The main point is about to explain that China and India economic growth are likely to fall sharply, as Lant Pritchett and Larry Summer stated that China and India have been growing super-rapid and has already lasted three times longer than the general episode. This was observed with regard to Japan in 1960s, and it is seen today with regard to China and India. Moreover, the paper point out that to evaluate the growth prospects of an economy is not to look at its past but rather as economies in…
Optimizing the Product Management Process Stages Description and stakeholders’ feedbacks In 2014, Post introduced the Product Management (PM) Process Stages approach which helped to drive Scoubido project to market. The PM Process Stages is based on the New Product Development (NPD) which consists of a process to bring new products to the market. There are several approaches for analyzing and responding to the challenges of new product development. At Post, the PM Process includes the following…
Village: A hub of peace and a face natural And cultural India India is a developing country. The villages outnumber the towns and cities in India. Sixty-five percent of the Indian population lives in villages. Almost all villagers are dependent on auricular. Since independence, the villages in India re developing. A village is free from the hustle and bustle of a city life. Life in a village is…
The Saudi Arabia economy is one of the most robust economies in the world. Saudi Arabia's growth in real domestic product {GDP} came in third after china. The rate of inflation has remained high comparing to other countries. The rate of inflation was 4.17% at an average. The problem of inflation is worse than what people think. When we look at the divisions like living cost, The non-governmental agencies have claimed that the real inflation in the country is much higher than the official rate.…
Industrial Revolution” started in United Kingdom, almost the important technological innovations were made by British. After few years, the revolution has spread out to others countries in the world, people have started to invent more technological products. From that event, industrialization is used by all of countries in the world. Nowadays, we can learn, read, write, listen,…….by using technology devices. Vietnam is also effected by industrialization, it might be later than other countries in…
2.4 Relationship between Financial Development and Economic Growth Financial growth is the change in the financial system regarding size and structure. Nonetheless, financial deepening expresses the share of the money supply of national income, and it becomes a standard of economic development and financial instrument variety (Saltoglu, 1998). Mercan and Gocer (2012) work on the panel data analysis using the annual data for the period from 1989 to 2010. They establish that the impact of…
I examine data collected from several international organizations, I scrutinize three indicators that best represent basic services ( i.e. Human Development Index, access to health and education). To analyze if foreign aid is helping Haiti’s economic growth and development I monitor changes in Human Development Index, trends in the numbers of those who have access to health and education. I also focus on the impact of food aid, humanitarian aid. I focus on these indicators for three reasons:…
included $269.6 trillion of assets owned by households, businesses, and governments within America's borders. That represented 15.7 times the annual gross domestic product of the United States that year. On the other hand, the US owed debts that year amounting to $145.8 trillion. That equates to about 8.5 times the annual gross domestic product for 2014.…
in macroeconomic the book has talked about things such as national income, disposable income, and gross domestic product. National income is the sum of incomes of all individuals in the economy that excludes transfer payments and is before taxes. On the other hand, disposable income is the money individuals can spend after taxes and transfer payments. Finally, gross domestic product is the total amount of goods and services, or output, produced in America during a certain time period. Both…
Dakota Wensley Bus 101 Gross domestic product (GDP) is a measure of the value of all the goods and services produced in one year in a country. It can be determined by taking the total sum of how much people have spent over a given period or conversely by taking the sum of how much people have earned, both produce the same amount. The former is a lot more common and it can be determined by taking the sum of total consumption, government spending, investments, and net exports (GDP=C+I+G+(X-M). GDP…