Word: gdp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Pakistan's president, Pervez Musharraf, must be puzzled. The country's image abroad remains far worse than the reality. The international media give scant coverage to our rapidly expanding economy, with GDP growth of over 8% and so many opportunities that every month another friend of mine seems to join the "brain gain" of those quitting jobs in New York and London to return home. Few stories are written about the dynamic youth culture expressing itself on our new television and radio stations, or through underground events like the massive rave that took place in Lahore last month. Little...
...been frigid. At the June 21 press conference held to announce the concert’s Canadian host, Geldof issued a stern admonition to Canadian Prime Minister Paul Martin on the subject of foreign aid; unless, like a number of European countries, he commits to a 0.7 percent of GDP foreign aid contribution by 2015, Martin should stay home...
...development aid target of 0.7 percent of GDP is hardly a new concept. The number was born because of the work of the World Bank’s Commission on International Development—called the Pearson Commission after its chair, former Canadian Prime Minister Lester B. Pearson—which delivered its report in 1969. The next year, the UN General Assembly adopted the 0.7 percent target as the international standard for foreign aid contribution. In the 35 years since, rich countries have repeatedly pledged to meet that target, but only a handful—Denmark, Norway, Sweden, Luxembourg...
Canada’s current foreign aid contribution is approximately $3 billion, 0.26 percent of the country’s trillion-dollar GDP. Reaching 0.7 percent would require Canada’s contribution to more than double, a political near-impossibility given the higher-than-usual level of spending included in the government’s last budget, passed...
...balanced their budgets, four members--Germany, Greece, France and Italy--have allowed their budget deficits to grow beyond the 3% limit laid down in the rules of the single currency. The overall debt level of the euro countries, which is not supposed to exceed 60% of gross domestic product (GDP), is creeping up again, from 70.8% of GDP in 2003 to 71.3% in 2004 and a projected 71.7% this year...