There is widespread consensus among economists that institutions matter for economic development or stagnation. A large literature indicates that wealthy countries are those where property rights are clearly defined and protected, the rule of law is established and enforced, citizens have political and civil liberties, and policymakers adopt sound monetary and fiscal policies.1 Poor countries t...

There is widespread consensus among economists that institutions matter for economic development or stagnation. A large literature indicates that wealthy countries are those where property rights are clearly defined and protected, the rule of law is established and enforced, citizens have political and civil liberties, and policymakers adopt sound monetary and fiscal policies.1 Poor countries t...

The mortality rate for Japanese males aged 30-59 years in managerial and professional spiked in 2000 and remains worse than that of other occupations possibly associated with the economic downturn of the 1990s and the global economic stagnation after 2008. The present study aimed to assess temporal occupation-specific mortality trends from 1980 to 2010 for Japanese males aged 30-59 years for ma...

The poverty rate among children is higher today than it was in the late 1960s, a few years after the War on Poverty was launched. In 1969, 13.8 percent of all children lived in families with incomes below the poverty line; in 1988, 19.7 percent did. Whereas most studies of child poverty focus on the negative effects of deteriorating economic circumstances and the increasing percentage of childr...

An economic crisis can be measured from different perspectives. A very commonly used measure is that of a country’s economic growth. When growth is lower than desired, the economy is assumed to be near stagnation or in an economic recession. This paper connects entrepreneurship and economic growth in decision-making problems assessed with modern aggregation systems. Aggregation techniques can r...

Conclusions A new exact solution to the Navier–Stokes equations for  ow in the vicinity of the forward stagnation streamline on a sphere has been developed. These solutions describe the  owŽ eld all of the way from the body surface to the uniform  ow far from the body, in contrast to the traditional stagnation point solutions and, hence, may be used to obtain solutions for the entire range o...

85 Building and using human capabilities effectively represent the engine of sustainable growth and poverty reduction. At the same time, economic growth (or lack of it) influences prospects for enhancing human development, of which persistent poverty is the antithesis. Thus, achieving sustained and equitable economic growth is intimately connected with both the process and the goals of human de...

ABSTRACT The article has two goals. First, it describes and analyses the reasons for Brazilian ‘secular stagnation’ between 2015 2021. Second, outlines an agenda to assure macroeconomic stability social development, defined as sustainable economic growth, inflation under control, fiscal external equilibria income distribution.

The nature of macroeconomics has changed dramatically in the last seven years. Now, instead of being concerned with minor adjustments to stabilize about a given trend, concern is focused on avoiding secular stagnation. Much of this concern arises from the longrun effects of short-run developments and the inability of monetary policy to accomplish much more when interest rates have already reach...