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Page "Biotechnology" ¶ 21
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investment and economic
The goal is to enlist all available economic resources in the industrialized Free World, especially private investment capital.
This sum spent for foreign economic aid, the peace corps, food for peace, or any other program to solve the problems of the underdeveloped countries would be an investment that would pay off in world peace, increased world trade, and prosperity for every country on the globe.
As " cultural investors ," publishers rely on the editor position to identify a good investment in " cultural capital " which may grow to yield economic capital across all positions.
A large injection of external investment from both private and public sources has alleviated the economic difficulties of the early 1990s caused by global recession and persistently low commodity prices ( although the latter continues to affect the economy ).
Low productivity and competitiveness on the European and world markets alike due to inadequate R & D funding and a lack of a clearly defined development policy remain a significant obstacle for foreign investment and economic growth.
Successful foreign direct investment and successive governments have demonstrated a commitment to economic reforms and responsible fiscal planning have contributed greatly to the Bulgarian economy, with a historical growth rate average of 6 % a year.
In 2006, the primary economic concerns focused on: high national debt ($ 9 trillion ), high non-bank corporate debt ($ 9 trillion ), high mortgage debt ($ 9 trillion ), high financial institution debt ($ 12 trillion ), high unfunded Medicare liability ($ 30 trillion ), high unfunded Social Security liability ($ 12 trillion ), high external debt ( amount owed to foreign lenders ) and a serious deterioration in the United States net international investment position ( NIIP ) (- 24 % of GDP ), high trade deficits, and a rise in illegal immigration.
The Cayman Island Investment Bureau, a government agency, has been established with the mandate of promoting investment and economic development in the territory.
An economic depression that had begun in 1967 peaked in 1972, exacerbated by capital flight, plummeting private investment, and withdrawal of bank deposits in response to Allende's socialist program.
Beyond its general economic and political stability, the government has also encouraged the use of Chile as an " investment platform " for multinational corporations planning to operate in the region, but this will have limited value given the developing business climate in Chile itself.
Further minimizing reliance on a single major partner, successive Czech governments have welcomed U. S. investment ( amongst others ) as a counterbalance to the strong economic influence of Western European partners, especially of their powerful neighbour, Germany.
A planned economy is an economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a government agency.
The justification for central planning is that the consolidation of economic resources can allow for the economy to take advantage of more perfect information when making decisions regarding investment and production.
Consumer demand can be restrained in favor of greater capital investment for economic development in a desired pattern.
Poor infrastructure, an uncertain legal framework, corruption, and lack of openness in government economic policy and financial operations remain a brake on investment and growth.
The OCP will double Ecuador's oil transport capacity, but Ecuador will need to attract additional foreign investment to realize the full economic potential of the added capacity.
The United States and Ecuador have maintained close ties based on mutual interests in maintaining democratic institutions ; combating cannabis and cocaine ; building trade, investment, and financial ties ; cooperating in fostering Ecuador's economic development ; and participating in inter-American organizations.
Under comprehensive economic reforms initiated in 1991, Egypt has relaxed many price controls, reduced subsidies, reduced inflation, cut taxes, and partially liberalized trade and investment.
The United States and Ecuador have maintained close ties based on mutual interests in maintaining democratic institutions ; combating cannabis and cocaine ; building trade, investment, and financial ties ; cooperating in fostering Ecuador's economic development ; and participating in inter-American organizations.
In 1932, Hayek suggested that private investment in the public markets was a better road to wealth and economic coordination in Britain than government spending programs, as argued in a letter he co-signed with Lionel Robbins and others in an exchange of letters with John Maynard Keynes in The Times.
In order to reverse the steady economic decline under Touré's rule, the CMRN reorganized the judicial system, decentralized the administration, promoted private enterprise, and encouraged foreign investment
The government revised the private investment code in 1998 to stimulate economic activity in the spirit of a free enterprise.
The United States also welcomed the Hoyte government's economic reform and efforts, which stimulated investment and growth.
Technology flourished ; there was investment in economic infrastructure, such as irrigation systems and canals ; and the importance of reading the Qur ' an produced a comparatively high level of literacy in the general populace.

investment and output
With LAFTA in place existing productive capacity could be used more fully to supply regional needs, industries could reduce costs as a result of potential economies through expanded output and regional specialization, and attraction to new investment occurred as a result of the regional market area.
Thanks to a large amount of copper resources, progressive legislation and a healthy investment environment, Chile has become the copper mining capital of the world, producing over 1 / 3 of the global copper output.
This is contrasted with the concept of a centrally planned, or command economy, where most of the economy is planned by a central government authority, and organized along a top-down administration where decisions regarding investment, production output requirements are decided upon by planners from the top, or near the top, of the chain of command.
Such aggregates include national income and output, the unemployment rate, and price inflation and subaggregates like total consumption and investment spending and their components.
Macroeconomists develop models that explain the relationship between such factors as national income, output, consumption, unemployment, inflation, savings, investment, international trade and international finance.
Several regression studies with David Meiselman during the 1960s suggested the primacy of the money supply over investment and government spending in determining consumption and output.
Therefore, in industries with large initial investment requirements, average total cost declines as output increases over a much larger range of output levels.
The more market-oriented approach reduced inefficiencies and stimulated private investment, particularly by farmers, that led to increased productivity and output.
By 1998, however, output of copper had fallen to a low of 228, 000 tonnes, continuing a 30-year decline in output due to lack of investment, and until recently, low copper prices and uncertainty over privatization.
Considered by some economists to be a rare and extreme form of recession, a depression is characterized by its length ; by abnormally large increases in unemployment ; falls in the availability of credit, often due to some kind of banking or financial crisis ; shrinking output as buyers dry up and suppliers cut back on production and investment ; large number of bankruptcies including sovereign debt defaults ; significantly reduced amounts of trade and commerce, especially international ; as well as highly volatile relative currency value fluctuations, most often due to devaluations.
Therefore, a temporary surge of infrastructure investment yields an expansion of output, and vice versa that dwindling infrastructure, like in the 1970s, hamper longer-term movement in productivity.
Thus, human capital is a means of production, into which additional investment yields additional output.
The initials IS stand for " Investment and Saving equilibrium " but since 1937 have been used to represent the locus of all equilibria where total spending ( consumer spending + planned private investment + government purchases + net exports ) equals an economy's total output ( equivalent to real income, Y, or GDP ).
By the above hypothesis, the graph indicates one of the major criticisms of deficit spending as a way to stimulate the economy: rising interest rates lead to crowding out – i. e., discouragement – of private fixed investment, which in turn may hurt long-term growth of the supply side ( potential output ).
Further, if government deficits are spent on productive public investment ( e. g., infrastructure or public health ) that directly and eventually raises potential output, although not necessarily as much as the lost private investment might have.
In measures of national income and output, " gross investment " ( represented by the variable < var style =" font-family: serif ; font-size: 1. 1em ;"> I </ var >) is also a component of gross domestic product (< var > GDP </ var >), given in the formula < var > GDP </ var >
The facility is expected to be financed by private investment, and is proposed to have a maximum output of 8 megawatts, with a projected yearly output of 23, 000 megawatt-hours.
He continues that " a higher growth rate in output, other things remaining the same, would enable the industry to attain a higher rate of technological progress ( since more investment would be made ) and create a situation in which the constituent firms could take greater advantage of scale economies ;" it is believed that ISI will allow this ( Goldar 148 ).
The first, already referred to, was that the demand for labor in the new activities was growing more slowly than the rates of growth of output and investment had led most observers to expect.
In 1983, the OECD published the results of an extensive survey of appropriate technology organizations titled, The World of Appropriate Technology, in which it defined appropriate technology as characterized by " low investment cost per work-place, low capital investment per unit of output, organizational simplicity, high adaptability to a particular social or cultural environment, sparing use of natural resources, low cost of final product or high potential for employment.

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