Word: gdp
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...delay any progress on fighting global warming. Bush officials in the Environmental Protection Agency advocated a deeper look into the science of climate change as a preliminary to policymaking, which most of us north of the Mason-Dixon line know is strictly a stalling technique to protect our GDP from the threat of environmental policies. Now they even have Harvard’s name to help make their case...
...Paradox of Deflation Solved, HSBC Securities senior economist Peter Morgan concludes that Japan's gross-domestic-product figures are increasingly skewed by discrepancies in how price changes for different types of goods (particularly computers and other information-technology products) are calculated, thereby creating significant distortions. "This suggests that official GDP data are substantially overstating economic growth," he writes. Morgan's own second-quarter GDP-growth estimate is just 2.1%. "Things may not have been as bad as everybody thought they were even half a year ago," Morgan tells TIME, "but they are not as good as everyone thinks, either...
...committed to free trade. On the other, exchange rates have a direct and measurable impact on exporters?and Japan's recovery is still fragile. Credit Suisse First Boston estimates that every 10% appreciation in the yen could cut recurring profits in the manufacturing sector by 10% and reduce annual GDP growth by nearly a third of a percentage point...
...been some gains in areas such as financial reform (for example, bad loans at the nation's large banks declined in 2002 for the first time in six years), progress in other areas of the economy has been scanty. Deflation persists, public debt still totals a daunting 140% of GDP and unemployment remains relatively high...
...mainly to large companies. That's good news for lots of punters, but it is less significant for the economy as a whole. Katz notes that according to the Finance Ministry, Japan's 5,600 largest companies employ only 11% of the workforce and account for just 17% of GDP. And although large companies enjoyed a 17% jump in operating profits last year, small companies suffered a 12% drop...