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APEC Philippines 2015
APEC Philippines 2015 was the year-long hosting of the Asia-Pacific Economic Cooperation (APEC) meetings which concluded with the APEC Economic Leaders' Meeting held on 18–19 November 2015 in Pasay, Metro Manila. It was the second time the Philippines hosted the summit, the first being in 1996. The meetings were held amid simmering tensions between China and several nations, including the Philippines, Japan, Vietnam and Malaysia because of the former's aggressive policy of claiming several uninhabited islands in the South China Sea. However, the Philippines decided to put aside the issue temporarily in keeping with its hosting duties. The summit was also held just days after the November 2015 Paris attacks which left 137 people dead, forcing the host country to enforce a lockdown of major streets near summit venues and hotels where the economic leaders were billeted, causing heavy traffic in major Metro Manila roads and inconvenience to commuters and motorists. Agenda The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
APEC Peru 2016
APEC Peru 2016 ( es, link=no, APEC Perú 2016) was the XXVIII year-long hosting of Asia-Pacific Economic Cooperation (APEC) meetings in Peru, which was culminate with the XXIV APEC Economic Leaders' Meeting in 19–20 November 2016 in Lima. It marked the second time Peru played host to the APEC, previously hosting in 2008. Agenda Four priority areas were laid out as topics to be discussed for the 2016 APEC summit. These are Human Capital Development, Upgrading SMEs, Regional Food Market, and Regional Economic Integration Agenda. These subjects were chosen to build upon on the discussions from the previous APEC summit in the Philippines. Branding On 29 January 2016, the Peruvian President Ollanta Humala said that the theme of the APEC Summit is "Quality Growth and Human Development". The architecture of the ancient city of Caral serves as the inspiration for the official logo of the APEC summit. Preparations On 6 September 2012, then Peruvian Foreign Minister Rafael Roncaglio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Capital
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood. Companies can invest in human capital, for example, through education and training, enabling improved levels of quality and production. As a result of his conceptualization and modeling work using Human Capital as a key factor, the 2018 Nobel Prize for Economics was jointly awarded to Paul Romer, who founded the modern innovation-driven approach to understanding economic growth. In the recent literature, the new concept of task-specific human capital was coined in 2004 by Robert Gibbons, an economist at MIT, and Michael Waldman, an economist at Cornell University. The concept emphasi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asia-Pacific
Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Islands. Definition The term may include countries in North America and South America that are on the coast of the Eastern Pacific Ocean; the Asia-Pacific Economic Cooperation, for example, includes Canada, Chile, Mexico, Peru, and the United States. Alternatively, the term sometimes comprises all of Asia and Australasia as well as Pacific island nations (Asia-Pacific and Australian continent)—for example, when dividing the world into large regions for commercial purposes (e.g., into APAC, EMEA, LATAM, and NA). Central Asia and Western Asia are almost never included. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inclusive Growth
Inclusive growth is economic growth that raises standards of livings for broad swaths of a population. Proponents for inclusive growth warn that inequitable growth may have adverse political outcomes. The definition of inclusive growth implies direct links between the macroeconomic and microeconomic determinants of the economy and economic growth. The microeconomic dimension captures the importance of structural transformation for economic diversification and competition, while the macro dimension refers to changes in economic aggregates such as the country’s gross national product (GNP) or gross domestic product (GDP), total factor productivity, and aggregate factor inputs. Sustainable economic growth requires inclusive growth. Maintaining this is sometimes difficult because economic growth may give rise to negative externalities, such as a rise in corruption, which is a major problem in developing countries. Nonetheless, an emphasis on inclusiveness—especially on equali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Traffic In Metro Manila
Based on the 2015 Global Satisfaction conducted by Waze, Metro Manila has the "worst traffic on Southeast Asia". Based on the 2015 Census of population by the Philippine Statistics Authority, the highly urbanized cities of Metro Manila were listed as being some of the densest cities in the world. Emerson Carlos, MMDA assistant general manager for operation has mentioned that in 2015, motor vehicle registrations in Metro Manila peaked at around 2.5 million. Causes Infrastructure problems One of the primary causes of traffic density within Metro Manila is the current transportation infrastructure. Overall, there is a lack of quality infrastructure thus insufficient modes of mobility. The Duterte administration has promised that the coming years will be the, "golden age of infrastructure", with a record $168 billion to be spent on 5,000 projects across the nation”. Road network The road network of Metro Manila consists of radial (R-1 to R-10) and circumferential (C-1 to C-5) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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