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economic growth rate Tagged Articles
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The potential of International Franchising in India
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| The Indian economy grew by 6-7% in the 2005, thanks to continued reforms The middle class has never had it so good, with plenty of options and credit available in abundance at a competitive rate. There has been a change in mindset; a flamboyant generation is gradually replacing the debt-cautious. |
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The War to Attract and Retain Sales Talent
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| The need for superior sales talent is increasing, but many big North American companies are fighting-and losing-the war to attract and retain it.
The McKinsey Quarterly reports that a two percent economic growth rate for 15 years would increase the demand for executives by about a third. Meanwhile, supply is moving in the opposite direction: the number of US 35- to 44-year-olds will decline by 15 percent from 2000 to 2015.
The report concludes that "Companies must make talent management a top priority, create and perpetually refine their employee value proposition, and source and, above all, develop talent systematically while removing underperformers."
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Can Emerging Markets Follow China's FDI Growth Recipe?
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| China's ability to attract massive amounts of foreign investment does not derive entirely from its economic growth rate or the size of its population, observed Stephen J. Kobrin, Professor of Multinational Management, The Wharton School, University of Pennsylvania, USA. Rather, China leads the developing world in liberalizing its foreign investment policies, he noted. Felipe Larra Bascu Professor of Economics, Catholic University of Chile, Chile, challenged this view, saying he believed that it was China's large marketplace, high growth rate and low costs rather than its investment policies driving FDI. Between these extremes, Paul A. Laudicina, Managing Director, A.T. Kearney, USA, said that interviews with his firm's clients revealed that it was both the size of China's marketplace and its policies that were luring investment.
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Other economic growth rate Related Articles
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2.0 Recent Economic Performance in Africa and Prospects for 2007: Economic Report on Africa 2007
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| African countries still face the critical challenge of raising the rate of GDP growth and
sustaining high growth rates over an extended period in order to accelerate progress
towards meeting the Millennium Development Goals (MDGs). While growth has
recovered over the past few years, very few countries have achieved and maintained
the growth rates necessary to reduce poverty. Africa still tails behind other regions
in most measures of human development. |
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5.1 Determinants of diversification in Africa: Economic Report on Africa 2007
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| Diversification and policy variables constitute a two-way process in that diversification
not only influences policy outcomes, but is itself influenced by policy variables.
This proposition naturally leads to the search for those economic and non-economic
policy actions that are likely to affect the level and rate of diversification in a country.
What evidence is there that links economic and non-economic variables with
national capacity to diversify? |
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5.2 Is it factor accumulation or total factor productivity that drives growth in Africa?: Economic Report on Africa 2007
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| To investigate the link between growth and diversification, it was important to
first quantify the contribution of TFP to economic growth. This section analyses
the sources of growth for African countries using the standard growth accounting
method, making it possible to disaggregate the shares of growth contributed by TFP,
capital and labour. Growth in output is the sum of the growth in capital, labour
and TFP. Capital accumulation is an essential element in the growth process, as it
enlarges the economy’s capacity to produce. Increases in labour or labour force have
traditionally been considered a positive factor in stimulating economic growth. |
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2.8 The foundations of a decent work strategy for poverty reduction: Working Out of Poverty
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| Most analysts of the nature and causes of poverty agree that growth in
per capita income is essential to reducing poverty and that persistent growth
failures are accompanied by a persistent failure to reduce poverty. However,
they have not found a stable relationship between the rate of average per
capita growth and the rate of poverty reduction. |
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Determinants of Growth in Sub-Saharan Africa
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| Several underlying factors can affect the rate of output change. Key among these are the rate of investment, increase in the size of the workforce, and changes in economic policies. |
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HUMAN RESOURCE DEVELOPMENT AND ATTRACTING INWARD FDI
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| One of the characteristics of rich industrial economies is the availability of a
workforce with a high level of human capital. Whether human capital has been the key
driver of economic prosperity or vice-versa is still a matter of debate. Nevertheless, long
time series trends in educational attainment and economic growth during the last century
indicate that HRD and economic prosperity went hand in hand10. Some developing
countries followed similar trends in human capital and economic growth. What was
distinctive about these developing countries is that they appeared to have realised large
economic benefits in attracting MNEs into host economies, and have thus mobilised
inward FDI to attain rapid economic growth. |
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Can Emerging Markets Follow China's FDI Growth Recipe?
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| China's ability to attract massive amounts of foreign investment does not derive entirely from its economic growth rate or the size of its population, observed Stephen J. Kobrin, Professor of Multinational Management, The Wharton School, University of Pennsylvania, USA. Rather, China leads the developing world in liberalizing its foreign investment policies, he noted. Felipe Larra Bascu Professor of Economics, Catholic University of Chile, Chile, challenged this view, saying he believed that it was China's large marketplace, high growth rate and low costs rather than its investment policies driving FDI. Between these extremes, Paul A. Laudicina, Managing Director, A.T. Kearney, USA, said that interviews with his firm's clients revealed that it was both the size of China's marketplace and its policies that were luring investment.
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What s Holding Back Africa s Growth?
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| This plenary session discussed the contributing factors to Africa s poor economic growth, including the conclusions of the World Economic Forum s Africa Competitiveness Report 2004, and the actions that governments and business can take to promote economic growth. The discussion included calls from business participants and the panel for action against corruption on the continent.
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Consistently Grow Revenue at Record Levels – Article 1 of 2
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| There are very few CEOs that are not concerned with sales growth. Ninety-five percent of CEOs that I have spoken with this year described their sales growth as follows:
A. Overall sales are below last year.
B. Overall sales are about the same as last year.
C. We are growing, but our growth rate is slower than that of our top competitors.
D. Our growth rate is slower than last year.
E. Our growth rate is not where we want it to be.
While this may not be a surprise, you’ll be interested to know that the solutions are easier than you think. Even more fascinating is that many companies are meeting sales targets that have been set extremely below potential. |
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What Recovery
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| THE Bureau of Economic Analysis released its estimate of GDP growth, and the pace of expansion was revised down again. Currently we are below the rate of population growth, which is to say that in per capita terms output continues to shrink. So how are things looking forward? |
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