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“To me, celebrating World Oceans Day means celebrating all the efforts that are made by individuals worldwide,” said Rada Pandeva, Youth Advisory Council member from Bulgaria, age 20. “It is a chance to recognize the progress we are mak...
Implementing Shared Services in the Public and Private Sector: What it really means and strategies to successfully manage the change in your organizationWhat has changed since shared services models were first implemented approximately 15 years ago is that the scope of functions involved inshared ...
Public goodsare commodities or services that are provided without profit to all members of society. For a good to qualify as being a public good, it must have two defining characteristics: non-excludability and non-rivalry. Non-excludability means that even people who don't pay for the goods...
"The [ADP] data no longer acts as a forecast for the BLS survey but is an important independent look at the labor market," Swonk wrote in a post on social media platform X.3"It was not as suppressed by storms & strikes as we saw in the BLS survey, which means i...
This also means changing our workflow(s) from a ‘we know what you need’ to a ‘tell us what you need, we don’t know’ approach. Introducing ‘intakes’ and looking for other organisations and professionals to work together on facilitating the needs that come forwards from thos intakes....
Other countries in the Asia-Pacific region have released several principles and guidelines for governing AI. In 2019, Singapore’s federal government released a framework with guidelines for addressing issues of AI ethics in the private sector and more recently, in May 2024, released a governance ...
This free-rider problem means that the state has to provide public goods. If left to just market forces, there would be a risk that no commercial enterprise would be interested in becoming the supplier, or existing private sector providers would decide to stop. ...
While administered prices are most often associated with government controls, similar phenomena can occur in the private sector when a monopoly firm is able to set higher prices than a competitive market would otherwise allow. Examples of Administered Prices Centrally planned economic systems such as...