economic growth

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economic growth

growth in the GROSS NATIONAL PRODUCT (GNP). A distinction can be drawn between theories of economic growth (in ECONOMICS) which emphasize primarily economic variables, such as levels of saving and investment (e.g. the Harrod-Domar model) and those which are more sociological and take account of wider social as well as more narrowly economic factors (e.g. SCHUMPETER or ROSTOW).
References in periodicals archive ?
According to a report released in May by London-based IHS Markit, Taiwan's economic growth rate this year will be 2 percent, while the DGBAS earlier this year predicted an annual growth rate of 2.27 percent.
Planning Secretary Zafar Hasan chaired the 101th meeting of the NAC that endorsed the provisional economic growth rate figure on the basis of data received from the federal and provincial governments.
Croatia and Montenegro, on the other hand, are going to close 2019 with an economic growth rate of 2.8 percent.
But even at such an economic growth rate, there are still plenty of challenges.
In February, Minister of Planning Hala Al-Saeed said that Egypt's economic growth rate rose to 5.3% in the second quarter (Q2) of the current FY.
The minister said that the incumbent government has record a new history by presenting sixth tax-free budget 2018-19, adding that economic growth rate could be more than six per cent if the country would not have been destabilised by the enemy of development and political opponents.
ISLAMABAD -- Minister for Interior, and Planning and Development Ahsan Iqbal said the federal budget 2018-19 presented by Minister for Finance Miftah Ismail was a balanced one and it would help boosting the country's economic growth rate.
ISLAMABAD -- The Annual Plan 2018-19 approved by the National Economic Council (NEC) headed by the Prime Minister Shahid Khaqan Abbasi projected a 6.2 percent economic growth rate for the upcoming financial year (FY 2018-19).
Transport Minister Datuk Seri Liow Tiong Lai said this was proven when Malaysia's economic growth rate last year showed encouraging increase from the first to the third quarter of the year.
In 2018, Uzbekistan's economic growth rate will be 5.5-6 percent, reads a statement of the Central Bank of Uzbekistan on the main directions of monetary policy for 2018, published on Dec.29.
While its economic growth rate is expected to surpass 3 percent this year, however, the outlook is uncertain for next year due to discrepancy between exports and domestic demand.

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