Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. RealGDPis expressed in base-year prices. It is often referred to as constant-price GDP, inflation-corrected GDP, or constant-dollar GD...
Real GDP is an inflation-adjusted measure that reflects the number of goods and services produced by an economy in a given year, with prices held constant from year to year to separate out the impact of inflation or deflation from the trend in output over time. Since GDP is based on the...
A federal appeals court has sided with Native American tribes in their fight against the federal government over a $10 billion energy transmission line that will carry wind-generated electricity from New Mexico to customers as far away as California ...
Explain a country's gross domestic product (GDP) and how it is defined and calculated. What is the significance of real GDP per capita to economic growth? Explain how automatic fiscal policy influences GDP. How does the measurement of GDP, and its annua...
Learn everything about startup capital—how to raise it, types of funding, key terms, and global hotspots like Amsterdam and Silicon Valley.
The ongoing COVID-19 pandemic has highlighted the vast differences in approaches to the control and containment of coronavirus across the world and has demonstrated the varied success of such approaches in minimizing the transmission of coronavirus. Whil
Notes: Panel (a) depicts the share of jobs that can be done at home and GDP per capita for 86 economies. The shares are computed by mapping our classification of 6-digit SOC codes to 2-digit ISCO codes using country-specific weights as described in Appendix A. We use the most recent ...
The Gates money, put to work through the Global Polio Eradication Initiative, has helped bring that horrific paralyzing disease to the brink of elimination, leaving only two places on the earth, Afghanistan and Pakistan, where the wild poliovirus remains active. In 1988, the disease could be fou...
Quite paradoxically, retrospectively one can trace the beginning of the process of the Great Convergence already in the nineteenth century when the European and Western domination seemed to have become overwhelming. The main reason of such a change was t
While Mozambique is still among the world's poorest countries, with a GDP per capita of less than $500 at market exchange rates, it has managed to attract a great deal of investment, ranking fifth worldwide on inward FDI stock depth and seventh on FDI inflows. Most of this investment has...