I also believe Romania is a great place to live in. Call me nationalistic, but I feel like there’s so much potential in this medium-sized country. Of course we don’t have the salaries or GDP like in Western Europe or North America but we are catching up. And quickly. The highest ...
Nowcasts seem to perform better in predicting UK inflation during this period. This is a preview of subscription content, log in via an institution to check access. Similar content being viewed by others Benchmarking econometric and machine learning methodologies in nowcasting GDP Article 04 ...
China’s recent post-COVID-19 reopening is driving a consumer rebound, supporting regional and global growth. We expect China’s economy to grow 5.8 per cent in 2023, up from 3.0 per cent in 2022. Household consumption is likely to contribute 4-4.5ppt to this year’s GDP growth, up fro...
789,000,000,000. That is also record territory for market cap/GDP. That would equate to $6,100 for every man, woman and child on the planet (based on world population of 8 billion.) That is just the S&P 500, not all US equities....
However, robustness checks identified how the impact of carbon price on CO2 and other variables of the model is still weak. This work sheds light on the EU ETS's influence on a set of multidimensional variables. Still, overlapping national policies appear to interfere with the EU ETS ...
A broader concern is whether China is starting to lose its role as the driving force of the world economy; it provided almost half of global GDP growth over the past 10 years. Dhaval Joshi of BCA Research argues that Chinese residential property is massively overvalued. The Chinese government ...
The parliament of New Zealand has tasked the government with getting the national debt down to 20% of GDP by 2020. If that goal is framed in terms of net debt, then that aim has already been achieved. In terms of gross public debt, the government still has a little way to go. ...
Whilst impressive, the real barometer – GDP – is more modest. Because the new BRICS members are considered to be developing economies, their addition to the bloc will not have a major impact on its overall share of GDP. However, there’s a powerful advantage to global trade with...
Nonetheless, there is still some small over-counting of the number of distinct donors. The sectoral classification is UKSIC from the UK Companies House as of August 2019 and we single out property services and construction. There were 6561 donations from 1873 businesses. In our regression ...
UK GDP rose in August As expected, UK real GDP (Gross Domestic Product) grew by 0.2% in August, returning to growth after two consecutive months of stagnation. The Chancellor of the Exchequer, Rachel Reeves, welcomed thisnewsas she prepares to deliver her first UK Annual Budget Release...