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For almost a century, the famous C-K paradigm (formally known as Classics – Keynesian Paradigm) has been the apex of economic debate and research. The paradigm represents two schools of thoughts which, somehow, have prevailed till now. Economists who believe in either of the two schools have...
Persistent link: https://www.econbiz.de/10011259384
The number of road traffic casualties is still very lofty and the trend shows a boost with each passing day. The road traffic accidents involve fatalities due to which economic resources are damaged and the productivity of the economy is correspondingly impaired. Costs resulting from traffic...
Persistent link: https://www.econbiz.de/10011107393
Culture can now be used as an instrument for sustainable economic growth and developmental instrument of cities. By reorganizing the socio-economic fiber of cities and using cultural activities for economic growth, we can drive these cities towards sustainable development. This was successfully...
Persistent link: https://www.econbiz.de/10011108140
While the 18th Century economics is generally characterized by economic philosophy of Adam's Smith, its effects could not fully reach the tribal region of Pakistan. This region has a centuries old history. Far from the modern world, people living in these tribal areas had their own rules of...
Persistent link: https://www.econbiz.de/10011108334
Utility, Rationality and Methodological Individualism (URMI) are the dominant aspects which determine the paradigm of ethics applicable in economic decision making process. Generally, in traditional economics the decision-making process for individuals has no significant space for ethics as...
Persistent link: https://www.econbiz.de/10011108686
The number of road traffic casualties is still very lofty and the trend shows a boost with each passing day. The road traffic accidents involve fatalities due to which economic resources are damaged and the productivity of the economy is correspondingly impaired. Costs resulting from traffic...
Persistent link: https://www.econbiz.de/10011114075
Selection of promising site for construction project is essential since it has strong linkage with service life of the project. Recent fast developments in construction technology demands a matching method for finding economic suitability since it has a strong connection with overall suitability...
Persistent link: https://www.econbiz.de/10011257821
Liberia has been the victim of 14 years of civil war due to which GDP experienced a downfall by over 90% making the economic growth process halted. This paper traces the extent of Liberia’s collapse, and examines the patterns of post-conflict recovery as a model which can be followed by other...
Persistent link: https://www.econbiz.de/10011258475
Investment in long lived projects such as buildings are characterized by uncertainties regarding project life, operation and maintenance costs, revenues and other factors that affect project economics. Since the exact values of these variable factors are usually unknown, it is difficult to make...
Persistent link: https://www.econbiz.de/10011258502
Persistent link: https://www.econbiz.de/10011606814