Essays on Productivity Growth

Abstract

The current government has consistently been trying to reduce the costs of healthcare and at the same time improve its quality. This paper focuses on the current state of healthcare through an extensive research on the population. The research uses a cross sectional design to collect data and come up with relevant conclusions. The research project aimed at using a homogenous population to come up with accurate results. Such a population involves participants who have the same knowledge about the subject. Such participants are easily obtained through a referral process where one participant refers another. A total of 50 ...

Introduction

It is imperative to note that productivity growth is an aspect that is often used by economists to gauge the performance of an economy. In evaluating the living standards of a country in the long-term, the efficiency with which capital and labor are combined has a significant role to play. However, it is worth noting that productivity alone cannot be relied on to measure the performance of an economy as it is inefficient. The concept has made most analysts to focus on other features such as labor productivity, a figure that is often arrived at by dividing the total ...

Background to study

Various factors contribute to increased health care costs, which include inefficient use of medical advancement, improper payment system, the high cost of health care services, and failure to align the health care objectives of the facilities with those of national government. The rationale behind improving the sector is that it provides diverse opportunities for everyone to engage in healthy lifestyles. Scholars such as Frank-Lightfoot & Davis (2016) have linked effective control of the health care costs with better health outcomes. For instance, in the U.S, the health care spending has increased rapidly over the past century, yet the quality of ...

India’s Economy and Population

Introduction India exists as a peninsula in South Asia and it is surrounded by various water bodies like the Indian Ocean and the Arabian Sea. The neighboring countries along the Indian border are China, Pakistan, Nepal, Burma, and Bhutan. The land size of the country is approximately 3,287,263 sq.km, and it is ranked 7th among the largest countries in the world (India Location para 2). India’s population is 1.33 billion, and 50% of this population comprises people aged below 25 years. The number of males is slightly higher than females, where sex ratio between males and ...

IT Business in Russia

Information Technology (IT) is a means of creating, processing, storing, securing and exchanging electronic data through the use of devices such as computers and networking (Bigelow, 2015). Information technology can be generally defined as a set of tools or systems used in sending, storing, and retrieving data. An IT system is the key driver of the productivity growth in Russia that allows the transformation of business applications and processes, which improves the effectiveness of nation’s business organizations. However, there are several factors that hinder the development of information technology structures in Russia that come under the influence of ...

I.T Business in Russia

Information technology can be generally defined as a set of tools or systems used in sending, storing, and retrieving data. Information technology system is greatly considered as the key driver of the productivity growth in Russia that allows the transformation of business applications and processes, which improves the effectiveness of nation’s business organizations. However, there are several factors that hinder the development of information technology structures in Russia that come under the influence of the government, nature as well as the individual I.T experts. Hence, this paper will address the various factors that make ...

Financialization is the process by which financial institutions increase in size and influence on the overall economy by strengthening the country’s financial sector. The process occurs in countries that are perceived to have shifted their economies from industrial capitalism. It has been occurring in the United States and other parts of the world since the 1970s. The process has affected both the macro economy and the micro-economy by changing the manner in which financial institutions are structured and operate in the entire economy. The United States has experienced high levels of financialization through the loss of manufacturing and ...

Slide 1

Marketing: Disney Expansion in Mexico City Mexico City is one of the biggest and important cities in the world, home of almost 20 million populations. Mexico is locally known as Ciudad de México encompassed the Federal District or Distrito Federal, Mexico City D. F. A market expansion contributes to productivity growth . Disney expansion is relative to the previous successes of the company that demonstrate the ability to adapt new place or location, and the significance of finding target market. The flexibility of the Disney Company is one of the advantages to achieve excellent results and its ...

Changing Context of Work

1: Herod, A. and Aguiar, L. 2006. Cleaners and the Dirty Work of Neo-liberalism. Antipode, OX4 (2DQ), pp. 425 - 433. In the political-economic realm, the past two decades or so have been dominated by two words: neo-liberalism and globalization. According to this article, janitors and cleaners are among the occupations that endure the most probabilities of enduring injuries. The article has further analyzed research done in the US and Australia which indicates that this category of workers are ranked as the fifth going by the possibilities of enduring injuries. Despite to this, they are also victims of ...

Changing Context of Work

1: Herod, A. and Aguiar, L. 2006. Cleaners and the Dirty Work of Neo-liberalism. Antipode, OX4 (2DQ), pp. 425 - 433. The work of a cleaner has been featured in many Hollywood movies and the most common one being Maid in Manhattan. While these movies indicate that cleaners and janitors can possibly integrate with the rich, cleaners are actually fifth in ranking of occupations that endure most probabilities of injuries. This has been recorded in Australia and the US. Janitors and cleaners endure harsh conditions and low pay as well. With neo-liberalization, government regulations on workplace have undermined protection ...

The debate of whether offshore outsourcing of services weakens the US economy or strengthens it has drawn various opinions. Some believe that it drains away jobs and investment thus should be abolished, while others look at it as a cost-cutting approach that should be encouraged. In economic terms, offshore outsourcing is tricky and presents a win-lose situation, and not the conventional win-win situation as framed by the economic theory equations. There are winners and losers! The individual companies and the economy at large benefits while the workers who watch as their jobs are shipped overseas lose greatly. The benefits are hard ...

Entrepreneur Character

An entrepreneur is a person who undertakes an innovation in economics and business expertise in an effort to change modernism into financial goods. Entrepreneurship results in invigorating an organization or may result into a new association. Currently, the most common type of entrepreneurship involves starting a new business which includes the political and social forms of free enterprise activity (Hess 93). The main source of finance available to an entrepreneur is personal saving, bank loan, family and friends and credit cards. The entrepreneurship actions are significantly different depending on the inventiveness and organization concerned. They range from small projects to higher project ...