Financial And Political Weekly

economic news article
Sustained economic progress and advances in civilization end result, fundamentally, from the curiosity, effort, freedom and alternative of individuals to legally purchase private property (land and capital) and accumulate wealth. Hong Kong’s economy expanded by 2.9{541097bdaa49b007b935d9ed6c8f9f24d1e7bdadec27e04e92c3ff68983baae4} yr-on-year in actual phrases in the third quarter of 2018, after the expansion of three.5{541097bdaa49b007b935d9ed6c8f9f24d1e7bdadec27e04e92c3ff68983baae4} in the preceding quarter, marking the eighth consecutive quarter of growth above the pattern development price of two.7{541097bdaa49b007b935d9ed6c8f9f24d1e7bdadec27e04e92c3ff68983baae4} per annum in the past decade.

The Journal of Political Economy has awarded the inaugural Robert E. Lucas, Jr. Prize to Boyan Jovanovic and Peter L. Rousseau, for Intensive and Intensive Investment over the Business Cycle” (JPE 1224: 863-908) Their paper empirically reveals that in depth funding (i.e., creation of recent companies) rises with combination Tobin’s Q, whereas intensive investment (i.e., investment of established corporations) falls, and gives a useful model for understanding this novel truth.

Why GDP per capita is just not a superb measure for economic coverage decisions, how China’s integration into the world commerce system has had such an unexpected impact on labor markets and why you will need to ensure financial growth that advantages the bulk.

The Federal Reserve feared renewed inflation, raised rates of interest, leading …

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