French Economy General Overview: The French economy is the fifth largest in the world and accounts for about a fifth of euro area GDP. France weathered the global crisis better than most advanced economies. This is explained by the economy being less open than e.g. Germany‚ a fairly solid financial sector‚ a large public sector and substantial fiscal stimulus. Exports amount to about 20% of GDP – about half of the euro area average – while government expenditures amount to about 55% of GDP. The
Premium Gross domestic product Inflation European Union
INTRODUCTION 1.1 BACKGROUND In every economy‚ there exist vast variety of activities some which undergo official recording and some other activities take place outside the officials. The later is the underground economy that refers to the economic activities that generate income but are hidden from official authorities in order to evade various taxes and remain unrecorded in official statistics (Yasmin and Rauf‚ 2004). The most common causes of underground economy are heavy tax burdens where economic
Premium Tax Value added tax Taxation
Language Arts 11B 18 September 2012 The Last Conquistador In the movie The Last Conquistador‚ there is a controversy going on between John Houser‚ a sculpture who successfully attempted to create and mount the tallest bronze equestrian statue in the world‚ and people who funded the building of the statue and Native Americans living in Texas. The Native Americans don’t want the statue of a long-forgotten Spanish conquistador Juan de Oñate‚ branded a terrorist and a genocidal architect by some
Premium New Mexico United States Mexico
marine ecosystems‚ where coral‚ fish and molluscs abound. According to Conservation International‚ marine surveys suggest that the marine life diversity in the Raja Ampat area is the highest recorded on Earth. Southeast Asia was a critical part of the world trading system. Tourism has been a key factor in economic development for many Southeast Asian countries‚ especially Cambodia. According to UNESCO‚ “tourism‚ if correctly conceived‚ can be a tremendous development tool and an effective means of preserving
Premium Economic growth Japan Gross domestic product
The Malaysian Economy in 2007 3 8 9 11 22 25 31 44 The International Economic Environment in 2007 Overview Domestic Demand Conditions Sectoral Review White Box: Development of a Vibrant and Sustainable Microfinance Industry Prices and Employment External Sector White Box: Development of Small and Medium Enterprises The Malaysian Economy in 2007 THE INTERNATIONAL ECONOMIC ENVIRONMENT IN 2007 Global growth was strong in 2007‚ driven by above-trend growth in most industrial economies and buoyant
Premium Inflation Economics Investment
10%. From 1980 to 2011‚ real GDP grew 19-fold in real terms‚ real per capita GDP increased 14-fold‚ and an estimated 500 million people were raised out of extreme poverty. China is now the world’s second-largest economy and some analysts predict it could become the largest within a few years. Yet‚ on a per capita basis‚ China remains a relatively poor country. China’s economic rise has led to a substantial increase in U.S.-China economic ties. According to U.S. trade data‚ total trade between the
Premium Economic growth Economics Investment
The Last Supper – Research Essay The Last Supper is a religious scene in the Catholic bible‚ which tells the story of the last meal the night before the crucifixion of Jesus Christ. An important role in its religion‚ the Last Supper scene has been recreated by artists many times. These visual interpretations of the event generally show Jesus‚ surrounded by his disciples. During the meal‚ Jesus breaks the bread and serves the wine accompanied with the command “Take this all of you and eat it… this
Premium Leonardo da Vinci Michelangelo Jesus
performance for almost six years‚ the world economy has entered a period of uncertainty due to a financial turmoil triggered by the subprime mortgage crisis in the United States of America (USA). During 2002 to 2007‚ the world economic growth averaged 4.5 percent per annum compared to 3 percent in the 1990s. The sudden gloom in world economic prospects has come as a surprise in view of the persistent economic growth and stability. The crisis initially affected advanced economies and then its contagion
Premium Economic growth Poverty
| Groupthink and Risky Shift Phenomenon | | | | | | Table of Contents Executive Summary i Introduction 1 The Groupthink phenomenon 1 The Risky-shift phenomenon 2 Conclusion 4 Recommendation 4 Reference list 5 Executive Summary Groupthink phenomenon continues to exist and influence in a group decision making. This is especially happen when group cohesiveness is high and there is an absence of open communication. However‚ understanding the theory would enable
Premium Risk Decision making Decision theory
DN: cn=TeAM YYePG‚ c=US‚ o=TeAM YYePG‚ ou=TeAM YYePG‚ email=yyepg@msn.com Reason: I attest to the accuracy and integrity of this document Date: 2005.05.07 14:28:47 +08’00’ Digital Economy: Impacts‚ Influences and Challenges Harbhajan S. Kehal Varinder P. Singh IDEA GROUP PUBLISHING i Digital Economy: Impacts‚ Influences and Challenges Harbhajan S. Kehal University of Western Sydney‚ Australia Varinder P. Singh University of Western Sydney‚ Australia IDEA GROUP PUBLISHING Hershey
Free Information society Electronic commerce Economics