Unified growth theory was developed by Oded Galor and his co-authors to address the inability of endogenous growth theory to explain key empirical regularities in the growth processes of individual economies and the world economy as a whole.
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The credit market imperfection approach, developed by Galor and Zeira (1993), demonstrates that inequality in the presence of credit market imperfections has a long lasting detrimental effect on human capital formation and economic development.
Economic growth, the increase in value of the goods and services produced by an economy
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1) Senior Economist at The World Bank, working in East Asia (based in Bangkok from 2004 to 2006), Africa, Middle East, and Eastern Europe in the fields of macroeconomics, growth, public finance, infrastructure and energy;
There are five main project areas that FORGE is now working on: Education, Economic Development, Health Education, Women’s Empowerment and Community Enrichment.
This transition brought with it a new set of challenges, a bold vision and a transformational proactive behavior that set a new era of economic growth and stability in motion.
Quba has enjoyed strong economic growth over the last decade, much of it spurred by tourism and the construction industry.
Cultural critic Richard Barbrook argues that members of the digerati, who adhere to the Californian Ideology, embrace a form of reactionary modernism which combines economic growth with social stratification.
His most cited and influential publications include the books Restoring Japan's Economic Growth (1998) and Inflation Targeting: Lessons from the International Experience (1999, co-authored with Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System in the US, et al.), and a series of articles on the political economy of central bank independence, as well as more recent works on the global roles of the dollar and the euro.
Under the brand name Serena, TPS constructs and maintains a multitude of resorts, hotels and other tourist attractions that serve to stimulate local economic growth through increased employment, development of a skilled workforce, increased productivity of local businesses (particularly in the design and craft spheres) and the general development of given areas.
In November 2004, Deputy Prime Minister of Agriculture Qozidavlat Qoimdodov noted that economic growth and enhancement of quality of agricultural output were the key components of the national policy of Tajikistan.
He served as Research Director with National Commission on Tax Reform and Economic Growth, (the Kemp Commission), an advisor to the National Commission on the Cost of Higher Education, and as a member of the OMB transition team in 1981.
Conservative Chancellor George Osborne replaced the PBR and its policy announcements in 2010 with a new Autumn Statement focusing on economic growth and government finances as projected by the Office of Budget Responsibility.
Leonard Waverman, dean of McMaster University’s DeGroote School of Business and creator of the Connectivity Scorecard, an annual index that ranked countries according to how advanced their communications networks were in promoting productivity and economic growth.
According to theories first proposed by Louis Kelso, widespread use of central bank issued interest-free loans to fund employee-owned firms can finance economic growth whilst widening stock ownership in a way which binary economists believe will be non-inflationary.
Access to, property values, and economic growth in the neighborhood have been improved by the 1964 opening of the Stevenson Expressway, Interstate 55, the 1993 opening of the Orange Line rapid transit line, and the revitalization of the nearby Chicago Midway International Airport.
Annually Switzerland invests about 2.8 billion Swiss francs to fight poverty and to support the economic growth in the developing countries and Eastern European countries, including the CIS.
It has benefited from steady economic growth and is now the second commercial and financial center of the city, housing international firms like Moody's, Citibank, Aon Corporation, Huawei, Millicom International Cellular, Pan American Silver Corporation, a Sumitomo Corporation branch, Ernst & Young, and the "MegaCenter", Bolivia's biggest shopping mall (52.000 mts2 of construction).
The obstacles to Africa's economic growth include overall difficulties in doing business, the high adult prevalence rate of HIV/AIDS in Africa, low level of innovations (except for South Africa) and violations of worker's rights.
The name of this new electric energy company is "Artsakh HEK”, which already had a base capital of $5mln on the day of its inauguration. Prime Minister of Armenia, Tigran Sargsyan has called on the public and the diaspora to buy the shares of "Artsakh HEPS" and to invest in NKR economy, saying that its security and future relies on its economic growth and economic self-sufficiency.
Economist Leon Keyserling argued that the liberal task was to spread the benefits of abundance throughout society by stimulating economic growth.
Recent issues the city is facing include the Spring 2007 opening of a $50 million Canad Inns hotel and water park complex located adjacent to the Alerus Center, the impact of a realignment at Grand Forks Air Force Base, and economic growth coupled with a low unemployment rate.
Responsa have been inspired or necessitated by economic growth, social movements, and advances in technology, which wrought sweeping changes in the lives and living conditions of the Jews in different countries, as well as within Judaic streams; e.g., those of Reform Judaism and Zionism.
While PSO initially wooed the citizens of Inola with the promises of economic growth and better schools, after the Three Mile Island accident, and accidents at the Browns Ferry Nuclear Power Plant, the people became disillusioned with the idea of housing such a facility in their backyards.
IBLF was founded in 1990 by HRH The Prince of Wales, Robert Davies, and a group of chief executives of international companies in response to the emerging challenges of economic growth and change in the global economy.
However, a similar analysis by American economists Garett Jones and Schneider (2006) showed that IQ is a statistically significant explanatory variable of economic growth.
While serving as Minister of Economic Growth, Garvie played a role in stopping further government funding of the Bricklin sports car.
Slesser pioneered the study of the potential for economic growth that led to methods for estimating the economic carrying capacity through the ECCO (Evaluation of Capital Creation Options also referred to as the Enhancement of Carrying Capacity or Economic Coordination Options) model of an economy uses the stocks-and-flows paradigm (aka system dynamics) to track energy and other natural capital flows through the economy.
During the 70’s, the country was in a period of economic growth, due to the construction of the hydroelectric Itaipu dam, on the Paraná River, on the border with Brazil, and also thanks to the exportation of soya and cotton.
The city enjoys economic growth because it supplies a large part of the country's power needs with its abundant geothermal power resources in Tongonan and neighbouring Kananga town.
The American Jobs Act reflects the liberal preference for spurring economic growth through stimulating demand, which it would achieve primarily via stimulus spending and reduced taxes on workers.
In addition, the Laboratory created energy efficiency centers to promote economic growth while mitigating its harmful effects and participating on the United Nations panel on climate change assessments.
India's Supreme Court examined the facts related to the state government of Odisha's initiatives to enter into MoU to encourage economic growth in the state, and whether such development meets the intent of ecological and environmental laws of India.
However the rest of the 1990s saw the beginning of a period of continuous economic growth that lasted over 16 years and was greatly expanded under the New Labour government of Tony Blair following his landslide election victory in 1997, with a rejuvenated party having abandoned its commitment to policies including nuclear disarmament and nationalisation of key industries, and no reversal of the Thatcher-led union reforms.
Easterlin, Richard A. "Does Economic Growth Improve the Human Lot?" in Paul A. David and Melvin W. Reder, eds.
Empirical models that attempt to estimate the public investment and economic growth link involve a wide variety including: the Cobb-Douglas production function; a behavioral approach cost/profit function which includes public capital stock; Vector Auto Regression (VAR) models; and government investment growth regressions.
He became interested in demography and population studies through his participation as a Research Associate from 1953 to 1955 in the landmark Study of population Redistribution and Economic Growth in the United States conducted by Simon Kuznets and Dorothy Thomas.
Thirlwall, A. P. "Rowthorn's Interpretation of Verdoorn's Law", in Economic growth in theory and practice: A Kaldorian perspective.
"The Development of Sengoku Law" in Japan Before Tokugawa: Political Consolidation and Economic Growth, 1500 to 1650. John Whitney Hall, editor, Princeton: Princeton University Press.
Besides making substantial contributions to cleavage theory, with his partner Stein Rokkan, Lipset was one of the first proponents of the "theory of modernization", which holds that democracy is the direct result of economic growth.
Note that Robert Solow and Trevor Swan applied the term steady state a bit differently in their economic growth model.
Note that Robert Solow and Trevor Swan applied the term steady state a bit differently in their economic growth model.
William Easterly, an influential American economist specialising in economic growth and foreign aid, critically assessed The Bottom Billion in The Lancet.
The Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth is one of the six subcommittees within the Senate Committee on Finance, having been created on February 16, 2011, during the 111th Congress.
2008, G-20 Washington summit, agreement among the G-20 on how to cooperate in key areas so as to strengthen economic growth