Survey on Current State of Economy January 2013 -2FICCI Survey on Current State of Economy‚ January 2013 Highlights The global economic situation continues to be difficult. Economic situation in both US and Euro area remains uncertain. U.S. gross domestic product shrank 0.1% in the fourth quarter of 2012—the worst performance since 2009. Wednesday’s Federal Open Market Committee statement acknowledged that economic activity paused in recent months‚ but there was no change to monetary policy.
Free Economics Macroeconomics Investment
Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin‚ and transparency international Agency annual publications and analyzed using econometric approach. The stationary status of the time series data
Premium Petroleum Economics
central government is currently thrashing out details of how best to steer towards greener growth as part of closed-door discussions aimed at finalizing the country’s 12th Five Year Plan (2011-2015)‚ which will be announced in March. The plan is expected to become China’s first national plan to shift the development agenda decisively toward a pattern of green growth‚ accelerating the country’s efforts at green modernization. Expect ‘establishing a low carbon society’ to be a key political slogan
Premium Emissions trading Peak oil Coal
The economies of the world have become increasingly globalised and interdependent over the last two decades (Casey & Fair 1999‚ 449). Countries across the world are continuously involved with each other via trade‚ investment‚ communication and travel. Economic events in one country can have repercussions on the economies of other countries‚ as no economy operates in a vacuum or is completely closed. Nearly all economies are open economies (Hubbard et al 2010‚ 614). Openness has given societies
Premium Economics International trade Free trade
a Shiyanova Iran Country Study Iran’s economy is marked by statist policies and an inefficient state sector‚ which create major distortions throughout the system‚ and reliance on oil‚ which provides the majority of government revenues. Price controls‚ subsidies‚ and other rigidities weigh down the economy‚ undermining the potential for private-sector-led growth. Private sector activity is typically limited to small-scale workshops‚ farming‚ and services. Significant informal market activity flourishes
Premium Iran
Economies and diseconomies of scale Economies of scale are advantages that arise for a firm because of its larger size‚ or scale of operation. These advantages translate into lower unit costs (or improved (productive efficiency)‚ although some economies of scale are not so easy to quantify. The main kinds of Economies of Scale are: Bulk- Wholesale is selling goods in tremendous quantities at a low unit price to retail merchants. The wholesaler will accept a slightly lower sales price for each unit
Premium Management Marketing Million
#au 20 National Digital Economy Strategy Leveraging the National Broadband Network to drive Australia’s Digital Productivity Images on pages 10‚ 19‚ 26‚ 49‚ 50 and 51 contributed by NBN Co Ltd. © Copyright 2011 DBCDE Unless otherwise noted in the ‘Materials Excluded and Rights Reserved’ list below‚ the text in the DBCDE National Digital Economy Strategy is licensed under a Creative Commons Attribution 3.0 Australia licence. More information on this CC BY 3.0 licence is set out at http://creativecommons
Premium Australia Broadband Internet access Broadband
neighbour to ‚ People ’s Republic of China‚ North Korea‚ South Korea and Russia‚ Japan is known to be one of the ‘Tigers’ of Asia. It have provided most of the capital and expertise for Asia’s developing countries. Japan is the world ’s second largest economy by nominal GDP and the third largest in purchasing power parity. It is also the world ’s fourth largest exporter and sixth
Premium Inflation Macroeconomics Investment
05047700 When over looking the behavior of the economy through a macroeconomic perspective‚ the viewer is looking at the economy as a whole rather than taking apart and observing the individual pieces. Of course there are hundreds of factors that attribute to the economy for example emerging markets that influence the overall health of the economy. Consequently with emerging markets come exchange-traded funds‚ which have been emerging more and more
Premium United States dollar United States
Social Security and the Economy John Damon McCulley COM/156 – University Composition and Communication II 10/27/10 Laurie Ryan Axia College of University of Phoenix Even though according to the government‚ Social Security will be funded until the year 2040 (Social Security Administration‚ 2010)‚ Social Security will not subsidize all of American taxpayer’s retirement because the Baby Boomer generation began retiring in 2008‚ by 2030‚ there will be 34 million more Americans drawing
Premium Social Security Retirement Baby boomer