing not diminishing in many areas. ...
... marginalization increasing not diminishing in many areas. ...
Vicious and Virtuous Circles
... riches which the nature of [a nation’s] soil and climate, and its situation with respect to other countries, allow it to acquire.” ...
... riches which the nature of [a nation’s] soil and climate, and its situation with respect to other countries, allow it to acquire.” ...
Summary
... Despite the analogies between the two downturns, governments in the recent case implemented faster and sharper fiscal and monetary policies than in the thirties: a reason why the worldwide contraction was milder in 2007-2010. The role of new emerging markets and multilateral institutions are also hi ...
... Despite the analogies between the two downturns, governments in the recent case implemented faster and sharper fiscal and monetary policies than in the thirties: a reason why the worldwide contraction was milder in 2007-2010. The role of new emerging markets and multilateral institutions are also hi ...
Inventing Imaginary Societies
... of the way neoclassical economics worked. Neoclassical economics and Keyneseanism co-exist until this day, but the former dominates mainstream economics. Adam Smith’s assumptions about human nature are still used in the standard economic theories of today, and are often summarised by the use of the ...
... of the way neoclassical economics worked. Neoclassical economics and Keyneseanism co-exist until this day, but the former dominates mainstream economics. Adam Smith’s assumptions about human nature are still used in the standard economic theories of today, and are often summarised by the use of the ...
Modern Economic Development
... to the very rapid growth experienced recently by economies like China, India and the so-called ‘Asian tigers’ (Japan, South Korea, Singapore, Taiwan). So again, the puzzle is why did (or have) only some countries managed to embark on a process of ‘catch up’ while others have been left behind? For ex ...
... to the very rapid growth experienced recently by economies like China, India and the so-called ‘Asian tigers’ (Japan, South Korea, Singapore, Taiwan). So again, the puzzle is why did (or have) only some countries managed to embark on a process of ‘catch up’ while others have been left behind? For ex ...
Corporate Social Responsibility: Relevance In Education and Technology: India
... and business need to avail opportunities where they can play a role of being growth promoters of the knowledge-based economy. One of the earliest and most influential exponents of the knowledge society developed out of the writings of a conservative American sociologist Daniel Bell in The Coming of ...
... and business need to avail opportunities where they can play a role of being growth promoters of the knowledge-based economy. One of the earliest and most influential exponents of the knowledge society developed out of the writings of a conservative American sociologist Daniel Bell in The Coming of ...
Examples of early spice trade Early developments in spice trade
... by at least 0.5%. For every 10% increase in the importance of international trade in an economy, average income levels will rise by at least 5%. ...
... by at least 0.5%. For every 10% increase in the importance of international trade in an economy, average income levels will rise by at least 5%. ...
A Worldwide Depression - History With Mr. Green
... States. Many countries that depended on exporting goods to the United States also suffered. Moreover, when the United States raised tariffs, it set off a chain reaction. Other nations imposed their own higher tariffs. World trade dropped by 65 percent. This contributed further to the economic downtu ...
... States. Many countries that depended on exporting goods to the United States also suffered. Moreover, when the United States raised tariffs, it set off a chain reaction. Other nations imposed their own higher tariffs. World trade dropped by 65 percent. This contributed further to the economic downtu ...
An arrow in the Achilles` heel of sustainability and wealth
... investments do not correspond to the predicted levels, we misspecified the forecasting function or a policy reform occurred (or both). In both cases, the shadow prices should be recalculated. Thus, if we continue to take seriously comprehensive investment accounting in the coming decades, a revision ...
... investments do not correspond to the predicted levels, we misspecified the forecasting function or a policy reform occurred (or both). In both cases, the shadow prices should be recalculated. Thus, if we continue to take seriously comprehensive investment accounting in the coming decades, a revision ...
ASSOCIATION FOR SOCIAL ECONOMICS INTERVIEW SERIES
... Interview of John Davis by Jonathan Wight John B. Davis is Professor of Economics, Marquette University, and Professor of Economics, University of Amsterdam, is author of Keynes’s Philosophical Development (Cambridge, 1994), The Theory of the Individual in Economics (Routledge, 2003), Individuals an ...
... Interview of John Davis by Jonathan Wight John B. Davis is Professor of Economics, Marquette University, and Professor of Economics, University of Amsterdam, is author of Keynes’s Philosophical Development (Cambridge, 1994), The Theory of the Individual in Economics (Routledge, 2003), Individuals an ...
Advances in Environmental Biology
... industry and plays an important role in revealing consequences of ICT, second, by ICT applications which are visible in all social and economic aspects and third, by ICT spillover effects in all economic sectors which use ICT as an influential element. Komeijani & Mahmoudzade [16] in a research titl ...
... industry and plays an important role in revealing consequences of ICT, second, by ICT applications which are visible in all social and economic aspects and third, by ICT spillover effects in all economic sectors which use ICT as an influential element. Komeijani & Mahmoudzade [16] in a research titl ...
Asia and South America: A Quasi-Common
... extent that a concrete base of economic interests was there to support it. Compared to “big bang” approaches and correspondingly high requisites in terms of political capital and complex diplomatic negotiations, like those in Europe, the amount of political capital necessary in the Asian QCE was kep ...
... extent that a concrete base of economic interests was there to support it. Compared to “big bang” approaches and correspondingly high requisites in terms of political capital and complex diplomatic negotiations, like those in Europe, the amount of political capital necessary in the Asian QCE was kep ...
THE GLOBAL ECONOMIC SLOWDOWN: HOW HAS THE
... sectors of the economy, the paper observes that the agricultural sector was not severely hit by the downturn, as evidenced by a positive trade surplus of over R5,9 billion recorded by the sector during 2008 after experiencing a trade deficit in the previous year. The quantity of exports also rallied ...
... sectors of the economy, the paper observes that the agricultural sector was not severely hit by the downturn, as evidenced by a positive trade surplus of over R5,9 billion recorded by the sector during 2008 after experiencing a trade deficit in the previous year. The quantity of exports also rallied ...
What Happened to “Efficient Markets”?
... market efficiency in Whither Socialism? he writes: One of the claims frequently made of the price system is its informational efficiency. . . . To be sure, there is great informational efficiency. Under the idealized conditions of the Arrow-Debreu model, prices do convey information efficiently from ...
... market efficiency in Whither Socialism? he writes: One of the claims frequently made of the price system is its informational efficiency. . . . To be sure, there is great informational efficiency. Under the idealized conditions of the Arrow-Debreu model, prices do convey information efficiently from ...
The Rise and Fall of Export-led Growth
... of neo-classical trade theory, asserts any employment effects of under-valued exchange rates are at worst temporary. That is because monetary factors are supposedly neutral. Either the real exchange rate adjusts to offset the effects of money, or the money supply adjusts via the specie-flow mechanis ...
... of neo-classical trade theory, asserts any employment effects of under-valued exchange rates are at worst temporary. That is because monetary factors are supposedly neutral. Either the real exchange rate adjusts to offset the effects of money, or the money supply adjusts via the specie-flow mechanis ...
Keynote: Simon Upton (OECD)
... most advanced technologies and R&D. They may also be outsourcing part of the dirtier, less efficient production. At the same time, less advanced firms may require more investment or more adjustment in general, to cope with regulation. If they can’t cope, some of them may indeed exit from the market. ...
... most advanced technologies and R&D. They may also be outsourcing part of the dirtier, less efficient production. At the same time, less advanced firms may require more investment or more adjustment in general, to cope with regulation. If they can’t cope, some of them may indeed exit from the market. ...
From Economic Cooperation to Collective Security
... various national developmental efforts of member-states, for accelerating and achieving the goals of self-reliance and sustainable development in the sub-region. At the global level, its formation was encouraged, in fact significantly boosted, by the bourgeoning emphasis placed on economic integrati ...
... various national developmental efforts of member-states, for accelerating and achieving the goals of self-reliance and sustainable development in the sub-region. At the global level, its formation was encouraged, in fact significantly boosted, by the bourgeoning emphasis placed on economic integrati ...
Walrasian Economics in Retrospect
... the idea that economics should model the individual as a selfish calculating machine. "Attemptshave been made," he wrote in the preface of the firstedition, "to constructan abstract science with regard to the actions ofan 'economicman' who is under no ethical influencesand who pursues pecuniary gain ...
... the idea that economics should model the individual as a selfish calculating machine. "Attemptshave been made," he wrote in the preface of the firstedition, "to constructan abstract science with regard to the actions ofan 'economicman' who is under no ethical influencesand who pursues pecuniary gain ...
2010 - 11th Annual Graduate Student Conference
... relatively understudied in English but dominant figure in Latin American marxism, was also inspired by Sorel to propose the social revolution as an active and animating myth to replace a 'declining order' of bourgeois society. Sorel's concept of the myth provided meaningful inspiration to two of the ...
... relatively understudied in English but dominant figure in Latin American marxism, was also inspired by Sorel to propose the social revolution as an active and animating myth to replace a 'declining order' of bourgeois society. Sorel's concept of the myth provided meaningful inspiration to two of the ...
MODELLING OF SOCIOECONOMIC CRISES IN EARLY WARNING
... ment mechanisms, the theory of catastrophes is fully applicable to the analysis of conditions under which the system stops developing in the dynamics and enters the phase of bifurcation. Seen in this perspective, the conclusions of the catastrophe theory can be used to analyze the conditions for avo ...
... ment mechanisms, the theory of catastrophes is fully applicable to the analysis of conditions under which the system stops developing in the dynamics and enters the phase of bifurcation. Seen in this perspective, the conclusions of the catastrophe theory can be used to analyze the conditions for avo ...
Two Responses to the Failings of Modern Economics: the
... Strassmann has captured the situation well in the course of promoting a feminist alternative approach to economics: “To a mainstream economist, theory means model, and model means ideas expressed in mathematical form. In learning how to “think like an economist,” students learn certain critical conc ...
... Strassmann has captured the situation well in the course of promoting a feminist alternative approach to economics: “To a mainstream economist, theory means model, and model means ideas expressed in mathematical form. In learning how to “think like an economist,” students learn certain critical conc ...
`Secular Stagnation` meets Piketty`s capitalism in the 21st century
... policymakers (see the overview in Teulings and Baldwin, eds. 2014). The basic tenet of the Keynesian-flavour secular stagnation hypothesis is a chronic shortfall of aggregate demand due to an excess of private savings over private investments, which can only be eliminated by a significantly negative ...
... policymakers (see the overview in Teulings and Baldwin, eds. 2014). The basic tenet of the Keynesian-flavour secular stagnation hypothesis is a chronic shortfall of aggregate demand due to an excess of private savings over private investments, which can only be eliminated by a significantly negative ...
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.