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Andrew Hodge - 2011

Happiness research is a new, rapidly growing and provocative aspect of economic science. In fact, there are now over 1 …,800 published papers on the subject, and it might be said that the ‘dismal science’ has come to be obsessed with happiness. This … is the ‘Easterlin Paradox’ – the finding that self-reported happiness does not always appear to grow in tandem with …

Persistent link: https://www.econbiz.de/10009448119

Complex Factors Behind Misguided Policies in Socioeconomics: From Mass Migration and Persistent Alienation to Rampant Crime and Economic Malaise

Kim, Steven - 2016

In a complex and chaotic world, people often gloss over the facts and jump to conclusions. Unfortunately, the hasty approach usually yields deficient and even harmful results. The domains affected range from migration and poverty to alienation and crime. According to the Myth of Boon, for...

Persistent link: https://www.econbiz.de/10015254795

Was the Barrier to Labor Mobility an Important Factor for the Prewar Japanese Stagnation?

Aoki, Shuhei - 2008

Using a simple framework, I reexamine the Hayashi and Prescott hypothesis (2006) that a barrier to labor mobility that maintained high agricultural employment was a cause of the stagnation in the prewar Japanese economy. I find that the labor misallocation between the agricultural and...

Persistent link: https://www.econbiz.de/10015257688

Product Maximization Techniques of a Factory of Bangladesh: A Sustainable Procedure

Mohajan, Haradhan - 2021

Every factory wants to obtain a maximum production that provides a maximum profit, and also wants to go ahead with a sustainable way in the competitive global economy. To achieve a sustainable economic environment, the factory must run in ensuing scientific methods. This study has considered...

Persistent link: https://www.econbiz.de/10015245834

Third Industrial Revolution Brings Global Development

Mohajan, Haradhan - 2021

During the first industrial revolution (IR1) human and animal labor technology converted into machinery, such as the steam engine, the spinning jenny, puddling and rolling processes for making iron, coke smelting, etc. During the second industrial revolution (IR2) electricity, internal...

Persistent link: https://www.econbiz.de/10015262350

Germany is Ahead to Implement Sustainable Circular Economy

Mohajan, Haradhan - 2021

This study tries to discuss aspects of application of circular economy (CE) in Germany. Since the start of the First Industrial Revolution (start in 1760), more than 260 years ago, there becomes enormous development in global linear economy (LE) on the basis of ‘take, make and dispose’....

Persistent link: https://www.econbiz.de/10015248063

Convergence Clubs Beyond GDP: A Non-Parametric Density Approach

Mendez-Guerra, Carlos - 2017

In the study of convergence in living standards across countries, per-capita Gross Domestic Product (GDP) has been usually used as a proxy for the measurement of national well-being. However, other important welfare aspects––beyond GDP––should also be considered. This paper revisits the...

Persistent link: https://www.econbiz.de/10015257850

Rapid urbanization, employment crisis and poverty in African LDCs:A new development strategy and aid policy

Herrmann, Michael; Khan, Haider - 2008

Rapid urbanization is a fact of live even in the least developed countries (LDCs) where the lion’s share of the population presently lives in rural areas and will continue to do so for decades to come. At the turn of the millennium 75% of the LDCs’ population still lived in rural areas and...

Persistent link: https://www.econbiz.de/10015264505

The Economics of Climate Change and Science of Global Warming Debate:African Perspectives

Nwaobi, Godwin - 2013

As at today, it is an indisputable fact that the climate is changing and there is a scientific consensus that the world is becoming a warmer place principally attributable to human activities. Regrettably, the physical impacts of future climate change on humans and the environment will include...

Persistent link: https://www.econbiz.de/10015236928

Social Transfers and Inequality During the Polish Transition

Keane, Michael; Prasad, Eswar - 2001

In general, most countries of the former Eastern bloc have experienced poor growth performance and large increases in income inequality during the transition process. The most obvious success story in the process of transition to date has been Poland, which has outstripped other transition...

Persistent link: https://www.econbiz.de/10015241566