The costs of not dealing with disease in tropical countries go far beyond higher healthcare expenses and reduced worker productivity. Disease can no longer be considered a mere public health problem, but a socioeconomic development issue that affects everything from trade flows to migration patterns. The 1991 cholera outbreak in Peru cost the country’s fishing sector nearly $800 million in lost revenues because of a temporary ban on seafood exports. The 1994 plague outbreak in Surat, India, prompted 500,000 people to move from the region and led to work stoppages across several industries, as well as new restrictions on international trade. Estimates of the cost India bore for this plague reach $2 billion.
© 2017 University of South Alabama
Gordon has suggestions for promoting faster economic growth too, like increasing immigration and investing in universal pre kindergarten education, but his fundamental observation is that no matter what we do, economic growth is dependent on technological growth, and we can’t expect an industrial revolution every century as if it were clockwork.
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been ...
Many European companies that went for a cross-listing in New York (ADR = American Depositary Receipts) have found that their exchange volumes in New York are very low, and no longer even cover the fixed costs of listing. Which companies were ADRs a success for and which a failure? Why? See chapter 26 of the Vernimmen.
Here are the numbers: So far a total of twenty-three-thousand stores (I spelled it out to give you appropriate pause as to the enormity) are already scheduled for closure in 2017 and 2018. Those are numbers that will not be turned back, even if Trump’s plans do make it through congress. The legal work has already been drafted and the plywood for the windows is already being shipped.