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Trevor Winchester Swan, Volume II - Original PDF
Trevor Winchester Swan, Volume II - Original PDF
نویسندگان: Peter L. Swan خلاصه: We now come to the first set of papers which made Trevor Swan famous. When Trevor Swan moved to the chair at the ANU he continued to dwell over the problems of internal and external balance which had been concerning him as an advisor to Prime Minister Menzies and even earlier when he was developing his econometric model of the Australian economy. In particular he was concerned that the very rapid immigra- tion programme, and the investment required to equip the newly arriving migrants would lead to excess demand in the economy and so create difficulties for policymakers in their attempts to achieve full employment, low inflation and a satisfactory outcome on the balance of payments (see Swan, 1949, 1950a, 1950c, 1950d). As early as November 1952, Swan wrote a paper, Simple Algebra (1952) which is included in this volume, for a meeting of economists at the Commonwealth (Central) Bank in Sydney addressing the issue of simultaneously achieving three objectives:
Innovation and Regional Technological Convergence Theory and Evidence - Original PDF
Innovation and Regional Technological Convergence Theory and Evidence - Original PDF
نویسندگان: Tomasz Kijek • Arkadiusz Kijek • Anna Matras-Bolibok خلاصه: The concept of income convergence has drawn the attention of many economists involved in the growth debate (Alataş, 2021). Recent theories of growth and empirical studies suggest that heterogeneity with respect to technological conditions in general and total factor productivity—TFP in particular are identified as the most decisive factors for the rate of income convergence of countries (Islam, 2003). Apparently, depending on whether initial TFP differences decrease or increase over time, income convergence or divergence may be a matter of fact. This has directed researchers’ attention to the concept of technological (TFP) convergence. Although many empirical studies try to find the answer to the question of technological convergence at the country level (Dowrick & Nguyen, 1989; Wolf, 1991; Dougherty & Jorgenson, 1997; Tebaldi, 2016; Rath & Akram, 2019), regional technological convergence is the research area of relatively modest exploration. However, this situation started to change, since the importance of technological convergence and its determinants have progressively gained attention in both the scientific and the policy domains at the regional level (Rodil-Marzábal & Vence- Deza, 2020). In the context of the Lisbon Agenda (European Council, 2000) and the Europe 2020 strategy (Commission of the European Communities, 2010) goals of making Europe and its regions the most competitive and dynamic knowledge-based economies in the world, it seems crucial to find whether innovation, regarded as the main driver of regional TFP growth (Dettori et al., 2012), can stimulate technolog- ical convergence and under what conditions
Understanding Economic Transitions - Original PDF
Understanding Economic Transitions - Original PDF
نویسندگان: Berhanu Abegaz خلاصه: Around 1990, about a quarter of the world’s population lived in middle-income socialist economies and another quarter in high-income and middle-income cap- italist economies. The remainder lived in low-income economies with varying admixtures of planning, markets, and informal exchange institutions. Forty years later, the remaining outposts of socialism are Cuba and North Korea, while a few others (mainly in the former states of the Soviet Union) wallow in the no man’s land of neither functional capitalism nor socialism. The USSR sustained seven decades of statist socialism between 1922 and 1992, Central Eastern Europe (CE) and Southeastern Europe (SEE) for nearly five decades, and China for a little over three decades. By 2000, nearly all have systemically “transitioned” from a centrally-planned economy to some form of a decentrally organized market economy. How and why large parts of Europe, Eurasia, and East Asia transitioned out of the capitalist system in 1917–1952, how they managed to industrialize in non-market settings, and how and why they came back to the capitalist fold are questions comparative economic systems seek to address. Furthermore, this wrenching structural change entailed a concomitant political transition from a monoparty system to an illiberal multiparty system in formerly socialist Europe and the former Soviet Union (FSU). Comparative Economic Systems (CES) focuses on the workings of institu- tional economic mechanisms across economic systems and income levels. CES, at the macro-, meso-, and micro-levels, dwells on the two foundations of an economic system: ownership types for productive assets (state vs. private) and the degree of centralization of decision-making over resource allocation and income distribu- tion (plan vs. market). The conceptual entry points are incentives (known rewards or residual legatee rights) and the sources of discipline (bureaucratic-based or market-based competition). More broadly, Comparative Economics (CE), which is broader than CES, melds the study of economic systems with historical insti- tutionalism and development economics to explore the determinants of prosperity and inequality properties over time and across economic space within a given economic system
Food Security in the Economy of the Futur - Original PDF
Food Security in the Economy of the Futur - Original PDF
نویسندگان: Elena G. Popkova · Bruno S. Sergi خلاصه: Computerized agricultural machinery has simplified and improved the comfort of agricultural labor, providing a significant increase in produc- tivity and production capacity. Internet-based e-commerce has optimized value chains in the agro-industrial sector. State Internet monitoring of the activities of agricultural enterprises has increased the accountability of their activities and the effectiveness of the agricultural policy. As digital agriculture took shape in the late twentieth and early twenty- first centuries, it successfully addressed key food security issues of the time. Countries have had the opportunity to implement ambitious food security doctrines and cover the entire population with nutrition security moni- toring programs. The then-existing demand for food was temporarily covered. However, the situation has changed dramatically as new global challenges to food security have emerged
The Pearl of the East The Economic Impact of the Colonial Railways in the Age of High Imperialism in Southeast Asia - Original PDF
The Pearl of the East The Economic Impact of the Colonial Railways in the Age of High Imperialism in Southeast Asia - Original PDF
نویسندگان: Dídac Cubeiro Rodríguez خلاصه: During the last decades of the nineteenth century until the 1930s, economic growth in Southeast Asia (we understand Southeast Asia at the end of the nineteenth century: Burma, British colony, Thailand or inde- pendent Siam, Malaysia British colony, Indonesia or Dutch East Indies, Dutch colonies, Indochina, French colonies and the Philippines, Spanish colonies until the end of the century, and from 1898 onwards, American colonies until independence) was a common fact among the economies of the region, despite finding differences in the growth patterns of different countries. Particularly relevant are the studies of Maddison, who analyze Indochina and the Dutch East Indies (Maddison 1990, p. 364). In the case of the Philippines, the most relevant growth model studies are provided by Hooley, with an attempt to explain the growth of the Philip- pines (Hooley 2005, pp. 464–488) and Booth, who emphasizes the analysis of the impact of the provision of new land for the plantation economy in the Philippine archipelago (Booth 2007, pp. 241–266). It should also be noted that these models often work with partially estimated data for dates for which there are no historical references, particularly when data from more remote areas must be covered. In the case of the Philippines, we have worked with data from engineering and execution projects for the Spanish period, and census data for the North American period
Transportation Systems for Tourism - Original PDF
Transportation Systems for Tourism - Original PDF
نویسندگان: M. R. Dileep · Francesca Pagliara خلاصه: The term “transportation system” is usually referred to the equipment and logistics of transporting passengers and goods. It covers the trips by all means of transport, from cars and buses to boats, aircraft, and even space travel. The objective of a transportation system is to coordinate the movement of people, goods, and vehicles in order to use routes most efficiently. When implemented, transportation systems seek to reduce transport costs and improve delivery times through effective timetabling and route management. Periodic re-evaluations and the development of alternative routes allow for timely changes to the transportation system to for increasing the efficiency. A standard transportation system will usually feature multiple timetables designed to inform the user of where each vehicle in the fleet is expected to be at any given point in time. These timetables are developed alongside an array of route plans designed to coordinate vehicle movements in a way that prevents bottlenecks in any one location. The main benefit of implementing a transportation system is delivery of goods and users to their destinations in a timely manner. This, in turn, increases the effi- ciency of vehicle use, as the same vehicle can be used for “multi-drop” jobs, such as bus services or home delivery networks, far more effectively when their routes are planned in advance rather than being generated “on the fly”. Transportation systems are developed in a wide variety of sizes. Local transport networks spanning the bus network for a city and its suburbs are common, as are country-wide delivery networks for haulage firms. Airlines use international transportation systems to coordinate their flights. The larger the distance being covered, the more effective the use of vehicles when a transportation system is used.
Ecological Money and Finance - Original PDF
Ecological Money and Finance - Original PDF
نویسندگان: Thomas Lagoarde-Segot خلاصه: v As early as 1890, the economist Alfred Marshall wrote: ‘Economic condi- tions are constantly changing, and each generation looks at its own prob- lems in its own way’. Our generation, in turn, faces particularly pressing problems: financial crises, the uncertain effects of technological change, widening income and wealth inequalities, rising public and private debts, geopolitical tensions, climate change, degradation of natural systems, etc. One particularly worrying fact is that the ‘Great Industrial Acceleration’ has now been identified as the root cause of a major disruption of the Earth system. This disruption is undermining not only the resilience of our global economy but also life on Earth. As shown in Fig. 1, a simple linear regression between global GDP and kilotons of CO2 emissions shows a correlation coefficient of 0.966. A linear regression between global market capitalization and CO2 emissions also shows a correlation coefficient of 0.960. The accumulation of monetary wealth (through GDP) thus mirrors the unaccounted destruction of ecosystem services, and the accumulation of a colossal energy and ecological debt. The rate of species extinction is now 100 times higher than the average observed over the last 10 million years. Nearly 1 million species are threatened with extinction. Compliance with the Paris Agreement—which commit to keeping global warming well below 2° by 2100—is clearly a civilizational issue that calls for a deep reorientation of our socioeconomic mode
Inter-firm Networks Coordination Through Board and Department Interlocks - Original PDF
Inter-firm Networks Coordination Through Board and Department Interlocks - Original PDF
نویسندگان: Lucio Biggiero · Robert Magnuszewski خلاصه: Firms do not interact only through prices, quantity or quality: rather they employ many other ways to coordinate their behavior. However, it is still rather unclear under which circumstances the mix of different ways is built, neither the relative relevance of each of them. What is sure is that one of such ways is through sharing a director between boards of related companies: this is the phenomenon named interlocking directorates or, more recently, board interlock (BINT), known since long, but still deserving a lot of attention. Actually, this is a form of coordination which occurs at a company’s highest level, because boards decide—or at least address to—the strategic behavior. There are indeed many reasons to share a director, reasons that do neither always nor intentionally deal with strategic issues. However, whatever they are, the effects of board interlock always impact, to a more or less extent, the sphere of strategies. Further, and more noteworthy, more or less intentionally and extensively, they imply some form of knowledge creation and sharing, espe- cially under its tacit form. In fact, what should actually be done when one sits in a board and how to perform this is not a task so precisely defined: its concrete execution depends primarily and essentially on the personal characteristics of each involved director and on various organization-specific circumstances. Hence, this is the conceptual perspective applied into this book: Board interlocks are inter-firm coordination forms that channel strategic knowledge, which is a resource particu- larly precious in innovation-based industries, and one becoming progressively more important also in all other industries. Due to these characteristics, the main research streams employed in this work are the four following: board interlocks, knowledge networks, inter-firm networks and Social Network Analysis (hereafter, SNA) as the main methodological approach.
Education and Economic Development - Original PDF
Education and Economic Development - Original PDF
نویسندگان: Daniela-Mihaela Neamţu خلاصه: The foundation of present-day society is based on human resources as a key element for growth and based on education for economic and social prosperity. It has become a true fact that current development relies heav- ily on education and culture as a business model, some communities hav- ing their own internalized ways, while other cultures provide for a more open society. Consequently, education in modern society has become a field of study as well as an object of study for teachers, economists, soci- ologists, and many other researchers. The progress of a society, considered from both an economic and a social perspective, is accomplished by acquir- ing knowledge allowing the human potential to be used in the best pos- sible way in various conditions. Education stands for the foundation of a free and open society, the cornerstone of a powerful and sound state. From a professional point of view, education represents the key foundation of human resource develop- ment worldwide. Globally, society itself heads continuously toward a knowledge-based economy, where education and performance are con- stantly judged against performance indexes, as well as a comparison index, among countries. Numbers and narratives lead to the transformation and valorization of strategic resources based on innovation, learning, and chang
Law and Economic Development - Original PDF
Law and Economic Development - Original PDF
نویسندگان: Kaushik Basu · Ajit Mishra خلاصه: CHAPTER 1 Introduction Kaushik Basu and Ajit Mishra In recent decades and especially in the last few years, we have witnessed several dramatic changes in the global economy. The rise of artificial intelligence, digital technology, and mega platforms that collect data and facilitate trade is changing the landscape of economics. Rapid globaliza- tion since the end of World War II, with a pick-up in pace over the last three to four decades, has created new challenges for law and regulation since increasingly contentious conflicts arise, which span multiple coun- tries and legal jurisdictions. With new technology and globalization, the demand for traditional labor has been declining, creating new societal tensions and political polarization. Digital technology is giving rise to massive economies of scal

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