Sustaining Vietnam`s growth: The productivity challenge
... Getting economy-wide regulation right is a necessary condition for productivity and growth, but that will not be sufficient to sustain the broad-based growth from which Vietnam has benefited in recent years. Experience shows that variations in industry-specific government action go a long way toward ...
... Getting economy-wide regulation right is a necessary condition for productivity and growth, but that will not be sufficient to sustain the broad-based growth from which Vietnam has benefited in recent years. Experience shows that variations in industry-specific government action go a long way toward ...
0.1 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 2014Q3 2014Q4
... Quarterly growth rates for real GDP and its components for all OECD countries and geographic groupings, as well as historical data, are available for download from the OECD online data dissemination facility OECD.Stat at: http://stats.oecd.org/index.aspx?queryid=350 Contributions to real GDP growth ...
... Quarterly growth rates for real GDP and its components for all OECD countries and geographic groupings, as well as historical data, are available for download from the OECD online data dissemination facility OECD.Stat at: http://stats.oecd.org/index.aspx?queryid=350 Contributions to real GDP growth ...
The Solow Growth Model and Economic Growth
... Multifactor Productivity and “The Solow Residual” The variable A is formally known as Multifactor Productivity, neutral technological change that increases output for given levels of labor and capital stock. The Solow Residual – seeking to come up with a data series for the estimated growth in A ...
... Multifactor Productivity and “The Solow Residual” The variable A is formally known as Multifactor Productivity, neutral technological change that increases output for given levels of labor and capital stock. The Solow Residual – seeking to come up with a data series for the estimated growth in A ...
GDP and Beyond
... The main objective of this paper is to analyze the suitability of using GDP as a proper indicator for sustainability in a given national economy, identifying the main features that a proper measure of sustainability (composed by a set of indicators) should incorporate according to economic literatur ...
... The main objective of this paper is to analyze the suitability of using GDP as a proper indicator for sustainability in a given national economy, identifying the main features that a proper measure of sustainability (composed by a set of indicators) should incorporate according to economic literatur ...
View/Open - AgEcon Search
... rural communities, especially those in the West and East, are experiencing significant inflows of new residents. This in-migration consists primarily of older adults who are, or who expect to be, retired, and of telecommuters or business people no longer tied to particular locations. This trend obvi ...
... rural communities, especially those in the West and East, are experiencing significant inflows of new residents. This in-migration consists primarily of older adults who are, or who expect to be, retired, and of telecommuters or business people no longer tied to particular locations. This trend obvi ...
Expectations, and Credibility in a Model of Monetary Policy
... The motivation for this study is threefold. The first of these is that many central banks appear to alternate between distinct policy regimes associated with higher and lower rates of monetary expansion. This is possibly a reflection of the central bank’s attitudes towards inflation. The early eight ...
... The motivation for this study is threefold. The first of these is that many central banks appear to alternate between distinct policy regimes associated with higher and lower rates of monetary expansion. This is possibly a reflection of the central bank’s attitudes towards inflation. The early eight ...
tapping economic potential through broader workforce
... harder to seek out beneficial private-sector loans, and can prevent Indigenous contractors from bidding on large contracts due to an inability to secure bonding for businesses based on-reserve. Further, the majority of transfer funding is provided for the support of social programs and services and ...
... harder to seek out beneficial private-sector loans, and can prevent Indigenous contractors from bidding on large contracts due to an inability to secure bonding for businesses based on-reserve. Further, the majority of transfer funding is provided for the support of social programs and services and ...
Are we all Keynesians?
... Is there also a second Keynesian academic revolution? A rather negative answer: “These changes in ideology among world politicians create a different environment for economists. But as yet there are no strong shifts of opinion or practice among academic leaders of our profession. We search in vain ...
... Is there also a second Keynesian academic revolution? A rather negative answer: “These changes in ideology among world politicians create a different environment for economists. But as yet there are no strong shifts of opinion or practice among academic leaders of our profession. We search in vain ...
Exam (pdf - 288.69kb)
... as costs associated with the inevitable structural adjustment. These costs were then compared to longer-term benefits such as improvements in reducing carbon emissions leading to reduced probability of erratic weather patterns that destroy key infrastructure and increase the incidence of drought, fl ...
... as costs associated with the inevitable structural adjustment. These costs were then compared to longer-term benefits such as improvements in reducing carbon emissions leading to reduced probability of erratic weather patterns that destroy key infrastructure and increase the incidence of drought, fl ...
here - University of Malta
... of just below 2% and lower borrowing costs. The bond-buying programme is not yet having a major effect on unemployment as this is still high and deflation is still a threat, although it is expected that eventually the QE will bring about a turnaround in the EU economies. ...
... of just below 2% and lower borrowing costs. The bond-buying programme is not yet having a major effect on unemployment as this is still high and deflation is still a threat, although it is expected that eventually the QE will bring about a turnaround in the EU economies. ...
Switzerland`s growth deficit
... to the magnitude of its public sector. This is no longer true. If one adds up the spending of all levels of government, the social insurances (including health insurance and compulsory pension schemes), and the public enterprises (the utilities, the railways, the post office, etc), one is not far of ...
... to the magnitude of its public sector. This is no longer true. If one adds up the spending of all levels of government, the social insurances (including health insurance and compulsory pension schemes), and the public enterprises (the utilities, the railways, the post office, etc), one is not far of ...
Human Development - United Nations in Serbia
... population living in poverty has fallen by 50 percent (from 14.6 in 2002 to 6.6 in 2007). Poverty profile remained the same, with persistently high regional differences. Fiscal deficit remains, with spending increasing in 2007 as a proportion of GDP. Public expenditures reached 44 % of GDP in 2007. ...
... population living in poverty has fallen by 50 percent (from 14.6 in 2002 to 6.6 in 2007). Poverty profile remained the same, with persistently high regional differences. Fiscal deficit remains, with spending increasing in 2007 as a proportion of GDP. Public expenditures reached 44 % of GDP in 2007. ...
The causes of the Great Recession:
... happens there is nothing you can do about it. “You can only break a bubble if you break the underlying basis of the economy”. October 2007. Greenspan finally summed up what he had learned in a review of the crisis in his paper The Crisis, March 2010. He told us that what happened was “financial inte ...
... happens there is nothing you can do about it. “You can only break a bubble if you break the underlying basis of the economy”. October 2007. Greenspan finally summed up what he had learned in a review of the crisis in his paper The Crisis, March 2010. He told us that what happened was “financial inte ...
Secular stagnation or financial cycle drag?
... only reason why output reached potential, ie full employment. Third, and more technically, the natural (or equilibrium) real interest rate has been falling steadily and has been negative for some time.4 Now, the natural or equilibrium interest rate is typically defined as the rate that would prevail ...
... only reason why output reached potential, ie full employment. Third, and more technically, the natural (or equilibrium) real interest rate has been falling steadily and has been negative for some time.4 Now, the natural or equilibrium interest rate is typically defined as the rate that would prevail ...
Lessons from Economic Transition in Russia and China
... sought to use its state-owned, planned economy as a base for launching a new non-state, marketbased sector. China's strategy was a "two-sector" one, in contrast to the "one-sector" approach of the NIS and CEE states. While China sought to encourage a growing sector of non-state enterprises, to do so ...
... sought to use its state-owned, planned economy as a base for launching a new non-state, marketbased sector. China's strategy was a "two-sector" one, in contrast to the "one-sector" approach of the NIS and CEE states. While China sought to encourage a growing sector of non-state enterprises, to do so ...
President’s Report Board Directors
... The employment situation report for July was better than anticipated. More jobs were added than expected, and gains for the previous two months were revised higher. The unemployment rate also dipped slightly in July, though that was due primarily to a sizable decrease in the labor force. Also of pos ...
... The employment situation report for July was better than anticipated. More jobs were added than expected, and gains for the previous two months were revised higher. The unemployment rate also dipped slightly in July, though that was due primarily to a sizable decrease in the labor force. Also of pos ...
Boom and Bust: The Political Economy of Economic Disorder
... behavior of the government agents who make and administer policy.3 Recognition that public policy emerges from a political process has rarely been incorporated into macroeconomic analysis. Should the electoral interests of an incumbent party be advanced more effectively through policies that create ...
... behavior of the government agents who make and administer policy.3 Recognition that public policy emerges from a political process has rarely been incorporated into macroeconomic analysis. Should the electoral interests of an incumbent party be advanced more effectively through policies that create ...
COMPETITIVENESS REVISITED: A POLICY APPROACH FOR
... materializations of the latter goals, which can be expressed in terms of reducing differences of productivities and personal income among social groups, regions and sectors. In many ways, the smaller group of successful economies previously mentioned were able to catch up by basing their economic gr ...
... materializations of the latter goals, which can be expressed in terms of reducing differences of productivities and personal income among social groups, regions and sectors. In many ways, the smaller group of successful economies previously mentioned were able to catch up by basing their economic gr ...
economists occupational outlook
... develop forecasts. They research issues such as energy costs, inflation, interest rates, exchange rates, business cycles, taxes, or employment levels. Economists devise methods and procedures for obtaining the data they need. For example, sampling techniques may be used to conduct a survey, and v ...
... develop forecasts. They research issues such as energy costs, inflation, interest rates, exchange rates, business cycles, taxes, or employment levels. Economists devise methods and procedures for obtaining the data they need. For example, sampling techniques may be used to conduct a survey, and v ...
Australia`s international business events sector: the economic and
... from overseas (amounting to approximately 506,259 delegate days). • Perhaps more significantly, convention bureaux can help drive the policy and strategic focus of governments by directly aligning the business events they bid on with the priorities of government – be that at an industry or geographi ...
... from overseas (amounting to approximately 506,259 delegate days). • Perhaps more significantly, convention bureaux can help drive the policy and strategic focus of governments by directly aligning the business events they bid on with the priorities of government – be that at an industry or geographi ...
Chapter 9: Production and Productivity
... Nominal GDP: GDP reported in current prices Real GDP: GDP adjusted for inflation GDP deflator: price index that reduces current prices into prices of a base year Real per Capita GDP: the real gross domestic product divided by the country’s population ...
... Nominal GDP: GDP reported in current prices Real GDP: GDP adjusted for inflation GDP deflator: price index that reduces current prices into prices of a base year Real per Capita GDP: the real gross domestic product divided by the country’s population ...
Post–World War II economic expansion
""Golden Age of capitalism"" redirects here. Other periods this term may refer to are Gilded Age and Belle Époque.The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of economic prosperity in the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early 1970s. It ended with the collapse of the Bretton Woods system in 1971, the 1973 oil crisis, and the 1973–1974 stock market crash, which led to the 1970s recession. Narrowly defined, the period spanned from 1945 to 1952, with overall growth lasting well until 1971, though there are some debates on dating the period, and booms in individual countries differed, some starting as early as 1945, and overlapping the rise of the East Asian economies into the 1980s or 1990s.During this time there was high worldwide economic growth; Western European and East Asian countries in particular experienced unusually high and sustained growth, together with full employment. Contrary to early predictions, this high growth also included many countries that had been devastated by the war, such as Greece (Greek economic miracle), West Germany (Wirtschaftswunder), France (Trente Glorieuses), Japan (Japanese post-war economic miracle), and Italy (Italian economic miracle).