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Full Report
Full Report

... (UNDP), and Economist Intelligence Unit (EIU). We also used comparison data from many other countries that have undergone transitions similar to that which could be in prospect in Myanmar today. While the unreliability of data is undeniably an issue, our hope is that this assessment will be a starti ...
Intermediate Macroeconomics
Intermediate Macroeconomics

macro policies targeting low inflation - ResearchDirect
macro policies targeting low inflation - ResearchDirect

... between 1961 and 2010. The data are gathered from standard sources such as World Bank’s World Development Indicators and the IMF’s International Financial Statistics and World Economic Outlook. Both static models such as Fixed Effects and Random Effects models, and dynamic panel estimation model (Sy ...
Hainan Property Guide
Hainan Property Guide

... capita stood at RMB14, 631. Hainan’s economy was dominated by agriculture with 50% of GDP from primary industry, 19% from secondary industry and 31% from service industry. Since the establishment of Hainan Province in 1988, the urban population percentage has increased over 30ppts to account for mor ...
Tracking the Middle-Income Trap
Tracking the Middle-Income Trap

... 2010), or “middle-income trap, if such traps exist” (World Bank 2010). Spence does not use the term “trap” but notes that the “middle-income transition […] turns out to be very problematic” (Spence 2011, 100). He defines the middle-income transition as “that part of the growth process that occurs wh ...
Blueprint for Economic Growth and Prosperity
Blueprint for Economic Growth and Prosperity

... Niagara is in a global fight – for business, for talent, for innovation and for investments. While the global economic recession has had an impact on Niagara’s economy, it has faced struggles that predate 2008. For the better part of the past decade, Niagara has borne the brunt of global shifts in l ...
Chapter 9 Gross Domestic Product
Chapter 9 Gross Domestic Product

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... Table 9. Improved water and sanitation Table 10. Communications Table 11. Transportation services Table 12. External debt ...
country report - Viet Nam
country report - Viet Nam

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... The predominant products imported were those necessary for supplying the national economy with raw materials and energy, as well as consumer goods. The volume of import from the European Union countries grew by 32.4%, from CIS countries by 36.3% and from other countries by 36.6%. SMEs Structure and ...
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Globalization has contributed to rapid expansion of FDI flows
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... the purpose of acquiring long-term interest in the venture. FDI can be a useful instrument for economic growth. This is especially essential for developing countries because it may helps bring in capital, technology and other skills to facilitate higher levels of productivity. However, the efficienc ...
Appendix I Saving Behavior in Thailand: Macroeconomic Evidence
Appendix I Saving Behavior in Thailand: Macroeconomic Evidence

... (Solow 1956) shows that economic growth in the can occur from the accumulation of capital, labor, or technology. Long-run output depends on the ratio of capital to labor and technological progress. High saving results in high investment and a higher capital stock. The Solow-Swan model, however, is s ...
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Macroeconomic Analysis of Causes and Effects of Remittances

finances in EMU – 2008 - European Commission
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... countries adjustment, both fiscal and structural, has been going on for several years. Government debt ratios should start to decline soon with positive implications for market risk assessments. And once debt ratios begin to decline, only modest additional fiscal tightening would be needed to bring ...
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... quotas of the original members were determined at the Bretton Woods Conference in 1944. The allocation was based mainly on economic size, as measured by national income and external trade value. Quotas of new members have been determined by similar principles. The IMF charter calls for general quota ...
COM SEC(2008)2092 EN
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... The main contributors were Lucio Pench, Salvador Barrios, Antoine Deruennes, Roland Eisenberg, Sebastian Kessing, Sven Langedijk, Martin Larch, Stig Malmedal, Peer Ritter and Andrea Schaechter. Specific contributions were provided by Marco Cacciotti, Jan in 't Veld, Francis Malherbe, João Nogueira M ...
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... being its effect. Thus, they assume that the main (short-term) effects of aid on growth occur, on average, one period after its disbursement. We base our analysis on their permutations of Burnside and Dollar (2000) and Rajan and Subramanian (2008) – the two studies that arguably gained most attentio ...
Economic Growth and Advertising Expenditures
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... different countries therefore will not only be limited but also variable and cannot adequately explain why some media are more seriously affected by economic downturns than others. Cross-Country Differences Advertising spending does not only vary in time (Demers, 1994) but also across countries. Ban ...
analysis of public sector efficiency in south-eastern european
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... 1.1 Defining Government and the Public Sector The government can be defined as the superior authority of one country that creates laws, acts, and regulation and has certain power over the units, e.g. people, companies, etc., within the area of its authority (European Commission, International Moneta ...
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remittances
remittances

... Given the growing importance of remittances as a source of PCF, these flows could potentially become an important tool for economic development, especially if they can be channelled into productive investment (Ratha 2007).5 From a macro-economic perspective, it is increasingly accepted that remittan ...
Provincial Economic Review and Outlook 2016
Provincial Economic Review and Outlook 2016

... Policy Statement. The 2016 PERO research emphasises a weak economic outlook as the next few years does not show meaningful economic growth. The Western Cape economy is slowing in line with the national economy and is extremely vulnerable to any further international and domestic shocks. This low gro ...


... for the first time in over a decade. To the continuing slow-down in major industrial countries in 1991 was added a sharp fall in output in the former Soviet Union, while the Eastern European economies did not show the hoped for resilience after undergoing wide-ranging economic reform. At the same ti ...
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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.
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