Infrastructure-based Development
Infrastructure-based economic development, also called infrastructure-driven development, combines key policy characteristics inherited from the Franklin D. Roosevelt, Rooseveltian Progressivism in the United States, progressive tradition and neo-Keynesian economics in the United States, France's Gaullist and neo-Colbertism, Colbertist indicative planning, Nordic model, Scandinavian social democracy as well as Singaporean and People's Republic of China, Chinese state capitalism: it holds that a substantial proportion of a nation’s resources must be systematically directed towards long term assets such as transportation, energy and social infrastructure (schools, universities, hospitals) in the name of long term economic efficiency (stimulating growth in economically lagging regions and fostering technological innovation) and social equity (providing free education and affordable healthcare). While the benefits of infrastructure-based development can be debated, the analysis of U ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Franklin D
Franklin may refer to: People and characters * Franklin (given name), including list of people and characters with the name * Franklin (surname), including list of people and characters with the name * Franklin (class), a member of a historical English social class Places * Franklin (crater), a lunar impact crater * Franklin County (other), in a number of countries * Mount Franklin (other), including Franklin Mountain Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral division in Tasmania * Division of Franklin (state), state electoral division in Tasmania * Franklin, Australian Capital Territory, a suburb in the Canberra district of Gungahlin * Franklin River, river of Tasmania * Franklin Sound, waterway of Tasmania Canada * District of Franklin, a former district of the Northwest Territories * Franklin, Quebec, a municipality in the Montérégie region * Rural Municipality of Franklin, Manitoba * Franklin, Manitoba, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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High Speed Rail
High-speed rail (HSR) is a type of rail transport network utilising trains that run significantly faster than those of traditional rail, using an integrated system of specialised rolling stock and dedicated tracks. While there is no single definition or standard that applies worldwide, lines built to handle speeds of at least or upgraded lines of at least are generally considered to be high-speed. The first high-speed rail system, the Tōkaidō Shinkansen, began operations in Honshu, Japan, in 1964. Due to the streamlined spitzer-shaped nose cone of the trains, the system also became known by its English nickname bullet train. Japan's example was followed by several European countries, initially in Italy with the Direttissima line, followed shortly thereafter by France, Germany, and Spain. Today, much of Europe has an extensive network with numerous international connections. Construction since the 21st century has led to China taking a leading role in high-speed rail. , ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Realpolitik
''Realpolitik'' ( ; ) is the approach of conducting diplomatic or political policies based primarily on considerations of given circumstances and factors, rather than strictly following ideological, moral, or ethical premises. In this respect, it shares aspects of its philosophical approach with those of realism and pragmatism. While generally used as a positive or neutral term, ''Realpolitik'' has been also used pejoratively to imply policies that are perceived as being coercive, amoral, or Machiavellian. Prominent proponents of ''Realpolitik'' include Otto von Bismarck, Henry Kissinger, George H.W. Bush, George F. Kennan, Zbigniew Brzezinski, Hans-Dietrich Genscher, Deng Xiaoping, Charles de Gaulle, and Lee Kuan Yew. The opposite of ''Realpolitik'' is '' Idealpolitik''. Etymology The term ''Realpolitik'' was coined by Ludwig von Rochau, a German writer and politician in the 19th century. His 1853 book ''Grundsätze der Realpolitik angewendet auf die staatlichen Zust ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Economic Surplus
In mainstream economics, economic surplus, also known as total welfare or total social welfare or Marshallian surplus (after Alfred Marshall), is either of two related quantities: * Consumer surplus, or consumers' surplus, is the monetary gain obtained by consumers because they are able to purchase a product for a price that is less than the highest price that they would be willing to pay. * Producer surplus, or producers' surplus, is the amount that producers benefit by selling at a market price that is higher than the least that they would be willing to sell for; this is roughly equal to profit (since producers are not normally willing to sell at a loss and are normally indifferent to selling at a break-even price). The sum of consumer and producer surplus is sometimes known as social surplus or total surplus; a decrease in that total from inefficiencies is called deadweight loss. Overview In the mid-19th century, engineer Jules Dupuit first propounded the concept of e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shane Greenstein
Shane Greenstein is an American economist. He is the Martin Marshall Professor of Business Administration at the Harvard Business School. He is the author of two books and the co-editor of three. He has published research about Wikipedia. Education Greenstein received his BA from University of California at Berkeley in 1983, and his PhD from Stanford University in 1989, both in economics. He held a post-doctoral fellowship at the Stanford Institute for Economic Policy Research at Stanford in 1989. Career Greenstein is a leading researcher in the business economics of computing, communications and Internet infrastructure. His research and writing focus on a variety of topics in this area, including the adoption of client-server systems, the growth of commercial Internet access networks, the industrial economics of platforms, and changes in communications policy. Over a twenty-five-year career he has written and edited eight books, and published over one hundred refereed jou ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Simultaneity
Simultaneity may refer to: * Relativity of simultaneity, a concept in special relativity. * Simultaneity (music), more than one complete musical texture occurring at the same time, rather than in succession * Simultaneity, a concept in Endogeneity See also * Non-simultaneity *Diversity factor In the context of electricity, the diversity factor is the ratio of the sum of the individual non-coincident maximum loads of various subdivisions of the system to the maximum demand of the complete system. : f_\text = \frac The diversity factor ..., or simultaneity factor * Time Structured Mapping {{disambiguation ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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OECD
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, world trade. It is a forum (legal), forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are generally regarded as developed country, developed countries, with High-income economy, high-income economies, and a very high Human Development Index. their collective population is 1.38 billion people with an average life expectancy of 80 years and a median age of 40, against a global average of 30. , OECD Member countries collectively comprised 62.2% of list of countries by GDP (nominal), global nom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Edward Gramlich
Edward M. Gramlich (June 18, 1939 – September 5, 2007) was an American economist who served as a member of the Federal Reserve Board of Governors from 1997 to 2005. Gramlich was also an acting director of the Congressional Budget Office. Gramlich graduated from Williams College in 1961 and received a master's degree in 1962 and a Ph.D. in economics in 1965 from Yale University. He joined the Federal Reserve as a research economist from 1965 to 1970, and was a senior fellow at the Brookings Institution from 1973 to 1976. He then taught economics and public policy at the University of Michigan from 1976 to 1997, including a term as dean of the Gerald R. Ford School of Public Policy, and returned to Michigan as a professor in 2005. Biography He was appointed to the Federal Reserve System by President Bill Clinton in 1997 and resigned in August 2005. For much of his term, he was the chair of the Board's Committee on Consumer and Community Affairs. He was also the chairman of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Union Pacific Railroad
The Union Pacific Railroad is a Railroad classes, Class I freight-hauling railroad that operates 8,300 locomotives over routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second largest railroad in the United States after BNSF Railway, BNSF, with which it shares a duopoly on transcontinental freight rail lines in the Western United States, Western, Midwestern United States, Midwestern and West South Central states, West South Central United States. Founded in 1862, the original Union Pacific Rail Road was part of the first transcontinental railroad project, later known as the Overland Route (Union Pacific Railroad), Overland Route. Over the next century, UP absorbed the Missouri Pacific Railroad, the Western Pacific Railroad, the Missouri–Kansas–Texas Railroad and the Chicago, Rock Island and Pacific Railroad. In 1995, the Union Pacific merged with Chicago and North Western Transportation Company, completing its reach into the Upper Midwest. In ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cross-sectional Study
In statistics and econometrics, cross-sectional data is a type of data collected by observing many subjects (such as individuals, firms, countries, or regions) at a single point or period of time. Analysis of cross-sectional data usually consists of comparing the differences among selected subjects, typically with no regard to differences in time. For example, if we want to measure current obesity levels in a population, we could draw a sample of 1,000 people randomly from that population (also known as a cross section of that population), measure their weight and height, and calculate what percentage of that sample is categorized as obese. This cross-sectional sample provides us with a snapshot of that population, at that one point in time. Note that we do not know based on one cross-sectional sample if obesity is increasing or decreasing; we can only describe the current proportion. Cross-sectional data differs from ''time series'' data, in which the same small-scale or aggreg ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |