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... and other foreign inflows. An average of 4.9% GDP growth and a per capita GDP growth of about 2.9% have been recorded for the best part of that period. While the growth performance may not be exceptional this has been significantly above average by African standards. In their study of the “Drivers o ...
... and other foreign inflows. An average of 4.9% GDP growth and a per capita GDP growth of about 2.9% have been recorded for the best part of that period. While the growth performance may not be exceptional this has been significantly above average by African standards. In their study of the “Drivers o ...
Thailand Economic Update
... Thailand is a middle income country with per capita income of about $5500. Exports of goods and services account for 70% of GDP. Public debt is low at 43% of GDP but rising as the budget deficit is expected to average about 3-4% per year given ambitious infrastructure investment plans estimated to ...
... Thailand is a middle income country with per capita income of about $5500. Exports of goods and services account for 70% of GDP. Public debt is low at 43% of GDP but rising as the budget deficit is expected to average about 3-4% per year given ambitious infrastructure investment plans estimated to ...
India Since Independence: An Analytic Growth Narrative
... (and many others at the time) saw as the successful mobilization of resources for development by the Soviet Union. In the shadow of the Great Depression only a decade past, it seemed naïve to believe that the private sector could successfully and reliably generate the investment that a growing econo ...
... (and many others at the time) saw as the successful mobilization of resources for development by the Soviet Union. In the shadow of the Great Depression only a decade past, it seemed naïve to believe that the private sector could successfully and reliably generate the investment that a growing econo ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... capital goods and hence, the economy grows faster. Further, global competition induces the industries that export goods to keep the cost of production comparatively low and to improve the technological change, thereby, accelerating economic growth. On the other hand, the economic growth also acceler ...
... capital goods and hence, the economy grows faster. Further, global competition induces the industries that export goods to keep the cost of production comparatively low and to improve the technological change, thereby, accelerating economic growth. On the other hand, the economic growth also acceler ...
The Necessity and Policy Options of Finance in the Development... Low-carbon Economy in China
... should be spread within the whole society, which requires the government financial support. 2.2 Low-carbon production technology research and development often requires significant capital investment, and economic benefits will not be immediate. Thus single enterprise lack investment power, ability, ...
... should be spread within the whole society, which requires the government financial support. 2.2 Low-carbon production technology research and development often requires significant capital investment, and economic benefits will not be immediate. Thus single enterprise lack investment power, ability, ...
GDP growth forecast - Statistics Singapore
... The information & communications sector expanded by 1.2 per cent year-on-year, as compared to the 3.1 per cent growth in the previous quarter. Growth was weighed down by the weak performance of the publishing and broadcasting industries, whereas the performance of the IT & information services segm ...
... The information & communications sector expanded by 1.2 per cent year-on-year, as compared to the 3.1 per cent growth in the previous quarter. Growth was weighed down by the weak performance of the publishing and broadcasting industries, whereas the performance of the IT & information services segm ...
FACTOR PRODUCTIVITY AND EFFICIENCY OF THE VIETNAMESE ECONOMY IN TRANSITION
... economy in Viet Nam. The Asian financial crisis, which originated in Thailand and expanded to other East Asian countries, led to trade and investment disruptions. The Vietnamese economy was not directly hit by this crisis, thanks to strong capital controls. However, the reduction in foreign direct i ...
... economy in Viet Nam. The Asian financial crisis, which originated in Thailand and expanded to other East Asian countries, led to trade and investment disruptions. The Vietnamese economy was not directly hit by this crisis, thanks to strong capital controls. However, the reduction in foreign direct i ...
The Income Disparities between China, Hong Kong and Macau
... Non-Technical Summary Hong Kong and Macau were re-united with China in the late 1990s as two special administrative regions (SARs). Over the last half century, they were China’s good examples of economic development, windows of openness and investors. Due to historical reasons, China lagged far beh ...
... Non-Technical Summary Hong Kong and Macau were re-united with China in the late 1990s as two special administrative regions (SARs). Over the last half century, they were China’s good examples of economic development, windows of openness and investors. Due to historical reasons, China lagged far beh ...
The World in Balance Sheet Recession
... Exhibit 35. Exit Problem (II): German Private Sector Refused to Borrow Money after 1999-2000 Telecom Bubble Financial Surplus or Deficit by Sector ...
... Exhibit 35. Exit Problem (II): German Private Sector Refused to Borrow Money after 1999-2000 Telecom Bubble Financial Surplus or Deficit by Sector ...
latin america advisor agriculture
... and Venezuela continue to worsen. These countries are projected to decrease 4% and 10% respectively. However, in 2017, an increase of 2.1% is projected as hopes are high that the two worst performing economies will improve from changes in fiscal and governmental policy. Regional credit ratings are m ...
... and Venezuela continue to worsen. These countries are projected to decrease 4% and 10% respectively. However, in 2017, an increase of 2.1% is projected as hopes are high that the two worst performing economies will improve from changes in fiscal and governmental policy. Regional credit ratings are m ...
Tarik Yousef, Development, Growth and Policy Reform in the Middle
... same time, the escalation of anticolonial movements created incentives among nationalist elites to support mass incorporation into the political arena. For example, in Tunisia, a powerful trade union movement, the UGTT, was closely linked to the leading nationalist political party, the Neo-Destour, ...
... same time, the escalation of anticolonial movements created incentives among nationalist elites to support mass incorporation into the political arena. For example, in Tunisia, a powerful trade union movement, the UGTT, was closely linked to the leading nationalist political party, the Neo-Destour, ...
Ghana’s Economy at Half Century: By
... macroeconomic targets’ were met, namely real GDP growth and gross international reserves. The targets set for the domestic primary balance, inflation and the overall budget deficit were not achieved. But more important is the fact, that to a very large extent the performance is still driven largely ...
... macroeconomic targets’ were met, namely real GDP growth and gross international reserves. The targets set for the domestic primary balance, inflation and the overall budget deficit were not achieved. But more important is the fact, that to a very large extent the performance is still driven largely ...
instructional objectives
... prices. Because the long-term trend has been for prices to rise, adjusting Nominal GDP to Real GDP involves inflating the lower prices before the base year and deflating the higher prices after the base year. 4. Real GDP values allow more direct comparison of physical output from one year to the nex ...
... prices. Because the long-term trend has been for prices to rise, adjusting Nominal GDP to Real GDP involves inflating the lower prices before the base year and deflating the higher prices after the base year. 4. Real GDP values allow more direct comparison of physical output from one year to the nex ...
Document
... equilibrium needn’t be Pareto optimal. This results from the exogenous savings rate. Too high savings rate leads to excessive capital accumulation. The savings rate does not affect the pace of economic growth in the steady-state, but it influences the equilibrium level of income (higher savings ra ...
... equilibrium needn’t be Pareto optimal. This results from the exogenous savings rate. Too high savings rate leads to excessive capital accumulation. The savings rate does not affect the pace of economic growth in the steady-state, but it influences the equilibrium level of income (higher savings ra ...
subject: Entrepreneurship A STUDY TO ASSESS THE
... MSMEs have been globally accepted as an engine of economic growth for promoting equitable development and have emerged as the single most important sector generating employment next only to the agricultural sector. They encompass a heterogeneous group of activities in the manufacturing, services, tr ...
... MSMEs have been globally accepted as an engine of economic growth for promoting equitable development and have emerged as the single most important sector generating employment next only to the agricultural sector. They encompass a heterogeneous group of activities in the manufacturing, services, tr ...
... time series of this source were supplemented with the inflation rate data from an earlier version of the Beck et al. dataset. Also, and unlike previous dynamic panel studies of the finance-growth link, we have controlled for the effect of the countries' institutional quality through an indicator tha ...
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.