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Can governments improve children’s lives by learning from the best performing countries? This free online course explores these questions using a combination of articles, videos, animations, articles, interactive data visualisations, discussions, and research “bites”. We will introduce you to key findings from the world-leading research into child well-being conducted at the University of York and findings from major child well-being studies conducted by international organisations such as Unicef. As well as exploring children’s own perceptions of their well-being, we will explore variations in the levels of child poverty, material deprivation and in key health outcomes.
In so doing we will explore both inequalities in child well-being and the impacts of inequality on child well-being. By the end of the course, you will: Colombia’s lesson in economic development. A faster pace of economic development calls for microlevel reforms to help specific sectors and companies become more competitive in global markets.
Many developing countries are frustrated because better macroeconomic conditions haven’t led to faster economic growth. Clearly, earning an investment-grade rating on sovereign debt isn’t enough. Our work in Colombia creating and implementing an economic-development program, with a model focused on improving specific industry sectors, could provide useful lessons for a number of developing countries. Colombia has enjoyed a surprising political and economic turnaround over the past decade.
Nonetheless, many economists assert that the improvements in the business environment are necessary but not sufficient to ensure sustainable economic development. We spoke with Colombia’s trade minister, Luis Guillermo Plata, about this public–private partnership, as well as about the broader challenges of restructuring the country’s economy. Video. Turkey: Making the productivity and growth breakthrough. Turkey's economy is poised to take off.
Completing a successful transformation, however, means Turkey needs to confront monopolies and traditionally-run businesses that are slow to modernize. MGI shows how privatization and enforcement of financial laws will boost the economy. Turkey has a watershed decision to make. Policymakers can remove the fundamental roadblocks to faster productivity growth. Or they can maintain the status quo, allowing productivity to limp along at 40 percent of best practice levels, holding Turkey back from a breakthrough to sustained rapid growth.
The implications for Turkey are crucial in terms of not only providing an improved standard of living for its population of 65–70 million but also making itself a more attractive candidate for acceptance into the EU. The McKinsey Global Institute (MGI) analyzed productivity levels in 11 sectors across the economy and has provided a series of recommendations based on that analysis. Telecommunications Sector Apparel sector. Financial Engineering and Risk Management Part I - Columbia University. Living Economics: Yesterday, Today, and Tomorrow. Detailed Summary Highlights Economics is a vital source of ideas for understanding how the world works.
Although the greatest teachers of economics have always stressed this, economics as it is currently taught often deemphasizes the study of real-world problems and dwells too much on nonessentials. Economics teachers would find greater success (i.e., their students would retain more knowledge) if they focused more on the core lessons of economics, such as how the price system coordinates and harmonizes the decision-making of countless individuals, and why the resulting patterns of “spontaneous order” are self-regulating but can fall prey to public policies that create undesirable, unintended consequences. Although Adam Smith didn’t originate economics, his synthesizing treatise The Wealth of Nations is a towering achievement in the intellectual history of Western Civilization. Synopsis. Model Thinking - University of Michigan.
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