v3n1p54 Abstract The objective this study is to investigate the globalization indicators for measuring and evaluating the economic development scale. The output generated from eight selected countries revealed a fast improvement in the Gross Domestic Product (GDP) and economic growth rate. Significantly‚ attraction of Foreign Direct Investment (FDI) and rise of FDI as a percentage of GDP in these countries have impacted positively on foreign trade at international and regional levels. The data
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SAU LECTURE NOTE ON ECO 213 INTRODUCTION TO MACROECONOMICS I COURSE OUTLINE 1. Nature and scope of macroeconomics • Macroeconomics defined • Why study macroeconomic • Macroeconomic theories • Relationship and interdependency of microeconomics and macroeconomics • Drawbacks of macroeconomics 2. National income accounting • Definitions • Concepts associated with national income •
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Manufacturing Industries (CMI) 2005-06 show. LSM contribution to GDP also called as Gross Value Added (GVA) at producers’ prices has been estimated at Rs 912 billion as compared with the previous Census 2000-01 amount of Rs 280 billion.Political and macroeconomic stability‚ rationalization of tariffs‚ increase in investments‚ improved utilization of productive capacity‚ and growth in demand for manufactured products‚ resulting from higher exports and consumer financing have been the major factors leading
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annually. In other words‚ the persistent problem seems to be one of the external balance rather than of the aggregate resource balance‚ that is‚ the savingsinvestment balance. This is more evident from the later episode of upturn in 2000-01; the domestic inflation rate in fact declined to less than 2 per cent in that year‚ but foreign exchange reserves came down to a critically low level‚ equivalent to less than two months ’ import payments; see Table 2. 8 Public savings are not however identical
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- approximately 20; for Units 2 & 3 together – approximately 20; for Unit 4 - approximately 20. Topic-wise Readings: Unit1.Introduction to Macroeconomics and National Income Accounting Basic issues studied in Macroeconomics; measurement of gross domestic product‚ income‚ expenditure and the circular flow; real versus nominal GDP; price indices; national income accounting for open economy‚ balance of payments accounts‚ current and capital accounts : B.A. (Hons) Economics 04 (Introductory Macroeconomics)
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Bahasa is the official language in Indonesia which is a modified form of Malay but the most widely spoken language is Javanese. 88% of Indonesians population is Muslim. It has a very large trading environment‚ with several countries ranging in products from gas to textiles. Among the most well known islands are Sumatra‚ Java‚ Bali‚ Kalimantan (formerly Borneo)‚ Sulawesi (formerly Celebes)‚ the Maluku Islands (or better known as Moluccas‚ the original Spice Islands) and Papua.
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Title of the essay: Inclusive growth: An Indian experience. Name: Sweta Singh Category: Undergraduate INCLUSIVE GROWTH: AN INDIAN EXPERIENCE ABSTRACT: The present buzzword for India’s development strategy is inclusive growth. The role of state and market has been crucial in achieving rapid and inclusive growth. “Inclusive growth” means an emphasis towards more equitable distribution of income and building capabilities in terms of attainment of better health and education. The
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for Bangladesh in five years starting from 2009 due mainly to impacts of the global turnmoil. Thus the economic growth is slowing down because of decline in exports and remittances and lower domestic demand. Thus industrial growth is suffering. . According to provisional estimates‚ the rates of domestic and national savings stand at 20.08 and 29.23 % of GDP in FY 2007-08. It is to be noted that the rates for FY 2006-07 were 20.35 % and 28.66 % respectively. The rate of investment may decline
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close the real GDP gap? Real GDP is $4billion Per Year In 2 years = 4b * 2 = $8billion The real GDP must have risen in two years by 8 billion to close the gap Y- ($100+8) = (97+8)-108= -2.5/108= -2.3% Problem 2: Assume that gross private domestic investment is $800 billion and the government is currently running a $400 billion deficit. If households and businesses are saving $1‚000 billion‚ what is the value of net exports? Use equation 2.6 to explain answer. T – G = (I +
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to become more powerful toward others. And to know who is developing more‚ there must be a standard measurement of the people living in a certain country and the value of the standard goods produced by this country. This is measured by GDP (Gross Domestic Product) and GDP/capita (GDP per person). GDP/capita is measured by dividing the total value of the GDP by the number of the population of the country. Now that we have a point of measurement that gives us information about the well being
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