Distribution, Structural Change and Economic Performance in
... the relative failure of South American Settler Societies to keep pace with the growth performance of other settler societies, and their steady decline in the international per capita GDP ranking. Even if, Chile has been recently considered as a case of partial success, in the long-run all the Latin ...
... the relative failure of South American Settler Societies to keep pace with the growth performance of other settler societies, and their steady decline in the international per capita GDP ranking. Even if, Chile has been recently considered as a case of partial success, in the long-run all the Latin ...
Short-Run and Long-Run Effects of Fiscal Austerity
... Why might the standard approach tend to find that fiscal consolidations are expansionary? • It may identify as consolidations times when revenues rose because of asset price booms (which are also times when output tends to rise). • It may include consolidations that were followed by growth, but exc ...
... Why might the standard approach tend to find that fiscal consolidations are expansionary? • It may identify as consolidations times when revenues rose because of asset price booms (which are also times when output tends to rise). • It may include consolidations that were followed by growth, but exc ...
the article (Word 35.5KB)
... To go through five editions of a book in New Zealand indicates the authors must be doing something right. What they seem to be doing right is producing a book that is short, clearly and concisely written and consequently very accessible to a considerable target audience – those doing an economics co ...
... To go through five editions of a book in New Zealand indicates the authors must be doing something right. What they seem to be doing right is producing a book that is short, clearly and concisely written and consequently very accessible to a considerable target audience – those doing an economics co ...
Economic growth 0.8 percent in first quarter
... Production in most commercial branches of industry was higher in the first quarter of 2004 than one year previously. In manufacturing, construction and agriculture production was positive again after two years of decrease. Trade and transport also showed a slight recovery. Within manufacturing, grow ...
... Production in most commercial branches of industry was higher in the first quarter of 2004 than one year previously. In manufacturing, construction and agriculture production was positive again after two years of decrease. Trade and transport also showed a slight recovery. Within manufacturing, grow ...
Congo, Dem Rep. - African Development Bank
... The social situation remained precarious in 2011 in spite of the growth recorded and the easing of inflationary pressures. The country’s progress towards realising the Millennium Development Goals (MDGs) is still very slow. Health conditions are worrying because of major dietary deficiencies and difficu ...
... The social situation remained precarious in 2011 in spite of the growth recorded and the easing of inflationary pressures. The country’s progress towards realising the Millennium Development Goals (MDGs) is still very slow. Health conditions are worrying because of major dietary deficiencies and difficu ...
IOSR Journal of Business and Management (IOSR-JBM) ISSN: 2278-487X.
... expenditure and after World War II public expenditures have increased in developed and developing countries. Since the government of many developing nations believe that education plays a vital role in promoting economic growth, has consequently led to investment in the education sector. Theoretical ...
... expenditure and after World War II public expenditures have increased in developed and developing countries. Since the government of many developing nations believe that education plays a vital role in promoting economic growth, has consequently led to investment in the education sector. Theoretical ...
BNM Annual Report 2015
... negligence, negligent misstatement or otherwise) arising from any statement, opinion or information, expressed or implied, arising out of, contained in or derived from or omission from the reports or matter. HLBB may, to the extent permitted by law, buy, sell or hold significantly long or short posi ...
... negligence, negligent misstatement or otherwise) arising from any statement, opinion or information, expressed or implied, arising out of, contained in or derived from or omission from the reports or matter. HLBB may, to the extent permitted by law, buy, sell or hold significantly long or short posi ...
JBIC`s Approach to Poverty Issue
... most critical in Vietnam. The study is to be finalized soon. Some preliminary results are as follows. (1) GDP per capita at constant prices has increased 7 % per year over 1995-2000. Share of crop and livestock production in total GDP has fallen from 54 % to 47 %, whereas that of industry and servic ...
... most critical in Vietnam. The study is to be finalized soon. Some preliminary results are as follows. (1) GDP per capita at constant prices has increased 7 % per year over 1995-2000. Share of crop and livestock production in total GDP has fallen from 54 % to 47 %, whereas that of industry and servic ...
Multiple-choicefrågor till tentamen i makroekonomi to 27 april 2006
... nominal hourly wage was 110 kronor in 2006 and was 112 in 2007. What was the inflation rate between 2006 and 2007? By how many percent did the nominal wage increase? How the real wage develop, in percentage terms. 2 points 2. When are fiscal policies expansionary? In other words, what is the criteri ...
... nominal hourly wage was 110 kronor in 2006 and was 112 in 2007. What was the inflation rate between 2006 and 2007? By how many percent did the nominal wage increase? How the real wage develop, in percentage terms. 2 points 2. When are fiscal policies expansionary? In other words, what is the criteri ...
PRESENTATION 1 INTRODUCTION&GDP
... The Consumer Price Index (CPI) - measures the average price of goods and services bought by consumers Rate of Inflation – the percentage change in the overall price level from one year to the ...
... The Consumer Price Index (CPI) - measures the average price of goods and services bought by consumers Rate of Inflation – the percentage change in the overall price level from one year to the ...
Diapositive 1
... 5 Stylised facts 1. World output has seen an abrupt acceleration over the long run. 2. GDP per capita and productivity can fluctuate significantly in the medium run. These fluctuations are not necessarily synchronised across countries. 3. Some countries have been able to catch up with the living st ...
... 5 Stylised facts 1. World output has seen an abrupt acceleration over the long run. 2. GDP per capita and productivity can fluctuate significantly in the medium run. These fluctuations are not necessarily synchronised across countries. 3. Some countries have been able to catch up with the living st ...
The Welfare Effects of a Large Depreciation: The Case of Egypt
... A number of areas are shown by the Investment Climate Surveys to require more attention to a number of areas on which the government is working already: • Improving access to finance and the effectiveness of the financial sector to intermediate resources, especially to SMEs and services firms • Redu ...
... A number of areas are shown by the Investment Climate Surveys to require more attention to a number of areas on which the government is working already: • Improving access to finance and the effectiveness of the financial sector to intermediate resources, especially to SMEs and services firms • Redu ...
ECON366 - KONSTANTINOS KANELLOPOULOS
... “Real per-capita GDP is a good measure of economic welfare.” Real GDP per capita is an imperfect measure of economic welfare as it does not include non-market activities which affect well being, such as the value of household services, volunteer work, the loss of natural wilderness areas resulting f ...
... “Real per-capita GDP is a good measure of economic welfare.” Real GDP per capita is an imperfect measure of economic welfare as it does not include non-market activities which affect well being, such as the value of household services, volunteer work, the loss of natural wilderness areas resulting f ...
Why Natural Resources Are Not Always a Good
... self-evidently necessary for long term growth. That’s surely the conventional wisdom, but is industrialization really an essential prerequisite to reaching the high-income stage of economic development? Classical economics counsels specialization. If a country is really, really good at growing coffe ...
... self-evidently necessary for long term growth. That’s surely the conventional wisdom, but is industrialization really an essential prerequisite to reaching the high-income stage of economic development? Classical economics counsels specialization. If a country is really, really good at growing coffe ...
The Scope of Government and the Wealth of Nations
... The provision of a limited set of goods is the second category of the growth enhancing functions of government. These goods include education, highways, and various aspects of telecommunications infrastructure. An educated population is more productive and better able to engage productively in a mar ...
... The provision of a limited set of goods is the second category of the growth enhancing functions of government. These goods include education, highways, and various aspects of telecommunications infrastructure. An educated population is more productive and better able to engage productively in a mar ...
Financing Innovation
... Knowledge as factor of production Bubbles and busts as technology and finance get misaligned ...
... Knowledge as factor of production Bubbles and busts as technology and finance get misaligned ...
PDF Download
... 3-month interest rates in the euro-zone continued their rise in June. The Governing Council of the European Central Bank had decided, on 8 June, to raise the interest rate on the Eurosystem`s main refinancing operations from 3.75% to 4.25%. The interest rates on the deposit and marginal lending faci ...
... 3-month interest rates in the euro-zone continued their rise in June. The Governing Council of the European Central Bank had decided, on 8 June, to raise the interest rate on the Eurosystem`s main refinancing operations from 3.75% to 4.25%. The interest rates on the deposit and marginal lending faci ...
Projections of Domestic Resources
... access to essential health services in all countries. Leadership and other governance actions are required. Countries and their partners need to emphasize key health financing priorities in addition to resource mobilization: efficient allocation to essential health services and to underserved ...
... access to essential health services in all countries. Leadership and other governance actions are required. Countries and their partners need to emphasize key health financing priorities in addition to resource mobilization: efficient allocation to essential health services and to underserved ...
Social Cooperation and the Process of Economic
... Peter J. Boettke is professor of economics at George Mason University and a senior research fellow at the Mercatus Center. He has held faculty and research positions at New York University, Stanford University, Russian Academy of Sciences, Stockholm School of Economics, Max Planck Institute in Jena, ...
... Peter J. Boettke is professor of economics at George Mason University and a senior research fellow at the Mercatus Center. He has held faculty and research positions at New York University, Stanford University, Russian Academy of Sciences, Stockholm School of Economics, Max Planck Institute in Jena, ...
AGF Fixed Income – Will rates continue to rise?
... Going forward, it is likely that markets will continue to adapt to a new U.S. political regime, which at this stage remains uncertain as to what policy proposals may be enacted and to what magnitude. Drags on capital spending, inventories and energy are likely to fade if Trump’s policies are impleme ...
... Going forward, it is likely that markets will continue to adapt to a new U.S. political regime, which at this stage remains uncertain as to what policy proposals may be enacted and to what magnitude. Drags on capital spending, inventories and energy are likely to fade if Trump’s policies are impleme ...
Core Priorities : Infrastructure
... Total cost of Tsh. 42.9 trillion (an average of Tsh. 8.6 trillion per year) Government contribution is estimated at Tsh. 2.6 trillion per year. The remainder is expected to come from other sources like PPP's, private sector and development partners (DPs) The share of Government will come from ...
... Total cost of Tsh. 42.9 trillion (an average of Tsh. 8.6 trillion per year) Government contribution is estimated at Tsh. 2.6 trillion per year. The remainder is expected to come from other sources like PPP's, private sector and development partners (DPs) The share of Government will come from ...
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.