4.6 Evaluating Regional Economics Using the Economic Base Multiplier and Shift-Share Analysis Economic impact studies most of the time evaluate the regional economy changes in a selected major variable. Some examples of these variables are employment, income, or output and this is after an initial exogenous change. The thing that that economic developers are the most concerned about is how to estimate the total impact on one of the variables after a change. There is a ripple effect that is created
measure…we are talking basic, basic skills. I think that has a lot to do with the family structure, how the family has changed” (Wischmeyer). Home Economics was a mandatory and popular class in the 1980’s and 1990’s. This class taught more than how to frost a cake, it taught basic and detailed skills such as sewing a button, measuring and sanitizing skills. In this class learning to manage a budget and preparing a meal were strong components as well as learning to use basic tools. Some saw it as a
The Lexical Priority of Rights: Basic Capabilities vs. Poverty Eradication I. Introduction The feminization of poverty is a phenomenon in which women represent the majority of the world’s poor. The “cycles of poverty” is reinforced by the growing gender inequality between men and women. Impoverished women in developing countries are particularly vulnerable in which they are often deprived of political and decision-making rights as well as basic services, such as healthcare and education. Feminist
As a part of a human life cycle, people consume in order to live. Consumer behavior is one of the main topics in economics. It is an important field of study because consumers are part of the economy and it plays a huge role in contributing to a country’s economic growth. In the recent years, it is observed that few studies have been made in the “demand side of economic activities” compared to the supply side (Nelson and Consoli, 2010). However, it is equally important to know the consumption behavior
An economic system is a system that includes the production, distribution and consumption of commodities and services between the different entities in a society. The system is composed of people and institutions, including their relationships to productive resources, such as through the contract of property. In a given economy, it is the systemic means by which problems of economics are addressed. Examples of contemporary economic systems include capitalist systems, communist systems, and economic
for the promotion and protection of man’s basic rights and freedoms. The world has come to a clear realization of the fact that freedom, justice and world peace can only be assured through the international promotion and protection of these rights and freedoms. The prescient quotation above is a succinct summation of both the purpose and goal of the Universal Declaration of Human Rights. It was set out not as a lofty set of utopian ideals, but rather a basic structure under which nations should accord
increasingly become indoctrinated in the international community. In the context of political and economic development, there have been debates on how and which rights should be ordered and protected throughout different cultures and communities. Though there is a general acceptance of international human rights around the globe, there is an approach that divides them into civil and political rights and social and economic rights, which puts emphasis where it need not be. Civil and Political rights are catalogued
western blueprint for governmental and economic policy development. The problem inherent in this type of monumental change is that, according to Ulrich K. Preuss, "In almost all the East and Central European countries, the collapse of authoritarian communist rule has released national, ethnic, religious and cultural conflicts which can not be solved by purely economic policies" (47). While tremendous changes are evident in both the governmental and economic arenas in Europe, these changes cannot
industrialized or developed countries claim to hold to one of the most basic Keynesian principles; that a country should only run deficits in troubling economic times and at all other times try to maintain a balanced budget (Keynes 1997). This paper will explore whether or not this basic principle is truly being upheld by examining a cross-section of countries during both times of “normal economic times” and “troubled economic times”. Since The Great Recession of 2008 there have been renewed calls
states to connect on political, economic, and social levels with nations that were previously inaccessible to the western world. This created an interaction across national boundaries. The past two decades have seen the growing economic interdependence of countries worldwide, including an increased volume of cross-border transactions of goods and services, international capital flows, and most importantly, the rapid and widespread diffusion of technology (“Economic and Social Survey of Asia and the