beginning to impinge on policy‚ as in the General Agree- ment on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA)‚ it remains a tangential concern‚ and the presumption is often made that economic - growth and economic liberalization (including the liberalization of intemational trade) are‚ in some sense‚ good for the environment. This notion has meant that economy-wide policy reforms designed to promote growth and liberalization have been encouraged with little regard to their
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INTRODUCTION In 1994 the World Bank described Singapore as the most successful economy in the world and moved Singapore from a third World country to a First World nation within a generation. From the Singapore Department of Statistics‚ Singapore’s gross domestic product (GDP) has grown approximately 7% annually from 1965 to 2009. This was accompanied by a low inflation rate of averaging about 2.1% yearly. Singapore’s 2009 per capita income of US$36‚537.00 is the second highest in Asia after
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Development of the Japanese Economy ― Development‚ Japanese/Asian Style ― For Students in the EDP&M Program April 2007 Shigeru T. Otsubo* GSID‚ Nagoya University (w/ inputs from Prof. A.Furukawa‚ Ritsumeikan Univ.) For Students in the Economic Development Policy and Management Program Prof. Shigeru T. OTSUBO The purpose of this presentation is four-fold: 1) to introduce the macroeconomic development process of the postwar Japanese economy (the so-called “Miracle Recovery”); 2) to explore
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15:15 r r r r r r r r r r r r r r r r r r r r r r r r r rr ECONOMIES AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr ew concepts in microeconomics‚ if any‚ are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry. Even the internal organization of a firm
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How Education And Training Affect The Economy February 25 2012| Filed Under » Economics‚ Post-Secondary Education‚ Young Investors Why do most workers with college degrees earn so much more than those without? How does a nation’s education system relate to its economic performance? Knowing how education and training interact with the economy can help you better understand why some workers‚ businesses and economies flourish‚ while others falter. See: Keeping Up With Your Continuing Education
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The service sector‚ also called the tertiary sector‚ is one of the three parts of the economy in the Three-sector hypothesis. This hypothesis breaks the economy into three main areas so it can be better understood. The other two are the primary sector‚ which covers areas such as farming‚ mining and fishing; and the secondary sector which covers manufacturing and making things. The service sector provides a service‚ not an actual product that could be held in your hand. Activities in the service
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Economic Environment Development of the Moroccan Economy The Moroccan economy is known for its macroeconomic stability. Inflation rates have always been relatively low‚ mainly due to the country’s restrictive currency regime. Morocco has been characterised by moderate to high growth rates. The country has benefited from its low labour cost and strategic location near the European mainland. Morocco has experienced a stronger growth than usual since the year 2000‚ caused by improved weather conditions
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ORGANİZASYON (İNGİLİZCE) BİLİM DALI NEW ECONOMY AND ITS SPECIFICATIONS (DIGITAL ECONOMY‚ INTERNET ECONOMY‚ KNOWLEDGE ECONOMY) Yüksek Lisans R. ERWİN PUTERA PAMUNGKAS SAPTONO İstanbul‚ 2010 1. Introduction From around 1938 to 1974‚ the economy was built on a manufacturing base geared toward standardized production. It was organized into stable‚ hierarchical and generally autocratic organizations. These organizations achieved a competitive edge in the market by making standardized products faster
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Political Economy of East Asia China’s sustained industrialization and urbanization over the next 20 years will lead to enormous demand for resources and energy. Exploring the major winners and losers. Table of Content 1. Abstract………………………………………………………………………………………………………………………………………3 2. Countries and industries that gain from China’s rise…..………………………………………………………………3 2.1 Countries that benefit……………………………………………………………………………………………………………3 2.2 Australia and Brazil………………………………………………………………………………………………………………
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CRITIQUING AN EMERGING ECONOMY An Emerging market has no one definition. An Emerging market is a nation with social or business activity in the process of rapid growth and industrialization with the economy of China and India is considered to be the largest (Tom Stoukas 2013). According to the International Monetary Fund estimates an emerging economy is expected to grow two to three times faster than developed nations like the US (Forbes‚ 2014). Rather than defining emerging markets by a particular size
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