Recent Economic Changes
Author | : David Ames Wells |
Publisher | : New York : D. Appleton |
Total Pages | : 532 |
Release | : 1889 |
Genre | : Economic history |
ISBN | : |
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Author | : David Ames Wells |
Publisher | : New York : D. Appleton |
Total Pages | : 532 |
Release | : 1889 |
Genre | : Economic history |
ISBN | : |
Author | : Committee on recent economic changes |
Publisher | : |
Total Pages | : 0 |
Release | : 1966 |
Genre | : |
ISBN | : |
Author | : United States. President's Conference on Unemployment. Committee on Recent Economic Changes |
Publisher | : |
Total Pages | : |
Release | : 1929 |
Genre | : |
ISBN | : |
Author | : Douglass C. North |
Publisher | : Princeton University Press |
Total Pages | : 200 |
Release | : 2010-04-19 |
Genre | : Business & Economics |
ISBN | : 1400829488 |
In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
Author | : Richard Dobbs |
Publisher | : PublicAffairs |
Total Pages | : 256 |
Release | : 2016-08-30 |
Genre | : Business & Economics |
ISBN | : 1610397622 |
Our intuition on how the world works could well be wrong. We are surprised when new competitors burst on the scene, or businesses protected by large and deep moats find their defenses easily breached, or vast new markets are conjured from nothing. Trend lines resemble saw-tooth mountain ridges. The world not only feels different. The data tell us it is different. Based on years of research by the directors of the McKinsey Global Institute, No Ordinary Disruption: The Four Forces Breaking all the Trends is a timely and important analysis of how we need to reset our intuition as a result of four forces colliding and transforming the global economy: the rise of emerging markets, the accelerating impact of technology on the natural forces of market competition, an aging world population, and accelerating flows of trade, capital and people. Our intuitions formed during a uniquely benign period for the world economy -- often termed the Great Moderation. Asset prices were rising, cost of capital was falling, labour and resources were abundant, and generation after generation was growing up more prosperous than their parents. But the Great Moderation has gone. The cost of capital may rise. The price of everything from grain to steel may become more volatile. The world's labor force could shrink. Individuals, particularly those with low job skills, are at risk of growing up poorer than their parents. What sets No Ordinary Disruption apart is depth of analysis combined with lively writing informed by surprising, memorable insights that enable us to quickly grasp the disruptive forces at work. For evidence of the shift to emerging markets, consider the startling fact that, by 2025, a single regional city in China -- Tianjin -- will have a GDP equal to that of the Sweden, of that, in the decades ahead, half of the world's economic growth will come from 440 cities including Kumasi in Ghana or Santa Carina in Brazil that most executives today would be hard-pressed to locate on a map. What we are now seeing is no ordinary disruption but the new facts of business life -- facts that require executives and leaders at all levels to reset their operating assumptions and management intuition.
Author | : |
Publisher | : |
Total Pages | : 36 |
Release | : 1929 |
Genre | : United States |
ISBN | : |
Author | : Richard Heinberg |
Publisher | : Rudolf Steiner Press |
Total Pages | : 404 |
Release | : 2012-07-09 |
Genre | : Business & Economics |
ISBN | : 1905570511 |
Economists insist that recovery is at hand, yet unemployment remains high, real estate values continue to drop, and governments stagger under record deficits. The End of Growth proposes a startling diagnosis: humanity has reached a fundamental turning point in its economic history. The expansionary trajectory of industrial civilization is colliding with non-negotiable, natural limits. Richard Heinberg's latest landmark work goes to the heart of the ongoing financial crisis, explaining how and why it occurred, and what we must do to avert the worst potential outcomes. Written in an engaging, highly readable style, it shows why growth is being blocked by three factors: Resource depletion; Environmental impacts, and; Crushing levels of debt. These converging limits will force us to re-evaluate cherished economic theories, and to reinvent money and commerce. The End of Growth describes what policy makers, communities and families can do to build a new economy that operates within Earth's budget of energy and resources. We can thrive during the transition if we set goals that promote human and environmental well-being, rather than continuing to pursue the now-unattainable prize of ever-expanding Gross Domestic Product.
Author | : David Ames Wells |
Publisher | : New York : D. Appleton |
Total Pages | : 532 |
Release | : 1889 |
Genre | : Economic history |
ISBN | : |
Author | : Edward Eyre Hunt |
Publisher | : |
Total Pages | : 950 |
Release | : 1929 |
Genre | : United States |
ISBN | : |
Author | : International Monetary Fund. Research Dept. |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 203 |
Release | : 2020-10-13 |
Genre | : Business & Economics |
ISBN | : 9781513556055 |
The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. While recovery in China has been faster than expected, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks.