Archive for category Economic Growth
Internationally, the U.S. economy is considered the most powerful and most important, according to current economic indicators and economic growth in 2011. The U.S. economy is highly based on the economic behavior in the marketplace where businesses and individuals make decisions. There are a few key economic indicators that can predict the future of a particular economy. Are important economic indicators, inflation, gross domestic product (GDP), employment and unemployment, etc.
These indicators should be to achieve the main objective set by the Federal Reserve, the calculation of the monetary policy objectives of economic growth. Current economic indicators and economic growth in 2011 to provide for economic growth in the near future. When the recession began, the economic indicator has turned negative. This was a sure sign of an economic collapse. Therefore, the economic well-being greatly affect the current economic indicators. Read the rest of this entry »
Singapore’s economic growth in the period 1960-1980 was accompanied by a structural transformation of the economy. There was a significant increase in the proportion of the production, transport and communication services, finance and business in the GDP at the expense of commerce (especially entrepot trade).
To reallocate resources to tertiary and primary production is the second sector. Diversify the economic base has changed the city-state of dependence of its manufacturing sector and its own role as an international financial center and business services, communications and transportation center.
The increasing sophistication of its economy was to achieve continuous improvement and restructuring. Structural changes in the economy is also reflected in the rising costs of expenditures gross domestic product, gross national savings also increased. They represented an increasing share of total investments. An important part of international companies which are for the economy of Singapore, the signs of another big change. Read the rest of this entry »