... 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 ...
A Geographical View of China`s Economic Development
... interest in the Chinese economy. In recent years, China has started to attract interest not only through its production role as the world’s factory, but also because of its importance as a vast consumer market, especially in recent years. Many reports have referred to the growing importance that Jap ...
... interest in the Chinese economy. In recent years, China has started to attract interest not only through its production role as the world’s factory, but also because of its importance as a vast consumer market, especially in recent years. Many reports have referred to the growing importance that Jap ...
Spring 2014 May 16, 2014 Econ 100 Midterm Examination #2 Name
... Suppose that more Chinese decide to vacation in the U.S. and that the Chinese purchase more U.S. Treasury bonds. Ignoring how payments are made for these purchases, a. the first action by itself raises U.S. net exports, the second action by itself raises U.S. net capital outflow. b. the first action ...
... Suppose that more Chinese decide to vacation in the U.S. and that the Chinese purchase more U.S. Treasury bonds. Ignoring how payments are made for these purchases, a. the first action by itself raises U.S. net exports, the second action by itself raises U.S. net capital outflow. b. the first action ...
The Canadian Business Cycle: A Comparison of Models
... For instance, Fisher (1925, p. 191) points out that “so-called business-cycles”likely result from pure randomness in output ‡uctuations, something which he describes as the “Monte Carlo cycle”; this is later associated by Neftçi (1984) with the presence of a “drift”in most macroeconomic time series. ...
... For instance, Fisher (1925, p. 191) points out that “so-called business-cycles”likely result from pure randomness in output ‡uctuations, something which he describes as the “Monte Carlo cycle”; this is later associated by Neftçi (1984) with the presence of a “drift”in most macroeconomic time series. ...
New Zealand’s macro-economic performance in the 1990s: trends and policy debates
... argued that it was necessary to cut spending to ‘lessen exposure to debt build up and create investor confidence.’ It argued that the consolidation should be achieved through spending cuts, rather than tax increases, and should be dealt with as ‘quickly as is practicable’ (Treasury, 1990). While it ...
... argued that it was necessary to cut spending to ‘lessen exposure to debt build up and create investor confidence.’ It argued that the consolidation should be achieved through spending cuts, rather than tax increases, and should be dealt with as ‘quickly as is practicable’ (Treasury, 1990). While it ...
2014 CEO Pulse Survey - Dublin Chamber of Commerce
... years, Maroon indicates later years. Source: Data taken from OECD Development Centre Working Paper number 285, “The Emerging Middle Class In Developing Countries,” January 2010. ...
... years, Maroon indicates later years. Source: Data taken from OECD Development Centre Working Paper number 285, “The Emerging Middle Class In Developing Countries,” January 2010. ...
View/Open
... Marin (1992) estimated the causal linkages between exports and productivity for four developed countries (Germany, United Kingdom, U.S., and Japan) based on cointegration and Granger causality. According to his results, world output could be linked to productivity independent of exports with the exc ...
... Marin (1992) estimated the causal linkages between exports and productivity for four developed countries (Germany, United Kingdom, U.S., and Japan) based on cointegration and Granger causality. According to his results, world output could be linked to productivity independent of exports with the exc ...
P6466 - iii Template
... was the region that saw the most losses (296) from 2002 through 2013. The U.S. eastern seaboard dropped of the list as there were no total ...
... was the region that saw the most losses (296) from 2002 through 2013. The U.S. eastern seaboard dropped of the list as there were no total ...
globalisation and convergence
... most of the post-World War II period. Those economies that were relatively rich at the start of the twentieth century have by and large seen their material wealth and prosperity explode. Those nations and economies that were relatively poor have grown richer too, but for the most part much more slow ...
... most of the post-World War II period. Those economies that were relatively rich at the start of the twentieth century have by and large seen their material wealth and prosperity explode. Those nations and economies that were relatively poor have grown richer too, but for the most part much more slow ...
economics
... output per worker. Other determinants of output, including human capital, natural resources, and technology, are held constant. The curve becomes flatter as the amount of capital increases because of diminishing returns to capital. © 2011 Cengage Learning. All Rights Reserved. May not be copied, sca ...
... output per worker. Other determinants of output, including human capital, natural resources, and technology, are held constant. The curve becomes flatter as the amount of capital increases because of diminishing returns to capital. © 2011 Cengage Learning. All Rights Reserved. May not be copied, sca ...
The Troika Process: Economic Models and
... evolved over the past 40 years into a formal working group known as the Troika. While the Troika membership and scope of responsibilities has changed, the general structure and process have proven remarkably resilient despite the significant changes in Administrations, personnel, and political philo ...
... evolved over the past 40 years into a formal working group known as the Troika. While the Troika membership and scope of responsibilities has changed, the general structure and process have proven remarkably resilient despite the significant changes in Administrations, personnel, and political philo ...
says the Conference Board of Canada
... cent in 2015 to 2.6 per cent in 2016. That is a change from the last three years, when the province was able to generate only modest average annual growth of 1.3 per cent. While exports struggled to start the year, that was due mainly to temporary factors, and the export sector will combine with hou ...
... cent in 2015 to 2.6 per cent in 2016. That is a change from the last three years, when the province was able to generate only modest average annual growth of 1.3 per cent. While exports struggled to start the year, that was due mainly to temporary factors, and the export sector will combine with hou ...
economic growth - The Bleyzer Foundation
... during the second half of 2004 and ended the year with 3.2% yoy decline. To some extent such dynamics may be explained by high cost of energy inputs and administrative regulation of electricity and gas prices that make this type of activity less profitable. However, with the administrative adjustmen ...
... during the second half of 2004 and ended the year with 3.2% yoy decline. To some extent such dynamics may be explained by high cost of energy inputs and administrative regulation of electricity and gas prices that make this type of activity less profitable. However, with the administrative adjustmen ...
doc - Brown University
... • thus, initially there is nearly universal equality and poverty; as the economy develops, people are removed from poverty until all workers have some skills and work in a modern commercial economy • inequality in industrialized countries: • recently income inequality has increased in industrialized ...
... • thus, initially there is nearly universal equality and poverty; as the economy develops, people are removed from poverty until all workers have some skills and work in a modern commercial economy • inequality in industrialized countries: • recently income inequality has increased in industrialized ...
Economic Impacts on Olympic Host Countries
... lasts for a hundred and eleven years till 2007. The Olympic Games have been such high level games for athletic competition that all the countries are honored of holding the Olympic Games. Liang (1994) pointed out that the Olympic Games were not only the most influential sports event in the world but ...
... lasts for a hundred and eleven years till 2007. The Olympic Games have been such high level games for athletic competition that all the countries are honored of holding the Olympic Games. Liang (1994) pointed out that the Olympic Games were not only the most influential sports event in the world but ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... 1975 they accounted for less than 50%, and by 1980 for less than 40%. These declines were offset by increases in construction, manufacturing, and, most importantly, mining. Viewed from the expenditure side, there is impressive growth in the share of GDP going to investment. As measured, the share do ...
... 1975 they accounted for less than 50%, and by 1980 for less than 40%. These declines were offset by increases in construction, manufacturing, and, most importantly, mining. Viewed from the expenditure side, there is impressive growth in the share of GDP going to investment. As measured, the share do ...
Econometrics Analysis of the Impact of Fiscal Stance on Economic Growth in Nigeria (1970-2010)
... government expenditures, deficit, and taxes but the literature does not systematically favour one policy option to the others. Levine and Renelt (1992) found that none of these fiscal indicators is robustly correlated with economic growth when evaluated individually. The fragility of fiscal indicato ...
... government expenditures, deficit, and taxes but the literature does not systematically favour one policy option to the others. Levine and Renelt (1992) found that none of these fiscal indicators is robustly correlated with economic growth when evaluated individually. The fragility of fiscal indicato ...
Chapter-7 FIVE YEAR PLANS Introduction : 7.1 Indian planning is
... Eurozone which erupted in the last year of the Eleventh Plan. The crisis affected all countries including India. Our growth slowed down to 6.2 percent in 2011-12 and the deceleration continued into the first year of the Twelfth Plan, when the economy is estimated to have grown by only 5 percent . Th ...
... Eurozone which erupted in the last year of the Eleventh Plan. The crisis affected all countries including India. Our growth slowed down to 6.2 percent in 2011-12 and the deceleration continued into the first year of the Twelfth Plan, when the economy is estimated to have grown by only 5 percent . Th ...
Wage-led versus profit-led demand regimes:
... paper will suggest another possibility, which is that the empirical evidence for profit-led demand regimes is likely to be relevant only to short-term behavior over the business cycle, and not to longer-term economic performance (for example, comparisons of the post-1980s neoliberal era with the “go ...
... paper will suggest another possibility, which is that the empirical evidence for profit-led demand regimes is likely to be relevant only to short-term behavior over the business cycle, and not to longer-term economic performance (for example, comparisons of the post-1980s neoliberal era with the “go ...
Five Year Plan
... Eurozone which erupted in the last year of the Eleventh Plan. The crisis affected all countries including India. Our growth slowed down to 6.2 percent in 2011-12 and the deceleration continued into the first year of the Twelfth Plan, when the economy is estimated to have grown by only 5 percent . Th ...
... Eurozone which erupted in the last year of the Eleventh Plan. The crisis affected all countries including India. Our growth slowed down to 6.2 percent in 2011-12 and the deceleration continued into the first year of the Twelfth Plan, when the economy is estimated to have grown by only 5 percent . Th ...
Greece: Military Expenditure, Economic Growth
... broader security environment of the region, Greece is forced to allocate a substantial part of its national income to defence at a period when the defence budgets of many European countries are shrinking. This undoubtedly hinders Greece’s efforts to achieve economic convergence with other EU members ...
... broader security environment of the region, Greece is forced to allocate a substantial part of its national income to defence at a period when the defence budgets of many European countries are shrinking. This undoubtedly hinders Greece’s efforts to achieve economic convergence with other EU members ...
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.