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2015 Quarter 1 NAMIBIAN SNAPSHOT
... The services sector contributed three-quarters of overall economic growth (at factor cost) over the past decade. The tertiary sector includes a large tourism industry, developed banking sector, and strong retail sector. Although the Namibian economy has a small agricultural sector in terms of value ...
... The services sector contributed three-quarters of overall economic growth (at factor cost) over the past decade. The tertiary sector includes a large tourism industry, developed banking sector, and strong retail sector. Although the Namibian economy has a small agricultural sector in terms of value ...
Preface: Technology, Growth, and the Labor Market
... Stiroh reviewed recent studies on the sustainable rate of labor productivity growth and quantified the source of growth, focusing on information technology (IT). Using an augmented growth accounting framework, they concluded that the resurgence of labor productivity growth during the late 1990s rema ...
... Stiroh reviewed recent studies on the sustainable rate of labor productivity growth and quantified the source of growth, focusing on information technology (IT). Using an augmented growth accounting framework, they concluded that the resurgence of labor productivity growth during the late 1990s rema ...
Panama_en.pdf
... significantly with respect to the preceding year (49.4% in real terms), owing to investments in public works projects such as roads, social infrastructure and housing. After implementing several procedural changes, the Tax Administration Department has improved its taxcollecting capacity. Consequent ...
... significantly with respect to the preceding year (49.4% in real terms), owing to investments in public works projects such as roads, social infrastructure and housing. After implementing several procedural changes, the Tax Administration Department has improved its taxcollecting capacity. Consequent ...
277 Coyle, Diane. GDP: A Brief but Affectionate History. Princeton
... pricing and treating software as a business investment—may have contributed to the excessive optimism over US economic growth during the early 2000s (p. 92). GDP and war have a close but difficult relationship. Early national income accounts were motivated by efforts in England and Wales or France t ...
... pricing and treating software as a business investment—may have contributed to the excessive optimism over US economic growth during the early 2000s (p. 92). GDP and war have a close but difficult relationship. Early national income accounts were motivated by efforts in England and Wales or France t ...
Lorentz curve, extracting data
... income (= GDP per capita) for each country by calculating GDP ...
... income (= GDP per capita) for each country by calculating GDP ...
MayaWileyPresentation
... “[A]lmost three out of four black families living in today’s poorest, most segregated neighborhoods are the same families that lived in the ghettos of the 1970s. This is true for only 40% of whites.” Prof. Pat Sharkey ...
... “[A]lmost three out of four black families living in today’s poorest, most segregated neighborhoods are the same families that lived in the ghettos of the 1970s. This is true for only 40% of whites.” Prof. Pat Sharkey ...
Productivity
... • Because of diminishing returns, higher saving leads to a higher growth for a period of time, but growth will eventually slow down. • Also because of diminishing returns, the return to capital is especially high in poor countries. ...
... • Because of diminishing returns, higher saving leads to a higher growth for a period of time, but growth will eventually slow down. • Also because of diminishing returns, the return to capital is especially high in poor countries. ...
Is inequality good for growth?
... Insufficient investment in human capital Declining social mobility Weakening of institutions Potential for instability ...
... Insufficient investment in human capital Declining social mobility Weakening of institutions Potential for instability ...
It has been more than quarter of a century since India has broken
... back the money that was transferred to them in the first place. These people will not mind such tax rate modulation, as it does not change their current post-tax income levels. My back of the envelope exercise shows that India has roughly 600 million people above the age of 18. Taking 15 as the aver ...
... back the money that was transferred to them in the first place. These people will not mind such tax rate modulation, as it does not change their current post-tax income levels. My back of the envelope exercise shows that India has roughly 600 million people above the age of 18. Taking 15 as the aver ...
INFORMATION BULLETIN
... only local who opted not to sign on to the provincial framework agreement, has not yet reached an agreement with SD 34 (Abbotsford). Within 30 days of ratification of a new collective agreement by a board of education, the local union and BCPSEA, the board will reimburse each employee for all schedu ...
... only local who opted not to sign on to the provincial framework agreement, has not yet reached an agreement with SD 34 (Abbotsford). Within 30 days of ratification of a new collective agreement by a board of education, the local union and BCPSEA, the board will reimburse each employee for all schedu ...
Managing Resource Wealth
... How can exhaustible gas be transformed into reproducible physical or human capital by saving the resource rents? What are best ways of harnessing windfalls? Does this involve sovereign wealth funds, citizen dividends, public infrastructure or cutting debt? How do bottlenecks in non-traded and constr ...
... How can exhaustible gas be transformed into reproducible physical or human capital by saving the resource rents? What are best ways of harnessing windfalls? Does this involve sovereign wealth funds, citizen dividends, public infrastructure or cutting debt? How do bottlenecks in non-traded and constr ...
Secular Stagnation
... • A number of broad policy solutions have been put forth to counter secular stagnation: • Real interest rates • One solution to boost demand would be to further lower real interest rates (interest rates minus inflation) • While interest rates have fallen in recent years, equilibrium interest rate (t ...
... • A number of broad policy solutions have been put forth to counter secular stagnation: • Real interest rates • One solution to boost demand would be to further lower real interest rates (interest rates minus inflation) • While interest rates have fallen in recent years, equilibrium interest rate (t ...
Human Capital and Growth
... of law. This index is measured on a 0 –1 scale, with 0 indicating the poorest maintenance of the rule of law and 1 the best. The results indicate that an increase in the rule of law has a positive and statistically significant effect on growth. An improvement by one category among the seven used by ...
... of law. This index is measured on a 0 –1 scale, with 0 indicating the poorest maintenance of the rule of law and 1 the best. The results indicate that an increase in the rule of law has a positive and statistically significant effect on growth. An improvement by one category among the seven used by ...
03 FRQ handout
... live. The majority of the citizens are below the poverty level. The country’s main religion is Catholicism. They believe in large, extended families and children are heavily involved in the labor force. The citizens have limited, minimal health care available to them. Although officially a democracy ...
... live. The majority of the citizens are below the poverty level. The country’s main religion is Catholicism. They believe in large, extended families and children are heavily involved in the labor force. The citizens have limited, minimal health care available to them. Although officially a democracy ...
August 12, 2016
... Retail sales in the U.S. paused in July after three straight months of gains the Commerce Department reported. Sales were essentially flat after a gain of +0.8% in June. Economists had expected growth of +0.4% for July. Auto sales were up +1.1% in July, the strongest since April. However, removing ...
... Retail sales in the U.S. paused in July after three straight months of gains the Commerce Department reported. Sales were essentially flat after a gain of +0.8% in June. Economists had expected growth of +0.4% for July. Auto sales were up +1.1% in July, the strongest since April. However, removing ...
Slide 1
... Countries with inward-oriented policies have generally failed to create growth. E.g., Argentina during the 20th century. ...
... Countries with inward-oriented policies have generally failed to create growth. E.g., Argentina during the 20th century. ...
ECONOMIC GROWTH AND COMPETITION POLICY IN MALAYSIA
... 1991 - 2020 : Vision 2020 – total development 1991 - 2000 : National Development Policy – balanced development 2001 - 2010 : National Vision Policy- building resilient and competitive Nation ...
... 1991 - 2020 : Vision 2020 – total development 1991 - 2000 : National Development Policy – balanced development 2001 - 2010 : National Vision Policy- building resilient and competitive Nation ...
Parkin-Bade Chapter 19
... Origins and Issues of Macroeconomics Economists began to study economic growth, inflation, and international payments during the 1750s. Modern macroeconomics dates from the Great Depression, a decade (1929-1939) of high unemployment and stagnant production throughout the world economy. John Maynard ...
... Origins and Issues of Macroeconomics Economists began to study economic growth, inflation, and international payments during the 1750s. Modern macroeconomics dates from the Great Depression, a decade (1929-1939) of high unemployment and stagnant production throughout the world economy. John Maynard ...
Exam 3
... 2. “Convergence” has been occurring between the OECD countries because a. the rich countries give away some of their output to the poor countries b. the poorer countries have had higher growth rates than the richer countries c. the richer countries have had higher growth rates than the poorer ones d ...
... 2. “Convergence” has been occurring between the OECD countries because a. the rich countries give away some of their output to the poor countries b. the poorer countries have had higher growth rates than the richer countries c. the richer countries have had higher growth rates than the poorer ones d ...
IOSR Journal Of Humanities And Social Science (IOSR-JHSS)
... foreign direct investment, investment in capital goods, better capacity utilization etc. However, education is considered as one of the effective ways to influence the growth. Education has been treated as an important determinant of economic growth since the time of Adam Smith. The economists have ...
... foreign direct investment, investment in capital goods, better capacity utilization etc. However, education is considered as one of the effective ways to influence the growth. Education has been treated as an important determinant of economic growth since the time of Adam Smith. The economists have ...
doc - Brad DeLong
... richer too, but for the most part much more slowly. And the relative gulf between rich and poor economies has grown steadily. Today this relative gulf is larger than at any time in humanity's previous experience, or at least larger than at any time since there were some tribes that had discovered ho ...
... richer too, but for the most part much more slowly. And the relative gulf between rich and poor economies has grown steadily. Today this relative gulf is larger than at any time in humanity's previous experience, or at least larger than at any time since there were some tribes that had discovered ho ...
Document
... • A Housing Refinance Boom follows, money flows to consumer pockets, the economy is not weak after all • So far, so good ...
... • A Housing Refinance Boom follows, money flows to consumer pockets, the economy is not weak after all • So far, so good ...
CPF Discussion Brief on the Alternative Vote
... competitive advantage of the UK. It is impossible to stop certain country’s “copying” or breaching patent protection in a global economy; therefore investment in “staying ahead of the game” has to be a critical approach to any growth programme. 3/ Imports will and should come from whichever country ...
... competitive advantage of the UK. It is impossible to stop certain country’s “copying” or breaching patent protection in a global economy; therefore investment in “staying ahead of the game” has to be a critical approach to any growth programme. 3/ Imports will and should come from whichever country ...
Economic growth
![](https://commons.wikimedia.org/wiki/Special:FilePath/Gdp_accumulated_change.png?width=300)
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.