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Income Convergence During The Disintegration Of The World Economy 1919 39
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Book Synopsis Income Convergence During the Disintegration of the World Economy, 1919-39 by : Branko Milanovi?
Download or read book Income Convergence During the Disintegration of the World Economy, 1919-39 written by Branko Milanovi? and published by World Bank Publications. This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some economists have argued that the process of disintegration of the world economy between the two world wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period 1919-39 was associated with divergence of incomes among the rich countries is wrong. On the contrary, income convergence continued and even accelerated. Since the mid-19th century, incomes of rich countries tended to converge in peacetime regardless of whether their economies were more or less integrated. This, in turn, implies that it may not be trade and capital and labor flows that matter for income convergence but some other, less easily observable, forces like diffusion of information and technology.
Book Synopsis Income convergence during the disintegration of the world economy, 1919-39 by : Branko Milanovic
Download or read book Income convergence during the disintegration of the world economy, 1919-39 written by Branko Milanovic and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Income Convergence During the Disintegration of the World Economy, 1919-39 by :
Download or read book Income Convergence During the Disintegration of the World Economy, 1919-39 written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unexpected Convergence by : Branko Milanovic
Download or read book Unexpected Convergence written by Branko Milanovic and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some economists have argued that the process of disintegration of world economy between the two World Wars has led to increased income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence, and consequently that income divergence should follow upon economic disintegration. The paper shows that, empirically, the view that the period 1919-39 was associated with divergence of incomes among the rich countries, is wrong. On the contrary, convergence of their incomes continued and even accelerated. Since the mid-19th century, rich countries' incomes always tended to converge in peacetime regardless of whether their economies were more or less integrated. This, in turn, implies that it may not be trade, and capital and labor flows that matter for income convergence but some other, less easily observable, forces like diffusion of information and technology.
Book Synopsis Income Convergence During the Disintegration of the World Economy, 1919- 9 by : Branko Milanovic
Download or read book Income Convergence During the Disintegration of the World Economy, 1919- 9 written by Branko Milanovic and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capitalism's Achilles Heel by : Raymond W. Baker
Download or read book Capitalism's Achilles Heel written by Raymond W. Baker and published by John Wiley & Sons. This book was released on 2005-08-05 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over forty years in more than sixty countries, Raymond Baker has witnessed the free-market system operating illicitly and corruptly, with devastating consequences. In Capitalism’s Achilles Heel, Baker takes readers on a fascinating journey through the global free-market system and reveals how dirty money, poverty, and inequality are inextricably intertwined. Readers will discover how small illicit transactions lead to massive illegalities and how staggering global income disparities are worsened by the illegalities that permeate international capitalism. Drawing on his experiences, Baker shows how Western banks and businesses use secret transactions and ignore laws while handling some $1 trillion in illicit proceeds each year. He also illustrates how businesspeople, criminals, and kleptocrats perfect the same techniques to shift funds and how these tactics negatively affect individuals, institutions, and countries.
Book Synopsis Rapid Labor Reallocation with a Stagnant Unemployment Pool by : Jan Rutkowski
Download or read book Rapid Labor Reallocation with a Stagnant Unemployment Pool written by Jan Rutkowski and published by World Bank Publications. This book was released on 2002 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lithuania is a transition economy undergoing rapid enterprise restructuring associated with substantial job turnover. At the same time, unemployment in Lithuania is high and of long duration. This presents a puzzle: high job turnover epitomizes labor market flexibility, while high unemployment indicates labor market rigidities. What are the reasons behind this paradox? Why do the unemployed not benefit from job opportunities created by high job turnover, which entails high rates of job creation and hiring? To answer this question, the author looks at three perspectives on labor market flexibility: 1) The macroeconomic perspective-A flexible labor market is one that facilitates full use and efficient allocation of labor resources. 2) The worker perspective-A flexible labor market means ease in finding a job paying a wage adequate to the worker's effort and skills. 3) The employer perspective-A flexible labor market does not unduly constrain the employer's ability to adjust employment and wages to changing market conditions. The author looks at all three dimensions of labor market flexibility by analyzing job reallocation, worker transitions across labor force states, wage distribution, and regulatory constraints faced by employers. He focuses on the issue of job creation and job destruction, using micro level data on all registered firms. He finds that flexibility in one dimension can concur with rigidities in the other. Specifically, employers in Lithuania have a substantial degree of flexibility with employment adjustment coupled with limited flexibility to wage adjustment due to a high statutory minimum wage. The relatively rigid wage structure locks low productivity workers who are preponderant among the unemployed. The low-skilled long-term unemployed have become marginalized and unable to successfully compete for available jobs, while the high job turnover is accounted for largely by job-to-job transitions. As a result, a dynamic labor market coincides with a stagnant unemployment pool.
Book Synopsis Regulation, Productivity and Growth by : Giuseppe Nicoletti
Download or read book Regulation, Productivity and Growth written by Giuseppe Nicoletti and published by World Bank Publications. This book was released on 2003 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation and privatisation in the OECD area. We then look at the regulation-growth linkage using data that cover a large set of manufacturing and service industries over the past two decades. We focus on multifactor productivity (MFP), which plays a crucial role in GDP growth and accounts for a significant share of its cross-country variance. We find evidence that reforms promoting private governance and competition (where these are viable) tend to boost productivity. Both privatisation and entry liberalisation are estimated to have a positive impact on productivity. In manufacturing the gains are greater the further a given country is from the technology leader, suggesting that regulation limiting ...
Book Synopsis Biomechanics of Living Organs by : Yohan Payan
Download or read book Biomechanics of Living Organs written by Yohan Payan and published by World Bank Publications. This book was released on 2017-06-09 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Biomechanics of Living Organs: Hyperelastic Constitutive Laws for Finite Element Modeling is the first book to cover finite element biomechanical modeling of each organ in the human body. This collection of chapters from the leaders in the field focuses on the constitutive laws for each organ. Each author introduces the state-of-the-art concerning constitutive laws and then illustrates the implementation of such laws with Finite Element Modeling of these organs. The focus of each chapter is on instruction, careful derivation and presentation of formulae, and methods. When modeling tissues, this book will help users determine modeling parameters and the variability for particular populations. Chapters highlight important experimental techniques needed to inform, motivate, and validate the choice of strain energy function or the constitutive model. Remodeling, growth, and damage are all covered, as is the relationship of constitutive relationships of organs to tissue and molecular scale properties (as net organ behavior depends fundamentally on its sub components). This book is intended for professionals, academics, and students in tissue and continuum biomechanics. Covers hyper elastic frameworks for large tissue deformations Considers which strain energy functions are the most appropriate to model the passive and active states of living tissue Evaluates the physical meaning of proposed energy functions
Book Synopsis Migration and International Trade by : Roger White
Download or read book Migration and International Trade written by Roger White and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique book synthesizes and extends the immigrant trade literature and provides comprehensive coverage of this timely and important topic. In that vein, the author contributes to the understanding of the relationship between immigration and trade and sheds light on a noteworthy aspect of globalization that both confronts policymakers with challenges and offers the potential to overcome them. Roger White documents the pro-trade influences that immigrants have on US imports from, and exports to, their respective home countries. Variations in the immigrant trade link are addressed, as are the underlying factors that may determine the existence and operability of that link. The findings have direct implications for US immigration policy, suggesting that too few immigrants are currently admitted to the country and that a more liberal immigration policy may enhance social welfare. This book contains valuable economic analyses for undergraduates, postgraduates, researchers, educated laypersons and practitioners who are interested in public policy, international trade and economics, migration studies, international relations and globalization.
Book Synopsis Flat World, Big Gaps by : United Nations
Download or read book Flat World, Big Gaps written by United Nations and published by Zed Books. This book was released on 2007-03 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication sets out an empirical analysis of the impact of economic liberalisation and globalisation on inequality, poverty and development, including recent trends in economic growth, income distribution and global inequalities, and the comparative experiences of countries that have pursued different economic policies.
Book Synopsis Globalization in Question by : Paul Hirst
Download or read book Globalization in Question written by Paul Hirst and published by John Wiley & Sons. This book was released on 2015-01-28 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Globalization' is one of the key concepts of our time. It is used by both the right and the left as the cornerstone of their analysis of the international economy and polity. In both political and academic discussions, the assumption is commonly made that the process of economic globalization is well under way and that this represents a qualitatively new stage in the development of international capitalism. But is there in fact such a thing as a genuinely global economy? Globalization in Question investigates this notion, providing a very different account of the international economy and stressing the possibilities for its continued and extended governance. The new edition of this best-selling text has been thoroughly revised and updated to take into account new issues which have become salient in the period since the first and second editions were published. Several new chapters have been added and others combined or re-written to assess the growing supra-national regionalization of the international economy, the emergence of India and China as new super-powers, and the possibilities for the continued governance of the global system. A new author has been added to strengthen the analytical embrace of the book given the untimely death of Paul Hirst in 2003. Globalization in Question's third edition is a continuing intervention into current discussions about the nature and prospects of globalization. The book has far-reaching implications which will be of interest to students and academics in a number of disciplines including politics, sociology, economics and geography, as well as to journalists and policy-makers.
Book Synopsis The Great Divergence by : Jomo Kwame Sundaram
Download or read book The Great Divergence written by Jomo Kwame Sundaram and published by . This book was released on 2005 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume consists of historical surveys of North-South cross-border economic flows and their impact on the Third World. Each chapter discusses international trade, investment, finance, and labor from the late nineteenth century to the present.
Book Synopsis World Bank Research Program by : World Bank
Download or read book World Bank Research Program written by World Bank and published by . This book was released on 2002 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Survey Compliance and the Distribution of Income by : Johan A. Mistiaen
Download or read book Survey Compliance and the Distribution of Income written by Johan A. Mistiaen and published by . This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Globalization and Its New Divides by : Paul van Seters
Download or read book Globalization and Its New Divides written by Paul van Seters and published by Purdue University Press. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of the contributions in this volume originated as papers for two workshops of the Anniversary Conference of Tilburg University that was held in Tilburg, the Netherlands , on 26-28 March 2003. The Conference was entitled ""Sustainable Ties in the Information Society."" One of the workshops was on ""The Information Society and Its Discontents: The Search for ‘New' Recipes and Reform""; the other one was on ""Social Cohesion, Information Society and Education."" In light of obvious overlap of themes and content, after the Conference it was decided to join the efforts of the two work shops, and to strive for an integrated publication.
Download or read book Transition Newsletter written by and published by . This book was released on 2003 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt:
