"In the long run, globalization and multilateral forms of trade are inevitable, because they are the only way to get what people want, which is better and safer conditions," Perry said. Martin Wolf, chief economics commentator at the London-based Financial Times, said that because of economic...
ii) Relate to Daily Activities: Throughout the day, ask your child to write down key events (e.g., breakfast, playtime, bedtime) and the corresponding time in both digital and analog form. Use terms like “quarter past,”“half past,” or “quarter to” as appropriate (e.g., “W...
Environmental and Resource Economics (2024) The impact of methane leakage on the role of natural gas in the European energy transition Behrang Shirizadeh Manuel Villavicencio Gunhild A. Reigstad Nature Communications (2023) Damage function uncertainty increases the social cost of methane and nitrous ...
The importance of countries as actors in international economy is the basis of global economic governance. Though the world has increasingly become more integrated in terms of economics, it continues to be politically fragmented in independent states, which follow their own interests. In general, the...
worrying that others could outweigh them in terms of academic and extracurricular achievements. My school’s motto constantly stressed the significance of student discipline and achieving outstanding grades in all academic fields since we were young, so it was common for students to strive f...
The results indicate that the new approach is more competitive than the classical and community centrality in terms of accuracy and resolution. The framework of this paper is organized as follows. The “Preliminaries” section briefly introduces some basic preliminaries. The “Methods” section ...
However, agricultural output is significantly higher today than in the 18th century. That makes food prices much lower today inreal terms. It also frees up workers for other tasks. That is the way economic growth takes place when technology raises the productive capabilities of the people. Produc...
GDP can be expressed innominal or real terms. NominalGDP is calculatedbased on the value of the goods and services produced as collected, so it reflects not just the value of output but also the change in the aggregate pricing of that output. ...
Freakonomics RadioandNPR’sPlanet Moneyboth make economics enjoyable by using it to explain real-world phenomena such as “how we got from mealy, nasty apples to apples that actually taste delicious,” the Wells Fargo fake-accounts scandal, and whether we should still be using cash. ...
In economic terms, the current account deals with cash receipts, payments, and non-capital items, while the capital account reflects sources and utilization of capital. The sum of the current and capital accounts reflected in the balance of payments will always be zero, meaning that an equal an...