Nias

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Nias

(nē`äs), volcanic island (1990 pop. 588,543), 1,842 sq mi (4,771 sq km), Indonesia, in the Indian Ocean, off Sumatra. Most of the population are descended from the Niah people; their economy is largely agricultural. The chief town is Gunungsitoli. Native handicraft is highly developed; megalithic shrines dot the land. The Dutch began trading there in 1669. The island is subject to severe earthquakes, that of Mar., 2005, being the most recent and especially devastating, killing more than 700 there and on neighboring islands.

Nias

 

an island in the Indian Ocean, west of Sumatra, that belongs to Indonesia. Area, more than 4,000 sq km. Hills and low mountains of volcanic origin with elevations to 886 m predominate. Equatorial evergreen rain forests grow on lateritic soils. There are mangrove thickets along the seashores and marshes in the north and east. Rice is grown, and there are plantations of coconut and sago palm and nutmeg. There is fishing. Gunungsitoli is the main port.

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Besly has also tried to measure the levels of NIER aroundthe base.
The investment-to-GDP ratio will increase in 2014, and the NIER expects that it will then rise further and move above 20 per cent for a few years to build up stocks of real capital.
At the end of 2007 NIER expects the unemployment rate to be 5.
The NIER estimates that investment will be around 20 per cent of GDP in the long run.
The government has announced unfunded reforms of SEK 25 billion this year, and the NIER estimates further unfunded reforms of SEK 25 billion next year, just over half of this in the form of tax reductions for households and the remainder as increases in expenditure.
Relative to the June 2013 forecast, the NIER has revised down its forecast for potential productivity in industry in 2013-2017.
24) The annual forecast evaluations by the Riksbank, the government and the NIER look at full-year forecasts for the current year and following year.
Sources: National Mediation Office, Statistics Sweden and NIER.
The NIER does not share this view, nor do most other analysts, who foresee a lower inflation rate in 2014 and 2015.
All factors considered, the NIER assumes that the Riksbank will leave the repo rate unchanged through the second quarter of 2015, when a period of interest rate increases will begin.
To prepare forecasts of the actual development in the longer term, the NIER makes assessments of the potential levels of output and employment.