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1 - 5 van 5 voor sustainable promise
Microsoft Word - cpbdoc_tang.doc
... populations than developed countries. especially fast-growing countries in asia may offer investment opportunities that promise a good rate of return. developed countries can thus invest their excess savings in developing ... turn current policies unsustainable in the long run. as a way to arrive at a sustainable path of public finances, van ewijk et al. (2000) show that a relatively mild increase ...
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L:\...\cpb_discussion1 .w [PFP#711495169]
... ). this new or endogenous growth theory is obviously better suited for modelling issues related to sustainable development since the question whether growth can be sustained is central in this theory (cf ... of view, credibility or time-consistency problems may arise. the problem here is that the promise of future strict policy does not induce the desired change in actual behaviour since the ...
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rhineland-exit.pdf
... rhineland versus utopia is therefore primarily an issue of morality and political ideology. utopia is sustainable only if the political ideology and rhetoric support a long-run commitment to the position ... workers might be willing to accept an agreement with a higher starting wage and to promise not to take a firm's future profits in good states; only by accepting such ...
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Microsoft Word - discussion138.doc
... the technological gap between the frontier country and the laggard would represent a great promise' for the latter (a potential for higher growth through imitating frontier technologies), there were ... others providing an overall positive impact on a country or region's competitiveness and sustainable growth path. by contrast it interactions between the four constituents that the systemic failures ...
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Microsoft Word - discussion_huizinga_newfig2.doc
... wage push and labour productivity. the central argument in the analysis is that equilibrium or sustainable wage level is determined by technological conditions and the required return to capital. the latter ... or reverse this process by promising to moderate wages, but that is not enough. the promise has to be credible. this credibility cannot be created by a contract, because such a ...
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