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X - paraoikonomia.gr
X - paraoikonomia.gr

... generate for that reason their estimations from cross-country panel data sets, are also reviewed. Reference is also made to studies which generate estimations from large (in terms of number of countries) cross-country panel data sets, but only about their special focus (if there is any) on a countr ...
Big-bang versus Gradualism? - uni
Big-bang versus Gradualism? - uni

Economic Growth
Economic Growth

... 2. Taxes and government regulation increased during the late 1960s and 1970s, which weakened incentives and labor productivity growth slowed. 3. Rapid inflation distorted saving and investment decisions and shortened the time horizon over which firms made their borrowing and lending plans. The contr ...
Public Policy Brief - Levy Economics Institute of Bard College
Public Policy Brief - Levy Economics Institute of Bard College

... Five months after Michel Temer assumed the presidency following the impeachment of Dilma Rousseff, he and his advisers have seemingly abandoned the cautious approach to economic policy that might have been expected given his politically tenuous position. The most headline-catching measure has been t ...
Real GDP - Cloudfront.net
Real GDP - Cloudfront.net

... The Problem with GDP If a country’s GDP increased from $4 Billion to $5 Billion in one year, is the country experiencing economic growth? Did the country definitely produce 25% more ...
Spatial Development Initiatives and Employment Creation
Spatial Development Initiatives and Employment Creation

Input-output analysis: its potential application to the mining industry
Input-output analysis: its potential application to the mining industry

... are broken down into their elements, and each is performed in a sequential manner. A notable application of Smith’s principle was Henry Ford’s production line, where each of the many tasks required to build a motor car were performed by many different workers, each skilled in a particular task. The ...
16.3 the process of economic growth
16.3 the process of economic growth

... A body of theory about how a market economy works that stresses it inherent instability and the need for active government intervention to achieve full employment and sustained economic growth. John Maynard Keynes, in his book “The General Theory of Employment, Interest, and Money,” began this schoo ...
投影片 1
投影片 1

... Combined the Speech Recognition and Interactive Voice Response technology and provides the innovative service which is more convenient and time-saving ...
Leading Sectors in Economic Development: The Looney, R.E.
Leading Sectors in Economic Development: The Looney, R.E.

... 16.85 per cent figure for the 1980-85 period. On the other hand, the growth pattern of manufacturing became much more stable (as indicated by the variance in the growth rate) in the late 1980s. While not definitive, this pattern does suggest that this sector was becoming less subject to erratic shoc ...
Absorptive Capacity of the Prerevolutionary Iranian Economy Looney, R.E.
Absorptive Capacity of the Prerevolutionary Iranian Economy Looney, R.E.

... It follows that absorptive capacity concepts should have been utilized by the government in implementing the nation's development strategy and that the best definition of absorptive capacity from a conceptual point of view for Iran would have been the maximum level of foreign exchange spending by th ...
China: Leading the Way to a New World Order?
China: Leading the Way to a New World Order?

Productivity Growth, Convergence, and Welfare: What
Productivity Growth, Convergence, and Welfare: What

... surprisingly small sums. A forty-spindle jenny cost perhaps ?6 in 1772; scrubbing and carding machines cost ?1 for each inch of roller width; a clubbing billy with thirty spindles cost MAW.1s" (Landes, pp. 64-65). This suggests at least the possibility (pointed out by Landes) that part of the reason ...
Growth, degrowth and climate change: A scenario analysis
Growth, degrowth and climate change: A scenario analysis

Interactive Tool
Interactive Tool

... America and Africa have a low GDP per capita that underestimates average well-being. (The comparisons in the above table are of nominal GDP per capita, not real GDP per capita. As we are comparing per capita figures for the same year there is no need to deflate the nominal figures into real figures. ...
Ch32 Macroeconomic Policy Around the World Multiple Choice
Ch32 Macroeconomic Policy Around the World Multiple Choice

... 38. In 2010, many high-income countries will be focused on the short-term economic horizon due to aggressive and often controversial steps governments took to jump-start these economies out of severe recession. Considering the economic challenges that result from these policies, which of the followi ...
GDP
GDP

... • Macroeconomics answers questions like the following: • Why is average income high in some countries and low in others? • Why do prices rise rapidly in some time periods while they are more stable in others? • Why do production and employment expand in some years and contract in others? ...
The relationship between population growth and living standards:
The relationship between population growth and living standards:

solution - Fabio Landini
solution - Fabio Landini

... No change. The jet was already counted when it was produced, i.e., presumably when Delta (or some other airline companies) bought it new as an investment. ...
Productivity - Middle Tennessee State University
Productivity - Middle Tennessee State University

...  Outward-oriented policies (e.g., the elimination of restrictions on trade or foreign investment) promote integration with the world economy. ...
Factors Influencing Gross Domestic Product
Factors Influencing Gross Domestic Product

Public investment boosted private investment in Brazil between
Public investment boosted private investment in Brazil between

... public services such as health, education, and transport. By 1984, the economy had recovered, signaling a new increase in 1985 with the acceleration of inflation. 5 The indexing policy to control inflation resulted in increasing wage tightening, which translated into the reduction of the real minimu ...
North Carolina`s Gross Domestic Product
North Carolina`s Gross Domestic Product

You down with GDP?
You down with GDP?

CHAP08
CHAP08

... All of them are plausible, but it’s difficult to prove that any one of them is guilty. ...
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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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