Economic growth‚ specifically long-term economic growth‚ and development relies on the capability of human capital to accumulate value. This means the ability of team managers to be more efficient with asset production‚ but also making sure efficient fund allocation is implemented and invested in the most useful places. Traditionally‚ banks‚ alternative financial institutions‚ stock markets‚ pensions funds have been utilize to evolve individual savings from income into additional capital monitored
Premium Economics Economic growth
undue tax burden hindered growth. President Reagan suggested a 30% tax cut that would be rolled out in 3 years while in office. Most of the tax cut would go to the upper income level individuals to enable the rich invest and create more jobs. These major policy modifications were aimed at increasing economic growth‚ restoring healthy financial markets‚ balancing the budget‚ increasing savings and investments and reducing inflation and interest rates. The outcome of these policy changes was however mixed
Premium President of the United States Ronald Reagan George H. W. Bush
University of Westminster BEQM601 Economic Theory and Policy Solution guide for problem set 3A Problem 1 (a) Because Holly spends 40% of her income for good 1 no matter what happens to her income or to the prices‚ her optimal expenditure share is fixed. So for Holly [pic]. For Holly‚ the optimal demands are therefore: [pic]. For Holly‚ optimal demand for good 1 depends on the income and the price of good 1‚ but does not depend on the price of good 2. Optimal demand for good 2 depends on its
Premium Stock market Consumer theory Price point
To what extend was Fidel Castros maintaining in power a result of his economic policies? Fidel Castro was one of the longest ruling leaders in South America. This essay discusses the question if his maintaining in power was caused by his economic policies‚ namely his agriculture reforms‚ his reforms towards the ideals of the revolution and communism‚ the year of the ten million and the fight against the influence of foreigners‚ or by his social reforms‚ the influence of the foreign powers of the
Free Fidel Castro Cuba Che Guevara
EVALUATE THE CURRENT NIGERIA AGRICULTRAL POLICY IN THE LIGHT OF AGRICULTURE FOR PRO-POOR GROWTH: INTRODUCTION The assignment would attempt to define ’Pro Poor Growth’‚ analyse the role of agriculture in addressing the problem of poverty with more emphasis on the current agricultural policy in Nigeria. It would be ascertain whether those policies saw the light of the day and some remedies will be suggested as a way forward. PR-POOR GROWTH: In some literature‚ growth is termed Pro Poor when incomes of
Premium Agriculture Poverty
Contemporary Economic Policy Assignment: Virtual Chancellor Introduction The Virtual Chancellor Simulation is a web site designed to give to anyone the power to control for a moment the keys of the economic growth model of his\her country and try according to them‚ by changing the suitable parameters‚ to lead the economy to its own prosperity. However it is not an easy thing to be in that position‚ because you have to take under consideration a lot of variables and risks and you have to satisfy
Premium Macroeconomics Keynesian economics Tax
The economic policies of West German government in the 1950s would have allowed for the average‚ middle-class‚ German citizen to purchase the Volkswagen Beetle. West Germany was prosperous‚ stable‚ and moving forward with their policies opposed to their neighbor-East Germany. After the war the West recovered with what is usually regarded as the “economic miracle” that allowed for such purchases‚ like the car‚ to occur. When the war ended and the Reich made their declaration of unconditional surrender
Premium World War II Germany Cold War
the American Revolution and the Civil War had great significance for the United States’ economy. Although initially the economy seemed unstable at first‚ after the second war that America fought with England‚ the economy began to show considerable growth thereafter. This can be seen as the result of the cotton trade in the South and the eventual industrialisation of America‚ especially in the Northeast and later the West. From the invention of cotton gins to the adaptation of railways one can see
Premium United States Cotton American Civil War
An enormous amount of researches and studies have been made on the specific relationship between trade openness and economic growth. The world environment of trade of products‚ goods and services is considered as one of the main reason of economic growth of economies today. The research of a significant and positive or negative relationship between trade openness and economic growth in the actual context seems to be a prerequisite to better understand globalization. To better understand the nexus
Premium Economics Globalization International trade
Statement of the Problem Has cyber terrorism become a bigger concern to the government since the 9/11 attacks and the war on terrorism? When it comes to terrorism‚ people often think I is only restricted to physical harm. It is because of this oblivion that cyber terrorism is on the rise. According to the U.S. Federal Bureau of Investigation‚ cyber terrorism is any "premeditated‚ politically motivated attack against information‚ computer systems‚ computer programs‚ and data which results in violence
Premium Terrorism Computer security Computer