Search results
Results From The WOW.Com Content Network
Whereas economic development is a policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development".
Trade promotion (sometimes referred to as export promotion) is an umbrella term for economic policies, development interventions and private initiatives aimed at improving the trade performance of an economic area. Such an economic area can include just one country, a region within a country, or a group of countries involved in an economic ...
GDP and other macro-economic indicators - provided by the System of National Accounts (SNA). Enlarged GDP measures - include costs such as expense of environmental degradation, resource depletion or higher income inequality. They provide a more accurate indication of a country's actual economic, environmental and social performance.
Some economists say the official data overstate the rate of growth, masking long-term weaknesses that require broad reforms to rebalance the economy away from a heavy reliance on construction and ...
BEIJING (Reuters) -China's cabinet met on Friday to discuss measures to improve the state of the economy, state media reported, passing plans to step up financing support for technology companies ...
The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years. The new projection is much ...
Each country has a different level of GDP/worker determined by the share of GDP it invests, but all countries have the same rate of economic growth. Implicitly in this model rich countries are those that have invested a high share of GDP for a long time. Poor countries can become rich by increasing the share of GDP they invest.
Most Germans are worried about the economy and high prices as Europe's biggest economy, once the region's economic engine, now contracts, a survey showed on Monday ahead of a February 23 election.