Now, new research suggests there is an optimal temperature
for economic productivity: 13 °C, or about 55 °F, The Washington Post reports.
Our natural and spontaneous love and esteem for children suffer in a society that rewards us only between the ages of 25 and 65 and only
for our economic productivity, not for our parenting.
«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.»
Not exact matches
Whatever the reason
for the elevated slack in the U.S. labor market, one obvious solution would be faster
economic,
productivity, and wage growth.
For instance, it can be reasonably assumed that investment would stall, which would hit
productivity and subsequently wages, jobs, living standards and long - term
economic growth.
Instead, spending was targetted at areas considered «critical
for productivity,» such as housing, research and development (R&D) and
economic infrastructure.
As it happens, last month the Organization
for Economic Co-operation and Development reported that «Canada's key long - term challenge is to boost
productivity growth» — so chalk that up as a win
for the provocative Rubin as well.
Symptoms include lack of energy, changes in appetite and sleep patterns, substance abuse, anxiety, and thoughts of self - harm, which, while clearly not great
for mental or physical health, also take a toll on
economic productivity.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide
economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer
productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K
for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
These recommendations were in fact cited by the Organisation
for Economic Co-operation and Development (OECD) in its 2016 annual Economic Survey of Canada.Naming a lack of productivity as a major impediment to future economic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate and
Economic Co-operation and Development (OECD) in its 2016 annual
Economic Survey of Canada.Naming a lack of productivity as a major impediment to future economic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate and
Economic Survey of Canada.Naming a lack of
productivity as a major impediment to future
economic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate and
economic growth, the OECD called
for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives
for small - and medium - sized companies to innovate and invest.
And being perhaps the world's most comprehensive aggregator of
economic data
for the largest and most advanced economies on the planet — and having tracked such data
for the last five decades — one might suggest that the OECD knows a thing or two about improving
productivity and making an economy grow.
«New businesses are disproportionately responsible
for the innovation that drives
productivity and
economic growth, and they account
for virtually all net new job creation,» says John Dearie, executive vice president
for policy at the Financial Services Forum.
An Organization
for Economic Cooperation and Development report a few years ago concluded that «a key cause of the underlying fall in manufacturing employment everywhere is rapid
productivity growth, whether by restructuring inefficient plants or deploying skills, knowledge, technology and new processes to boost efficiency.»
«It will be difficult
for Dollar General to maintain current levels of
productivity and profitability as some consumers will probably return to other retail channels once
economic conditions improve,» wrote Zoe Tan, an analyst with Morningstar, at the time of the announcement.
The underlying determinants
for these declines are related to the global supply and demand
for funds, including shifting demographics, slower trend
productivity and
economic growth, emerging markets seeking large reserves of safe assets, and a more general global savings glut (Council of Economic Advisers 2015, International Monetary Fund 2014, Rachel and Smith 2015, Caballero, Farhi, and Gourincha
economic growth, emerging markets seeking large reserves of safe assets, and a more general global savings glut (Council of
Economic Advisers 2015, International Monetary Fund 2014, Rachel and Smith 2015, Caballero, Farhi, and Gourincha
Economic Advisers 2015, International Monetary Fund 2014, Rachel and Smith 2015, Caballero, Farhi, and Gourinchas 2016).
This implies a slowdown in reforms that increase the private sector's
productivity and
economic share, together with a greater
economic role
for state - owned enterprises (and
for state - owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import - substitution industrialisation policies, and imposition of capital controls.
Canadians were asked to submit their views on five broad themes:
economic recovery and growth; job creation; demographic change;
productivity; and other challenges
for the upcoming budget.
Combining the plausible ranges of employment and
productivity growth in the coming years (but ignoring the possibility of outright recession), the bounds of average U.S.
economic growth over the coming 8 years range between 0.7 % annually to an extremely optimistic 3.2 % annually, with a likely midpoint of less than 2 % annually
for real GDP.
For instance, as the Canadian Centre for Policy Alternatives points out, Canadian manufacturing productivity still stubbornly trails U.S. levels, despite upbeat predictions at the outset that NAFTA - spurred economic integration would close the g
For instance, as the Canadian Centre
for Policy Alternatives points out, Canadian manufacturing productivity still stubbornly trails U.S. levels, despite upbeat predictions at the outset that NAFTA - spurred economic integration would close the g
for Policy Alternatives points out, Canadian manufacturing
productivity still stubbornly trails U.S. levels, despite upbeat predictions at the outset that NAFTA - spurred
economic integration would close the gap.
«Since Canadian
productivity performance is often compared to the
productivity performance in the United States, the methodology behind the estimates
for Canada should be comparable to the largest extent possible to that used by the U.S. Bureau of Labor Statistics (BLS),» wrote (pdf) Wulong Gu, of StatsCan's
Economic Analysis Division.
This, in turn, reflects ongoing restraint in wages growth, despite the low unemployment rate, and
productivity growth that is unusually strong
for this stage of the
economic cycle.
Productivity growth is another major contributor to
economic expansion, and the last five years have come up short:
productivity grew just 0.5 % a year on average over the last five years versus 2.2 % average gains
for the past 70 years.
With all these great benefits to individuals, communities, and businesses comes one more boon: the White House Council of
Economic Advisors reports that by increasing
productivity and job satisfaction, work flexibility is good
for our economy at large.
Even allowing
for these factors, however, it is clear that rapid
productivity growth remains an important feature of the current period of
economic expansion.
To further contextualize Canada's serious issue with its
productivity growth, a report put out by the Council of Canadian Academies states that since 1984, the relative labour
productivity in the Canadian business sector dropped from more than 90 % of the US level to 76 % in 2007, putting the country 15th out of 18 comparative Organisation
for Economic Co-operation and Development (OECD) countries.
Such gaps tend to narrow
for a number of reasons, including higher marginal
productivity on cheaper labor and land costs in lower - tier cities, better
economic integration with government - led redistribution of infrastructure and public resources from regional hubs to small neighbor cities, and broader penetration of technology, including smartphones and the internet, according to the Morgan Stanley research.
When the church addresses public
economic issues from a revisionist perspective, it presses the biblical imperative
for justice while simultaneously accepting modern
economic insights into the nature of
productivity and growth.
Tax structures and governmental regulations,
for example, certainly have an impact on
economic productivity.
K.C. Abraham points out that «Globalization has become a vehicle of cultural invasion», leading to «a mono - culture that suppresses
economic, ecological and cultural diversity, and has a tendency to accept efficiency and
productivity without concern
for justice and compassion towards people».6
According to analysis from the Organisation
for Economic Co-operation and Development, countries with the most
productivity also have the shortest workdays.
The New Economy Awards competition is organized annually to recognize companies and its leaders that drive
economic recovery around the globe via job creation,
productivity enhancement, increased efficiences in sustainable manner, thereby filling in the gap presented by increasingly complex regulatory frameworks and falling demand
for commodities.
«The awardees» hard work and commitment to increasing rice
productivity in their respective locations has significantly contributed to a more food - secure region and a revitalized rice sector
for Southeast Asia,» said Dr. Pham Quang Minh, Assistant Director, Sectoral Development Directorate, Head of Food, Agriculture and Forestry Division, ASEAN
Economic Community Department.
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.
We are refusing to comply with your warped
economic valuations of
productivity in matters of infant feeding —
for in GDP, money makes the world go round, not loving, milky, breasts.
Although, as Keynes predicted,
productivity has risen,
economic policy has obviously not reduced the need
for work, or consumption.
The main
economic reason
for doing so is to improve your workforce so that you have higher
productivity, more added value, and a higher tax base.
As part of the
economic solution, there should be a «
productivity partnership fund» created
for unions and businesses to make joint bids to support
productivity gains.
Aside from fall foliage and its
economic importance to many areas, the research has broad implications
for predicting growing seasons, agricultural
productivity and ecosystem
productivity, Medvigy said.
The Centre
for Vision in the Developing World, set up by University of Oxford physicist Joshua Silver, says that by 2030 eyesight will be one of the world's top 10 health issues in terms of
productivity and opportunities — taking a bigger
economic toll than the HIV epidemic.
The next sentence appears to offer a rationale
for a higher level of support: «The Committee believes that strategic investments in the physical science areas are vitally important
for the United States to remain the global leader in innovation,
productivity,
economic growth, and good - paying jobs.»
«Disparities in colorectal cancer death rates take a large
economic toll: Preventable deaths account
for $ 6.4 billion in lost
productivity.»
The study focused on achievement in math, which is not only important
for education and
economic productivity but is also known to prompt strong emotional reactions in students.
«We are hopeful that by understanding the core relationships between land
productivity and biodiversity, we can then refine management recommendations
for land users with the goal of enhancing both
economic and environmental outcomes.»
This will not only account
for a great deal of morbidity and mortality
for Australia but will apply huge
economic pressures to the health system as well as reducing
productivity.
The grim bottom line (
for those emerging from recently melted ice caves): Bring carbon dioxide emissions under control within the next few years or face serious consequences, including rising sea levels, reduced agricultural
productivity and a global
economic downturn.
Regardless, understanding the conditions under which
productivity enhancing innovation occurs is critical
for economic development and can provide novel insights into the arise of new inventions, according to the authors.
Being viewed as proficient or expert in activities other than food production — the ritual expert or shaman,
for example — may buy someone status even when his
economic productivity is waning, but only up to a point, Gurven continued.
Given the tremendous
economic contribution by upwards of one million illegal Burmese migrants to the Thai economy — which was reported in 2007 to total roughly US $ 53 million (3) per year — forcing refugees into dependence is a waste of human
productivity not to mention a denigration of human rights and social well being
for the population.
But others have argued that the overall past success of the U.S. economy suggests that high - school math performance is not that critical
for sustained growth in
economic productivity.
If education has such a dramatic impact on a country's
economic productivity and growth, what are the implications of a less - than - adequate education system
for economic growth today and in the future?