Russia cannot expect large rise in GDP growth rates

2017 ◽  
Keyword(s):  
Growth Rates ◽  
Gdp Growth ◽  
Content Type

Headline RUSSIA: Moscow will not see GDP growth rates rise fast

Colombia’s infrastructure expansion faces major delays

2017 ◽  
Keyword(s):  
Growth Rates ◽  
Infrastructure Investment ◽  
Gdp Growth ◽  
Election Campaign ◽  
Infrastructure Projects ◽  
Caribbean Coast ◽  
Content Type ◽  
Investment Opportunities ◽  
The Caribbean ◽  
New Infrastructure

Significance The claims follow the ANI’s announcement on February 22 that it would cancel the contract of an Odebrecht-led consortium to build the Ruta del Sol 2 highway, linking central Colombia to the Caribbean coast. Impacts The risk of potentially intrusive investigations will remain high for firms with commercial or contractual links to Odebrecht. Delays in completion of infrastructure projects could bring Colombia’s GDP growth rates for 2017 below the current forecasts of 2.7%. Later in the year, new infrastructure investment opportunities will open as corruptly awarded contracts are resubmitted for tender. Allegations that Santos’s 2014 election campaign received Odebrecht funding could harm his Party of the U in the 2018 election.

Growth may accelerate under new Slovak government

2016 ◽  
Keyword(s):  
Growth Rates ◽  
Prime Minister ◽  
Government Expenditure ◽  
Political Risk ◽  
Gdp Growth ◽  
Short Term ◽  
Content Type ◽  
Investment Grade ◽  
New Education ◽  
Health Teachers

Significance The governing coalition has a comfortable parliamentary majority, but faces gathering concerns over Prime Minister Robert Fico's health, teachers' protests over wages and opposition calls to dismiss the new education minister. Impacts Short-term fiscal deterioration is expected in 2016-18 (the deficit is likely to remain elevated), as government expenditure rises. Nevertheless, Slovakia's investment grade is expected to remain solid. This is due to strong levels of FDI in autos, with local businesses making use of EU funds and subsidies for new investments. Political risk will diminish in line with higher GDP growth rates and lower rates of unemployment. This will be particularly so after 2017 once government measures have fed through to the economy.

Changes of base-year and Indian GDP growth: an agnostic look

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Manisha Chakrabarty ◽  
Partha Ray
Keyword(s):  
Growth Rates ◽  
Fixed Time ◽  
Gdp Growth ◽  
Annual Data ◽  
True Nature ◽  
Content Type ◽  
Growth Series ◽  
Time Period ◽  
Data Generating Process ◽  
A Chain

Purpose World over, change of base year in the gross domestic product (GDP) is a standard practice of GDP estimation. However, unless a consistent series of GDP is released with respect to the new base for the earlier period, the existence of multiple growth rates creates problems for applied researchers, policymakers and the general public alike. Faced with such a menu of GDP series researchers often try to interpolate a consistent series of GDP. The main purpose of this paper is to analyses the nature of the data generating process of such multiple interpolated series of quarterly growth rates and tries to discern the consistency of such processes. Design/methodology/approach The present paper tries to look into the statistical implications and complications of such interpolated quarterly GDP/growth series in India in terms of three series of GDP, namely, with 1999–2000, 2004–2005 and 2011–2012 as its bases. Findings The analysis reveals that as a result of a change of base year, the nature of the data generating process of the old and new GDP series could undergo changes and experience different breakpoints. While all these conclusions seem to be valid for GDP growth at quarterly intervals, taking the data at annual frequency is less problematic. Practical implications The observation suggests that in most applied work, researchers may not have the luxury of only working with annual data and certain consistency checks will be necessary to check the veracity of the results based on quarterly data with those based on annual data. Second, moving forward it may be useful for the Authorities to make a transition to a chain-based linking method rather than fixed time-period-based bases as is currently done. Originality/value The analysis of Indian GDP in this paper is, perhaps, indicative of the fact that usage of quarterly GDP data is to be handled with caution and it is preferable that any serious empirical analysis uses annual GDP data whenever it is available/feasible. The comparison of GDP growth rates at different frequencies and examining the true nature of the process are quite unique in their contribution towards empirical macroeconomic research.

Impacts of Paris Agreement on Russian economy

2018 ◽  
pp. 76-94 ◽  
Author(s):  
I. A. Makarov ◽  
C. Henry ◽  
V. P. Sergey
Keyword(s):  
Climate Change ◽  
Economic Policy ◽  
Growth Rates ◽  
Paris Agreement ◽  
Gdp Growth ◽  
Russian Economy ◽  
Climate Policies

The paper applies multiregional CGE Economic Policy Projection and Analysis (EPPA) model to analyze major risks the Paris Agreement on climate change adopted in 2015 brings to Russia. The authors come to the conclusion that if parties of the Agreement meet their targets that were set for 2030 it may lead to the decrease of average annual GDP growth rates by 0.2-0.3 p. p. Stricter climate policies beyond this year would bring GDP growth rates reduction in2035-2050 by additional 0.5 p. p. If Russia doesn’t ratify Paris Agreement, these losses may increase. In order to mitigate these risks, diversification of Russian economy is required.

Economic Growth and Macro Variables in India: An Empirical Study

2015 ◽  
pp. 42-59
Author(s):  
Saba Ismail ◽  
Shahid Ahmed
Keyword(s):  
Economic Growth ◽  
Growth Rates ◽  
Trade Openness ◽  
Capital Formation ◽  
Gdp Growth ◽  
Fdi Inflows ◽  
Domestic Capital ◽  
The Government ◽  
Macro Variables ◽  
Determinants Of Economic Growth

The research objective of this paper is to explore the empirical linkages between economic growth and foreign direct investment (FDI), gross fixed capital formation (GFCF) and trade openness in India (TOP) over the period 1980 to 2013. The study reveals a positive relationship between economic growth and FDI, GFCF and TOP. This study establishes a strong unidirectional causal flow from changes in FDI, trade openness and capital formation to the economic growth rates of India. The impulse response function traces the positive influence of these macro variables on the GDP growth rates of India. The study also reveals that the volatility of GDP growth rates in India is mainly attributed to the variation in the level of GFCF and FDI. The study concludes that the FDI inflows and the size of capital formation are the main determinants of economic growth. In view of this, it is expected that the government of India should provide more policy focus on promoting FDI inflows and domestic capital formations to increase its economic growth in the long-term.

scholarly journals Examining GDP Growth and Its Volatility: An Episodic Approach

Entropy ◽  
2021 ◽  
Vol 23 (7) ◽  
pp. 890
Author(s):  
Jakub Bartak ◽  
Łukasz Jabłoński ◽  
Agnieszka Jastrzębska
Keyword(s):  
Economic Growth ◽  
Genetic Algorithm ◽  
Time Series ◽  
Human Capital ◽  
Growth Rates ◽  
Structural Breaks ◽  
Negative Relationship ◽  
Gdp Per Capita ◽  
Gdp Growth ◽  
Per Capita

In this paper, we study economic growth and its volatility from an episodic perspective. We first demonstrate the ability of the genetic algorithm to detect shifts in the volatility and levels of a given time series. Having shown that it works well, we then use it to detect structural breaks that segment the GDP per capita time series into episodes characterized by different means and volatility of growth rates. We further investigate whether a volatile economy is likely to grow more slowly and analyze the determinants of high/low growth with high/low volatility patterns. The main results indicate a negative relationship between volatility and growth. Moreover, the results suggest that international trade simultaneously promotes growth and increases volatility, human capital promotes growth and stability, and financial development reduces volatility and negatively correlates with growth.

Vietnam will quicken pace of vaccine roll-out

2021 ◽  
Keyword(s):  
Supply Chains ◽  
Vaccination Coverage ◽  
Gdp Growth ◽  
Content Type ◽  
The Uk ◽  
Roll Out

Significance Meanwhile, its programme to vaccinate the population against the coronavirus is proceeding slowly: fewer than 160,000 of its roughly 98 million people are fully inoculated. The only COVID-19 vaccine administered by the authorities to date is the UK-Swedish AstraZeneca shot, but Hanoi has received and ordered doses of other jabs as well. Impacts The authorities will keep use of Chinese vaccines limited. Quickly widening vaccination coverage will be key to realising the targeted average annual GDP growth of 6.5-7.0% in 2021-25. Vietnam will aim to become a key manufacturing hub for global vaccine supply chains.

scholarly journals ANALYSIS OF TRENDS IN THE DEVELOPMENT OF THE NATIONAL ECONOMY BY REGIONAL SIGN TAKING INTO ACCOUNT THE ECOLOGICAL COMPONENT

2020 ◽  
Vol 1 (1) ◽  
pp. 50-54
Author(s):  
Kostiantyn Shaposhnykov ◽  
Yuriy Pavelko
Keyword(s):  
Economic Growth ◽  
National Economy ◽  
Growth Rates ◽  
Population Decline ◽  
Environmental Damage ◽  
Gdp Growth ◽  
Mathematical Methods ◽  
Constant Attention ◽  
Protection Measures ◽  
Environmental Component

The purpose of this work is to study the development of the national economy in recent years taking into account the environmental component. It is proved that providing conditions for long-term economic growth is the primary task of macroeconomy of any country. Unstable development of the national economy in recent decades accompanied by prolonged crises, as well as a slow path of reforming all spheres of life on the way to building a democratic society with a developed market economy cause constant attention of domestic scientists to this direction. Methodology. The results of environmental protection measures are classified, based on the practical use of modern economic and mathematical methods and models. Results. It is proved that when using these methods, the results of law enforcement measures can be divided into the following groups: in the conditions of positive rates of economic development, the volumes of atmospheric emissions of pollutants and carbon dioxide had a negative dynamics. This scenario of environmental and economic efficiency is the most desirable; positive growth rates of fresh water use are inferior to GDP growth rates, the rates of waste generation and water abstraction exceed the dynamics of GDP growth. This scenario is the least acceptable, as not only environmental damage is increasing in absolute terms, but environmental performance is also deteriorating. Practical implications. The period of 2015–2018 was chosen for research as it was characterized by the resumption of gradual economic growth in most sectors of the economy after the deep crisis of 2014. The available data of the State Statistics Service of Ukraine for 2019 has not currently contained complete information on volumes anthropogenic impact. The leaders of regional development in terms of GRP growth in 2015–2018 were Volyn (+ 5.72%), Kyiv (+ 5.66%) and Zhytomyr (+ 5.00%) regions. In contrast, the most depressed regions with negative economic growth rates were Donetsk (-1.86%), Luhansk (-0.84%) and Poltava (-0.51%) regions. In the latter region, the rate of population decline exceeded the increase in labor productivity, resulting in a decrease in performance. Value/originality of the work is the analysis of trends in the national economy taking into account the environmental component, which in contrast to the existing comes from modern experience of practical use of economic and mathematical methods, which allows to develop recommendations based on quantitative estimates.

scholarly journals Isolation of Bacteria Capable of Growth with 2-Methylisoborneol and Geosmin as the Sole Carbon and Energy Sources

2011 ◽  
Vol 78 (2) ◽  
pp. 363-370 ◽  
Author(s):  
Lior Guttman ◽  
Jaap van Rijn
Keyword(s):  
Growth Rates ◽  
Carbon Sources ◽  
Rrna Gene ◽  
16S Rrna Gene Sequences ◽  
Removal Rates ◽  
Content Type ◽  
Enrichment Technique ◽  
Generation Times ◽  
Positive Genus

ABSTRACTUsing a relatively simple enrichment technique, geosmin and 2-methylisoborneol (MIB)-biodegrading bacteria were isolated from a digestion basin in an aquaculture unit. Comparison of 16S rRNA gene sequences affiliated one of the three isolates with the Gram-positive genusRhodococcus, while the other two isolates were found to be closely related to the Gram-negative familyComamonadaceae(VariovoraxandComamonas). Growth rates and geosmin and MIB removal rates by the isolates were determined under aerated and nonaerated conditions in mineral medium containing either of the two compounds as the sole carbon and energy source. All isolates exhibited their fastest growth under aerobic conditions, with generation times ranging from 3.1 to 5.7 h, compared to generation times of up to 19.1 h in the nonaerated flasks. Incubation of the isolates with additional carbon sources caused a significant increase in their growth rates, while removal rates of geosmin and MIB were significantly lower than those for incubation with only geosmin or MIB. By fluorescencein situhybridization, members of the generaRhodococcusandComamonaswere detected in geosmin- and MIB-enriched sludge from the digestion basin.

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