Current State and Future of Japanese Economy (with Appendix)
... Note 2: EBA stress test 2016 lists follow ing stress items: ① Unw inding of risk premium expansion on global capital markets, ② Earnings deteriorate in banking and insurance industry due to continuation of low -grow th, low -interest environment, ③ Amplification of concerns regarding debts held ...
... Note 2: EBA stress test 2016 lists follow ing stress items: ① Unw inding of risk premium expansion on global capital markets, ② Earnings deteriorate in banking and insurance industry due to continuation of low -grow th, low -interest environment, ③ Amplification of concerns regarding debts held ...
The Driving Forces of Economic Growth: Panel Data
... States, the technology leader – have experienced an acceleration in growth of GDP per capita, but other major economies have lagged behind, raising questions as to the role of technological progress as well as policy and institutions. This paper aims at shedding some light on these issues by present ...
... States, the technology leader – have experienced an acceleration in growth of GDP per capita, but other major economies have lagged behind, raising questions as to the role of technological progress as well as policy and institutions. This paper aims at shedding some light on these issues by present ...
- UNI 104 Understanding Nature and Knowledge
... Trends in human capital USA : 1,426,600 Researchers EU : 1,448,300 Researchers China : 1,423,400 Researchers Japan : 710,000 Researchers Germany : 290,000 Researchers UK : 254,000 Researchers France : 215,800 Researchers R. of Korea : 221,900 Researchers ...
... Trends in human capital USA : 1,426,600 Researchers EU : 1,448,300 Researchers China : 1,423,400 Researchers Japan : 710,000 Researchers Germany : 290,000 Researchers UK : 254,000 Researchers France : 215,800 Researchers R. of Korea : 221,900 Researchers ...
Guebeli-sde05-s 1001281 en
... and construction sectors' contribution to GDP is only about 15%, but they both follow highly volatile tracks that are largely uncorrelated with the rest of the economy. Therefore, our new multi-sectoral approach should give superior results whenever the banking or the construction sector deviate st ...
... and construction sectors' contribution to GDP is only about 15%, but they both follow highly volatile tracks that are largely uncorrelated with the rest of the economy. Therefore, our new multi-sectoral approach should give superior results whenever the banking or the construction sector deviate st ...
NBER WORKING PAPER SERIES LINKING EXTERNAL SECTOR IMBALANCES AND CHANGING FINANCIAL
... data. Importantly, we use data on trade imbalances and current account imbalances from national Balance of Payment (BOP) sources without reconciling statistical differences in global trade data. Thus, present available data on international trade, both in goods a ...
... data. Importantly, we use data on trade imbalances and current account imbalances from national Balance of Payment (BOP) sources without reconciling statistical differences in global trade data. Thus, present available data on international trade, both in goods a ...
Asia Economics Analyst
... IV. How will infrastructure impact the current account? ASEAN’s rising infra spending can act to reduce current account surpluses. Given that the current account is the difference between domestic savings and domestic investments, a current account surplus suggests an excess of savings. To the exten ...
... IV. How will infrastructure impact the current account? ASEAN’s rising infra spending can act to reduce current account surpluses. Given that the current account is the difference between domestic savings and domestic investments, a current account surplus suggests an excess of savings. To the exten ...
State of the Economy: An Overview
... However, the story changed remarkably after 2007-08, the year that marked the global financial crisis. The share of consumption remained more or less the same for the high-income economies, but for a one-off spike in 2009 (which was not because of any growth in consumption, but on account of a signi ...
... However, the story changed remarkably after 2007-08, the year that marked the global financial crisis. The share of consumption remained more or less the same for the high-income economies, but for a one-off spike in 2009 (which was not because of any growth in consumption, but on account of a signi ...
4.4. Implementation of macro
... inequality in Georgia remains relatively high, with a Gini coefficient of 40.1 in 2014. While the strengthening of social safety nets has been a welcome development, it has also put pressure on public expenditure. In 4 years, spending on health has doubled, from 1.6 % of GDP in 2012 to over 3 % in ...
... inequality in Georgia remains relatively high, with a Gini coefficient of 40.1 in 2014. While the strengthening of social safety nets has been a welcome development, it has also put pressure on public expenditure. In 4 years, spending on health has doubled, from 1.6 % of GDP in 2012 to over 3 % in ...
Household, Private and Public Savings and
... gross domestic savings and household investment contributing 30 to 40 percent of total gross domestic investment. Studies which do not explicitly detail the household sector in empirical analysis will not only miss these important effects, but the estimates will be subject to misspecification bias. ...
... gross domestic savings and household investment contributing 30 to 40 percent of total gross domestic investment. Studies which do not explicitly detail the household sector in empirical analysis will not only miss these important effects, but the estimates will be subject to misspecification bias. ...
WORD - UNCTAD Virtual Institute
... Figure 9: Structural changes in the composition of employment in agriculture and annual growth rates of GDP per capita, 1991–2012 (per cent and percentage points) ......................................... 23 Figure 10: Structural changes in the composition of employment in industry and annual growth ...
... Figure 9: Structural changes in the composition of employment in agriculture and annual growth rates of GDP per capita, 1991–2012 (per cent and percentage points) ......................................... 23 Figure 10: Structural changes in the composition of employment in industry and annual growth ...
DETERMINANTS OF FOREIGN DIRECT INVESTMENT FLOWS TO
... competitors are engaged in similar activities. On the other hand, governments are also engaged in a policy competition by changing key factors of their economic policies, such as domestic labour market conditions, corporate taxes, tariff barriers, subsides, privatization and regulatory regime police ...
... competitors are engaged in similar activities. On the other hand, governments are also engaged in a policy competition by changing key factors of their economic policies, such as domestic labour market conditions, corporate taxes, tariff barriers, subsides, privatization and regulatory regime police ...
What Do We Learn From Schumpeterian Growth Theory?
... time interval between two successive innovations). And let Vk+1 denote the net present value of becoming the next ((k + 1)th) innovator. During a small time interval dt,between the kth and (k+1)th innovations,an individual faces the following choices: Either she employs her (flow) unit of labor for ...
... time interval between two successive innovations). And let Vk+1 denote the net present value of becoming the next ((k + 1)th) innovator. During a small time interval dt,between the kth and (k+1)th innovations,an individual faces the following choices: Either she employs her (flow) unit of labor for ...
Burnside and Dolar (2000) analyses the relationship among
... declines when there is a windfall of resources (increase in the productivity or improvement in the terms of trade). Tornell and Lane (1999) present a similar model where there are two sector in the economy: the formal sector, where productivity is high and firms pay taxes, and the shadow sector, whe ...
... declines when there is a windfall of resources (increase in the productivity or improvement in the terms of trade). Tornell and Lane (1999) present a similar model where there are two sector in the economy: the formal sector, where productivity is high and firms pay taxes, and the shadow sector, whe ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... steady process which involves rising of output of goods and services in the economy. Growth is meaningful when the rate of growth is much higher than population growth because it has to lead to improvement in human welfare. Therefore, growth is seen as a steady process of increasing the productive c ...
... steady process which involves rising of output of goods and services in the economy. Growth is meaningful when the rate of growth is much higher than population growth because it has to lead to improvement in human welfare. Therefore, growth is seen as a steady process of increasing the productive c ...
chapter one introudction
... This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using timeseries data over the period 1970-2007, we show that output growth of the Nigeria economy is a functio ...
... This research work studies the international competitiveness of the Nigerian economy in the global market by analyzing the relationship between trade openness and output growth in Nigeria. Using timeseries data over the period 1970-2007, we show that output growth of the Nigeria economy is a functio ...
`Beyond GDP` indicators?
... countries: France, the Netherlands, Germany, the Czech Republic and Wales; as well as at the EU and OECD level. ...
... countries: France, the Netherlands, Germany, the Czech Republic and Wales; as well as at the EU and OECD level. ...
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.