public authors frequently refer to a period of st energy subsequently the Second World War when full employment was the objective of governments , whether in the Western world or in the more managed economies to be found elsewhereThe ability of individual economies and societies to respond to the altercate of the current transition is determined , in large heartbeat , by the capacity of existing institutions to adapt to the changes underway piece of music the nature and extent of the adaptation required may attend novel the process itself is not . Periods of rapid economic and technological change are characterized by a condition of positive uncertainty . They place a premium on the ability to acquire , absorb and diffuse relevant knowledge and cultivation throughout the various institutions that affect the process of economic development and change . Two key concepts appear to be primordial to the concerns at the heart of this question : the role of institutions and the process of learning...If you want to get a full essay, order it on our website: Orderessay
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