Beschreibung Economic Transformations: General Purpose Technologies and Long Term Economic Growth (English Edition). This book examines the long term economic growth that has raised the West's material living standards to levels undreamed of by counterparts in any previous time or place. The authors argue that this growth has been driven by technological revolutions that have periodically transformed the West's economic, social and political landscape over the last 10,000 years and allowed the West to become, until recently, the world's only dominant technological force.Unique in the diversity of the analytical techniques used, the book begins with a discussion of the causes and consequences of economic growth and technological change. The authors argue that long term economic growth is largely driven by pervasive technologies now known as General Purpose (GPTs). They establish an alternative to the standard growth models that use an aggregate production function and then introduce the concept of GPTs, complete with a study of how these technologies have transformed the West since the Neolithic Agricultural Revolution. Early modern science is given more importance than in most other treatments and the 19th century demographic revolution is studied with a combination of formal models of population dynamics and historical analysis.The authors argue that once sustained growth was established in the West, formal models can shed much light on its subsequent behavior. They build non-conventional, dynamic, non-stationary equilibrium models of GPT-driven growth that incorporate a range of phenomena that their historical studies show to be important but which are excluded from other GPT models in the interests of analytical tractability. The book concludes with a study of the policy implications that follow from their unique approach.
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Economic Growth in Developing Countries: The Role of Human ~ on economic growth. When put in terms of cognitive skills, the data reveal much larger skill deficits in developing countries than generally derived from just school enrollment and attainment. The magnitude of change needed makes clear that closing the economic gap with developed countries will require major structural changes in schooling institutions. The Measurement of Human Capital in .
Economic Growth Definition - investopedia ~ Economic growth is an increase in the production of goods and services in an economy. Increases in capital goods, labor force, technology, and human capital can all contribute to economic growth.
Economic growth: the impact on poverty reduction ~ Economic growth is the most powerful instrument for reducing poverty and improving the quality of life in developing countries. Both cross-country research and country case studies provide overwhelming evidence that rapid and sustained growth is critical to making faster progress towards the Millennium Development Goals – and not just the first goal of halving the global proportion of people .
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Disruptive technologies: Advances that will transform life ~ Disruptive technologies: Advances that will transform life, business, and the global economy, a report from the McKinsey Global Institute, cuts through the noise and identifies 12 technologies that could drive truly massive economic transformations and disruptions in the coming years. The report also looks at exactly how these technologies could change our world, as well as their benefits and .
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Economic and Political Weekly ~ The Indian tea economy is undergoing acute transformations, with the divestment of tea companies from plantations leaving thousands of plantation workers jobless, and small tea growers struggling with a general lack of knowledge and their dependency on bought leaf factories and intermediaries. Tax Payment as a Social Responsibility. Inequality in the Utilisation of Maternal Healthcare Services .
STRATEGY FOR AGRICULTURAL TRANSFORMATION IN AFRICA 2016-2025 ~ TRANSFORMATION IN AFRICA 2016-2025 May 2016 This document has been prepared under the supervision of Mr. Chiji OJUKWU, Director- OSAN by Mr. Ken B. JOHM, Lead Agricultural Economist-OSAN with Mr. Olagoke. OLADAPO, Chief Agro Economist-OSAN.3; Mr. Walter
THE CLASSICAL THEORY OF ECONOMIC GROWTH ~ influence economic growth and of the mechanisms underlying the growth process. Accumulation and productive investment of a part of the social surplus in the form of profits were seen as the main driving force. Hence, changes in the rate of profit were a decisive reference point for analysis of the long-term evolution of the economy. As
Development economics - Wikipedia ~ 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, education and workplace conditions, whether through public .
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Why education is the key to development / World Economic Forum ~ The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests.
Promote Sustainable Development / United Nations ~ From the start in 1945, one of the main priorities of the United Nations was to “achieve international co-operation in solving international problems of an economic, social, cultural, or .
sustainability / Description, Theories, & Practices ~ Sustainability, the long-term viability of a community, set of social institutions, or societal practice. Sustainability is usually understood as a form of intergenerational ethics that accommodates the economic, social, and environmental needs of current and future generations.
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Korea Economic Snapshot - OECD ~ Organisation for Economic Co-operation and Development (OECD) . Science and technology; Social and welfare issues; Tax; Trade; Coronavirus (COVID-19) Français; OECD Home Economy Korea Economic Snapshot. Korea Economic Snapshot . Economic Survey of Korea 2020. Presentation. Executive Summary. Further reading. The Korean economy: resilient but facing challenges, Blog Post; Korea: Roadmap to .
African Economic Outlook ~ African Economic Outlook is a reference website which focuses on the economics of most African countries. It reviews the recent economic and political situations and predicts the short and long term related economical, social and political evolution of most African countries.. This website covers economic policies, conditions and outlook for most of African countries.
Why education matters for economic development ~ Here are five things you should know about the pivotal role of education in economic development: . the Human Capital Theory posits that investing in education has a payoff in terms of higher wages. Moreover, the theory and empirical estimates are backed up by current science, as explained by James Heckman. Neurogenesis tells us that learning can continue into advanced ages. The relative .
Economics / Definition of Economics at Dictionary ~ Economics definition, the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. See more.