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A C++ library for Bayesian modeling, with an emphasis on Markov chain Monte Carlo. Although boom contains a few R utilities (mainly plotting functions), its primary purpose is to install the BOOM C++ library on your system so that other packages can link against it.
A special sonic boom focus prediction session is planned as part of
the 182nd Acoustical Society of America (ASA) meeting to be held from
23-27 May 2022 at the Sheraton Denver Downtown Hotel in Denver,
Colorado. The session is intended to cover the state-of-the-art for
predicting focused booms on the ground under aircraft
accelerations. Near-field waveforms would be provided and participants
are encouraged to apply their best practices for predicting sonic boom
ground signatures and thier associated metrics for the cases provided.
Latin America may be the most unequal region in the world, but it is the only region to significantly lower inequality over the past two decades, and the boom in commodity prices helped make it happen.
With the boom over, poverty rates are edging up in some Latin American countries, and job creation has slowed. The region needs to find new ways to raise its currently low revenue collection and allow for further spending on key social areas, such as education and healthcare. This will help sustain growth and fight inequality and poverty.
In our latest Regional Economic Outlook for Latin America, we show that poverty has decreased from about 27 to 12 percent, and inequality has decreased almost 11 percent across Latin America from 2000 to 2014. This period, commonly referred to as the commodity boom, saw the prices of commodities like oil, and metals, steadily increase thanks to growing demand from emerging market economies like China and India.
How did this happen? The booming commodity sector expanded and drew in labor, raising wages and employment. The demand for more workers also spilled over to other sectors, such as construction. At the same time, government revenues increased, which supported higher public investment and spurred job creation.
But, there are several potential drawbacks to doing this. First, in both Peru and Bolivia, some local governments with the biggest windfalls per capita began to accumulate large deposits during the boom, while acute investment needs existed in other regions with poor infrastructure and high levels of poverty.
This difficulty can be seen in the most important commodity-producing regions in Bolivia and Brazil, Tarija and Rio de Janeiro, respectively. They received huge commodity-related fiscal transfers during the boom but since the end of the boom, they have faced serious budgetary pressures as their revenues collapsed.
And since better education played an important role in reducing inequality and lifting people out of poverty during the boom, improving the quality of education will be critical to supporting further progress in a post-boom world.
Today, the computer/electronic segment is the dominant component of U.S. manufacturing construction. Importantly, the boom in this segment has not been offset by reduced spending on other manufacturing construction segments, which are largely consistent with long-term levels (Figure 3). In fact, construction for chemical, transportation, and food/beverage manufacturing is also up from 2022, albeit much less than the computer/electronic sector.
The cohort born during the post-World War II baby boom in the United States, referred to as the baby boomers, has been driving change in the age structure of the U.S. population since their birth. This cohort is projected to continue to influence characteristics of the nation in the years to come. The baby boomers began turning 65 in 2011 and are now driving growth at the older ages of the population. By 2029, when all of the baby boomers will be 65 years and over, more than 20 percent of the total U.S. population will be over the age of 65. Although the number of baby boomers will decline through mortality, this shift toward an increasingly older population is expected to endure. By 2056, the population 65 years and over is projected to become larger than the population under 18 years.
This report examines changes in the U.S. population over the coming decades, with a focus on the baby boom cohort and its future role in shaping the demographic composition of the United States. The size and structure of this population will have implications for researchers, policy makers, health care professionals, and others seeking to anticipate the influence that this generation may have on the American landscape as they move into retirement and old age.
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