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Thiry, M. (2013). The future of project management in a digitised economy. Paper presented at PMI® Global Congress 2013—EMEA, Istanbul, Turkey.

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American spending by year, income and age - …

See what Americans are spending their money on, based on year, income, and age.
Inthe public's evaluation of the present, the vice president won among those who consideredthe economy "excellent" and their own financial situation improved in the pastyear.

Why Nerds and Nurses Are Taking Over the U.S

In the year 2000, the difference in GNP resulting from different population assumptions amounts to as much as one-fourth of the total GNP today. Rapid population growth will cause more rapid growth in the size of the economy, and correspondingly greater demands on resources and the environment.
The paper approaches the task of forecasting 20 years into the future by extracting relevant precedents from the growth in labor productivity and in MFP over the last seven years, the last 20 years, and the last 116 years. Its conclusion is that over the next 20 years (2007-2027) growth in real potential GDP will be 2.4 percent (the same as in 2000-07), growth in total economy labor productivity will be 1.7 percent, and growth in the more familiar concept of NFPB sector labor productivity will be 2.05 percent. The implied forecast 1.50 percent growth rate of per-capita real GDP falls far short of the historical achievement of 2.17 percent between 1929 and 2007 and represents the slowest growth of the measured American standard of living over any two-decade interval recorded since the inauguration of George Washington.

 

Consumer confidence soars under Trump. Here's what …

Over the past 40 years, federal revenues have ranged from nearly 21 percent of gross domestic product (GDP) in fiscal year 2000 to less than 15 percent in fiscal years 2009 and 2010, averaging 18 percent of GDP over that span.
The art of politics,as eloquently stated by James Madison, is to reconcile the competitive "impulse ofpassion, or of interest, adverse to the right of other citizens" in a way thatpromotes "the permanent and aggregate interests of the community." This vitaltask is entrusted to elected representatives, "whose wisdom may best discern the trueinterest of their country, and whose patriotism and love of justice will be least likelyto sacrifice it to temporary or partial considerations." [29] These qualities werenot evident among American politicians in 2000.


This paper provides three perspectives on long-run growth rates of labor productivity (LP) and of multi-factor productivity (MFP) for the U. S. economy. It extracts statistical growth trends for labor productivity from quarterly data for the total economy going back to 1952, provides new estimates of MFP growth extending back to 1891, and tackles the problem of forecasting LP and MFP twenty years into the future.