Industry WIKI

In economics, economic rent is any payment to the owner of a factor of production in excess of the costs needed to bring that factor into production. In classical economics, economic rent is any payment made (including imputed value) or benefit received for non-produced inputs such as location (land) and for assets formed by creating official privilege over natural opportunities (e.g., p

Land Bank of the Philippines (LBP), often referred to simply as LandBank, is a government-owned bank in the Philippines with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank, it is officially classified as a "specialized government bank" with a universal banking license.

In Finland, "laukkuryssä" , also reppuryssä (Finnish for "bag Russian", Swedish: påsaryssar) were travelling salesmen who went around Finland and northern Sweden from the middle 19th century to the early 20th century. Despite the name, "laukkuryssäs" were not ethnically Russian, but instead Karelian peasants from East Karelia. Their trade was called a "bag trade", after the large leather

Michael Hudson (born March 14, 1939) is an American economist who is Professor of Economics at the University of Missouri–Kansas City and a researcher at the Levy Economics Institute at Bard College. He is a contributor to The Hudson Report, a weekly economic and financial news podcast produced by Left Out.

Remittances to Nepal are money transfers from Nepalese workers employed outside the country to friends or relatives in Nepal and form part of the wider global remittance transfers by migrant workers back to their home countries. Remittances constitute a substantial economic pillar for Nepal. In 2023, these inward transfers were valued at an estimated US$11 billion, contributing a signifi

A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity funds or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign exchange reser

In economics, the theory of fructification is a theory of the interest rate which was proposed by French economist and finance minister Anne Robert Jacques Turgot in his 1770 book Reflections on the Formation and Distribution of Wealth. The term theory of fructification is due to Eugen von Böhm-Bawerk, who considered Turgot as the first economist who tried to develop a scientific explana

Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor; it is an early statement of the notion of unearned income. It was coined by John Stuart Mill, who proposed taxing it so that it benefits every member of a society.