The Central government's tax collections have been steadily growing faster than the nominal GDP for the past two-and-a-half years; and from what one learns from the Finance Ministry mandarins, this trend is a product of years of interfacing multiple data sets starting with demonetisation and co...
InordertoensurethatthecombinedfiscaldeficitrelativetoGDPisbroughtcloserto6%,GoImayconsiderconstitutingaLoanCounciltooverseetheannualborrowingprogramsofthecentralandstategovernments.Itisalsodesirabletoshowabalanceonrevenueaccountandreductionofgovernmentdebt-GDPratio.Thisisneededtoaugmenttheaggregatesavingsratebyreducinggovernme...
Enduring states are quick to create fiscal space for future shocks, uncertain events or a rainy day. The fiscal space used up in the 2008 global financial crisis was never sufficiently recouped in the last decade. Thus, when Covid-19 struck in March 2020, India’s debt-to-GDP ratio had ...
Its GDP per capita is higher than India’s, and it maintains a significantly lower debt-to-GDP ratio, indicating less foreign dependence. Additionally, Vietnam’s lower inflation rate contributes to the stability of raw material prices and other costs, a crucial factor during econo...
The ratio of PFCE to GDP has increased from 55% to 60%. While incomes have a direct correlation with consumption, there are a various structural changes driving the Indian consumption story. With continued macro-economic growth and growing population, consumption expenditure is expected to continue...
what is the current level of growth in GDP?CPI?NationWhat is the current level of growth in GDP? CPI? National debt?al debt? nGDP is $5 trillion in Yr 1 and $5.4 trillion one year later. What is the GDP growth rate? If real GDP was $8,742 billion in year 2 and it had been...
Now it’s time for ar stop in Malaysia, where corrupt politicians spent the country into debt and now they want taxpayers to voluntarily cough up extra money. When Malaysian Prime Minister Mahathir Mohamad unexpectedly won his bid for office in May, he pledged to…get the country’s $250 bi...
The increasing trend in gross domestic savings as a proportion of GDP observed since 2001-02 has continued with the savings ratio rising from 26.4 per cent in 2002-03 to 29.7 per cent in 2003-04, 31.1 per cent in 2004-05 and 32.4 per cent in 2005-06. As the savings rate has gone ...
Across the globe, the trend of using debtto fund acquisitions has increased. Click to view or download Buying a business? What to buy? Buying an existing business, which is already generating cash flows and profits, is often a more prudent decision than starting from scratch. An existing ...
cit. analysed the regional house price convergence for the thirteen regions using quarterly data for 1973q4 to 2005q1. They derived the largest principal component from regional house price differentials. This was found stationary suggesting a common stochastic trend driving regional house prices, ...