With the use of statistics explain the current strategies being used by China to promote economic growth and development. China is one of the fastest growing economies in the 21st century‚‚ it has sustained a high rate of average annual GDP growth of around 9% since 1995. Many strategies and policies have been implemented to ensure these periods of positive GDP growth for maximum periods of time. The major strategies undertaken by the Chinese government currently are all apart of the 5-year plan
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America’s public schools are woefully underfunded. As state legislatures around the nation focus on reducing spendings‚ education spending is often the first to go. And when these public schools are confronted with a dramatically smaller budget‚ art programs get the axe. As the Chicago Sun-Times report in 2013‚ Chicago Public Schools laid off over 1‚000 teachers when they made the decision to close over 50 schools. Nearly ten percent of these teachers taught in the arts or music. As ThinkProgress
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According to the Random House Dictionary‚ Pork barrel is the “government appropriation‚ bill‚ or policy that supplies funds for local improvements designed to ingratiate legislators with their constituents”. Wikipedia defines pork barrel politics as “spending which is intended to benefit constituents of a politician in return for their political support‚ either in the form of campaign contributions or votes”. In the popular 1863
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various areas within the community‚ and those that are less fortunate economically can be able to get the best possible care for their well- being. Most people who are struggling with economic situations in a bad economy because it affects their spending and eventually leads to stress and other complications that may eventually increase their problems. It was the state of the economy that led to so many people seeking services for mental health issues‚ related to anxiety and depression. Economic
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1. German economy overview Germany is the largest national economy in Europe‚ the fourth-largest by nominal GDP in the world‚ and fifth by GDP (PPP) in 2008. Since the age of industrialisation‚ the country has been a driver‚ innovator‚ and beneficiary of an ever more globalised economy. Germany is the world’s second largest exporter with $1.474 trillion‚ €1.06 trillion exported in 2011 (Eurozone countries are included). Exports account for more than one-third of national output. Germany
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up total compensation to employees‚ gross profits for incorporated and non incorporated firms‚ and taxes less any subsidies. The expenditure method is the more common approach and is calculated by adding total consumption‚ investment‚ government spending and net exports. As one can imagine‚ economic production and growth‚ what GDP represents‚ has a large impact on nearly everyone within that economy. For example‚ when the economy is healthy‚ you will typically see low unemployment and wage increases
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increase in government expenditure raises autonomous (or exogenous) planned aggregate expenditure by $10 billion. The tax cut raises disposable income by $10 billion‚ which also stimulates planned aggregate expenditure by raising consumption spending. However‚ the tax cut raises autonomous (exogenous) planned aggregate expenditure by only $10 billion times the marginal propensity to consume (MPC); since the MPC is less than one‚ the tax cut will increase autonomous (exogenous) planned aggregate
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Philippine Development Plan—and the agencies’ impact therein—through the execution of programs and projects under the National Budget. Accountability for results goes beyond reporting how and where the agency budget was spent; it focuses on how public spending improved the ways through which an agency delivered key services to the public. These are the questions that sum up what results are about‚ and what the OPIF Reference Guide seeks to answer: did the National Government—and the public it represents—get
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most. And who’s to be blame in this issue? Is it Janet-Lim Napoles‚ the Pork Barrel queen or the other government officials? What a shame on our country! Knowing that the ones leading us are the ones robbing our public funds that you worked for. Spending the money for their own uses. Instead that the pork barrel could help us to have a better country‚ the truth is pork barrel became the one of the cause of corruption. DREAMS Way back in high school‚ my teacher said‚ “A goal that is not written
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government spent over $2.2 trillion in money‚ goods and services. According to the article‚ two-thirds of resources and money goes into entitlement. This is what is causing people not to be hardworking citizens. People are depending too much on government spending rather than working hard for themselves. The American way of life has become the mentality of taking not working. On the article written by Willaim A. Gaslton‚ Entitlement is not corrupting but rather they are part of the civic compact. That is
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