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Fiscal Stability of High-Debt Nations under Volatile Economic Conditions
National debt deficit fiscal policy
2015/7/20
Using a recursive empirical model of the real interest rate, GDP growth and the primary government deficit in the United States, I solve for the ergodic distribution of the debt/GDP ratio. If such a d...
Presentation delivered to the National Council of Professors in Kuala Lumpur, Malaysia.
The Competitive Advantage of Nations and Regions: Implications for the Caribbean
Economics Trinidad and Tobago
2015/5/7
This presentation draws on ideas from Professor Porter's articles and books, in particular, The Competitive Advantage of Nations (The Free Press, 1990), "Building the Microeconomic Foundations of Comp...
Evolution of Global Environmental Governance and the United Nations
global environmental governance policy approache capital markets sustainable development
2011/9/13
The article discusses the importance of global environmental governance in the development of multilateral environmental agreements catalyzed by the United Nations. It is stated that policy approaches...
The United Nations Conference on Trade and Development
The United Nations Conference on Trade and Development 联合国贸发会议
2010/1/20
Established in 1964, UNCTAD promotes the development-friendly integration of developing countries into the world economy. UNCTAD has progressively evolved into an authoritative knowledge-based institu...
Regulation and the Wealth of Nations: The Connection between Government Regulation and Economic Progress
Wealth Nations Government Regulation
2009/7/23
Adam Smith’s main message is that when unregulated, undistorted rewards
are higher in one activity than another, economic progress is usually promoted
if resources flow toward the high-return use. A...
The five United Nations regional commissions cooperate on energy efficiency
the five United Nations regional commissions energy efficiency
2009/6/16
On 4 June 2009, representatives from the five United Nations regional commissions, the Economic Commission for Europe (ECE), Economic and Social Commission for East Asia and the Pacific (ESCAP), Econo...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter XI Of the Rent of Land
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密
2009/2/12
1Rent, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances of the land. In adjusting the terms of the lease, the l...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter X Of Wages and Profit in the Different Employments of Labour and Stock
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Stock
2009/2/12
The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighbourhood, be either perfectly equal or continually tending to equality. If in the ...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter IX Of the Profits of Stock
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Stock
2009/2/12
The rise and fall in the profits of stock depend upon the same causes with the rise and fall in the wages of labour, the increasing or declining state of the wealth of the society; but those causes af...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VIII Of the Wages of Labour
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Labour
2009/2/12
In that original state of things, which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer.*1 He has neither landlord nor master...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VII Of the Natural and Market Price of Commodities
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Market
2009/2/12
There is in every society or neighbourhood an ordinary or average rate both of wages and profit in every different employment of labour and stock. This rate is naturally regulated, as I shall show her...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VI Of the Component Parts of the Price of Commodities
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密
2009/2/12
In that early and rude state of society which precedes both the accumulation of stock and the appropriation of land, the proportion between the quantities of labour necessary for acquiring different o...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter V Of the Real and Nominal Price of Commodities, or of their Price in Labour, and their Price in Money
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Money
2009/2/12
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life.*1 But after the division of labour has once thoroughly t...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter IV Of the Origin and Use of Money
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Money
2009/2/12
When the division of labour has been once thoroughly established, it is but a very small part of a man's wants which the produce of his own labour can supply. He supplies the far greater part of them ...