Sentences with phrase «economic concepts changed»

Ever since countries realized the power of exporting goods and the benefits of importing, economic concepts changed the world.

Not exact matches

From online to bricks and mortar, the very concept of what stores are, how consumers shop them, and even the core economic model for revenue, will be will be profoundly reinvented; changes sure to affect not only retailers large and small but any business with a stake in the global retail industry.

Furthermore, the Fed would like to adhere to the so - called «Taylor Rule» (in spite of Professor Taylor's protestations that it is misinterpreting and misusing his concept), a mathematical construct that purports to make monetary policy more «scientific» by establishing an arithmetic rule for varying the administered interest rate according to the variance of «actual from target inflation» (note that «inflation» refers to the change in a price index in this case, not the phenomenon of inflation of the money supply as such), as well as the variance of economic output from «potential output» (i.e, the so - called «output gap» is incorporated in the formula as well).

He could declare that liberalism was «plain English for a changed concept of the duty and responsibility of government toward economic life.»

Planners require knowledge of planning concepts, principles, techniques, and practices; the social, economic, political, physical elements, and the dynamics of change within communities.

From the studio as a site of labor, to one that blurs production, performance, and spectacle, to a concept that defines the artist's own identity, the exhibition features artists who, in response to changing socio - economic influences, represented new modes of working and living that would subsequently spread across society.

The question of who possesses what data, how these are processed, and how this changes the economic power structure and social concepts of the private sphere, knowledge, and responsibility is becoming more and more urgent.

(Warsaw, Poland) In times of economic crisis, concepts of changing public space and engaging local organizations in decision - making processes have become highly appreciated and have inspired artists from all over the world.

Hallegate S, Przyluski V (2010) «The Economic of Climate change: Concepts and Methods.»

This analytical report addresses the social dimensions of climate change from a sustainable, equitable development perspective, understood as «an irreducible holistic concept where economic, social and environmental issues are interdependent dimensions that must be approached within a unifi ed framework», and where the overarching outcome is to fully promote human welfare and equal access to life - sustaining resources.

The economic uniqueness of the climate - change problem is not just that today's decisions have difficult - to - reverse impacts that will be felt very far out into the future, thereby straining the concept of time discounting and placing a heavy burden on the choice of an interest rate.

The ideological struggle that is being fought now over the issue of «Climate Change» (and related, quasi-Marxist weasel concepts such as Sustainability) may not yet involve the bloodshed caused in the wars against Nazism and Stalinism, but the threat it poses to individual freedom and economic security is every bit as great.

Following changes effective February 1, 2014 to the SABS 2010, the concept of «economic loss» now acts not only as one of the requirements for benefit entitlement, but also as a cap on the quantum of benefits payable for accidents on or after the transition date where care is rendered by a non-professional service provider.