tackled the contagion effect of global economic crisis and managed to maintain a sustained growth. According to a provisional estimate‚ the economy has posted a growth of 6.66 percent in FY2010-11 against that of 6.07 percent in FY2009-10. This performance is mainly attributable to the sustained growth in agriculture sector coupled with recovery of growth in industry sector and the satisfactory performance of service sector. During this period‚ higher growth in revenue mobilisation and prudent budget
Premium Inflation Macroeconomics Economics
DEVOLOPMENT ECONOMICS Fall 2013 COLLEGE OF ECONOMICS JINAN UNIVERSITY Instructor: Lan Ding （丁岚） Office Hours: Pending or by appointment Email: tlanding@jnu.edu.cn Time: Monday‚ 19:00-22:00 Classroom: A506 Course Overview Development Economics explains the unprecedented progress that has been made in many parts of the developing world—but fully confronts the enormous problems and challenges that remain to be addressed in the years ahead. The course shows the wide diversity
Premium Economic development Economics Economic growth
is Taiwan . And China experienced the most volatile growth. Growth rates for Japan and South Korea [pic] In 1960‚ Japans has a largest growth rate for highest periods and the lowest growth rate was in 2009. And South Korea has the highest growth rate in 1999‚ and the lowest growth rate in 1998. 4. Most of Asian countries grow faster than US. But Hong Kong is not. But Philippines discontinue investment since 2000‚ so that less than the U.S. And the more slowly GDP growth rate is India
Premium Economic growth Asia East Asia
for economic growth in developing countries. The demographic transition model refers to the transition from high birth and death rates to low birth and death rates as a country develops and industrialises. There are four stages to the model‚ which predict the population growth of
Free Demography Population Demographic economics
Economic prosperity in the middle ages affected Chinese society in a positive way. The rise of trade led to China’s increase in wealth; improvements in farming methods led to population increase. China’s technology‚ agriculture‚ economy‚ and population thrived and advanced throughout the Ming Dynasty. To start off‚ China’s trade had prospered throughout the middle ages. China was able to trade with many during the Song Dynasty. For example‚ a medicine fair in China would attract people from all over
Premium Economics China People's Republic of China
data show a positive correlation between political stability and economic growth. a. Through what mechanism could political stability lead to strong economic growth? b. Through what mechanism could strong economic growth lead to political stability? Ans 8 a. Political stability could lead to strong economic growth by making the country attractive to investors. The increased investment would raise economic growth. b. Strong economic growth could lead to political stability because when people have high
Premium Economics Economic development Economic growth
next decade” As compared to China‚ do you believe India will have a bigger advantage? Elaborate providing reasons for your view. Also‚ examine how your company is gearing up to benefit from the economic Boom in both the countries? India and China are the two fastest growing economies in the world. Currently the economic growth rate of China is faster than that of India. However the population growth rate of India is faster than China. India is expected to overtake China before year 2050.The benefit
Premium Demographic economics Demography Economics
effect of Exports on GDP Growth in Pakistan Abstract: This paper is examines the causal relationships between gross domestic product (GDP) and exports in Pakistan by using time series data for the period between 1980 and 2000. Time series evidence shows that increase in exports has a significant effect on the economic growth of Pakistan in the previous two decades. This paper uses cointegration to check the causal relationship between export growth and economic growth in Pakistan. Granger Causality
Premium Economics Macroeconomics Economic growth
The Process of Economic Development that the gross national income per capita‚ gross domestic product per capita‚ human development index‚ gender inequality index‚ and Kuznet’s Curve are methods of describing the inequality and poverty of a country. Each method catalogued by Cypher has strengths and weaknesses exhumed in the discussion‚ and each also applies to the articles from Moon and Dixon and Alesina and Rodrick. The article by Alesina and Rodrick emanates that economic growth parallels inequality
Premium Economics International trade Macroeconomics
155 billion U.S dollars‚ grows by 269% since 2004. The “GDP growth rate” graph to indicate the growth rate in detail is shown below. According to the indicator above‚ it is noticeable that although after 2008‚ the GDP growth rate is no longer as high as it was before‚ but there was no negative growth value is recorded‚ which also means there wasn’t any recession that happened to be big enough to be recorded. Vietnam GDP had its lowest growth rate (of the 10 years) in 2009‚ dropped to about only 3%
Free Economics Unemployment Economic growth