Shandong Information Industry and Economic Growth: An
... services in social and economic activities, and industrial clusters including information collection, production, testing, conversion, storage, transmission, processing, distribution, applications and so numerous sectors. Information industry is mainly made up of information industry, information se ...
... services in social and economic activities, and industrial clusters including information collection, production, testing, conversion, storage, transmission, processing, distribution, applications and so numerous sectors. Information industry is mainly made up of information industry, information se ...
East Africa Macroeconomic View
... United Kingdom’s decision on 23rd June to end its 43 year relationship with the 28 member state European Union, also known as BREXIT, took the world by surprise. On the morning of the poll results, the British pound shed over 8.0% against the dollar (a level last seen in 1985). The stock markets bot ...
... United Kingdom’s decision on 23rd June to end its 43 year relationship with the 28 member state European Union, also known as BREXIT, took the world by surprise. On the morning of the poll results, the British pound shed over 8.0% against the dollar (a level last seen in 1985). The stock markets bot ...
Economic and Strategy Viewpoint Schroders Keith Wade
... economies. Source: IMF, Schroders Economics Group. 10 August 2015. Please note the forecast warning at the back of the document. ...
... economies. Source: IMF, Schroders Economics Group. 10 August 2015. Please note the forecast warning at the back of the document. ...
Word
... new history of the Czech state. For the third year in a row the economic growth rate stands at 6.4% which is the yearly average and the CR thus joined the group of countries showing fast growth rates. Whereas the growth rate of GDP was in the CR by 3.6 p.p. higher than in the EU 27, the gap between ...
... new history of the Czech state. For the third year in a row the economic growth rate stands at 6.4% which is the yearly average and the CR thus joined the group of countries showing fast growth rates. Whereas the growth rate of GDP was in the CR by 3.6 p.p. higher than in the EU 27, the gap between ...
Ch. 10 Ppt: Measures of Economic Activity
... Excluded Activities GDP does not include some types of productive activities meaning that the GDP can actually understate economic activity and living standards Non-market activities: productive activities that take place outside the market place such as housework, unpaid child care and the wor ...
... Excluded Activities GDP does not include some types of productive activities meaning that the GDP can actually understate economic activity and living standards Non-market activities: productive activities that take place outside the market place such as housework, unpaid child care and the wor ...
FRBSF E L CONOMIC ETTER
... in Figure 2, productivity growth can be quite volatile from year to year. For example, labor productivity growth averaged an extremely high 3.5% in the years 2002 to 2004 but slowed to an average of 1.4% over the period 2005 to 2007. More recently, productivity growth surged to 2.9% in 2008. A furth ...
... in Figure 2, productivity growth can be quite volatile from year to year. For example, labor productivity growth averaged an extremely high 3.5% in the years 2002 to 2004 but slowed to an average of 1.4% over the period 2005 to 2007. More recently, productivity growth surged to 2.9% in 2008. A furth ...
income inequality and the informal
... expect more corrupt economies to understate income inequalities. To the extent that measures of income distribution reflect only officially reported income and thus miss the unreported income that we expect to be more unequally distributed than the officially reported income data, this bias arises.1 ...
... expect more corrupt economies to understate income inequalities. To the extent that measures of income distribution reflect only officially reported income and thus miss the unreported income that we expect to be more unequally distributed than the officially reported income data, this bias arises.1 ...
Week in Focus Bubble therapy: China set to follow Japan
... will drive up public debt. In Japan, public debt to GDP in 1990 was comparatively low at around 65%. Many years of supportive measures have changed that and debt now stands at 230% of GDP. ...
... will drive up public debt. In Japan, public debt to GDP in 1990 was comparatively low at around 65%. Many years of supportive measures have changed that and debt now stands at 230% of GDP. ...
Effects of Increasing Agricultural Productivity: A
... sectors, which reflects the normal pattern of structural change during economic development. Historically, Sri Lanka was an agricultural economy with agriculture accounting for more than 50 per cent of its GDP. Agriculture accounts for about one third of total employment and 23 per cent of total exp ...
... sectors, which reflects the normal pattern of structural change during economic development. Historically, Sri Lanka was an agricultural economy with agriculture accounting for more than 50 per cent of its GDP. Agriculture accounts for about one third of total employment and 23 per cent of total exp ...
Chapter 7 Gross Domestic Product and Measurements of Output
... c. Low Inflation – we want the prices in the economy to remain fairly stable. It erodes the growth obtained and can also interfere with investment and consumption spending (uncertainty) d. Standard of Living – the level of consumption goods and services on average people enjoy based on income. The e ...
... c. Low Inflation – we want the prices in the economy to remain fairly stable. It erodes the growth obtained and can also interfere with investment and consumption spending (uncertainty) d. Standard of Living – the level of consumption goods and services on average people enjoy based on income. The e ...
Parkin-Bade Chapter 30
... United States averaged 2 percent a year. Real GDP per person fell precipitously during the Great Depression and rose rapidly during World War II. Growth was most rapid during the 1960s. Growth slowed during the 1970s and sped up again in the 1980s and1990s. Figure 23.2 on the next slide illustrates. ...
... United States averaged 2 percent a year. Real GDP per person fell precipitously during the Great Depression and rose rapidly during World War II. Growth was most rapid during the 1960s. Growth slowed during the 1970s and sped up again in the 1980s and1990s. Figure 23.2 on the next slide illustrates. ...
Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers
... measured in efficiency units, from falling in absolute terms – by 32 percent – over the century. In contrast, the high-skilled wage rate rises by 18 percent. Middle-skilled workers see their wage rates, again measured in efficiency units, stagnate. In 2100, they are 1 percent lower than in 2005. Shu ...
... measured in efficiency units, from falling in absolute terms – by 32 percent – over the century. In contrast, the high-skilled wage rate rises by 18 percent. Middle-skilled workers see their wage rates, again measured in efficiency units, stagnate. In 2100, they are 1 percent lower than in 2005. Shu ...
Measuring a Nation`s Production and Income
... forced to sell some of our assets to individuals or governments in foreign countries. We give up more dollars from exports than we receive from imports. Excess dollars in the hands of foreigners are used to buy U.S. assets such as stocks, bonds or real estate. If a country runs a trade surplus with ...
... forced to sell some of our assets to individuals or governments in foreign countries. We give up more dollars from exports than we receive from imports. Excess dollars in the hands of foreigners are used to buy U.S. assets such as stocks, bonds or real estate. If a country runs a trade surplus with ...
Global economic conditions survey report: Q4, 2015
... they grew by just 4.3% in 2015, down from 4.9% in 2014 and around 8% in 2010. The most significant slowdown, in terms of its contribution to the global economy and its demand for commodities, has been in China. But Russia, Brazil and South Africa, three more of the biggest emerging markets, have als ...
... they grew by just 4.3% in 2015, down from 4.9% in 2014 and around 8% in 2010. The most significant slowdown, in terms of its contribution to the global economy and its demand for commodities, has been in China. But Russia, Brazil and South Africa, three more of the biggest emerging markets, have als ...
2.2. Sustainability of external positions
... of respondents in a recent survey by Ernst & Young (2012) indicated that Malta's attractiveness as a destination for foreign investment is related to its stable social climate and corporate taxation regime as well as the reliable and transparent regulatory environment. As Graph 4 illustrates, FDI in ...
... of respondents in a recent survey by Ernst & Young (2012) indicated that Malta's attractiveness as a destination for foreign investment is related to its stable social climate and corporate taxation regime as well as the reliable and transparent regulatory environment. As Graph 4 illustrates, FDI in ...
Difference Analysis of Liaoning Province’s Regional Financial Development
... decomposed the total difference. Despite the different conclusions of different scholars, but it is certain that between the financial development and economic growth exists the positive and close contact. However, by these documents it can be found that regional financial, that has the leading role ...
... decomposed the total difference. Despite the different conclusions of different scholars, but it is certain that between the financial development and economic growth exists the positive and close contact. However, by these documents it can be found that regional financial, that has the leading role ...
The size of the public sector
... the other Nordic countries are relatively straightforward. The greater the difference is between the Swedish social system and the countries to be compared, the greater degree of difficulty with comparisons. The public sector's value-added is equivalent to the sector's contribution to GDP. The secto ...
... the other Nordic countries are relatively straightforward. The greater the difference is between the Swedish social system and the countries to be compared, the greater degree of difficulty with comparisons. The public sector's value-added is equivalent to the sector's contribution to GDP. The secto ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... Third, Poland was able to reduce substantially its external debt service burden. Shortly after taking office in September 1989, the new government stopped making interest payments on medium- and long-term external obligations and announced its intention to seek a permanent reduction of Poland’s debt ...
... Third, Poland was able to reduce substantially its external debt service burden. Shortly after taking office in September 1989, the new government stopped making interest payments on medium- and long-term external obligations and announced its intention to seek a permanent reduction of Poland’s debt ...
Real GDP
... same; it is carried out in the USA. Only those looking for work are counted as unemployed. Those not working and not looking for work are not in the ...
... same; it is carried out in the USA. Only those looking for work are counted as unemployed. Those not working and not looking for work are not in the ...
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.