... rate of 3.1% is estimated for 2015, driven by domestic activity, in particular construction, commerce and financial establishments, all of which are posting growth, albeit at lower rates. The deficits run by the consolidated public sector (-3.0% of GDP) and the balanceof-payments current account (-6 ...
Swedish Economic Trends
... Consequences of Economic Growth The current account has been in surplus for the past decade and a half. The surplus in 2010 was equivalent to 6% of GDP. Surveys of firms indicate that the recovery in output has resulted in a rebound in capacity utilisation. The degree of utilisation is no longer ...
... Consequences of Economic Growth The current account has been in surplus for the past decade and a half. The surplus in 2010 was equivalent to 6% of GDP. Surveys of firms indicate that the recovery in output has resulted in a rebound in capacity utilisation. The degree of utilisation is no longer ...
reflections on the ethiopian economy during the current global
... example, the global economy is the worst since World War II and the deepest since the Great Depression of the 1930s with calamitous consequences on both the developing as well as the developed nations. It is further estimated that the global economy will continue to shrink over two per cent this yea ...
... example, the global economy is the worst since World War II and the deepest since the Great Depression of the 1930s with calamitous consequences on both the developing as well as the developed nations. It is further estimated that the global economy will continue to shrink over two per cent this yea ...
E Economic Outlook
... 2016 as younger workers join the labor force in large numbers. In addition, although the drought will affect the farm sector in 2015, the forecast assumes the drought does not continue into 2016. The impact on other sectors is expected to be limited, with small overall impacts given California’s div ...
... 2016 as younger workers join the labor force in large numbers. In addition, although the drought will affect the farm sector in 2015, the forecast assumes the drought does not continue into 2016. The impact on other sectors is expected to be limited, with small overall impacts given California’s div ...
Word
... The world economy recorded a decrease in 2009 when problems in the monetary economy contaminated the real economy in full. A large part of the developed economies experienced negative economic growth which was, however, on a global scale mitigated by the favourable development in the developing coun ...
... The world economy recorded a decrease in 2009 when problems in the monetary economy contaminated the real economy in full. A large part of the developed economies experienced negative economic growth which was, however, on a global scale mitigated by the favourable development in the developing coun ...
National Recovery Plan Summary Leaflet
... Tax receipts in 2010 will be around 35% lower than in 2007, the steepness of the fall reflecting the over-dependence on property and construction-related revenue sources during the boom years. Nearly half of income earners in 2010 will pay no income tax. This is not sustainable. A fundamental princi ...
... Tax receipts in 2010 will be around 35% lower than in 2007, the steepness of the fall reflecting the over-dependence on property and construction-related revenue sources during the boom years. Nearly half of income earners in 2010 will pay no income tax. This is not sustainable. A fundamental princi ...
Haiti_en.pdf
... sterilized the increased liquidity in the economy through net hard currency sales amounting to US$ 66 million. It is estimated that GDP will grow by 2% in 2010, driven by more expansionary public spending aimed at stimulating the economy, as well as the electoral calendar —with legislative elections ...
... sterilized the increased liquidity in the economy through net hard currency sales amounting to US$ 66 million. It is estimated that GDP will grow by 2% in 2010, driven by more expansionary public spending aimed at stimulating the economy, as well as the electoral calendar —with legislative elections ...
Slayt 1
... Manufacturing industry has been developing itself well but these gains don’t spill over the entire economy. The aim is to increase productivity and competitiveness. Turkish Economy should transform the informal and semi-formal activities into the formal business activities. (the role of informal sec ...
... Manufacturing industry has been developing itself well but these gains don’t spill over the entire economy. The aim is to increase productivity and competitiveness. Turkish Economy should transform the informal and semi-formal activities into the formal business activities. (the role of informal sec ...
PDF
... large-scale, capital-intensive technology: technical assistance (or government licensing or subsidies) is more easily administered when there is a limited number of recipients; administrative convenience tilts the planners' preferences toward a few large producing units which have already accumulate ...
... large-scale, capital-intensive technology: technical assistance (or government licensing or subsidies) is more easily administered when there is a limited number of recipients; administrative convenience tilts the planners' preferences toward a few large producing units which have already accumulate ...
PDF
... The role of infrastructure in impacting economic growth and welfare has been intensely studied across literature over the past three decades. The Post-World War II reconstruction model - where governments invest in economies in order to create an enabling environment for the private sector has led t ...
... The role of infrastructure in impacting economic growth and welfare has been intensely studied across literature over the past three decades. The Post-World War II reconstruction model - where governments invest in economies in order to create an enabling environment for the private sector has led t ...
Introducing a New Product
... By this time, GDP growth rates tend to slow, because the economy is already VERY LARGE, so even 1-2% growth can be highly significant. ...
... By this time, GDP growth rates tend to slow, because the economy is already VERY LARGE, so even 1-2% growth can be highly significant. ...
Depletion of Natural Resources and Long
... Depletion of Natural Resources and Long-Term Perspectives of the Russian Economy O. Eismont and K. Kuralbaeva The economic problems of resource-exporting countries have been the subject of research since mid-70s, largely due to the sharp increase in energy prices. The main result of this research is ...
... Depletion of Natural Resources and Long-Term Perspectives of the Russian Economy O. Eismont and K. Kuralbaeva The economic problems of resource-exporting countries have been the subject of research since mid-70s, largely due to the sharp increase in energy prices. The main result of this research is ...
7-2 (Key Question) Suppose an economy`s real GDP is $30,000 in
... (Key Question) What are the four phases of the business cycle? How long do business cycles last? How do seasonal variations and long-term trends complicate measurement of the business cycle? Why does the business cycle affect output and employment in capital goods and consumer durable goods industri ...
... (Key Question) What are the four phases of the business cycle? How long do business cycles last? How do seasonal variations and long-term trends complicate measurement of the business cycle? Why does the business cycle affect output and employment in capital goods and consumer durable goods industri ...
Article
... unsustainable wage increases of the mid-1980s. Thirdly, between 1992 and 2000 New Zealand outperformed Australia for labour productivity growth, as measured by Statistics New Zealand. But this was not at the expense of employment (“fewer workers cranking out the same output”). Between June 1991 and ...
... unsustainable wage increases of the mid-1980s. Thirdly, between 1992 and 2000 New Zealand outperformed Australia for labour productivity growth, as measured by Statistics New Zealand. But this was not at the expense of employment (“fewer workers cranking out the same output”). Between June 1991 and ...
PDF Download
... more anxieties about job insecurity. Second, the wealth effect is now powerfully negative. More than $5 trillion of stock market wealth has been destroyed in about one year's time. This is far larger than at any other time in U.S. history. Scaled by the size of the economy, the wealth destruction is ...
... more anxieties about job insecurity. Second, the wealth effect is now powerfully negative. More than $5 trillion of stock market wealth has been destroyed in about one year's time. This is far larger than at any other time in U.S. history. Scaled by the size of the economy, the wealth destruction is ...
Long-Term Estimates of U.S. Productivity and Growth
... - 1973-95 The Long Slump - 1995-2010 Information Age and Recession - Transformation of capital input; IT capital and TFP - Educational attainment of workers; evolution of wage ...
... - 1973-95 The Long Slump - 1995-2010 Information Age and Recession - Transformation of capital input; IT capital and TFP - Educational attainment of workers; evolution of wage ...
Belize_en.pdf
... in the first half of 2009), which more than offset the 18% fall in goods exports, tourism and remittances, resulted in a narrowing of the current account deficit from 8% of GDP in the first half of 2008 to 4% of GDP in the first half of 2009. Imports plummeted following the winding down of large inv ...
... in the first half of 2009), which more than offset the 18% fall in goods exports, tourism and remittances, resulted in a narrowing of the current account deficit from 8% of GDP in the first half of 2008 to 4% of GDP in the first half of 2009. Imports plummeted following the winding down of large inv ...
Economics - APAblog.org
... to work but do not have a job during a given period of time Participation Rate: A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. ...
... to work but do not have a job during a given period of time Participation Rate: A measure of the active portion of an economy's labor force. The participation rate refers to the number of people who are either employed or are actively looking for work. ...
Presentation Olivia Muza
... How is the world doing? Rich countries- Recovery from recession is proceeding disappointingly Developing countries- growing briskly, but face tough transitions of their own A 5.7% growth recorded in Sub-Saharan Africa in 2011 raises a cloud of hope UN report on MDGs shows that progress has ...
... How is the world doing? Rich countries- Recovery from recession is proceeding disappointingly Developing countries- growing briskly, but face tough transitions of their own A 5.7% growth recorded in Sub-Saharan Africa in 2011 raises a cloud of hope UN report on MDGs shows that progress has ...
Chapter 13: Unemployment
... Seasonal – loss of jobs due to changes in the climate and other seasonal conditions (e.g. construction, farming, fishing) Frictional – temporarily unemployed due to the time required to change jobs (e.g. students leaving school) Structural – is the loss of jobs due to: 1. long-term changes in ...
... Seasonal – loss of jobs due to changes in the climate and other seasonal conditions (e.g. construction, farming, fishing) Frictional – temporarily unemployed due to the time required to change jobs (e.g. students leaving school) Structural – is the loss of jobs due to: 1. long-term changes in ...
Transformation in economics
Transformation in economics refers to a long-term change in dominant economic activity in terms of prevailing relative engagement or employment of able individuals.Human economic systems undergo a number of deviations and departures from the ""normal"" state, trend or development. Among them are Disturbance (short-term disruption, temporary disorder), Perturbation (persistent or repeated divergence, predicament, decline or crisis), Deformation (damage, regime change, loss of self-sustainability, distortion), Transformation (long-term change, restructuring, conversion, new “normal”) and Renewal (rebirth, transmutation, corso-ricorso, renaissance, new beginning).Transformation is a unidirectional and irreversible change in dominant human economic activity (economic sector). Such change is driven by slower or faster continuous improvement in sector productivity growth rate. Productivity growth itself is fueled by advances in technology, inflow of useful innovations, accumulated practical knowledge and experience, levels of education, viability of institutions, quality of decision making and organized human effort. Individual sector transformations are the outcomes of human socio-economic evolution.Human economic activity has so far undergone at least four fundamental transformations:From nomadic hunting and gathering (H/G) to localized agricultureFrom localized agriculture (A) to internationalized industryFrom international industry (I) to global servicesFrom global services (S) to public sector (including government, welfare and unemployment, GWU)This evolution naturally proceeds from securing necessary food, through producing useful things, to providing helpful services, both private and public (See H/G→A→I→S→GWU sequence in Fig. 1). Accelerating productivity growth rates speed up the transformations, from millennia, through centuries, to decades of the recent era. It is this acceleration which makes transformation relevant economic category of today, more fundamental in its impact than any recession, crisis or depression. The evolution of four forms of capital (Indicated in Fig. 1) accompanies all economic transformations.Transformation is quite different from accompanying cyclical recessions and crises, despite the similarity of manifested phenomena (unemployment, technology shifts, socio-political discontent, bankruptcies, etc.). However, the tools and interventions used to combat crisis are clearly ineffective for coping with non-cyclical transformations. The problem is whether we face a mere crisis or a fundamental transformation (globalization→relocalization).