This article reviews Industry 4.0, its emerging phase, implementation, challenges, benefits, etc. It combines various fields where it has any influence and leave some changes and where it require some adaptation. Papers from last 4 years are taken and analyzed, what is written about this topic in various countries with different backgrounds and economic development. Industry 4.0 affect production environment introducing new technologies which require better educated workforce so it affect education and requires some changes in curriculas and way of teaching. It brings new challenges and ask for new approach from management to be able to handle fast and big changes in business environment and to implement such innovation in production effectively.
This study seeks to test the existence of the crowding-out (or- in) hypothesis in a sample of 17 Emerging Europe countries divided in two panels. The study employs a panel autoregressive distributed lag (ARDL) model based on three estimators, Mean Group Estimator (MG), Pooled Mean Group (PMG) and Dynamic Fixed Effect (DFE), in order to evaluate the of stability of short run and long run coefficients using consistently compiled public borrowing and private investment data between 2000 and 2019. The empirical findings of the paper generally confirm the existence of a crowding out effect in both long run and short run in European post-transition countries, and in the long run for European transition countries. More specifically, elasticity of private investment with respect to public debt is greater in the European transition countries than in the European post-transition countries. However, the findings on the crowding out (in) effect of government spending and economic growth on private investment are mixed and conflicting in both the long run and the short run. Accordingly, the study recommends that selected countries should reassess their austerity agendas employed for lowering debt levels, and follow new strategies for managing public debt burden.
The purpose of this STEM Teaching Fellowship was to teach K‐6 students about the human body and to encourage and inspire curiosity about STEM. The one‐hour session took place via Zoom with 12 first grade students at the Boys and Girls Club STEM Lab. The students were presented with an interactive PowerPoint presentation explaining the anatomy and physiology of the human digestive system. Following the presentation, the students were given the opportunity to ask questions before moving on to the hands‐on activity. The purpose of the activity was to actively engage the students in learning about the role and importance of the digestive system. The students remained together in one room and they were put in groups of 2‐3 around a large rectangular table. The STEM director was on‐site to assist. The activity consisted of different stations where each station represented one component of the digestive system. To measure the students’ comprehension, they were asked several questions before moving on to each new station and this continued throughout the duration of the activity. The students were taught about the important of keeping their digestive system healthy and ways to achieve this goal. As a homework assignment they were asked to tell one person about something the learned during the session. Outreach for K‐6 students, especially during the COVID‐19 pandemic, is important because the students need to be exposed to STEM related subjects frequently for them to learn. It is important to continuously intellectually engage and interact with students via virtual learning and not wait until Face‐to‐Face opportunities are available.
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