2015 Quarter 1 BOTSWANA SNAPSHOT
... The single largest concern pertaining to Botswana’s sovereign risk is the country’s continuing reliance on the diamond mining industry, which exposes the economy to external global developments. The authorities are well aware of Botswana’s exposure to the diamond sector, and have implemented several ...
... The single largest concern pertaining to Botswana’s sovereign risk is the country’s continuing reliance on the diamond mining industry, which exposes the economy to external global developments. The authorities are well aware of Botswana’s exposure to the diamond sector, and have implemented several ...
Germany Prioritizes the Long-term Goal of Sustainability over
... way to the last multilateral round which was successfully concluded, the Uruguay Round. It also opened the door to an agreement on the World Trade Organization integrating the old agreement on trade in goods (GATT) into a broader system with multilateral agreements on trade in services (GATS) and in ...
... way to the last multilateral round which was successfully concluded, the Uruguay Round. It also opened the door to an agreement on the World Trade Organization integrating the old agreement on trade in goods (GATT) into a broader system with multilateral agreements on trade in services (GATS) and in ...
GDP: Does It Measure Up? - Federal Reserve Bank of St. Louis
... example, it might be useful to know that nominal GDP in the fourth quarter of 2012 was $15.864 trillion, but it is probably more meaningful to know that real GDP increased by 0.4 percent from the fourth quarter of 2011 to the fourth quarter of 2012; in other words, the economy grew, but only by a fr ...
... example, it might be useful to know that nominal GDP in the fourth quarter of 2012 was $15.864 trillion, but it is probably more meaningful to know that real GDP increased by 0.4 percent from the fourth quarter of 2011 to the fourth quarter of 2012; in other words, the economy grew, but only by a fr ...
Euro-zone recovery: resilient (PDF, 127 KB)
... Euro-zone GDP growth softened in Q4 2010 (to +0.3%, after +0.4% in Q3), due to a weather-related postponement of construction investment, notably in Germany and in France, and to a slowdown in global activity, which dampened the area export growth. Consumption rebounded at a rate of 0.4%, in part at ...
... Euro-zone GDP growth softened in Q4 2010 (to +0.3%, after +0.4% in Q3), due to a weather-related postponement of construction investment, notably in Germany and in France, and to a slowdown in global activity, which dampened the area export growth. Consumption rebounded at a rate of 0.4%, in part at ...
Chapter 12 PowerPoint
... of constant prices by choosing one year as a base year. When they calculate real GDP for other years, they use the prices from the base year. So we calculate the real GDP for Year 2 using the prices from Year 1: 10 cars at $15,000 each = $150,000 + 10 trucks at $20,000 each = $200,000 ...
... of constant prices by choosing one year as a base year. When they calculate real GDP for other years, they use the prices from the base year. So we calculate the real GDP for Year 2 using the prices from Year 1: 10 cars at $15,000 each = $150,000 + 10 trucks at $20,000 each = $200,000 ...
FRBSF E L CONOMIC ETTER
... (nominal) income on oranges. The chain-weighted measure of real GDP solves this problem by updating the weights in every period. For example, the growth rate between 1992 and 1993 is computed using prices that prevailed in 1992 and 1993, while the growth rate between 1997 and 1998 is computed using ...
... (nominal) income on oranges. The chain-weighted measure of real GDP solves this problem by updating the weights in every period. For example, the growth rate between 1992 and 1993 is computed using prices that prevailed in 1992 and 1993, while the growth rate between 1997 and 1998 is computed using ...
Implications of the reforms and liberalization Cont..
... For every year during 1990–2000, except 1999, inflation in Bangladesh was lower than the average for South Asia. All the other countries in South Asia faced double-digit inflation at some point during the decade, while Bangladesh managed to keep inflation at single-digit levels, and in some years be ...
... For every year during 1990–2000, except 1999, inflation in Bangladesh was lower than the average for South Asia. All the other countries in South Asia faced double-digit inflation at some point during the decade, while Bangladesh managed to keep inflation at single-digit levels, and in some years be ...
Report by the Secretariat - World Trade Organization
... increase in national production of crude oil and its price in the world market, and of the removal (towards the end of the year) of the subsidy on domestic crude sales to the Nigerian National Petroleum Corporation (NNPC) (Chapter IV(3)(i)(b)). This contrasts with the fall of 22.4% in 2002 due to lo ...
... increase in national production of crude oil and its price in the world market, and of the removal (towards the end of the year) of the subsidy on domestic crude sales to the Nigerian National Petroleum Corporation (NNPC) (Chapter IV(3)(i)(b)). This contrasts with the fall of 22.4% in 2002 due to lo ...
Economic Outlook for FY2008 and FY2009(revised to reflect the
... Notes: 1. FY = rate of change from the previous year. Half-year GDP = rate of change from the previous term p.a. (the GDP deflator = rate of change from the previous year). 2. Half-year corporate goods prices and half-year consumer prices = rate of change over a year ago. Consumer prices = nationwid ...
... Notes: 1. FY = rate of change from the previous year. Half-year GDP = rate of change from the previous term p.a. (the GDP deflator = rate of change from the previous year). 2. Half-year corporate goods prices and half-year consumer prices = rate of change over a year ago. Consumer prices = nationwid ...
Macroeconomics
... • US does not have a very high growth rate or either GDP or GDP per capita • With exception of the Great Depression, US growth has been very constant. • We will see when we discuss the colonial period that US standard of living was comparable to European standard of living from the beginning. ...
... • US does not have a very high growth rate or either GDP or GDP per capita • With exception of the Great Depression, US growth has been very constant. • We will see when we discuss the colonial period that US standard of living was comparable to European standard of living from the beginning. ...
Gross Domestic Product - White Plains Public Schools
... GDP, it must be made in that country. • It doesn’t matter if the factory is owned by a foreign company as long as the factory is located in the country where GDP will be calculated. E. Napp ...
... GDP, it must be made in that country. • It doesn’t matter if the factory is owned by a foreign company as long as the factory is located in the country where GDP will be calculated. E. Napp ...
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... output of car exhaust system manufacturers rises. The reverse also applies. GDP declines either when a construction company is forced into bankruptcy or when the Ministry of Health decides to shut a public hospital down. When thinking about the sources of growth it is very important to note that, in ...
... output of car exhaust system manufacturers rises. The reverse also applies. GDP declines either when a construction company is forced into bankruptcy or when the Ministry of Health decides to shut a public hospital down. When thinking about the sources of growth it is very important to note that, in ...
Download paper (PDF)
... productivity growth, and, more broadly, social and political institutions. Over time, all change. Actual growth also depends on the economy achieving sufficient demand: spending by households, investment by businesses, government spending net of revenues, and exports minus imports of goods and servi ...
... productivity growth, and, more broadly, social and political institutions. Over time, all change. Actual growth also depends on the economy achieving sufficient demand: spending by households, investment by businesses, government spending net of revenues, and exports minus imports of goods and servi ...
The Summary of the Annual Report of the Central Bank of Sri Lanka
... Looking ahead, the Sri Lankan economy is expected to maintain a high growth momentum in the medium term supported by an increase in investment, a favourable macroeconomic environment and continued recovery in the global economy. Sri Lanka’s economic progress in the medium term is not without challen ...
... Looking ahead, the Sri Lankan economy is expected to maintain a high growth momentum in the medium term supported by an increase in investment, a favourable macroeconomic environment and continued recovery in the global economy. Sri Lanka’s economic progress in the medium term is not without challen ...
3. Central Asian states “puzzles.”
... • Market reforms must be assessed not only by their own depth and maturity but, first of all, by their results. • The main criteria are their economic and social outcomes. From this point of view, it is possible to explain not only stagnation in economic reforms and increasing negative public opinio ...
... • Market reforms must be assessed not only by their own depth and maturity but, first of all, by their results. • The main criteria are their economic and social outcomes. From this point of view, it is possible to explain not only stagnation in economic reforms and increasing negative public opinio ...
Global economic conditions survey report: Q3, 2012
... the worst hit, followed by the public sector, large corporates, nonprofits and small financials. A comparison with the full historical series suggests that levels of business confidence are up from the lows of late 2011, and roughly similar to those seen just over a year ago. As a result of deterior ...
... the worst hit, followed by the public sector, large corporates, nonprofits and small financials. A comparison with the full historical series suggests that levels of business confidence are up from the lows of late 2011, and roughly similar to those seen just over a year ago. As a result of deterior ...
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.