Articles tagged with Economic Growth
The nTIDE COVID Update reveals a rise in unemployment rates for both people with and without disabilities, driven by increased labor force participation and inflation concerns. This shift may reflect people entering the workforce to increase family income amid rising living costs.
UC San Diego Professor Thomas Murphy warns that economic growth is unlikely to continue indefinitely due to diminishing resources. He uses historical data and calculations to illustrate the point that energy consumption and waste heat will accelerate, leading to severe environmental consequences.
A recent study led by psychologists at the University of Bath challenges the idea that people have unlimited wants. Most people from 33 countries surveyed believed their 'absolutely ideal life' could be achieved with $10 million or less, suggesting a moderate level of wealth is desired.
A study by the University of Texas at Austin found that countries with strong rule of law have less economic volatility and higher productivity. Weak rule of law leads to poor contract enforcement, causing employee morale to suffer, ultimately sparking churn and economic instability.
The employment-to-population ratio for working-age people with disabilities increased from 34% in April to 34.3% in May, up 0.9 percentage points. However, the labor force participation rate decreased from 37.5% in April to 37.2% in May, down 0.8 percentage points.
Total US cigarette retail sales declined significantly, with a -12.8% decrease in annual sales from 2015 to 2021. Cigarette prices also decreased, with a average annual price drop of $0.75 per pack.
A team of NTU Singapore economists compiled a detailed study of Albert Winsemius' influence on Singapore's early economic development, analyzing his affinity with Singapore and his contributions to the country's economic growth. The book examines his synergy with pioneering leaders like Lee Kuan Yew and Dr Goh Keng Swee.
A new study suggests that a transformative shift in the global food system, focusing on efficiency and reducing animal products, could significantly decrease emissions. However, such changes might lead to increased food prices, affecting vulnerable populations.
Researchers have identified over 2.4 million households in 49 countries as being below a certain economic threshold, based on the percentage of unlit settlements detected using nighttime light satellite images. The study found a clear association between increasing percentages of unlit communities and decreasing economic wellbeing levels.
Human activity on Hainan Island is causing changes in the body shapes and diets of tropical birds, resulting in biotic homogenisation. Despite efforts to protect biodiversity, the island's unique ecosystem is being affected by large-scale economic and land-use changes.
A new project led by Dr Rosana Pinheiro Machado will investigate the links between precarious work and authoritarian politics in Brazil, India, and the Philippines. The research aims to understand how economic growth has fueled the rise of aspirational classes and growing work precariousness.
A new study analyzes knowledge transfers across 853 US counties in five manufacturing industries, revealing the importance of local environment, university research, and industry structure for innovation. The findings provide insights into inter- and intra-regional flows, as well as the role of external factors in knowledge output.
The study explores how countries can reach net-zero carbon emissions by 2050 with continued economic growth through 2100. The results suggest that stringent public policies and rapid deployment of low-carbon technologies are necessary to achieve this goal, with the global economy projected to be five times its size in 2100.
Researchers found that an appreciation of the US dollar leads to higher stock returns, while a decline in local currency stock returns accompanies a weaker dollar. Emerging market economy stocks with high dollar beta tend to have higher average returns.
Researchers used single cell RNA-sequencing to identify specific cells and genes in maize roots responsible for nitrate uptake. The study provides valuable insights into optimizing root nutrient uptake ability in crops.
A study by Jason Hickel reveals that the global North appropriates vast resources and labor from the global South through price differentials in international trade, resulting in a net drain of $10.8 trillion in 2015. This unsustainable practice perpetuates global inequality and ecological breakdown.
A study published in Applied Economics analyzed the relationship between precious metal commodities and equity markets, revealing that gold and aluminum are the most desirable metals for investment. The research also found that copper and zinc have the largest spillovers on global equity indices.
A £5.6m joint investment will drive cutting-edge research into smart homes, connected devices, remote monitoring, and health models for older adults to live independently. The deal aims to create new jobs, skills, and tech start-ups in the region.
Researchers at the University of Malaga found that conifers are tolerant to excessive amounts of ammonium, which can cause toxicity in other plants. The study used state-of-the-art techniques to identify molecular mechanisms involved in ammonium's effects on pine roots.
Researchers warn of a potential long-term economic slowdown in developed democracies, driven by factors such as aging populations, shifts to services, and debt. The team proposes a 'guided civic revival' approach to address this challenge, combining grassroots forces with government participation to promote social solidarity and unity.
A new paper cautions that slow economic growth may bring challenges, particularly in multicultural democracies like the US, affecting social solidarity, opportunity, inequality, and trust in government. The authors propose a 'guided civic revival' to address these challenges by strengthening democratic institutions, increasing social i...
A new approach to measuring financial and digital literacy is proposed by a team of researchers led by Angela Lyons. The study finds that while promoting literacy is important, it may not be enough to ensure resilience, particularly for vulnerable groups such as women and those living in poverty.
A new study reveals that road development in sub-Saharan Africa has negative impacts on biodiversity, both inside and outside protected areas. The researchers found that roads act as barriers to movement, facilitate access to previously inaccessible land, and contribute to urbanization, logging, and cropland expansion.
A new study finds that air pollution is responsible for 1.1 million deaths across Africa in 2019, with household air pollution accounting for 700,000 fatalities. The study also reveals that air pollution is costing African countries billions in gross domestic product and hindering the intellectual development of children.
West Virginia University researchers aim to create better connections with underserved populations to the blue economy, which defines sustainable use of ocean resources. They will analyze data and explore ways to package it in a way that encourages these traditionally underserved groups to utilize the blue economy.
A new study published in PNAS suggests that China's declining birth rate and aging population may not negatively impact future prosperity. The researchers found that higher education levels among women can lead to increased labor force participation, potentially offsetting the negative effects of population aging.
Analysis shows US workers in weather-exposed industries work fewer hours on hot days during economic growth, but not during recession. The study predicts $80 billion in lost wages by 2090 due to high-heat labor conditions.
A recent study modelled social, economic, and personal factors influencing voters and parties to identify four key levers that tip the balance towards political extremes. Social contagion and macro-economic factors such as employment and economic growth play a significant role in driving polarization.
The Covid-19 pandemic had a mixed impact on the EU labour market, with some countries experiencing significant increases in unemployment and inactivity rates. Notably, the Baltic States saw substantial growth in inactive citizens, while Poland was a 'unique case' where both unemployment and inactivity fell slightly.
The poor are unlikely to obey strict lockdowns due to lack of nutrition, economic opportunities, and infrastructure. African policymakers need to prioritize social and economic measures over stringent lockdowns to slow the spread of COVID-19 and future pandemics.
A Yale University study found that direct deposit of wages into female-owned bank accounts increased labor force participation and earnings among Indian women. The intervention also liberalized their personal beliefs about working women, reducing social stigma associated with working outside the home.
A Russian study forecasts that economic growth will be driven by improved efficiency in the mining complex (EMC) and capital formation. The EMC is expected to play a key role in driving growth, particularly through increased investment in natural resource extraction and export activities.
A study by Tokyo University of Science researchers analyzed the relationship between economic growth and environmental preservation. The model indicates that achieving a 'zero-emission society' is compatible with economic growth, but only if GDP is above a certain level and pollution reduction allocation is flexible.
A new study from the University of Portsmouth highlights the attractive trading advantages offered by freeports but also raises concerns about their potential misuse for money-laundering and tax-evasion purposes. The researchers advocate for stronger regulation to prevent these zones from being exploited.
A study reveals that the Finnish energy transition is shaped by mental models drawing from competition, hierarchy, and continuous economic growth. These myths, such as The Rock Solid and Big Brother, have roots in shared deep beliefs about reality construction and shape the energy marketing system.
A new study reveals that disease can alter social networks and economic growth for generations, with high diffusion networks promoting growth in low-disease countries but hindering it in high-disease environments. Small initial differences in epidemiological environment can trigger large and persistent differences in network structure,...
China seeks to maintain economic growth by increasing its global presence, investing in infrastructure, and securing trade routes. In Africa, China has established itself as the largest trading partner, while in the Arctic, it is expanding its military presence and securing resources.
A new analysis of nearly two decades of satellite data shows that economic development, fossil-fuel combustion, and air quality are closely linked on a continental and national scale. However, under favorable policies, these factors can be decoupled.
A new study by Yale University economists finds that the absence of professional management hinders India's business growth, constraining innovation and economic growth. The study suggests that if Indian businesses adopted management practices common in developed countries, they would expand and boost productivity.
A University of Washington study found that rental ads in Seattle's predominantly white neighborhoods often emphasize 'vintage charm' and history, while neighborhoods with more people of color focus on safety and security. The study suggests that these linguistic patterns can influence housing choices and perpetuate racial segregation.
New Harvard research reveals a direct link between incoming business travel and economic growth, ranking countries by knowhow flow. The study raises concerns about the consequences of international travel restrictions on global GDP, suggesting a potential double-digit loss if business travel were to halt completely.
Researchers from The Ohio State University found that provider-focused marketing communications, which use an 'empathy lens,' increase consumers' likelihood of purchase and willingness to pay. This approach can drive important brand outcomes for P2P brands, particularly start-up companies.
The world population is projected to peak at 9.7 billion in 2064 and decline to 8.8 billion by 2100 due to low fertility rates. Liberal immigration policies are necessary to maintain population size and economic growth, with the US workforce forecasted to be sustained through large net immigration.
The article highlights the similarities between COVID-19 and environmental threats, emphasizing the need for early intervention to mitigate catastrophic effects. Delayed action will lead to increased mortality rates, climate risks, and species losses.
The SARS-CoV-2 pandemic shares similarities with global heating and species extinction, highlighting the need for early intervention and collective action. Researchers argue that delays in addressing these crises have devastating consequences, including loss of life and economic damage.
A review by researchers identifies the link between wealth, economy, and environmental impacts, highlighting the need for structural change to address affluence. Lifestyle changes are crucial, but also, broader economic paradigm shifts are necessary to manage economies in a way that protects climate and natural resources.
A study published in Science Advances finds that as ancient Pueblo villages grew in size, their residents' per capita production of food and goods increased. This suggests that busy streets may lead to better-off citizens. The research provides a lesson for modern cities on the benefits of social connection and urbanization.
A new study by Aston University reveals UK small and micro-exporters are switching €10 billion annually in exports from EU to Commonwealth and other developed economies. This defies conventional trade gravity models, suggesting the firms' 'jumping before they're pushed', driven by uncertainty over Brexit trade talks.
Historical examples of sustainable and unsustainable fishing practices reveal common 'recipes for failure' that offer warnings for modern-day ocean management. Successful societies achieved balance between economic growth, social equity, and sustainability by managing resources fairly and responding to change.
The article concludes that economic growth is not compatible with biodiversity conservation and proposes seven alternative proposals to ensure prosperity beyond growth. The studies outlines actions such as limiting commercialization of resources, restricting extractive industries, and promoting agro-ecological development.
Professor Adrian Bejan explains how the physics of spreading and growth can lead to economic downturns, but also highlights the potential for innovation and creativity to drive new growth and prosperity.
Researchers have created a 'Rosetta stone' for urban scaling, mapping out common ground between cross-sectional and temporal approaches to study city growth. The framework reveals new insights about a city's behavior, including superlinear growth in socioeconomic properties.
Researchers found that limiting temperature increase to 2°C yields economically optimal results; climate policies can balance damages and mitigation costs. The study tested various uncertainties and confirmed the 2°C limit is cost-efficient across different climate sensitivities.
Economic growth and population expansion were major contributors to China's energy-related CO2 emissions increase between 1978 and 2023. Carbon and energy intensity have slowed the growth rate of CO2 emissions, suggesting a low growth rate for future increases.
A new study published in the Cambridge Journal of Economics finds that countries taking the 'low road' to growth, like the US, experience adverse effects on wellbeing and future prosperity. In contrast, Scandinavian countries that take the 'high road' by investing in social reproduction see positive effects on human welfare.
A team of international researchers recommends establishing a global coordinating body to develop international guidelines and promoting equitable sharing of benefits in the Blue Economy. This will help ensure sustainable and inclusive development, mitigating potential harms on marine environments and human well-being.
A recent international research study published in Science Advances journal shows that environmental awareness and investments in China over the past decade have led to a weakening of the connection between economic growth and pollution. Despite this progress, major challenges remain, including increasing greenhouse gas emissions.
Researchers at Penn State developed a new method to measure network changes over time, revealing key insights into the world economy's response to the 2008-2009 financial crisis. The study found significant rewiring in the global economy during this period, and its impact on countries' economic growth rates.
A mathematical model confirms that renewable energy accelerates economic growth in Myanmar, while non-renewable energy has a minimal impact. The study suggests increasing green energy use can lead to economic growth of up to 0.3 units per unit increase.
A study of dictators over 150 years shows they rarely promote strong economies and often weaken them. Autocratic leaders are found to have little influence in driving economic growth, but can significantly reduce it after taking power.