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Monetary Policy Report - April 2017
Monetary Policy Report - April 2017

... other than China . 3 China, meanwhile, is expected to see a slowing in potential output growth, reflecting the structural transition away from investment-led growth and, to a lesser extent, the effects of an aging population . The rise in global potential output growth is somewhat weaker than previou ...
UK BUSINESS CONFIDENCE MONITOR Q1 2009 East England Summary Report
UK BUSINESS CONFIDENCE MONITOR Q1 2009 East England Summary Report

... we have experienced recession; however, the globalised nature of business today combined with our recent reliance on the now fraught Financial Services sector as the driver of our economic prosperity gives previously unseen dimensions to the situation. Surviving the downturn in business requires car ...
economic growth in paraguay - Global Development Network
economic growth in paraguay - Global Development Network

... Paraguay lags significantly behind most of its neighbors. The current conditions of Paraguay, which are the likely outcome of a long history of unsustainable macroeconomic imbalances, policy reversals, bad policies and political repression and turmoil, can be ascertained by looking at the current st ...
the full paper
the full paper

... Moçambicana). Global economic instability further undermined initial economic progress and, with economic support from the Soviet Union to FRELIMO, the conflict widened during the 1980s. Without exaggeration, the 1980s were miserable for most Mozambicans. No less than one million people lost their l ...
16.3 theories of economic growth
16.3 theories of economic growth

Shanghai as an International Financial Center
Shanghai as an International Financial Center

Structural adjustment in New Zealand since the commodity boom AN 2014/2
Structural adjustment in New Zealand since the commodity boom AN 2014/2

... The boost to incomes, profits and related wealth effects originating in the booming sector will also raise aggregate demand (often referred to as spending effects). Some of the additional aggregate demand will be met through higher imports, and some portion of the higher incomes from commodity expor ...
PDF
PDF

... generates direct and indirect effects often promoting growth in a country’s GDP, which can be ...
PDF
PDF

... would expect higher output level under global FTA than under regional FTA scenario. The only exception is the case where China’s total factor productivity is exogenously increased by 4 per cent. In this scenario the long-run total output level of China is higher than in the world FTA scenario. Other ...
The curse of natural resources * Natural Resources and Economic Development
The curse of natural resources * Natural Resources and Economic Development

... GDP after this process had been unfolding for a while. We would tend to "nd a negative association between growth and natural resources as a share of the economy. But in our special example, this negative association would be driven by geography which we do not observe, and not by any inherent penal ...
In Search of Potential GDP
In Search of Potential GDP

... The range of future potential growth essentially reflects different visions of the opportunities and challenges for the U.S. economy. Both optimists like John Fernald of the Federal Reserve Bank of San Francisco who argues that the development of modern technologies, such as artificial intelligence, ...
Impact of Investment in Kenya`s Priority Sectors
Impact of Investment in Kenya`s Priority Sectors

... Kenya’s economic growth history, just like many African economies, has been episodic. The country’s growth performance can be sub-divided into three major broad phases: a rapid growth phase over 1964-73; an era of external shocks over 1974-89 dominated by oil price shocks, a coffee boom and structur ...
S0600631_en.pdf
S0600631_en.pdf

... beginning of the century. For the last 20 years, growth has been very volatile; lately, the region has been falling behind more dynamic developing regions. The structural and macroeconomic reforms implemented in many Latin American countries during the 1990s, opening their economies in an attempt of ...
Government Spending and Economic Growth in Tanzania, 1965-1996
Government Spending and Economic Growth in Tanzania, 1965-1996

... question is whether or not public sector spending increases the long run steady state growth rate of the economy. The general view is that public expenditure, notably on physical infrastructure or human capital, can be growth-enhancing although the financing of such expenditures can be growth-retard ...
Gross Domestic Product
Gross Domestic Product

... currency units as the real GDP of the other country, so an exchange rate must be used. ...
Real GDP and the Price Level
Real GDP and the Price Level

... currency units as the real GDP of the other country, so an exchange rate must be used. ...
MEASURING GDP AND ECONOMIC GROWTH
MEASURING GDP AND ECONOMIC GROWTH

Growth domestic product
Growth domestic product

... currency units as the real GDP of the other country, so an exchange rate must be used. ...
The now-ended long boom in the US, which combined high... unemployment, low inflation and a surplus on the government’s budget,
The now-ended long boom in the US, which combined high... unemployment, low inflation and a surplus on the government’s budget,

... The now-ended long boom in the US, which combined high GDP growth, low unemployment, low inflation and a surplus on the government’s budget, provided the basis for “new economy” theorists to argue that technological change is transforming the nature of current day capitalism. According to them, econ ...
measuring GDP
measuring GDP

... currency units as the real GDP of the other country, so an exchange rate must be used. ...
Chapter 2
Chapter 2

... Figure 2-4 yields two conclusions:  The CPI and the GDP deflator move together most of the time. In most years, the two inflation rates differ by less than 1%.  There are clear exceptions, however. In both 1974 and in the late 1970s, the increase in the CPI was significantly larger than the increa ...
Document
Document

Consistent Level Aggregation and Growth Decomposition of Real GDP
Consistent Level Aggregation and Growth Decomposition of Real GDP

Chapter 10
Chapter 10

... As incomes increase, the birth rate decreases and the death rate decreases. These opposing forces are offsetting, so the rate of population growth is independent of the rate of economic growth. The historical population trends contradict the views of the classical economists. ...
Bade_Parkin_Macro_Lecture_CH10
Bade_Parkin_Macro_Lecture_CH10

... As incomes increase, the birth rate decreases and the death rate decreases. These opposing forces are offsetting, so the rate of population growth is independent of the rate of economic growth. The historical population trends contradict the views of the classical economists. ...
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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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