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FHWA Forecasts of Vehicle Miles Traveled (VMT): May 2014
... Alternative Economic Outlooks and VMT Forecasts Changes in vehicle use over the past two decades, particularly during the 2008-09 recession and prolonged recovery, have highlighted the uncertainty that surrounds forecasts of future growth in motor vehicle travel. Important sources of such uncertaint ...
... Alternative Economic Outlooks and VMT Forecasts Changes in vehicle use over the past two decades, particularly during the 2008-09 recession and prolonged recovery, have highlighted the uncertainty that surrounds forecasts of future growth in motor vehicle travel. Important sources of such uncertaint ...
Overview: Global Economic Developments and Ghana`s
... hana achieved a record high growth of 15% in 2011 (IMF, 2014a), but this could not be sustained in the subsequent years. The country’s growth has, however, been consistently above the average (median) for the sub–Saharan Africa region. In 2013 Ghana’s growth rate was 5.4%, against the target of 8.8% ...
... hana achieved a record high growth of 15% in 2011 (IMF, 2014a), but this could not be sustained in the subsequent years. The country’s growth has, however, been consistently above the average (median) for the sub–Saharan Africa region. In 2013 Ghana’s growth rate was 5.4%, against the target of 8.8% ...
Economic Development and Transition
... needs of their people, India is not able to do this. Within every nation, some people are wealthier than most, while others are poorer than most. In many less developed countries, the gap between rich and poor is especially wide. ...
... needs of their people, India is not able to do this. Within every nation, some people are wealthier than most, while others are poorer than most. In many less developed countries, the gap between rich and poor is especially wide. ...
evidence session summary document
... He referred to the Japanese nuclear disaster to illustrate the measurement problem. This has created a great deal of anxiety and may have led to harmful health effects on a large number of people. And yet, the expenditures required to respond to the disaster may indeed increase GDP, although no one ...
... He referred to the Japanese nuclear disaster to illustrate the measurement problem. This has created a great deal of anxiety and may have led to harmful health effects on a large number of people. And yet, the expenditures required to respond to the disaster may indeed increase GDP, although no one ...
34. Volkswirtschaftliche Tagung 2006
... its own. The first of these is low growth. Growth in the euro area was only about 1¼ percent in 2005, and the IMF projects that it will remain at about 2 percent in 2006. Europe’s key economic challenge is to raise its growth and employment performance while preserving social cohesion. Social cohesi ...
... its own. The first of these is low growth. Growth in the euro area was only about 1¼ percent in 2005, and the IMF projects that it will remain at about 2 percent in 2006. Europe’s key economic challenge is to raise its growth and employment performance while preserving social cohesion. Social cohesi ...
Lecture 17
... 17:Long-Term Economic Growth What are the long-term growth trends in the United States and other countries? What are the main factors that influence long-term growth? What policies might be used to speed up economic growth? ECON ...
... 17:Long-Term Economic Growth What are the long-term growth trends in the United States and other countries? What are the main factors that influence long-term growth? What policies might be used to speed up economic growth? ECON ...
Mongolia Business Forecast Report Q2 2011 Brochure
... Oyu Tolgoi Investment Agreement in 2009 will underpin investor confidence in the government’s probusiness credentials, which will support development of the mining sector. Mongolia’s favourable location next to China should ensure plentiful demand for its raw materials. The key risk remains inflatio ...
... Oyu Tolgoi Investment Agreement in 2009 will underpin investor confidence in the government’s probusiness credentials, which will support development of the mining sector. Mongolia’s favourable location next to China should ensure plentiful demand for its raw materials. The key risk remains inflatio ...
What are the consequences of an ageing population for Australia`s
... contribute to a reactionary interest rate rise. There is a risk that these factors may cause a ‘crowding out effect’, where private investment is displaced due to its interest rate sensitivity, and such a fall in investment may place downward pressure on GDP growth. ...
... contribute to a reactionary interest rate rise. There is a risk that these factors may cause a ‘crowding out effect’, where private investment is displaced due to its interest rate sensitivity, and such a fall in investment may place downward pressure on GDP growth. ...
Focus 7 Fexibility within the Stability and Growth Pact
... Flexibility within the Stability and Growth Pact On 13 January the European Commission issued a Communication on “making the best use of the flexibility within the existing rules of the Stability and Growth Pact” as a “contribution to developing a more growth-friendly fiscal stance in the euro area” ...
... Flexibility within the Stability and Growth Pact On 13 January the European Commission issued a Communication on “making the best use of the flexibility within the existing rules of the Stability and Growth Pact” as a “contribution to developing a more growth-friendly fiscal stance in the euro area” ...
2015 Quarter 1 SENEGALIAN SNAPSHOT
... of maintaining the currency peg with the euro and keeping consumer price inflation low and stable. The consumer price index (CPI) shrunk by 0.8% on average in 2014, from a 0.7% increase the year before. CPI inflation is set to nudge higher during 2015, and at around 2.72% still remains beneath the B ...
... of maintaining the currency peg with the euro and keeping consumer price inflation low and stable. The consumer price index (CPI) shrunk by 0.8% on average in 2014, from a 0.7% increase the year before. CPI inflation is set to nudge higher during 2015, and at around 2.72% still remains beneath the B ...
Outlook of Bangladesh Economy in the “Double
... Bangladesh is located in the tropics in South Asia and has a total area of 147,570 sq. km. It shares its borders with India on the west and north and Myanmar on the east. On the south, 66,400 kilometers of coastline merge into the Bay of Bengal. The country of Bangladesh is most known internationall ...
... Bangladesh is located in the tropics in South Asia and has a total area of 147,570 sq. km. It shares its borders with India on the west and north and Myanmar on the east. On the south, 66,400 kilometers of coastline merge into the Bay of Bengal. The country of Bangladesh is most known internationall ...
Wage-led Growth: Concept, Theories and Policies. w
... Wage growth has strong positive effects on labour effort and productivity–enhancing investments Higher real wage growth leads to faster productivity growth (Webb effect) ...
... Wage growth has strong positive effects on labour effort and productivity–enhancing investments Higher real wage growth leads to faster productivity growth (Webb effect) ...
Y BRIEFS MPDD POLIC Forward-looking Macroeconomic Policies – Re-examining
... expand employment. The net effect of inflation on poverty depends, thus, on the relative elasticities of real wage and employment with respect to inflation. One IMF study found that the inflation elasticity of the income (real wage) of the poor was only 0.03, while the output (employment) elasticity ...
... expand employment. The net effect of inflation on poverty depends, thus, on the relative elasticities of real wage and employment with respect to inflation. One IMF study found that the inflation elasticity of the income (real wage) of the poor was only 0.03, while the output (employment) elasticity ...
On National Fiscal Policy and Growth
... Unambiguously, one of the most interesting aspects of the recent revival of growth theory is the focus on the long-run effects of economic policy as such are reflected in the wide cross-country dispersion in average rates of growth. Therefore, the role of public policy is central in generating long- ...
... Unambiguously, one of the most interesting aspects of the recent revival of growth theory is the focus on the long-run effects of economic policy as such are reflected in the wide cross-country dispersion in average rates of growth. Therefore, the role of public policy is central in generating long- ...
he Myth of Asia`s Miracle
... all of Singapore's growth can be explained by increases in measured inputs. There is no sign at all of increased efficiency. In this sense, the growth of Lee Kuan Yew's Singapore is an economic twin of the growth of Stalin's Soviet Union growth achieved purely through mobilization of resources. Of c ...
... all of Singapore's growth can be explained by increases in measured inputs. There is no sign at all of increased efficiency. In this sense, the growth of Lee Kuan Yew's Singapore is an economic twin of the growth of Stalin's Soviet Union growth achieved purely through mobilization of resources. Of c ...
ASSESSMENT OF TRANSFORMATION PROCESSES IN THE
... the key reasons for the increase in the share of destitute population. Transit processes are especially painful for the inactive part of society: older people, the disables, and the unemployed who find it difficult to get accustomed to rapidly changing conditions. Until 1990, distribution of individ ...
... the key reasons for the increase in the share of destitute population. Transit processes are especially painful for the inactive part of society: older people, the disables, and the unemployed who find it difficult to get accustomed to rapidly changing conditions. Until 1990, distribution of individ ...
APMac2 - nrapmacro
... Current Key Economic Indicators as of February 5, 2010 Inflation On a seasonally adjusted basis, the CPI-U increased 0.1 percent in December 2009 after rising 0.4 percent in November. The index for all items less food and energy rose 0.1 percent in December after being unchanged in November. (Janua ...
... Current Key Economic Indicators as of February 5, 2010 Inflation On a seasonally adjusted basis, the CPI-U increased 0.1 percent in December 2009 after rising 0.4 percent in November. The index for all items less food and energy rose 0.1 percent in December after being unchanged in November. (Janua ...
Measuring the Wealth of the Nation”
... We follow the new consensus and begin with an explanation of what determines real GDP and employment and the pace of economic growth. (Bade ...
... We follow the new consensus and begin with an explanation of what determines real GDP and employment and the pace of economic growth. (Bade ...
Economic growth
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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.