Hysteresis and Business Cycles

Hysteresis and Business Cycles PDF

Author: Ms.Valerie Cerra

Publisher: International Monetary Fund

Published: 2020-05-29

Total Pages: 50

ISBN-13: 1513536990

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Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.

The Demographic Dividend

The Demographic Dividend PDF

Author: David Bloom

Publisher: Rand Corporation

Published: 2003-02-13

Total Pages: 127

ISBN-13: 0833033735

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There is long-standing debate on how population growth affects national economies. A new report from Population Matters examines the history of this debate and synthesizes current research on the topic. The authors, led by Harvard economist David Bloom, conclude that population age structure, more than size or growth per se, affects economic development, and that reducing high fertility can create opportunities for economic growth if the right kinds of educational, health, and labor-market policies are in place. The report also examines specific regions of the world and how their differing policy environments have affected the relationship between population change and economic development.

Global Trends 2040

Global Trends 2040 PDF

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Communities in Action

Communities in Action PDF

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2017-04-27

Total Pages: 583

ISBN-13: 0309452961

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In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Building Sustainable Human Resources Management Practices for Businesses

Building Sustainable Human Resources Management Practices for Businesses PDF

Author: Popescu, Cristina Raluca Gh.

Publisher: IGI Global

Published: 2024-03-22

Total Pages: 384

ISBN-13:

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The pressing need for environmental preservation has never been more evident, placing companies at the forefront of the sustainability movement. As the global community grapples with the ever-escalating environmental crisis, the imperative to preserve our planet has transitioned from an ethical consideration to a business necessity. Companies now face an unprecedented challenge: not only must they adapt to more sustainable practices, but must also fully embrace them across all aspects of their operations, including at the employee level. At the heart of this transformative journey lies human resource management, a pivotal lever for shaping a sustainable and environmentally responsible future for organizations. Building Sustainable Human Resources Management Practices for Businesses is a tool for academic scholars and discerning readers who seek to understand and address this urgent issue. This book goes beyond exploration, offering a deeply insightful examination of human resource management's role in fostering sustainability within organizations. By weaving the principles of sustainability with the intricacies of talent management, the book provides readers with the essential insights, practical tools, and real-world examples necessary to navigate the path toward a more eco-conscious approach to HR. From eco-friendly hiring practices to the cultivation of a green organizational culture, each chapter delivers actionable guidance and inspires change. Simultaneously, it delves into the challenges and future prospects of green HR management, exploring how technology, diversity and inclusion, and collaboration with key stakeholders can usher in a greener, more sustainable economy.

The Elgar Companion to Health Economics

The Elgar Companion to Health Economics PDF

Author: Andrew M. Jones

Publisher: Edward Elgar Publishing

Published: 2012

Total Pages: 641

ISBN-13: 0857938134

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ÔThe Elgar Companion to Health Economics is a comprehensive and accessible look at the field, as seen by its leading figures.Õ Ð Joseph Newhouse, Harvard Medical School, US Acclaim for the first edition: ÔThis Companion is a timely addition. . . It contains 50 chapters, from 90 contributors around the world, on the topical and policy-relevant aspects of health economics. . . there is a balanced coverage of theoretical and empirical materials, and conceptual and practical issues. . . I have found the Companion very useful.Õ Ð Sukhan Jackson, Economic Analysis and Policy ÔThis encyclopedic work provides interested readers with an authoritative and comprehensive overview of many, if not all, of the current research issues in health economics. Highly recommended. Upper-level undergraduates and above.Õ Ð R.M. Mullner, Choice This comprehensive collection brings together more than 50 contributions from some of the most influential researchers in health economics. It authoritatively covers theoretical and empirical issues in health economics, with a balanced range of material on equity and efficiency in health care systems, health technology assessment and issues of concern for developing countries. This thoroughly revised second edition is expanded to include four new chapters, while all existing chapters have been extensively updated. The Elgar Companion to Health Economics, Second Edition intends to take an audience of advanced undergraduates, postgraduates and researchers to the current frontier of research by providing concise and readable introductions to key topics.

Emerging Research on Social Security and Population Health: New Opportunities and Challenges

Emerging Research on Social Security and Population Health: New Opportunities and Challenges PDF

Author: Weike Zhang

Publisher: Frontiers Media SA

Published: 2024-06-12

Total Pages: 120

ISBN-13: 2832550304

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The academic circle has discussed the relationship between social security and population health from various perspectives, including the mechanism and economic outcomes of social security affecting health, the impact of population health on social security sustainability, etc. Despite these aspects, it is note-worthy that in recent years, some new factors have emerged in the economic and social environment which need to be taken into consideration. For example, the rapid development of digital medical technology has improved the operation efficiency and health effect of medical insurance, while population aging may be detrimental to the health of older adults and increase their health burden by reducing the size of pensions. In addition, complex environmental changes can make the relationship between social security and population health more difficult to grasp. These new factors all requires more research to analyze.

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present

The Cambridge Economic History of Modern Britain: Volume 2, Growth and Decline, 1870 to the Present PDF

Author: Roderick Floud

Publisher: Cambridge University Press

Published: 2014-10-09

Total Pages: 607

ISBN-13: 1316061167

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A new edition of the leading textbook on the economic history of Britain since industrialization. Combining the expertise of more than thirty leading historians and economists, Volume 2 tracks the development of the British economy from late nineteenth-century global dominance to its early twenty-first century position as a mid-sized player in an integrated European economy. Each chapter provides a clear guide to the major controversies in the field and students are shown how to connect historical evidence with economic theory and how to apply quantitative methods. The chapters re-examine issues of Britain's relative economic growth and decline over the 'long' twentieth century, setting the British experience within an international context, and benchmark its performance against that of its European and global competitors. Suggestions for further reading are also provided in each chapter, to help students engage thoroughly with the topics being discussed.

Economic Stress, Human Capital, and Families in Asia

Economic Stress, Human Capital, and Families in Asia PDF

Author: Wei-Jun Jean Yeung

Publisher: Springer Science & Business Media

Published: 2013-11-26

Total Pages: 276

ISBN-13: 9400773862

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This book presents recent findings about the consequences and policy implications of economic stress for human capital development and family well-being in Asia. The scope of the chapters goes beyond the impact of current financial crisis to include the effect of economic deprivation families in Asia experience as a result of job loss, low-wage employment, and catastrophic natural calamities. The studies show how macro-level economic stress can filter down through households to affect individuals’ economic and socio-psychological well-being. The chapters reveal a wide spectrum of economic stresses experienced by families in Asia that is linked to poor human capital development, emotional distress, health problems, changing fertility patterns, more frequent geographic movement, and less supportive parenting behavior. The elderly, women, children, low-skilled workers are particularly vulnerable. The economic shocks in the past several decades have exposed the vulnerability of the family institution and the weaknesses in this region’s social protection system that can lead to detrimental long-term effects on human capital development. This book is relevant for researchers and students in fields such as Family Studies, Globalization, Development, Social Problems, Social Stratification, Social Inequalities, Poverty and Welfare, Education, and Social Policies.