Chapter 3: THE ECONOMIC OUTLOOK
... The Treasury estimates the trend growth rate of potential output by using a wide range of survey and other information to estimate points in time at which there was no upward or downward pressure on inflation, and when actual output must therefore have been equal to potential output. Over past econo ...
... The Treasury estimates the trend growth rate of potential output by using a wide range of survey and other information to estimate points in time at which there was no upward or downward pressure on inflation, and when actual output must therefore have been equal to potential output. Over past econo ...
English - SICE (OAS)
... In 1989, the CARICOM conference of Heads of Government decided by way of a declaration to work towards the establishment of the CARICOM Single Market and Economy (CSME). The motivating factor was the perceived need to deepen the integration process and strengthen the Caribbean Community in all of it ...
... In 1989, the CARICOM conference of Heads of Government decided by way of a declaration to work towards the establishment of the CARICOM Single Market and Economy (CSME). The motivating factor was the perceived need to deepen the integration process and strengthen the Caribbean Community in all of it ...
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... 7.9 and 8.9 percent in the second and third quarter of last year, respectively. A comparison of the first three quarters with those of 2008 reveals an impressive growth rate of 7.7 percent. Therefore, it appears likely that the self-assigned goal to achieve an annual growth rate of about 8 percent i ...
... 7.9 and 8.9 percent in the second and third quarter of last year, respectively. A comparison of the first three quarters with those of 2008 reveals an impressive growth rate of 7.7 percent. Therefore, it appears likely that the self-assigned goal to achieve an annual growth rate of about 8 percent i ...
Impact of macroeconomic factors on economic growth in Ghana: A
... The process started with a more thorough collection and analysis of data. The type of data used for this study was secondary data. Time series data on real GDP per capita, physical capital, labour force, foreign direct investment, foreign aid, inflation and government expenditure over the study peri ...
... The process started with a more thorough collection and analysis of data. The type of data used for this study was secondary data. Time series data on real GDP per capita, physical capital, labour force, foreign direct investment, foreign aid, inflation and government expenditure over the study peri ...
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... However, due to the restrictive monetary policies and the reduction in domestic absorption, business conditions have in general been sluggish, and domestic private investment remained stagnant in 1981, after its decline of 20% in 1980. ...
... However, due to the restrictive monetary policies and the reduction in domestic absorption, business conditions have in general been sluggish, and domestic private investment remained stagnant in 1981, after its decline of 20% in 1980. ...
Cuba in Transition: Volume 8
... promote development over the long-term. Since in the nineteenth and early twentieth century governments did not act as developmental states (in fact some of the developing countries experiencing the export boom were colonies), one can explain why countries with unfavorable linkages due to the nature ...
... promote development over the long-term. Since in the nineteenth and early twentieth century governments did not act as developmental states (in fact some of the developing countries experiencing the export boom were colonies), one can explain why countries with unfavorable linkages due to the nature ...
Using indicators to monitor real convergence
... and their determinants is important in order to assess alternative growth patterns and to examine the effects of economic integration. In the case of the Spanish economy, these questions are of particular interest in the current context of participation in Stage Three of EMU. Having concluded the pr ...
... and their determinants is important in order to assess alternative growth patterns and to examine the effects of economic integration. In the case of the Spanish economy, these questions are of particular interest in the current context of participation in Stage Three of EMU. Having concluded the pr ...
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... interest rate has been lowered in several steps by a toal slowdown seen in China’s economy for several tal of 265 basis points since November 2014, while years. A key driver behind the robust expansion in bank reserve requirement ratios have decreased by the summer half of the year was the increase ...
... interest rate has been lowered in several steps by a toal slowdown seen in China’s economy for several tal of 265 basis points since November 2014, while years. A key driver behind the robust expansion in bank reserve requirement ratios have decreased by the summer half of the year was the increase ...
Advances in Environmental Biology Countries
... and concluded that the mobile telephony has a significant and positive impact on economic growth, however, this impact is twice larger in developing countries than in developed ones [8]. Koutroumpis in 2009 studied 15 European countries and reached this result that with a critical mass of 20 percent ...
... and concluded that the mobile telephony has a significant and positive impact on economic growth, however, this impact is twice larger in developing countries than in developed ones [8]. Koutroumpis in 2009 studied 15 European countries and reached this result that with a critical mass of 20 percent ...
Gross Domestic Product
... Per capita GDP is GDP adjusted for population, or is calculated on a per person basis GDP per capita tells economists how much each person in the economy can produce, or the production capacity of the average worker Real GDP per capita is GDP adjusted for both inflation and population ...
... Per capita GDP is GDP adjusted for population, or is calculated on a per person basis GDP per capita tells economists how much each person in the economy can produce, or the production capacity of the average worker Real GDP per capita is GDP adjusted for both inflation and population ...
A Survey of Capital Economic Circle and its Industry Development
... In nowadays, why some developed countries have their strength of international competitiveness, one of an important reason is that their modem service industry, especially the producer services industry develops rapidly. It becomes a symbol of modem market economic and also is an important sign of e ...
... In nowadays, why some developed countries have their strength of international competitiveness, one of an important reason is that their modem service industry, especially the producer services industry develops rapidly. It becomes a symbol of modem market economic and also is an important sign of e ...
93125136I_en.pdf
... where zi (p1, p2) is an excess demand function and p1 and p2 are the money prices of goods 1 and 2. The axiom of gross substitution implies that a price path follows a process of adjustment such that the rate ...
... where zi (p1, p2) is an excess demand function and p1 and p2 are the money prices of goods 1 and 2. The axiom of gross substitution implies that a price path follows a process of adjustment such that the rate ...
... Zhejiang People’s Press) Taking into account that there are about 58 million additional rural low income residents (not below the Chinese poverty line but poor), the number of population living below the international poverty line (less than $1 per day) is about 88 million in 2002, a significant red ...
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... generally non-interventionist (e.g., keep regulations on businesses to a minimum); provides adequate (efficient) levels of public goods (infrastructure, schools, health care, police protection and a court system); concerned about the less well off in society, using income transfers to address extern ...
... generally non-interventionist (e.g., keep regulations on businesses to a minimum); provides adequate (efficient) levels of public goods (infrastructure, schools, health care, police protection and a court system); concerned about the less well off in society, using income transfers to address extern ...
Real GDP - TeacherWeb
... 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 ...
... 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 ...
measuring gdp and economic growth 1 Chapter 5 measuring GDP
... Real GDP of one country must be converted into the same currency units as the real GDP of the other country, so an exchange rate must be used. ...
... Real GDP of one country must be converted into the same currency units as the real GDP of the other country, so an exchange rate must be used. ...
doc version - Brad DeLong`s Website
... As of the end of 1999, forecasts of U.S. GDP in 2000 put it at $9,300 billion, which with 142 million workers (employed plus unemployed) comes to an annual real GDP per worker (measured in dollars of the year 2000's purchasing power) of $65,540. Back in 1890, a little more than a century ago, the sp ...
... As of the end of 1999, forecasts of U.S. GDP in 2000 put it at $9,300 billion, which with 142 million workers (employed plus unemployed) comes to an annual real GDP per worker (measured in dollars of the year 2000's purchasing power) of $65,540. Back in 1890, a little more than a century ago, the sp ...
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.