Economic Content - The Manchester Independent Economic Review
... developing economies into the global economy. In hindsight, however, lax economic and regulatory policies may have allowed unsustainable growth, and may have contributed to a build-up in imbalances across financial, housing, and commodity markets. At the same time, market flaws, together with policy ...
... developing economies into the global economy. In hindsight, however, lax economic and regulatory policies may have allowed unsustainable growth, and may have contributed to a build-up in imbalances across financial, housing, and commodity markets. At the same time, market flaws, together with policy ...
Chapter 26: Aggregate Supply and Aggregate Demand
... The SAS curve slopes upward. A rise in the price level with no change in the money wage rate induces firms to increase production. ...
... The SAS curve slopes upward. A rise in the price level with no change in the money wage rate induces firms to increase production. ...
The Macroeconomics of Scaling Up Aid
... Economic and social conditions in Benin clearly justify a scaling up of aid to make progress towards the MDGs. The recent IMF and World Bank Joint Staff Advisory Note (JSAN)5 indicates that, at the current pace of economic and social progress, Benin would not be able to reach all the MDG targets by ...
... Economic and social conditions in Benin clearly justify a scaling up of aid to make progress towards the MDGs. The recent IMF and World Bank Joint Staff Advisory Note (JSAN)5 indicates that, at the current pace of economic and social progress, Benin would not be able to reach all the MDG targets by ...
Problems for Macroeconomics, 2/e
... for the differences, the text leaves the implication that Japanese banking system is less efficient than the U.S. banking system, which perhaps allows for easier recovery in the United States. There is also an allusion to the liquidity trap in Japan, since interest rates are zero. However, the mecha ...
... for the differences, the text leaves the implication that Japanese banking system is less efficient than the U.S. banking system, which perhaps allows for easier recovery in the United States. There is also an allusion to the liquidity trap in Japan, since interest rates are zero. However, the mecha ...
gi-ivaschenko 221436 en
... circumstances that we anticipate to be influential in explaining the pattern of inequality in the transitional region. III. Potential Determinants of Rising Inequality in Transitional Countries There is a vast literature on the determinants of income inequality considering both individual-level fac ...
... circumstances that we anticipate to be influential in explaining the pattern of inequality in the transitional region. III. Potential Determinants of Rising Inequality in Transitional Countries There is a vast literature on the determinants of income inequality considering both individual-level fac ...
Financial Sector Policies, Poverty and Income Inequality
... important as ever. There is a growing literature on finance and inequality that primarily focuses on the link between financial development and inequality. As Demirguc-Kunt and Levine (2009) point out, a less developed financial system may influence how important individual skills versus parental we ...
... important as ever. There is a growing literature on finance and inequality that primarily focuses on the link between financial development and inequality. As Demirguc-Kunt and Levine (2009) point out, a less developed financial system may influence how important individual skills versus parental we ...
Chapter 7
... Using the exchange rate to compare GDP in one country with GDP in another country is problematic because prices of particular products in one country may be much less or much more than in the other country – the relative prices vary between countries, particularly for things not traded international ...
... Using the exchange rate to compare GDP in one country with GDP in another country is problematic because prices of particular products in one country may be much less or much more than in the other country – the relative prices vary between countries, particularly for things not traded international ...
Shocks - College of Business
... 4. Time Bunching—the tendency of economic activities to be coordinated at common points in time. It pays to coordinate your economic activities with those of others. Bunching also causes shocks to spread through the economy through time. • Example: Suppose a negative economic shock arrives and t ...
... 4. Time Bunching—the tendency of economic activities to be coordinated at common points in time. It pays to coordinate your economic activities with those of others. Bunching also causes shocks to spread through the economy through time. • Example: Suppose a negative economic shock arrives and t ...
What makes governments popular? - Centre for Economic Policy
... against external and internal threats. Internationally, governments should deter and repel military attacks. Domestically, they should prevent crime and ensure public order. One might, therefore, expect higher approval ratings when countries are at peace. However, some attacks cannot be deterred ...
... against external and internal threats. Internationally, governments should deter and repel military attacks. Domestically, they should prevent crime and ensure public order. One might, therefore, expect higher approval ratings when countries are at peace. However, some attacks cannot be deterred ...
Document
... Chapter Eighteen the effects of inflation and investment depends on real interest rate. ...
... Chapter Eighteen the effects of inflation and investment depends on real interest rate. ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... who studied how public debt affect the long-run allocation of resource, using basic AK endogenous-growth model, argue that high public debt-to-GDP ratio can negatively affect long-run economic growth by crowding out private investment. He argued that this can occur only if government tries to meet i ...
... who studied how public debt affect the long-run allocation of resource, using basic AK endogenous-growth model, argue that high public debt-to-GDP ratio can negatively affect long-run economic growth by crowding out private investment. He argued that this can occur only if government tries to meet i ...
Working Paper Series
... In 1987, Uganda embarked on an Economic Recovery Program with support from the IMF, the World Bank and other multilateral and bilateral donors. The principal objectives were to revamp the economy and enhance economic growth, to reduce inflation and to minimize the potential for a balance of payments ...
... In 1987, Uganda embarked on an Economic Recovery Program with support from the IMF, the World Bank and other multilateral and bilateral donors. The principal objectives were to revamp the economy and enhance economic growth, to reduce inflation and to minimize the potential for a balance of payments ...
GDP +3% in 2012 World growth firmer AUD peaking? Australian Industry Group
... that the information in this report is correct and any opinions, conclusions or recommendations are reasonably held or made, based on the information available at the time of its compilation, but no representation or warranty, either expressed or implied, is made or provided as to accuracy, reliabil ...
... that the information in this report is correct and any opinions, conclusions or recommendations are reasonably held or made, based on the information available at the time of its compilation, but no representation or warranty, either expressed or implied, is made or provided as to accuracy, reliabil ...
U G F – A
... the provisional estimates of 2000-01 did not indicate the GDP at market prices, the same was estimated using the rate of growth reported for GDP at factor cost. For tax revenues, buoyancy estimates are given. The buoyancy indicates the responsiveness of a tax to percentage changes in the tax base. H ...
... the provisional estimates of 2000-01 did not indicate the GDP at market prices, the same was estimated using the rate of growth reported for GDP at factor cost. For tax revenues, buoyancy estimates are given. The buoyancy indicates the responsiveness of a tax to percentage changes in the tax base. H ...
National Innovative Capacity -
... performed by the academic sector and funded by the private sector, and the degree of technological specialization. International patenting productivity also depends on each individual country’s knowledge “stock.” Further, national innovative capacity influences downstream commercialization, such as ...
... performed by the academic sector and funded by the private sector, and the degree of technological specialization. International patenting productivity also depends on each individual country’s knowledge “stock.” Further, national innovative capacity influences downstream commercialization, such as ...
MEASURING THE ECONOMY TOTAL OUTPUT Total Output (Y
... demand. So the question of finding the GDP seems like a simple matter of finding the values of the components of AD. The problem is that the components of AD may themselves be dependent on GDP, making it seem like the argument is circular. Specifically, the amount of consumption spending people unde ...
... demand. So the question of finding the GDP seems like a simple matter of finding the values of the components of AD. The problem is that the components of AD may themselves be dependent on GDP, making it seem like the argument is circular. Specifically, the amount of consumption spending people unde ...
SP_Economic Research_Global Infrastructure Investment (2)
... In our latest analysis, we estimate that an increase in spending of 1% of real GDP could add as many as 730,000 jobs to the U.S. economy in 2015. Put differently, it would provide average monthly job gains of 61,000--pushing overall monthly payroll gains to 272,000 (compared with our baseline foreca ...
... In our latest analysis, we estimate that an increase in spending of 1% of real GDP could add as many as 730,000 jobs to the U.S. economy in 2015. Put differently, it would provide average monthly job gains of 61,000--pushing overall monthly payroll gains to 272,000 (compared with our baseline foreca ...
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.