Full-text
... transformation increases the tax base, leading to a rise in tax rates. The rise in both the tax base and tax rates increase the rate of government investment over time, which helps to offset or mediate the diminishing returns associated with a growing stock of public capital. Governments that place ...
... transformation increases the tax base, leading to a rise in tax rates. The rise in both the tax base and tax rates increase the rate of government investment over time, which helps to offset or mediate the diminishing returns associated with a growing stock of public capital. Governments that place ...
Document
... – If government intervention lowers the prevailing wage by 1 percent (e.g., from $10.00 to $9.90) then some number of workers who would have worked for $10.00 an hour opt for leisure at $9.90 an hour. – Defense spending, like other forms of government intervention, also makes the economy less effici ...
... – If government intervention lowers the prevailing wage by 1 percent (e.g., from $10.00 to $9.90) then some number of workers who would have worked for $10.00 an hour opt for leisure at $9.90 an hour. – Defense spending, like other forms of government intervention, also makes the economy less effici ...
Lecture 2 & 3
... Agricultural output per person at work Non-agricultural output per person at work GDP per head of population ...
... Agricultural output per person at work Non-agricultural output per person at work GDP per head of population ...
Thailand Economic Monitor
... Weighted average of Electricity and Petroleum Prices used by manufacturers* ...
... Weighted average of Electricity and Petroleum Prices used by manufacturers* ...
Forward thinking Contributing to the Middle East public sector A publication by
... Established in the region for over 30 year, PricewaterhouseCoopers’ Middle East network covers 13 jurisdictions: Bahrain, Iraq, Jordan, Egypt, Kuwait, Lebanon, Libya, Oman, Palestine, Qatar, Saudi Arabia, Syria, the United Arab Emirates, and has over 2000 people. Complementing our depth of industry ...
... Established in the region for over 30 year, PricewaterhouseCoopers’ Middle East network covers 13 jurisdictions: Bahrain, Iraq, Jordan, Egypt, Kuwait, Lebanon, Libya, Oman, Palestine, Qatar, Saudi Arabia, Syria, the United Arab Emirates, and has over 2000 people. Complementing our depth of industry ...
Euro-zone Economic Outlook January 2010: Lacklustre recovery (PDF, 48 KB)
... The recession in the euro-zone appears to be over. Real GDP increased in Q3 2009 by 0.4% after a fall of 0.1% in Q2. However, economic prospects remain subdued. Real GDP is forecasted to rise by 0.3% in Q4 2009, and by 0.2% in both Q1 2010 and Q2. In particular, the fading fiscal stimulus in the com ...
... The recession in the euro-zone appears to be over. Real GDP increased in Q3 2009 by 0.4% after a fall of 0.1% in Q2. However, economic prospects remain subdued. Real GDP is forecasted to rise by 0.3% in Q4 2009, and by 0.2% in both Q1 2010 and Q2. In particular, the fading fiscal stimulus in the com ...
Eco120Int Midterm1A
... Supply of goods and services always exceeds demand for goods and services. People’s consumption always rises when interest rates rise. Employees work more when their wages rise. Demand for goods and services rises when prices fall due to the wealth effect. ...
... Supply of goods and services always exceeds demand for goods and services. People’s consumption always rises when interest rates rise. Employees work more when their wages rise. Demand for goods and services rises when prices fall due to the wealth effect. ...
Comments on Athanasios Orphanides` The Quest For Prosperity
... and thus the conclusion • Potential GDP and its growth rate became politicized as early as the late 1960s • Serious economic analysts—like Burns and Greenspan—paid no attention to it • The series shows a GDP gap of 15 percent in the mid 1970s—comparable to the Great Depression! • Economists knew tha ...
... and thus the conclusion • Potential GDP and its growth rate became politicized as early as the late 1960s • Serious economic analysts—like Burns and Greenspan—paid no attention to it • The series shows a GDP gap of 15 percent in the mid 1970s—comparable to the Great Depression! • Economists knew tha ...
The Interdependence of Markets
... But after 1975, as Figure 1 shows, the trend turned downwards. In 1989 GGE as a percentage of GDP was 40.5 per cent – its lowest level for 22 years. However, the deep and protracted recession experienced by the UK in the early 1990s pushed expenditure rates back upwards again to reach 46.1 per cent ...
... But after 1975, as Figure 1 shows, the trend turned downwards. In 1989 GGE as a percentage of GDP was 40.5 per cent – its lowest level for 22 years. However, the deep and protracted recession experienced by the UK in the early 1990s pushed expenditure rates back upwards again to reach 46.1 per cent ...
Why The Economy Is A Lot Stronger Than You Think
... decision was overdue. Companies were spending more than $150 billion annually on software, far more than the $100 billion for computer hardware. And the software often stayed in use longer than the hardware. The fact that economists could go into stores and see software in brightly colored boxes rea ...
... decision was overdue. Companies were spending more than $150 billion annually on software, far more than the $100 billion for computer hardware. And the software often stayed in use longer than the hardware. The fact that economists could go into stores and see software in brightly colored boxes rea ...
Minister of Road, Tnmsport and Tourism of ... at the Ministerial Session of an Asian Pacific ...
... I Mongolia is landlocked and the least densely populated developing country with a population of 2.77 million. .Before 1990 our country had communist political system aligning to the Soviet Union and centrally planned economy. Beginning from 1990s we have chosen democratic government and free-market ...
... I Mongolia is landlocked and the least densely populated developing country with a population of 2.77 million. .Before 1990 our country had communist political system aligning to the Soviet Union and centrally planned economy. Beginning from 1990s we have chosen democratic government and free-market ...
Euro-zone Economic Outlook April 2014: Detailed analyses, figures and tables (PDF, 433 KB)
... continuing labor market slack and slow growth in real disposable income. Under the assumptions that the oil price stabilizes at USD 107 per barrel and that the euro/dollar exchange rate fluctuates around 1.38, the headline inflation is expected to increase marginally in the next two quarters, remain ...
... continuing labor market slack and slow growth in real disposable income. Under the assumptions that the oil price stabilizes at USD 107 per barrel and that the euro/dollar exchange rate fluctuates around 1.38, the headline inflation is expected to increase marginally in the next two quarters, remain ...
Turkey between Europe and the Middle East
... Accession of Austria, Finland, Sweden Copenhagen criteria established due to candidacy of numerous post-communist countries ...
... Accession of Austria, Finland, Sweden Copenhagen criteria established due to candidacy of numerous post-communist countries ...
Robust recovery under way - prospects for the polish economy
... A strong labour market continue to support private consumption, but tighter credit conditions, higher inflation and a peak in the property market should gradually begin to weigh on private consumption and hence growth – see page 5 . Investment growth, another key driver behind the economic expansion ...
... A strong labour market continue to support private consumption, but tighter credit conditions, higher inflation and a peak in the property market should gradually begin to weigh on private consumption and hence growth – see page 5 . Investment growth, another key driver behind the economic expansion ...
Reshaping Global Economic Governance:
... world, while the total amount actually invested is about US$800 billion (Battacharya and Romani, 2013) Currently, the bulk is provided via public (state) budgets The amount contributed per year from private sources of finance and development institutions is about US$250 billion G-24 estimates ...
... world, while the total amount actually invested is about US$800 billion (Battacharya and Romani, 2013) Currently, the bulk is provided via public (state) budgets The amount contributed per year from private sources of finance and development institutions is about US$250 billion G-24 estimates ...
Macroeconomic Performance
... This is the business sector and includes all firms that are responsible for producing the nation’s output. The investment sector receives its income through profits. ...
... This is the business sector and includes all firms that are responsible for producing the nation’s output. The investment sector receives its income through profits. ...
Establishing a Nation-dominating Supporting Mechanism for the Small-middle Sized Enterprises
... B.A unified Administrative Organization Need to Management the SMSE Now, since the Ministry of Science and Technology, the Ministry of Finance, the National Committees of Development and Reform all have its institutions to management the SMSE respectively but the main three organizations haven’t en ...
... B.A unified Administrative Organization Need to Management the SMSE Now, since the Ministry of Science and Technology, the Ministry of Finance, the National Committees of Development and Reform all have its institutions to management the SMSE respectively but the main three organizations haven’t en ...
test - Initiative for Policy Dialogue
... extent such a group existed, it was dominated by foreigners or ethnic minorities of relatively recent origin Certainly more recent that say Malaysia with its “bumiputra” promotion program At independence probably greater divorce than anywhere else between economic and political elites ...
... extent such a group existed, it was dominated by foreigners or ethnic minorities of relatively recent origin Certainly more recent that say Malaysia with its “bumiputra” promotion program At independence probably greater divorce than anywhere else between economic and political elites ...
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.