The Silk Road spirit is consistent with the ideal of “all states joining together in harmony and peace” long upheld by the Chinese nation, with the Chinese people’s principles of amity, good neighborliness and “helping others to succeed while seeking our own success”, and with the call ...
What Is a Structural Decline in Finance? A structural decline is a downward shift in prices or productivity due to a change in the underlying fundamentals of the market, such as technological shifts in productivity or long-term changes in the cost of essential inputs. What Is a Cyclical Decli...
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Without ruling out a role for aggregate demand or for the regulatory environment, I wish to suggest that structural change is an important factor in the current rate of high unemployment. The economy is in a state of transition, in which the middle-class jobs that emerged after World War II...
Structural scarcity attributable to mismanagement or inequality Does Scarcity Mean Something Is Hard to Obtain? Scarcity can explain a market shift to a higher price, compare the availability of economic inputs, or convey the opportunity cost in allocating limited resources. The definition of amarket...
These opportunities and dangers are daunting. But it is time to start weighing them and their implications for citizens and businesses. The biggest mistakes in economics are failures of imagination that reflect an assumption that today’s regime will last forever. It never does. Change is coming....
when global wealth relative to GDP grew faster than during any other two-year period in the past half century, it appears that a break in the two-decade trend may be coming. But there is disagreement among economists and business leaders about what will change. Will inflation remain high ove...
(structured relations / cultural structure = the structure of symbolic forms / the structural patterns of symbolic elements: “signs generating significance is that they are structured”) (implicit knowledge)a. Discourse / discursive fields: binary codesDiscourse: “sign sets are organized into ...
Antimicrobial resistance (AMR) causes high levels of global mortality. There is a global need to develop new antimicrobials to replace those whose efficacy is being eroded, but limited incentive for companies to engage in R&D, and a limited pipeline
27、t it in the next two weeks. This definition is used by EU and OECD Source: The Office for National Statistics (ONS)Types of Unemployment :1.Frictional unemployment:those searching for jobs or waiting to take jobs soon; indicates that there is mobility as people change or seek jobs. 2...