the full paper
... USD454 billion in 2012 and USD510 billion in 2013. The rebased GDP, using updated prices and improved methodology, also reveals a more diversified economy than previously thought. The Nigerian economy now appears to be more diversified, with rising contributions of previously undocumented services ( ...
... USD454 billion in 2012 and USD510 billion in 2013. The rebased GDP, using updated prices and improved methodology, also reveals a more diversified economy than previously thought. The Nigerian economy now appears to be more diversified, with rising contributions of previously undocumented services ( ...
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH
... orientation opened up a new paradigm in the treatment of private capital and capital accumulation in theoretical and empirical discussions. The issue of capital flows is considered to be the most accessible route for economic growth whereby investment is regarded as the engine of growth. The worldwi ...
... orientation opened up a new paradigm in the treatment of private capital and capital accumulation in theoretical and empirical discussions. The issue of capital flows is considered to be the most accessible route for economic growth whereby investment is regarded as the engine of growth. The worldwi ...
Evaluating the Impact of One NorthEast
... Increasing the productive potential of the economy enables more goods and services to be produced, leading to higher potential consumption. This is long-term economic growth The Production Possibility Frontier (PPF) indicates the limits of an economy’s productive capacity ...
... Increasing the productive potential of the economy enables more goods and services to be produced, leading to higher potential consumption. This is long-term economic growth The Production Possibility Frontier (PPF) indicates the limits of an economy’s productive capacity ...
PDF
... reflects the reality of growing economic diversification amongst rural households. Thus, it could be argued that understanding the rural non-farm economy in context implies the use of broad methods useful in understanding rural societies in general, and the complex interrelationship between differen ...
... reflects the reality of growing economic diversification amongst rural households. Thus, it could be argued that understanding the rural non-farm economy in context implies the use of broad methods useful in understanding rural societies in general, and the complex interrelationship between differen ...
Eurozone: increasing uncertainty weighs on growth
... France: doubts remain about the sustainability of the recovery, but it may be moving at a relatively stable pace In 4Q15, activity grew at the steady rate of 0.3% QoQ (revised upwards by 0.1 pp), despite the negative impact of the terrorist attacks on private consumption and the negative effect of ...
... France: doubts remain about the sustainability of the recovery, but it may be moving at a relatively stable pace In 4Q15, activity grew at the steady rate of 0.3% QoQ (revised upwards by 0.1 pp), despite the negative impact of the terrorist attacks on private consumption and the negative effect of ...
The Investment Development Path Hypothesis
... The third stage of this Investment Development Path includes the so-called emerging countries. They exhibit a growing NOI position, due to an increased rate of growth of outward FDI and a gradual slowdown in inward FDI. This intermediate stage shows an increase in the economy’s income per capita, an ...
... The third stage of this Investment Development Path includes the so-called emerging countries. They exhibit a growing NOI position, due to an increased rate of growth of outward FDI and a gradual slowdown in inward FDI. This intermediate stage shows an increase in the economy’s income per capita, an ...
THE DETERMINANTS OF THE JAPANESE ECONOMIC GROWTH
... economists in the world and is presented as an example for developing countries. However, the last decade of the twentieth century did not close in beauty the exceptional postwar period of growth. On the contrary, it opens with the most serious economic and financial crisis of the half-century. Afte ...
... economists in the world and is presented as an example for developing countries. However, the last decade of the twentieth century did not close in beauty the exceptional postwar period of growth. On the contrary, it opens with the most serious economic and financial crisis of the half-century. Afte ...
OPTIMAL PUBLIC INVESTMENT, GROWTH, AND CONSUMPTION: EVIDENCE FROM AFRICAN COUNTRIES
... estimating procedures. The growth-maximizing level of public investment is estimated at about 10% of GDP based on System GMM estimation. The paper further runs simulations, obtaining the constant optimal public investment share that maximizes the sum of discounted consumption as between 8:1% and 9:6 ...
... estimating procedures. The growth-maximizing level of public investment is estimated at about 10% of GDP based on System GMM estimation. The paper further runs simulations, obtaining the constant optimal public investment share that maximizes the sum of discounted consumption as between 8:1% and 9:6 ...
MURAYA NORMAN NJUGUNA - University of Nairobi
... genesis in World Bank and other development partners linking persistent poverty and many development challenges to poor governance, weak institutions and rampant corruption. The term good governance has broad meaning, however key principles suffice among them participation of the citizenry in runnin ...
... genesis in World Bank and other development partners linking persistent poverty and many development challenges to poor governance, weak institutions and rampant corruption. The term good governance has broad meaning, however key principles suffice among them participation of the citizenry in runnin ...
The Uses and Limitations of Real GDP
... 1. The real GDP of one country must be converted into the same currency units as the real GDP of the other country. 2. The goods and services in both countries must be valued at the same prices. ...
... 1. The real GDP of one country must be converted into the same currency units as the real GDP of the other country. 2. The goods and services in both countries must be valued at the same prices. ...
First draft
... Whether the agglomeration forces are stronger or the dispersion force dominates, it depends on the parameters of the model, particularly on the degree of regional integration among the regions. Agglomeration and dispersion forces are influenced by the degree of freeness. The strength of agglomeratio ...
... Whether the agglomeration forces are stronger or the dispersion force dominates, it depends on the parameters of the model, particularly on the degree of regional integration among the regions. Agglomeration and dispersion forces are influenced by the degree of freeness. The strength of agglomeratio ...
Slide 1
... is an item that is produced by one firm, bought by another firm, and used as a component of a final good or service. Excluding the value of intermediate goods and services avoids counting the same value more than once. © 2012 Pearson Addison-Wesley ...
... is an item that is produced by one firm, bought by another firm, and used as a component of a final good or service. Excluding the value of intermediate goods and services avoids counting the same value more than once. © 2012 Pearson Addison-Wesley ...
Who Can Explain the Mauritian Miracle
... In the post-war period, few sub-Saharan African countries have made the transition to achieving high standards of living for their population. The record of sustained economic performance in sub-Saharan Africa (hereafter Africa) is not heartening. It is not that there have not been periods of sustai ...
... In the post-war period, few sub-Saharan African countries have made the transition to achieving high standards of living for their population. The record of sustained economic performance in sub-Saharan Africa (hereafter Africa) is not heartening. It is not that there have not been periods of sustai ...
the strategic roadmap for the production of consumer goods in
... development of the SMEs by 2020 is to achieve further improvement of business environment, simplified access for SMEs to financing opportunities and trade markets and ensure competitiveness, as well as increased contribution of the SMEs to economic development bringing up their business knowledge an ...
... development of the SMEs by 2020 is to achieve further improvement of business environment, simplified access for SMEs to financing opportunities and trade markets and ensure competitiveness, as well as increased contribution of the SMEs to economic development bringing up their business knowledge an ...
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.