1) Economic growth rates differ across countries due to differences in capital accumulation, human capital development, and technological progress.
2) Governments play an important role in promoting or limiting long-term growth through their influence on physical capital investment, human capital development through education, and technological progress through funding of research.
3) While natural resource scarcity and environmental issues pose challenges, most economists are optimistic that modern economies can overcome these challenges through technology, incentives to conserve resources, and market-based policies to reduce environmental impacts like carbon taxes.
While concerns about poverty and earning capacity were raised now and then, it was only after the 2008 financial crisis that employment and the earning capacity of people were catapulted into the center stage of political discourse. Part of this discourse has focused on the relationship between employment and consumption, where the tension between providing jobs and decreasing the environmental footprint of industrialized and industrializing states was acknowledged. This relationship has historically focused on increasing production and consumption with insufficient or little regard to their effects on the environment, and energy and resource limits.
The next global economy is emerging in a new world full of unprecedented technologies, new ideas about resources and capital, and new approaches to business. Crucially, we are also being confronted with environmental and economic challenges never before imagined. The ‘next economy’ or ‘green economy’ approach to investment management asserts that the basics of the global economy are evolving in tandem with these changes and that methods of investment management must evolve with them. Green Alpha Advisors contemplates a future economy in which the next generation of asset management must be integral to and reflective of that next economy which both functions to support the integrity of earth’s systems and also can function within earth’s tolerances and finite resource base.
To appropriately invest in this emerging, green economy, one must appreciate that the next economy is by definition not the legacy economy of previous generations, and that it therefore requires a new understanding, new definitions and a new set of rules. To some degree, this requires redefining the parameters of modern portfolio theory to reflect this new world with its technologies and challenges. This in turn requires new economic models, new portfolio construction methods, and new sector classification schemes. Green Alpha Advisors approach to all three is presented here in brief.
For the most part, science’s reputation stems from the objectivity brought upon by an arbitrary, rigid methodology whose very character absolves it from any accusation of prejudice.
Such infamy effectively raised science in a pedestal untouchable by other institutions- its sole claim to reason and empiricism-garnering supporters who want to defend it and its ways. According to Heidegger “ Technology is a human activity that we excel in as a result of achieving science”
The end goals of both science and technology and human flourishing are related, in that the good is inherently related to the truth.
The following are two concepts about science which ventures its claim on truth.
Infrastructure plays a critical role in growth, competitiveness, job creation and poverty alleviation. It’s investment in high-quality, sustainable infrastructure can provide basic services to households; lead to productive gains for industry; provide market access for agriculture; enable sustainable urban development; open corridors of trade for poor and landlocked countries to the global economy; and help progress towards a more climate-smart world. Therefore, Infrastructure is very important to progress the economic development for both emerging and advanced economies.
In this keynote speech to the Global Green Leaders Summit I explore the need for a robust conversation on how the growing global population and the rise of the middle class in developing countries will have a huge impact on climate change. It is little discussed in terms of what is happening on the ground from an increase in consumer demand, the connection with energy and, dare i say it, food supply. In the speech i call for a more innovative approach to supporting business and industry to innovate, invest, invent and create
Climate change and economic growth – full reportRégis Frias
Full report of our group's research carried out for the course "Basics of climate change: The science background and implications on technology & business" at Aalto University.
The Economic Development Of The World Economy
Effects Of Economic Development On A Nation
Sustainable Growth and Economic Development
Economic Development And Economic Growth
The Theory Of Economic Development Essay
Economic Growth Essay
Population Growth And Economic Development
Economic Development Essay
Economic Development And Human Development
Essay on Development
The Importance Of Economic Development
Essay On Financing Economic Development
Essay on Economic Growth and Development
published 2nd february.
on Dasgupta conclusions & recommendations:
Please observe EFOW practice learning and action plans forwards in this decade of action: 99 Theses to Build Back Better
With momentum building towards the UN Climate Change Conference in Peru, new figures from IBR reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets. In this short report Nathan Goode, global leader for energy & cleantech, calls for a change in the narrative around sustainability arguing that we need to start talking in language that resonates with businesses.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
This presentation poster infographic delves into the multifaceted impacts of globalization through the lens of Nike, a prominent global brand. It explores how globalization has reshaped Nike's supply chain, marketing strategies, and cultural influence worldwide, examining both the benefits and challenges associated with its global expansion.
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Nike Supply Chain
Globalization of Nike
Nike Manufacturing Process
Rubber Materials Nike
Ethylene Vinyl Acetate Nike
Genuine Leather Nike
Synthetic Leather Nike
Cotton in Nike Apparel
Nike Shops Worldwide
Nike Manufacturing Countries
Cold Cement Assembly Nike
3D Printing Nike Shoes
Nike Product Development
Nike Marketing Strategies
Nike Customer Feedback
Nike Distribution Centers
Automation in Nike Manufacturing
Nike Consumer Direct Acceleration
Nike Logistics and Transport
2. CAPITAL, TECHNOLOGY AND GROWTH
DIFFERENCES
o Economies with rapid growth tend to be
economies that add physical capital,
increase their human capital, or
experience rapid technological progress
3. ADDING TO PHYSICAL CAPITAL
o One reason for differences in growth
rates among countries is that some
countries are increasing their stock of
physical capital much more rapidly than
others, through high rates of investment
spending.
4. ADDING TO PHYSICAL CAPITAL
o Money for investment spending comes
from financial markets that channel
savings into investment spending.
o The key point is that investment
spending must be paid for either out of
savings from domestic households or by
an inflow of foreign capital. For the
most part, though, countries that invest
a large share of their GDP are able to do
so because they have high domestic
savings.
5. ADDING TO PHYSICAL CAPITAL
o So a reason for differences in growth
rates is that countries have different
rates of savings and investment
spending.
o There have been large differences in the
rate at which countries add to their
human capital through education.
6. TECHNOLOGICAL PROGRESS
o The advance of technology is a key force
behind economic growth. What drives
technology?
1) Scientific advances make new technologies
possible.
2) Research and development (R&D) is
spending to create new technologies and
prepare them for practical use. Although
some R&D is conducted by governments,
much R&D is paid for by the private sector.
7. TECHNOLOGICAL PROGRESS
3) Although developing new technologies is
one thing, applying it is another. There
have been notable differences in the
pace at which different countries take
advantage of new technologies.
8. ROLE OF GOVERNMENT IN PROMOTING
ECONOMIC GROWTH
o Governments play an important role in
promoting or blocking all three sources
of long-term economic growth.
9. GOVERNMENTS AND PHYSICAL CAPITAL
o Governments play an important direct role
in building infrastructure (roads, power
lines, ports, information networks, and
other parts of an economy’s physical capital
that provides a foundation for economic
activity).
o Much of the infrastructure of a country is
provided by government or requires a great
deal of government regulation and support.
10. GOVERNMENTS AND PHYSICAL CAPITAL
o Poor infrastructure is a major obstacle to
economic growth in some countries.
o To provide good infrastructure, an
economy must be able to afford it, but it
must also have the political discipline to
maintain it and provide for the future.
o The most crucial infrastructure is basic
public health measures in the form of
clean water supply and disease control.
11. GOVERNMENTS AND INVESTMENT
o Governments also play an important
indirect role in making high rates of
private investment spending possible.
o Both the amount of savings and the
ability of an economy to direct savings
into productive investment spending
depend on the economy’s institutions,
especially its financial system.
12. GOVERNMENTS AND INVESTMENT
o A well-functioning banking system is
very important for economic growth
because in most countries it is the
principal way in which savings are
channeled into business investment
spending.
13. GOVERNMENTS AND INVESTMENT
o If a country’s citizens trust their banks,
they will place their savings in bank
deposits , which the banks will then lend
out to their business customers. But if
people don’t trust their banks, they will
hoard gold or foreign currency, and
cannot be turned into productive
investment spending.
14. GOVERNMENTS AND INVESTMENT
o A well-functioning financial system
requires appropriate government
regulation that assures depositors that
their funds are protected.
15. GOVERNMENTS AND HUMAN CAPITAL
o An economy’s physical capital is created
mainly through investment spending by
individuals and private companies.
o Much of an economy’s human capital, by
contrast, is the result of government
spending on education.
o Governments pay for the great bulk of
primary and secondary education, although
individuals pay a significant share of the
costs of higher education.
16. GOVERNMENTS AND TECHNOLOGY
o Technological progress is largely the
result of private initiative.
o However, much important R&D is done
by government agencies.
17. POLITICAL STABILITY, PROPERTY RIGHTS,
AND EXCESSIVE GOVERNMENT
INTERVENTION
o Political stability and protection of
property rights are crucial ingredients in
long-run growth.
o Long-run growth requires that there be
good laws, institutions that enforce
these laws, and a stable political system
that maintains these institutions.
18. POLITICAL STABILITY, PROPERTY RIGHTS,
AND EXCESSIVE GOVERNMENT
INTERVENTION
o The law must say that your property is
yours, the courts and the police must be
honest, and the political system must be
stable.
o Many countries find that their economic
growth suffers due to corruption among
government officials who should be
enforcing the law.
19. POLITICAL STABILITY, PROPERTY RIGHTS,
AND EXCESSIVE GOVERNMENT
INTERVENTION
o Excessive government intervention can
be a brake on economic growth,
o If large parts of the economy are
supported by government subsidies,
protected from imports, or otherwise
insulated from competition, productivity
tends to suffer because of a lack of
incentives.
20. IS WORLD GROWTH SUSTAINABLE?
o Thomas Malthus warned that the
pressure of population growth would
tend to limit the standard of living.
o However, technological progress and
rapid accumulation of physical and
human capital have allowed the world to
defy the Malthusian pessimism.
21. IS WORLD GROWTH SUSTAINABLE?
o Will this always be the case? Some
skeptics express doubt about whether
long-run economic growth is sustainable-
whether it can continue in the face of
the limited supply of natural resources
and the impact of growth on the
environment.
22. NATURAL RESOURCES AND GROWTH,
REVISITED
o Differing views about the impact of the
limited natural resources on long-run
economic growth turn to the answers to
three questions:
o How large are the supplies of key natural
resources?
o This is mainly up to geologists to answer.
There is wide disagreement among the
experts, especially about the future oil
production.
23. NATURAL RESOURCES AND GROWTH,
REVISITED
o Differing views about the impact of the
limited natural resources on long-run
economic growth turn to the answers to
three questions:
1. How large are the supplies of key
natural resources?
This is mainly up to geologists to answer.
There is wide disagreement among the
experts, especially about the future oil
production.
24. NATURAL RESOURCES AND GROWTH,
REVISITED
2. How effective will technology be at
finding alternatives to natural
resources?
This answer will come from engineers.
There are many alternatives to the natural
resources currently being depleted, some
of which are already being exploited.
25. NATURAL RESOURCES AND GROWTH,
REVISITED
3. Can long-run economic growth continue
in the face of resource scarcity?
This question is mostly for economists.
Most of them are optimistic, as they believe
that modern economics can find ways to
work around limits on the supply of natural
resources.
26. NATURAL RESOURCES AND GROWTH,
REVISITED
o One reason for this optimism is the fact
that resource scarcity leads to high
resource prices, and these high prices in
turn provide strong incentives to
conserve the scarce resources and to
find alternatives.
27. NATURAL RESOURCES AND GROWTH,
REVISITED
o Given such responses to prices, economists
generally tend to see resource scarcity as a
problem that modern economies handle
fairly well, and not as a fundamental limit
to long-run economic growth.
o However, environmental issues pose a
more difficult problem because dealing
with them requires effective political
action.
28. ECONOMIC GROWTH AND THE ENVIRONMENT
o Economic growth, other things equal,
tends to increase the human impact on
the environment.
o However, countries can and do take
action to protect their environments.
29. ECONOMIC GROWTH AND THE ENVIRONMENT
o Despite several success stories, there is
widespread concern today about the
environmental impacts of continuing
economic growth, reflecting a change in
the scale of the problem, as these
success stories have involved dealing
with local impacts of economic growth.
30. ECONOMIC GROWTH AND THE ENVIRONMENT
o Today, we are faced with global
environmental issues- the adverse
impacts on the environment of the Earth
as a whole by worldwide economic
growth.
o The biggest of these issues involves the
impact of fossil-fuel consumption on the
world’s climate.
31. ECONOMIC GROWTH AND THE ENVIRONMENT
o This climate change that results in rising
temperatures may impose high human
and economic costs.
o So the emission of greenhouse gases is
clearly linked to economic growth.
o Historically, the wealthy nations have
been responsible for the bulk of these
emissions because they have consumed
far more energy per person than poorer
countries.
32. ECONOMIC GROWTH AND THE ENVIRONMENT
o However, the best available estimates
suggest that a large reduction in
emissions would require only a modest
reduction in the growth rate.
33. ECONOMIC GROWTH AND THE ENVIRONMENT
o There is broad consensus that
government action to address climate
change and greenhouse gases should be
in the form of market-based incentives,
like a carbon tax (a tax per unit of
carbon emitted) or a cap and trade
system (a cap on total amount of
emissions and producers must buy
licenses to emit greenhouse gases)
34. ECONOMIC GROWTH AND THE ENVIRONMENT
o This will also require rich and poor
nations to come to some agreement on
how the cost of emissions reductions will
be shared.
35. ECONOMIC GROWTH AND THE ENVIRONMENT
o So the general moral of this story is that
it is possible to reconcile long-run
economic growth with environmental
protection.
o The main question is one of getting
political consensus around the necessary
policies.