Market Competitiveness of the Czech Economy in the Era of
... states with the rest of the country’s economy, using a panel data over the period 1990-2005. His findings showed that global integration, through trade or FDI flows, raises a state economy’s business cycle synchronization with other regions of the US and the world economy. Yun (2004) determined whet ...
... states with the rest of the country’s economy, using a panel data over the period 1990-2005. His findings showed that global integration, through trade or FDI flows, raises a state economy’s business cycle synchronization with other regions of the US and the world economy. Yun (2004) determined whet ...
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
... Physical Development of a Positive Impact on Local Economic Growth There is a significant and positive influence Physical Development for Local Economic Growth. The better the physical condition of development will increasingly run the economy in a region. Physical Development in this study is chara ...
... Physical Development of a Positive Impact on Local Economic Growth There is a significant and positive influence Physical Development for Local Economic Growth. The better the physical condition of development will increasingly run the economy in a region. Physical Development in this study is chara ...
Economic globalization: role of inward and outward FDI with
... series data from a period of 1970- 2005 for Malaysia. This study found that there is no evidence of bi-directional causality and long run relationship between FDI and economic growth. This indicates that FDI has an indirect effect on economic growth in Malaysia. A study by Desai, Foley and Hines Jr. ...
... series data from a period of 1970- 2005 for Malaysia. This study found that there is no evidence of bi-directional causality and long run relationship between FDI and economic growth. This indicates that FDI has an indirect effect on economic growth in Malaysia. A study by Desai, Foley and Hines Jr. ...
What is Real GDP?
... GDP Deflator: Like the CPI it is also a price index. However the composition of the items in the consumption basket is different. Instead of only including consumption items, the basket now also includes farm goods, producer goods, crude materials, services, capital equipment and export goods. The ...
... GDP Deflator: Like the CPI it is also a price index. However the composition of the items in the consumption basket is different. Instead of only including consumption items, the basket now also includes farm goods, producer goods, crude materials, services, capital equipment and export goods. The ...
The Impact of Local Government Expenditure Efficiency on
... the local economy activity. Basically, budget expenditure could increase consumption and investment which ultimately resulted the acceleration on growing of Gross Domestic Product (GDP). Furthermore, the growth GDP lead declining on the unemployment rates which finally could reduce the poverty level ...
... the local economy activity. Basically, budget expenditure could increase consumption and investment which ultimately resulted the acceleration on growing of Gross Domestic Product (GDP). Furthermore, the growth GDP lead declining on the unemployment rates which finally could reduce the poverty level ...
P R W N
... Traditional growth theory makes no mention of incentives and private property rights; they are simply taken as given. In reality this is not the case. Obviously, many countries of the Third World lack secure and well-established private property rights and there are many graduations between secure a ...
... Traditional growth theory makes no mention of incentives and private property rights; they are simply taken as given. In reality this is not the case. Obviously, many countries of the Third World lack secure and well-established private property rights and there are many graduations between secure a ...
Controls of capitals in emergent economies
... capacity utilization, external debt as a ratio of GDP, net exports as a ratio of GDP and level of domestic rate of interest under different initial conditions for the level of external debt. After that, we analyze the degree of economy’s fragility to external shocks as, for example, variations in th ...
... capacity utilization, external debt as a ratio of GDP, net exports as a ratio of GDP and level of domestic rate of interest under different initial conditions for the level of external debt. After that, we analyze the degree of economy’s fragility to external shocks as, for example, variations in th ...
economic growth and social inequality: does the
... years of shameful and disastrous colonialism. It embraced centralized planning, an import substitution industrial policy, state intervention in labour and financial markets, a large public sector, and business regulation. Though most heavy industries and mining operations at that time were publicly ...
... years of shameful and disastrous colonialism. It embraced centralized planning, an import substitution industrial policy, state intervention in labour and financial markets, a large public sector, and business regulation. Though most heavy industries and mining operations at that time were publicly ...
Understanding the Drivers of National Innovative Capacity.
... (roughly) equivalent to the United States by the end of the observed period. Moreover, such convergence does not simply reflect convergence in economywide productivity: for example, despite extremely slow economic growth during the 1990s, Japan has remained committed to policies and invested in reso ...
... (roughly) equivalent to the United States by the end of the observed period. Moreover, such convergence does not simply reflect convergence in economywide productivity: for example, despite extremely slow economic growth during the 1990s, Japan has remained committed to policies and invested in reso ...
No Slide Title
... and output rates both grow at the natural rate, g. • If price inflation exceeds (is less than) the excess nominal wage inflation, output growth must be more (less) than g. • But what determines excess wage inflation ? -- the new-Keynesian wage equation. ...
... and output rates both grow at the natural rate, g. • If price inflation exceeds (is less than) the excess nominal wage inflation, output growth must be more (less) than g. • But what determines excess wage inflation ? -- the new-Keynesian wage equation. ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... shaped the direction of the global economy, particularly in the past decade. The positive trend has transformed the development profile of the BRICS countries, lifting millions out of the vicious cycle of poverty. Inclusive growth in China has spawned large-scale poverty reduction, with the head-cou ...
... shaped the direction of the global economy, particularly in the past decade. The positive trend has transformed the development profile of the BRICS countries, lifting millions out of the vicious cycle of poverty. Inclusive growth in China has spawned large-scale poverty reduction, with the head-cou ...
THE RESOURCE CURSE IN SUB-SAHARAN AFRICA: A REALITY
... resource boom, German and British industrial revolution was triggered by a large discovery of ore and coal and Norway has made good use of their natural wealth and turned it into economic prosperity for all next-generation (Papyrakis & Gerlagh, 2003). Ross (2012) also mentioned similar allegations i ...
... resource boom, German and British industrial revolution was triggered by a large discovery of ore and coal and Norway has made good use of their natural wealth and turned it into economic prosperity for all next-generation (Papyrakis & Gerlagh, 2003). Ross (2012) also mentioned similar allegations i ...
presentation file
... 3. Inflows of Capital (FDI+ portfolio): Change in the stock of portfolio equity and direct investment liabilities; 56 countries, (WS: 60), 1970-1998, (Lane and Milessi-Feretti, 2001) (LM). 4. Inflows of Capital + Inflows of Debt: 3 + change in the stock of portfolio debt liabilities and other invest ...
... 3. Inflows of Capital (FDI+ portfolio): Change in the stock of portfolio equity and direct investment liabilities; 56 countries, (WS: 60), 1970-1998, (Lane and Milessi-Feretti, 2001) (LM). 4. Inflows of Capital + Inflows of Debt: 3 + change in the stock of portfolio debt liabilities and other invest ...
... Steve Gui-Diby and Zheng Jian. ESCAP staff who provided comments and suggestions substantively included: Rae Kwon Chung (Director), Aneta Slaveykova Nikolova and Kareff Limocon Rafisura of the Environment and Development Division; Shamika N. Sirimanne (Director) and Sanjay Kumar Srivastava of the In ...
Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Of more importance is the growth of the ratio of GDP to population (GDP per capita, which is also called per capita income). An increase in growth caused by more efficient use of inputs (such as physical capital, population, or territory) is referred to as intensive growth. GDP growth caused only by increases in the amount of inputs available for use is called extensive growth.In economics, ""economic growth"" or ""economic growth theory"" typically refers to growth of potential output, i.e., production at ""full employment"". As an area of study, economic growth is generally distinguished from development economics. The former is primarily the study of how countries can advance their economies. The latter is the study of the economic development process particularly in low-income countries.Growth is usually calculated in real terms – i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. Since economic growth is measured as the annual percent change of gross domestic product (GDP), it has all the advantages and drawbacks of that measure.