Download or read book Developed Countries Future Unique Technology Comparison written by Johnny Ch LOK and published by . This book was released on 2021-05-27 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: But even, assuming that China at some point in the future does succeed in accomplishing the second transition, will it be able to supersede the USA, for example, as the main global high automatic technological innovation center if it wants to become the No.1 global high technological industry economy? Given the nature of the centralized state and its stability to collect financial resources , China's ability to increase research and development expenditure to high automatic technological products and to hire a mass of researchers, engineers, technicians and other specialists should not be doubted. This process in already taking place. But , again, Soviet Russia already exceed the USA in the R&D/GDP ratio in the 1970s, long before the communist collapse, with no effects on its innovativeness. Inputs matter less than outputs, quantity in the innovation process mean much less than quality. The latter characteristics depends importantly on economic, civic and even political institutions. Otherwise, independent India had three options open to it in 1946s. It could pursue spontaneous economic development, with some state intervention to be sure, along the lines of basically free market capitalism; it could turn the clock back and try to recreate the rural-agricultural and handicraft based. The dominant way of thinking was Society -style priority to industrialization and , within industralization , priority to heavy industry. In other words, not textiles and clothing, which has been developing well in India since the mid- nine teen century, but production of sewing machines and , even better, production of machines the produce sewing machines. The results were only to be expected. The heavy stress on the expansion of capital-intensive heavy industries in a very poor country quickly strained the ability of the Indian economy to generate adequate savings. Moreover, some of these industries were above the level of industrial competence of an underdeveloped economy. Thus, the amount of required resources (capital, skilled labor) was usually larger per unit of output than in the same industries in more mature, richer industries economies. In another view point, India will develop light industries, just as any other poor country with a great deal of unskilled labor, had a comparative advantage and no less importantly, an economy in which, due to their low capital/labor ratio, light industries could employ many more people, spreading prosperity more widely in a poor country. So, it explain that why China will have more effort to develop heavy high technological industry in the future. Thus, India got less economic efficiency, less employment than in a spontaneously developing economy, less ability to compete internationally in light industries suitable for an underdeveloped economy and finally got heavy industry unable to compete even on the domestic market and, therefore requiring no less heavy a dose of protection. Overall India got an underperforming economy, in particular in its relations with the rest of the world. To conclude by comparing the performance of the traditional sectors of the Indian economy and the performance of its modern, human -capital-intensive subsector of manufacturing and skill intensive service sector. The latter both employ workers with high-and medium -high skillful level ( in branches ranging from computer software and biotechnology and pharmaceutical high technological light industry). India is ahead of China in terms of the output and export of such products and services. Thus, it implies that UK ought concentrate on developing high automatic heavy high technological industry, e.g. human intelligence technological products because these industry is not better development to other many countries' strong effort , such China and India large population countries.

Download or read book Developed Countries Future Unique Technology Competitive Comparision written by Johnny Ch Lok and published by . This book was released on 2019-12-12 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are high automatic technology product development models needed to research to UK any manufacturers? UK government and manufacturers need to consider how to achieve high technology product development models. According to Hauser et al. (2006) indicated the high technology (high tech.) development process, is influenced by the innovative process, bringing products on exception value which stimulate product market demand. Innovation provides products the specific basis for which world economies compete with each other on the global market. Able to find new solutions, innovations generate significant changes in existing markets, destroy them, or create new marketing ( Hauser et al. 2006). So, UK manufacturers need to concern on any manufacturing high technology product development process because which can influence any new products development to manufacture to sell to any overseas or domestic both markets successfully.What is high tech. product meaning? Mohr et al. (2010) argues that there are two reasons why it is important to clarify and specific high technology: (1) due to the impact of technologies on the economy, attempts are made to classify economic production and incomes; (2) due to the impact of high tech. on the environment. Standard marketing strategies are being modified and adopted, therefore, it is necessary to know the products to focus on. Why UK manufacturers need to consider high technological product process. Nowadays, high tech. products are complex, advanced, requiring specific technical knowledge, which is technologically not discontinued and being produced at the companies which have twice as many technical personnel and invest twice as many in scientific research and development than other companies. Moreover, these products are time-sensitive as scientists are continuously searching for new approaches for invention of more advanced technologies which make all preceding ones lower-ranking. The most important, nowadays global consumers will adopt the particular technology. It means that global customers may delay adopting new high-tech. products and in order to mitigate the prolonged uncertainty require a high degree of education and information about the product and need post-purchase reassurance.Anyway, nowadays customer individual needs in high tech. environments are characterized by sudden changes related to unpredictable fashion. Even, consumers concern about how to preserve new product' competitive technological standard is completely incompatible with technological uncertainty. The most important factor is the prevalence rate of any new products development process, which is influenced by slower than of traditional products. In many cases high-tech. automatic product market are being materialized slower than which are expected. The technological uncertainty challenges will exist in development process, such as uncertainty related to the timetable for development of the question whether the new product will be function as promised. In automatic high-tech. industries, the time requires for product development is difficult to predict as, commonly, it takes longer than expected, uncertainty related to unanticipated consequences and uncertainty about the product life cycle related to competition products. In conclusion, these factors will influence new automatic technology product development process unsuccessful, so UK manufacturers will need to concern on any high technological automatic product's manufacturing process.Before, all over the world presented picture of demonstrate in London on the occasion of the meeting of the G20. Some economists indicated disastrous economy consequences will occur to any one of Western country, such as UK, so if any one of Western country did not consider automatic technology development to itself country.

Download or read book UK Us Future Unique Technology Development Difference written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-02-18 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologySome economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book UK and US Future Unique Technology Development Difference written by Johnny Ch LOK and published by . This book was released on 2019-01-27 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologySome economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong , China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book UK And US Future Unique Technology written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-04-23 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: I stressed a very important point, namely that the UK future high technological automatic product competitor China and India, namely that economies not only grow, but in the process change their structure. China and India have been industry very rapidly (the first transition) and building the physical infrastructure that accompanies industrialization changes to technology in the future. However, at a certain per capita GNP level the two countries, such as China and India will face another structural shift when which technological development will reach the mature stage in the future. China and India had been primarily historical pattern of economic development because the shift in the role of engine of growth from industry to services is to a much greater extent a qualitative shift. Both higher and different skills are required. And, even more importantly, interactions generating ideas driving the highly human-capital-intensive service economy require a much freer environment, not only in the economic area. Chinese exports have been heavily labor-intensive. This being the case, they contributed to the expansion of industrial employment, offering for the first time in the history of China a taste of (very modest) prosperity to more than 100 million new industrial workers and their families. This is the major component of the success accomplished by Chinese economic growth. Richer trade partners create room for more trade, so the Chinese should hope that intra-South trade, that is, trade between the emerging economies of Asia, the Middle East, Africa and Latin America, will open up new and growing opportunities. I presume that if Western economy, such as UK did not developed high technological automatic industry to stable their social welfare, so thoroughly slowed down their economic growth.Will it allow China to accomplish the transition to a mature, innovation, service-sector-based market economy? It has allowed the economy to industrialize much more successfully, even if the labor shift from agriculture to industry has not yet been completed. But it is a long way off the next major test: the second high technological industry transition of the economic structure to China. Bear in mind that Russia attempted it twice and failed at both attempts.But even, assuming that China at some point in the future does succeed in accomplishing the second transition, will it be able to supersede the USA, for example, as the main global high automatic technological innovation center if it wants to become the No.1 global high technological industry economy? Given the nature of the centralized state and its stability to collect financial resources, China's ability to increase research and development expenditure to high automatic technological products and to hire a mass of researchers, engineers, technicians and other specialists should not be doubted. This process in already taking place.

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Download or read book Developed and Developing Countries Future Predictive Technological Difference written by Johnny Ch LOK and published by . This book was released on 2018-12-14 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings this question: What are future influential technological development trend to US and UK?This book concerns to be given on my opinions and some economists' opinions to UK and US both countries government and businessmen what will be the most urgent important needs to develop on the technological product investments aspect. I shall indicate the online teaching technology and environment protect technology, such as natural energy, farming environment protect technology etc. as well as automatic technology in manufacturing industry , such as human intelligence products to give my reasons and some economists' reasons to explain to support why these three technological developments will be valid to invest to develop to UK society in the future. In this book final part, I shall give reasons to explain why some economy theories can be proved to satisfy these technological factors requirement to predict which can influence US and UK future economic growth. The economy theories include: welfare economic theory, Kaldor -Hicks efficiency theory, Pareto improvement theory, industrial production and pollution economy theory, natural rate of unemployment theory. Finally, I hope readers can attempt to analyze whether these economic theories can be applied to explain whether these technological factors can assist US and UK future economic growth.My view point and the economists both view point will be valid to be judged whether these three new technological development will be the most urgent important needs among other technology development to UK and US society within ten year. I hope that our ideas can assist UK and US government and businessmen to make the right decision to concentrate on developing these three technological development within ten years.

Download or read book Globalization of Technology written by Proceedings of the Sixth Convocation of The Council of Academies of Engineering and Technological Sciences and published by National Academies Press. This book was released on 1988-02-01 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The technological revolution has reached around the world, with important consequences for business, government, and the labor market. Computer-aided design, telecommunications, and other developments are allowing small players to compete with traditional giants in manufacturing and other fields. In this volume, 16 engineering and industrial experts representing eight countries discuss the growth of technological advances and their impact on specific industries and regions of the world. From various perspectives, these distinguished commentators describe the practical aspects of technology's reach into business and trade.

Download or read book Future Unique Technology Influences written by Johnny Ch Lok and published by . This book was released on 2019-06-19 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologyUS future environment protection products will be popular to manufacturers and householders to use. Some economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.Agricultural development technologySome economists indicate that there are five trends reshape to impact rural America' future economy. They include that digital economy will shift future America rural economy. US quality of life will change a lot, the US rural economy will stay uneven, US commodities will compete in global markets and will give less benefit to US rural economy and US new products will revolutionize US agriculture economy.

Download or read book UK Us Future Predictive Technological Difference written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-25 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoExternal environmental impact Some economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book Future Technology Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2019 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assuming that UK high technological automatic manufacturing workers who would desire only to introduce changes in the workings of the international economic order and policies of countries participating in the present economic order rather than change the order itself, what will be UK manufacturers their specific economic preferences in the future? It implies tnat either concentrate on spending more investment to automatic high technological development, e.g. human intelligence automatic high technological products or still concentrate on spending more investment to common traditional technological products.However, UK was a developed Western country which had had strong automatic high technological development effort very long time. Otherwise, it compared to some developing countries, such as Asian China, Hong Kong, Korea etc. Asian countries their future economic growth rate will show un- surprising, different patterns, so the Asian countries has weak effort to invest high automatic technological product development, such as human intelligence technological development. The catching-up process suggests low economic growth rate in the high automatic technological product development to the Asian developing countries in the future.Hence, the future economists predict that it views as probable successors of the Western world economic leadership if any Western country, such as UK manufacturers who prefer to invest to any high automatic technological products development, e.g. developing on human intelligence automatic technological products more than traditional common technological products development. On the one side, but it seems important to stress that two very poor countries among the challengers-China and India-are examples of countries that changed their institutions and economic policies from no or little economic freedom to more economic freedom. Because there two countries whose governments prefer to lend loans to encourage their country manufacturers prefer to invest high automatic technological products manufacturing. On the other side, attitudes toward foreign direct investment (FDI) have undergone change since the 1960 s and a large majority of less developed countries, e.g. China and India are now competing strongly among themselves and with developed market economies for direct investment from multinational companies. So, UK will face China and India high automatic technological product competitors in the future. And in fact, all countries that joined Western developed economies did that without much (if any) external inflow of public resources. It is right time that UK government needs to lend loans to encourage domestic manufacturers to invest high automatic technological products to raise whose international high technological products sale effort to win its future competitors. So, machine resources will be increased demand to o UK manufacturers if who chose to spend machine resources to innovate to manufacture any new and high technological automatic products to raise human daily life needs in the future. It means that it is right time UK manufacturers need buy much machines to prepare to manufacture many future high technological automatic products when these machine prices are low. Because the future global machine prices will possible be raised if many China and India manufacturers will also buy many machines in the future. For example, USA government had provided much financial support to assist sugar cane producers to develop their businesses. And they are dependent to a much larger extent than sugar cane producers and sugar processors in the USA on government. Without very high subsidies to renewable energy generation, they would not have survived at all. So, USA government had been the first country which could lent much financial assistance to encourage domestic renewable energy generation manufacturers to develop high technological energy manufacturing business.

Download or read book UK And US Future Unique Technology Competitive written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-19 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Population growth technologySome economists found one key is that education and anti-discrimination policies well designed labor market and large and/or progressive tax and transfer system can all reduce income inequality . In many OECD developed western countries, income inequality has increased in past decades. In some countries, top earners have captured a large share of overall income gains, when for other income has risen only a little. Some see poverty as the relevant concern with the type of growth enhancing policy reforms advocated for each OECD developed countries and economic growth might have positive or negative side effects on income inequality.OECD (2011), it first highlights differences in some income inequality across the OECD and the factors driving them, such as cross-country differences in wage and non-wage income inequality as well as in hour worked and inactivity. OECD developed western countries can be divided into five groups to their pattern of inequality. For example, in five English-speaking countries ( Australia, Canada, Ireland, New Zealand, the United Kingdom) and the Netherlands wages are rather dispersed and the share of part-time employment is high, driving inequality in labor earnings above the OECD average means-tested public cash transfer and progressive tax.It seems income inequality will influence the developed countries, such as UK, Canada, Australia, New Zealand , US etc. economic growth. Although, technology change and globalization have played a role to influence the distribution of labor income. Some economists believe that any countries' policies will also influence income inequality. These policies factors include: technological education policies can increase different technology graduation rates from upper secondary and tertiary education and that also promote equal access to a well-designed different sector technology labor market policy can reduce inequality.A relatively high minimum wage narrows the distribution if labor income, but if set too high, it may reduce employment of inequality reducing effect. It tends to reduce labor earning inequality by ensuring a more equal distribution of earnings. Job protection reforms that make permanent and temporary contracts more even in their provisions low income wage dispersion of earnings is rather mixed, removing product market regulations can reduce labor income inequality by boosting employment, policies the faster the immigrants and fight all forms of discrimination reduce inequality, progressive tax policy play a key role in lowering overall income across the OECD developed countries.However, the redistributive fair income level between low level income labors and middle level income labors and high level income labors impact of developed countries, e.g. consumption taxes and real estate taxes tend to be regressive tax policy. Hence, it seems that reducing income inequality can cause the more fair income distribution between the high income level and the middle income level and the low income level labors. Then, it will let the developing countries or developed countries , such as US citizens feel that who can get real social welfare fairly, due to high technology development can boost economic growth in US society.Cheap medical development technology Some economists predict to make long term forecasts to reduce medical cost trends how will influence US economy. Also, they indicate short run cheap medical cost forecasts for first 1 to 5 years to reflect the particulars of specific groups, benefit packages, regional markets or cheap medical cost network providers and use their local cheap medical choice information and actuarial skills to improve accuracy and reasonability.

Download or read book Technological Advancement in Developed and Developing Countries Discoveries in Global Information Management written by Hunter, M. Gordon and published by IGI Global. This book was released on 2009-12-31 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book uses a multi-cultural approach to discuss many issues relating to information systems, and takes many different perspectives on this intriguing topic"--Provided by publisher.

Download or read book UK and US Future Unique Technology Competitive written by Johnny Ch LOK and published by . This book was released on 2019-01-26 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ecommerce social economic development technologyHas it relationship between social influence and economic environment in future US? For example, the social factors that are positively correlated with the economic growth ( i.e. the expected years of schooling and the life expectancy) and respectively, the factors that are negatively correlated with US future economic growth ( i.e. the US population or risk of poverty and the unemployment rate).The improvement of the US future economic environment will be an objective of the macroeconomic policy on short, medium and also long term. The importance of social factors upon US future economic growth, considering that the future used macroeconomic indicator, GDP per capita, is not most proper measure for the future US nation welfare. Due to GDP per capital fails to take into consideration some specific sectors of the US social economy, such as the black market.Until recently, some economists rely on culture is as a possible determinant of economic phenomena. However, in current years, better techniques and more date made it possible to identify systematic differences in people's preferences and beliefs and to relate them to various measures of cultural environment suggest an approach to introduce cultural-based explanation that can be tested and are able to substantially understand economic phenomena.The increased importance of social factors relies on a basic concept. Some theory is measured to economic growth which has wrong assumption. For example, the fiscal and monetary policies focused on increasing the national income, which lead consequently to economic growth. The reason most of economic opinions have been argued because whose opinions are based on a wrong hypothesis, according to which the nation welfare is based only on the level of income.Can social factors influence US future economic growth? Human development history, global life expectancy has been experiencing these stages: from the industrialization process, the technologic progress, the medical evolution, the scientific research, these stages were also related to internal causes, specific to some developed countries, e.g. US developed country. Thus, the differences are significant and are linked both to US life expectancy level and the GDP /capita. Such as US population is less than China population too much. Although, US land area is near to China area. It seems US will encounter life expectancy level need to prepare its technological development to raise economy growth of opportunity. For example, Africa and Asia are still facing major economic and social issues. The access to a health life and medical services are still long terms objectives for countries with low life expectancy.According to Harrison & Huntington (2000), the analysis of social factors helps understanding the human behavior with respect to consumption, savings, investment system, expectations and attitudes towards the economic circumstances, which also have a major impact on the economic growth. The evolutions of economic and social environment are needed for US future development. In order to eliminate the gap of living standard, outside resources and support US needs have good social indicators study plan to concern econometric model to rise poor people living standard in future US society between rich and poor people who are living in US. However, I believe the social factors include demographic and culture, population's structure factors which are one important social indicator to influence the distribution of the US social public income.

Download or read book Future Technology Development Is Possible to Raise Human Living Standard written by Jonny Ch Lok and published by Independently Published. This book was released on 2018-10-17 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong, China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book Two Developed Countries Future Different Technological Development Trend written by Johnny Ch Lok and published by . This book was released on 2020-12-15 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assuming that UK high technological automatic manufacturing workers who would desire only to introduce changes in the workings of the international economic order and policies of countries participating in the present economic order rather than change the order itself, what will be UK manufacturers their specific economic preferences in the future? It implies tnat either concentrate on spending more investment to automatic high technological development, e.g. human intelligence automatic high technological products or still concentrate on spending more investment to common traditional technological products.However, UK was a developed Western country which had had strong automatic high technological development effort very long time. Otherwise, it compared to some developing countries, such as Asian China, Hong Kong, Korea etc. Asian countries their future economic growth rate will show un- surprising, different patterns, so the Asian countries has weak effort to invest high automatic technological product development, such as human intelligence technological development. The catching-up process suggests low economic growth rate in the high automatic technological product development to the Asian developing countries in the future.Hence, the future economists predict that it views as probable successors of the Western world economic leadership if any Western country, such as UK manufacturers who prefer to invest to any high automatic technological products development, e.g. developing on human intelligence automatic technological products more than traditional common technological products development. On the one side, but it seems important to stress that two very poor countries among the challengers-China and India-are examples of countries that changed their institutions and economic policies from no or little economic freedom to more economic freedom. Because there two countries whose governments prefer to lend loans to encourage their country manufacturers prefer to invest high automatic technological products manufacturing. On the other side, attitudes toward foreign direct investment (FDI) have undergone change since the 1960 s and a large majority of less developed countries, e.g. China and India are now competing strongly among themselves and with developed market economies for direct investment from multinational companies. So, UK will face China and India high automatic technological product competitors in the future. And in fact, all countries that joined Western developed economies did that without much (if any) external inflow of public resources. It is right time that UK government needs to lend loans to encourage domestic manufacturers to invest high automatic technological products to raise whose international high technological products sale effort to win its future competitors. So, machine resources will be increased demand to o UK manufacturers if who chose to spend machine resources to innovate to manufacture any new and high technological automatic products to raise human daily life needs in the future. It means that it is right time UK manufacturers need buy much machines to prepare to manufacture many future high technological automatic products when these machine prices are low. Because the future global machine prices will possible be raised if many China and India manufacturers will also buy many machines in the future. For example, USA government had provided much financial support to assist sugar cane producers to develop their businesses. And they are dependent to a much larger extent than sugar cane producers and sugar processors in the USA on government. Without very high subsidies to renewable energy generation, they would not have survived at all. So, USA government had been the first country which could lent much financial assistance to encourage domestic renewable energy generation manufacturers to develop high technological energy manufacturing business.

Download or read book Future Unique Technology Influences Developed Countries written by Johnny Ch Lok and published by . This book was released on 2019-07-31 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial Intelligent Socio-economic development technologyIN the future, many people choose to drive auto-mannal vehicle, and many workers like to apply robots to assist them to manufacture any products in factories. So, artificial intelligence learning needs will raise. US development practitioners are increasingly aware of the role that US social and political structures play in future shaping US's development paths and results. In this context, US macro social analysis needs to understand the ways in which power relations act to circumscribe the opportunities available to poor US people to improve their situation. For example, US donor organizations need to understand of relevant US social structures, such as informal institutions or other relevant US social practices in US. This provides an entry point for understanding the broader US political environment or challenges in a particular sector or process. Furthermore, any US donor organizations need to place greater emphasis on the analysis of livelihoods and economic opportunities and their relationship to reduce the unequal of gap between rich and poor US citizen in US societies . Thus, US government needs to encourage donor organization participants choose to do the reasonable donor behavioral to aim to reduce the unfair donor spending to the unneeded donor assistance beneficiaries. To let us socio-economic has more balance chance to every US poor citizen in US society. So, it can also raise average every US poor citizen feels better quality of life in US society.How does the rise of US exports to East Asia factor influence US economy change? Export have become an increasing important source of revenue for both national and regional forms in the United States. How does the primary growth market for US exports to influence US economy growth? I recommend the developing nations in East Asia will the developing nations in East Asia will soon rival today's industrial nations as the most important US trading partner . In view of the rapid growth of US exports and their geographic shift toward developing nations.