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... accelerated to 7.4 percent and this rate stayed the same in 2012 and 2013 as well, driven to an important extent by increasing aluminium prices in 2011, continued high remittance growth and the largest-ever cotton harvest. The economy was highly agriculture-dependent in the last century and it still ...
... accelerated to 7.4 percent and this rate stayed the same in 2012 and 2013 as well, driven to an important extent by increasing aluminium prices in 2011, continued high remittance growth and the largest-ever cotton harvest. The economy was highly agriculture-dependent in the last century and it still ...
Russian Federation 2014 Article IV Consultation
... Canada, Switzerland, and Australia have announced their own programs of financial sanctions. A number of non-EU member European countries have aligned their national policies with EU decisions. To date, the actual targets and measures taken differ across jurisdictions. For example, around 45 individ ...
... Canada, Switzerland, and Australia have announced their own programs of financial sanctions. A number of non-EU member European countries have aligned their national policies with EU decisions. To date, the actual targets and measures taken differ across jurisdictions. For example, around 45 individ ...
Coyote Economist News from the CSUSB Department of Economics
... The recession that started in December of 2007 has not formally ended, according to the National Bureau of Economic Research (NBER). It’s commonly believed that a recession is defined as a period during which real GDP falls for two consecutive quarters. But, it’s not that simple. The NBER’s Business ...
... The recession that started in December of 2007 has not formally ended, according to the National Bureau of Economic Research (NBER). It’s commonly believed that a recession is defined as a period during which real GDP falls for two consecutive quarters. But, it’s not that simple. The NBER’s Business ...
Appendix A: Figures
... the positive supply-side effects of higher public investment expenditure manifest over time, on the back of higher capital accumulation effects and improved productivity. Our findings reveal that higher public infrastructure investment not only brings positive real GDP effects but also reduction in ...
... the positive supply-side effects of higher public investment expenditure manifest over time, on the back of higher capital accumulation effects and improved productivity. Our findings reveal that higher public infrastructure investment not only brings positive real GDP effects but also reduction in ...
Gauging the Impact of the Fed on Inequality During the Great
... June 2011. It further committed to continuing to replace maturing securities with Treasury purchases. While the official end of the Great Recession had occurred in June 2009, more than a year before, the U.S. unemployment rate in November 2010 was higher than at the recession’s trough (9.8 versus 9. ...
... June 2011. It further committed to continuing to replace maturing securities with Treasury purchases. While the official end of the Great Recession had occurred in June 2009, more than a year before, the U.S. unemployment rate in November 2010 was higher than at the recession’s trough (9.8 versus 9. ...
Working Paper 14-9: Sustainability of Public Debt in the United
... lower interest rates combined with still modest debt in the initial part of this period, but a combination of historically low interest rates with higher debt in the later part. The interest path also reveals a major challenge going forward: paying for about an additional 2 percentage points of GDP ...
... lower interest rates combined with still modest debt in the initial part of this period, but a combination of historically low interest rates with higher debt in the later part. The interest path also reveals a major challenge going forward: paying for about an additional 2 percentage points of GDP ...
Morocco: Selected Issues
... Growth has slowed down. Growth has decelerated in the most recent years due to the deterioration in the global economy since the start of the great recession in 2008. In addition, given the strong trade, remittance, and investment linkages with European countries, a protracted downturn in euro area ...
... Growth has slowed down. Growth has decelerated in the most recent years due to the deterioration in the global economy since the start of the great recession in 2008. In addition, given the strong trade, remittance, and investment linkages with European countries, a protracted downturn in euro area ...
Okun`s Law across the Business Cycle and during the Great
... growth and unemployment is particularly troubling, especially in formulating and evaluating policies to promote economic growth to address labor market concerns. The purpose of this paper is to determine the extent to which the increase in unemployment over the Great Recession and labor market condi ...
... growth and unemployment is particularly troubling, especially in formulating and evaluating policies to promote economic growth to address labor market concerns. The purpose of this paper is to determine the extent to which the increase in unemployment over the Great Recession and labor market condi ...
the bahamas - Inter-American Development Bank
... The countries of the Eastern Caribbean Currency Union/Organization of Eastern Caribbean States welcomed a new Central Bank Governor. The countries are experiencing a tourism-led recovery, which also benefits fiscal consolidation that is being implemented in several countries. Dominica started to reb ...
... The countries of the Eastern Caribbean Currency Union/Organization of Eastern Caribbean States welcomed a new Central Bank Governor. The countries are experiencing a tourism-led recovery, which also benefits fiscal consolidation that is being implemented in several countries. Dominica started to reb ...
Economic growth and unemployment rate. Case of Albania
... population. Actually in Albania the unemployment is 13.5 percent which is relatively high but decreased related with the 2013 year when unemployment rate was 16.9 percent. Still this rate for the females is higher than males but the number of employed females is increasing day by day in Albania. You ...
... population. Actually in Albania the unemployment is 13.5 percent which is relatively high but decreased related with the 2013 year when unemployment rate was 16.9 percent. Still this rate for the females is higher than males but the number of employed females is increasing day by day in Albania. You ...
DOCX
... above 4 percent annually, but with widely varying year-to-year rates, ranging from 8.5 percent in 2007 to -0.1 percent in 2012. This volatility reflects frequent external and domestic shocks, the latest one being a glacier movement at the Kumtor mine, responsible for above 10 percent of GDP, which c ...
... above 4 percent annually, but with widely varying year-to-year rates, ranging from 8.5 percent in 2007 to -0.1 percent in 2012. This volatility reflects frequent external and domestic shocks, the latest one being a glacier movement at the Kumtor mine, responsible for above 10 percent of GDP, which c ...
Chapter Six: What Europe Should Do: Getting Macroeconomics
... policy toward the member state concerned; require the member state to make a noninterest-bearing deposit of an appropriate size with the EU Commission until the excessive deficit has been corrected; and/or impose fines of an appropriate size. Finally, Article 104.14 spells out that only by a una ...
... policy toward the member state concerned; require the member state to make a noninterest-bearing deposit of an appropriate size with the EU Commission until the excessive deficit has been corrected; and/or impose fines of an appropriate size. Finally, Article 104.14 spells out that only by a una ...
Public Finance Analysis in a Middle Income Country
... expenditure policy analysis that could be helpful to the preparation of the next year’s budget which was to commence in six months. Mrs. ABC had not been enthusiastic about the mission when the PER proposal was first made by the Country Director but now, in light of the Minister’s dilemma, she saw a ...
... expenditure policy analysis that could be helpful to the preparation of the next year’s budget which was to commence in six months. Mrs. ABC had not been enthusiastic about the mission when the PER proposal was first made by the Country Director but now, in light of the Minister’s dilemma, she saw a ...
US Macroeconomic Outlook Alternative Scenarios
... declines. Additionally, European debt problems weaken the global rebound and, consequently, the growth rate of U.S. exports. Further, U.S. federal budget constraints prevent more aggressive fiscal policy initiatives to support the recovery. After federal census-related hiring ends, the economy desce ...
... declines. Additionally, European debt problems weaken the global rebound and, consequently, the growth rate of U.S. exports. Further, U.S. federal budget constraints prevent more aggressive fiscal policy initiatives to support the recovery. After federal census-related hiring ends, the economy desce ...
An Analysis of Defense Expenditures
... In 1997 the share of social and economic services in the government’s recurrent budget reached 23.5 percent and 7.5 percent, respectively. Combined, they reached only about 80 percent of defense spending that year, up from almost two-thirds in 1994. Similarly, defense expenditure in real terms per p ...
... In 1997 the share of social and economic services in the government’s recurrent budget reached 23.5 percent and 7.5 percent, respectively. Combined, they reached only about 80 percent of defense spending that year, up from almost two-thirds in 1994. Similarly, defense expenditure in real terms per p ...
Austria`s External Economic Relations 2010
... One of the major challenges ahead, at least for a large number of advanced countries, is the consolidation of the budget and a reduction of the public debt. While in many countries, including most euro area members but also the USA, a rebalancing of the budget is absolutely necessary in order to ret ...
... One of the major challenges ahead, at least for a large number of advanced countries, is the consolidation of the budget and a reduction of the public debt. While in many countries, including most euro area members but also the USA, a rebalancing of the budget is absolutely necessary in order to ret ...
http://www.cato.org/pubs/journal/cj18n2/cj18n2-1.pdf
... As government expands and taxes increase, the economic loss emanatFIGURE 1 Government Expenditures in Core Categories as a Percentage of GDP ...
... As government expands and taxes increase, the economic loss emanatFIGURE 1 Government Expenditures in Core Categories as a Percentage of GDP ...
Saudi Arabia`s 2017 Fiscal Budget
... (around $55pb for Brent) and crude oil production of 10.1 million barrels per day (mbpd) in 2017 are consistent with the revenue projections contained in the budget. We believe the government is budgeting for a compliance with OPEC cuts, agreed back in October, thereby reducing year-on-year producti ...
... (around $55pb for Brent) and crude oil production of 10.1 million barrels per day (mbpd) in 2017 are consistent with the revenue projections contained in the budget. We believe the government is budgeting for a compliance with OPEC cuts, agreed back in October, thereby reducing year-on-year producti ...
slovak republic
... area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still very high unemployment remains a key challenge, as does sustaining fiscal adjustment. Manageable public and private debt as well as a soun ...
... area and domestic demand recover, the latter complementing the strong export sector that has made Slovakia one of Europe’s more dynamic economies. Reducing still very high unemployment remains a key challenge, as does sustaining fiscal adjustment. Manageable public and private debt as well as a soun ...
01-Growth and Investment
... have made agreements of $46 billion to establish China Pakistan Economic Corridor between the two countries. The corridor will serve as a driver for connectivity in the region and international trade is expected to rise, which will bring benefits for Pakistan over medium to long term. Middle East re ...
... have made agreements of $46 billion to establish China Pakistan Economic Corridor between the two countries. The corridor will serve as a driver for connectivity in the region and international trade is expected to rise, which will bring benefits for Pakistan over medium to long term. Middle East re ...
Russian Federation: Staff Report for the 2016 Article IV
... The Russian economy contracted by 3.7 percent in 2015 due to falling oil prices and the quasi closure of international financial markets to Russian entities. The economic contraction is nonetheless shallower than previous recessions as a stronger external position and the authorities’ economic packa ...
... The Russian economy contracted by 3.7 percent in 2015 due to falling oil prices and the quasi closure of international financial markets to Russian entities. The economic contraction is nonetheless shallower than previous recessions as a stronger external position and the authorities’ economic packa ...
`Turning Points` with Leading Indicators: `Real Time`
... If one monitors business cycles in real time, he has no necessity for exact dating the turning points but rather for predicting an inevitability of such turning points. Hence, we suppose that an indicator is ’good’ if it gave an alarm signal near the turning points as they are dated now by NBER’s Bu ...
... If one monitors business cycles in real time, he has no necessity for exact dating the turning points but rather for predicting an inevitability of such turning points. Hence, we suppose that an indicator is ’good’ if it gave an alarm signal near the turning points as they are dated now by NBER’s Bu ...
PDF
... population in 2003). 1 Since 1990 the country has undergone dramatic changes, including the end of a decade-long civil conflict, and the implementation of a series of economic reforms that liberalized prices and privatized most state-owned production. Almost half of all Nicaraguans live in rural are ...
... population in 2003). 1 Since 1990 the country has undergone dramatic changes, including the end of a decade-long civil conflict, and the implementation of a series of economic reforms that liberalized prices and privatized most state-owned production. Almost half of all Nicaraguans live in rural are ...
GAB Archive
... the capital, Libreville, since early 2014 after the removal of price control measures, declined by 26 percent between July and December 2015, partly due to decreasing international prices. In December 2015, at CFA 1 073 per kg, prices of wheat flour were 14 percent lower than 12 months earlier but s ...
... the capital, Libreville, since early 2014 after the removal of price control measures, declined by 26 percent between July and December 2015, partly due to decreasing international prices. In December 2015, at CFA 1 073 per kg, prices of wheat flour were 14 percent lower than 12 months earlier but s ...
Assessment of Budgetary Forecasts
... published in the Maastricht returns (EDP Notification Tables). These are submitted to Eurostat by each Member State twice a year, at end-March and end-September. The tables contain official estimates for the levels of the GGB and General Government debt for the preceding four years as well as foreca ...
... published in the Maastricht returns (EDP Notification Tables). These are submitted to Eurostat by each Member State twice a year, at end-March and end-September. The tables contain official estimates for the levels of the GGB and General Government debt for the preceding four years as well as foreca ...