32 Productivity is, once more, on the agenda in many OECD countries. It has long been regarded as the long-run driver of economic growth, but attention for productivity-related issues has waxed and waned over the past decades. In recent years, productivity growth has received a great deal of attention in several OECD countries, notably Australia, Canada, the Netherlands, the United Kingdom and ...

This paper examines the impact of the global financial crisis on the Nigerian financial system. The paper documents extensive evidence to show that the immediate past governor of Central Bank of Nigeria was puerile in preventing the global financial crisis from having adverse effect on the Nigerian economy. As a result, the Nigerian capital market was seriously hit by the crisis. The prices of ...

The public perception of shared goods has changed substantially in the past few years. While co-owning properties has been widely accepted for a while (e.g., timeshares), the notion of sharing bikes, cars, or even rides on an on-demand basis is just now starting to gain widespread popularity. The emerging “sharing economy” is particularly interesting in the context of cities that struggle with ...

In light of the massive developments in Information Technology (IT) in the past few years, there has been a recent debate in the literature on the economic impact of IT. Of particular interest has been the role of the ‘New Economy’ sectors (hardware, software, and communications) in bringing about economic growth and productivity revival in the United States. While on a much smaller scale, Egyp...

review: this paper followed that intellectual system of imam khamenei as a thought leader in the field of knowledge-based economy indigenous theory, examine. refresh these ideas will help provide a better picture of this area have and be familiar with the main routes and lines the knowledge-based economy. in this articel resistance economy in this article as one of the major strategies of the c...

Two key measures of U.S. economic growth—the annual rate of change in real output and in productivity—have improved considerably in recent years.1 Between 1996 and 1998, growth in productivity in the largest segment of the economy, the private nonfarm business sector, averaged nearly 2 percent. This growth rate, the strongest sustained pace since 1983-85, appears to signal some fundamental impr...

By incorporating human capital accumulation into a dynamic trade model, we examine the relationship between the growth rate and the specialization pattern of a growing economy. We found that as long as its autarky price differs from the world price, a small open-economy eventually specializes completely. Furthermore, the impact of the terms of trade on the growth rate depends on the trade patte...

Informal economy (IE) is second only to the US economy in size; however, the role of ICT in IE remains largely unexplored. In this study, we conduct an empirical analysis of the role of ICT in IE growth. With PLS analysis involving more than 100 nations, we show that ICT products and software piracy may play important roles in IE growth, that impact of ICT and other determinants on IE growth re...