Journal of Public Economics 74 (1999) 171–190 www.elsevier.nl / locate / econbase Fiscal policy and growth: evidence from OECD countries Richard Kneller a ‚ Michael F. Bleaney b ‚ *‚ Norman Gemmell b a b National Institute for Economic and Social Research‚ London‚ UK School of Economics‚ University of Nottingham‚ Nottingham‚ UK Received 1 October 1998; received in revised form 1 December 1998; accepted 1 December 1998 Abstract Is the evidence consistent with the predictions of endogenous
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.11 4. Rising conflict between China and India……………………………………………………………………………………11 4.1 Background of China and India…………………………………………………………………………………………….11 4.2 Past Conflicts between China and India……………………………………………………………………………….12 4.3 Competition for resources…………………………………………………………………………………………………..13 4.4 The battle of India and China………………………………………………………………………………………………14 5. Developed countries fear of rising China………………………………………………………………………………….15 5.1. China increasing expansion plans in Oil
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investment on economic growth. Then the research reached this question: How Does Foreign Direct Investment Effects On Host Country’s GDP (Economic Growth)? Firstly‚ research starting with discussing the potential of FDI to affect host country’s economic growth and argues that two important objectes for FDI affects on economic growth‚ inflows of physical capital and technology spillovers‚ and according to research the technology spillovers have the stronger effect to enhance economic growth in the host
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Population in World * Fastest growing economy in past 2 decades averaging <10% p/a. * China has made immense economic and human growth and development in recent decades due to a combination of change in government and policies and globalization. * Is now more a Market Driven Capitalist economy and is now Globally Integrated. = Greater levels of global trade and investment. * High Growth‚ Better living standards‚ less poverty. * Gov background‚ 1950 Mao Tse Tung’s great leap
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transformations that China experienced to move forward and become the world’s fastest growing economy. China’s development occurred mainly because they began to focus on manufacturing and exporting. Growth also occurred due to borrowing technology and the skilled and cheap labor force. INTRODUCTION A Development Miracle China China‚ officially know as The Peoples Republic of China‚ is the world’s most populous country with a population of over 1.3 billion people. The capital of China is Beijing and
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Nowadays‚ gross domestic product (GDP) is the prime measure for economic performance in different countries around the world. Governors or politicians using this figures to make economical decisions for years. However‚ controversy indeed surrounded the economist about whether they should gauge the economics statues with other metric rather than GDP as the rapid growth in recent years has changed the main target for the leaders in different countries. GDP measures have been started since the Second
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TELECOMMUNICATIONS INFRASTRUCTURE AND ECONOMIC GROWTH: EVIDENCE FROM NIGERIA BY Sheriffdeen A. TELLA‚ Ph.D Department of Economics‚ Faculty of Management Science‚ Olabisi Onabanjo University‚ PMB 2002‚ Ago-Iwoye Ogun State‚ Nigeria satellang@yahoo.com and Lloyd Ahamefule AMAGHIONYEODIWE‚ Ph.D* Department of Economics Faculty of the Social sciences University of the West Indies‚ Mona Kingston 7‚ Jamaica. lamaghionyeodiwe@yahoo.co.uk and Bolaji Adesola ADESOYE Department of Economics‚ Faculty of Management Science
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PESTLE Analysis of China Political: China set to focus on supporting domestic brands and creating more appeal for domestic brands‚ this will mean naturally less support for exports and overseas brands Single child policy means that consumers aged between 18 and 30 are likely to have savings from past generations passed down to them Economical: China has had the highest average yearly economic growth rate between 1980 and 2004 of 9.8% In 2011 unit prices increased as a result of
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Recall that in the Harrod-Domar‚ Kaldor-Robinson‚ Solow-Swan and the Cass-Koopmans growth models‚ we have maintained‚ either explicitly or implicitly‚ that technical change is "exogenous". In the Schumpeter version‚ this was not true: we had "swarms" of inventors arising under particular conditions. The Smithian and Ricardian models also had technical change arising from profit-squeezes or‚ in the particular case of Smith‚ arising because of previous technical conditions. Allyn A. Young (1928)
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Income is an economic standard to retain a successful life in today’s society. An average individual hopes for stable‚ reliable and a fair income‚ however‚ when the standards don’t meet expectation‚ it gives rise to social and economic issues. One of the more prominent issue we are facing in our income inequality. The standard definition for income inequality would be the gap between individuals or households who makes the most money and who makes the least‚ or as some would put it‚ the gap between
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