Much economic activity lies outside the GDP data.

They calculated that 75 to 80 of economic growth did not come from increasing the capital output ratio at least not if the private marginal product of capital was taken as an indicator of the social marginal product.

If there is unused capacity in the economy, part of any increase in the quantity of money will be spent on increasing output rather than just buying existing output.

But, unless Greece is able to increase its rate of economic growth, the budget will remain in deficit and the debt will remain at nearly its current share of GDP.

The main challenge for Brazil is to increase its investment rate from 18 of GDP currently to closer to 25 , thereby sustaining rapid growth and economic diversification.

As a result of the tsunami, the GDP contracted by about 3.6 in 2005.

Second, any improvement in GDP derived from stronger exports leads to an increase in imports.

The tourism sector continued to be the main economic driver, accounting for on average 25 per cent of economic output during the period.

In a recent survey, Fiscal Policy for Economic Growth, I concluded that short run multipliers the total change in economic activity resulting from higher government spending could theoretically be as large as two when the central bank has reduced its target interest rate to zero.

First, some states have gained power in tandem with their increased economic clout.

In 2010, economic output was dominated by the service sector which accounted for 66 of GDP, followed by the industrial sector with 27.2 and agriculture accounting for 6.8 of GDP.

He associated every economic activity with an increase in entropy, whose increase implied the loss of useful resources.

That way, the debt GDP ratio declines because the denominator (economic output) increases, not because the numerator (the total the government has borrowed) declines.

The resulting economic inequality a result of politics as much as market forces contributes to today s overall economic weakness.

For example, there should be more teaching of economic history.

The prospect of increased economic activity at the sea's edge will inevitably result in the increased movement of people to coastal areas.

As firms shed workers during the economic downturn, output fell more slowly.

Secondly, the gross domestic product must be expanded so as to produce goods and services for the domestic, regional and international markets.

Secondly, its dwindling workforce cannot sustain the economic output level that is maintained in the future.

Tourism is the primary economic activity, accounting for more than 60 per cent of GDP.

Fourthly, the participation of developing countries in international economic decision making should be increased.

The removal of these obstacles would lead to a significant increase in economic growth.14

This implies that an increase in imports of consumer goods equivalent to 10 of GDP could generate an increase in measured GDP of about 10 as well.

Although the government recently announced that it intends to increase R D spending to 2 of GDP by 2010, this remains below the OECD average of 2.2 .

In terms of economic output, today s EU is on par with the US.

In Bhutan, the economic challenge is not growth in gross national product, but in gross national happiness (GNH).

Moreover, direct investment and financial flows contribute further to economic interdependence.

To develop feasible programs of economic and social support which increase the opportunities available to women.

In short, they fear that, with no expansion of output or employment, the net effect will simply be an increase in poverty.

Private investment in the mid 1990 s, moreover, increased output of natural gas.

Their net effect will be to raise consumption as a share of GDP and to reduce the national saving rate.

With too many construction workers and too few jewelers, greater demand may result in higher jewelry prices rather than more output.

NEW YORK The Greek financial saga is the tip of an iceberg of problems of public debt sustainability for many advanced economies, and not only the so called PIIGS (Portugal, Italy, Ireland, Greece, and Spain). Indeed, the OECD now estimates that public debt to GDP ratios in advanced economies will rise to an average of around 100 of GDP.

In 1750, Asia had three fifths of the world population and three fifths of the world s economic output.

The resulting higher tax rates distort economic incentives and thus weaken future economic performance.

The risks associated with inflation are probably less dangerous than those generated by collapsing output and the threat of deflation.

The economic performance of Sierra Leone remained stable and GDP increased to 7.4 per cent in 2004.

Greece s economic weakness increases the current level of the deficit.

In the economic field, regional initiatives must promote the greater openness and effectiveness of trade associations.

Welcoming the assessment by the Caribbean Development Bank in its 1999 report that the economic performance of the Territory remained strong, with an increase in gross domestic product estimated at 8.7 per cent, reflecting strong growth in the tourism and construction sectors,

This additional economic activity will boost overall GDP growth, yielding significant new fiscal revenues.

With a return to output growth, the recession defined as two consecutive quarters of economic contraction is officially over.

Countries have long used national income accounts, with GDP as the main indicator, to describe economic performance.

So it is not clear what will occur to reverse the decline in GDP and end the economic downturn. Will a sharp dollar depreciation cause exports to rise and imports to fall?

After tourism, the next most important economic sector is financial services, accounting for some 15 of GDP.