Spending by the government on all nal goods and services. e. g. ages for government employees, the upkeep of military bases, the maintenance of Air Force One, the maintenance of roads and bridges This category includes government investments such as the maintenance/construction of roads. Does NOT include transfers of wealth such as Social Security, Medicare, and unemployment bene ts as they are already accounted for […]

Introduction Deflation in Japan or The Lost Decade Japan’s economic development of the sass ended at the start of the sass. At the end of sass, irregularities inside the Japanese economic organization had qualified a hypothetical asset price bubble of massive scale by Japanese enterprises, banks and securities corporations. The mixture of extremely high land prices and low interest rates temporarily caused sharp liquidity of […]

Background: A nation’s standard of living is the most significant indicator of national economic performance. Economic growth is considered the most powerful engine for generating long term increases in standards of living. In today’s world economy, technology is a key factor that has a strong impact on economic growth both in short and long term. Thus, economists have become accustomed to associate long term economic […]

Economic growth Economic growth is usually associated with technological changes. An example is the large growth in the U. S. Economy during the introduction of the Internet and the technology that it brought to U. S. Industry as a whole. The growth of an economy is thought of not only as an increase in productive capacity but also as an improvement in the quality of […]

Economic growth is defined as the sustained increase in real GDP or GNP per capita over time. Economic growth is desirable for an economy as it increases its real national income and standards of living for its people in general. Although it is desirable, economic growth does have its benefits and costs. One benefit would be increased levels of consumption. Provided economic growth outstrips population […]

Indicators of economic development: Labor productivity Weighted Machine tool industry in total industry Weighted Machine tool exports in total exports Weighted Brain drain in total export Weighted Employment in services Economic growth is represented by the evolution of specific economic indexes, with benefits for the social and economic life, in a specific time and area. The most known index for calculating the economic growth is […]

The World Bank is currently advising newly industrialized countries on how to encourage growth and they have asked for your help. Using the internet and other resources, write a 2 page essay researching the factors behind economic growth in Hong Kong and Singapore. Which of these methods of encouraging growth would you suggest to a newly industrialized economy?             Hong Kong and Singapore together with […]

The role of fertility and population in economic growth: Empirical results from aggregate cross-national data James A. Brander and Steve Dowrick Journal of Population Economics 7(1), pp. 1-25. August 12, 1993 =============================================================== Brander and Dowrick’s (1993) used new sets of data to look at how population growth and fertility affect economic growth. This paper discusses how population growth has varied throughout history. Finding that high […]

The research of the impact of natural resources on economic growth is relevant because everyone who not only economists and financiers care problems of the economy through society anyway in their daily life. This research is controversial because while some believe that many countries without natural resources could develop their economy, others believe that natural resource is the most important part of the development of […]

It was a challenge for me to work on this undertaking. because it is a learning procedure for me that how. I could undertake this inquiry hence I collected primary and secondary informations for my undertaking and seek my best to analyse the whole state of affairs and bring forth a good Peace of work. I gather information about Theme Parkss called Alton tower. After […]