The extent to which economic growth is associated with higher employment-- the employment intensity of growth-- can be depicted as the quotient of the rate of change in total hours worked and that of real gross domestic product. It must be borne in mind that this relation is neither ...
Economic growth is defined as equal to the increase in A) employment. B) population. C) real GDP. D) the price level. E) the inflation rate. Productivity: The term productivity in economics can be defined as the rise in aggregate prod...
In economics, the labor growth rate is usually depicted as gL.The growth in capital and labor does not explain all economic growth. Technology also significantly affects economic growth, but the quantitative effects of technology are not easily measured. Instead, technological progress is represented ...
We have applied the Bivariate Choropleth (BC) method to overlay the economic and environmental layers, incorporating principles of multi-criteria decision analysis (MCDA)15,16, as depicted in Fig. 5. Subsequently, Fig. 6 presents the resulting overlay, where dark shades represent high-conflict area...
If the rentier proposition wins out, as a nation’s wealth becomes concentrated in the hands of a few the greater the drag on economic growth. Savings rates can also be affected by wealth inequality. When the wealth-income ratio rises indefinitely (or definitely but at very high levels), ...
Moreover, they notably enhance businesses in underprivileged areas, defined as disadvantaged and/or low-income areas designated by both California and Justice40, indicating the importance of expanding EVCS in such communities. This study highlights EVCS as drivers of local economic growth and stresses ...
It is important to note, however, that changes in the global economy played a crucial role in successful economic growth in the 2000s. The rapid recovery after the 1997 crisis was attributed to the surge in exports, facilitated by a large depreciation of the currency, as well as the ...
Bank Indonesia will reduce its secondary reserve requirement from 5% to 4% starting in June, freeing up 78.45 trillion rupiah (approximately $4.84 billion) in liquidity for banks, a move aimed at boosting loan growth and... Asian Currencies Rise Slightly as Dollar Weakens on Trump Tariff Delay...
Beyond direct productivity losses, the long-term effects on the labor market—such as early retirement, reduced work capacity, and shifts in workforce demographics—could further hinder economic growth [43]. Quantifying these indirect costs and evaluating their implications for national economic policies...
To maintain the focus of this review on the association between decent work, economic growth-related factors, and ECC, studies that solely examined the prevalence and severity of ECC with no reference to the goals of SDG 8 were excluded. Publications that were not primary studies such as ...