economists downgrade their forecast for Singapore’s GDP growth? ‘Singapore’s inflation accelerated to the fastest pace since January as transportation and housing costs increased‚ maintaining pressure on the central bank to allow the currency to strengthen even as growth falters.’ (Adam et al‚ 2011) Due to the sharp increase in housing costs and high COE (Certificate of Entitlement) premiums‚ the CPI (Consumer Price Index) inflation rate rose to 5.4% in July (Recent Economic Developments in Singapore
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Introduction There are a number of factors that can contribute to the growth of a population and these trends can be seen in a number of species. It is generally believed‚ from an ecological perspective‚ that populations will display either an exponential of logistic growth rate. If optimal environments are consistently maintained with no biotic or abiotic limiting factors (excess food‚ excess space availability‚ optimum climactic environment‚ no predation‚ etc) then a population will grow in
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located at the base of the brain from where it releases hormones that regulate several functions of the body – one being growth. Pituitary tumours can cause tissues to grow abnormally resulting in certain changes in facial appearance‚ enlarged hands and feet‚ headache and sweating – eyesight too can be affected; this condition is called acromegaly. If someone has excess growth hormone‚ they become excessively tall and become an acromegalic giant. About one in 20 people will have an abnormality in
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Growth Accounting The Solow growth model presents a theoretical framework for understanding the sources of economic growth‚ and the consequences for long-run growth of changes in the economic environment and in economic policy. But suppose that we wish to examine economic growth in a freer framework‚ without necessarily being bound to adopt in advance the conclusions of our economic theories. In order to conduct such a less theory-bound analysis‚ economists have built up an alternative framework
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the Boston Consulting Group (BCG) matrix. INTRODUCTION The BCG Growth-Share Matrix is a portfolio-planning model developed by Bruce Henderson of the Boston Consulting Group in the early 1970 ’s. It is based on the observation that a company ’s business units can be classified into four categories based on combinations of market growth and market share relative to the largest competitor‚ hence the name "growth-share". Market growth serves as a proxy for industry attractiveness‚ and relative market
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The Solow Growth Model Economics 202 14 April 2014 Statement on plagiarism: I understand that plagiarism is a serious offence and confirm that unless otherwise acknowledged the content of this essay is my own. Economic growth rates across countries are hardly ever the same and the Solow-growth model is the starting point at determining why growth rates differ across countries (Burda and Wyplosz‚ 2013: 61). This essay aims at examining the aspects of the Solow-Growth
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The Theory of Economic Growth: a ‘Classical’ Perspective The Theory of Economic Growth: a ‘Classical’ Perspective Edited by Neri Salvadori University of Pisa‚ Italy Edward Elgar Cheltenham‚ UK • Northampton‚ MA‚ USA Contents Introduction by Neri Salvadori 1. Theories of economic growth: old and new Heinz D. Kurz and Neri Salvadori The structure of growth models: a comparative survey Antonio D’Agata and Giuseppe Freni Endogenous growth theory as a lakatosian case study Mario
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Some Causes of Fertility Rates Movements Claire Norville Rocio Gomez Robert L. Brown ABSTRACT Fertility patterns are different between countries and over time. Many different factors can affect the fertility rate. This paper will discuss the different factors that have an effect on the fertility rate. Some are economic while some are social. The economic factors will be based in the theories of Richard Easterlin‚ Diane Macunovich‚ Butz & Ward‚ and John Ermisch. The social factors that
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A Review of The Limits to Growth The Limits to Growth: a Report for the Club of Rome ’s Project on the Predicament of Mankind was published in 1972 predicting the future of exponential growth of economy and population in a finite world. Since 1972‚ more than 10 million copies in 37 languages have been sold by now (Gambino‚ 2011). This ambitious book is written by MIT researchers for Club of Rome which is an international think tank. The authors created a global computer model‚ Wolrd3‚ to simulate
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Assignment of Fin-2209: Macroeconomics “A case study of Bangladesh- Inflation‚ Unemployment‚ Growth Trend” A Report On Submitted to Saud Ahmed Course Instructor/ Lecturer‚ Department of Finance‚ Faculty of Business Studies Jagannath University‚ Dhaka Submitted by Sultan Ahmed Khan Representative of the group Epimetheus BBA 3rd Batch Department of Finance‚ Faculty of Business Studies Jagannath University‚ Dhaka. Group Name: Epimetheus Group No: Name of the members of the group: Serial No:
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