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Disputes over Macro Theory and Policy
Disputes over Macro Theory and Policy

UGANDA gb - OECD.org
UGANDA gb - OECD.org

... 2002 divested 74 enterprises out of a total of 155 slated for privatisation. The privatisation process has been dogged by accusations of lack of transparency and corruption. The government’s commitment to a renewed transparent process is necessary to revamp the process. The political environment of ...
Central, Eastern, and Southeastern Europe
Central, Eastern, and Southeastern Europe

... Most CESEE economies entered the 2008–09 global financial crisis with growthunfriendly budgetary structures relative to their peers. On the spending side, budgets were characterized by high public consumption and large unproductive transfers. On the revenue side, they were characterized by a disprop ...
Assessment of the 2015 Convergence Programme for CROATIA
Assessment of the 2015 Convergence Programme for CROATIA

... bring about an increase in employment, and the unemployment rate is projected to decrease progressively to 14.3% in 2018. The output gap as recalculated by the Commission based on the information in the programme, following the commonly agreed methodology, is set to close in 2018, from a gap of -3.0 ...
UK BUSINESS CONFIDENCE MONITOR Q4 2010 INSPIRING CONFIDENCE
UK BUSINESS CONFIDENCE MONITOR Q4 2010 INSPIRING CONFIDENCE

... level of concern about regulatory requirements over the past two years, with a third of firms in each quarterly survey reporting the challenge posed by regulation as worse year on year. In Q4 2010, only 1% of businesses report regulatory requirements to be less of a challenge to their performance th ...
America`s Fiscal Insolvency and Its Generational
America`s Fiscal Insolvency and Its Generational

... The U.S. Fiscal Gap The U.S. fiscal gap currently stands at $210 trillion. This figure is my own calculation based on the Congressional Budget Office’s July 2014 75-year Alternative Fiscal Scenario (AFS) projection. Constructing the infinite-horizon fiscal gap from the CBO’s AFS projection takes les ...
Economic trends
Economic trends

Economic performance and government size
Economic performance and government size

... affect economic development and growth in many countries. However, despite necessary, government intervention is not a sufficient condition for prosperity, if it leads to the monopolization of the allocation of resources and other important economic decisions, and societies do not succeeded in attai ...
Macroeconomic projections For the World Economy at the 2050
Macroeconomic projections For the World Economy at the 2050

... modelling of energy productivity, and departing from the assumptions of either a closed economy or full capital mobility by applying a Feldstein-Horioka-type relationship between savings and investment rates. Our results suggest that, accounting for relative price variations, China could account for ...
ch05
ch05

... 4b.2 Leisure activity is similarly valuable, but no attempt is made to account for it in GDP. 4b.3 The underground economy is estimated to be about 10 percent of GDP in the United States and even larger in other countries. Because it is believed to be fairly constant over time, its consequences for ...
A Simulation of Counter-cyclical Intervention
A Simulation of Counter-cyclical Intervention

... This macroeconomic simulation is designed to give undergraduate students a sharper understanding of the potential benefits and challenges associated with countercyclical interventions. The intended audience is a student in either principles or intermediate macroeconomics who has been exposed to a m ...
Jamaica: Macroeconomic Policy, Debt and the IMF
Jamaica: Macroeconomic Policy, Debt and the IMF

... This paper looks at Jamaica’s recent history of indebtedness, its experience during the global economic downturn, and examines its current agreement with the International Monetary Fund (IMF). It finds that Jamaica’s economic and social progress has suffered considerably from the burden of an unsust ...
GDP per capita since 1820 - Utrecht University Repository
GDP per capita since 1820 - Utrecht University Repository

France Stability programme 2007-2009
France Stability programme 2007-2009

... social security funds is a 1% increase in real terms, which takes into account the natural dynamics of certain social benefits (such as pensions). Thus the general government net lending should gradually move toward balance over the projection period, which would entail a significant drop in public ...
The Great Shift : Macroeconomic projections For the - Hal-SHS
The Great Shift : Macroeconomic projections For the - Hal-SHS

NBER WORKING PAPER SERIES FISCAL RULES IN INDIA: ARE THEY EFFECTIVE?
NBER WORKING PAPER SERIES FISCAL RULES IN INDIA: ARE THEY EFFECTIVE?

... the reader that in recent years the fiscal space “vacated” by the states has been (more than) usurped by the central government. In section 7, the recommendations of the 13th Finance Commission regarding a roadmap for fiscal consolidation are formally examined. The section also attempts to outline a ...
monthly and quarterly gdp estimates for interwar britain
monthly and quarterly gdp estimates for interwar britain

Liquidity Traps and the Stability of Money Demand: Is Japan Really
Liquidity Traps and the Stability of Money Demand: Is Japan Really

... assumed to follow an active interest rate feedback rule known as ``Taylor (1993) rule.’’ Buiter and Panigirtozoglou (1999) set up two differential equations (i.e. consumption growth and Phillips-curve type inflation growth equatoins). Their phase diagram indicates that there exists a saddle-path sta ...
Fiscal Policy - Macmillan Learning
Fiscal Policy - Macmillan Learning

Nudging the Fed Toward a Rules-Based Policy
Nudging the Fed Toward a Rules-Based Policy

... such as the famous Taylor rule, which would require that the Fed target the nominal fed funds rate (see Taylor 1993). Key Fed officials also oppose instrument rules, which they suggest do not provide adequate flexibility. They worry that if the natural rate of interest and/or the natural rate of une ...
Public Finance Analysis in a Middle Income Country
Public Finance Analysis in a Middle Income Country

C23_Measuring a Nations Income
C23_Measuring a Nations Income

... MEASURING A NATION’S INCOME ...
THE PROPOSED FY 2017 NATIONAL EXPENDITURE PROGRAM
THE PROPOSED FY 2017 NATIONAL EXPENDITURE PROGRAM

... For 2017, Congress is asked to pass P2.499 trillion in new appropriations, of which P2.432 trillion will be programmed and shall be considered as part of the 2017 obligation budget. It will account for 73 percent of the total obligation budget and 97.2 percent of the total new appropriations. The re ...
PDF Download
PDF Download

... again, but also the expectations for the next six months continued to worsen. The gap between the economic climate in the euro zone to that of the rest of the world has grown wider. This is an indication that the economic weakening in the euro area will persist for the time being. Within the euro ar ...
Small Business Indicators of Macroeconomic Activity
Small Business Indicators of Macroeconomic Activity

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Abenomics



Abenomics (アベノミクス, Abenomikusu) refers to the economic policies advocated by Shinzō Abe since the December 2012 general election, which elected Abe to his second term as prime minister of Japan. Abenomics is based upon ""three arrows"" of fiscal stimulus, monetary easing and structural reforms. The Economist characterized the program as a ""mix of reflation, government spending and a growth strategy designed to jolt the economy out of suspended animation that has gripped it for more than two decades.""The term ""Abenomics"" is a portmanteau of Abe and economics, and follows previous political neologisms for economic policies linked to specific leaders, such as Reaganomics, Clintonomics and Rogernomics.
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