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Convergence And Public Investiment
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Book Synopsis The Direct Employment Impact of Public Investment by : Marian Moszoro
Download or read book The Direct Employment Impact of Public Investment written by Marian Moszoro and published by International Monetary Fund. This book was released on 2021-05-06 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: We evaluate the direct employment effect of the public investment in key infrastructure—electricity, roads, schools and hospitals, and water and sanitation. Using rich firm-level panel data from 41 countries over 19 years, we estimate that US$1 million of public spending in infrastructure create 3–7 jobs in advanced economies, 10–17 jobs in emerging market economies, and 16–30 jobs in low-income developing countries. As a comparison, US$1 million public spending on R&D yields 5–11 jobs in R&D in OECD countries. Green investment and investment with a larger R&D component deliver higher employment effect. Overall, we estimate that one percent of global GDP in public investment can create more than seven million jobs worldwide through its direct employment effects alone.
Book Synopsis Enriching Children, Enriching the Nation by : Robert G. Lynch
Download or read book Enriching Children, Enriching the Nation written by Robert G. Lynch and published by . This book was released on 2007 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: "[This book] examines the costs and benefits of both a targeted and a universal prekindergarten program and shows the positive impact of these programs on the economy, federal and state budgets, and the educational achievement and earnings of children and adults."--Book jacket.
Book Synopsis The Next Convergence by : Michael Spence
Download or read book The Next Convergence written by Michael Spence and published by Macmillan + ORM. This book was released on 2011-05-10 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Washington Post Notable Nonfiction Book for 2011 With the British Industrial Revolution, part of the world's population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world. Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood. Spence clearly and boldly describes what's at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.
Book Synopsis Public Investment, Growth and Fiscal Constraints by : Massimo Florio
Download or read book Public Investment, Growth and Fiscal Constraints written by Massimo Florio and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It provides new data, policy evaluation, and offers national and regional perspectives. The core research questions are the effect of public investment in the context of macroeconomic disequilibrium and how it is possible to finance capital accumulation in the present and future conditions of mounting public sector debt. The contributors reveal that there is now a convincing case for public investment as an essential driver of convergence and growth in Europe. However, a new international and inter-generational fiscal pact to frame a more optimistic view of the role of government is needed. This book explores how public investment matters for growth, how fiscal conditions may support investment, and the role EU regional policy can have in terms of structural change and investment needs. Public Investment, Growth and Fiscal Constraints provides new data analyses on the EU New Member States in Central and Eastern Europe making it an essential tool for academics, students and practitioners interested in public finance and European Economics. The structural and public finance issues in these former transition economies raised in this book will also strongly appeal to policymakers, officials and consultants. The book is based on an independent research project of the University of Milan, supported by the European Investment Bank.
Book Synopsis Convergence by : National Research Council
Download or read book Convergence written by National Research Council and published by National Academies Press. This book was released on 2014-06-16 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Convergence of the life sciences with fields including physical, chemical, mathematical, computational, engineering, and social sciences is a key strategy to tackle complex challenges and achieve new and innovative solutions. However, institutions face a lack of guidance on how to establish effective programs, what challenges they are likely to encounter, and what strategies other organizations have used to address the issues that arise. This advice is needed to harness the excitement generated by the concept of convergence and channel it into the policies, structures, and networks that will enable it to realize its goals. Convergence investigates examples of organizations that have established mechanisms to support convergent research. This report discusses details of current programs, how organizations have chosen to measure success, and what has worked and not worked in varied settings. The report summarizes the lessons learned and provides organizations with strategies to tackle practical needs and implementation challenges in areas such as infrastructure, student education and training, faculty advancement, and inter-institutional partnerships.
Book Synopsis Weak Convergence of Financial Markets by : Jean-Luc Prigent
Download or read book Weak Convergence of Financial Markets written by Jean-Luc Prigent and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive overview of weak convergence of stochastic processes and its application to the study of financial markets. Split into three parts, the first recalls the mathematics of stochastic processes and stochastic calculus with special emphasis on contiguity properties and weak convergence of stochastic integrals. The second part is devoted to the analysis of financial theory from the convergence point of view. The main problems, which include portfolio optimization, option pricing and hedging are examined, especially when considering discrete-time approximations of continuous-time dynamics. The third part deals with lattice- and tree-based computational procedures for option pricing both on stocks and stochastic bonds. More general discrete approximations are also introduced and detailed. Includes detailed examples.
Book Synopsis Hunger in the Contemporary World by : Amartya Sen
Download or read book Hunger in the Contemporary World written by Amartya Sen and published by . This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Convergence and Economic Policies by : Jeffrey Sachs
Download or read book Economic Convergence and Economic Policies written by Jeffrey Sachs and published by . This book was released on 1995 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the crucial debates in development economics are encapsulated in the question of economic convergence. Is there a tendency for the poorer countries to grow more rapidly than the richer countries, and thereby to converge in living standards? Some recent research on endogenous growth has emphasized increasing returns as a possible reason not to expect convergence. Other research has suggested that convergence may be achieved only after poor countries attain a threshold level of income or human capital. This paper presents evidence that a sufficient condition for higher-than-average growth of poorer countries, and therefore convergence, is that poorer countries follow reasonably efficient economic policies, mainly open trade and protection of private property rights.
Book Synopsis Modernizing China by : W. Raphael Lam
Download or read book Modernizing China written by W. Raphael Lam and published by International Monetary Fund. This book was released on 2017-01-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation is that it can no longer be achieved by raising the amount of physical investment and government direction of resource allocation. Instead China is building a new set of policy frameworks that will allow markets to function more effectively—not unfettered markets, but markets that work efficiently, in line with broad social and other policy goals, and in a sustainable way. Hence, China is now building a new soft infrastructure, that is, the institutional plumbing that underpins and guides the functioning of markets as the key organizing principle toward achieving sustained economic and social progress. Against this background, this volume provides policymakers, academics, and the public with valuable information about policies and institutions in China today. It also looks at the road ahead and key principles that can help China in navigating it. The book focuses on issues crucial in the country’s transformation, such as tax policy and administration, social security, state-owned enterprise reform, medium-term expenditure frameworks, the role of local government finances, capital account liberalization, and renminbi internationalization. As China moves toward a more price-based allocation of resources, strengthening monetary policy frameworks and financial sector regulation will be particularly important in channeling resources to the most productive sectors and minimizing the risks of financial sector stress. Also, upgrading statistical frameworks will be critical for macroeconomic policymaking and investors. Visit : http://www.elibrary.imf.org/page/modernizing-china
Book Synopsis Economic Growth and Convergence by : Robert J. Barro
Download or read book Economic Growth and Convergence written by Robert J. Barro and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Convergence Guidebook for Corporate Financial Reporting by : Bruce Pounder
Download or read book Convergence Guidebook for Corporate Financial Reporting written by Bruce Pounder and published by John Wiley & Sons. This book was released on 2009-03-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a result of the global convergence of financial reporting standards, U.S. GAAP is changing profoundly. U.S. GAAP is also being abandoned by many public and private companies, and will eventually be replaced by a higher-quality set of global standards. The Convergence Guidebook for Corporate Financial Reporting provides the timely, practical guidance that CFOs, controllers, and other financial managers need in order to prepare for the impact of Convergence on their companies, departments, and careers. Guidebook readers will also learn why they must begin preparing for "the next big challenge in corporate financial reporting" now.
Book Synopsis Public Investment and Regional Economic Development by : Daniel Felsenstein
Download or read book Public Investment and Regional Economic Development written by Daniel Felsenstein and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Public Investment and Regional Economic Development is a very interesting and stimulating reading for policymakers and anyone doing research in this area.' - Adelheid Holl, Environment and Planning C: Government and Planning The relationship between public investment and regional economic development is of perennial interest and is particularly topical now as issues of infrastructure and innovation are high on policy agendas in many countries. Public investment is often viewed as a possible method for 'jump-starting' lagging regional economies and also as a requirement for the continued development of more prosperous regions. Public Investment and Regional Economic Development provides a systematic analysis of the complex relationship between public investment and regional economic development. The authors offer new insights into the key issues of regional growth, and present a broad variety of perspectives ranging from transport and housing infrastructure through to human capital and innovation.
Book Synopsis Adjudicating Trade and Investment Disputes by : Szilárd Gáspár-Szilágyi
Download or read book Adjudicating Trade and Investment Disputes written by Szilárd Gáspár-Szilágyi and published by Cambridge University Press. This book was released on 2020-07-02 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: A multi-disciplinary, multi-author analysis of convergence and divergence between trade and international dispute settlement.
Book Synopsis Corporate Income Taxes under Pressure by : Ruud A. de Mooij
Download or read book Corporate Income Taxes under Pressure written by Ruud A. de Mooij and published by International Monetary Fund. This book was released on 2021-02-26 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book describes the difficulties of the current international corporate income tax system. It starts by describing its origins and how changes, such as the development of multinational enterprises and digitalization have created fundamental problems, not foreseen at its inception. These include tax competition—as governments try to attract tax bases through low tax rates or incentives, and profit shifting, as companies avoid tax by reporting profits in jurisdictions with lower tax rates. The book then discusses solutions, including both evolutionary changes to the current system and fundamental reform options. It covers both reform efforts already under way, for example under the Inclusive Framework at the OECD, and potential radical reform ideas developed by academics.
Book Synopsis Investing in America's Workforce by : Carl E. Van Horn
Download or read book Investing in America's Workforce written by Carl E. Van Horn and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Public Investment by : Jonathan Glennie
Download or read book Global Public Investment written by Jonathan Glennie and published by Routledge. This book was released on 2020 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: International cooperation has never been more needed, but the current system of "aid" is outdated and ineffective. The Future of Aid calls for a wholesale restructuring of the aid project, a totally new approach fit for the challenges of the 21st century: Global Public Investment. Across the world, billions of people are struggling to get by in unequal and unsustainable societies, and international public finance, which should be part of the answer, is woefully deficient. Engagingly written by a well-known expert in the field, The Future of Aid calls for a series of paradigm shifts. From a narrow focus on poverty to a broader attack on inequality and sustainability. From seeing international public money as a temporary last resort, to valuing it as a permanent force for good. From North-South transfers to a collective effort, with all paying in and all benefitting. From outdated post-colonial institutions to representative decision-making. From the othering and patronising language of "foreign aid", to the empowering concept of Global Public Investment. Ten years ago, in The Trouble with Aid, Jonathan Glennie highlighted the dangers of aid dependency and the importance of looking beyond aid. Now he calls for a revolution in the way that we think about the role of public money to back up our ambitious global objectives. In the wake of the COVID-19 crisis, it is time for a new era of internationalism.
Author :Management Association, Information Resources Publisher :IGI Global ISBN 13 :1522592776 Total Pages :628 pages Book Rating :4.5/5 (225 download)
Book Synopsis Megacities and Rapid Urbanization: Breakthroughs in Research and Practice by : Management Association, Information Resources
Download or read book Megacities and Rapid Urbanization: Breakthroughs in Research and Practice written by Management Association, Information Resources and published by IGI Global. This book was released on 2019-07-05 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the global population continues to increase, it has become necessary to find ways to handle this increase through various policy tools that address population growth and urbanization problems. The urbanization process has both potential issues and opportunities that need to be exploited to move societies forward. Megacities and Rapid Urbanization: Breakthroughs in Research and Practice examines trends, challenges, issues, and strategies related to population growth and rapid urbanization and its impact on urban environments. The book also explores the use of different governance approaches in addressing challenges and different tools and systems of appropriate allocation to address issues. This publication is an ideal reference source for academicians, students, practitioners, professionals, managers, urban planners, and government officials.
