Industrial Shift: The Structure of the New World Economy

Industrial Shift: The Structure of the New World Economy PDF Author: J. Atikian
Publisher: Springer
ISBN: 1137340312
Category : Business & Economics
Languages : en
Pages : 147

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Book Description
In a turbulent global economy, the popular idea of declining farms and factories is largely unfounded. UN and World Bank data show growing output everywhere, but it remains hidden by the faster-growing service sector. Engineers, programmers, surgeons, and pilots make up an increasing share of what is actually the service sector, showing that this sector is not in decline. There is no doubt that industries are shifting, but how does it all add up? Quantifying these technology-driven shifts is fundamental, yet such publication has lagged for years, with stale ideas about what makes a healthy economy persisting since the 1940s. In this new work, Atikian gives us a freshly updated overview countering our tired assumptions about off-shoring, low wages, and industrial decline and providing us with...some fact based confidence in the economy.

Industrial Shift: The Structure of the New World Economy

Industrial Shift: The Structure of the New World Economy PDF Author: J. Atikian
Publisher: Springer
ISBN: 1137340312
Category : Business & Economics
Languages : en
Pages : 147

Get Book Here

Book Description
In a turbulent global economy, the popular idea of declining farms and factories is largely unfounded. UN and World Bank data show growing output everywhere, but it remains hidden by the faster-growing service sector. Engineers, programmers, surgeons, and pilots make up an increasing share of what is actually the service sector, showing that this sector is not in decline. There is no doubt that industries are shifting, but how does it all add up? Quantifying these technology-driven shifts is fundamental, yet such publication has lagged for years, with stale ideas about what makes a healthy economy persisting since the 1940s. In this new work, Atikian gives us a freshly updated overview countering our tired assumptions about off-shoring, low wages, and industrial decline and providing us with...some fact based confidence in the economy.

Global Economic History: A Very Short Introduction

Global Economic History: A Very Short Introduction PDF Author: Robert C. Allen
Publisher: OUP Oxford
ISBN: 019162053X
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

The World Bank Research Observer

The World Bank Research Observer PDF Author:
Publisher:
ISBN:
Category : Computer network resources
Languages : en
Pages : 300

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Book Description


The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth PDF Author: Michael J Andrews
Publisher: University of Chicago Press
ISBN: 022681078X
Category : Business & Economics
Languages : en
Pages : 633

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Book Description
"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--

ECONOMIC GROWTH AND INDUSTRIAL STRUCTURE EVOLUTION

ECONOMIC GROWTH AND INDUSTRIAL STRUCTURE EVOLUTION PDF Author: LIU WEI
Publisher: American Academic Press
ISBN: 1631816160
Category : Business & Economics
Languages : en
Pages : 458

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Book Description
The book Economic Growth and Industrial Structure Evolution: China’s Experience since the Beginning of Reform and Opening-up discusses the connection and quantitative relationship between the economic aggregate and industrial structure and is to explore the impact of the institutional reform and government’s macro decision on China’s economic growth and industrial structure evolution through the analysis of the industrial structure changes during the process of China’s economic growth and reform over the past 30 years. This book is collected by the National Achievements Library of Philosophy and Social Sciences of China in 2015. This study is divided into seven chapters, respectively, "the judgements for economic growth level and development stage", "new changes, new imbalances, and new policies under the new normal", "the overall imbalances and macro-control of economic growth", "the upgrading of industrial structure in economic growth", "the upgrading of industrial structure and growth efficiency", "the imbalances of industrial structure and distortions of primary income distribution", and "the upgrading of industrial structure, adjustment of economic structure, and the supply-side reform".

Modern Economic Growth

Modern Economic Growth PDF Author: Simon Smith Kuznets
Publisher:
ISBN: 9780608301167
Category : Economic development
Languages : en
Pages : 529

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Book Description


Growth and Structural Transformation

Growth and Structural Transformation PDF Author: Kwang Suk Kim
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224

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Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.

Industrial Development for the 21st Century

Industrial Development for the 21st Century PDF Author: David O'Connor
Publisher: Zed Books
ISBN: 9781848130272
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
With very few exceptions, industrial development has been central to the process of structural transformation which characterises economic development. Industrial Development for the 21st century examines the new challenges and opportunities arising from globalization, technological change and new international trade rules. The first part focuses on key sectors with potential for developing countries, focussing on two key themes. First, traditional points of entry for late industrializers - like textiles and clothing - have become even more intensely competitive than ever before, requiring more innovative adaptive strategies for success. Second, countries now recognize that manufacturing does not exhaust the opportunities for producing high value-added goods and services for international markets. Knowledge intensity is increasing across all spheres of economic activity, including agriculture and services, which can offer promising development paths for some developing countries. The final section addresses social and environmental aspects of industrial development. Labour-intensive, but not necessarily other patterns of industrial development can be highly effective in poverty reduction though further industrial progress may be less labour-intensive. A range of policies can promote industrial energy and materials efficiency, often with positive impacts on firms' financial performance as well as the environment. Promoting materials recycling and reuse is an effective, if indirect means of conserving resources. Finally, the growth of multinational interest in corporate social responsibility is traced, with consideration given to both the barriers and opportunities this can pose for developing country enterprises linked to global supply chains.

Industries Without Smokestacks

Industries Without Smokestacks PDF Author: Richard S. Newfarmer
Publisher: Oxford University Press
ISBN: 0198821883
Category : Business & Economics
Languages : en
Pages : 472

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Book Description
A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)

Efficiency, Finance, and Varieties of Industrial Policy

Efficiency, Finance, and Varieties of Industrial Policy PDF Author: Akbar Noman
Publisher: Columbia University Press
ISBN: 0231542771
Category : Business & Economics
Languages : en
Pages : 527

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Book Description
Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.