Articles tagged with Economic Growth
A recent MIT economic analysis reveals that a 1 degree Celsius rise in temperature reduces economic growth by an average of 1.1 percentage points in poor countries, but has no measurable effect in rich countries. Higher temperatures also reduce investment and innovation in poor nations.
A global recession could lead to increased malnutrition in developing countries, with prices of basic staples rising by 13-27 percent by 2020. IFPRI projects 16 million more undernourished children if economic growth and agricultural investment decline.
The UK economy is expected to contract in the second half of 2008, with a forecasted GDP decline of 0.9% in 2009 and consumer spending declining by 3.4%. The financial sector crisis will spread to the wider economy through credit rationing, caution among firms and consumers, and reduced equity prices.
Most presidential election forecasts predict Senator Barack Obama's victory in the 2008 popular vote, with an average of 52% predicted. The forecasts, developed by nine different models, use various statistical and historical data to make their predictions.
Researchers found that entrepreneurial outcomes and employment growth in US service industries respond differently to changes in state economic freedom. Some industries exhibit firm and employment growth as economic freedom rises, while others grow as it declines.
A University of Missouri researcher found that uniform and strict auditor enforcement is crucial for improving the quality of accounting, which in turn affects the global economy. The study suggests that countries with stronger investor protection and rigorous auditing have better financial reporting.
The Enterprise Initiative will analyze the role of enterprise in simulating economic growth, inequality, and poverty reduction using high-quality models based on massive survey data from Thailand and other emerging economies. The project aims to provide policy solutions and shed light on circumstances that lead to entrepreneurial growth.
Scientists analyze lessons from cod collapse to advocate sustainable tuna management, including MSC certification and public awareness. Innovative research using data-logging tags can help protect bluefin tuna populations.
Professor Paul J.J. Welfens has received the economics prize from the Russian Academy of Sciences for his work on macro-economic theory and policy. He specializes in these areas at Wuppertal University's Department of Economics.
The Russian economy is experiencing rapid growth driven by a thriving middle class, but this has led to widening income disparities and growing poverty. Forecasting growth or recession beyond 2011 is hazardous, as the country faces challenges in increasing energy production and exports.
The European Patent Office has launched a patent information service in Russia, providing free access to millions of patent documents and stimulating competition and innovation. Russian researchers can now easily find state-of-the-art information, identify new research challenges, and collaborate with foreign partners.
The study found that CO2 emissions increased at a rate three times faster than in the 1990s, primarily driven by growing energy intensity and population. This trend is concerning, as it suggests a reversal of long-term progress towards greater energy efficiency and reduced carbon intensities.
The US Economic Development Administration has awarded $1.5 million to the Rutgers-Camden Technology Campus to develop wet labs for a new Biotech-Life Science Business Incubator. The grant will create 255 jobs and generate over $17 million in private investment, supporting the growth of New Jersey's biotechnology industry.
A new study challenges the idea that increased science and mathematics achievement correlates to nation-wide economic gains. Without Asian Tiger countries, correlation diminishes, and all but disappears.
The authors argue that with collective pension and health insurance programs in place, individuals can avert poor health, finances, and employer age discrimination. Aging Nation offers a new aging policy framework based on the interconnectedness of lives across generations.
Despite modest regional growth in creative individuals, some cities experienced rapid job growth in the creative economy between 1999 and 2003. Creative occupations including engineers, educators, and scientists saw an average $20,000 annual increase in earnings compared to non-creative jobs.
Federal, provincial and territorial mines ministers agree that vulnerable mining communities are a priority. The conference discussed ways to maintain community viability through cooperation on exploration initiatives, processing technologies, and Aboriginal engagement.
Professors Jung Oh and Judith Collins from Kansas State University presented their information literacy instruction project at the American Chemical Society Meeting. The project focuses on teaching students to evaluate information sources critically and apply these skills in various academic disciplines.
The article by Plutarchos Sakellaris and Focco Vijselaar explores how capital quality contributes to economic growth in the Euro area. The authors examine the sources of economic growth, including financial crises and deregulation, and discuss the importance of policy interventions.
The American Society of Plastic Surgeons reported a strong increase in cosmetic surgery procedures in 2004, with over 1.7 million surgical and minimally-invasive procedures performed. The demand for injectables like Botox and hyaluronic acid fillers drove growth in minimally-invasive procedures.
A study of over 4,500 Finnish men found that boys taller between birth and 1 year had higher earnings in adulthood. Those who grew slowly as infants were less likely to achieve higher education levels, suggesting a link between physical growth and economic outcomes.
The US is investing $3 million in Egyptian science, with a focus on biotechnology, manufacturing technology, and environmental technology. This partnership aims to foster an atmosphere of international trust and understanding, leading to economic stability in the region.
Cities in China with non-state run industries and highly educated workforces saw significant economic growth from 1990 to 1999, outperforming cities dominated by state enterprises. This is due to their ability to adapt quickly to technological innovations.
The US economy is rapidly decelerating due to record deficits and stagnant wage growth. Globalization has led to underconsumption trends in developing countries, while developed nations like the US struggle with low savings rates and rising debt.
Research by University of Alberta professors reveals a correlation between extensive family control and economic struggles in developing nations. The study highlights the importance of understanding oligarchic capitalism in these countries to provide effective assistance.
Researchers found a shift in burden of disease as economic growth expands, with poorer women more affected. Obesity risk increases for those in lower-middle income countries above $2,995 per capita income.
The Global Technology Confidence Index (GTCI) has shown a dramatic increase in business confidence, particularly in North America, where executives plan to boost technology investments. The index, which measures confidence in technology management, has been rising steadily since its inception in 2003.
University of Minnesota professors Terry Roe, Ronald Phillips, and G. Edward Schuh will discuss topics such as trade disputes, GMO crop plantings, and biosafety protocols at the symposium. The event aims to shed light on the impact of international trade policies on economic growth and institutional reform in less developed countries.
A study by Brown University researchers found that economic incentives and conservation policies contributed to an increase in forest cover in rural India. The growing demand for forest products was met by planting new trees rather than exploiting existing forests.
A 22-page technical review explores the relationship between economic growth and wildlife conservation, revealing a high correlation between the two. The review aims to increase awareness about the fundamental conflict and identify potential solutions.
A recent study reveals that British commercial banks have failed to develop internal structures suitable for lending to small firms, rationing credit to this category of potential customers. This deficiency has had a damaging impact on regional economic regeneration and national economic competitiveness.
A new theory proposes that evolutionary pressures drove human traits beneficial to economic growth, such as valuing high-quality offspring. The transition from hunter-gatherer tribes to nuclear families with intergenerational links accelerated this process.
The region's labor force growth rate was the second-lowest among nine geographic divisions, with women accounting for all 100% of growth during the 1990s. Declining native-born male workers have contributed to record low unemployment rates and growing labor shortages.
A new study by University of Washington professor Martina Morris finds that 90% of young white male workers can expect lower lifetime wage growth than previous generations. This decline is attributed to the new economy's unequal distribution of prosperity and growing job instability, trapping workers in low-wage careers.
The proposed program aims to increase the number of university math, science, and engineering majors, with a focus on undergraduate education. The $25 million pilot program could grow to $200 million annually if successful, and would provide portable fellowships for graduate students to shift towards innovation in the business sector.
A Cornell University study reveals a significant decline in employment among working-age Americans with disabilities, with most experiencing a loss of economic ground despite receiving higher Social Security disability payments. The researchers argue that new national policies are needed to reintegrate young people with disabilities in...
A report by economists suggests that the Federal Reserve should raise interest rates when asset prices rise above fundamentals, to stabilize inflation and prevent economic instability. The strategy aims to keep bubbles from developing in the first place, rather than bursting them once they form.
African nations can become more prosperous and politically stable by pooling their energy resources through regional electric power grids, according to Purdue University industrial engineers. Cheaper and more widely available electricity would spur industrial and economic growth in regions of southern and western Africa.
The US economy is expected to experience strong growth in the coming years, driven by rising consumer confidence and labor productivity. According to Dr. James Smith, a leading economist, real GDP growth will be around 4.0 percent this year, with some countries such as Argentina and Mexico growing faster than predicted.
The World Health Organization (WHO) emphasizes the need for concerted action to reduce tobacco use among children. Tobacco control is a cultural struggle against tobacco companies targeting adolescents. Governments must take decisive actions to cut tobacco consumption, while supporting farmers and workers in the tobacco industry.
A new study found that only half of stroke survivors can return to work within six months, with physical disability being the major predictor. Factors such as gender, ethnicity, and depression do not appear to impact an individual's ability to return to work after a stroke.
A slowdown in health spending growth is expected to have a significant impact on health workers and local economies. The shift in job composition within the health sector, towards lower-paying sub-sectors and jobs such as home health services, will exacerbate the issue.
US unemployment remains below 6%, with record employment rates globally. North Carolina's economy is robust, with a seasonally adjusted annual rate of $165.65 billion in the third quarter of 1996, exceeding national growth. Despite a concerning education system, Smith recommends policy changes to enhance economic prospects.
Researchers at Resources for the Future (RFF) and Stanford University are investigating the environmental implications of three alternative tax plans under discussion in Congress. The flat tax, national sales tax, and unlimited savings account (USA) tax plans could have varying effects on economic growth and environmental quality.
Ecological economists suggest that economic growth is unsustainable and must be rethought to prioritize sustainability. The field of ecological economics aims to minimize growth while improving quality of life by exploring new strategies to reach sustainable social and economic systems.
Federal support for R&D in the Midwest is projected to decline significantly under proposed budget cuts. The region's economy heavily relies on federal funding for top-ranked universities.