Word: gdp
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...referred to a Dec. 8 Congressional Budget Office report on possible macroeconomic consequences, which estimated that a severe pandemic might result in a five percent reduction in real GDP from worker absences and reduced consumption...
People are being urged to adopted very restrictive copyright regimes that limit how they can do distance education, how they can promote their own local culture, what kind of technology they can develop, turning these nations into exporters of the GDP to the developed world in a kind of new colonialism...
...What happens now? Most likely, nothing. With a per-capita gdp of just $478, East Timor remains one of the world's poorest nations, and wants to keep friendly ties with Indonesia, its largest trading partner. East Timor President Xanana Gusm?o has rejected CAVR's call for reparations and a war-crimes tribunal, saying he wants South African-style truth and reconciliation rather than punishment. "It's not so important to look at the figures [in the study]," he said. "It is important to look at the lessons...
...into fifth place worldwide - just behind the U.S., Japan, Germany and Britain. Zhu said that the new number is a better reflection of reality, but still doesn't take into account small private companies and service firms, including retailers, with fewer than 60 employees. As a result, "Chinese gdp is still underestimated. There's still 15-20% to go," he said. That's good news for the rest of Asia too, as China's growth boosts the whole region. Frenkel pointed out that while China is exporting goods worth about $300 billion to the U.S. and Europe...
WHAT'S THE IMPACT ON THE ECONOMY? High energy costs will shave up to half a point off GDP growth in 2006, predicts Stephen Brown, an economist with the Dallas Federal Reserve Bank--"a drag on the economy," he says, but not enough of one to tip us into recession. Still, slower growth means there will be pockets of pain. In Iowa, applications to the state's energy-assistance program are up 8%. Public schools, hit with high heating bills, are turning down the thermostat and spending less on field trips. David Callis, who grows corn, soybeans and wheat...