-342.6 3.5 | | |Unemployment (thousand people) 38.0 38.2 | | |Inflation (percentage) 4.2 13 | | |Foreign trade turnover (USD million) 4023.1 6177.1
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GDP while Thailand and Lao PDR increased receipts to over 7%. Since 2000‚ Cambodia has surpassed all other ASEAN countries and generated almost 15% of its GDP from tourism in 2006. Indonesia is the only member of G-20 major economies and considered as the largest economy in the region.[31] Indonesia’s estimated gross domestic product (nominal) for 2008 was US$511.7 billion with estimated nominal per capita GDP was US$2‚246‚ and per capita GDP PPP was US$3‚979 (international dollars). Stock markets
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an average annual rate of nearly 10%. From 1980 to 2011‚ real GDP grew 19-fold in real terms‚ real per capita GDP increased 14-fold‚ and an estimated 500 million people were raised out of extreme poverty. China is now the world’s second-largest economy and some analysts predict it could become the largest within a few years. Yet‚ on a per capita basis‚ China remains a relatively poor country. China’s economic rise has led to a substantial increase in U.S.-China economic ties. According to U.S
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Civil War was fought between the Northern and Southern states of of America. Was the Civil War inevitable? It was a conflict bound to happen due to the differences between the North and South’s views on slavery‚ society‚ and politics. The South wanted their independence and freedom from the North‚ while the North wanted unity. The Northern states‚ also known as the Union‚ had a very strong economy based on agriculture‚ industry‚ and free labor. They were independent and did not have to rely on
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In this article‚ the basis of the argument is that surveillance is inevitable. This is due to the fact that there are so many various ways that people are found and tracked in the world today. There are cameras in stores and restaurants‚ there is tracking on phones via GPS‚ there is looking up people on the internet and much more. Kelly states‚ “The internet is a tracking machine”. This speaks levels as to what is actually available and is actually happening on the internet. Kelly also uses the psychological
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neighboring ASEAN economies. The critical issues at stake are on how to accord policy priorities and policy sequencing to the ongoing economic reforms in Myanmar? First and foremost in a transition process‚ Myanmar must have macroeconomic stabilization‚ price and market liberalization and privatization of state enterprises. Policy target must be set to control inflation and to set prices‚ interest rate and exchange rate in a correct alignment with the supply and demand conditions of the economy. Following
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The Inevitable Rise of the American Revolution When colonists came to America from England‚ they came in search of freedom. Colonists were not only looking for religious freedom‚ but also freedom to gain new economic success in the New World. After an extended period of time to grow and settles within the colonies‚ colonists felt strong enough to grow on their on and felt capable of growth without the oversight of England. England’s desire to control and maintain economic growth from the colonies
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ECO 405 Economic Problems & Issues Dr. Hong-Jin Kim Poverty: A Growing Issue By Candice Anderson Poverty: A Growing Issue By Candice Anderson Poverty has become a global economic problem. Poverty is by definition the deprivation of common necessities such as food‚ clothing‚ shelter and safe drinking water‚ all of which determine our quality of life. It may also include the lack of available opportunities for things such as education and employment‚ which aid the escape from poverty
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In economics‚ inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises‚ each unit of currency buys fewer goods and services. Consequently‚ inflation also reflects erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate‚ the annualized percentage change
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MARKET ECONOMY | PLANNED ECONOMY | * The market economy is not run by a high authority. Instead it is run by many individuals regarding production‚ consumption and work. * The market is free and prices can be of a wide range * The market economy is intended for a middle/upper class. This is because people can earn as much money as they want‚ upper class people don’t have to distribute a profit evenly. * The theory of the market economy is to give people the capability to earn as much
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