More effective and fair use of public force (defense, enforcement of National law and consolidation of the Nation State) Access to information Expansion of social capital More exchange of knowledge Social relations Acceleration and multiplication of influences (between different Telecommunications Economic transactions territories) Multiplication of transactions Coordination among Extension of markets development stakeholders Productivity increases Public governance Provision of public Enabling conditions (Rule of Law, (peace, security, Rule of administration of Justice, enforcement of Law, public regulation, private contracts, protection of people’s protection of human rights, macroeconomic stability, etc.) rights, consumers’ and Government and environmental protection, Enhanced regulation of diverse activities public administration macroeconomic stability, to attain the public good (abuses of etc.) market power, consumers’ protection - Delivery of public and safety-, environment, etc.) services (tax administration, Greater efficiency of public finance administration of justice, (taxes, subsidies, transfers, public debt) etc.) Increase in safety and protection for Matching of diverse needs savers, particularly small ones from savers and investors, Channeling of unspent income to including resources and borrowers, thus raising effective distribution of risks aggregate demand and reducing term unemployment Enhanced allocation of savings (goods for Easier access to resources postponed consumption) to productive Financial available for investment activities with highest returns (largest ratio of transformation of present into future goods), thus increase in Relative standardization of consumption and living conditions over financial contracts and time convenient Reduction of transactions costs, institutionalization of facilitation of inter-temporal transactions financial transactions and increase in productivity Short-term effects on time allocation of households, and higher productivity, Better hygenic possibly larger labor market participation conditions and increased labor supply (specially from women), larger incomes and reduced poverty, thus overall Immediate Safe water, sewage Better control over improvement in living conditions and treatment infectious and Lower child mortality, overall health transmittable diseases improvement, longer lifespan, better physical capabilities for people and lower vulnerability Convenient access to Faster and more efficient accumulation of nearby facilities human capital
More effective and fair use of public force (defense, enforcement of National law and consolidation of the Nation State) Telecommunications Access to information Social relations Economic transactions Coordination among development stakeholders Expansion of social capital More exchange of knowledge Acceleration and multiplication of influences (between different territories) Multiplication of transactions Extension of markets Productivity increases Government and public administration Public governance Provision of public (peace, security, Rule of Law, public regulation, protection of human rights, consumers’ and environmental protection, macroeconomic stability, etc.) Delivery of public services (tax administration, administration of justice, etc.) Enabling conditions (Rule of Law, administration of Justice, enforcement of private contracts, protection of people’s rights, macroeconomic stability, etc.) Enhanced regulation of diverse activities to attain the public good (abuses of market power, consumers’ protection and safety-, environment, etc.) Greater efficiency of public finance (taxes, subsidies, transfers, public debt) Financial Matching of diverse needs from savers and investors, including resources and distribution of risks Easier access to resources available for investment Relative standardization of financial contracts and convenient institutionalization of financial transactions Increase in safety and protection for savers, particularly small ones Channeling of unspent income to borrowers, thus raising effective aggregate demand and reducing unemployment Enhanced allocation of savings (goods for postponed consumption) to productive activities with highest returns (largest ratio of transformation of present into future goods), thus increase in consumption and living conditions over time Reduction of transactions costs, facilitation of inter-temporal transactions and increase in productivity Safe water, sewage and treatment Better hygenic conditions Better control over infectious and transmittable diseases Convenient access to nearby facilities Short-term effects on time allocation of households, and higher productivity, possibly larger labor market participation and increased labor supply (specially from women), larger incomes and reduced poverty, thus overall Immediate improvement in living conditions Lower child mortality, overall health improvement, longer lifespan, better physical capabilities for people and lower vulnerability Faster and more efficient accumulation of human capital term -
unpan043435.docx