This paper investigates a relationship between foreign direct investment (FDI) inflows, exchange rate, and economic growth of a developing country, and their effects on major economic activities in the nation. This paper examines macroeconomic activity variables of gross domestic product, fixed capital investment, employment ratio, retail trade turnover, industrial production, FDI inflows, and dollar exchange rate as a control variable. The macroeconomic activity statistics often calendar years (1997-2006) of Kazakhstan were analyzed by using a multivariate regression model with weighted least squares estimates. The results indicate that FDI has a minimum or not a statistically significant impact on GDP growth of Kazakhstan. The paper argues that a resource-seeking FDI has a minimal eff...
INTRODUCTION. Porter (1990a) proposed the national competitiveness "diamond" model and applied this m...
Welcome to "The Hangover," Cairo edition. The widespread grass- roots protests that broke out in Egypt this spring succeeded in accomplishing what many skeptics doubted they could: ousting long- serving strongman Hosni Mubarak and ending his 30-year authoritarian rule. But now, some four months on, Egypt's revolution is obviously on the skids. The problems start with Egypt's economy. Under Mr. Mubarak, Egypt's economic fortunes were comparatively rosy, with the national gross domestic product growing an average of nearly 6 percent annually over the past three years. Today, by contrast, they are anything but rosy. Since Mr. Mubarak's ouster in February, the Egyptian stock exchange has lost nearly a quarter of its value, prompting its chairman, Mohamed Abdel Salam, to embark upon a franti...
... in Egypt have taken to targeting the country's small Shiite community. All of this led the U.S....
One of Dictionary.com's definitions of blackmail is "to extort money from (a person) by use of threats." Substitute "taxpayers" for "person" and you have what the White House and congressional Democrats are doing with the debt ceiling. In case you weren't paying attention (and too few are) the United States officially reached the debt ceiling on Monday. Treasury Secretary Tim ("I forgot to pay my taxes") Geithner informed Congress of difficult decisions he was forced to make to keep the country solvent, which is a joke. How can a country be considered solvent when just the interest on the debt amounts to more than the entire gross national product of many countries?
..., through changes in the volume of food production, water supply, natural resources, population migra... of the parasite in the mosquito (National Research Council, 2001). Both vector (i.e., female... the longterm, impede economic growth of a country. The aim of this study is to review studies relate... the same time, his/her contribution to the Gross Domestic Product (GDP) is lost to the country. In ...
ONE OF dictionary.com's definitions of blackmail is "to extort money from (a person) by use of threats." Substitute "taxpayers" for "person," and you have what the White House and congressional Democrats are doing with the debt ceiling. In case you weren't paying attention (and too few are) the U.S. officially reached the debt ceiling recently. Treasury Secretary Tim ("I forgot to pay my taxes") Geithner informed Congress of difficult decisions he was forced to make to keep the country solvent, which is a joke. How can a country be considered solvent when just the interest on the debt amounts to more than the entire gross national product of many countries?
One of Dictionary.com's definitions of blackmail is "to extort money from (a person) by use of threats." Substitute "taxpayers" for "person" and you have what the White House and congressional Democrats are doing with the debt ceiling. In case you weren't paying attention (and too few are), the United States officially reached the debt ceiling on Monday, May 16. Treasury Secretary Tim ("I forgot to pay my taxes") Geithner informed Congress of difficult decisions he was forced to make to keep the country solvent, which is a joke. How can a country be considered solvent when just the interest on the debt amounts to more than the entire gross national product of many countries?
BRASILIA, Brazil, June 8 /PRNewswire/ -- The Brazilian federal government announced today that its first quarter of the Gross Domestic Product (GDP) in 2010 grew 2.7 percent compared to the last quarter of 2009. According to data released today by the Brazilian Institute of Geography and Statistics (IBGE), national production of goods and services amounted to R$ 826 billion, or US$ 444 billion. These results confirm that the economy has recovered from the international financial crisis. The economy achieved its strongest growth in more than 15 years, with 9 percent quarter-on-quarter growth, comparing the first quarter of 2010 with the same period in 2009. Until recently, Brazil's economy was only expected to grow slightly in 2010. For the second quarter of 2010 there are already indic...
... is the main reason why multi-country currency unions are and will become more and more ... with about 305 million; while the American gross domestic product per capita is thereabouts one and.... On the other hand, US dollar is the national currency of the United States. US dollars are also...
... the commons because several independent national governments have made use of the European Central ... private-property rights in money production and a monopolist producer of fiat money, the benef... and incomes increase in the deficit country, the new money flows abroad, where the effect on p...'s deficit should not exceed 3 percent of gross domestic product (GDP) and that total government d...
America is a poorer country under President Obama. Since last year, the ranks of America's least well off grew by 2.5 million, according to the government definition of poverty, which includes a family with income of less than $22,314 a year or an individual making less than $11,139. One-sixth of the country, 46.2 million, met this standard, according to figures released Tuesday. That's the highest total since the Census Bureau began keeping track a half- century ago. The blame lies squarely on Mr. Obama's policies, which have strangled the productive sector. The economy is moving, but barely so. Gross domestic product edged forward at a dismal 1 percent rate in the second quarter. Financial experts have been busy revising forecasts downward, with the National Association of Business Ec...
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