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Author: Alan Greenspan
Publisher: Student Study Guides
ISBN: 9781643542522
Category :
Languages : en
Pages : 78
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Book Description
Since initiating market reforms in 1978, China has shifted from a centrally-planned to a more market-based economy and has experienced rapid economic and social development. GDP growth has averaged nearly 10 percent a year--the fastest sustained expansion by a major economy in history--and has lifted more than 800 million people out of poverty. China reached all the Millennium Development Goals (MDGs) by 2015 and made a major contribution to the achievement of the MDGs globally. Although China's GDP growth has gradually showed since 2012, it is still impressive by current global standards. With a population of 1.3 billion, China is the second largest economy and is increasingly playing an important and influential role in development and in the global economy. China has been the largest single contributor to world growth since the global financial crisis of 2008. Yet China remains a developing country (its per capita income is still a fraction of that in advanced countries) and its market reforms are incomplete. According to China's current poverty standard (per capita rural net income of RMB 2,300 per year in 2010 constant prices), there were 55 million poor in rural areas in 2015. Rapid economic ascendance has brought on many challenges as well, including high inequality; rapid urbanization; challenges to environmental sustainability; and external imbalances. China also faces demographic pressures related to an aging population and the internal migration of labor. Significant policy adjustments are required in order for China's growth to be sustainable. Experience shows that transitioning from middle-income to high-income status can be more difficult than moving up from low to middle income.
Author: Alan Greenspan
Publisher: Student Study Guides
ISBN: 9781643542522
Category :
Languages : en
Pages : 78
Get Book Here
Book Description
Since initiating market reforms in 1978, China has shifted from a centrally-planned to a more market-based economy and has experienced rapid economic and social development. GDP growth has averaged nearly 10 percent a year--the fastest sustained expansion by a major economy in history--and has lifted more than 800 million people out of poverty. China reached all the Millennium Development Goals (MDGs) by 2015 and made a major contribution to the achievement of the MDGs globally. Although China's GDP growth has gradually showed since 2012, it is still impressive by current global standards. With a population of 1.3 billion, China is the second largest economy and is increasingly playing an important and influential role in development and in the global economy. China has been the largest single contributor to world growth since the global financial crisis of 2008. Yet China remains a developing country (its per capita income is still a fraction of that in advanced countries) and its market reforms are incomplete. According to China's current poverty standard (per capita rural net income of RMB 2,300 per year in 2010 constant prices), there were 55 million poor in rural areas in 2015. Rapid economic ascendance has brought on many challenges as well, including high inequality; rapid urbanization; challenges to environmental sustainability; and external imbalances. China also faces demographic pressures related to an aging population and the internal migration of labor. Significant policy adjustments are required in order for China's growth to be sustainable. Experience shows that transitioning from middle-income to high-income status can be more difficult than moving up from low to middle income.
Author: Robert Kuttner
Publisher: Chelsea Green Publishing
ISBN: 1603580794
Category : Biography & Autobiography
Languages : en
Pages : 226
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Book Description
Invoking America's greatest leaders, Robert Kuttner explains how Obama must be a transformative president--or a failed one--a president who must succeed in fundamentally changing our economy, society, and democracy for the better.
Author:
Publisher: Council of Economic Advisers
ISBN: 9780160779183
Category : Business & Economics
Languages : en
Pages : 368
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Book Description
Author: Commission on Growth and Development
Publisher: World Bank Publications
ISBN: 0821374923
Category : Business & Economics
Languages : en
Pages : 198
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Book Description
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
Author: Adam Tooze
Publisher: Penguin
ISBN: 0525558802
Category : Business & Economics
Languages : en
Pages : 460
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Book Description
WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intelligent explanation of the mechanisms that produced the crisis and the response to it...One of the great strengths of Tooze's book is to demonstrate the deeply intertwined nature of the European and American financial systems."--The New York Times Book Review From the prizewinning economic historian and author of Shutdown and The Deluge, an eye-opening reinterpretation of the 2008 economic crisis (and its ten-year aftermath) as a global event that directly led to the shockwaves being felt around the world today. We live in a world where dramatic shifts in the domestic and global economy command the headlines, from rollbacks in US banking regulations to tariffs that may ignite international trade wars. But current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all—the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. With a historian’s eye for detail, connection, and consequence, Adam Tooze brings the story right up to today’s negotiations, actions, and threats—a much-needed perspective on a global catastrophe and its long-term consequences.
Author: Financial Crisis Inquiry Commission
Publisher: Cosimo, Inc.
ISBN: 1616405414
Category : Political Science
Languages : en
Pages : 692
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Book Description
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Author: United States. Congress. House. Committee on Government Operations. Government Information, Justice, and Agriculture Subcommittee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 96
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Book Description
Reports for 1984- include: The annual report of the Council of Economic Advisers.
Author: Jean-Paul Fitouss
Publisher: ReadHowYouWant.com
ISBN: 1459617797
Category : Business & Economics
Languages : en
Pages : 230
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Book Description
In February of 2008, amid the looming global financial crisis, President Nicolas Sarkozy of France asked Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen, along with the distinguished French economist Jean Paul Fitoussi, to establish a commission of leading economists to study whether Gross Domestic Product (GDP) - the most widely used measure of economic activity - is a reliable indicator of economic and social progress. The Commission was given the further task of laying out an agenda for developing better measures. Mismeasuring Our Lives is the result of this major intellectual effort, one with pressing relevance for anyone engaged in assessing how and whether our economy is serving the needs of our society. The authors offer a sweeping assessment of the limits of GDP as a measurement of the well-being of societies - considering, for example, how GDP overlooks economic inequality (with the result that most people can be worse off even though average income is increasing); and does not factor environmental impacts into economic decisions.In place of GDP, Mismeasuring Our Lives introduces a bold new array of concepts, from sustainable measures of economic welfare, to measures of savings and wealth, to a ''green GDP.'' At a time when policymakers worldwide are grappling with unprecedented global financial and environmental issues, here is an essential guide to measuring the things that matter.
Author:
Publisher: Cosimo, Inc.
ISBN: 1605206415
Category : Political Science
Languages : en
Pages : 422
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Book Description
This is the annual Economic Report of the President for 2009 originally issued by the Council of Economic Advisers to the President. Each year in February, the Council of Economic Advisers submits this report on its activities during the previous calendar year in accordance with the requirements of the Congress as set forth in section 10(d) of the Employment Act of 1946. The 2009 Economic Report of the President topics related to leading economic issues such as: [ A review of economic developments in 2008 as well as the forecast for the near-term outlook. [ Current annual financial goals concerning topics, including employment, production, real income and Federal budget outlays. [ Employment objectives for significant groups of the labor force. [ Annual financial goals and a program for carrying out program objectives. Supplemental reports included are: [ Economic Indicators - December 2008, Prepared for the Joint Economic Committee by the Council of Economic Advisers, and [ Immigration's Economic Impact - June 2007, Prepared by the Council of Economic Advisers.
Author: The President of the United States
Publisher: Cosimo, Inc.
ISBN: 1616402318
Category : Political Science
Languages : en
Pages : 464
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Book Description
The report elegantly reframes much of Mr. Obama's domestic agenda as microeconomic nudges in the direction of this overall macroeconomic rebalancing.-The EconomistBarack Obama took the Oval Office amidst an economic downturn deeper and more painful than any the United States has known in generations. How will the President direct the rescuing and rebuilding of the U.S. economy in the wake of the Great Recession? What are the long-term fiscal challenges the U.S. faces? How can we reform health care without breaking the bank? What precautions can we take to prevent another similar collapse from occurring again in the future?Each year, the Chair of the Council of Economic Advisers prepares a report presenting the Administration's domestic and international economic policies. The 2010 edition may be the most important such report in recent decades, as it lays out the blueprint for recovery that will impact all Americans, regardless of economic status. It is essential reading for anyone who wishes to understand the ongoing financial crisis and its potential solutions.
