Economic growth

economic growth rate Definition The pace at which economic growth increases during a given interval. The quantities most commonly used to measure economic growth rate are Gross National Product and Gross Domestic Product.

Economic growth Economic growth refers to the increase in the value of goods and services produced by an economy. It is conventionally measured as the rate of increase in Gross Domestic Product, or GDP. Growth is usually calculated in real terms (i.

economic growth increase, from period to period, of the real value of an economy's production of goods and services, commonly expressed as increase in Gross National Product (GNP) . Browse All Topics ...

Economic growth: The change over a period of time in the value (monetary and non-monetary) of goods and services and the ability and capacity to produce goods and services.

ECONOMIC GROWTH, SOURCES: Our economy achieves economic growth with increases in the quantity or quality of resources. The quantity part is relatively simple. If we get more resources, then we have the ability to produce more output.

Economic growth: The increase in a country's output of goods and services, i.e. a larger GNP, during a period of time. When economic growth exceeds population growth, the country's living standards should rise.

Economic growth objective The purpose of the economic growth objective is to promote particular activities, entities, or industries, or to compensate for imperfections in the market mechanism. Economic income ...

Economic Growth The rate of change in output from the current year to the next year.

Economic growth rate The annual percentage rate of change in the Gross National Product. Economic income ...

Economic growth has generally reduced inequality within a country. This has been partly as a result of redistributive tax and benefits systems, which have become so significant that they may now be causing slower growth in some countries.

Economic growth Increases in per capita real GDP measured by its rate of change per year. Economic policy Government devised actions aimed at achieving socio-economic goals.

Economic Growth An increase in the nation's capacity to produce goods and services.

Economic growth in the last half-century has been relatively strong. Life expectancy has almost doubled in the developing world since the postwar years and is starting to close the gap on the developed world where the improvement has been smaller.

economic growth: Paraphrasing directly from Mokyr, 1990: Economic growth has four basic causes: 1) Investment, meaning increases in the capital stock (Solovian growth) 2) Increases in trade (Smithian growth) 3) Size or scale effects, e.g.

See: Economic Growth Rate; Federal Reserve Board; Money Supply Venture Capital ...

See: Economic Growth Rate; Economic Indicators Dow Theory Market theory whereby a major stock market trend must be corroborated by a similar movement in the Dow Jones Industrial Average and the Dow Jones Transportation Average.

Discussing the Economic Growth and Tax Relief Reconciliation Act of 2001. Did you know that the act sunsets in 2010 - bringing the estate tax back with a whopping 55% top rate?

At times of high economic growth, value stocks lose their appeal to investors. This was evident in the late 1990's when investors were putting their money into Internet stocks. Discuss It! Most Popular Articles ...

A period of slow economic growth and high unemployment with rising prices (inflation). Staggered board of directors ...

1 Pursuant to the Economic Growth and Tax Relief Reconciliation Act of 2001 ("EGTRRA"), qualified distributions from a 529 College Savings Plan are federal income tax free. The provisions of EGTRRA will expire on December 31, 2010.

Import substitution development strategy A development strategy followed by many Latin American countries and other LDCs that emphasize import substitution-accomplished through protectionism-as the route to economic growth.

Stagflation A period of slow economic growth and high unemployment with rising prices (inflation). Staggered board of directors Occurs when a portion of directors are elected periodically, instead of all at once.

accommodative monetary policy Central bank policy that strives to stimulate economic growth by increasing... account Financial relationship between two parties involving a transfer of funds, and...

Economic growth The increase over time in the capacity of an economy to produce goods and services and (ideally) to improve the well-being of its citizens. Economic indicator ...

s that emphasized import substitution - accomplished through protectionism - as the route to economic growth.

Deferred Profit Sharing Plan - DPSP Defined-Benefit Plan Defined-Contribution Plan Department of Labor - DOL Direct Rollover Disclaimer Trust Disclosure Statement Distribution Diversification Donor Advised Fund Early Withdrawal Economic Growth And ...

Mature economy The economy of a nation with a stable population and slowing economic growth. Matured noninterest-bearing debt Outstanding savings bonds and notes that have reached final maturity and no longer earn interest.

Generalized System of Preferences (GSP) A program of tariff preferences for designed to encourage the economic growth of certain developing countries.

Taking the second question first, it should be noted that many of the earliest theories about what causes economic growth were largely cultural in nature.

financial institution designed to regulate and control the money supply of a nation, with the goal of fostering economic growth without inflation.

Some organizations become self-absorbed during periods of economic growth, and suddenly change the culture to customer-centric dedication only when panic arises from declining business conditions.

Post Conflict Assistance Assistance given by the World Bank to debtor nations facilitating the transaction from dependence on debt relief to sustainable economic growth. It is administered by the Bank's Post-Conflict Unit.

One of the most common methods of measuring economic growth is by calculating the gross national product of a country. Gross national product (GNP) is the value of goods and services produced by an economy's factors in a given period of time (e.g.

The heads of state or government of the leading industrial democracies who have met annually since 1975 to coordinate economic policies to achieve sustained economic growth with price stability, to foster stability in exchange markets, ...

There really can be too much of a good thing when it comes to economic growth, and the concept of demand-pull inflation bears that out.

The critique from ecological economics was even more fundamental, claiming that most means of measuring well-being indicated that the developed nations were in a state of "uneconomic growth" through the 1980s and 1990s, ...

A school of thought within the economics profession emphasizing that the main source of a country's economic growth is constant improvement in the efficiency with which resources are allocated for production.

Growth or economic growth may refer to either measure. For example, Canada's GDP increased from $776.3 billion in 1995 to $797.8 billion in 1996. That is an increase of 2.8 per cent -- the nominal rate of growth for 1996.

A forum established as a vehicle for multilateral cooperation among the market-oriented economies of the region to better manage their growing interdependence and sustain economic growth.

The APDF seeks to accelerate development of productive enterprises sponsored by private African entrepreneurs as a means of generating self-sustained economic growth and productive employment in Sub-Saharan Africa.

Russia has maintained a near double-digit economic growth rate over the past eight years as its population has become more consumer-friendly.

Economic Growth An increase in the level of production of goods and services by a country over a certain period of time. In most countries growth data are a...(Read more) Economic Value Added ...

For example, if economic growth in the first quarter (three months) of a year were one per cent, the annualized rate would be about four per cent.

A macroeconomic strategy focusing on expansion of the export sector --such as through export subsidies or competitive devaluation --as a way of boosting economic growth while avoiding the inflationary consequences of higher domestic spending.

Real Economic Growth Rate Real Estate Real estate agency Real estate appraisal Real estate broker Real Estate Investment Trust Real Estate Investment Trust - REIT Real Estate Limited Partnership Real Estate Mortgage Investment Conduit ...

Based on its findings, the FOMC determines whether to change interest rates or alter credit policies to curb or stimulate economic growth. It may, for instance, raise the interest rate that the Federal Reserve charges member banks to borrow money.

Keynesian Economics - An economic theory stating that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.

A statistic that indicates current economic growth and stability issued by the government or a non-government institution (i.e. Gross Domestic Product (GDP), Employment Rates, Trade Deficits, Industrial Production, and Business Inventories). ECU ...

Moderate inflation typically accompanies economic growth. But the US Federal Reserve Bank and central banks in other nations try to keep inflation in check by decreasing the money supply, making it more difficult to borrow and thus slowing expansion.

A crash can occur when economic growth slows down abruptly or if the market is in technically poor condition due to excessive prices caused by speculation.

A predictable long-term pattern of alternating periods of economic growth (recovery) and decline (recession), characterized by changing employment, industrial productivity, and interest rates. also called economic cycle.

That phase in the business cycle in which the pace of economic growth slows. Real GDP falls for two consecutive quarters (six months to recorded as a recession. Redeemable: ...

Moderate inflation is a result of economic growth. Hyperinflation (rising at rates of 100% or more annually) causes people to lose confidence in their economy and put their money in hard assets such as gold and real estate.

An executive department which encourages and promotes the United States' economic growth, international trade, and technological advancement. United States Department Of Defense ...

Business Cycle A predictable long-term pattern of alternating periods of economic growth and decline. The cycle passes through four stages: expansion, peak, contraction, and trough.

The comptroller ensures bank integrity, fosters economic growth, promotes competition among banks, and guarantees that people have access to adequate financial services.

Economic observers follow the index because when consumer attitudes are positive they are more likely to spend money, contributing to the very economic growth they anticipate.

An economic theory of British economist, John Maynard Keynes that active government intervention is necessary to ensure economic growth and stability. KG The two-character ISO 3166 country code for KYRGYZSTAN.

Rollover The transfer of funds to and from IRAs and other plans, particularly post-Economic Growth & Tax Relief Reconciliation Act of 2002.

STAGFLATION An economic condition under which slow economic growth, high unemployment (stagnation) and rising prices (inflation) exist at the same time.

See also: Growth, Market, Invest, Rates, Interest