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egypt vision 2030 - Arab Development Portal
egypt vision 2030 - Arab Development Portal

... For each KPI, the current level and specific targets in 2020 and 2030 were identified in light of recent conditions, lessons learned from similar experiences and best practices. All KPIs were reviewed to avoid any conflict. 5. Challenges that prevent the achieving of the quantitative targets Challen ...
Chapter 4 – Revenue Projections
Chapter 4 – Revenue Projections

... 4.11 Stamp duties as a whole accounts for 10% of the estimated total government revenue in 2014-15. Stamp duties from property transactions and stock transactions each takes up around half of this revenue item. As is evident from Chart 4.6, stamp duties as a source of revenue is exceptionally volati ...
Disposable income
Disposable income

... • Consumption and saving • Primarily determined by Disposable Income • Direct relationship – as DI increases, so does consumption. • Saving is what’s left over, what’s not spent. • Households spend a higher percentage of a small disposable income than of a large disposable income. Important – This i ...
Debt policy in Euro-area countries: Evidence for Germany and Italy
Debt policy in Euro-area countries: Evidence for Germany and Italy

... when the government subsidizes social insurances, thus, reducing the primary surplus as just mentioned. Further, the social surplus ratio also serves as a business cycle indicator since it declines in recessions and rises in booms. The real interest rate is an important factor which determines the d ...
Chapter 10
Chapter 10

... I. Consumption Function (CF) A. With Y (GDP) on the horizontal axis, and C (Consumption Spending) on the vertical, the curve representing the relationship between the level of spending at various income levels is called the Consumption Function. For comparison, a line is also drawn at a 45 degree an ...
CHAPTER 2 Measuring the Performance of the Canadian Economy
CHAPTER 2 Measuring the Performance of the Canadian Economy

... d. Your local car dealership decides to reduce its inventory by offering price reductions. e. A retired worker gets an increase in Social Security benefits. a. When a hurricane destroys property, wealth is affected, not income (or GDP). However, if a significant amount of the capital stock is destro ...
Middle East and North Africa: Demographic Highlights
Middle East and North Africa: Demographic Highlights

... and Egypt) had a population higher than that of Italy, the UK and France. The youth dependency ratio is also very high in most of these countries, the highest in West Bank and Gaza (85) and Yemen (80). Population and labour force growth rates of these countries are much higher than the G6 average. Q ...
Innovation Economics: How a New Theory Casts Light on an Old
Innovation Economics: How a New Theory Casts Light on an Old

... in the future (e.g., in infrastructure and research) are an unfunded liability similar to entitlements and accumulating FHA (Federal Housing Administration) foreclosures. They just do not show up on the books. Similarly, policies that reduce the deficit but make it harder for the United States to at ...
Document
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... The natural rate hypothesis argues that the economy self-corrects to the natural rate of unemployment. Over time, changes in the rate of inflation are fully anticipated, and prices and wages rise or fall proportionately. As a result, the long-run Phillips curve is a vertical line at the natural rat ...
How to Detect and Prevent Financial Statement Fraud
How to Detect and Prevent Financial Statement Fraud

... items from one year to the next. The first period in the analysis is considered the base, and the changes in the subsequent period are computed as a percentage of the base period. If more than two periods are presented, each period’s changes are computed as a percentage of the preceding period. The ...
Sir Roger Douglas and Robert MacCulloch
Sir Roger Douglas and Robert MacCulloch

... this proportion had risen to 9.6%. The rise was particularly rapid in the United States, where the total grew from about 5% of GDP in 1960 to around 17% today. Projections of public health spending by the OECD forecast an increase of another 7.7 percentage points of GDP by 2060.2 The cost of public ...
The National Budget 2015
The National Budget 2015

... mainland economy over the past 10 years. Significant terms of trade gains since 2000 have contributed to a strong increase in Norway’s real earnings. High demand from the petroleum sector has supported economic growth. Household demand has been bolstered by high growth in income, easy access to loan ...
THE PNC ECONOMIC OUTLOOK
THE PNC ECONOMIC OUTLOOK

... greater pessimism about the economy given the stock market lows and presidential election rhetoric since the start of the year. North Carolina’s economy will likely sustain strong growth through 2016. Financial services, education, health care and professional services will drive above-average payro ...
Bubble Trouble? - UCLA Anderson School of Management
Bubble Trouble? - UCLA Anderson School of Management

... strong in the next year as they have been in the previous year, the financial conditions that historically gave rise to the extreme housing downturns are not currently present. On the contrary, the financial conditions are about as favorable for housing as they have ever been. Absent interest rate i ...
Real Interest Rate
Real Interest Rate

... Use the “LFM” model, with the upward sloping supply curve, if there is a that you identified in part (a) on the demand for the U.S. dollar “change savings” or “change in demand for loanable funds”, such as in theinforeign exchange market. expansionary or contractionary fiscal policy. Answer: Because ...
Sanlam Investment Management Value Fund Class A1
Sanlam Investment Management Value Fund Class A1

... long term (greater than 5 years). It is designed to substantially outperform the markets and therefore carries a long-term investment horizon (5 years and upwards). The portfolio will be diversified across all major asset classes with significant exposure to equities, and may include offshore equiti ...
Employment of Chinese Migrant Workers in Off-Farm Jobs
Employment of Chinese Migrant Workers in Off-Farm Jobs

... technology and mechanization. Another 110 million workers are absorbed into the township enterprises and the left 200 million workers become surplus labor. Because of dense population and relatively scarce farmland, only 50% farmers are engaged in farming, animal husbandry, agricultural product proc ...
2017 Workplace Benefits Report - Bank of America Merrill Lynch
2017 Workplace Benefits Report - Bank of America Merrill Lynch

... In conclusion Employees, while optimistic, are clearly looking for help better understanding how to manage their financial lives. There is an opportunity here for employers to provide needed education and access to professionals to help their employees with a broad range of solutions. From wanting ...
Blues Plans Are Criticized on Executive Compensation
Blues Plans Are Criticized on Executive Compensation

... Blackstone contends that the company and its Blues plans in Illinois, New Mexico, Oklahoma and Texas "have performed very well over the past several years." The compensation practice, he asserts, is reviewed annually "to ensure it's in line with our industry's expectations. And based on both indepen ...
Miami Dade College ECO 2013 Principles of Macroeconomics
Miami Dade College ECO 2013 Principles of Macroeconomics

... 59. Which of the following illustrates the information lag? A) The economy is predicted to increase at 0.1% in July, but the numbers are revised in August to reflect an actual 2% decrease. B) Current data have been provided to policymakers, but they decide to wait and see what happens in the next qu ...
The World Order in 2050 - Carnegie Endowment for International
The World Order in 2050 - Carnegie Endowment for International

... domestic product (GDP), was gradually shifting to the South and the East. Now, as industrialized countries slowly resume growth along their pre-crisis trajectory but do not fully recover output lost during the crisis, developing countries—whose output losses during the crisis were much lower—will ac ...
Why Are Long-Term Interest Rates So Low?
Why Are Long-Term Interest Rates So Low?

... term premium appears likely to continue for several more years. Developments abroad have also affected the U.S. term premium. During times of increased global uncertainty and financial market volatility, foreign investors often prefer U.S. Treasury securities as a safe haven, pushing up their prices ...
Millenium Development Goals
Millenium Development Goals

... Burgernomics… • Burgernomics is based on the theory of purchasing-power parity (PPP), the notion that a dollar should buy the same amount in all countries. • Thus in the long run, the exchange rate between two countries should move towards the rate that equalizes the prices of an identical basket o ...
Fiscal Policy in an Open Economy
Fiscal Policy in an Open Economy

... environment, while the interest rate is exogenously given from abroad. Hence, the economy is small and open to the world capital markets. However, there is a friction associated with …nancial transactions which is elaborated below. Capital and goods are mobile internationally, but labor is not. The ...
Opportunities
Opportunities

...  A deployment ...
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Pensions crisis

The pensions crisis is a predicted difficulty in paying for corporate, state, and federal pensions in the United States and Europe, due to a difference between pension obligations and the resources set aside to fund them. Shifting demographics are causing a lower ratio of workers per retiree; contributing factors include retirees living longer (increasing the relative number of retirees), and lower birth rates (decreasing the relative number of workers, especially relative to the Post-WW2 Baby Boom). There is significant debate regarding the magnitude and importance of the problem, as well as the solutions.For example, as of 2008, the estimates for the underfunding of U.S. states' pension programs range from $1 trillion using the discount rate of 8% to $3.23 trillion using U.S. Treasury bond yields as the discount rate. The present value of unfunded obligations under Social Security as of August 2010 was approximately $5.4 trillion. In other words, this amount would have to be set aside today such that the principal and interest would cover the program's shortfall between tax revenues and payouts over the next 75 years.Some economists question the concept of funding, and, therefore underfunding. Storing funds by governments, in the form of fiat currencies, is the functional equivalent of storing a collection of their own IOUs. They will be equally inflationary to newly written ones when they do come to be used.Reform ideas are in three primary categories: a) Addressing the worker-retiree ratio, via raising the retirement age, employment policy and immigration policy; b) Reducing obligations via shifting from defined benefit to defined contribution pension types and reducing future payment amounts (by, for example, adjusting the formula that determines the level of benefits); and c) Increasing resources to fund pensions via increasing contribution rates and raising taxes.
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