are incarcerated(监禁) far more often than their better-off peers. That should be enough for us to recognize the moral tragedy that is child poverty, but we should note the broad effect too: reliable analyses show that the nation’s GDP is up to $1 trillion lower because of child ...
The regulation of the MONEY SUPPLY, CREDIT and INTEREST RATES in order to control the level of spending in the economy (see ECONOMIC POLICY). The monetary authorities (principally the BANK OF ENGLAND in the UK) can employ a number of measures to regulate the money supply, in particular tha...
It set the projected deficit-to-GDP ratio at 3 percent for 2024 and targeted a whole-year inflation rate of around 3 percent. With this planned fiscal deficit rate, the deficits are expected to reach 4.06 trillion yuan ($560 billion)...
The financial reforms of the 1980s and 1990s that took place in most economies were expected to improve financial depth and the use of formal financial services such as loans, savings, payment services, and other related services. However, the degree of access to and use of formal financial ...
It set the projected deficit-to-GDP ratio at 3 percent for 2024 and targeted a whole-year inflation rate of around 3 percent. With this planned fiscal deficit rate, the deficits are expected to reach 4.06 trillion yuan ($560 billion) this year, with an increase of 180 billion yuan from ...
Last year, clean energy jobs grew at double the rate of job growth in the rest of the economy and clean energy unionization rates reached the highest level in history. The Good Jobs EO builds on that momentum and will ensure that these investments continue to improve opportunities for millions...
9 A first set of controls used in this study includes the usual proxy of the brown lobby, i.e., an index of the perception of corruption, and the three variables to account for environmental preferences, i.e., GDP per capita, its square and income inequality. A second set of controls...
The dependent variable is the growth of domestic credit to the private sector by banks as a percent of GDP. Robust standard errors in parentheses: *** p < 0.01, ** p < 0.05, * p < 0.1. Decentralization refers to the number of institutions involved in carrying out macroprudential policies...
the economy grew, and 16.5 million jobs were created during Reagan's two terms.3However, the national debt increased. Whilegross domestic product(GDP) rose approximately 34% during Reagan's presidency, it's impossible to determine how much of that growth was due to tax cuts versusdeficit spend...
In 1986, GDP stood at 3.5%, but the unemployment rate was at a high of 6.6%. Reagan cut the tax rate to 38.5% in 1987, and unemployment fell to 5.7%.2 The goal of these reforms was not only to reduce tax burdens but also to simplify the tax code. Some of Reagan's reforms elim...