Agricultural Revolution, Political Development, and Long-Run Economic Growthrural povertyconservationbiodiversityrural developmentThis paper argues that the more a ruling elite is dependent upon a small minority
We investigate the long-run relationship between de jure trade openness and economic growth as well as between de jure financial openness and economic grow
This is illustrated in Figure 4, with the growth rates of the largest emerging economies moderating over time to converge to around 2% in the very long run in line with the major advanced economies. India and Nigeria are the two of the main exceptions to this, with growth remaining higher ...
Governance requires something to be acted upon—that is, something that is perceived as a public problem (or opportunity) and subsequently enters successfully the political agenda and then the decision-making process [72]. Indeed, a policy problem is defined “as a condition or situation that pro...
environment. The possibility of conclusively regulating the technology at present is limited, in that it is uncertain how the overall socio-technical system will change in the long run as a result of the implementation and operation of the technical facility with its infrastructure elements. The ...
Structural unemployment is the type of unemployment that is best studied under a long-run framework. Structural unemployment is a type of unemployment...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer ...
Meanwhile, promoting financial development is generally regarded as an effective way to achieve inclusive and sustainable growth. This study examines the long-run effects of financial development, economic growth, and their combined effects on income inequality for 12 Asia-Pacific countries from 1990 to...
On the other hand, for countries in which money is super-neutral in the long-run, this implies that increases in the money growth rate only increase the inflation level in the economy. The effectiveness of monetary policy is thus dependent upon policymakers having a clear understanding of the ...
Extending the principle of effective demand beyond the short run is at the heart of contemporary studies in post-Keynesian macroeconomics. Within this broad research agenda, in recent years a class of models postulating that long-run economic growth is driven by autonomous demand gained increasing ...
Thus, it is reasonable that they would have a bigger say in how the DAO is run. Detractors argue that one-to-one voting is preferable since anyone with deep pockets can buy a large number of tokens and take over the DAO – similar to takeover bids in traditional firms. There are ...