Economics 309 lecture 5, Slides of Economics

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Economics 309

“Economics and Public Policy Problems” LECTURE 5

Pave C owtrels Seer Ee VOM ws D=evm? te “ teen yo Qoovert? L- ke 2 Csr Ee Duy Ee [le Workplace Amenities Strategies is divided into sections that present the results of IFMA’s survey-based research of different amenities in the workplace, with the exception of the first section that contains data on what types of amenities can be commonly found in facilities TABLE OF CONTENTS: Introduction + Preface + About This Report Methodology + Acknowledgements Executive Summary Definitions Section 1: Amenities Offered + Number and Type of Amenity + Amenities by Industry, Predominant Use and Facility Type Section 2: Food and Refreshments Cafeteria/Food Service - Break room, Coffee Bar, Vending Area Section 3: Gathering and Collaboration Lounge + Multi-Purpose Space, Training Section 4: Fitness and Recreation Exercise and Fitness Areas Game Rooms + Qutdoor Recreation Areas Section 5: Work-Life Balance + Employee Health Facilities + Nursing/Lactation Areas + Prayer/Privacy Areas * Child Care Section 6: Commerce Employee Store Financiat Services + Travel Center Section 7: Information Centers Internet Cafés and Stations FINDINGS: THE GLOBAL ECONOMIC LANDSCAPE | 9 Exhibit 1.3: Productivity and GDP per Capita across Countries Index U.S. = 100in 1996 = 110 ae - U.S. (1890-98) , <2 - --* Germany (1996) BO a - Japan (2000) + o- + France (1996) of 70. ane im ok > U-7”-ULK. (1998) 8 Korea (1997) See. : = 50 os ages oe : ot Sen 3 ¢ ) #6" Brazil (1997) nae _-7* Russia (1999) ze a 2-7 India (2000) suse ° 10,20. SOz. 40) 650) 260 “70 80 390 100~ 110 Labor productivity GDP per capita is widely regarded as the best single measure of eco- nomic well-being..GDP per capita is simply the product of labor pro- ductivity —how many goods and services you cam produce with a given amount of workers— multiplied by the fraction of people who work. ‘The fraction of people who work varies somewhat around the world. In- terestingly, however,.it doesn’t vary much. Productivity, however, varies enormously around the world. The differences in productivity explain virtually all of the differences in GDP a (Exhibit 1.3). Thus, most of our work sought to explain the per capit of ‘or-_the differences in produétivity around the world. reasons f WWiilien Lees: The Rung RPetitiih OS" Depot 3 Ay vivre ltire SD pclae ee oo 4 Cee Ee ae fee Popes prea av yet C Ys-th Ye ta) © ce orm nodity Cee ts Corporat (Glas Gx Ce ( Gove owe en hh 1. fee Nee Rath Soper” Fe feel pres é Cope ing age nse VO pros) — re Pryen a Cae + cee? (3) Si Cer Tee we we Licgotes Poo ery G tay weg A ee (Gk rrorey (Cre t te bore ya erat tek RACE Beis —. Hh Cc ie — Ge eu ) ( more +