REGULATION IN THE MARKETPLACE: AN ECONOMIC LITERATURE REVIEW Market Foundations
... thrive: the government’s approach to improving the UK’s long-run growth performance involves implementing microeconomic reforms to remove the barriers which prevent markets from functioning efficiently.2 The government has recently launched a new enterprise strategy – published jointly by the Depart ...
... thrive: the government’s approach to improving the UK’s long-run growth performance involves implementing microeconomic reforms to remove the barriers which prevent markets from functioning efficiently.2 The government has recently launched a new enterprise strategy – published jointly by the Depart ...
sufficiency economy: a happiness development
... of happiness. To promote peaceful and harmonious living in the world, human’s mind development toward true happiness is essential. Human must go through happiness development process with an aim to develop true happiness that is beyond the basic, hedonic happiness. The means to reach happiness at t ...
... of happiness. To promote peaceful and harmonious living in the world, human’s mind development toward true happiness is essential. Human must go through happiness development process with an aim to develop true happiness that is beyond the basic, hedonic happiness. The means to reach happiness at t ...
Biographical Information Curriculum Vitae of Willem H. Buiter General
... 2013 Foreign member, Koninklijke Hollandsche Maatschappij der Wetenschappen (Royal Society of Sciences of Holland). ...
... 2013 Foreign member, Koninklijke Hollandsche Maatschappij der Wetenschappen (Royal Society of Sciences of Holland). ...
Kuwait Following the Gulf War
... historically enjoyed significant budget surpluses, are now threatened with equally significant fiscal deficits. These negative scenarios have led to a belief in an inherent resource “curse” among resource-rich countries. On August 2, 1990, Iraq invaded neighboring Kuwait amid tense macroeconomic and ...
... historically enjoyed significant budget surpluses, are now threatened with equally significant fiscal deficits. These negative scenarios have led to a belief in an inherent resource “curse” among resource-rich countries. On August 2, 1990, Iraq invaded neighboring Kuwait amid tense macroeconomic and ...
The Contribution of Government Expenditure on Economic Growth
... significant proportion of her total public sector expenditure to lay the foundation for economic growth and sustainable development, but this has not been the case in Nigeria. However, we are careful not to jump to the conclusion that the preponderance of recurrent expenditure over capital expenditu ...
... significant proportion of her total public sector expenditure to lay the foundation for economic growth and sustainable development, but this has not been the case in Nigeria. However, we are careful not to jump to the conclusion that the preponderance of recurrent expenditure over capital expenditu ...
2011:2 What is the natural interest rate?
... is that households often build up a certain savings buffer that can be used in times when expenses are unexpectedly high. The assumption of consumption smoothing has been an important part of macroeconomic theory since the 1950s, when Modigliani and Brumber (1954) and Friedman (1957) launched their ...
... is that households often build up a certain savings buffer that can be used in times when expenses are unexpectedly high. The assumption of consumption smoothing has been an important part of macroeconomic theory since the 1950s, when Modigliani and Brumber (1954) and Friedman (1957) launched their ...
Natural Resource Charter - Natural Resource Governance Institute
... range of decisions. Each decision requires governments to consider complex options and trade-offs and devise strategies to implement these policy choices. To help governments make decisions, the charter contains 12 precepts. The first 10 precepts elaborate guidance on how a country and its governmen ...
... range of decisions. Each decision requires governments to consider complex options and trade-offs and devise strategies to implement these policy choices. To help governments make decisions, the charter contains 12 precepts. The first 10 precepts elaborate guidance on how a country and its governmen ...
Labour or Total Factor Productivity: Do We Need to Choose?
... While the neoclassical model assumes TFP to be determined outside the model, ‘new’ growth theory, or endogenous growth theory, attempts to explain the evolution of the TFP. All new growth theories stress the importance of ideas as the underlying ‘engine’ of growth. However, they differ in what is po ...
... While the neoclassical model assumes TFP to be determined outside the model, ‘new’ growth theory, or endogenous growth theory, attempts to explain the evolution of the TFP. All new growth theories stress the importance of ideas as the underlying ‘engine’ of growth. However, they differ in what is po ...
Liquidity, Innovation, and Endogenous Growth
... expect their profits to last for a longer period until a new firm enters the industry.6 The frictions faced by entrants then have contrasting effects on growth. On the one hand, they deter fresh entry (which decreases growth); on the other hand, they prompt innovation by incumbents (which increases ...
... expect their profits to last for a longer period until a new firm enters the industry.6 The frictions faced by entrants then have contrasting effects on growth. On the one hand, they deter fresh entry (which decreases growth); on the other hand, they prompt innovation by incumbents (which increases ...
PDF
... result of industries "purchasing" favorable regulations via campaign contributions. Similar ideas were applied to trade policies by Tullock (1967), who recognized that individuals spend resources to gamer the rents created by distorting tariffs. The existence of rent-seeking activity has important w ...
... result of industries "purchasing" favorable regulations via campaign contributions. Similar ideas were applied to trade policies by Tullock (1967), who recognized that individuals spend resources to gamer the rents created by distorting tariffs. The existence of rent-seeking activity has important w ...
Eco-efficiency Indicators: Measuring Resource-use Efficiency and the Impact of Economic Activities on
... sustainable development”. Later, it was popularized by the World Business Council for Sustainable Development (WBCSD) for the business sector in the course of the United Nations Conference on Environment and Development (UNCED) in 1992. Not surprisingly, eco-efficiency has received significant atten ...
... sustainable development”. Later, it was popularized by the World Business Council for Sustainable Development (WBCSD) for the business sector in the course of the United Nations Conference on Environment and Development (UNCED) in 1992. Not surprisingly, eco-efficiency has received significant atten ...
A-level Economics Mark scheme Unit 02 - The National
... (i) An issue based approach. The mark scheme for questions 01, 02, 03, 05, 06 and 07 of the data response questions adopts this approach. The mark scheme lists the marks that can be awarded for particular issues (and associated development) that the candidate might include in the answer. (ii) A leve ...
... (i) An issue based approach. The mark scheme for questions 01, 02, 03, 05, 06 and 07 of the data response questions adopts this approach. The mark scheme lists the marks that can be awarded for particular issues (and associated development) that the candidate might include in the answer. (ii) A leve ...
高寒牧区人类活动对生态环境的影响
... has been endangering by grassland degradation, timberline tracking-out and shrinkage of wetland in recent years, which led to a series of environment problems, such as, desertification[1], the loss of biodiversity[2], soil degradation[3], water loss and soil erosion[4], and carbon-sink missing[5]. N ...
... has been endangering by grassland degradation, timberline tracking-out and shrinkage of wetland in recent years, which led to a series of environment problems, such as, desertification[1], the loss of biodiversity[2], soil degradation[3], water loss and soil erosion[4], and carbon-sink missing[5]. N ...
Fairly Good Plans
... consumption path c, such that consumption at time t is ct . Suppose there exists a welfare ordering, or valuation, of consumption paths. If c is equivalent, in welfare terms, to the balanced growth path yielding consumption y& at t, we shall call y the balancedgrowth equivalent (BGE) of c. For such ...
... consumption path c, such that consumption at time t is ct . Suppose there exists a welfare ordering, or valuation, of consumption paths. If c is equivalent, in welfare terms, to the balanced growth path yielding consumption y& at t, we shall call y the balancedgrowth equivalent (BGE) of c. For such ...
A 4 The Mixed Economy cont
... American Agriculture American agriculture assumes a richness and variety unmatched in most other parts of the word. In part, this is due to the vastness of the nation itself; in part, it is due to the generosity of nature. American agriculture is, by any standards, big business. Indeed, the term “a ...
... American Agriculture American agriculture assumes a richness and variety unmatched in most other parts of the word. In part, this is due to the vastness of the nation itself; in part, it is due to the generosity of nature. American agriculture is, by any standards, big business. Indeed, the term “a ...
Economic Content - The Manchester Independent Economic Review
... developing economies into the global economy. In hindsight, however, lax economic and regulatory policies may have allowed unsustainable growth, and may have contributed to a build-up in imbalances across financial, housing, and commodity markets. At the same time, market flaws, together with policy ...
... developing economies into the global economy. In hindsight, however, lax economic and regulatory policies may have allowed unsustainable growth, and may have contributed to a build-up in imbalances across financial, housing, and commodity markets. At the same time, market flaws, together with policy ...
Abstract - Brad DeLong
... In the early 1970s, U.S. productivity growth fell off a cliff. Measured output per personhour worked in nonfarm business had averaged a growth rate of 2.88 percent per year from 1947 to 1973. It averaged a growth rate of only 1.30 percent per year from 1973 to 1995. The deceleration in the growth ra ...
... In the early 1970s, U.S. productivity growth fell off a cliff. Measured output per personhour worked in nonfarm business had averaged a growth rate of 2.88 percent per year from 1947 to 1973. It averaged a growth rate of only 1.30 percent per year from 1973 to 1995. The deceleration in the growth ra ...
THE HISTORY OF STAGFLATION: A REVIEW OF IRANIAN
... caused inflation to remain high. The situation worsened during which time he initiated the control of wage and price and the energy crisis began in 1973, until his resignation. In chapter III, the United States stagflationary period and its cures will be discussed precisely. ...
... caused inflation to remain high. The situation worsened during which time he initiated the control of wage and price and the energy crisis began in 1973, until his resignation. In chapter III, the United States stagflationary period and its cures will be discussed precisely. ...
Chapter 12 Aggregate Supply, Aggregate Demand
... the models of aggregate demand we've worked with so far: In theory, it seems, policies should be able to raise output infinitely high! In a graph like Figure 12.2, for example, there is nothing in the model that would seem to prevent expansionary policies from just shifting the AD curve, and output, ...
... the models of aggregate demand we've worked with so far: In theory, it seems, policies should be able to raise output infinitely high! In a graph like Figure 12.2, for example, there is nothing in the model that would seem to prevent expansionary policies from just shifting the AD curve, and output, ...
CHAPTER 19: Debates in Macroeconomics: Monetarism, New
... theories has come from a school sometimes referred to as the new classical macroeconomics. Like monetarism and Keynesianism, this term is vague. No two new ...
... theories has come from a school sometimes referred to as the new classical macroeconomics. Like monetarism and Keynesianism, this term is vague. No two new ...
Foreign Asset Accumulation, Macroeconomic Policies and
... money and foreign exchanges in a framework of the modern theory of international …nance, and reexamines the theoretical predictions of the model in the long run and short run. Even though mercantilism has been examined, criticized, or even ridiculed ever since Adam Smith, some formal models of merca ...
... money and foreign exchanges in a framework of the modern theory of international …nance, and reexamines the theoretical predictions of the model in the long run and short run. Even though mercantilism has been examined, criticized, or even ridiculed ever since Adam Smith, some formal models of merca ...
