The percentage of growth in GDP is used, at times, to measure health of the economy. The United States GDP estimate has been downgraded recently to just a couple percentage points. News reports often cite the Gross Domestic Product to explain the health of the economy. Economic progress, however, is far too complicated for one number to measure. The GDP is simply outdated. Article source – Why GDP is not the best measure of economic growth by MoneyBlogNewz.
What you need to know about the Gross Domestic Product
The entire value of goods and services in a country is represented by the GDP. GDP began as a measurement of the standard of living in various countries, however it is used in several other ways. Finding the GDP takes a special formula. It calls for adding up government spending, exports, gross investment and private consumption. Congress was given a report of Gross Domestic Product in 1934 for the first time. Simon Kuznets put it together. Decisions were made by the Federal Reserve on this. That is what the GDP was good for.
The information measured by the GDP
The limitations of the Gross Domestic Product have been clear for a long time. The “real” Gross Domestic Product is released by the Bureau for Economic Analysis that adjusts the number. Without that adjustment, the GDP would always appear to be growing with the rate of inflation. The Consumer Price Index, which is a way of measuring the inflation or deflation of the cost of most household goods, also has no impact on the Gross Domestic Product. Even though the American has less income if households go up by 400 percent, the GDP will go up.
Comparing GDP with credit card
Since negative numbers aren’t taken into account, the Gross Domestic Product has the biggest problem with that. To translate the Gross Domestic Product in terms of a household budget, it would be as if you calculated the health of your household finances based on how much money you spent — both in cash and on your credit cards. There are several things left out. There is the possibility a mortgage payment won’t be made, the spending budget could be damaged and eventually the cards have to be paid. Measuring the economic growth of the United States — or any country — based solely on Gross Domestic Product is too simplistic to be accurate.
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The demand for petroleum products across the globe will increase in the future due to rising income levels and increasing industrialization. The demands for petroleum products will lead to high imports of crude oil which will in turn impact upon foreign exchange reserves. The increased demand for petroleum products will have a negative impact on the environment. APAC countries are therefore striving to create their own energy sources so that they can have large foreign reserves and be independent of any other oil producing countries.
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The development of the biofuel industry in APAC countries has been assisted by various policies that aim to promote the production of biofuel. These policies vary from targets to blending mandates to economic steps such as subsidies, fiscal incentives and tax exemptions. While most of the policies revolve around economic factors such as need for energy selfsufficiency and security and economic development, some of the policies also cover sustainability issues such as restrictions made by China for the production of certain types of biofuel. The table below shows the policies in some APAC countries.
Biofuel production in the APAC in 2005 was 31.5 thousand barrels per day (Mbblpd). Production of biofuel rose to 89.9 Mbblpd in 2009 with a compound annual growth rate (CAGR) of 30% for the period 20052009. GBI Research estimates that biofuel production by the end of 2020 will be 253.2 Mbblpd. The CAGR for the period 20102020 will be 9%. The figure below shows biofuel production in the APAC for the period 20052020.
GBI Research’s new report, Biofuel Market in Asia Pacific to 2020 Need for Energy Independence Will Spur Biofuel Demand in the Region ” provides key information and analysis on the market opportunities in the Asia Pacific Biofuel Market. The report provides the latest information on the biofuel production and consumption with a detailed assessment of the market forces influencing the Asia Pacific biofuel market. The report also provides analysis of key countries which includes China, Thailand, Malaysia and India
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Mostly in employment choices, the students show differences while going for a particular job. There are some people who tend to go against the popular feeling, whereas in some other cases, there are students who go for such jobs which are high paying and are influenced by various other factors.
Ruled by such trends, the way in which the jobs in Sashastra Seema Bal have been sought after by people is reflective of certain aspects. These are usually the choices which are ruled by the factor of large number of vacancies. SSB or Sashastra Seema Bal is a government organisation, a special force under the Ministry of Home Affairs, which looks after the possibilities of any aggression in the borders of India. They are responsible for fighting of dangers that are imminent from the external forces coming from the border. Also, the force is called for duty during any national emergency or crisis.
To keep such a large force strengthened, the SSB carries out recruitment of constables as well as many other posts as in the SSB recruitment. There are posts of paramedical medical cadre, para veterinary cadre and electricians which are being advertised presently. Similarly, many other posts in the SSB will be advertised in the coming years, which attract students from different streams of studies. It is because of the large variety of job opportunities that people tend to go for the BSNL recruitment 2013, which open up a number of vacancies in the cadre of junior telecom officer in various BSNL offices throughout the country.
The largeness of the advertisement in itself is a reason for the students to trend towards these jobs in the BSNL or SSB. The same reason can be held responsible for the large turnout for the Food Corporation of India recruitment 2013, where the Staff Selection Committee gives out advertisements for posts such as stenographer, Management trainee in accounts, technical, etc. These are in plenty because the FCI offices are found all over the country and students from various states and zones in the country, apply for these posts.
Another aspect that is evident from the Food Corporation of India recruitment 2013 and the BSNL recruitment 2013 is that the candidates are eager for the technical posts. Positions of junior telecom officers in BSNL and management trainee technical branches are such jobs which can give a boost to the careers of the students who are recruited. Having joined in these posts, they can reach great heights. The students are therefore attracted towards technical jobs and they make it a point to apply for these positions in popular companies like FCI or BSNL, whenever there are advertisements. There will always be a high degree of popularity for these jobs but in 2013, the trend will be higher because people are showing the trend of going for jobs which are technical in nature and whenever there are large numbers of posts.
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Economic slowdown has its effects on each and every segment in varying intensities and the stock market is no exception. There is no panicky situation at present; the recession that turned many face severe financial crunch is now over. And recovery is in full swing. In fact, the BSE sensex, compared to other world stock market indices, has been exhibiting a fast upward trend. It is the Sensex India figures on the positive flow that has led many foreign investors to invest in the Indian market.
Investors trading in BSE stocks thus have reasons to smile. The Bombay Stock Exchange (BSE), Asia’s oldest bourse, has played an instrumental role in giving shape to the Indian capital market. What was started by a group of experienced stock brokers is today one of the top rated stock exchanges in the world. The BSE is still a major contributor in the capital market, raising funds from the general public, facilitating companies further expand business horizons as well as generating capital for the Government’s developmental activities. In terms of the number of transactions taking place in all the stock exchanges of the world, the BSE stands fifth. The 30 most active stocks of various sectors traded via the BSE are a source of survival for many, encompassing stock brokers, investors, companies, and more.
Market analysts and experts who have been studying the BSE sensex closely for years together, witnessing both rise and fall, have predicted that infrastructure, finance, real estate will be the key booming sectors in the years to come. Investors are now eager to put in their resources in these areas besides other sectors which they feel will maintain a balanced trend.
As a market indicator, the BSE sensex shows both the profit margin and loss of the companies registered with BSE. The rise and fall of any sector or a company exhibiting a low ebb while another high in the graph are all a result of market volatility. Market situations govern companies’ performance. And the performance of all Sensex India companies is measured in the sensex index. This sensex index figures may seem confusing to novice investors. But they pick up momentum once they understand the implications. The investor who does get updated with the latest happenings of the market stays at the winning edge because knowledge of the market is a must before investing.
RNCOS has recently added a new Market Research Report titled, Asia Pacific Pharma Sector Analysis to its report gallery. The Asia-Pacific region is emerging as the fastest growing pharmaceutical industry in the global pharmaceutical arena. In the recent years, the demand for healthcare services has risen among the regions populations. According to our new research report, the low operating costs and skilled manpower continue to attract pharmaceutical companies towards Asia Pacific, which is now emerging as a powerhouse of pharmaceutical Research & Development (R&D). The future of the industry in the region remains bright, and is projected to grow at a compound annual rate of around 10% during 2012-2015.
The report, Asia Pacific Pharma Sector Analysis, finds that the market growth will mainly be driven by factors, like changing regulatory environment, increasing disposable incomes, rising prevalence of lifestyle diseases, and significant developments in the field of contract manufacturing, particularly in APIs. On studying the pharmaceutical market in each country, we observed that mature markets such as Japan and Australia are experiencing slower growth rates, while emerging as new market leaders, China and India are enjoying investments by foreign pharmaceutical companies. South Korea and New Zealand are relatively small markets, with the growth limited by the size of these island nations. We have also studied the market scenario in Indonesia, Thailand, the Philippines, Malaysia and Vietnam.
We also found out why the Asia-Pacific region is emerging as a new destination for the generic drugs industry. As per our findings, the western countries face the issue of poorly defined regulatory pathways, and a few Asian countries are well positioned to benefit from these changes, attracting huge investments by generic companies. The OTC sector in the region has also been expanding rapidly. The study of other emerging trends revealed that the growing market for vaccines and medical tourism is giving new dimension to the regions pharmaceutical industry. Though Asia-Pacific is emerging as a right place for the drug-related research, the region lacks IPR regime. The report provides in-depth information about regulatory environment and key market players in each country. This way, our research work aims at presenting a fair picture of the industry to clients.
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– Global Telemedicine Market Analysis ()
– Personalized Medicine Market Analysis ()
– Global Regenerative Medicine Market ()
– Emerging Pharmaceutical Markets Globally()
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.
Through the rapid development of 2010-2011, impact crusher of China at last has been stroke by the spread of European economic downturn crisis,Ball mills in 2012 the sales situation is not optimistic. Whether impact crusher of China could look for other ways out of the sales plight, let’s wait to see in the coming 2012.
Overheated Economy refers that the speed of development of the market supply and market demand, are out of proportion. The increased supply of capital, because of the false demand, is essential reason of the market economy overheating. Capital growth rate is faster than the amount of the actual market cycle,China Mobile crushers in a certain cycle stages, causing the paradox phenomena of the the market shortage of resources and a certain excess of resources at the same time. Within a period,Cement making machine it always shows high-rapid economic development and the high price index. According to the definition of economics, the actual growth rate exceeds the potential growth rate called the economy from overheating, and its basic features of the economic elements of aggregate demand to exceed the total supply, which led that the comprehensive price index continues to rise. Economic overheating staged in the Chinese classical style in the early 1990s.
Overheated economy can be divided into “Sand washerconsumer-driven overheated economy” and “investment-driven overheated economic”. The overheated economy due to strong consumption of people is called consumer-driven economic overheating; “China cement mills;investment-driven economic overheating”, that is” excessive investment “, which contains two aspects of meaning:
First, after the completion of the investment projecCement mill pricets, the products are not expected in the market demand, so product accumulated, the funds could not be recovered, resulting in a serious waste of the means of production. At this level, the &quRock crusherot;over” refers to the excessive demand for investment relative to the market.
Second, the spreading scale of investment is too extending, so that exceeding the capability of financial burden, and the investment can not be completed according to schedule, resulting that it could not form the expected production capacity. This level of “over” is the scale of investment relative to the excessive financial burden.
At present, sales situation of impact crusher in China is fairly fine, although economic downturn in European has brought certain negative effects on us, there is an upside. Economic downturn, European countries will come up with large sums of money to stimulate investment, there must also be conducive to China’s impact crusher sales.
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Special Economic Zones are geographical regions that have economic laws that are usually a step to increase foreign direct investement in the country. These are created as open markets within an economy that will be under governments regulatory controls.
Many developing coutries are looking towards the SEZs with the expectation that they will provide the engines of growth for their economies to achieve industrialization. To attract FDI and to increase exports that in a way will accelerate the countrys economic growth.
Unlike most of the international instances where zones are primarily developed by Governments, the Indian SEZ policy provides for development of these zones in the government, private or joint sector. This offers equal opportunity to both Indian and private developers.
Besides providing state-of-the-art infrastructure and access to a large well-trained and skilled work force, the SEZ policy also provides enterprises and developers with a favourable and attractive framework of incentives
since these Special Economic Zones (SEZ) attract investment, generate export revenues and create manufacturing jobs they are given income tax exemptions, FDI is permitted through automatic route, no cap on FDI for small scale industries.
Other benefits include no requirement of import licence, exemption from custom duties and central Excise duties, profits allowed to be repatriated.
SEZ brings capital in the form of FDI which is badly a necessity for a developing economy. It brings along with it roads, ports,airports, machinery to sustain growth. The important thing is creating employment opportunities.
SEZ creates immence employment opportunities. They create lot of indirect employment in terms of labour required. It also has also potential in creating employment in relevant industries.
SEZs help in creating balanced economic growth in a country. It leads to tapping of local talent and contributes economic activity.
While special Economic Zones drastically improve economic activity in the country. But there are a few challenges that needs to be addressed like special Econmic zone are accused of bringing down agricultural activities, great threat of land grabbing and real estate mafia can greatly affect the future of SEZ.
SEZ should be properly managed for rapid economic growth that leads to profitable and sustailabe development. Liberal tax policies and regulations will attract foreign investement and major industrie.
On the other hand government should frame it policies in such away that it should attract FDI and at the same time it should also ensure that the Special Economic Zones should not become a cause of concern.
Healthway Medical Corporation Limited is Singapores largest network of private medical centres and clinics offering quality healthcare services across the medical value chain in primary healthcare, dental and specialist services. Operating from a centralised platform, the Group is able to leverage on shared patients and resources among each of our medical specialty groups. This enables us to serve an increasing number of patients and develop more specialist services and facilities to meet the rising healthcare needs of our patients.
Our mission is to provide high quality medical services and facilities that are both accessible and affordable to patients in the markets that we serve.
The healthcare sector of many countries in this region, from Singapore to China has similar characteristics: ageing populations, increasing disposable incomes and positive governments policies towards private healthcare. Underpinned by increasing demand, Healthway Medicals network of clinics and specialist centres in Singapore and China will continue to grow, and strengthen our leadership position in the regions healthcare industry
Nobel Specialist Practice is a leading and established specialist group practice with a large team of senior consultants from surgical and non-surgical disciplines. Located at major private hospitals and medical centres in Singapore1, Nobel Specialists Practice offers a wide array of specialties in the area of psychiatry, colorectal surgery, otolaryngology, cardiology, ophthalmology and respiratory.
As a specialist practice of Healthway Medical Group, Nobel was formed in 2009. It has since expanded into 13 clinics located in the central to heartland districts like Ang Mo Kio.
In 2011, an Endoscopy Centre with an outpatient, endoscopic facility, specialising in performing endoscopy procedures was set up in the heart of Orchard Road. Its endoscopy suite is fully equipped with state-of-the-art equipment supported by a full team of nursing staff. Together with our Healthway Medical Specialists who are accreditated with the Specialist Accreditation Board, they are dedicated to providing superior medical care.
The Centre adopts best practices and provides efficient, private and cost-effective treatment at competitive rates, ensuring endoscopy services is made accessible to all. It is approved by Ministry of Health (MOH) to be a colonoscopy screening centre. As an approved facility, it enables persons to use their own or their immediate family members Medisave2 for Screening Colonoscopies.
The combined expertise of our Specialists at Nobel Specialist Practice ensures our patients receive better care for a wide spectrum of medical conditions that requires invasive and non-invasive treatments and procedures.
Our team is dedicated to bring quality and integrated specialist care to both local and overseas patients.
Our uncomprising medical service standards helmed by these medical and healthcare professionals ensures patients from all walks of life receive care and attention at all times.
Visit us at .
1. Mount Alvernia Hospital, Gleneagles Hospital, Novena Medical Centre and TripleOne
2. For Singapore citizens and Permanent residents.