2014.03.24 - NAEC seminar_Implications for globalisation for competitionOECD_NAEC
Globalization has led to more cross-border mergers and competition cases, requiring improved cooperation among competition authorities to avoid inconsistent decisions. As the number of authorities increases, the current system may prove insufficient. Revisions to OECD recommendations aim to modernize procedures, improve information exchange, and increase international enforcement cooperation. Long-term goals include expanding participation, facilitating information sharing, and exploring new means of cooperation like multilateral instruments or mutual recognition of decisions.
This document summarizes research on how inequality affects economic growth and human capital accumulation. The key points are:
1. Analysis of OECD countries finds that lower net income inequality is linked to higher economic growth rates. Reducing inequality by 1 Gini point could increase annual GDP growth by 0.2 percentage points.
2. Inequality at the bottom of the income distribution, not the top, appears to negatively impact growth.
3. Inequality reduces human capital accumulation, but only for those from poorer socioeconomic backgrounds. It lowers their education levels and skills proficiency even when controlling for education. This suggests inequality decreases opportunities for the poor.
2014.03.24 - NAEC seminar_Implications for globalisation for competitionOECD_NAEC
Globalization has led to more cross-border mergers and competition cases, requiring improved cooperation among competition authorities to avoid inconsistent decisions. As the number of authorities increases, the current system may prove insufficient. Revisions to OECD recommendations aim to modernize procedures, improve information exchange, and increase international enforcement cooperation. Long-term goals include expanding participation, facilitating information sharing, and exploring new means of cooperation like multilateral instruments or mutual recognition of decisions.
This document summarizes research on how inequality affects economic growth and human capital accumulation. The key points are:
1. Analysis of OECD countries finds that lower net income inequality is linked to higher economic growth rates. Reducing inequality by 1 Gini point could increase annual GDP growth by 0.2 percentage points.
2. Inequality at the bottom of the income distribution, not the top, appears to negatively impact growth.
3. Inequality reduces human capital accumulation, but only for those from poorer socioeconomic backgrounds. It lowers their education levels and skills proficiency even when controlling for education. This suggests inequality decreases opportunities for the poor.
2014.11.28 - NAEC Group Meeting_Adrian Blundell-WignallOECD_NAEC
The document discusses several issues related to finance and the economy. It notes that financial deregulation and innovation led to the 2008 liquidity crisis due to complex derivatives and relationships between counterparties. Since then, derivatives have shifted from banks to shadow banks. There has also been an emerging market bubble in corporate credit as investors seek yield. The document raises concerns about liquidity risks if interest rates rise or demand slows, given the shift away from banks as liquidity providers. It argues that new approaches are needed to encourage long-term, sustainable investment by non-banks.
This book tells the story of Annemarie and her courage during Nazi occupation in Denmark. It shows Annemarie's bravery in confronting soldiers and protecting others. While Annemarie demonstrates courage, many Danish people live in fear of the Nazi soldiers. The book depicts how the characters deal with both courage and fear during this difficult time period.
Yerevan has been the capital of Armenia since 1918 and has a long history dating back to 782 BC when the fortress of Erebuni was founded, making it one of the oldest cities in the world. As the largest city in Armenia, Yerevan sits along the Hrazdan River and serves as the cultural, administrative and industrial center of the country, having become Armenia's principal center for culture, art, industry and national government after World War I.
This document outlines New Zealand's approach to national security which focuses on building resilience through a systems approach. It emphasizes managing risks, reducing vulnerabilities, and building resilience within the same framework. Recent crises in New Zealand like earthquakes and industrial accidents highlighted the importance of this approach and lessons around strengthening infrastructure, community support, and adaptive emergency management.
The document discusses measurement of inclusive growth presented at a seminar. It introduces a formula for measuring inclusive growth that considers average household income, differences in health and unemployment as a percentage of income, equivalent income for household groups, and an inequality measure. The presentation proposes updating the data to 2011, developing data on health inequalities, testing different specifications for a "jobs" component, and comparing the inclusive growth measure to other indicators such as measures of subjective well-being.
1) Policy makers often use simple models to address complex policy questions, which can create tensions as real-world systems tend to be complex with emergent and networked properties.
2) Work by David Tuckett on narratives in financial markets illustrates complexity, as investors make decisions under uncertainty based on sense-making narratives rather than rational utility maximization.
3) Examples of interactions between complexity academics and policymakers, like projects applying complexity science to real cases, show potential for better addressing complex problems but also questions if current structures support such work.
2014.09.22 - NAEC Seminar_Origins of the crisisOECD_NAEC
The document analyzes the determinants of the financial crisis, identifying three key factors: 1) Low interest rates increased the supply of credit. 2) Rising income inequality and growth of institutional investors increased demand for mortgages and securitized bonds. 3) The rise of shadow banking and enabling factors allowed risks to accumulate in the financial system.
2014.11.28 - NAEC Group Meeting_Shardul agrawalaOECD_NAEC
1) The document discusses new approaches to addressing environmental challenges. It focuses on three projects examining the costs of policy inaction on issues like climate change, the impact of tighter environmental policies on productivity, and the economic and social effects of environmental reforms.
2) It finds that the costs of inaction on climate change are substantial, with global damages estimated to reach 5-9% of GDP by 2100 under a business as usual scenario. Tighter environmental policies also do not necessarily harm productivity when properly designed.
3) The document advocates assessing reforms using macroeconomic models and microsimulation to evaluate their efficiency, environmental effectiveness, and distributional consequences like the impact of fossil fuel subsidy phase outs on household income.
2014.11.28 - NAEC Group Meeting_Lamia Kamal-ChaouiOECD_NAEC
This document summarizes the work of the OECD's Inclusive Growth Initiative. It established a multidimensional framework to measure inclusive growth that accounts for income as well as non-income factors like employment and health. Between 2012-2014, the initiative delivered reports applying this framework and identifying policy areas that can boost both growth and inclusiveness. Going forward, it will refine the methodology, integrate inclusive growth analysis across policy sectors, and conduct national and regional case studies to strengthen the evidence base and mainstream inclusive growth policymaking.
2014.11.28 - NAEC Group Meeting_Adrian Blundell-WignallOECD_NAEC
The document discusses several issues related to finance and the economy. It notes that financial deregulation and innovation led to the 2008 liquidity crisis due to complex derivatives and relationships between counterparties. Since then, derivatives have shifted from banks to shadow banks. There has also been an emerging market bubble in corporate credit as investors seek yield. The document raises concerns about liquidity risks if interest rates rise or demand slows, given the shift away from banks as liquidity providers. It argues that new approaches are needed to encourage long-term, sustainable investment by non-banks.
This book tells the story of Annemarie and her courage during Nazi occupation in Denmark. It shows Annemarie's bravery in confronting soldiers and protecting others. While Annemarie demonstrates courage, many Danish people live in fear of the Nazi soldiers. The book depicts how the characters deal with both courage and fear during this difficult time period.
Yerevan has been the capital of Armenia since 1918 and has a long history dating back to 782 BC when the fortress of Erebuni was founded, making it one of the oldest cities in the world. As the largest city in Armenia, Yerevan sits along the Hrazdan River and serves as the cultural, administrative and industrial center of the country, having become Armenia's principal center for culture, art, industry and national government after World War I.
This document outlines New Zealand's approach to national security which focuses on building resilience through a systems approach. It emphasizes managing risks, reducing vulnerabilities, and building resilience within the same framework. Recent crises in New Zealand like earthquakes and industrial accidents highlighted the importance of this approach and lessons around strengthening infrastructure, community support, and adaptive emergency management.
The document discusses measurement of inclusive growth presented at a seminar. It introduces a formula for measuring inclusive growth that considers average household income, differences in health and unemployment as a percentage of income, equivalent income for household groups, and an inequality measure. The presentation proposes updating the data to 2011, developing data on health inequalities, testing different specifications for a "jobs" component, and comparing the inclusive growth measure to other indicators such as measures of subjective well-being.
1) Policy makers often use simple models to address complex policy questions, which can create tensions as real-world systems tend to be complex with emergent and networked properties.
2) Work by David Tuckett on narratives in financial markets illustrates complexity, as investors make decisions under uncertainty based on sense-making narratives rather than rational utility maximization.
3) Examples of interactions between complexity academics and policymakers, like projects applying complexity science to real cases, show potential for better addressing complex problems but also questions if current structures support such work.
2014.09.22 - NAEC Seminar_Origins of the crisisOECD_NAEC
The document analyzes the determinants of the financial crisis, identifying three key factors: 1) Low interest rates increased the supply of credit. 2) Rising income inequality and growth of institutional investors increased demand for mortgages and securitized bonds. 3) The rise of shadow banking and enabling factors allowed risks to accumulate in the financial system.
2014.11.28 - NAEC Group Meeting_Shardul agrawalaOECD_NAEC
1) The document discusses new approaches to addressing environmental challenges. It focuses on three projects examining the costs of policy inaction on issues like climate change, the impact of tighter environmental policies on productivity, and the economic and social effects of environmental reforms.
2) It finds that the costs of inaction on climate change are substantial, with global damages estimated to reach 5-9% of GDP by 2100 under a business as usual scenario. Tighter environmental policies also do not necessarily harm productivity when properly designed.
3) The document advocates assessing reforms using macroeconomic models and microsimulation to evaluate their efficiency, environmental effectiveness, and distributional consequences like the impact of fossil fuel subsidy phase outs on household income.
2014.11.28 - NAEC Group Meeting_Lamia Kamal-ChaouiOECD_NAEC
This document summarizes the work of the OECD's Inclusive Growth Initiative. It established a multidimensional framework to measure inclusive growth that accounts for income as well as non-income factors like employment and health. Between 2012-2014, the initiative delivered reports applying this framework and identifying policy areas that can boost both growth and inclusiveness. Going forward, it will refine the methodology, integrate inclusive growth analysis across policy sectors, and conduct national and regional case studies to strengthen the evidence base and mainstream inclusive growth policymaking.
The poster presentation is about the Swedish pop band ABBA. It provides information on the band members whose first initials make up the band's name. It also notes that ABBA has sold between 140-500 million records worldwide, making them one of the best-selling music artists of all time. The poster includes photos of the band and lists some of the presenter's favorite ABBA songs.
The poster presentation is about the Swedish pop band ABBA. It provides information on the band members whose first initials make up the band's name. It also notes that ABBA has sold between 140-500 million records worldwide, making them one of the best-selling music artists of all time. The poster includes photos of the band and lists some of the presenter's favorite ABBA songs.
Malia has many shops selling soaps and souvenirs, as well as tasty food from Greece and other countries. There are also fun dolls outside the shops good for photos. Sights include the Palace of Malia from 1800 BC and the soft sandy seaside is great for swimming, building sandcastles, and relaxing in nature.
2. Մեծ Բրիտանիայի մեծացումը և փոքրացումը
XV դարի վերջին կենտրոնացված անգլիական
պետության ստեղծումը և երկրում բարենպաստ
պայմանները հնարավորություն տվեցին
տիրապետության հասնել ծովերի վրա և նվաճել
բազմաթիվ հարուստ գաղութներ: Սակայն Երկրորդ
համաշխարհային պատերազմից հետո սկսվեց այդ
վիթխարի գաղութային կայսրության քայքայումը, և
այժմ Մեծ Բրիտանիայի վերահսկողության տակ
մնացել են մեկ տասնյակից էլ պակաս գաղութային ու
կախյալ տարածքներ:
Մեծ Բրիտանիան սահմանադրական միապետություն
է՝ իր թագավորով (կամ թագուհիով), որի մասին ասում
են՝ նա թագավորում է, բայց չի իշխում:
3. Բրիտանիայի գաղութները Եվրոպայում
• Իռլանդիա,Գելգոլանդ(Այժմ Գերմանիայի մի
մասը),Մալտա,Գիբռալտար,Մինորկա(Այժմ
Իսպանիայի մի մասը),Իոնական կղզիներ(Այժմ
Հունաստանում),Կիպռ:
4. Բրիտանիայի գաղութները Ասիայում
• Մեսոպոտամիա(Այժմ Իրաք),Բրիտանական
Մանդատ(Իորանդիա),Կուվեյտ,Կատար,
Բախրեյն,Բիռմա,Օման,Ադեն(Այժմ Յեդեմի մի
մասը),Աֆղանիստան,Բրիտանական
հնդկաստան,Ցեյլոն,Մալդիվական կղզիներ,
Մալացիա,Բրիտանական Մալայա,Սարավաք,
Սաբախ,Լաբուան,Բրունեյ,Գոնկոնգ(Այժմ
Սյանգան)
5. Բրիտանիայի այլ գաղութային երկրներ
• Աֆրիկա-Եգիպտոս,Կենիա,Ուգանդա
• Հյուսիսային Ամերիկա-Կանադա,Մերիլենդ,Վիրգինյա
• Լատինո Ամերիկա-Բարբադոս,Անգիլյա,Գրենադա
