The article focuses on news stories on economic downturns and their impact on the petroleum industry, that were published in the past issues of the journal "Hydrocarbon Processing." One of the news stories in the August 2002 issue declared Central Asia as an emerging global energy supplier. ...
There are several counterarguments regarding the efficiency and long-term benefits of economic stimulus plans. Some theorists believe that an economic stimulus can actually delay or prevent a private-sector recovery from the actual cause of a recession. According to this viewpoint, it is misguided t...
During the 1840s and 1850s, in the early days of photography, exposure times were notoriously long: the daguerreotype photographic method (producing an image on a silvered copper plate) could take several minutes to complete, .., and so a non-committal blank stare became the norm. But exposu...
“I do think there's still some way to go...there's still going to be sort of the unstated expectation for new dads to essentially come right back to work, but I think the research is showing that's starting to change." He said equal parental leave is an essential component to crea...
A sector is a broad part of the economy made up of businesses that are engaged in the same or related activities. Dividing an economy into sectors helps economists analyze the economic activity within each sector.Sector analysisreveals which are expanding and which are contracting. ...
Expanding domestic demand is one of the priorities of China's economic work in 2024, the meeting noted, adding that it is necessary to boost consumption with growth potential and expand effective investment, so as to form a virtuous cycle of mutually promoting consumption and investment. ...
A:It is human nature to shift between self-doubt and blind pride. B:Intense competition may contribute to economic progress. C:The revival of the economy depends on international cooperation. D:A long history of success may pave the way for further developmen...
"We have to mobilize resources citywide to support these sectors as they typically need a long period of development before generating returns and face great uncertainties," said Yuan Fei, a member of the standing committee of the municipal Party committee and vice mayor of Hefei. "It's like ...
Could long-term demand drags, amplified by digital, and potential industry-breaking effects of digital limit the productivity potential of advanced economies? While we found that weak demand hurt productivity growth in the aftermath of the financial crisis, looking ahead, there is concern that some ...
Trough: This is when an economic contraction hits its nadir. A single business cycle is dated from peak to peak or trough to trough. Cycles generally aren't regular in length and there can be a period of contraction during an expansion or vice versa. ...