Gross Domestic Product Essays


Democratization Of the Bahamas

the Bahamas and which help to provide a substantial source of revenue for the country's gross domestic product come from the U.S. and the U.K (Porter, 2013). The fact that both of these regions are democratic in nature certainly affects the number of tourists they have and the sort of business that takes place between them. One can infer that the U.S. and the U.K. would frequent the Bahamas as much as they do if the island was, say, communist. However, because it is a democratic nation and patterned after each of the more affluent parts of the world… Continue Reading...

Project Data

Gig (Growth in Giving) program endeavors to increase philanthropy's GDP ( gross domestic product) share. This initiative has assumed the shape of a large umbrella agency, in tandem with the development of the novel Gig Database (with its considerable research capacity). At present, over 6,000 nonprofits are now participating in the effort. Data/Variables An Excel-based, downloadable Fundraising Fitness Assessment has been developed by the FEP, enabling nonprofit entities' fundraising program measurement and evaluation against a collection of more than one hundred performance indicators based on 5 levels of donor giving (Tools - Fundraising Effectiveness Project). Additionally, the 7 Excel-based downloadable… Continue Reading...

Australian Economic Growth

the Australian economy is represented by the services sector, which signifies roughly 70% of the gross domestic product (GDP) (Thedora, 2016). One of the elements contributing to the Australian economic growth encompasses the increase in demand for raw materials from emerging nations. This in turn has given rise to a considerable rise in global commodity prices, and has had a largely significant role in the changing aspects of the Australian economy. Accompanied by higher terms of trade, which sparkled a considerable rise in the purchasing power of family units, the upsurge in commodity prices instigated a thriving in mining… Continue Reading...

Kuwait Case

citizens is proven by the development of major roads. In addition, with Kuwait having one of the highest gross domestic product (GDP) and the lowest fuel price and amount provides an idyllic chance for ownership of motorized vehicles for the citizens (Al-Bassam and Khan, 2004). With growth in the number of vehicles owned has come the increase in fuel consumption. However, these benefits have also given rise to some associated problems for the populations of Kuwait. For instance, the increase in the number of motor vehicles within the state has been a key source of urban air pollution, which… Continue Reading...

Maison Lanvin Company Analysis

and account for 2% of the world GDP ( gross domestic product). The sub-industries of the fashion industry are menswear, sportswear, and womenswear. The menswear markets valued $402 billion, however, womenswear valued $621 billion. Childrenswear market values were $186 billion while the sports footwear valued $90 billion and bridal wears worth $57 dollars. In France, the domestic market for the in fashion industry worth $43.3 billion. Similarly, the global luxury industry worth $1.2 trillion in 2015 with the growth of 14.5% between 2014 and 2015. Typically, the average turnover of a fashion company is $3.6 billion, and the trends… Continue Reading...

Islam and the Turkish State

Kemal. Oxford Encyclopedia of the Islamic World. Retrieved December 19, 2016 from http://www.oxfordislamicstudies.com/print/opr/t236/e0083 Turkstat (2014). gross domestic product by provinces, 2004-2014. Turkstat.gov. Retrieved December 19, 2016 from http://www.turkstat.gov.tr/Prehaberbultenleri.do?id=24920 Continue Reading...

Chinese Sport Venue and Market Values

the country has been able to improve the GDP ( gross domestic product) by conducting businesses with the United States, and other countries across the globe. Thus, the Chinese government should make a policy that will facilitate the participation of foreign sporting companies in the country to improve the country sporting industry. Reference Chamber of Commerce (2015). Sports & Sports Marketing. American Chamber of Commerce China. China Business (2014). Chinese customers' lack of loyalty puts pressure on brands. South China Morning Post. Collignon, H. Sultan, N. & Santandar, C. (2011). The Sports Market: Major Trends and Challenge in an Industry… Continue Reading...

Macroeconomics and Gas Stations

the rate at which the economy is growing. GDP is gross domestic product, which is the value of goods and services produced domestically. This includes consumer consumption, government spending, business investment and foreign inflows. The GDP does not include the value of American investment abroad. A growing GDP typically reflects a higher demand for fuel, and gasoline is one of the most predominant types of fuel used in the United States. For example, if the GDP is this city is growing, that will typically mean more people driving to work and more delivery drivers. The gas station will have… Continue Reading...

How to Grow the Economy

question on what happens with things like aggregate demand, gross domestic product and employment. While predicting the outcome of economic efforts and policy can sometimes be hard to pin down, there are best practices that are generally held to be better than others when economic expansion is the desired outcome. Analysis The typical reason for economic expansionary policies is when an economy is emerging out of a recession. A good and recent example of this was the years during and after the Great Recession. Indeed, that massive financial valley started in roughly 2007 and the recession did not "end"… Continue Reading...

Why 2017 May Be a Good Time to Buy Gold

occurs that Collum predicts in the wake of a massive market unwinding. Macroeconomic Indices GDP is the gross domestic product of a nation -- i.e., the market value of goods/services produced in the nation -- and a leading indicator of economic strength. Collum (2016) notes that while GDP in the U.S. has not shown any real measurement of considerable growth in the past 8 years, the real troubling ratio is the debt to GDP ratio, which is near 100% in the U.S. and near 300% in China. The world is being buried under a tsunami of debt and if interest rates… Continue Reading...

Key Concepts in Economics

of the United States is healthy. This is bound to have a positive impact on the gross domestic product (GDP) of the United States. In fact, it is projected that the GDP growth rate will increase to 2.1% in the 2017 fiscal year. This will be an improvement in comparison to the 1.9% projected rate of 2016 (The Balance, 2017). Conclusion I agree with the points elucidated by Schwartz (2016) in the economic article. In 2009, the United States economy experienced the highest rate of unemployment as it hit the 10% mark. The economic improvement can be perceived in… Continue Reading...

The Black Wall Street

a closed and prosperous economy. All the money spent in that area was reinvested. GDP refers to gross domestic product and is a measure of citizens' well-being. Although this applies to the national population, it can be placed in a local population. The GDP of the people in Greenwood Avenue in Tulsa was high. Many of the people in the town were at least middle class, with a decent segment reaching upper class level. Doctors and business owners were well-off and lived comfortably amidst economic turmoil in other areas of Tulsa and in general, the United States. The next domain… Continue Reading...

Economy and U.s. Health Care

to 2009 estimates (Tuller, 2017). The above phenomenon constituted a gross domestic product increase of 3.8 percentage points (pps.), committed to America’s healthcare sector. In Tuller’s (2017) opinion, the healthcare structure is a “hidden thief” that may be held accountable for no appreciable rise in the wages of the average worker. Kellerman and Auerbach (2017) contend that swiftly growing healthcare expenditure may end up harming the nation’s economy by bringing about employment and GDP declines and a growth in inflation. Greater national expenditure adversely impacts economic development, to a considerable extent. Rise in workforce health insurance premiums has deterred investors… Continue Reading...

Intelligent Information Systems for Cars and Highways

accidents is also alarming, at roughly US$1 trillion, nearly 3 percent of the world’s gross domestic product (GDP) (Hubaux, Capkin & Luo, 2014). In addition to promoting safety and reducing the costs associated with accidents, smart technologies can also cut down costs associated with road and traffic management, infrastructure, urban planning, and development. Building new highways is not always feasible or cost-effective. To account for urban growth around the world, smart technologies enable efficient traffic management that can supplant the need for building new roads, making IVHS ideal for promoting safety, environmental sustainability, and cost savings too (Collier and… Continue Reading...

The U.s Economy and Health Care

to some economists, swiftly increasing healthcare expenditure increases inflation but decreases overall employment and gross domestic product (GDP). Healthcare expenditure impacts on rate of interest and the comparative effect on industry-wide economic performance is reliant on funding source for federal healthcare expenditure. The findings of a research that relied on econometric models suggested that deficit funding had a disproportionate adverse impact on the capital goods and export sector; further, payroll tax funding had a disproportionate negative impact on the consumer service sector (Folland et al., 2016). But one must bear in mind the fact that certain economists deem healthcare… Continue Reading...

Macroeconomic Indicators

obtain the credit to do so, and buy a home. Other factors to consider include Real gross domestic product (GDP) and Real Personal Consumption Expenditures (PCE). Real PCE has essentially stayed the same over the last 10 years (between .68 and .69), indicating that the FED’s unconventional monetary policy has not worked to kick-start the economy in any meaningful way. And while Real GDP has risen from 14938 in 2007 to 17163 in 2017, the measures of Real GDP may not be as effective in determining economic health as the FED might have the public believe, especially when one considers… Continue Reading...

Coca Cola Analysis

labor laws, environment policy, FDA certification, etc.; Economic factors: gross domestic product, interest rates, forex rates, disposable income, retail price index, demand and supply conditions, and unemployment rates; Social factors: trends, practices, traditions, wants, population, educational qualifications, aspirations, income distribution, corruption, customer awareness and education, standard of living, religious values, and family structure; and technological factors. Introduction Key Facts Name: The Coca-Cola Company Industries served: Beverage (more than 600 brands) Geographic areas served: Worldwide (more than 200 countries) Headquarters: Atlanta, Georgia, United States Current CEO: James Quincey Revenue (US$): 41.863 billion (2016) 5.5% decrease over 44.294 billion (2015) Profit… Continue Reading...

Clipboard Tablet Co Marketing and R&d Analysis

impacting the company: trade restrictions, tax policy, labor laws, environment policy, FDA certification, etc.; Economic factors: gross domestic product, interest rates, forex rates, disposable income, retail price index, demand and supply conditions, and unemployment rates; Social factors: trends, practices, traditions, wants, population, educational qualifications, aspirations, income distribution, corruption, customer awareness and education, standard of living, religious values, and family structure; and technological factors. Introduction Key Facts Name: The Coca-Cola Company Industries served: Beverage (more than 600 brands) Geographic areas served: Worldwide (more than 200 countries) Headquarters: Atlanta, Georgia, United States Current CEO: James Quincey Revenue (US$): 41.863 billion (2016)… Continue Reading...

Immigration in the United Kingdom

in filling gaps within the labour market. This facilitates an increase in the gross domestic product of the nation (Wadsworth, 2014). Negative Impacts of Immigration Displacement in the Labour Market In general, there is very minimal proof that migration has given rise to major dislodgment of UK natives from the labour market especially in times when the nation’s economy has been strong. Nonetheless, according to Home Report (2014), in recent years when the nation has faced economic recession, there is proof of labour market displacement of UK natives. In accordance to Reed (2009), immigrants negatively impact UK born individuals… Continue Reading...

Steps Of Economic Growth in Usa China and Germany

target of quadrupling its GDP by the year 2020 and also doubling its per capita gross domestic product. An extensive market economy system plus some decrease in government function has been apparent ever since 1978. The authorities encourage a combined economic framework that has started out from a socialist, centrally designed economic system to a socialist market financial system, or a “market economic system together with socialist features.” The rapid manufacturing growth has been accomplished by escalating technological developments, massive international investment as well as efficiency growth. Chinese authorities note two main tendencies that produce an impact on China’s… Continue Reading...

Globalization Essay

in another, you’ll see that India and China had the bulk (50%) of the gross domestic product and the G7 nations had under 10% of it (Baldwin, 2018). This was expected as in those days, nearly everyone depended on an agrarian economy and India and China had the majority of the world’s people so it made sense that they had the bulk of the GDP. “Starting around the 1820s—the decade economists Kevin H. O’Rourke of Oxford and Jeffrey G. Williamson of Harvard have pegged as the start of modern globalization—the G7 share starts to swell. Over the course of… Continue Reading...

Foreign Business Environment Of Columbia

and political reforms, has worked wonders for the nation. Colombia now boasts a 5% gross domestic product (GDP) growth (averagely) and has successfully created almost 2.5 million jobs in the last 4 years. The country’s investment attractiveness has reached never-before-seen levels with technology giants such as Microsoft, Google, and Facebook considering Colombia a lucrative option to open their innovation centers targeting the development of applications for the lower income population groups (Villegas, 2014). B. Do you feel that the Colombian economy today is sufficiently robust to support the growth of the clothing manufacturing industry and your company’s entry into… Continue Reading...

Bangladeshi Economy in the Post Partition Era

Bangladeshi Economy Bangladesh’s per capita gross domestic product (GDP) for the year 2016 was 1029.60 US dollars, equal to 8% of the global average, a never-before-recorded high. Between 1960 and 2016, the average per capita GDP of the nation was 487.18 USD. Its record low figure for GDP was recorded in the year 1972 (317.70 USD). The above figures may be compared against US and Japanese trends (Trade Economics, 2018). The United States’ per capita GDP for the year 2016 was 52194.90 US dollars, equal to 413% of the global average, an unprecedented… Continue Reading...

Economic Outlook Of the Us Economy

adjusted annual rates in the fourth quarter of 2017, the gross domestic product growth rate is expected to increase moderately in the first quarter of 2018. As shown in these indicators and based on recent macroeconomic conditions, GDP growth rate in the first quarter of this year is expected to be approximately 2.8%. Additionally, GDP growth rate will continue to increase moderately in the second half of the year to exceed 3.0%. In light of the increase in Consumer Price Index in the fourth quarter of 2017, inflation rates in the United States are expected to grow by 2.1%… Continue Reading...

Lending Institutions Human Capital and Health Care

of time, resources and labor force. The inference of this is that this will result in increased gross domestic product (GDP), which implies increased economic growth for the nation. 3. Increased emphasis on education development and poverty elimination Another practical way in which a healthy workforce aids in the development of an economy is that it enables the nation to develop financially and economically through the objective of educating the population and eliminating poverty. If the citizens are healthy and have proper welfare, they are progressively more approachable and open to educational and developmental change that the Indian government… Continue Reading...

Chief Executive Officer Ceo Of Durango Manufacturing Company

From an economic standpoint, it is projected that the gross domestic product (GDP) of the nation will increase steadily over the next five years. This implies that the economic condition is suitable for the business to grow and thrive. In the same manner, it is projected that there will be a greater level of exportation and the inference of this is that the market will be prime for Durango Manufacturing Company to export its products and therefore generate greater revenues. This will facilitate the company to realize its objective of 10 percent growth in revenue. With respect to the… Continue Reading...

Gender Status Impact Access to Social Political and Economic Resources

societal well-being, they aren’t taken into consideration in GDP ( gross domestic product) calculations and labor force surveys. This care economy has been projected to possibly amount to 10-39% of GDP. Domestic care initiatives have been developed in certain settings where demands aren’t adequately met by public health service entities (Fitriani, 4). Thus, policies must recognize and deal with this care economy, rendering support to unpaid as well as paid care providers to make sure they are able to enjoy economic security and social rights. Considering female prevalence within this sector, these policies may aid in increasing females’ social and… Continue Reading...