Technological convergence

breakeven investment—in other terms the sum of depreciation, growth rate, and technological progress times capital. The equation can be depicted as Δk = sf(k) - (훿+n+g)k. Mankiw explains how all the variables work together, to achieve a steady state that can explain balanced growth and conditional convergence. He also proposes some policies that will promote economic growth in the long run dealing with saving, investment, technological progress, and reduction of government intervention that I…

1. Introduction The purpose of this essay is to evaluate arguments related to the claim that foreign direct investment (FDI) stimulates economic development. The essay consists of two portion. First, theories relating to the link between FDI and economic development have been considered. Second, the empirical evidence pertaining to the FDI-economic development link have been evaluated. The conclusion provides an evidence-based answer to the question of whether FDI is linked to economic…

Is life a simulation? People say life is a mystery and is not susceptible to anything except for death. Most say that there is even life after death. But what if all of that was just futile. That we were not even real. That we are just a dream or a simulation of some other world. This is the topic that could make most confused or skeptical and make some question our very existence. Are we real? Do we have free will? Is life a simulation? Almost nothing today can run such a sophisticated program…

INTRODUCTION The purpose of this report is analysis how J-Sainsbury’s is affected as a business for. Firstly, PESTEL ANALYSIS covering the political, socio cultural and technological factors. Secondly, give a briefly outline about the key business operation of Sainsbury and describe the way as Sainsbury offer a better customer service in terns of price and quality. Finally, explanation how globalization has influenced Sainsbury as a business and in the role of line manager in people management…

The criminal justice system is comprised of three sections law enforcement, the courts, and corrections. In this essay, the law enforcement trends, past, present and future will be examined and the budgetary and managerial effects on future trends of the entire criminal justice system will be explored. A philosophy of the past was community policing, this trend brought community partnership, organizational transformation and problem solving to law enforcement. Additionally, a present trend is…

Innovation strategy is an arrangement made by an association to empower advancements in technology and services, more often than not by putting resources into innovative work exercises. It is another system for dissecting diverse procedures of technological innovation that is presented. The system thinks about the item advancement accentuation to the procedure development accentuation by utilizing market center as an interceding variable. To stay aware of rivalry, organizations need to make new…

Thomas L. Friedman in his book titled, “The World Is Flat” does not give a speculative preview of the wonders that are to come in our lifetime. But rather to get us caught on the wonders that are already here. That is, his view is that the world is not going to be flat; rather, it is already flat. In an own opinion, what he means by “flat” is the connectedness. For instance, the lowering of trade and political barriers together with the exponential technical developments made up of the…

Has technology compromised our sexual and social life? As technology has become an integral part of our lives, people start questioning whether or not we are too addicted to it that we could give up our social life. A survey conducted by Sachs media group in 2013 shows that majority of respondents would not give up their smartphone for a week, given the choice among sex, smartphone, alcohol and caffeine (Sachs media group, 2013). The statistics presented through the infographic “What Won’t We…

personal life. Among the factors that have undergone some considerable changes is the way political communication is carried out throughout postwar years and up until today. Following the general modernization of society, the emergence of advanced technological means of distributing information, the pivotal role of media in politics and primarily the advent of the World Wide Web and its major impact on society, political communication strived to abide to the fast-paced shifts that marked the…

In the third chapter (“Technology”) of his book, Building a Bridge to the Eighteenth Century, Neil Postman analyzes how progress is defined and how it can result in corruption. Postman also ponders the relationship between moral progress and technological advancements. In the first few pages of the chapter, Postman explains that by the close of the nineteenth century, progress was still thriving, individuals were moving towards…