Mexico Economy Grows at Record Pace With Long Recovery Ahead
Mexico’s economy grew at the fastest pace in at least three decades in the third quarter, as a surge in manufacturing to meet U.S. demand helped claw back a portion … Read More
Tag: GDP
Bangladesh may overtake India this year
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia’s economic powerhouse anytime soon, T N Ninan … Read More
Japan’s Record GDP Plunge Is Slightly Worse on Revision
Japan’s record economic contraction last quarter was slightly worse than initially estimated, according to revised figures that underscore the challenge facing Prime Minister Shinzo Abe’s replacement as the country tries … Read More
‘The contraction in GDP is the result of COVID-19 and the lockdown’
‘Eventually, when the pandemic is behind us, demand will limp back.’‘That’s because there is enough money lying in the system, in the hands of people.’ The Indian economy has contracted … Read More
FinMin unlikely to take Covid-hit FY21 as a base for FY22 Budget
Instead, 2019-20 could be the base from which the Budget estimates for next year are calculated. When the finance ministry begins work on the 2021-22 Budget, it is unlikely to … Read More
China Economy Recovers At Faster Than Expected Pace
China’s economy rebounded at a faster-than-expected pace in the second quarter underpinned by strong industrial output as global economies attempt to recover from the unprecedented downturn posed by the coronavirus … Read More
Would You Buy a Bond Linked to Your Country’s GDP?
Imagine a sovereign bond that pays investors more when a country’s economy is doing nicely and less when gross domestic product is lagging. That’s the idea behind the GDP-linked bond, … Read More
US GDP could sink over 40%: Atlanta Fed
Kudlow floats lowering corporate tax rate by 50% for companies coming home National Economic Council Director Larry Kudlow says the U.S. can’t spend its way out of the coronavirus downturn … Read More