Lecture 9
... Economic growth is the expansion of the economy’s production possibilities. Measured by real gross domestic product (Real GDP) The value of the total production of all the nation’s farms, factories, shops, and offices linked back to the prices of a single year (1992) ...
... Economic growth is the expansion of the economy’s production possibilities. Measured by real gross domestic product (Real GDP) The value of the total production of all the nation’s farms, factories, shops, and offices linked back to the prices of a single year (1992) ...
Do We Have a “New” Macroeconomy
... what computer visionaries were touting as an extraordinary advance in technological capabilities should be accompanied by a record-breaking slowdown in economic growth. As Nobel Prize-winning MIT economist Robert Solow posed the question, if the computer is so important "how come we see the computer ...
... what computer visionaries were touting as an extraordinary advance in technological capabilities should be accompanied by a record-breaking slowdown in economic growth. As Nobel Prize-winning MIT economist Robert Solow posed the question, if the computer is so important "how come we see the computer ...
Reserve flows & the gold standard
... But if England has a more productive economy (Industrial Revolution), its demand for money will be higher, in proportion to its higher GDP. If the economies are closed off, the disproportionately high money supply in Spain will drive up its price level. ITF-220 - Prof.J.Frankel ...
... But if England has a more productive economy (Industrial Revolution), its demand for money will be higher, in proportion to its higher GDP. If the economies are closed off, the disproportionately high money supply in Spain will drive up its price level. ITF-220 - Prof.J.Frankel ...
Republic of El Salvador
... We find governability difficult in El Salvador. The ruling party, Frente Farabundo Martí para la Liberación Nacional (FMLN), has little common ground with El Salvador's other major party, the Alianza Republicana Nacionalista (ARENA). The legislature has 84 seats. ARENA holds 35 seats, while FMLN has ...
... We find governability difficult in El Salvador. The ruling party, Frente Farabundo Martí para la Liberación Nacional (FMLN), has little common ground with El Salvador's other major party, the Alianza Republicana Nacionalista (ARENA). The legislature has 84 seats. ARENA holds 35 seats, while FMLN has ...
III. Growth and inflation: drivers and prospects
... recession. Households, banks and, to a lesser extent, non-financial firms have been repairing their balance sheets and reducing excessive debt. Private sector deleveraging is most advanced in the United States, while it is far from over in other countries, including a large part of the euro area. Re ...
... recession. Households, banks and, to a lesser extent, non-financial firms have been repairing their balance sheets and reducing excessive debt. Private sector deleveraging is most advanced in the United States, while it is far from over in other countries, including a large part of the euro area. Re ...
PwC Global CEO Survey 2013: Confidence in longer-term
... Interestingly, Asean CEOs’ target regions for M&A, joint ventures and strategic alliances include South East Asia (56%), South Asia (44%), East Asia (33%), and North America (33%). “The South East Asian market is obviously another key area set for high growth with the formation of the AEC by the end ...
... Interestingly, Asean CEOs’ target regions for M&A, joint ventures and strategic alliances include South East Asia (56%), South Asia (44%), East Asia (33%), and North America (33%). “The South East Asian market is obviously another key area set for high growth with the formation of the AEC by the end ...
C Forecast of the Development of Macroeconomic Indicators
... like to highlight the existing problem of converting to real terms and interpretation of the development of some quantities in real terms. Consumer price development can be recorded through changes in the consumer price index or the household consumption deflat ...
... like to highlight the existing problem of converting to real terms and interpretation of the development of some quantities in real terms. Consumer price development can be recorded through changes in the consumer price index or the household consumption deflat ...
Talent Crunch scenario has improved
... GCC economies are expected to continue to see robust growth in 2013 ...
... GCC economies are expected to continue to see robust growth in 2013 ...
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... the sharp fall in oil prices and the depreciation of the es or the euro continue to fall. euro. While the first factor is benefitting producers and consumers of energy, the second mainly supports firms with competitive positions in international mar 1.2 The current situation kets. Partly because of ...
... the sharp fall in oil prices and the depreciation of the es or the euro continue to fall. euro. While the first factor is benefitting producers and consumers of energy, the second mainly supports firms with competitive positions in international mar 1.2 The current situation kets. Partly because of ...
Chapter_14_How_Economies_Grow_Nov_8_2006
... transportation was still horse-drawn, with only a few cars operating on a poor-quality road system. Most rural areas did not have electricity or telephone service. In 1900, real per capita income in the U.S. was about $5,000 (measured in 2000 dollars) During the twentieth century, real per capita in ...
... transportation was still horse-drawn, with only a few cars operating on a poor-quality road system. Most rural areas did not have electricity or telephone service. In 1900, real per capita income in the U.S. was about $5,000 (measured in 2000 dollars) During the twentieth century, real per capita in ...
NBER WORKING PAPER SERIES Stephen G. Cecchetti
... economic downturn. Beginning in the mid-1980s, the inventory to sales ratio of these manufacturers began to decline, and it continued to decline steadily through the 1990s. Chart 3 tracks the fall for the goods producing sector from an average of 2.1 prior to 1984 to a level of 1.54 by the end of 20 ...
... economic downturn. Beginning in the mid-1980s, the inventory to sales ratio of these manufacturers began to decline, and it continued to decline steadily through the 1990s. Chart 3 tracks the fall for the goods producing sector from an average of 2.1 prior to 1984 to a level of 1.54 by the end of 20 ...
From Civil Strife to Peacebuilding: The Private Sector`s Role in West
... successful presidential elections take place no later than 30 November 2008, GDP growth is projected to increase. Economists put GDP growth at an estimated 1.7 percent in 2007, buoyed largely by growing oil and gas revenues, along with steady cocoa exports.5 By the same token, GDP reached $17.5 bill ...
... successful presidential elections take place no later than 30 November 2008, GDP growth is projected to increase. Economists put GDP growth at an estimated 1.7 percent in 2007, buoyed largely by growing oil and gas revenues, along with steady cocoa exports.5 By the same token, GDP reached $17.5 bill ...
GDP
... contributions for social insurance. It also includes interest incomes from holding government bonds and government transfer payments. ...
... contributions for social insurance. It also includes interest incomes from holding government bonds and government transfer payments. ...
Logistics in the Penang Industrial Zones
... Under the 8th Malaysia Plan (2000-2005), the government aims to provide RM1.5 biliion of direct funding and another RM4 billion of indirect funding to assist in the development of our ports and associated logistics chain. This large scale investment hopes to improve the productivity and capacity of ...
... Under the 8th Malaysia Plan (2000-2005), the government aims to provide RM1.5 biliion of direct funding and another RM4 billion of indirect funding to assist in the development of our ports and associated logistics chain. This large scale investment hopes to improve the productivity and capacity of ...
State and Metropolitan Gross Product
... Chief, Regional Product Branch Regional Product Division Bureau of Economic Analysis [email protected] ...
... Chief, Regional Product Branch Regional Product Division Bureau of Economic Analysis [email protected] ...
presentation
... ■ Highest public debt in the world at 250% of GDP ■ Target to cut budget deficit by 50% in 2015 and to be in surplus in 2020 ...
... ■ Highest public debt in the world at 250% of GDP ■ Target to cut budget deficit by 50% in 2015 and to be in surplus in 2020 ...
O29mobile - Civil Contractors Federation
... Engineering Construction Growth 4-qtr. moving change (%) current prices, to June 2011 ...
... Engineering Construction Growth 4-qtr. moving change (%) current prices, to June 2011 ...
PDF
... implies that “true” GDP is 28% higher than that officially reported. Table 3 reports these figures together with the results for other adjustments discussed below. It is likely that a substantial portion of the unobserved household expenditure noted here is funded through unreported worker remittanc ...
... implies that “true” GDP is 28% higher than that officially reported. Table 3 reports these figures together with the results for other adjustments discussed below. It is likely that a substantial portion of the unobserved household expenditure noted here is funded through unreported worker remittanc ...
G Behind the numbers The Global Divide Canadian Centre for
... tigers, this has been the case. Non-market institutions such as legal structures and central banks have also played an important role in economic development. From Golden Age to Neoliberal Order The post-war period is the most relevant for policy-makers in assessing the patterns of global inequality ...
... tigers, this has been the case. Non-market institutions such as legal structures and central banks have also played an important role in economic development. From Golden Age to Neoliberal Order The post-war period is the most relevant for policy-makers in assessing the patterns of global inequality ...
current analysis
... The above discussion suggests that there remains capacity for many manufacturing sub-sectors to respond to rising demand from the U.S. The question remains as to whether export-oriented manufacturing firms will take advantage of the recent supportive developments. Our view is that they ultimately wi ...
... The above discussion suggests that there remains capacity for many manufacturing sub-sectors to respond to rising demand from the U.S. The question remains as to whether export-oriented manufacturing firms will take advantage of the recent supportive developments. Our view is that they ultimately wi ...
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.