The purpose of this guide is to explain in simple terms, the twenty economic
indicators followed by most investors and analysts. The next time you hear these
terms in the media and or financial press, you can use the information in this guide
to evaluate their potential effect on the economy and ultimately your portfolio.
Most important, this edition adds more than 500 new words and terms that
have come into common use since the previous edition was published. The addi-
tions are by no means comprehensive, but they include some of the most promi-
nent new locutions in a language that has grown increasingly rich. The Queen’s
English, often regarded as a paradigm of correct and "proper" usage, has been
busy absorbing words and phrases from diverse sources—some reflecting new
political alignments, some from overseas, many from the argot of the street. ...
In an age of uncertainty, peering 15 years into the future may seem like hubris. But ignoring long-term
trends—demographic, economic, corporate—is an even less attractive option. Understanding the long-term future is vital in ensuring that strategies are sustainable, that opportunities are identified at an early stage and that challenges are addressed beforethey become insurmountable.
This report assesses likely changes to the global economy, to eight major industries and to corporate structures between now and 2020. Our research drew on three main initiatives....
During the past three centuries, three economists stand out as archetypes,
symbols of three distinct approaches to economic philosophy. In the
eighteenth century, Adam Smith, a student of the Scottish Enlightenment,
expounded a “system of natural liberty” (what we might term a
liberal democratic order consisting of an unfettered market and limited
government), and elucidated how a nation flourishes and advances the
standard of living of its citizens.
Foreign direct investment may improve productivity through technology
transfer on the one hand, and it may also have other positive external effects through
corporate linkages (e.g. market access, or improved terms of financing) on the other
hand, thus promoting economic growth. These beneficial effects are not automatic,
though. Until the mid-nineties Hungary had played a leading role within the region
in attracting investments. After 1999, however, the country started accumulating
increasing competitive disadvantages as compared to its competitors.
The most informative dictionary of economics available, the Routledge Dictionary of
Economics avoids the tendency to indulge in long-winded definitions of the major
concepts and provides students with a lucid, comprehensive and accurate guide to the
discipline. Employing the key feature of further reading with many of the terms, the
book uses the subject classification system defined by the Journal of Economic Literature
and The Economic Journal.
To an economist, a contract is an agreement under which two parties make reciprocal
commitments in terms of their behavior - a bilateral coordination arrangement. Of course,
this formulation touches on the legal concept of the contract (a meeting of minds creating
effects in law), but also transcends it.
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)".
Fifty Major Economists provides a comprehensive and clear exposition of the ideas of those
individuals responsible for shaping the discipline of economics. Numerous examples help to
illustrate the key concepts and ideas of these economists. The book covers a wide range of
thinkers, spanning several centuries, beginning with Thomas Mun and Adam Smith, and
progressing to recent Nobel Prize winners such as Robert Lucas and Amartya Sen.
Few branches of economics have wielded as much influence on the world of policy as development economics. Virtually every major development strategy of the last 50 years is associated with some pioneering research that provided its intellectual underpinnings. Consider some of the key milestones. The dominant import substitution policies of the 1950s and 1960s were the practical realization of the ideas of Prebisch (1959) and Singer (1964) and were based on the famous Prebisch-Singer thesis on the declining terms of trade for primary products and the dynamic benefits of manufacturing. ...
Aquaculture is a general term for the resource, giving the human animal from the environment and human exploitation, aquaculture harvest used for food, raw materials or sold on the market. In the aquatic species, most commonly used fishing activities, aquaculture and exploitation of fish.
This book is not simply an annotated roster of the Society of Dead
Economists. As living economists grapple with modern economic
problems and begin to alter their views, more and more readers are
discovering a need for transitional books, books that bridge the gap
between what economics has been and what it is becoming. A Brief
History of Economics: Artful Approaches to the Dismal Science reflects
this desire for a bridge over sometimes troubled waters.
Stock Markets, Banks, and Economic Growth Ross Levine; Sara Zervos The American Economic Review, Vol. 88, No. 3. (Jun., 1998), pp. 537-558.
Stable URL: http://links.jstor.org/sici?sici=0002-8282%28199806%2988%3A3%3C537%3ASMBAEG%3E2.0.CO%3B2-9 The American Economic Review is currently published by American Economic Association.
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html.
The prevailing low food production in sub-Saharan Africa is an issue of
great concern especially since Africa south of the Sahara is the only remaining
region of the world where per capita food production has remained stagnant. This
chapter reviews long-term experiments in Africa in the context of shifting paradigms
related to tropical soil fertility management from fi rst external input paradigm right
through to the current Integrated Soil Fertility Management (ISFM) approach,
which is a culmination of the participatory methods developed along the paradigm
The two projects have the same economic impact, in terms of
generating income for factors of production and inducing additional
expenditures, but the hospital has a higher net present value than the
hole in the ground.
The lecture notes are organized as follows: Chapter 1 gives a concise
overview of the theory of Lebesgue and Stieltjes integration and convergence
theorems used repeatedly in this course. For mathematic students,
familiar e.g. with the content of Bauer (1996) or Bauer (2001),
this chapter can be skipped or used as additional reference .
Chapter 2 follows closely F¨ollmer’s approach to Itˆo’s calculus, and is
to a large extent based on lectures given by him in Bonn (see Foellmer
(1991)). A motivation for this approach is given in Sect. 2.1.
The value of the UK LCEGS sector was £106.5 billion in 2007/8. In terms of size, this puts the low
carbon and environmental economy somewhere between the UK’s healthcare and construction
The UK is the world’s sixth largest low carbon and environmental economy, with 3.5% of global market
share. As shown in Figure 2, the Environmental sector accounts for £22.3 billion (21%) of total UK
market value, Renewable Energy for £31.
A community of interbreeding individuals. No degree of relationship is assumed.
•The term “Stand”is often used synonymously. Geographic location where seed was collected.•Refers to natural forests, not plantations.•Provenance boundaries not always clear-cut, often one of judgment and opinion.•Provenance may have different genetic adaptation.
Preliminary analysis of the data reveals some noteworthy similarities and differences between
Chile and the other countries considered. Over this sample period, Chilean interest rates are on
average higher, more volatile, and less persistent than the interest rates for the other countries.
However, in Chile, the degree of co-movement between retail bank interest rates and the money
market rate is essentially the same as in other countries.