Sustaining profitability through efficient capital management The year 2010 marked an improvement in the economic sentiments of the country with the Gross Domestic Product (GDP) growing by 7.2%. However, the average economic profit (EP) over invested capital (IC) or EP/IC of the Top 100 companies declined from 16.63% in 2010 to 14.47% in 2011.
LONDON, Nov. 7, 2011 /PRNewswire/ -- The average tax burden on mobile consumers is higher today than in 2007 according to a new global benchmark study undertaken by Deloitte for the GSMA. The benchmark of 111 countries found that the average increase in tax, as a proportion of mobile usage costs, rose by over one per cent from 16.9 in 2007 to 18.0 per cent today, and that taxation as a proportion of the total cost of mobile ownership (TCMO), increased from 17.4 per cent in 2007 to 18.1 per cent today. Some 63 countries levy mobile-specific taxation in addition to general sales taxes. In this period of fiscal consolidation it is paramount for governments to foster, not hinder, economic ," said Gabriel Solomon, the GSMA's Head of Regulatory Policy. "A healthy mobile industry is a p...
... mobile services are key enablers for a country's economic and social development and are a vital ...
WASHINGTON -- There was no coup attempt in Ecuador a few days ago. There was an ill-advised, violent protest by the police against a law that cuts their benefits. President Rafael Correa farcically presented himself as a victim of a premeditated attempt to overthrow his rule. The result will be a perfect opportunity to consolidate his semi-authoritarian regime. The background to the crisis is Correa's fiscal mess. The budget deficit -- amounting to almost 5 percent of the country's gross domestic product -- is a consequence of irresponsible policies by a president who is a member of Venezuelan Hugo Chavez's political coven. This includes a doubling of public spending, defaulting on more than $3.2 billion of foreign debt in 2008 and scaring off investment dollars with revolutionary hosti...
The recession is over. Or maybe not. is more art than science. Look to these Web sites to sort things out: *The Federal Reserve Bank of St. Louis organizes snapshots of the economy in charts that look by country, by indicators (employment, production, and the like), and by gross domestic product. Of the eight major economies it lists by country, it says only Australia remains in recession, based on the latest numbers: research.stlouisfed.org/economy/
Legislation backed by Sen. Joe Manchin, D-W.Va., will prove disastrous for middle-class Americans and states like West Virginia, critics say. Speaking in South Charleston on Tuesday morning, Manchin endorsed legislation to limit total federal spending to 20.6 percent of the country's annual Gross Domestic Product.
... fourth largest in the world as measured by gross domestic product (GDP). The country has bounced ba...
MOSCOW - Russian President Dmitry Medvedev said Sunday that Russia's economy was hit harder than expected by the global financial crisis, but Kremlin measures helped the country avoid the worst-case scenario. Russia's gross domestic product will drop by about 7.5 percent this year, compared with earlier forecasts of 3 to 3.5 percent, and industrial production fell by nearly 14 percent in the first half of 2009, Medvedev said.
... States is the third or fourth largest country by area and the third largest by population. With a gross domestic product (GDP) of over $13 trillion, the U...
This paper explores the relationship between economic freedom, political institutions, and conflict. We use a relatively new measure of peace that offers the unique advantage of capturing both internal and external conflicts, and we use a Freedom House measure of civil liberties for political liberties. According to our findings, countries with higher levels of economic freedom, other things equal, also have lower levels of external and internal conflict. In addition, we find a statistically significant relationship between the degree of civil liberty protection in a country and conflict. Our preliminary findings provide further evidence of the negative relationship between economic freedom and conflict (or positive relationship between economic freedom and peace).
... contribute to both international and domestic peace (Hall and Lawson, 2009). For example, the ab... Military Expenditure is the percentage of Gross Domestic Product (GDP) spent by a country on the m...
Cost savings and efficiencies to be gained through government e-Sourcing can provide benefits not only to individual entities that use them for the acquisition of goods and services, but in the aggregate, to the economy as a whole (Davies, 2002). This paper examines the potential impact of strategic implementation of e-Sourcing in public procurement in Southeast Asia, focusing on Indonesia and Malaysia as examples of the promise.
... buyers on a wide variety of products and services, with the ability to - on occasion pr...-profit environment, assuming a 20 percent gross profit margin, every $1 saved in procurement costs... surplus versus deficit) and Gross Domestic Product (GDP). As a matter of policy, reduction in... multiplier effects, which can increase a country's Gross Domestic Product. A common misconception i...
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