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 ?
The International Monetary Fund (IMF) raised its forecast for China's GDP growth from 6.
A previous presidential statement said the rate of GDP growth had reached 4.
The government had set the GDP growth target for 2017 at 6.
The Union minister told lawmakers GDP growth was forecast to hit 6.
By the third quarter, the GDP growth jumped sharply by 7.
Saudi Arabia's real GDP growth is expected to be close to zero (0.
In line with the strong first half performance, the zone's GDP growth is forecast to be 1.
These findings show that residual seasonality in GDP growth continues to be a problem, and business economists and policymakers should take it into account when assessing the health of the economy.
The paper by the BOJ staff estimates the breakdown of income-side GDP using taxation data, and points to the possibility that the real GDP growth rate for fiscal 2014 may have been 2.
If one reviews trade growth and GDP growth figures over time, it is normal to see them grow in tandem in all good economies.
The loans have to have an effect on the GDP growth rate and the creation of new values, says Professor Tome Nenovski.
A Statistical Service flash estimate publishedon Fridayregistered an annual GDP growth in the second quarter of 2015 of 1.