Monthly Economic Commentary
... outlook with data over the last month less positive for all the major economies. The eurozone remains a key source of uncertainty for both advanced and emerging economies and is affecting trade and investment decisions. In the US, the world’s largest economy, the economic recovery is losing momentum ...
... outlook with data over the last month less positive for all the major economies. The eurozone remains a key source of uncertainty for both advanced and emerging economies and is affecting trade and investment decisions. In the US, the world’s largest economy, the economic recovery is losing momentum ...
Agenda
... In The US, MP is accomplished by three primary tools: -Open market operations (ie: government bonds) -Changing reserve requirements -Changing the discount rate (ie: the rate banks can borrow at) ...
... In The US, MP is accomplished by three primary tools: -Open market operations (ie: government bonds) -Changing reserve requirements -Changing the discount rate (ie: the rate banks can borrow at) ...
The Australian contribution to the OECD study on ICT and
... Problems with robustness of estimates and getting results on some variables of interest (particularly, ‘external’ R&D and spillovers) Estimation challenges (for example, trending series) Have only looked at market sector and manufacturing to date ...
... Problems with robustness of estimates and getting results on some variables of interest (particularly, ‘external’ R&D and spillovers) Estimation challenges (for example, trending series) Have only looked at market sector and manufacturing to date ...
How to Get Back to Growth
... respite from the misery. Despite the current gloom, UK growth since 1997 has been impressive, even including the post 2008 period, and the labour market has held up much better than in previous recessions. This was not simply a bubble in finance, property or government. Between 1997 and 2007 product ...
... respite from the misery. Despite the current gloom, UK growth since 1997 has been impressive, even including the post 2008 period, and the labour market has held up much better than in previous recessions. This was not simply a bubble in finance, property or government. Between 1997 and 2007 product ...
Economic outlook FIG. 1 FIG. 2
... beginning of the year, but while ICAEW leading indicators have deteriorated a little, they point to a much more modest loss of momentum than markets imply. In particular, the BCM confidence index fell from 15.6 in Q4 2015 to 11.4 in Q1 2016; while this represents a three-year low, it is still some w ...
... beginning of the year, but while ICAEW leading indicators have deteriorated a little, they point to a much more modest loss of momentum than markets imply. In particular, the BCM confidence index fell from 15.6 in Q4 2015 to 11.4 in Q1 2016; while this represents a three-year low, it is still some w ...
Economic Forecast for 2014 & Beyond
... reducing unemployment; no surprise if rate remains above 7% over the rest of the year – Combined with growth of about 1.5% in the first half, overall growth for the year of 2013 will be ...
... reducing unemployment; no surprise if rate remains above 7% over the rest of the year – Combined with growth of about 1.5% in the first half, overall growth for the year of 2013 will be ...
SINGAPORE UNDER EMBARGO UNTIL 07.00 GMT, WEDNESDAY, 6 AUGUST 2014
... improved global economy, from a 1.9% growth in 2012. ...
... improved global economy, from a 1.9% growth in 2012. ...
Good Morning! - Pennsylvania State University
... What about profits and thus the value of the stock market? What about labor market conditions? What about economic growth? What about inflation? ...
... What about profits and thus the value of the stock market? What about labor market conditions? What about economic growth? What about inflation? ...
Types of Economies
... In a COMMAND ECONOMY, or socialism, business, property, resources, and all other economic activities are controlled by the government, which owns many of the nation’s industries. Education, healthcare, and welfare services are all provided, but people have little choice of goods and services. ...
... In a COMMAND ECONOMY, or socialism, business, property, resources, and all other economic activities are controlled by the government, which owns many of the nation’s industries. Education, healthcare, and welfare services are all provided, but people have little choice of goods and services. ...
Chapter 12
... standards? Encourage Savings and Investment – Recall that capital is a produced factor of production – Tradeoff between capital investment and consumption goods – Correlation between growth and investment (reverse ...
... standards? Encourage Savings and Investment – Recall that capital is a produced factor of production – Tradeoff between capital investment and consumption goods – Correlation between growth and investment (reverse ...
... The Barbados economy is expected to grow by 0.5% in 2015, fuelled by a strong performance primarily in the tourism sector, with long-stay arrivals up 14.5% as of September 2015. Value added in the international business and financial services and manufacturing sectors has been stagnant, while constr ...
by Sylvia Nasar
... 9. The Soviet Union's economy grew rapidly in terms of GDP per hour worked in the 1950s, but eventually this growth slowed. Why might this occur? A) Increasing implementation of new technologies eventually suffered diminishing marginal returns. B) Capital per hour worked grew slowly, but technologic ...
... 9. The Soviet Union's economy grew rapidly in terms of GDP per hour worked in the 1950s, but eventually this growth slowed. Why might this occur? A) Increasing implementation of new technologies eventually suffered diminishing marginal returns. B) Capital per hour worked grew slowly, but technologic ...
1.02 Economic Indicators & Business Cycle
... • The total value of the final goods and services produced in a country in a given ...
... • The total value of the final goods and services produced in a country in a given ...
Chapter 26 Key Question Solutions
... (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 ...
4.Services_and_Quaternary Sector
... • The Tertiary and Quaternary sectors are similar in that they both involve the supply of services. • Services are required in fields such as transportation, healthcare, education, planning and management, etc • Services are: “Economic activities that provide support / assistance in order that other ...
... • The Tertiary and Quaternary sectors are similar in that they both involve the supply of services. • Services are required in fields such as transportation, healthcare, education, planning and management, etc • Services are: “Economic activities that provide support / assistance in order that other ...
Presenter: Keith Nurse, Senior Fellow, Sir Arthur Lewis Institute of
... The presentation focuses on Barbados, a small island developing state with a very high proportion of services in its overall economy (e.g. GDP, employment, export earnings). Barbados, at position 27, is the highest ranking developing country for tourism in the World Economic Forum Travel and Tourism ...
... The presentation focuses on Barbados, a small island developing state with a very high proportion of services in its overall economy (e.g. GDP, employment, export earnings). Barbados, at position 27, is the highest ranking developing country for tourism in the World Economic Forum Travel and Tourism ...
The United States of America
... The family unit is generally considered the nuclear family, and is typically small (with exceptions among certain ethnic groups) Extended family relatives live in their own homes, often at great distances from their children Individualism is prized, and this is reflected in the family unit People ar ...
... The family unit is generally considered the nuclear family, and is typically small (with exceptions among certain ethnic groups) Extended family relatives live in their own homes, often at great distances from their children Individualism is prized, and this is reflected in the family unit People ar ...
AS 3.5 Demonstrate understanding of macro
... • Some calculations you may need to make in this A.S – Rate of growth – Rate of inflation – Terms of Trade – Operating Balance – Balance of Payments • current account balance ...
... • Some calculations you may need to make in this A.S – Rate of growth – Rate of inflation – Terms of Trade – Operating Balance – Balance of Payments • current account balance ...
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).