The Economic Issues series was inaugurated in September 1996. Its aim is to make accessible to a broad readership of nonspecialists some of the economic research being produced in the International Monetary Fund on topical issues. The raw material of the series is drawn mainly from IMF Working Papers, technical papers produced by Fund staff members and visiting scholars, as well as from policy-related research papers. This material is refined for the general readership by editing and partial redrafting.
leading issues in economic development 8th edition pdf
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The collapse of the Soviet Union in about 1990, after years of apparent economic success, caught most people by surprise. This collapse seemed to lend credence to the "extensive growth hypothesis," which argues that the Soviet Union, after many decades of extensive growth, ran into the inevitable diminishing returns effect, just as predicted in the growth accounting framework, because it had relied for its economic growth on a massive accumulation of capital and labor and had been slow to accept innovative technology. These developments in the economy of the Soviet Union served to raise concerns about other economies, including some East Asian countries, that have invested primarily in labor and capital rather than in technology over the past few decades. Krugman (1994) makes the comparison specific:The newly industrializing countries of Asia, like the Soviet Union of the 1950s, have achieved rapid growth in large part through an astonishing mobilization of resources. Once one accounts for the role of rapidly growing inputs in these countries' growth, one finds little left to explain. Asian growth, like that of the Soviet Union in its high-growth era, seems to be driven by extraordinary growth in inputs like labor and capital rather than by gains in efficiency.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides the Economic Development Administration (EDA) with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to coronavirus.
Supports local organizations (Economic Development Districts, Indian Tribes, and other eligible areas) with short and long-term planning efforts. The Comprehensive Economic Development Strategy (CEDS) Content Guidelines, provides suggestions, tools, and resources for developing comprehensive economic development strategies
SPRINT Challenge awardees are leading projects that address the economic, health, and safety risks caused by the coronavirus pandemic through regional innovation and supporting the growth of scalable, technology-driven businesses. This national competition was designed to support the development, creation, or expansion of programs that accelerate technology-based economic development and respond to the challenges caused by the coronavirus pandemic.
The activities of the informal sector regard the degree of formalization, from unorganized individuals in dumpsites, to well organized cooperatives. Therefore, issues such as exploitation by middlemen, child labor and high occupational health risks need to be challenged for addressing sustainability [144]. Globally, SWM remains a negative economy, where individual citizens pay the cost, the financial viability of recycling is disputed, and the sector remains vulnerable to great price volatility. Most of the collection systems in developed countries are subsidized, and also result in substantial exports of recyclables in global secondary resources supply chains. Moreover, if taxes, health insurance, child schooling and training provisions, management costs and other typical costs are included within the informal waste sector, it is not clear if the sector come back to being unsustainable economically [144].
The Investing in Manufacturing Communities Partnership (IMCP) program is an initiative designed to revolutionize the way federal agencies leverage economic development funds. It encourages communities to develop comprehensive economic development strategies that will strengthen their competitive edge for attracting global manufacturer and supply chain investments. 2ff7e9595c
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