Word: gdp
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...common house" of Eurasia, especially after two hot world wars and one cold one, is of course a perfectly rational desire. But a desire is not a strategy, and that is where Europe sells itself short. The E.U. has a population around three times larger than Russia's. Its GDP dwarfs Russia's by a factor of 12. And the 27 members of the E.U. heavily outspend Moscow on defense...
...Drew continually vacillates between alarming and reassuring the reader. Is she hiding something? 2. Who is this “Allston,” and why do We address her so briefly? 3. If Harvard lost half of its Endowment, it would still be roughly equal to the GDP of Ghana. Discuss...
...Tokyo wants to pump households with about $600 for each family of four - a plan that has faced criticism for being insufficient and indecisive regarding who should receive the benefits. "Even if the voucher goes to the households, given the propensity of household consumption, the impact on overall GDP will be very limited," says Nishioka. Says Shirakawa: "People don't want to spend money, even if they get it from the government. Economic reforms are important, but the government needs to make people more comfortable and more confident in efficient government. It's a tough situation." Japan can only hope...
...only way for boomers to prevent a decline in their standard of living and not drag down U.S. economic growth. The report estimates that a two-year increase in the median retirement age - from 62.6 to 64.1 over the next decade - would add nearly $13 trillion to real U.S. GDP during the next 30 years while reducing by half the number of boomers who would find themselves without enough money for retirement. Two-thirds of older boomers have not prepared sufficiently for their golden years, and many don't even realize it, according to the report. (Find out 10 things...
...represent a smaller share of the overall population. Thus as boomers age, the overall workforce will shrink. "Without an unexpected burst of productivity growth or a significant upsurge in investment per worker, the aging boomers' reduced levels of working and spending will slow the real growth of the U.S. GDP from an average of 3.2% a year since 1965 to about 2.4% over the next three decades," says the MGI report. That growth rate is 25% lower than the one we've been accustomed...