Gross domestic product

Cuba, on the other hand, is a communist dictatorship. The Castro brothers took power in 1959, and implemented a communist regime. Throughout the beginning of the regime, Cuba was supported economically by the Soviet union, which enabled them to prosper (Prieto). Since Fidel Castro’s death on November 25th, many people have been both celebrating his death while examining the brutality of the regime and reflecting on the good that it has done for social programs. Dom Phillips and Joshua Partlow of…

economy. However, shortly after independence, Shell Petroleum discovered oil for the first time in a viable quantity in Nigeria. A decade later, petroleum products supplanted agriculture as the mainstay of Nigeria’s economy. In 2006, more than 80 percent of Nigeria’s revenue and expenditure were derived from proceeds generated through petroleum products. The shift from agriculture and non-oil sectors of the economy to petroleum economy will soon open the floodgate of Nigeria’s economy to trade…

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…

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…

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…

the government has made investments in its population (e.g. education, training, health) and that these investments increase an individual’s productivity. Stagnation refers to, cycles of short term or long term slow economic growth (measured by Gross Domestic Production (“GDP”)…

The amount of women and men who believed domestic violence was acceptable wasn’t what shocked me, it was the fact that in all four countries being graphed (Uganda, Nigeria, Zambia, Indonesia) and in every single year (2006 vs 2013, 2008 vs 2013, 2007 vs 2013/2014, 2007 vs 2012) more women than men…

It is 2014 in cande and a hockey game is going on a puck goes flying at the net but the net is that to stop the puck from killing or hurting someone. Governor of canada: we need more money to get to do some projects so we are going to take down the net and glaze at the ice rinks to save some money. 3 day later Goel you hear the hockey anser say the team lines up at the blue line to drop the puck thay pass it and then take a shot it go high and into the stans and hits a fan in the head the…

I think the Debt/GDP ratio could be slightly higher as election years have always seen a reduced growth forecast even for nominal GDP. However, at that debt level, even though in practice it is difficult to determine what a “safe” debt level, the macroeconomic environment points to the fact that our fiscal space (maximum debt threshold) is almost running out. Therefore Ghana will be faced with severe debt sustainability risk with the rising debt levels. With the slow real GDP growth, low…