... inflows declined, the central bank sold almost US$ 2.5 billion to authorized dealers between January and October 2015; however, foreign exchange reserves remain high. Inflation decreased from 7.5% in January 2015 to 4.5% in August 2015, and unemployment, though still very low, rose from 3.1% in the ...
Colorado business leaders remain positive for 2014 Jan. 2, 2014 Richard Wobbekind
... (:14) What we actually saw, something we were very pleased about, was an uptick in terms of capital expenditures and hiring. This tells us they really in the back of their minds are pretty confident that they are going to go ahead and put more money into machinery and people. It’s indicating that th ...
... (:14) What we actually saw, something we were very pleased about, was an uptick in terms of capital expenditures and hiring. This tells us they really in the back of their minds are pretty confident that they are going to go ahead and put more money into machinery and people. It’s indicating that th ...
Carlin
... budget surpluses & tumbling debt ratio during 1999-2007) Demands: • Effective policy-making / governance at national level OR • Major institutional reforms / change from non-coordination with large wage setters … to a different variety of capitalism (? Latvia) OR • Monitoring by Brussels (& other go ...
... budget surpluses & tumbling debt ratio during 1999-2007) Demands: • Effective policy-making / governance at national level OR • Major institutional reforms / change from non-coordination with large wage setters … to a different variety of capitalism (? Latvia) OR • Monitoring by Brussels (& other go ...
do tax cuts work
... which business cycle peaks occurred. Private saving is measured as a percent of GDP; other data are measured as the average annual percent change during the period. Potential economic growth, trend productivity, and total hours worked are all CBO calculations in which the major effects of the busine ...
... which business cycle peaks occurred. Private saving is measured as a percent of GDP; other data are measured as the average annual percent change during the period. Potential economic growth, trend productivity, and total hours worked are all CBO calculations in which the major effects of the busine ...
Economic Activity
... and services produced in one year. – Most commonly used measure to determine a country’s overall economic growth Growth in GDP ...
... and services produced in one year. – Most commonly used measure to determine a country’s overall economic growth Growth in GDP ...
Unit 8 - Industrialization _ Economic Development Review
... 3. raw materials (iron ore, coal) 4. rivers, canals, harbors (ease in trade) 5. small, compact size (iron and coal near rivers and harbors) ...
... 3. raw materials (iron ore, coal) 4. rivers, canals, harbors (ease in trade) 5. small, compact size (iron and coal near rivers and harbors) ...
Biophysical Limits to Economic Growth
... to use first because their real cost is low. (Real cost: the amount of factors of production needed to make a farmland available for cultivation.) ...
... to use first because their real cost is low. (Real cost: the amount of factors of production needed to make a farmland available for cultivation.) ...
Burkina Faso – growth without poverty reduction - unu
... Causes of poverty 1. Rural productivity Output has grown the most in agriculture, at 50%; agriculture offered the highest sectoral returns in real terms during 1994-2011. Nevertheless, it is still only tantamount to 2.5% average annual real growth over this period, which is very low given the countr ...
... Causes of poverty 1. Rural productivity Output has grown the most in agriculture, at 50%; agriculture offered the highest sectoral returns in real terms during 1994-2011. Nevertheless, it is still only tantamount to 2.5% average annual real growth over this period, which is very low given the countr ...
Slowing Down and Falling Behind
... of employment for productive resources. It is not possible to measure the extent of idle capital, but figures are available for unemployed labour. These fluctuate with the trade cycle but the average level does not show any tendency to increase over the period. McCloskev concluded from this that the ...
... of employment for productive resources. It is not possible to measure the extent of idle capital, but figures are available for unemployed labour. These fluctuate with the trade cycle but the average level does not show any tendency to increase over the period. McCloskev concluded from this that the ...
Benefits of Multinationals
... New investment will increase output of goods & services Any extra output sold abroad, thus increasing exports, also imports could be reduced Taxes paid increases government funds enabling them to improve their services An efficient multinational might make high-quality products available at lower pr ...
... New investment will increase output of goods & services Any extra output sold abroad, thus increasing exports, also imports could be reduced Taxes paid increases government funds enabling them to improve their services An efficient multinational might make high-quality products available at lower pr ...
Economics of Malnutrition - State Health Society, Gujarat
... Median total losses (physical and cognitive) due to iron def are $16.8 per capita,4.05% of GDP Improving nutrition is therefore as much–or moreof an issue of economics as one of welfare, social protection and human rights Improving nutrition is a pro poor strategy, disproportionately increasing the ...
... Median total losses (physical and cognitive) due to iron def are $16.8 per capita,4.05% of GDP Improving nutrition is therefore as much–or moreof an issue of economics as one of welfare, social protection and human rights Improving nutrition is a pro poor strategy, disproportionately increasing the ...
PHDR 09 - Growth and Income poverty-19Nov2009
... • Income poverty targets for MKUKUTA and MDG out of reach (needs annual real consumption per capita growth of 3.2%) Slide 12 – Redistribution of income may not be effective without high and sustained growth rate – Exploit comparative advantages and raise domestic employment and productivity ...
... • Income poverty targets for MKUKUTA and MDG out of reach (needs annual real consumption per capita growth of 3.2%) Slide 12 – Redistribution of income may not be effective without high and sustained growth rate – Exploit comparative advantages and raise domestic employment and productivity ...
Economic Indicators and Measurements
... Population growth made up for shorter work week since early 1900s More important than size of labor force is its level of human capital ...
... Population growth made up for shorter work week since early 1900s More important than size of labor force is its level of human capital ...
Bahamas_en.pdf
... investment in hotel construction, especially the Baha Mar project and the Albany hotel project, and government infrastructure works. Higher food and fuel prices pushed up the rate of inflation from 1.3% in 2010 (October-October) to 3.2% in 2011. The pass-through effects of the hike in international ...
... investment in hotel construction, especially the Baha Mar project and the Albany hotel project, and government infrastructure works. Higher food and fuel prices pushed up the rate of inflation from 1.3% in 2010 (October-October) to 3.2% in 2011. The pass-through effects of the hike in international ...
Midterm Review
... Classical theory and the stationary state as implied by the law of diminishing marginal returns New Growth Theory Positive Externalities, network externalities and increasing returns. Patents and their conflicting effects on growth: Increasing growth by creating incentives for innovation Decreas ...
... Classical theory and the stationary state as implied by the law of diminishing marginal returns New Growth Theory Positive Externalities, network externalities and increasing returns. Patents and their conflicting effects on growth: Increasing growth by creating incentives for innovation Decreas ...
... posted in 2014. The slower pace of expansion is explained mainly by lacklustre growth in the country’s main trading partner economies and the fall in the soybean price. On the fiscal front, the public accounts are expected to record a deficit of 2.1% of GDP. This situation is unlikely to be turned r ...
2012-288-IM-Dominican Republic-COMPLETO
... ECLAC estimates that economic growth in 2012 will be around 4.5% and inflation at the end of the year will be very close to the lower limit of the range set by the central bank (5.5%). To April, the annualized rate of inflation was 4.04% and the accumulated rate was 0.95%. The lending rate to May wa ...
... ECLAC estimates that economic growth in 2012 will be around 4.5% and inflation at the end of the year will be very close to the lower limit of the range set by the central bank (5.5%). To April, the annualized rate of inflation was 4.04% and the accumulated rate was 0.95%. The lending rate to May wa ...
Obstacles to Development
... produces 25.1% of world’s output U.S. per capita GDP is 150 times that of Sierra Leone Walmart’s annual revenue is greater than all but 23 nations’ GDP ...
... produces 25.1% of world’s output U.S. per capita GDP is 150 times that of Sierra Leone Walmart’s annual revenue is greater than all but 23 nations’ GDP ...
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.