Growth Rates
... • In contrast to earlier times, natural resources are a much less important determinant of productivity than human or physical capital for the great majority of countries in the modern world. • For example, some nations with very high real GDP per capita, such as Japan, have very few natural resourc ...
... • In contrast to earlier times, natural resources are a much less important determinant of productivity than human or physical capital for the great majority of countries in the modern world. • For example, some nations with very high real GDP per capita, such as Japan, have very few natural resourc ...
CHAPTER FIVE THE ”B` IN BRICS: UNLOCKING BRAZIL`S
... evolving, and the atomisation of power inherent in the complex multi-party political system is a large obstacle to rapid implementation of structural reforms. Corruption has also been a problem, draining budgetary resources, undermining the quality of public services and leading to frequent stalemat ...
... evolving, and the atomisation of power inherent in the complex multi-party political system is a large obstacle to rapid implementation of structural reforms. Corruption has also been a problem, draining budgetary resources, undermining the quality of public services and leading to frequent stalemat ...
Growing Our Economy through Innovation
... chip, has improved at outstanding rates compared to the inputs required to produce that chip. Improvements in semiconductor technology at ever lower cost have been foundational in making information technology ubiquitous today. And its impact has not only been seen on everyday consumer electronics; ...
... chip, has improved at outstanding rates compared to the inputs required to produce that chip. Improvements in semiconductor technology at ever lower cost have been foundational in making information technology ubiquitous today. And its impact has not only been seen on everyday consumer electronics; ...
PDF
... try to increase their production of marketed crops such as cashew and cotton or work as wage labour on plantations or in major investment programmes in Mozambique or the mines in South Africa. Portuguese colonisation intensified at the end of the 19th century, but Portugal did not have sufficient ca ...
... try to increase their production of marketed crops such as cashew and cotton or work as wage labour on plantations or in major investment programmes in Mozambique or the mines in South Africa. Portuguese colonisation intensified at the end of the 19th century, but Portugal did not have sufficient ca ...
Research on Differential Contribution of Industrial Structure to
... According to tab.1, all of the industrial structure component data of first and tertiary industries are negative numbers, which means that the growth speed of first and tertiary industries has already lagged behind that of regional economy in southern Jangsu Province. The industrial structure compon ...
... According to tab.1, all of the industrial structure component data of first and tertiary industries are negative numbers, which means that the growth speed of first and tertiary industries has already lagged behind that of regional economy in southern Jangsu Province. The industrial structure compon ...
Privatizating the Public Business Sector in the Eighties: Economic Performance, Partisan Responses and Divided Governments
... For thirty years after the war, the developed world was committed to relatively stable policies and policy-making institutions to spur economic growth.1 On the one hand, policy-makers, embracing Keynesian prescriptions, relied on expansionary fiscal policies to smooth the business cycle.2 On the ot ...
... For thirty years after the war, the developed world was committed to relatively stable policies and policy-making institutions to spur economic growth.1 On the one hand, policy-makers, embracing Keynesian prescriptions, relied on expansionary fiscal policies to smooth the business cycle.2 On the ot ...
FRBSF E L CONOMIC ETTER
... across industries. For example, while the share of manufacturing in total U.S. GDP has remained roughly constant over the past 50 years, rising productivity in manufacturing means that this level of production can be achieved with fewer and fewer workers.Thus, employment in manufacturing as a share ...
... across industries. For example, while the share of manufacturing in total U.S. GDP has remained roughly constant over the past 50 years, rising productivity in manufacturing means that this level of production can be achieved with fewer and fewer workers.Thus, employment in manufacturing as a share ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... in real terms during these years. Regarding international reserves, it had always been at the two-digit level before 1968. The relatively large level of foreign reserves achieved in 1970 ($394 million; i.e., almost five months of imports) was considered by the Frei government as an indicator of resp ...
... in real terms during these years. Regarding international reserves, it had always been at the two-digit level before 1968. The relatively large level of foreign reserves achieved in 1970 ($394 million; i.e., almost five months of imports) was considered by the Frei government as an indicator of resp ...
Impact of Arms Production on Income Distribution Looney, R.E.
... How can these differential impacts of the defense burdenincreased investment and reduced consumption-associated with increased defense burdens in the arms-producing countries and vice versa for nonproducers, be explained? Interestingly enough, these results are consistent with those likely to be fou ...
... How can these differential impacts of the defense burdenincreased investment and reduced consumption-associated with increased defense burdens in the arms-producing countries and vice versa for nonproducers, be explained? Interestingly enough, these results are consistent with those likely to be fou ...
Press Release
... Output, new orders and new export business in the Taiwanese manufacturing sector all continued to expand over the month, albeit at weaker rates than in August. Consequently, payroll growth eased to a modest pace, while backlogs of work rose at the slowest rate since June. South Korean manufacturing ...
... Output, new orders and new export business in the Taiwanese manufacturing sector all continued to expand over the month, albeit at weaker rates than in August. Consequently, payroll growth eased to a modest pace, while backlogs of work rose at the slowest rate since June. South Korean manufacturing ...
Structural constraints and determinants of economic growth in Cuba
... decentralized the economy is, and provides estimates, alternatively, of the sectoral and aggregate models that can be used to account for the growth trends seen in the Cuban production sector during the period in question. Section V presents the main findings of the study. ...
... decentralized the economy is, and provides estimates, alternatively, of the sectoral and aggregate models that can be used to account for the growth trends seen in the Cuban production sector during the period in question. Section V presents the main findings of the study. ...
Appendix 4 Outcome 4: Decent employment through inclusive
... extremely slow growth from 1976 to 1984. Moreover, since 1994 employment creation has picked up, so that the share of working age adults with employment stabilised at just over 40% after falling from the late 1970s through 1994. Still, the global norm is around 60%, and jobs growth has not been stro ...
... extremely slow growth from 1976 to 1984. Moreover, since 1994 employment creation has picked up, so that the share of working age adults with employment stabilised at just over 40% after falling from the late 1970s through 1994. Still, the global norm is around 60%, and jobs growth has not been stro ...
Chapter 2: The U.S. Economy: A Global View Solutions Manual
... producing fewer goods today than in earlier decades. In fact, certain industries such as chemicals, publishing, and telecommunications equipment have grown substantially. The result is that manufacturing output has actually increased fourfold since 1950. This same type of growth has occurred in the ...
... producing fewer goods today than in earlier decades. In fact, certain industries such as chemicals, publishing, and telecommunications equipment have grown substantially. The result is that manufacturing output has actually increased fourfold since 1950. This same type of growth has occurred in the ...
Policy Strategies for Economic Development in Cuba
... The model is composed by four main blocks interacting with each other: (1) production; (2) science and technology (S&T); (3) education and human capital; (4) population and health. These blocks represent four major engines of economic development that have been extensively investigated by the econo ...
... The model is composed by four main blocks interacting with each other: (1) production; (2) science and technology (S&T); (3) education and human capital; (4) population and health. These blocks represent four major engines of economic development that have been extensively investigated by the econo ...
The Three Macroeconomic Ills
... measure of the depreciation of the capital stock in a year due to normal wear and tear, fires, or other accidents. Net Investment: Gross Investment minus CCA. Indirect business taxes: taxes collected by businesses for government units, such as taxes on entertainment, motels, groceries, liquor, cig ...
... measure of the depreciation of the capital stock in a year due to normal wear and tear, fires, or other accidents. Net Investment: Gross Investment minus CCA. Indirect business taxes: taxes collected by businesses for government units, such as taxes on entertainment, motels, groceries, liquor, cig ...
E-Views Actions in Homework #1
... Generate Annualized Rates of Growth The data file that has been provided has quarterly data. The GDP figures are quarterly data at annual rates, meaning that they have been multiplied by four to transform the measured output in the quarter to the equivalent annual series. Something also has to be do ...
... Generate Annualized Rates of Growth The data file that has been provided has quarterly data. The GDP figures are quarterly data at annual rates, meaning that they have been multiplied by four to transform the measured output in the quarter to the equivalent annual series. Something also has to be do ...
GDP deflator
... individual households and firms make decisions and how they interact with one another in markets. Macroeconomics is the study of the economy as a whole. Its goal is to explain the economic changes that affect many households, firms, and markets at the same time. ...
... individual households and firms make decisions and how they interact with one another in markets. Macroeconomics is the study of the economy as a whole. Its goal is to explain the economic changes that affect many households, firms, and markets at the same time. ...
Lecture2 - Stanford University
... East Asia has done exceptionally well in the post-war period, despite relatively unfavorable natural resource endowment and population density. How has it been able to achieve this economic growth? Philippines is the only economy in East Asia that has not achieved an economic take-off into self- ...
... East Asia has done exceptionally well in the post-war period, despite relatively unfavorable natural resource endowment and population density. How has it been able to achieve this economic growth? Philippines is the only economy in East Asia that has not achieved an economic take-off into self- ...
Real GDP
... wages, salaries, rental income, and profits to those who supplied resources necessary to produce the additional consumer goods. ...
... wages, salaries, rental income, and profits to those who supplied resources necessary to produce the additional consumer goods. ...
Chinese economic reform
The Chinese economic reform (simplified Chinese: 改革开放; traditional Chinese: 改革開放; pinyin: Gǎigé kāifàng; literally: ""Reform & Opening up"") refers to the program of economic reforms called ""Socialism with Chinese characteristics"" in the People's Republic of China (PRC) that was started in December 1978 by reformists within the Communist Party of China (CPC) led by Deng Xiaoping.China had one of the world's largest and most advanced economies prior to the nineteenth century. In the 18th century, Adam Smith claimed China had long been one of the richest, that is, one of the most fertile, best cultivated, most industrious, most prosperous and most urbanized countries in the world. The economy stagnated since the 16th century and even declined in absolute terms in the nineteenth and much of the twentieth century, with a brief recovery in the 1930s.Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses. However, most industry remained state-owned. The second stage of reform, in the late 1980s and 1990s, involved the privatization and contracting out of much state-owned industry and the lifting of price controls, protectionist policies, and regulations, although state monopolies in sectors such as banking and petroleum remained. The private sector grew remarkably, accounting for as much as 70 percent of China gross domestic product by 2005. From 1978 until 2013, unprecedented growth occurred, with the economy increasing by 9.5% a year. The conservative Hu-Wen Administration more heavily regulated and controlled the economy after 2005, reversing some reforms.The success of China's economic policies and the manner of their implementation has resulted in immense changes in Chinese society. Large-scale government planning programs alongside market characteristics have minimized poverty, while incomes and income inequality have increased, leading to a backlash led by the New Left. In the academic scene, scholars have debated the reason for the success of the Chinese ""dual-track"" economy, and have compared them to attempts to reform socialism in the East Bloc and the Soviet Union, and the growth of other developing economies.