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Data tables in full.
Data tables in full.

... uncertainty over public policy has spiked; and investment intentions have deteriorated across several surveys. We continue to expect growth to be driven by the dual engines of household spending and business investment over the next few years. However, we have downgraded our forecast for GDP growth ...
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... the European Union and uncertainties in the economic prospects of the US, will experience growth rates of 1. 4% this year and possibly even higher next year. ...
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Welfare capitalism: the Swedish economy 1850-2005
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... The core economic goals of the Swedish model, 1950s and 1960s  Full employment, the unemployment rate varying between 1.5 and 2.5 per cent  Low inflation – about 3 per cent  High degree of cyclical stability  No balance of payment troubles No visible structural imbalances between various econo ...
Chapter 11
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... For the advanced industrialized economies, the major source of economic growth has been intensive (technology) rather than extensive (labor and capital) growth. Technological Progress: Moore’s Law Example  Economies are in a position to affect their growth through increases either in efficiency or ...
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... I (investment) = $12,000 G (government spending) = $24,000 X (exports) = $3,000 IM (imports) = 0.25Y T (taxes) = $0 a) What is the value of equilibrium GDP? b) As a result of lower interest rates, business investment increased by $100 million, what impact will this have on equilibrium GDP? Assume pr ...
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... such as foodstuffs and minerals. Examples include sugar, cocoa, timber, rubber and tin. This causes long-term problems as the prices of primary products have tended to fall when measured against imports of secondary (manufactured) and tertiary (services) products. Over-dependence on one or two ...
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copy for “deccan chronicle” of 07 07 2009
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... employment guarantee scheme has an increased expenditure of 140%. The fertilizer subsidy has been much misused in the past, and Mr. Mukherjee is to revamp it but gives no details of how and when he will do it. Other social expenditures and rural infrastructure also have big increases. There is menti ...
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... based on our assessment of macroeconomic indicators and a more certain policy outlook in the US. Fundamentals are improving At face value, output levels still remain below trend for most advanced economies. However, most fundamentals are improving: • External balance sheets are now under better cont ...
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... German firms seem keener to sustain progress in improving the bottom line than those in other major European economies. The proportions reporting that they were seeking to grow revenue or reduce costs fell notably, as elsewhere, but remained above 50% in both cases. Moreover, German firms are increa ...
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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.
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