Economic Outlook
... The Governing Council expects the key ECB interest rates to remain at present or lower levels for an extended period of time. This expectation is based on the overall subdued outlook for inflation extending into the medium term, given the broad-based weakness in the real economy and subdued monetary ...
... The Governing Council expects the key ECB interest rates to remain at present or lower levels for an extended period of time. This expectation is based on the overall subdued outlook for inflation extending into the medium term, given the broad-based weakness in the real economy and subdued monetary ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... demand that are translated into fluctuations in output and employment because wages and prices are considerably less than fully flexible over the relevant time horizons. This view of the world has long prevailed in the work on business cycles, which thus sharply departed from the competitive marketc ...
... demand that are translated into fluctuations in output and employment because wages and prices are considerably less than fully flexible over the relevant time horizons. This view of the world has long prevailed in the work on business cycles, which thus sharply departed from the competitive marketc ...
A Model-Based Theory Building for Ecological Economics: A System
... and shows how the SD approach helps to analyze the dynamic interactions between economic and ecological systems. One author is an economist, another is a system dynamicist, and the third straddles the two fields The primary contribution of this paper is the application of an SD approach to an ecolog ...
... and shows how the SD approach helps to analyze the dynamic interactions between economic and ecological systems. One author is an economist, another is a system dynamicist, and the third straddles the two fields The primary contribution of this paper is the application of an SD approach to an ecolog ...
the Economic Impact of China`s Population
... The take-off effect is well-known to the development economics and is a ...
... The take-off effect is well-known to the development economics and is a ...
Attainment of Potential Growth Rates in Nigeria under Balance of
... subsequent years (Table 1). This suggests that the SAP period was characterised by relatively low level absorptive capacity of the economy since some proportions of savings were not translated into investment (Adewuyi, 2000). Moreover, since terms of trade fluctuated during this period, nominal grow ...
... subsequent years (Table 1). This suggests that the SAP period was characterised by relatively low level absorptive capacity of the economy since some proportions of savings were not translated into investment (Adewuyi, 2000). Moreover, since terms of trade fluctuated during this period, nominal grow ...
Poverty, Inequality and Development
... • How does income distribution change over time? What is the relation between level of development and inequality? • Simon Kuznets developed a two-sector model and explained the inverted-U shape of the curve. • At low levels of income, as labor moves from agriculture to industry, inequalities rise i ...
... • How does income distribution change over time? What is the relation between level of development and inequality? • Simon Kuznets developed a two-sector model and explained the inverted-U shape of the curve. • At low levels of income, as labor moves from agriculture to industry, inequalities rise i ...
Indicative mapping of the Core Set of Economic Statistics and... 1
... Proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions Percentage of the population covered by social protection floors/systems, disaggregated by sex, and distinguishing between children, the unemployed, old-age persons, persons wi ...
... Proportion of men, women and children of all ages living in poverty in all its dimensions according to national definitions Percentage of the population covered by social protection floors/systems, disaggregated by sex, and distinguishing between children, the unemployed, old-age persons, persons wi ...
An Analysis of the Export and Economic Growth in
... If we are to state the primary exportation commodities of Turkish businesses; vehicles, garments, machin e and components, electri cal devi ces, iron and steel, minerals, iron and steel commodities, fruits, manu factured plastic items, metal items, vessels, cotton, aluminum, rubber and related p rod ...
... If we are to state the primary exportation commodities of Turkish businesses; vehicles, garments, machin e and components, electri cal devi ces, iron and steel, minerals, iron and steel commodities, fruits, manu factured plastic items, metal items, vessels, cotton, aluminum, rubber and related p rod ...
Understanding R&D Policy: Efficiency or Politics? ECONOMICS
... Governments, therefore, design policies to increase the amount of R&D in the economy. One the one hand, policies such as anti-brain-drain measures, financial market reforms, improvement of the patent protection system, and tax relief, among others, try to incentive private R&D. Government-funded R&D ...
... Governments, therefore, design policies to increase the amount of R&D in the economy. One the one hand, policies such as anti-brain-drain measures, financial market reforms, improvement of the patent protection system, and tax relief, among others, try to incentive private R&D. Government-funded R&D ...
Global Crude Outlook James C. Gibbons 212-834-5213
... a. Primary sectors b. Non-primary sectors ...
... a. Primary sectors b. Non-primary sectors ...
Microsoft Word - UWE Research Repository
... denote infeasible combinations in that they involve the ratio but not the difference switching, or vice versa. ...
... denote infeasible combinations in that they involve the ratio but not the difference switching, or vice versa. ...
G - University of Southampton
... 33) In response to an increase in total factor productivity A) both the substitution effect and the income effect suggest that hours worked should decrease. B) the substitution effect suggests that hours worked should increase, while the income effect suggests that hours worked should decrease. C) b ...
... 33) In response to an increase in total factor productivity A) both the substitution effect and the income effect suggest that hours worked should decrease. B) the substitution effect suggests that hours worked should increase, while the income effect suggests that hours worked should decrease. C) b ...
Analysis of the Relationship Between Insurance Industry
... 3. The Empirical Analysis of the Relationship between Insurance Industry Development and the Economic Growth of Tertiary Industry in Hebei Province 3.1The Development of Insurance Industry in Hebei Province As of the end of 2008, there are 35 provincial branch insurance companies and 3371 branch in ...
... 3. The Empirical Analysis of the Relationship between Insurance Industry Development and the Economic Growth of Tertiary Industry in Hebei Province 3.1The Development of Insurance Industry in Hebei Province As of the end of 2008, there are 35 provincial branch insurance companies and 3371 branch in ...
2015 Intergenerational Report
... and services as they did in the early 1970s. It is no coincidence that average income per person has also broadly doubled in this period. Technology is changing the way we interact with each other and how we live our lives. It is changing the face of business, markets, governments and social engagem ...
... and services as they did in the early 1970s. It is no coincidence that average income per person has also broadly doubled in this period. Technology is changing the way we interact with each other and how we live our lives. It is changing the face of business, markets, governments and social engagem ...
February 2010
... creation of Solar Valleys across the country and advised industrial houses to view it as a considerable opportunity. Dr Singh said that if the Mission were to come to fruition, many Solar Valleys would have to be created along the lines of the Silicon Valleys that spur the information technology ind ...
... creation of Solar Valleys across the country and advised industrial houses to view it as a considerable opportunity. Dr Singh said that if the Mission were to come to fruition, many Solar Valleys would have to be created along the lines of the Silicon Valleys that spur the information technology ind ...
CHINA’S ECONOMIC GROWTH AND LABOR EMPLOYMENT
... largely propelled by the absorption of new entrants to employment. More precisely, it was a process of the massive transfer of labor from the rural-agricultural sector to industry and services, the latter two sectors (particularly industry) being characterized by much higher levels of productivity ...
... largely propelled by the absorption of new entrants to employment. More precisely, it was a process of the massive transfer of labor from the rural-agricultural sector to industry and services, the latter two sectors (particularly industry) being characterized by much higher levels of productivity ...
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.