• China's economy maintained strong growth momentum in April, with gauges of consumption and services gathering pace, improving the outlook for steady growth of the world's second-largest economy this year, officials and analysts said. (chinadaily.com.cn)
  • Based on the new data, China's mainland replaced Italy as the world's 6th-largest economy in 2004, but still ranked behind Britain and France, Li said. (foxnews.com)
  • We face big challenges to help the world's poorest people and ensure that everyone sees benefits from economic growth. (worldbank.org)
  • Although the war of independence devastated the economy in the early nineteenth century, a coffee boom in the 1830s made Venezuela the world's third largest exporter of coffee. (countrystudies.us)
  • Performance remains uneven among the world's major economies including the US, China, Japan, India, and the The negative supply shock from the outbreak of the Russia-Ukraine war remains the dominant risk to global growth this year five largest economies in Western Europe, it said. (livemint.com)
  • The United States added more jobs than expected in February -- though fewer than the previous month -- government data showed Friday, suggesting policymakers have more to do to cool down the world's biggest economy. (zawya.com)
  • Analyzed in terms of export trade value, China remained the world's leading garment exporter in 2022, yet its growth rate of 3.6 percent was lower than the global average of 5 percent, ranking China at the bottom of the top 10 garment exporters. (yahoo.com)
  • Before industrialization, the Nordic countries were on the poor edges of Europe, but the region is now the world's tenth strongest economy. (lu.se)
  • The Developing Economies. (wikipedia.org)
  • This paper investigates the relationship between economic growth and job creation in developing economies with a focus on low and lower middle-income countries along two dimensions: growth patterns and short-run correlations. (imf.org)
  • Our findings for the G‐7 economies offer some useful policy inferences to the emerging and developing economies in designing their financial development strategies. (repec.org)
  • Creating a resilient economy within environmental limits Creating a more resilient and sustainable future will require Europe to reimagine its economic model, according to a new European Environment Agency (EEA) report published today. (europa.eu)
  • The government expects growth to be resilient in the face of a volatile external environment. (worldbank.org)
  • In response to the latest UK GDP data, Chancellor Jeremy Hunt said: "In the face of severe global challenges, the UK economy has proved more resilient than many expected, but there is a long way to go. (scotsman.com)
  • As we celebrate World Habitat Day in 2023 under the theme of " Resilient Urban Economies: Cities as Drivers of Growth and Recovery" , it is imperative to recognise the pivotal role that cities play in shaping our present and future. (lu.se)
  • Indeed, it can be argued that U.S. rural economies exhibit greater variation than do urban economies. (cdc.gov)
  • Resilience in the context of urban economies refers to a city's ability to withstand and recover from various shocks and stressors, such as economic recessions, natural disasters, and public health crises. (lu.se)
  • Rapid economic growth accompanied these reformist policies, and from 1960 to 1973 the country's real per capita output increased by 25 percent. (countrystudies.us)
  • We looked at over 70 emerging economies, and we set a threshold of which economies have delivered sustained per capita GDP growth over long periods of time. (mckinsey.com)
  • Endeavor predicts that 44 million jobs could be created if internet penetration reached 75%, a 2.5% increase on GDP per capita for every 10% growth in mobile penetration, and global recognition and increased investments by tech giants and international investors. (techcrunch.com)
  • Given Malaysia's deep financial and trade integration with the global economy, unresolved trade tensions, heightened protectionist tendencies among major economies, a sharper-than-expected slowdown in larger economies, as well as volatility in financial and commodity markets pose risks to growth in the near term. (worldbank.org)
  • Despite the overall slowdown in the growth rate, the pace of the rebound in the domestic market is accelerating. (yahoo.com)
  • The forecast of a gradual growth slowdown due to a weakening property sector, possible moderation of domestic demand as well as uncertainties over external demand remained valid, the report said. (derechos.org)
  • They include a significant slowdown in China's economy, an appreciating US dollar, weaker growth in Europe following the Brexit referendum result, and a sharper-than-expected tightening in global financial conditions. (phnompenhpost.com)
  • The AMF's 'Arab Economic Outlook Report' forecasts a 4.2 percent growth rate for the UAE in 2023, accompanied by a decline in the consumer price index to 2.9 percent in 2023 and 2.57 percent in 2024. (zawya.com)
  • Higher energy prices will boost the economic growth of major Arab oil exporters in 2023 and 2024, with their economies expected to grow by 3.4 percent in 2023 and by 4.2 percent in 2024, the report stated. (zawya.com)
  • Gulf Cooperation Council (GCC) countries have a positive outlook for 2023, with an expected GDP growth of 3.4 percent, mainly due to their efforts to diversify their sources of income, the report added, noting that oil prices are likely to remain stable and high, resulting in higher oil revenues and improved financial outcomes, foreign exchange reserves and fiscal positions. (zawya.com)
  • According to the AMF report, Arab countries that import oil will see their growth rate increase from 3.1 percent in 2023 to 4 percent in 2024, after inflation is controlled by the end of this year and monetary policies are eased. (zawya.com)
  • Various international organisations had different estimates for global economic growth in 2023 and 2024, ranging from 1.7 percent to 2.9 percent for 2023 and from 2.7 percent to 3.1 percent for 2024, the report stated. (zawya.com)
  • It has projected global growth to slow down to 2.3% in 2023 from the 3.6% estimated earlier. (livemint.com)
  • Chen Dapeng, president of the China National Garment Association, believes the international environment has become increasingly complex since the beginning of 2023, with insufficient market growth and global trade being impacted by geopolitical tensions. (yahoo.com)
  • In its report Global Outlook: Global Economy on Edge, Moody's Analytics cautioned that while it has projected that the global economy will grow in 2022, any policy missteps or additional risks would increase the threat of a global recession in the next 12 months above its current assessment. (livemint.com)
  • The ongoing economic transition and structural reform sparked optimism on China's future growth outlook. (derechos.org)
  • Acharya and Desai discussed the outlook for the Indian economy and its stock markets on the Behind the Markets show on Wharton Business Radio on SiriusXM channel 111 . (upenn.edu)
  • Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, especially in advanced economies, increasing the likelihood of a further weakening of the outlook. (hurriyetdailynews.com)
  • At the same time, there is a risk that the decline in oil prices will further destabilize the outlook of oil exporters while the impact on importers generates less demand support than expected, lowering global growth and exacerbating the current low-inflation environment," said the report. (hurriyetdailynews.com)
  • The main downside risk to the outlook arises from rapid credit growth, increasingly concentrated in real estate, which threatens to undermine economic and financial stability," it concluded. (phnompenhpost.com)
  • According to Bloomberg, the GDP in Southeast Asia's second-biggest economy after Indonesia grew 2.7 percent from a year earlier, compared to a median estimate of 2.9 percent in a Bloomberg survey of 15 analysts. (ibtimes.com)
  • From 2000 to 2011, the Thai economy grew at an average of 1.1 percent quarter-on-quarter, helped along by industrial and agricultural exports and, to a lesser extent, by domestic consumption. (ibtimes.com)
  • In the first two quarters this fiscal, the economy grew by 8.9 per cent. (deccanherald.com)
  • Statistics Sweden meanwhile slightly revised down the growth numbers for the the April-to-June period, showing that Sweden's GDP grew 4.5 percent year-on-year. (thelocal.se)
  • BEIJING - China's government sharply increased the official size of its economy in a report Tuesday that said output grew by 16.8 percent last year - nearly twice the figure reported earlier. (foxnews.com)
  • In many ways, the news has been cause to cheer: The economy grew from January through March at a red-hot 6.4% annual pace. (necn.com)
  • In this period, from 1997 to 2014, the EM countries' economies grew to account for the majority of global GDP, going from 38 percent to 52 percent measured in purchasing power parity (or from 23 percent to 35 in nominal terms). (socialistworld.net)
  • The Office for National Statistics (ONS) said the economy grew by 0.3% in January, following a sharp 0.5% decline in gross domestic product (GDP) in December. (scotsman.com)
  • Growth shrank 6.1% last year, its deepest slump in over two decades, with tourism devastated by the pandemic. (bangkokpost.com)
  • So, if the difference cannot be explained by growth, perhaps it can be by the frequency with which the two economies shrank. (lu.se)
  • Tellingly, since the 1950s, the Taiwanese economy shrank only three times , while the Venezuelan economy shrank 31 times - almost every second year. (lu.se)
  • Growth stocks have tended to outperform in the six months following yield curve inversions, with the Russell 1000 Growth Index rising by an average of 6.4% during such periods since 1978, compared to a 4.4 % gain for value stocks, data from CFRA showed. (ibtimes.com)
  • In this episode of the McKinsey Podcast , Simon London speaks with McKinsey Global Institute (MGI) director Jonathan Woetzel and MGI partner Anu Madgavkar about their recent research on emerging economies that outperform others based on pro-growth agendas and successful companies that help propel them. (mckinsey.com)
  • And that is the first and most important takeaway from why these economies outperform. (mckinsey.com)
  • According to the report, the economic growth rate of Arab countries will rise to 4 percent in 2024, mainly due to the expected stability of oil and gas prices, basic goods prices, and controlled inflation. (zawya.com)
  • Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the US economy and tame red-hot inflation. (ibtimes.com)
  • Underpinning those moves is the perception that the Fed's fight against inflation will keep interest rates climbing, eroding the future cash flows that growth stocks are heavily valued on. (ibtimes.com)
  • The global environment has become more fragile as record-high inflation continues to gain momentum and growth decelerates, it said. (livemint.com)
  • Although indicators had suggested the economy might be cooling, after eight Fed rate hikes since early last year to lower inflation, data released last month raised fears that the central bank would have to do more in the coming days. (zawya.com)
  • As a result, Ontario experienced very little inflation-adjusted economic growth from 2000-2019. (fraserinstitute.org)
  • In short, the first two decades of the 21st century have been almost entirely lost when it comes to inflation-adjusted economic growth per person. (fraserinstitute.org)
  • Next week, I will set out the next stage of our plan to halve inflation, reduce debt and grow the economy - so we can improve living standards for everyone. (scotsman.com)
  • In August, the state planning agency cut its 2021 economic growth forecast to 0.7-1.2% from 1.5-2.5% due to the outbreak. (bangkokpost.com)
  • Moody's Analytics on Monday lowered its global economic growth forecast to 2.7% for 2022 from the 4.2% forecast in January, citing rising stagflation risks worldwide. (livemint.com)
  • BANGKOK: Thailand's finance ministry has edged up its economic growth forecast and businesses are hoping for more positive consumer sentiment following the end of a year-long mourning period for the late King Bhumibol. (warc.com)
  • The report also showed that Arab countries with economic reform programmes and strategies to diversify their economies, improve their resilience, enhance their business environments, empower the private sector and invest in human capital are more able to cope with economic shocks. (zawya.com)
  • Sweden, which emerged from recession in the second quarter of 2009 and saw growth quickly pick up in the first quarter of 2010, now has one of Europe's strongest growth rates. (thelocal.se)
  • Given concerns about recession with the end of the resources boom slowing growth in the economy, this GDP figure is a surprisingly good outcome. (edu.au)
  • Stagflation risks have risen worldwide, but a stagflationary environment would take months to be realised…Business sentiment remains muted and is consistent with a global economy that is just avoiding recession," the agency said in a report. (livemint.com)
  • Some economists had envisioned the recovery from the pandemic recession driving monthly job growth of 800,000, 900,000, even 1 million or more. (necn.com)
  • The UK's economy returned to growth in January, easing fears of an impending recession ahead of Chancellor Jeremy Hunt's spring Budget, official figures have shown. (scotsman.com)
  • To answer these questions, I caught up with the coauthors of a new report from the McKinsey Global Institute entitled Outperformers: High-growth emerging economies and the companies that propel them . (mckinsey.com)
  • Specifically, a recent study shows that Ontario has struggled to attract business investment that can help propel future growth. (fraserinstitute.org)
  • Heightened risk aversion has triggered global equity market declines and brought a further tightening of external financial conditions for emerging economies and strong policy responses both at national and multilateral levels are needed to contain risks and propel the global economy to a "more prosperous path," said the IMF. (hurriyetdailynews.com)
  • A few months ago, NIER forecast that Sweden would register 4.3 percent growth this year and 3.4 percent in 2011, but after seeing Monday's statistics, Dillen said "for the current year, we will probably have to significantly revise up the expected growth. (thelocal.se)
  • The economy is now expected to expand 0% to 2% this year, better than a previous forecast of 0% growth to a 2% contraction, he said. (bangkokpost.com)
  • Nomura Securities said in a report after Monday's data release that given the data, it was raising the forecast for the third-quarter growth to 6.8 percent from the previous 6.6 percent, and the annual growth forecast to 6.8 percent from 6.7 percent. (derechos.org)
  • JPMorgan economists raised their forecast for third quarter growth to 36.7% from 35.1% after stronger durable goods and the advance economic indicator report revealed stronger data on equipment investment, net exports and inventories than expected. (cnbc.com)
  • Even with this upgraded forecast and what is almost certainly going to be a record-setting growth rate reported for 3Q, we think that real GDP should still be down about 3% between 4Q19 and 3Q20 (not annualized),' the JPMorgan economists noted. (cnbc.com)
  • The International Monetary Fund (IMF) has upgraded its 2016 growth forecast for Turkey by 0.3 points in a report released on late Feb. 24, while the organization has pointed out a weakening global recovery, with the world economy "highly vulnerable" to adverse shocks. (hurriyetdailynews.com)
  • The EM group covers around 40 countries - the leading economies in Asia (except Japan), Africa, Latin America and Eastern Europe. (socialistworld.net)
  • In the 1950s and 60s, many other low income countries in Latin America, sub-Saharan Africa and Asia were experiencing shrinking of their economies with roughly the same frequency (see graph below). (lu.se)
  • Again, in growth years, the Asian economies had an average annual growth rate per person that was only about 1-1.5% higher than that during growth years in Latin America and Africa. (lu.se)
  • Thailand's economy expanded for the first time in nine months, or three quarters, in the July to September quarter, but at a slower pace than expected, heightening the possibility that the nation's central bank will continue to keep rates low in order to coax up domestic demand and strengthen growth, Reuters reports. (ibtimes.com)
  • If nine per cent growth projected in the Mid-Year Analysis is met, the Indian economy would expand at a pace registered during the three years prior to the global financial crisis. (deccanherald.com)
  • This explains the downturn in import volumes, as seen in the figure below, despite some solid growth in household consumer spending which is running at a 3% pace. (edu.au)
  • The economy should grow this year, picking up pace in the third and fourth quarter, after the easing of tougher restrictions to contain the country's biggest coronavirus outbreak, a deputy prime minister said on Thursday. (bangkokpost.com)
  • Average hourly earnings picked up by 0.2 percent to $33.09 in February, with the pace of growth decelerating. (zawya.com)
  • Friday's numbers suggest the labor market 'remains strong with the economy still creating jobs at a rapid pace,' said Rubeela Farooqi, chief US economist at High Frequency Economics. (zawya.com)
  • While he believes a further hike in May is still likely, Shepherdson added that wage growth is 'headed to a sustainable pace' and might already be there. (zawya.com)
  • For the last 15 years, the so-called emerging markets have recorded economic growth double the pace of the advanced capitalist countries. (socialistworld.net)
  • Third quarter growth is expected to have bounced back at a 32% pace, after the second quarter's deep slump. (cnbc.com)
  • Third quarter GDP is expected to grow at a sharp double digit pace, but the economy is still behind where it was earlier in the year and may be challenged by a lack of fiscal stimulus. (cnbc.com)
  • Rodlauer said while a certain level of credit growth was healthy, the continued high pace of expansion was unsustainable and poses a significant threat to Cambodia's long-term macroeconomic stability. (phnompenhpost.com)
  • A few months ago, a similar type of revision brought Nigeria's economy to the top of African countries in terms of the size of the economy, surpassing South Africa for the first time. (ipsnews.net)
  • This out-of-date, official information excludes the informal economy, observes Africa Arino, professor of strategic management at the IESE Business School in Spain. (ipsnews.net)
  • The original four BRIC countries (a term invented by Goldman Sachs as late as 2001) stood for 23 percent of global economic growth between 2000 and 2014 with a combined GDP at 20 percent of global GDP. (socialistworld.net)
  • Nevertheless, despite unenlightened policies, economic growth in the 1950s was robust because of unprecedented world economic growth and a firm demand for oil. (countrystudies.us)
  • PUTRAJAYA, July 1, 2019 - Malaysia's economy is expected to grow at 4.6 percent in 2019, according to the 20th edition of the World Bank's Malaysia Economic Monitor, launched today. (worldbank.org)
  • The Scandinavian country's economy, which is expected to end the year as Europe's strongest, swelled by a much better-than-expected 2.1 percent compared to the previous three-month period, and year-on-year the growth was even steeper, at 6.9 percent, Statistics Sweden said. (thelocal.se)
  • Indeed, the average per person growth rate during the years that the country's economy did expand was 4.13% - not an insignificant number. (lu.se)
  • According to Acharya, it is critical to realize that the Indian economy has "many different drivers of growth" such as private consumption, agricultural output, state-generated output and manufacturing. (upenn.edu)
  • Russia's overall economy is stagnant, with the government predicting growth of only 1.3 percent this year, after 2.3 percent growth in 2018. (arabnews.com)
  • This development can partly be attributed to an unusually strong increase in agricultural output in the last quarter of 2018 following the drought of last summer, while low power production in February and March slowed down growth in the current quarter. (ssb.no)
  • General government consumption increased by 1.0 percent in the first quarter, following weak growth throughout 2018. (ssb.no)
  • Market sector productivity running comfortably along at about a 2% growth rate. (edu.au)
  • But in a high-performing economy, what we see is an alignment around productivity, income, and demand [Exhibit 2]. (mckinsey.com)
  • Ill-health reduces human capital and productivity, two key factors that are crucial for attracting investment, competing in international markets, and economic growth. (who.int)
  • While these innovations are often perceived to be favorable and may be linked to economic growth and productivity, they are also tied to unfavorable outcomes, such as technological job displacement-the elimination of jobs when human workers are replaced by technology. (cdc.gov)
  • These new figures give us a clearer picture and a better way of understanding China's economy," Li said. (foxnews.com)
  • China's economy is operating within a reasonable range, maintaining stable, coordinated and sustainable development, laying a solid foundation for achieving the annual target," Xing said. (derechos.org)
  • China's economy sustained a steady recovery with the production and demand picking up, employment and prices remaining stable, new driving forces thriving fast, quality and efficiency enhancing, market expectations improving and major macro indicators staying within reasonable range. (stats.gov.cn)
  • As China's economy matures, consumption and service-related industries are becoming structurally more important. (etftrends.com)
  • The economy, it said, could grow 4 percent to 5 percent in 2014, and the agency slashed its expectations of export growth to zero in 2013, from an earlier estimate of 5 percent. (ibtimes.com)
  • The government's Mid-Year Analysis has projected the economy to grow by up to over nine per cent this fiscal. (deccanherald.com)
  • As Joe Cortright, senior research advisor explains, "If you have [young, educated professionals], you attract employers and grow your economy. (smartgrowthamerica.org)
  • I'm still confident that the economy will gradually grow with the help of all sides. (bangkokpost.com)
  • Why do some emerging economies grow rapidly while others languish? (mckinsey.com)
  • The negative reaction of global stock markets to this data shows that the prevailing pessimism about the Chinese economy is likely to continue to grow and will further impact Chinese consumer spending, including in fashion. (yahoo.com)
  • Our economy continues to grow but the President doesn't take that growth for granted. (archives.gov)
  • Affordable internet and increasing smartphone adoption, which is expected to grow to 75% from 64% last year, means that Africa's digital economy, currently valued at $115 billion, and projected to grow sixfold by 2050, will positively affect other sectors of the economy. (techcrunch.com)
  • Harari writes about the "trust in future " - that is, the belief that the common pie will grow larger - as the foundation for the modern capitalist economy. (medscape.com)
  • It is widely accepted that countries are poor because their economies don't manage to grow sufficiently. (lu.se)
  • KOTA KINABALU: Sabah's economy appears set for robust growth as shown by the increasing number of tourist arrivals at the Kota Kinabalu International Airport (KKIA), said Datuk Seri Liow Tiong Lai. (thestar.com.my)
  • The UAE's economic growth is expected to remain robust, averaging 4.6 percent from 2022 to 2024, driven by higher oil prices and improved business confidence, according to the Arab Monetary Fund (AMF). (zawya.com)
  • Economic] growth is projected to remain robust around 7 per cent for 2016-17, supported by strong garments exports, real estate and construction activity as well as the reduction in oil prices," an IMF mission concluded following a two-week visit to assess Cambodia's macroeconomic developments. (phnompenhpost.com)
  • While some local rural economies are healthy and robust, other areas are in serious decline. (cdc.gov)
  • Against the sluggish growth of the global economy, Chinese fashion companies are taking steps to cope with rising geopolitical tensions - but the future remains bleak. (yahoo.com)
  • Economists said there are concerns that the spread of coronavirus will result in more sluggish growth, limiting activity and encouraging consumers to stay away from stores and restaurants. (cnbc.com)
  • This focus on "new China" provides substantial relief from slower growing sectors of the economy, which retain a high exposure within existing, widely used Chinese equity benchmarks, such as the Hang Seng China Enterprises Index (HSCEI). (etftrends.com)
  • The conference aimed to explore the impact of the on-going structural transformation in South Asia, in which large sections of the population are gradually moving from the agricultural sector into other sectors of the economy and/or geographical areas, mainly urban areas. (lu.se)
  • The report highlights opportunities for Europe to go further in creating an economy that can deliver prosperity and sustainability. (europa.eu)
  • Business investment is a major driver of long-term economic growth and prosperity. (fraserinstitute.org)
  • China's new economy picking up steam amid steady growth. (derechos.org)
  • Growth in property development investment continued to decelerate to 8.5 percent in Jan.-June, down from 8.8 percent during the first five months, adding to evidence that China's property market is running out of steam amid government cooling measures to quash potential asset bubbles. (derechos.org)
  • Volatility and growth: Credit constraints and the composition of investment ," Journal of Monetary Economics , Elsevier, vol. 57(3), pages 246-265, April. (repec.org)
  • Degrowth or green growth? (lu.se)
  • The post-growth economy needs a degrowth vocabulary! (lu.se)
  • Hong Kong is treated as a separate economy by mainland officials and has its own currency and trade statistics. (foxnews.com)
  • Over 50 years this amounted to a set of seven economies, which includes China, South Korea, Hong Kong, Singapore, and then a set of economies in Southeast Asia, which is Malaysia, Indonesia, and Thailand. (mckinsey.com)
  • Inaction on entitlement spending reforms, even though mandatory spending now constitutes nearly 2/3 of the Federal budget and the unsustainable growth in entitlement spending is our nation's biggest budgetary challenge. (archives.gov)
  • The Indian economy is at a crossroads with major structural reforms underway, such as a unified Goods and Services Tax (GST) that rolled out on July 1 and an Insolvency and Bankruptcy Code that was enacted last year. (upenn.edu)
  • It's better to accept slower growth for a short period as long as you are doing the right structural reforms to resurrect that growth to a higher level," he said. (upenn.edu)
  • Using oil revenues, the government intervened significantly in the economy. (countrystudies.us)
  • This study explores the finance and economic growth nexus in G‐7 economies as these countries experience significantly higher levels of financial development. (repec.org)
  • Due to strong spillover effects to other sectors, manufacturing is significantly more important to the overall economy than it is often given credit for. (iwkoeln.de)
  • Growth stocks have fallen by an average of 0.6% during recessions, while value stocks have fallen by an average 6.8%, according to CFRA data. (ibtimes.com)
  • But expectations for 1.7 percent GDP growth were missed, Reuters reports. (ibtimes.com)
  • From 1993 until this year, the country's GDP averaged 1.0 percent growth, hitting an all-time high of 11.3 percent in March 2012 and a record low of -11.1 percent in December 2011. (ibtimes.com)
  • In 2009, Sweden saw its economy shrink a full 5.3 percent, but according to Mats Dillen, the head of Sweden's National Institute of Economic Research (NIER), the country's GDP is now back at its pre-crisis 2008 level. (thelocal.se)
  • We will probably see growth above five percent this year," he said, adding that he would not yet make any new estimates for next year, since "we also need to take into consideration the international development. (thelocal.se)
  • Contributing to the strong third-quarter growth, according to the statistics agency, was a 3.5-percent increase in household consumption expenditures and a 1.8-percent jump in government consumption expenditures. (thelocal.se)
  • Economists have long said China's already stunning official figures showing annual growth above 9 percent in recent years understate the size of its economy due to antiquated data gathering that focused on manufacturing and undercounted emerging service industries. (foxnews.com)
  • The certification center said Russia's overall halal economy was also growing at a rate of 15 percent every year, but declined to give a breakdown of its figures. (arabnews.com)
  • A broad-based growth led to a 0.9 percent growth in services in the first quarter, close to its growth in the previous quarter. (ssb.no)
  • Household consumption increased by 0.6 percent in the first quarter, with an increase in car sales and growth in consumption of services of 0.7 percent being the main contributors. (ssb.no)
  • Gross fixed capital formation fell by 1.2 percent in the first quarter after a growth of 2.3 percent in the preceding quarter. (ssb.no)
  • This year, however, the growth rate in these countries has been estimated to be falling for the sixth year, to 3.6 percent. (socialistworld.net)
  • The prognosis is for the economy to shrink by two percent or more this year. (socialistworld.net)
  • For Russia, the drop is similar - from 8.5 percent growth in 2006 and 4.5 in 2010 to - 4.6 percent in the second quarter this year. (socialistworld.net)
  • Others, pointing to the big drop in electricity consumption, transport of cargo and producer prices, estimate China is on a 4 percent growth rate or less. (socialistworld.net)
  • China on Monday reported steady growth of 6.9 percent for the first half of 2017, though the figure was overshadowed by reform progress and performance in new economic sectors. (derechos.org)
  • The high-tech and equipment manufacturing sectors are leading the country's industrial growth, with year-on-year output increases of 13.1 percent and 11.5 percent in the first half, respectively, compared with a 6.9 percent rise in overall output. (derechos.org)
  • An NBS survey into China's 40,000 small and micro-firms, crucial businesses in the country's pursuit of new and inclusive economic growth, showed that the business climate index of these firms reached a two-year high of 96.5 percent in the second quarter. (derechos.org)
  • The service sector, already accounting for 54.1 percent of the overall economy, expanded 7.7 percent year on year in the first half, outpacing a 3.5 percent increase in primary industries and 6.4 percent in secondary industries, NBS data showed. (derechos.org)
  • In the same period, the contribution of domestic demand to GDP growth reached 96.1 percent, 0.3 percentage points higher than the first quarter level, a trend much in line with China's efforts in growth model shift. (derechos.org)
  • In the second quarter, GDP growth was steady at 6.9 percent year on year, flat from the first quarter, but well above the government's annual growth target of 6.5 percent. (derechos.org)
  • and the average two-year growth was 5.3 percent, 0.3 percentage points faster than that of the first quarter. (stats.gov.cn)
  • for the second quarter 7.9 percent, with an average two-year growth of 5.5 percent. (stats.gov.cn)
  • and the tertiary industry 29,661.1 billion yuan, a year-on-year growth of 11.8 percent, with an average two-year growth of 4.9 percent. (stats.gov.cn)
  • The quarter-on-quarter GDP growth of the second quarter was 1.3 percent. (stats.gov.cn)
  • In the first half year, the value added of agriculture (crop farming) went up by 3.6 percent year on year, 0.3 percentage points faster than that of the first quarter, with an average two-year growth of 3.7 percent. (stats.gov.cn)
  • and the month-on-month growth was 0.56 percent. (stats.gov.cn)
  • and that of the production and supply of electricity, thermal power, gas and water up by 13.4 percent, with an average two-year growth of 6.0 percent. (stats.gov.cn)
  • The value added of high-tech manufacturing went up by 22.6 percent year on year, with an average two-year growth of 13.2 percent. (stats.gov.cn)
  • In terms of products, the production of new-energy automobiles, industrial robots and integrated circuits increased by 205.0 percent, 69.8 percent, and 48.1 percent year on year respectively, with the average two-year growths all exceeding 30 percent. (stats.gov.cn)
  • Growth in Turkey was also revised down to 3.6 percent from 3.7 percent in 2017 in the report. (hurriyetdailynews.com)
  • Zandi expects growth of an above consensus 35% for the third quarter. (cnbc.com)
  • Meanwhile, Buven pointed out that the strong GDP growth figures announced Monday were "of course due to the deep drop we experienced last year. (thelocal.se)
  • After the relaxation of curbs, growth in the third and fourth quarter should be good and the result should be positive this year. (bangkokpost.com)
  • Next year, the growth rate will increase," Deputy Prime Minister Supattanapong Punmeechaow, who is in charge of economic matters, told a virtual business seminar. (bangkokpost.com)
  • The mufti pointed to an annual exhibition of halal goods and producers in the Muslim-majority Russian republic of Tatarstan, which this year saw its biggest ever turnout, as an example of the sector's growth. (arabnews.com)
  • Growth stocks - which have trounced their valued-focused peers over the last decade - have borne the brunt of the Federal Reserve's hawkish turn this year, with the Russell 1000 Growth index down more than 11% year-to-date, compared to a more-than 5% loss for the benchmark S&P 500 index. (ibtimes.com)
  • Expectations of an aggressive Fed briefly turned the spread between yields on two and 10-year Treasuries negative last week, a phenomenon that is often seen as an indication of worries about economic growth. (ibtimes.com)
  • Schaefer has hired nearly 120 people since March, both seasonal workers and long-delayed replacements for people who left last year when COVID ravaged the economy. (necn.com)
  • The ministry now anticipates growth of 3.8% this year, rather than the previous figure of 3.6%, driven by exports and tourism. (warc.com)
  • Economists say the lack of stimulus from Congress means growth could be challenged heading into the end of the year. (cnbc.com)
  • Construction of housing starts in Calgary have increased by about 20 per cent since the beginning of the year, according to the Canada Mortgage and Hosing Corporation's latest report, and industry experts say it's a good sign for the economy. (cbc.ca)
  • The UK economy lost 190 million working days to absence last year, with employees taking an average of 6.5 days off sick. (growthbusiness.co.uk)
  • By the year 2025, it is likely to seem smaller still - and, with continuing population growth, it will certainly be much more crowded. (who.int)
  • The fact that young, talented workers are moving to town centers and urban cores across the country is a major shift from the trends of the last generation, and one which CEOs for Cities believes will be crucial for the U.S. economy in years to come. (smartgrowthamerica.org)
  • Fu, the NBS spokesman, said that the Chinese economy continued to rebound in April through more enabling factors. (chinadaily.com.cn)
  • Presently, Malaysia's revenue from personal income taxes and consumption taxes both fall well below the average levels seen in other upper middle-income economies and high-income countries. (worldbank.org)
  • The report stressed that promoting workforce localisation and increasing the participation of citizens in the private sector is another key approach to achieving growth in GCC countries, most notably in the UAE, Saudi Arabia and Bahrain. (zawya.com)
  • There's commonality across countries that achieve growth over the long term. (mckinsey.com)
  • We observe that exceeding the threshold would hinder the countries instead of furthering economic growth as too much finance is harmful. (repec.org)
  • The most recent engines of the world economy - the BRIC countries - have turned into brakes and triggers of new crises. (socialistworld.net)
  • Growth in advanced economies is modest already under the baseline, as low demand in some countries and a broad-based weakening of potential growth continue to hold back the recovery," said the report. (hurriyetdailynews.com)
  • Togo ($13), Seychelles ($13) and Namibia ($11) are the other African countries with the most expensive data packages - hindering economic growth and job creation. (techcrunch.com)
  • Evidently, affordable internet could explain the booming digital economies of these countries, hence their attractiveness to venture capitalists and tech investors. (techcrunch.com)
  • A new study released today by the ITUC shows that investment into the care economy of 2% of GDP in just 7 countries would create over 21 million jobs and help countries overcome the twin challenges of ageing populations and economic stagnation. (ituc-csi.org)
  • The evidence from these seven countries reinforces the huge jobs and growth potential in the care economy worldwide," concluded Burrow. (ituc-csi.org)
  • Economic growth (with redistribution) is the primary means by which countries reduce poverty. (who.int)
  • Though trade in health services in the African Region is low at present, it is likely to increase as countries liberalize their economies. (who.int)
  • But, perhaps surprisingly, the ability to create growth is not what most poor countries are lacking. (lu.se)
  • Again, this shows that all countries can create growth but only a few can reduce the number of years they experience shrinking. (lu.se)
  • The growth process very seldom is linear, especially in low income countries . (lu.se)
  • In many countries, economic activities are concentrated to a few cities or regions, but what determines the growth of a strong economy? (lu.se)
  • The project will provide new knowledge of the history of the Nordic countries' regional growth. (lu.se)
  • Sweden's economy easily beat expectations to post record growth in the third quarter, driven by strong domestic demand, as the government warned against over-confidence. (thelocal.se)
  • The Swedish growth figures, which already soundly beat analyst expectations in the second quarter, were again far better than expected in the July-to-September period. (thelocal.se)
  • January's figure beat expectations with analysts predicting that the economy would eke out 0.1% growth in the month. (scotsman.com)
  • Part II covers changes in GDP including graphs and statistics, and also covers people's place in the economy, such as human capital in education and the labor force, income inequality, and poverty. (wikipedia.org)
  • After all it is growth in nominal income (wages and profits) which feeds into taxation revenue. (edu.au)
  • Unfortunately, after two decades of economic underperformance, this is a negative indicator for the province's growth prospects in years to come. (fraserinstitute.org)
  • The thesis shows that increasing public legislation in Parliament during the late eighteenth and early nineteenth centuries was the indicator of the growing importance of the central state in Britain, which was being gradually more friendly to the real economy. (lu.se)
  • These seven did it over 50 years, and then there's another set of 11, which delivered high growth over a shorter period of about 20 years [Exhibit 1]. (mckinsey.com)
  • However, given the complex and severe international landscape and insufficient domestic demand, the internal driving forces for economic growth remain modest. (chinadaily.com.cn)
  • In total, power generation reduced mainland growth by 0.2 percentage points in the first quarter, while fishery, which was poor in February and March reduced growth by 0.1 percentage points. (ssb.no)
  • Cocoa, coffee, and independence from Spain dominated the Venezuelan economy in the eighteenth and nineteenth centuries. (countrystudies.us)
  • In light of the current Irish banking catastrophe and deepening concern about other eurozone economies, "it is difficult to estimate how long (this strong growth) will last," he acknowledged. (thelocal.se)
  • Mukherjee said he did not believe that 8.9 per cent expansion in the second quarter of this fiscal could be achieved from a growth rate of 5.5 per cent in 2008-09. (deccanherald.com)
  • The latter is the highest gross domestic product growth rate since the statistics agency began its quarterly measurements in 1970, and "is most probably the highest since 1950," Peter Buven, an analyst with the statistics agency, told the TT news agency. (thelocal.se)
  • Asked how to reconcile February's job growth and rise in unemployment, Treasury Secretary Janet Yellen on Friday pointed to a slight increase in the labor force participation rate. (zawya.com)
  • But a rise in the unemployment rate and softer wage growth suggest a potential adjustment in conditions,' she added in a note. (zawya.com)
  • In fact, Ontario's rate of growth was the third-lowest in Canada ahead of only New Brunswick and Nova Scotia, which have historically struggled to attract large scale business investment. (fraserinstitute.org)
  • Over the same period, Taiwan had a per person growth rate of 5.62% during its own growth years. (lu.se)
  • As the economy improves, with greater employment and an improved consumption environment, the driving force of consumption will be further strengthened, said NBS spokesman Fu Linghui. (chinadaily.com.cn)
  • Zhou Maohua, an analyst at China Everbright Bank, said that despite rapid growth in consumption of high-end goods - like jewelry - and services such as catering, expenditure on durable goods such as furniture and home appliances remained subdued in April. (chinadaily.com.cn)
  • Consumption and service, together with the innovation-driven new economic sectors, are taking up larger roles in the economy, according to data from the National Bureau of Statistics (NBS). (derechos.org)
  • Most major economies satisfy some of these criteria, primarily those related to price pressures, but the labour market weakness and overall persistence have not been observed, it noted. (livemint.com)
  • This book examines SME growth, innovation and success, to suggest that fast growing firms could offer a major contribution to the recovery of a European economy. (e-elgar.com)
  • These material shifts have major impacts on our economy and our environment. (cdc.gov)
  • One major reason for our interest in nonmetropolitan labor market areas is our appreciation of the wide range of rural economies and labor markets. (cdc.gov)
  • The U.S. freelance economy has grown rapidly in recent years to approximately 53 million freelancers, or around 1 in every 3 working Americans . (paychex.com)
  • The majority of the literature on the relationship between institutions and economic growth conceptualises the political institutions as a precondition to modern economic growth in the British context. (lu.se)
  • Estimating the thresholds in the finance-growth nexus, we notice that there exists a threshold effect of finance at 109% of Gross Domestic Product (GDP). (repec.org)
  • Value stocks, meanwhile, have found support from a strong economy and surging commodity prices. (ibtimes.com)
  • Adding to these headwinds are concerns about the global impact of China's transition to more balanced growth, along with signs of distress in other large emerging markets, including from falling commodity prices, according to the report. (hurriyetdailynews.com)
  • The arrival of significant oil revenues, however, has caused the economy to be viewed with guarded optimism. (nationsencyclopedia.com)
  • Sentiment surveys and forward-looking indicators such as truck toll mileage pointed to 'unbroken optimism' among businesses and high activity in the economy over the summer months. (fxstreet.com)
  • Apartment starts show the most significant growth, with construction up by almost 30 per cent and taking up a higher-than-average share of total new construction. (cbc.ca)
  • In the EU, this "Combined Sector" accounts for 24.3 per cent of VA in the total economy compared to a world average of 20.8 per cent. (iwkoeln.de)
  • During a two-day National Financial Work Conference that ended Saturday, China unveiled reform plans to improve the financial sector's capabilities to serve the real economy while guarding against systemic risks. (derechos.org)
  • The main drivers of January's growth were the return of children to classrooms, following unusually high absences in the run-up to Christmas, the Premier League clubs returned to a full schedule after the end of the World Cup and private health providers also had a strong month. (scotsman.com)
  • The foundation for the steady growth, however, is still not solid as internal drivers are not strong enough and demand is still insufficient. (chinadaily.com.cn)
  • Swedish Prime Minister Fredrik Reinfeldt hailed the growth figures, which he described to TT as "very strong in an environment where many others in Europe have deep problems. (thelocal.se)
  • Like Reinfeldt, Finance Minister Anders Borg, who has been largely credited with the Scandinavian country's dramatic turn-around, also cautioned Monday against allowing the strong growth figures to lead to "hubris. (thelocal.se)
  • But it probably is true that there are strong advantages of having growth taking off in the form of, let's say, a big anchor economy or an economy that leads in a region. (mckinsey.com)
  • With a grant of 5 MSEK she will study how the Nordic region became such a strong economy. (lu.se)
  • And what makes a strong economy a lasting one? (lu.se)
  • By investigating how the economic and social pillars of sustainability, as historically conveyed in the EU primary law objectives of economic growth and social progress, shaped the rights of migrants, the project identifies the limitations that lie behind the novel objective of sustainable migration. (lu.se)
  • In an increasingly urbanised world, the ability of cities to drive economic growth, sustainable solutions, and enriching environments is not just an aspiration but a necessity. (lu.se)
  • However, mounting geopolitical tensions in Taiwan, lockdowns in China, the cost-of-living crisis, rising borrowing costs, and the threat of energy shortages in Europe highlight the fragility of the global economy," the report said. (livemint.com)
  • With a share of 15 per cent of VA in the total economy, industry is responsible for 65 per cent of research and technological development (R&D) expenditure and for 49 per cent of innovation expenditure. (iwkoeln.de)
  • Before and after the G20 summit in Turkey, most prognoses of economic growth - global as well as country by country - are being scaled down. (socialistworld.net)
  • These developments point to higher risks of a derailed recovery, at a moment when the global economy is highly vulnerable to adverse shocks. (hurriyetdailynews.com)
  • The Finance-Growth Nexus: Evidence from Bank Branch Deregulation ," The Quarterly Journal of Economics , Oxford University Press, vol. 111(3), pages 639-670. (repec.org)
  • Slower growth among these "old economy" sectors has translated into lagging equity performance, particularly in recent years. (etftrends.com)
  • Financial Development, Financial Fragility, and Growth ," Working Papers Central Bank of Chile 145, Central Bank of Chile. (repec.org)
  • Financial Development, Financial Fragility and Growth ," Working Papers 192, Barcelona School of Economics. (repec.org)
  • Financial development, financial fragility, and growth ," Policy Research Working Paper Series 3431, The World Bank. (repec.org)
  • Financial development, financial fragility and growth ," Economics Working Papers 855, Department of Economics and Business, Universitat Pompeu Fabra. (repec.org)