... underlying identity and the estimated biased coefficients may actually be predicted in advance (McCombie, 2000-2001, Felipe, 2001a). The purpose of this paper is to provide a survey of the main elements of this critique and also to consider some counter-criticisms which have been made. We conclude that the latter leave the central tenet unaffected. The Cobb-Douglas Production Function and the ... in the original). Why Has the Critique been so Widely Ignored? There is little doubt that the critique is either largely ignored or generally seems to be unknown. From a search of the literatu...

• Word Count: 11086
• Approx Pages: 44
• Has Bibliography
• Grade Level: Undergraduate

... and socially. Therefore, there is a need to move beyond the antiquated thinking in terms of the Euro-centric development and modernity. Jan Pieterse offers his criticism of post-development as "flawed premises" on their positions. In breaking down the component elements of post-development, he questions whether this perspective is truly fruitful and tenable. While he acquiesces ... call to alternatives to development. Rather than disavowing aims to improve or ameliorate the livelihoods of people, what post-development thinkers mean is the rejection of what Matthews calls the post-World W...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate

... the consumer is driving the changes. In this section I have attempted to outline the logic that lies behind the macro elements of The Globalisation Story. What the macro literature leaves us with are the following impressions: that "globalisation" is something that exists independently of any conversation about it, and has the capacity to force change on markets, nations, and firms; that the "solution" to ... Australia's case). The imaginary that is The Globalisation Story forms the justificatory framework for a host of actions by states, institutions, and individuals. I shall look at t...

• Word Count: 5164
• Approx Pages: 21
• Grade Level: Undergraduate

... , more than ever, we see a conflicting set of pressures toward globalisation and localization, which has been coupled with a shift in perspective from economic theory to business theory. It is this notion that underlies in Porter's literature on the competitive advantage of nations. The following paragraphs, 90 years apart, discuss the nature of a cluster, the subject which is the underlying focus ... of this paper. British auctioneers are all within a few blocks in London. Basel is the home base for ... with others, without sacrificing its flexibility- (Porter, 1998a, p. 81). The role o...

• Word Count: 4507
• Approx Pages: 18
• Has Bibliography
• Grade Level: Undergraduate

... advanced economies. Around the world, unemployment or the threat of it remains one of the main challenges to long-term social sustainability. Indeed, the experience of recent years has underscored social sustainability as key to longer-term competitiveness, and thus to sustainable growth. Against this challenge, one of the elements gaining in importance in fostering countries' competitiveness is education. ... A perception is growing that educational systems in many countries could better respond to the needs of labor markets, help economies to avoid skills gaps, and ensure that adequat...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate

... : running out on routing lines unregistered vehicles, the discrepancy quantity of unpermitted vehicles and really working vehicles on routing lines, incomplete display of vehicle quantity in official daily reports, undeclared incomes of the chiefs of auto organizations and operators of lines etc. In UPPVT as well as in many other spheres of economy of Republic of Armenia (RA) are elements of corruption. Enough mentioning, that state and political authoritatives in ... been carried out by authorities and the results of interrogations, carried out directly by authors. 4. Methodology of res...

• Word Count: 3271
• Approx Pages: 13
• Has Bibliography

During the 1990s, literature on the international political economy was dominated by the idea of globalization. Dramatic decreases in transport costs and the rise of fast and cheap telecommunications technology have made geography less relevant and facilitated massive increases in global trade and new forms of multinational production. Whether or not such developments are good or bad is a topic of ongoing political debate. Some argue ... how resources were used, arguing that they had a right to self-governed development. Many aimed to produce an industrialized economy but in a way that was st...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate