Assignment on "The Four Pillars of The Knowledge Economy " The World Bank’s Knowledge Assessment Methodology (KAM: www.worldbank.org/kam) is an online interactive tool that produces the Knowledge Economy Index (KEI)–an aggregate index representing a country’s or region’s overall preparedness to compete in the Knowledge Economy (KE). The KEI is based on a simple average of four sub-indexes‚ which represent the four pillars of the knowledge economy: Economic Incentive and Institutional Regime (EIR)
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“Marketing‘s role is to ensure the continuance in growth of economies and the individual’s standard of living” ( M.J.Baker‚ 1985). According to the statement given by M.J.Baker‚ Marketing plays a vital role in the economic growth of the country periodically and sustain individuals standard of living. Marketing Definition “Marketing is a social and managerial process by which individuals and groups obtain what they need and want through creating‚ offering‚ and exchanging products of value with others”
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Real Peculiarities of African Economies: It is clear that Africa suffers from chronic failure of economic growth. A set of factors have frequently been raised to account for Africa`s poor economic performance‚ they include‚ but not limited to; * External conditions emanating from the legacy of centuries of slave trading and colonial rule as well as manipulation of African politics during the cold war. * Heavy dependence on a small number of primary exports coupled with declines and
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Knowledge Assets in the Global Economy: Assessment of National Intellectual Capital Journal of Global Information Management July-Sep‚ 2000‚ 8(3)‚ 5-15. “Our government is filled with knowledge...We have 316 years’ worth of documents and data and thousands of employees with long years of practical experience. If we can take that knowledge‚ and place it into the hands of any person who needs it‚ whenever they need it‚ I can deliver services more quickly‚ more accurately and more consistently.”
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whether to follow a command or market economy has significant influences on the countries potential and its people. A market economy is one that gives the people the freedom to shape the economy. Countries that have a market economy include the USA‚ Canada‚ and UAE. Command economy on the other hand‚ does the opposite where the government has full control on the economy. The USSR and North Korea both have a Command economy. Both of these types of economies have social goals and strive to benefit
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GLOBAL ECONOMY By: Porter‚ Michael E.; Economic Development Quarterly‚ Feb2000‚ Vol. 14 Issue 1‚ p15‚ 20p‚ 4 diagrams Economic geography during an era of global competition involves a paradox. It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Yet clusters‚ or geographic concentrations of interconnected companies‚ are a striking feature of virtually every national‚ regional‚ state‚ and even metropolitan economy‚ especially
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For this project‚ I would like to discuss the case of Planned Parenthood of Southeastern Pennsylvania v. Casey in 1992. This case was paramount in changing the way our country handles abortions. I think this topic will be very interesting and informative about how increasingly stringent abortion policies have affected the accessibility of abortions in this country for women. Additionally‚ it would be important to understand the implication this case had on the topic of women’s’ reproductive rights
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Why did Japan ’s economy boost in the 1980s? The boost of the Japanese economy in the 1980s is like most complicated historical events‚ it cannot be reduced to a single cause or reason. Indeed‚ several factors played major roles in this economical enhancement‚ including good government decisions‚ the foundation of a new education system‚ external factors such as the American occupation and the American donations after the Second World War. Lastly‚ the people’s recognition of the role they had to
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Why are most countries mixed economies? Nowadays‚ most countries prefer to have joint economic systems‚ of both planned and market systems which is known as mixed economy. “ In a mixed economy‚ the government and private sector interact in solving economic problems” (David B‚ 2009:327). In other words‚ mixed economy is a combination of market economy and centrally planned economy. “A market economy is an economy in which decisions about production and consumption are made by individual producers
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aggregate analysis‚ this paper examines the core contentions of the “varieties of capitalism” perspective on comparative capitalism. We construct a coordination index to assess whether the institutional features of liberal and coordinated market economies conform to the predictions of the theory. We test the contention that institutional complementarities occur across sub-spheres of the macroeconomy by
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