neighborhood of 7 percent. We have set our growth target at 7.2 percent for FY2012-13. In the last three years, we had an export growth of 21.2 percent. In the current fiscal year, up to April 2012, the export growth is 8.4 percent. Besides export, our import increased by 22.2 percent on an average in the last three years. In the current fiscal year, up to April 2012, import grew by 8.7 percent. During this period, import of capital machinery increased by 20.7 percent and that of industrial raw materials
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A PROJECT ON Structural Changes in Indian Economy Submitted to: Dr.Rakesh singh Group No 6 Division:B RAHUL PATHAK 201072 ROHIT SAHA 201075 RIMJHIM JAIN 201083 VICKY SARAF 201106 AVINASH TIWARI 201105 Structural change of an economy refers to a longterm widespread change of the fundamental structure, rather than microscale or short-term output and employment. For example, a subsistence economy is transformed into a manufacturing economy
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International Trade Concepts Juan Garcia University of Phoenix ECO/ 372 Prof. Luis Maldonado 3 de agosto de 2008 International Trade Concepts Es importante para una nación estar al tanto de los distintos cambios en los comercios internacionales, ya que podría afectar al mismo positiva o negativamente. Por tanto, este ensayo se expondrá cuáles son los efectos sobre el comercio internacional en la economía de Estados Unidos. Además, se explicara cómo los cambios en las políticas fiscales y monetarias
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the federal proposals, and also presents an argument against Congressman Ryan’s proposed Medicare budget. U.S “On-Budget” Surplus and Deficit Historical Data Presented below is the United States surplus and deficit data according to the historical tables provided by the Office of Management and Budget. * The United States on-budget has ran a deficit for the majority of the years between 1990 and 2011. * The years 1999 and 2000 both ran a surplus on-budget. * See chart no. 1, page
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Monetary Policy Difference between fiscal and monetary policies. Comparison of BAM and FED. Regulations implemented by these two Central Banks. Impacts of monetary policies. Risks taken during crisis. Macroeconomics INDEX 1) Difference between Monetary and Fiscal Policy 2) The Crisis 3) The United States (Federal Reserve) 4) Morocco 5) Pro’s and Con’s of Fed’s
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Explain how an increase in federal budget deficit due to recession can stabilize the economy. A deficit means that the government spends more than it receives in tax revenues in a given year (O’Sullivan, Sheffrin, & Perez 2010, p. 374). The total deficit is spending, plus all the interest payments on top of the original debt, minus the total tax revenue (http://www.blurtit.com). There are three factors, known as automatic stabilizers, that affect and stabilize the economy
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(http://www.cbo.gov/publication/43907) “If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $845 billion, or 5.3 percent of gross domestic product (GDP), its smallest size since 2008. In CBO’s baseline projections, deficits continue to shrink over the next few years, falling to 2.4 percent of GDP by 2015. Deficits are projected to increase later in the coming decade.” http://www.cbo.gov/publication/43907 “However, because of the pressures
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adds to the national deficit. However, those that are insured are either utilizing self-pay insurance (for example: COBRA), employer group insurance, government insurance (for example: MEDICAID, MEDICARE), or they receive inmate care. These four insurance options are also contributing to the national deficit of health care costs as well. We will get in depth with discussing what government and inmate insurance is and how much of an impact it has made on the United States deficit and compares those
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government debt and unemployment and government debt in U.S.A. Those data have units and definitions below. Definitions: GDP 2010: GDP 2009: Budget surplus/deficit: GovtDebt: Unemployment Debt Gross Domestic Product in 2010 (millions constant 2000 US$) Gross Domestic Product in 2009 (millions constant 2000 US$) Budget surplus/deficit as % of GDP in 2010 Total central government debt as % of GDP in 2010 Total unemployment in USA (% of total labor force) Real government debt in USA (billion
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How To Reduce Federal Deficits Like most Americans I want to educate myself in ways to reduce the deficit of this nation so I can sleep more sound at night. U.S. federal deficits should be reduced by cutting certain entitlement programs, implementing privatization, and increasing taxes on the rich. In this essay, I will provide hard facts that will not only reduce federal deficits, but also increase productivity and employment. These are specific ways to cut spending and raise revenue. Medicare
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