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ArtikelCurrent Conditions and Future Economic Growth : The Potential of Technology and Education  
Oleh: Minehan, Cathy E.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: BUSINESS ECONOMICS vol. 32 no. 1 (1997), page 21-24.
Topik: economic growth; conditions; economic growth; technology and education
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: BB20.3
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelThe short - term outlook for the economy indicates a slowing in the second half of 1996, but the federal reserve must be vigilant to restrain inflation. Longer term, a low and stable rate of inflation is essential for long - term growth and a higher standard of living. Monetary policy, by keeping inflation in check, can make the environment conducive to growth, but the economic players themselves, aided by fiscal policy, can make long - term growth happen. The growth process is not well understood, but technology has an important role. Technology has the potential for increasing productivity but also can lead to earnings inequality. Encouraging investment in education and training can add to the country's human capital stock and lead to increased productivity.
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