prof
... and stable economy based on efficient private sector activities as well as good management of public resources. When the Polish monetary policy has been perfect, these are the parliament and the government which are responsible for the fact that the transition path has nearly come to a halt since 20 ...
... and stable economy based on efficient private sector activities as well as good management of public resources. When the Polish monetary policy has been perfect, these are the parliament and the government which are responsible for the fact that the transition path has nearly come to a halt since 20 ...
Estonia and the European Debt Crisis Juhan Parts
... mind that Estonia experienced some of the most spectacular GDP growth rates in Europe in the second half of the 1990s and early years of the last decade. Per capita GDP at purchasing power parity, measured in 2009 U.S. dollars, was $5,657 in 1993 and reached almost $21,000 in 2007. The unemployment ...
... mind that Estonia experienced some of the most spectacular GDP growth rates in Europe in the second half of the 1990s and early years of the last decade. Per capita GDP at purchasing power parity, measured in 2009 U.S. dollars, was $5,657 in 1993 and reached almost $21,000 in 2007. The unemployment ...
policy brief
... there is a great deal of uncertainty regarding the specific consequences under international law of a country exiting the EU. Therefore, quantifying the economic effects of this exit can only be approximate and heavily driven by assumptions. To illustrate these uncertainties, we present the followin ...
... there is a great deal of uncertainty regarding the specific consequences under international law of a country exiting the EU. Therefore, quantifying the economic effects of this exit can only be approximate and heavily driven by assumptions. To illustrate these uncertainties, we present the followin ...
Blank 3
... Even more dramatic was the decline of poverty in a region such as Ohangwena, where shortly after independence close to 90 percent of people living in that region was were rated as poor. That means that 9 out of 10 inhabitants of Ohangwena were poor. By 2009/10 the poverty rate in Ohangwena declined ...
... Even more dramatic was the decline of poverty in a region such as Ohangwena, where shortly after independence close to 90 percent of people living in that region was were rated as poor. That means that 9 out of 10 inhabitants of Ohangwena were poor. By 2009/10 the poverty rate in Ohangwena declined ...
President’s Report Board Directors
... by the University of Michigan decreased. In April, real incomes inched up, but real consumption decreased for the first time since December. The housing market showed mostly positive signs in April. New and existing home sales rose in April, with sales of existing homes reaching their highest rate s ...
... by the University of Michigan decreased. In April, real incomes inched up, but real consumption decreased for the first time since December. The housing market showed mostly positive signs in April. New and existing home sales rose in April, with sales of existing homes reaching their highest rate s ...
News Brief 02-06-17
... consecutive month for the first time since 2009. Data from Nationwide Building Society show that house prices dropped unexpectedly by 0.2% month-on-month in May, following a 0.4% drop in April. Economists forecast prices to rise 0.2 %. Providing further evidence that the housing market is losing mom ...
... consecutive month for the first time since 2009. Data from Nationwide Building Society show that house prices dropped unexpectedly by 0.2% month-on-month in May, following a 0.4% drop in April. Economists forecast prices to rise 0.2 %. Providing further evidence that the housing market is losing mom ...
How could Romania avoid the threat of payment default in 1999 and
... external debt service scheduled for 1999. The major rating agencies downgraded Romanian sovereign ratings: in 1996 before launching a Eurobond issue, Romania was rated similar with other countries from the region (BB-). Starting with 1998 the grade has diminished reaching in 1999 the level B and eve ...
... external debt service scheduled for 1999. The major rating agencies downgraded Romanian sovereign ratings: in 1996 before launching a Eurobond issue, Romania was rated similar with other countries from the region (BB-). Starting with 1998 the grade has diminished reaching in 1999 the level B and eve ...
Progress Report on Fiscal Policies
... experience changes. The two parties that might vote against Cioloș, PSD and ALDE, have their own fiscal requirements. PSD demands that the new PM continues the fiscal policies initiated by former PM Victor Ponta, namely the new Tax Code, while ALDE demands that Cioloș maintains the current taxation ...
... experience changes. The two parties that might vote against Cioloș, PSD and ALDE, have their own fiscal requirements. PSD demands that the new PM continues the fiscal policies initiated by former PM Victor Ponta, namely the new Tax Code, while ALDE demands that Cioloș maintains the current taxation ...
PDF Download
... tionary pressures, the rapid increase in private sector about 90 percent of the country’s revenue, and the demand fuelled by strong credit expansion was also global credit crunch are some of the reasons a contributory factor. Inflationary pressures, built up adduced for the country’s predicament. Ec ...
... tionary pressures, the rapid increase in private sector about 90 percent of the country’s revenue, and the demand fuelled by strong credit expansion was also global credit crunch are some of the reasons a contributory factor. Inflationary pressures, built up adduced for the country’s predicament. Ec ...
Crisis no More - Brookings Institution
... key features of that depression made it “Great”—its severity and its duration. Between 1929 and 1933, real GDP in the United States fell almost 27 percent. U.S. GDP did not return to its 1929 level until 1936. Real personal consumption declined more than 18 percent. In 1933, about one out of every f ...
... key features of that depression made it “Great”—its severity and its duration. Between 1929 and 1933, real GDP in the United States fell almost 27 percent. U.S. GDP did not return to its 1929 level until 1936. Real personal consumption declined more than 18 percent. In 1933, about one out of every f ...
Weekly Advisor Analysis 10-07-13 PAA
... Bipartisan Policy Center estimates, the U.S. Treasury could completely run out of funds as early as October 18th if the current debt ceiling remains in place. ...
... Bipartisan Policy Center estimates, the U.S. Treasury could completely run out of funds as early as October 18th if the current debt ceiling remains in place. ...
Suppose that the CPI has increased at an annual rate of 5 percent
... The spending multiplier decreases, but current spending does not change by a multiple of the increase in saving. b. The spending multiplier increases, but current spending does not change by a multiple of the increase in saving. c. The spending multiplier decreases and current spending changes by a ...
... The spending multiplier decreases, but current spending does not change by a multiple of the increase in saving. b. The spending multiplier increases, but current spending does not change by a multiple of the increase in saving. c. The spending multiplier decreases and current spending changes by a ...
President’s Report Board Directors
... moving forward. Vehicle sales were down a bit from the previous month, but remain on pace to sell about one million more units this year than seen in 2009. Consumption posted its third consecutive increase in July, despite a small decrease in incomes. The housing market has showed further signs of w ...
... moving forward. Vehicle sales were down a bit from the previous month, but remain on pace to sell about one million more units this year than seen in 2009. Consumption posted its third consecutive increase in July, despite a small decrease in incomes. The housing market has showed further signs of w ...
Slide 1
... from a shortfall of $4.1bn in the same period a year earlier. This was due to remittances from Egyptian workers abroad, largely in the Gulf, which rose to $9.3bn from $8.0bn a year earlier, the bank said in a statement. Foreign direct investment recorded a net inflow of $301.4m down from ...
... from a shortfall of $4.1bn in the same period a year earlier. This was due to remittances from Egyptian workers abroad, largely in the Gulf, which rose to $9.3bn from $8.0bn a year earlier, the bank said in a statement. Foreign direct investment recorded a net inflow of $301.4m down from ...
WEEKLY ECONOMIC AND MONETARY REPORT 20 January 2012
... Slovenia, Malta and Slovakia were downgraded one notch (to A+, A and A respectively). ...
... Slovenia, Malta and Slovakia were downgraded one notch (to A+, A and A respectively). ...
Business Cycle
... – The economy stops growing (reached the top) – GDP reaches maximum – Businesses can’t produce any more or hire more people – Cycle begins to contract ...
... – The economy stops growing (reached the top) – GDP reaches maximum – Businesses can’t produce any more or hire more people – Cycle begins to contract ...
Business Cycle
... – The economy stops growing (reached the top) – GDP reaches maximum – Businesses can’t produce any more or hire more people – Cycle begins to contract ...
... – The economy stops growing (reached the top) – GDP reaches maximum – Businesses can’t produce any more or hire more people – Cycle begins to contract ...
Hw4s-11 - uc-davis economics
... so 9% + 0 = %P + 6% so %P = 3%, r = i - = 7% - 3% = 4% b) now 8% + 0 = %P + 6% so %P = 2% Since the real interest rate is determined by the real side of the economy, r is still 4%. (But the nominal interest rate will become i = r + = 4% + 2% = 6%.) 2. The cut in money growth lowered the governme ...
... so 9% + 0 = %P + 6% so %P = 3%, r = i - = 7% - 3% = 4% b) now 8% + 0 = %P + 6% so %P = 2% Since the real interest rate is determined by the real side of the economy, r is still 4%. (But the nominal interest rate will become i = r + = 4% + 2% = 6%.) 2. The cut in money growth lowered the governme ...
Overcoming Deflation: The Bank of Japan`s Challenge
... Such improvements in economic activity, prices, and people's expectations could be factors in increasing interest rates. Nevertheless, thanks to strong downward pressure stemming from the BoJ's JGB purchases, Japan's long-term interest rates have been slightly lower than those of a year ago, with 10 ...
... Such improvements in economic activity, prices, and people's expectations could be factors in increasing interest rates. Nevertheless, thanks to strong downward pressure stemming from the BoJ's JGB purchases, Japan's long-term interest rates have been slightly lower than those of a year ago, with 10 ...
Military Spending/Gross Domestic Product = Nonsense for Budget
... gambit, they placed themselves in a great deal of bad company. As usual, the news media played along with this trick, which then occupied many commentators and fueled heated debates about the adequacy of the defense budget. The New York Times has got this year’s show off to a bang-up beginning with ...
... gambit, they placed themselves in a great deal of bad company. As usual, the news media played along with this trick, which then occupied many commentators and fueled heated debates about the adequacy of the defense budget. The New York Times has got this year’s show off to a bang-up beginning with ...
to Read the Full Report
... currency devaluation led the country’s 1:1 exchange with the U.S. dollar to drop to 4:1. Simultaneously, inflation reached 41 percent by 2002—a stark contrast from the low or negative inflation rates seen during the early 1990s.xv, xvi As the Argentinian economy began to collapse, unemployment incre ...
... currency devaluation led the country’s 1:1 exchange with the U.S. dollar to drop to 4:1. Simultaneously, inflation reached 41 percent by 2002—a stark contrast from the low or negative inflation rates seen during the early 1990s.xv, xvi As the Argentinian economy began to collapse, unemployment incre ...
The Domestic Environment - Hong Kong Monetary Authority
... Stock prices have been on an uptrend since mid-August, boosted by falling interbank interest rates, as the “risk premium” of Hong Kong’s interest rates fell considerably. This followed the government’s intervention to counteract speculators’ double-play in the markets and the introduction of seven t ...
... Stock prices have been on an uptrend since mid-August, boosted by falling interbank interest rates, as the “risk premium” of Hong Kong’s interest rates fell considerably. This followed the government’s intervention to counteract speculators’ double-play in the markets and the introduction of seven t ...
Global Recession: How Deep and for How Long?
... recently announced that the recession in the US economy had begun as early as December 2007. That already makes the recession 11 months long, which has been the average length of recessions during the post-war period. There is much pessimism on how long this recession would last as well. According t ...
... recently announced that the recession in the US economy had begun as early as December 2007. That already makes the recession 11 months long, which has been the average length of recessions during the post-war period. There is much pessimism on how long this recession would last as well. According t ...
The Balance of Payments Adjustment Process in Taiwan, Republic of China Fai-nan Perng*
... Factors such as the cut in import tariffs, the opening up of the domestic market, and the aggressive marketing of imported goods, have all contributed to a rate of growth of imports that since 1985 has outstripped the rate of growth of domestic production. Consequently, the import penetration rate h ...
... Factors such as the cut in import tariffs, the opening up of the domestic market, and the aggressive marketing of imported goods, have all contributed to a rate of growth of imports that since 1985 has outstripped the rate of growth of domestic production. Consequently, the import penetration rate h ...
Resilience is Difficult to Define (But Easy to Spot)!
... But make no mistake about this: Businesses, at least the publically owned ones, are in very good shape. U.S. firms scored a record $1.2 trillion in profits during the second quarter and are sitting on roughly $2 trillion in cash. Our private‐sector companies are resilient, and they have recovered ...
... But make no mistake about this: Businesses, at least the publically owned ones, are in very good shape. U.S. firms scored a record $1.2 trillion in profits during the second quarter and are sitting on roughly $2 trillion in cash. Our private‐sector companies are resilient, and they have recovered ...