Such cartel activity reduces
economic welfare by artificially fixing prices and reducing the output of affected goods and services.
«After allowing for the higher energy costs faced by consumers, this action would raise global
economic welfare by $ 1.8 trillion (2.2 percent of global GDP),» the analysis finds.
Not exact matches
Already in Brazil, the region's biggest economy, President Dilma Rousseff is starting to roll out a more conservative message of austerity, including cuts in unemployment and
welfare benefits, to tame a record budget deficit widened
by the biggest
economic slowdown in 25 years.
«I think the self - driving car has the opportunity to not only improve productivity for the people in the car, which will be a huge
economic boost for those people; Not only has the opportunity to save lives — over a million people die worldwide in road deaths today caused
by human drivers, and I think we can take that very close to zero, which is very good for both human
welfare and for
economic productivity — it's a very serious dent in productivity when people get killed; And then all the ancillary industries that end up getting built out.»
New paper
by Sam Hammond: Could a «free - market
welfare state» be the guarantor of
economic freedom and stability that this society needs?
We, on the other hand, view it with hope: because more than anything, the events of the past few days show that the truth is getting out — the truth that capital markets simply can not exist under the authoritarian rule of central planners, the truth that the stock market is a casino in which the best one can hope for a quick flip, and finally the truth that our entire socio -
economic regime, whose existence has been predicated
by borrowing from the uncreated wealth of the future, and where accumulated debt could be wiped out at the flip of a switch if things go wrong in the process obliterating the
welfare of billions (of less than 1 % ers), is one big lie.
The CPTPP raises real Gross Domestic Product (GDP) for the parties as a group
by about 0.075 per cent, generating
economic welfare benefits of about $ 17.5 B in current Canadian dollars
by 2035.
SEEKING MORE - INCLUSIVE GROWTH
By Gordon Platt After strong economic growth in 2011, the six nations of the Gulf Cooperation Council are spreading the wealth by putting a priority on non-oil job creation and social welfar
By Gordon Platt After strong
economic growth in 2011, the six nations of the Gulf Cooperation Council are spreading the wealth
by putting a priority on non-oil job creation and social welfar
by putting a priority on non-oil job creation and social
welfare.
If those guys are largely right about the incentive factors that would then come into play (and especially if Americans were moderating their
economic libertarianism with devotion to family, virtue, community, and God, as your work would urge them to), then
by no means would that cause the social
welfare policy disaster most liberals assume it would.
Basically their figures showed that growth in gross product and growth in
welfare rose together from 1939 to 1947 but that since then a large continuing growth in product was accompanied
by very little improvement as judged
by the Measure of
Economic Welfare.
Nevertheless, I am convinced that rather than continue to assume that growth, as measured
by Gross National Product is an appropriate goal of national and international policy, we must examine how it relates to
economic welfare, and that requires that we dare to make judgments about what constitutes
welfare.
They continue to advocate policies that increase GDP even when they do not increase
economic welfare as measured
by the ISEW.
If it turned out that in the twenty years after 1965 continuing growth of GNP had not been accompanied
by improved
economic welfare, then surely it was time for a national discussion of how
welfare could be improved.
«Is the church a genuinely creative source of human
welfare, or does it merely share in and decorate the goods created
by economic and other secular forces?»
In the meantime, the economy that cooperated with
welfare reform
by providing jobs and
economic confidence in the late 1990s has turned sour.
When Hamilton tried to justify his ambitious
economic program through a liberal reading of the Constitution's «necessary and proper» clause and
by appealing to the transparently rhetorical «general
welfare» of the eighth section of Article I, Madison's resistance might have been predicted.
The result is that America is a nation deeply divided between people who are concerned about real - life issues — war and peace, social justice, the health and
welfare of people — on one hand, and other people who are concerned, instead, about «values,»
by which they mean adherence to ancient taboos, dependence on a magical God, enforcing acceptance of ancient creeds, requiring everyone to believe as they do, and finding safety in raw (though often hidden) social and
economic power.
If we draw a broader picture of what is important to human beings, the leveling off of sustainable
welfare in
economic terms would be replaced
by a definite decline in overall human terms.
In order to defeat underdevelopment, action is required not only on improving exchange - based transactions and implanting public
welfare structures, but above all on gradually increasing openness, in a world context, to forms of
economic activity marked
by quotas of gratuitousness and communion.
The objective here is to humanize the structures which govern the media, both
by encouraging persons within the industry to «do well
by doing good,» and
by insisting that the social and
economic powers of the industry must be counterbalanced
by governmental power which politically expresses the concern of citizens for the general public
welfare.
The objective here is to humanize the structures which govern the mass media, both
by encouraging persons within the industry to «do well
by doing good,» and
by insisting that the social and
economic powers of the media must be counterbalanced
by other kinds of power which express the concerns of citizens for the general
welfare.
Unless, that is, our essentially middle - class life style is challenged
by the poverty and oppression which is the lot of most of humankind, and we confront the hard truth that the issue is not reform of the
welfare system, no matter how much that is needed, but the end of a capitalist
economic order which increasingly divides the world into those who have and those who have not.
Partly it has been a function of imitation, beginning in the nineteenth century with Bismarck's social
welfare programs in Germany, and partly it has been prompted
by international
economic competition, again starting in the nineteenth century, with national governments playing an increasing role in regulating and promoting all forms of
economic activity.
We suspected that the decline in correlation of improvement in
economic welfare and growth in market activity had continued, and we thought that using a widely recognized measure, developed
by respected economists, would give some authority to the results.
I noted that Nordhaus and Tobin came to their conclusion that
economic growth improves
welfare by taking their statistics for the entire period of their study.
It is a type of anti-communism distinguished
by the following characteristics: it has no understanding of the causes of communism and emphasizes only self - defeating methods of opposing it; its starting point is a type of
economic individualism that can not tell the difference between the modest institutions of the
welfare state in this country and the first stages of communism; and it closes minds to the changes that have taken place in the Communist world.
Social development has already made a contribution to the
economic development of the state and he has a long quotation from his earlier writing to affirm that it is possible to develop a Kerala Model of Economic Growth on the foundation of its Model of Social Development by a new State strategy of «transforming its expenditure on education and health from merely a social welfare expenditure into an investment in human capital», and that in fact any other path of economic growth is full of risks for Kerala which has only «limited raw material and fuel resources
economic development of the state and he has a long quotation from his earlier writing to affirm that it is possible to develop a Kerala Model of
Economic Growth on the foundation of its Model of Social Development by a new State strategy of «transforming its expenditure on education and health from merely a social welfare expenditure into an investment in human capital», and that in fact any other path of economic growth is full of risks for Kerala which has only «limited raw material and fuel resources
Economic Growth on the foundation of its Model of Social Development
by a new State strategy of «transforming its expenditure on education and health from merely a social
welfare expenditure into an investment in human capital», and that in fact any other path of
economic growth is full of risks for Kerala which has only «limited raw material and fuel resources
economic growth is full of risks for Kerala which has only «limited raw material and fuel resources».
By contrast, Macron is simultaneously promising slightly more
economic freedom and enhanced state - delivered
welfare and employment security.
Our Constitution reflects the same principle when it exhorts the state to «promote the
welfare of the people
by securing and protecting as effectively as it may a social order in which justice, social,
economic and political, shall inform all the institutions of national life».
If it did, there is the potential for pro-competitive conduct
by firms with substantial market power to be deterred, with consequentially reduced gains in efficiency and productivity and hence
economic welfare.
Formed against a background of
economic curtailment on
welfare spending and a huge increase in the number of HIV and AIDS cases, Wola Nani initiated programs to help HIV + people in the local community cope with the emotional and financial strains brought about
by HIV and AIDS.
But rather than fearing the unknown future, the Israeli people, recently reunited
by welfare claims, should find the courage to tie together Israel's internal socio -
economic contradictions, and the seemingly never - ending political conflict that surrounds the country.
Thatcherite Tories favoured scaling down the size of
economic and social units: breaking up the
welfare state and dismantling the corporate economy into privatized units run
by entrepreneurs and business leaders operating within a smaller — but stronger — state.
The dialogue that ensued engaged the authors with a series of questions surrounding the book's central thesis: despite the real progress in racial equality achieved
by the 1960s civil rights legislation, the United States political institution has been caught in between two modes of conceptualizing, and enacting policy, about race — both of which have failed to close the tremendous gap in racial disparities in social and
economic welfare that are a legacy of American history.
The republican agenda was pursued particularly during Zapatero's first term, given that the second, starting in 2008, was marked
by a difficult handling of the
economic crisis and
by severe funding cuts on several fronts, including in
welfare.
It is at this point that you see the emergence of socio -
economic factors that remain of relevance after the war and into the Communist era: a drive for
economic self - sufficiency, social
welfare stimulated
by the refugee crisis — the government needed to cope with 80 million refugees.
The fact that we have to do so lies with the
economic reality that, even in times of growth and prosperity, the previous Government increased the
welfare bill
by some 60 %, to a staggering # 200billion.
«Hard - working people have felt the impact of an
economic mess left
by the last government, and do not deserve to be hit twice — having to pick up the bill for ever - increasing
welfare spending at the same time,» he wrote.
Considerations such as animal
welfare standards have been trumped
by seemingly more important
economic theories about free trade.
Japan today has one of the smallest governmental sectors in the developed world, because a lot of the tasks of the
welfare state, from providing
economic support during business downturns to building affordable housing for low wage workers, were assumed
by large private employers.
However, this cost would be offset
by savings from the
welfare budget, tax receipts from newly - employed workers, and the knock - on
economic boost from such a significant increase in production.
Raufnomics, coined
by Aregbesola's associates, was launched last year as a shorthand for his profitable use of strategic planning and an innovative
economic model to transform the lives of the people of Osun through mass - based and people - centered programmes and projects, especially in education, health care, infrastructural development, youth employment, and social
welfare.
Hear him: «Let me assure you that if I am elected President, the world will have no cause to worry about Nigeria as it has had to recently; that Nigeria will return to its stabilising role in West Africa; and that no inch of Nigerian territory will ever be lost to the enemy because we will pay special attention to the
welfare of our soldiers in and out of service; we will give them adequate and modern arms and ammunition to work with; we will improve intelligence gathering and border controls to choke Boko Haram's financial and equipment channels; we will be tough on terrorism and tough on its root causes
by initiating a comprehensive
economic development plan promoting infrastructural development, job creation, agriculture and industry in the affected areas.
The governor maintained that the
economic growth of a nation could only be measured
by the
welfare of the people.
On Wintour and Watt, he writes that reports of Miliband's speech in yesterday's
welfare debate have missed «the most significant aspect of his speech — an apparent attempt to reframe Labour's
economic policy which is being run
by his great rival Ed Balls.»
But it is increasingly clear that these traditions are being abandoned
by Clegg as he goes along with damaging cuts in public spending undermining
economic growth, tax rises hitting the poorest hardest, and a clear threat to the universal
welfare state.
Social democracy,
by contrast, was democratic western Europe's postwar response to communism, with public ownership of the utilities and sectors of manufacturing, the establishment of
welfare states, the sustaining of full employment
by state
economic management and redistributive taxation on an unprecedented scale.
Donnelly's view of redevelopment as an «effective
economic development tool» is contradicted
by overwhelming evidence that the corporate
welfare program fails to create jobs or stimulate local economies.
Campaigners against the
welfare reforms, led
by the centre - left pressure Compass and unions including Unison and the Public and Commercial Services Union (PCS), said: «Many of the plans were unacceptable when they were first published and the worsening
economic situation should lead to a fundamental rethink.»
As the prime minister pledged over the weekend to respond to the
economic downturn
by speeding up the reform of public services, the new campaign warned that a «draconian»
welfare policy was not the right one in a recession.