Word: gdp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...over the past several months, the prices of oil, copper, palm oil and others have rallied. This shouldn't be happening given the parlous state of the world economy. The International Monetary Fund in April cut its global growth forecast for 2009, predicting GDP would contract by 1.3%, the most severe recession since the 1930s. Yet oil is some 60% more expensive now than in December. Palm oil, which is used in a wide variety of manufactured foods, has surged more than 50% this year. "The only area of the world economy I know of where the fundamentals are improving...
...wanted to see a growth rate of 6%, keep the unemployment rate below 3%, and boost annual per capita GDP to $18,000 within four years. The economic crisis disrupted all of these goals. But we continue to work to revitalize the economy. We still have a long way to go. But that's OK, because we believe the Taiwanese have the perseverance and work ethic to make the economy come back...
...were hard hit by the shrinkage of the export market in the U.S. and Europe, because exports account for 64% of our GDP growth. So one lesson we learned is we should diversify our export markets - we need to look to emerging markets and oil-producing countries. Secondly, we should diversify our export industries - we depend so much on IT industries. Third, we have designated six industries as future flagship industries: green energy, tourism, biotechnology, refined agriculture, and the cultural and creative industries. We are keenly aware these industries in 5 to 10 years will be the major industries...
...result, the best-case scenario for an economic recovery is one in which the consumer's share of economic activity shrinks, but gains in other sectors are enough to keep the economy growing at least modestly. In GDP lingo, those other sectors are government-consumption expenditures, gross private domestic investment (business plus housing) and net exports. Let's run through them...
...Republicans are truly out of power and, if you believe them, the Democrats are using the federal credit card to throw one crazy party. Yet, while it now indeed appears that the fiscal year 2010 federal deficit could surpass 13 percent of GDP, the borrowing is hardly paying for a party. Ironically, with the Democrats in full control of the federal government for the first time in 14 years, the beast, while in no imminent danger of death by starvation, is gravely malnourished. This is the case because the beast has two components: the federal government, but also the many...