Word: gdp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...nearly 5% in the first quarter, while unemployment has fallen to 4.7%, the lowest since 2001. But the price of gas isn't a mere macroeconomic figure. It's a pocketbook item that consumers feel every week. The economy required about 27% less energy to produce a dollar of GDP last year than it did in 1986, according to the Department of Energy. But gas prices are hurting consumers because real wage growth has declined over the past four years. The American Automobile Association estimated that the average driver's fuel costs will increase to 9.2¢ a mile, from...
...earnings to build new Tibetan Buddhist temples in western China, and has imparted the Buddha's teachings to his business partners. Tempering a capitalist impulse with a quest for inner peace jibes with the Chinese government's own shift from a development model based mainly on high GDP-growth rates to one in which overall quality of life is also taken into consideration...
...says Vietnamese-American venture capitalist Don Lam. "It forced the government to think realistically, to be proactive instead of just sitting and waiting for the money to come." Last year, Vietnam passed business-friendly investment and enterprise laws and streamlined its bureaucratic licensing process, further boosting growth. Vietnam's GDP jumped 8.4% last year, the second fastest rate in Asia behind China, and the country took in more FDI per capita than both India and China...
...natural resources. The demand from China for raw materials has already resulted in higher equilibrium prices for many commodities, from coal to copper to palm oil. And if all goes well in India, which has many economic similarities to China 20 years ago, its economy will clock real GDP growth of more than 7% a year for the next decade, driving further price gains for commodities...
...ndez has a record of delivering. During his first term (1996-2000), the D.R. enjoyed the highest growth rate in the Latin American region. His successor and predecessor, Hipólito Mejía, presided over a banking scandal in 2003 that triggered an economic nosedive that wiped out 20% of GDP (imagine $2.8 trillion disappearing in the U.S.) and plunged an additional 1 million Dominicans into poverty. Since retaking the top job 20 months ago, Fernández has put the country back on the mend, restoring macroeconomic stability and business confidence. Last year's growth soared 9.2%, with single-digit inflation...