Thursday, May 28, 2009

Msts Pacific Surfliner


In my lecture I tried to explain the problems of the Third World using the terminology Abramovitz. Had developed what he called a "quality index of economic activity," according to which people or countries engaged in economic activities with a higher rate were rich, while engaged in activities with a low rate would be poor. Were an attempt to merge several factors that tend to be correlated. The index would explain why, despite that both sectors have the best global practices, producersp; iacute; to expect, the younger of the two dozen economists present threw a laugh at the idea of classifying economic activities for their "quality." But by chance I was seated next to Abramovitz around the horseshoe-shaped table, and when I sat the presentacióny said: "A very good idea." My surprise was such that I thought my ears had failed me, but I repeated it. Meet

Moses Abramovitz was like to contact an academic culture rather outdated and extremely generous, always willing to share their knowledge, prodigalor your time and advice. In my view, all past experiences of wealth creation, from the England of Henry VII in 1845 to launch the Marshall Plan in 1947 - had shown that a country could make you rich if housed within its borders certain economic activities. As I see it, economic growth, particularly in the early and fragile stages, "depended on the activity, or to put it another way, was closely linked to certain types of activities and economic structures. In a letter dated August 16, 1996, Abramovitz I wrote, comIan Marshall (promote activities with increasing returns) and underdevelopment and the mechanisms primitivization opposed the Morgenthau plan (eliminating activities with increasing returns). In 1945, when he would start the plan deindustrialize the German economy to Treasury Secretary Henry Morgenthau, Moses Abramovitz himself served as economic adviser to the United States representative on the Reparation Commission Allies. A team led by Abramovitz produced a report arguing that this plan would destroy Germany's export capacity, making it unable to pay for essential imports were at that time as food, and geerary massive unemployment. That memo predicted that the Morgenthau plan, if carried forward, would reduce the average income in postwar Germany to a level well below the miserable level of prewar Poland. Morgenthau was outraged and convened a meeting of the group. After Abramovitz, as team leader, had admitted responsibility for the conclusions, Morgenthau retired with an excruciating headache. In our days, the Washington Consensus has led to a new plan Morgenthau on the periphery of the world, and it is again time to replace it with a Marshall plan to promote efforts in increasing returns, as hi

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