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In short, the process of capital biased technical change (if that's what it is) likely contributes to our inequality problem even as it raises aggregate wealth.
"With China's World Trade Organization entry, we will gradually push forward the process of capital account convertibility," said Dai Xianglong, governor of the People's Bank of China, according to the state-run China Daily.
Financial markets intensify the process of capital accumulation.
Whether the land market liberalization helps or hurts the process of capital accumulation and the long‐run welfare depends on the relative strength of the productivity improvement in the home country.
Skill-biased technological change (SBTC), which might arise endogenously from increased trade, and the incorporation of technology through the process of capital accumulation might have occurred concurrently to trade reform in Argentina.
Just as shocking was a growing realization -- made undeniable by each dismal repetition of the business cycle -- that the new industrial economy wasn't just producing that reserve army, but depended on its regular mobilization and demobilization to carry on the process of capital accumulation.
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As regards the process of human capital accumulation, we assume, as in Olivetti (2006), that the marginal increase in human capital depends on age.
Kiley's predecessor, Richard Ravitch, had started the process of raising capital investment resources from the New York State legislature, a process that Kiley continued.
Right now, Mr. Yi told me, the company is in the process of raising capital, some of which he'll use to "bring in a consultancy or managers from the outside".
The investment banking firm Excellence Nessuah is reportedly in the process of raising capital from institutions and in locating properties for what it calls simply REIT 1. India and Pakistan could be next.
The Bank of England governor, Mark Carney, said: "In the process of increasing capital requirements there will be cost passed on to borrowers that will have an impact on demand and some impact on inflation".
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