Per Capita GNI (USD at PPP)
... wealth, emphasizing human capital and, increasingly, social capital Social capital refers, among other things, to governance and institutions ...
... wealth, emphasizing human capital and, increasingly, social capital Social capital refers, among other things, to governance and institutions ...
December 2011 - Manpower Professional
... The one major index that increased during 2011 was the Dow Jones Industrial index. The Nasdaq technology stock index also declined to a very limited degree (-2.2%). Do these developments point to the conclusion that the US economy did not perform that badly in 2011? Growth in the US is forecast to b ...
... The one major index that increased during 2011 was the Dow Jones Industrial index. The Nasdaq technology stock index also declined to a very limited degree (-2.2%). Do these developments point to the conclusion that the US economy did not perform that badly in 2011? Growth in the US is forecast to b ...
Briefing by the Financial and Fiscal Commission on the 2014
... • Medium term budget mirrors Commission’s previous severe scenario of protracted slow global growth feeding into South Africa’s economy • Between 2015 and 2017, economic growth is less than 1.5% while its per capita income growth is markedly less than those obtained in peer emerging market economies ...
... • Medium term budget mirrors Commission’s previous severe scenario of protracted slow global growth feeding into South Africa’s economy • Between 2015 and 2017, economic growth is less than 1.5% while its per capita income growth is markedly less than those obtained in peer emerging market economies ...
Fertility and mortality
... Productivity is calculated as the amount of goods and services produced divided by the inputs used to produce them. Productivity growth indicates a higher level of output for a given level of inputs and will be the key driver of GDP growth in the decades ahead. Faster productivity growth would enabl ...
... Productivity is calculated as the amount of goods and services produced divided by the inputs used to produce them. Productivity growth indicates a higher level of output for a given level of inputs and will be the key driver of GDP growth in the decades ahead. Faster productivity growth would enabl ...
ECON 102 MIDTERM 2 – LIST OF TOPICS
... returns to labor tells us that as the number of workers employed increases, output will initially increase at an increasing rate and then eventually increase at a decreasing rate (we can see this from the shape of the aggregate production function). As the employment of labor increases the amount of ...
... returns to labor tells us that as the number of workers employed increases, output will initially increase at an increasing rate and then eventually increase at a decreasing rate (we can see this from the shape of the aggregate production function). As the employment of labor increases the amount of ...
Bank of England Inflation Report November 2014
... Sources: NMG Consulting survey and Bank calculations. (a) The 2014 household survey carried out by NMG Consulting on behalf of the Bank took place between 3 and 24 September and had 6,001 online respondents. Typically, the survey is conducted on an annual basis, although an additional survey was und ...
... Sources: NMG Consulting survey and Bank calculations. (a) The 2014 household survey carried out by NMG Consulting on behalf of the Bank took place between 3 and 24 September and had 6,001 online respondents. Typically, the survey is conducted on an annual basis, although an additional survey was und ...
Unit 4 – GDP and Business Cycle
... • Besides capital deepening, the other key source of economic growth is technological progress. • Technological progress is an increase in efficiency gained by producing more output without using more inputs. • A variety of factors contribute to technological progress: – Innovation When new products ...
... • Besides capital deepening, the other key source of economic growth is technological progress. • Technological progress is an increase in efficiency gained by producing more output without using more inputs. • A variety of factors contribute to technological progress: – Innovation When new products ...
Gross Domestic Product, 2016
... The contribution of domestic demand was positive (3.7 percentage points). Among the components of the domestic demand, the largest contribution to the increase in the volume is realised in the households final consumption expenditure (2.2 percentage points) . The contribution of net foreign demand w ...
... The contribution of domestic demand was positive (3.7 percentage points). Among the components of the domestic demand, the largest contribution to the increase in the volume is realised in the households final consumption expenditure (2.2 percentage points) . The contribution of net foreign demand w ...
A Vision for Philippine Agriculture
... after the 7.1 percent growth, which was the highest in 31 years, in 2007. The growth slowed down to 3.2 percent in 2008 and slid in 2009. This slowdown after 2007, however, is not largely due to the crisis. While the crisis had indeed contributed to this, the main cause of the slowdown in 2008, thou ...
... after the 7.1 percent growth, which was the highest in 31 years, in 2007. The growth slowed down to 3.2 percent in 2008 and slid in 2009. This slowdown after 2007, however, is not largely due to the crisis. While the crisis had indeed contributed to this, the main cause of the slowdown in 2008, thou ...
Your First Five Steps to 100% Template Compliance (the non
... TCB growth projections are based on measurement of trend growth rather than potential output growth Projections of Gross Domestic Product (GDP) for medium- (2015-2019) and long-term (2020-2025) trend growth cover 11 regions, including 33 advanced economies and 22 major emerging economies Model ...
... TCB growth projections are based on measurement of trend growth rather than potential output growth Projections of Gross Domestic Product (GDP) for medium- (2015-2019) and long-term (2020-2025) trend growth cover 11 regions, including 33 advanced economies and 22 major emerging economies Model ...
Nepal’s Binding Constraints to Growth I. Introduction
... • The value of Nepal’s new Human Empowerment Index (HEI) is 0.463 (including social, economic and political indicators into a composite index of empowerment). The economic empowerment is lowest at 0.337, which reflects the low level of income, limited access to productive assets and lack of gainful ...
... • The value of Nepal’s new Human Empowerment Index (HEI) is 0.463 (including social, economic and political indicators into a composite index of empowerment). The economic empowerment is lowest at 0.337, which reflects the low level of income, limited access to productive assets and lack of gainful ...
China`s New Strategy for Long
... income in real purchasing power at the end of the first decade in the new century was similar to that in Japan a few years before its step down from high to moderate growth in the mid 1970s. From about 2004, as China entered the turning period of economic development, the old growth model began to b ...
... income in real purchasing power at the end of the first decade in the new century was similar to that in Japan a few years before its step down from high to moderate growth in the mid 1970s. From about 2004, as China entered the turning period of economic development, the old growth model began to b ...
policy impact: emerging market opportunity
... stimulate growth in consumer markets8, while the government’s five-year fiscal plan supports factory automation and the development of highly skilled workers in order to enhance productivity. Some global analysts expect China’s growth to continue at a healthy 6 percent average annual pace.9 ...
... stimulate growth in consumer markets8, while the government’s five-year fiscal plan supports factory automation and the development of highly skilled workers in order to enhance productivity. Some global analysts expect China’s growth to continue at a healthy 6 percent average annual pace.9 ...
Euro-zone recovery: resilient (PDF, 127 KB)
... Euro-zone GDP growth softened in Q4 2010 (to +0.3%, after +0.4% in Q3), due to a weather-related postponement of construction investment, notably in Germany and in France, and to a slowdown in global activity, which dampened the area export growth. Consumption rebounded at a rate of 0.4%, in part at ...
... Euro-zone GDP growth softened in Q4 2010 (to +0.3%, after +0.4% in Q3), due to a weather-related postponement of construction investment, notably in Germany and in France, and to a slowdown in global activity, which dampened the area export growth. Consumption rebounded at a rate of 0.4%, in part at ...
What to do about poverty and unemployment in
... Yet the importance of employment and secure return to labour (whether it is termed a decent wage or a living income) cannot be over-estimated. What is needed above all is an employment policy that puts the emphasis on strengthening the growth-employment nexus by promoting job creation and improving ...
... Yet the importance of employment and secure return to labour (whether it is termed a decent wage or a living income) cannot be over-estimated. What is needed above all is an employment policy that puts the emphasis on strengthening the growth-employment nexus by promoting job creation and improving ...
Macroeconomics
... • In the US housing and automotive NOT corporate investment • In China policy lending, TBTF firms, local government ...
... • In the US housing and automotive NOT corporate investment • In China policy lending, TBTF firms, local government ...
Peter McCawley_KeyNote
... “Understanding growth is surely the most urgent task in economics. Across the world, poverty remains the single greatest cause of misery; and the surest remedy for poverty is economic growth. It is true that growth can create problems of its own (congestion and pollution, for instance) ... But such ...
... “Understanding growth is surely the most urgent task in economics. Across the world, poverty remains the single greatest cause of misery; and the surest remedy for poverty is economic growth. It is true that growth can create problems of its own (congestion and pollution, for instance) ... But such ...
Saudi Arabia Business Forecast Report Q2 2011 Brochure
... pencil in GDP growth of 3.5% in real terms between 2012 and 2015. S audi Arabia’s investment climate remains one of our favourites in the Middle East and North Africa. Relative political stability, great scope for growth in capital extensive sectors like infrastructure, impressive oil reserves and p ...
... pencil in GDP growth of 3.5% in real terms between 2012 and 2015. S audi Arabia’s investment climate remains one of our favourites in the Middle East and North Africa. Relative political stability, great scope for growth in capital extensive sectors like infrastructure, impressive oil reserves and p ...
Productivity
... countries is more than ten times that in the world’s poorest countries. • The standard of living in an economy depends on the economy’s ability to produce goods and services. Copyright © 2004 South-Western ...
... countries is more than ten times that in the world’s poorest countries. • The standard of living in an economy depends on the economy’s ability to produce goods and services. Copyright © 2004 South-Western ...
Chapter 8 - Central Web Server 2
... APPLYING THE CONCEPTS #3: How can we use economic analysis to understand the sources of growth in different countries? ...
... APPLYING THE CONCEPTS #3: How can we use economic analysis to understand the sources of growth in different countries? ...
Document
... countries is more than ten times that in the world’s poorest countries. • The standard of living in an economy depends on the economy’s ability to produce goods and services. Copyright © 2004 South-Western ...
... countries is more than ten times that in the world’s poorest countries. • The standard of living in an economy depends on the economy’s ability to produce goods and services. Copyright © 2004 South-Western ...
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.