How effective is GDP per capita as a measure of economic well-being? Gross Domestic Product (GDP) is one of the primary measures used to gauge the state of a nation’s economy. It is a representation of all the goods and services produced by that nation over a specific time period. Normally GDP is compared on a quarterly or annual basis. For example if a nations GDP has risen by 2% in a period of time‚ then it is thought that that nation’s economy has grown by 2%. However‚ a recession is also
Premium
around the world spend their holidays travelling. Travelling expands and broadens our impression and knowledge about other continents‚ countries‚ modern cities and of course‚ helps us to take a break from our hectic way of living. There are tonnes of great places to visit around the world. Each place has its own personal touch and uniqueness. Everyone has a place that they want to visit in life. As for me‚ the greatest desire of my life is to visit Europe‚ one of the most prosperous and unique
Premium London Paris Europe
Business and Magazine Journalism (combination of Niche I and II) 1 Growing importance of business journalism‚ a brief history (2) 2 The structure of financial management in the country starting with the Finance Minister‚ (5) rest of the bureaucracy‚ RBI governor‚ Planning Commission‚ SEBI‚ Banking sector 3 The Budget preparation and presentation‚ factors influencing the annual budget‚ role of (5) subsidies and foreign exchange reserves 4 Companies‚ balance sheets‚ AGMs window dressing
Premium Stock exchange Stock market
A REVIEW OF THE ROLE OF ENTREPRENEURSHIP IN STIMULATING ECONOMIC GROWTH‚ REDUCING UNEMPLOYMENT AND INCREASING LEVEL OF INCOME IN LOW TO MIDDLE INCOME COUNTRIES. INTRODUCTION This paper sets out to review the role of entrepreneurship in stimulating economic growth‚ reducing unemployment and increasing levels of income in low to middle income countries. Nieman and Nieuwenhuizen (2009) states that the contribution of entrepreneurs to the economy can be attributed to their special qualities. They
Premium Economic growth Economics Unemployment
India ’s Five Year Plans: All at a Glance Email ThisBlogThis!Share to TwitterShare to Facebook This topic will help to get a glimpse of all five year plans till now and recommended for students/ aspirants of SBI Clerical Exams going to be held shortly. For more details please visit Planning Commission of India ’s website here Planning Commission (Estb. 1950) In March 1950‚ Government of India constituted a statutory body with the Prime Minister of India as its Chairman-called the Planning
Premium Economics Economic growth
development experts argue that China is just now discovering the difference between being a major economic player in global business and its previous peripheral role as a low-cost manufacturing site on the periphery of the world economy. What do you think? Mattel’s global sourcing in China‚ like all other toy manufacturers‚ was based on both low-cost manufacturing‚ low-cost labor‚ and a growing critical mass of factories competitively vying for contract manufacturing business. Do you think the product
Premium Manufacturing International trade Marketing
SAVING INCENTIVES FOR LOW- AND MIDDLE-INCOME FAMILIES: EVIDENCE FROM A FIELD EXPERIMENT WITH H&R BLOCK* ESTHER DUFLO WILLIAM GALE JEFFREY LIEBMAN PETER ORSZAG EMMANUEL SAEZ We analyze a randomized experiment in which 14‚000 tax filers in H&R Block offices in St. Louis received matches of zero‚ 20 percent‚ or 50 percent of IRA contributions. Take-up rates were 3 percent‚ 8 percent‚ and 14 percent‚ respectively. Among contributors‚ contributions‚ excluding the match‚ averaged $765 in the control group
Premium Income tax in the United States Taxation in the United States Income tax
nation; our country about which probably we had forgotten or pretended to ourselves that we don’t care about‚ because we think nothing would change. As I was thinking about our nation INDIA‚ I realized that a lot has gone wrong; we have not being able to fulfill the basic needs of our people. I zeroed down on some basic issues we should try to address if we want to see a developed‚ prosperous‚ civilized and a powerful INDIA. First and foremost we should ensure Education for all in our country. How can
Free Education School Teacher
for months on end‚ then it could well signal the death knell for the industry‚ and how it operates. If this ubiquitous amphibian’s aurally annoying song‚ converted from a mobile phone ringtone‚ outsold even mainstay acts such as Oasis and Coldplay‚ why should music companies invest millions in cultivating fresh musical talent‚ hoping for them to be the next big thing‚ when their efforts can be beaten by basic synthesizer music? The industry is facing a number of challenges that it has to address‚
Premium Laundry detergent Music industry Record label
An Excellent Education In today’s economy and job marketplace‚ it has been argued that a vocational or professional focus in education is more beneficial than an education which has study of the liberal arts at it’s core. At the basis of this notion‚ lies the mindset that the lone goal of a college education is to provide one with a means for financial success. This oft-held belief posits that college is just a ticket to the corporate world‚ and a high paying job. If one believes this
Premium Liberal arts