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The rate of return on investment is roughly constant over long periods of time; There are appreciable variations (2 to 5 percent) in the rate of growth of labor productivity and of total output among countries. Kaldor did not claim that any of these quantities would be constant at all times; on the contrary, growth rates and income shares ...
Employment and GDP growth slowed relative to the previous two expansions. April 1958– April 1960 24 +3.6% +5.6%: A brief, two-year period of expansion occurred between 1958 and 1960, followed by another monetary recession in 1960. Feb 1961– Dec 1969 106 +3.3% +4.9%: A long expansionary period began in 1961.
Strategic growth platforms usually take from 3 to 6 years to implement and give the desired results being long term initiatives. On the other hand, Tactical growth platforms take less time to implement as they are shorter term initiatives and both the initiative and the results are based on the current budget year of the particular business. [2]
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In sociology, the post-industrial society is the stage of society's development when the service sector generates more wealth than the manufacturing sector of the economy. The term was originated by Alain Touraine and is closely related to similar sociological theoretical concepts such as post-Fordism , information society , knowledge economy ...
Economic stagnation is a prolonged period of slow economic growth (traditionally measured in terms of the GDP growth), usually accompanied by high unemployment. Under some definitions, slow means significantly slower than potential growth as estimated by macroeconomists, even though the growth rate may be nominally higher than in other countries not experiencing economic stagnation.
The long cycle, according to Dr. Dan Cox, is a period of time lasting approximately 70 to 100 years. At the end of that period, "the title of most powerful nation in the world switches hands." [15] Modelski divides the long cycle into four phases. When periods of global war, which could last as much as one-fourth of the total long cycle, are ...
It is a period of economic growth as measured (for example) by a rise in real GDP. [1] [failed verification] [2] The explanation of fluctuations in aggregate economic activity between economic expansions and contractions ("booms" and "busts" within the "business cycle") is one of the primary concerns of macroeconomics. [3]