Suchergebnisse

In his State of the Union address President Obama acknowledged that our most urgent task is job creation - that a move toward full employment will lay the foundation for long-term economic growth and ensure that the federal government creates the necessary conditions for businesses to expand and hire more workers. According to a new study by Levy scholars Rania Antonopoulos, Kijong Kim, Thomas Masterson, and Ajit Zacharias, the government needs to identify and invest in projects that have the potential for massive, and immediate, public job creation. They conclude that social sector investment, such as early childhood education and home-based care, would generate twice as many jobs as infrastructure spending and nearly 1.5 times the number created by investment in green energy, while catering to the most vulnerable segments of the workforce.

AbstractViolence against women (VAW) is a widely recognized human rights violation but whose wider economic ramifications are less understood. In this article, applying the multiplier analysis based on 2015 social accounting matrix of Ghana, we outline how the individual microlevel income loss is translated to a macroeconomic loss. We argue that the macroeconomic loss due to VAW, which amounts to about 0.94% of Ghanaian GDP, is not a once‐off loss but a permanentinvisibleleakage from the circular flow of the economy. The article highlights the potential consequences of the loss over a period of time in the status quo scenario.