Economic growth is important case

Gross domestic product The economic growth rate is calculated from data on GDP estimated by countries' statistical agencies. The rate of growth of GDP per capita is calculated from data on GDP and people for the initial and final periods included in the analysis of the analyst. Determinants of per capita GDP growth[ edit ] In national income accounting, per capita output can be calculated using the following factors:

Economic growth is important case

There is clearly also a values-based case for gender equality: Gender equality is thus fundamental to whether and how societies thrive. The graphs confirm a correlation between gender equality and GDP per capita, the level of competitiveness and human development.

The correlation is evident despite the fact that the Global Gender Gap Index unlike other gender indexes explicitly eliminates any direct impact of the absolute levels of any of the indicators used in the Index e.

For each of these areas, there are economic or societal gains from increased gender parity. This section summarizes some of the key research findings on the broader economic and societal case for gender equality.

Similarly, closing the inactivity rate between girls and boys would also increase GDP by up to 5. Similar to education, investing in health and specifically in maternal, newborn and child health has a multiplier effect.

Research has found that inequality is lower in countries where more women have been engaged in public life. The breadth of issues women tend to advocate and prioritize investments on, have broader societal implications relating to family life, health and education, thereby fostering greater credibility in institutions and producing more democratic outcomes.

According to one study, greater female participation in the U. As women become more economically independent, they also become more significant consumers of goods and services, including for the majority of purchasing decisions of the household.

Research has also shown that women are more likely than men to invest a larger proportion of their household income to the education and health of their children. As they begin to take up half of entry-level positions in several industries—in several OECD countries, for example—it is a loss for companies if these highly skilled women are forced to choose between work and family at later stages of their career.

More diverse leadership teams can cater to a broader array of stakeholder needs and concerns. In nearly of these countries, women make up the majority of those in tertiary education. The data reveals four broad groups of countries: These countries have not, however, fully closed economic and participation gaps—in particular, the gaps in senior positions, wages and leadership levels still persist.

The third group contains countries such as Yemen, Pakistan, India, and Mauritania that have large education as well as economic gender gaps.

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The fourth group contains countries such as Guinea, Chad, Mozambique and Burundi, which have large education gender gaps but small economic ones, primarily due to high levels of participation by women in low-skilled work. Compared with the third group, women in these countries have greater access to income and decision-making.

In countries where it is relatively easy for women to combine work with having children, female employment and female fertility both tend to be higher. Policies that allow women to combine work and family may thus play a role in addressing the future problems posed by ageing populations.I.3 Globally Over the last two millennia until today The total output of the world economy over the last two thousand years.

Data on economic growth is now routinely published by statistical offices, but researchers have had to reconstruct accounts of the economic productivity for the past. The 91 most important economic charts to watch in For the fourth year in a row Maclean’s presents its year-end Chartapalooza, your guide to making sense of the economy in the year ahead.

Performance Of Economic Growth In Nigeria ( – ) – Impact Of Oil Industry. Economic Growth In Nigeria – Impact Of Oil Industry. Economy is the backbone of any nation. By influencing the incentives to innovate, intellectual property rights protection may affect economic growth in important ways.

An important question for many countries is whether stricter enforcement of intellectual property is a good strategy for economic growth. Introduction.

Economic growth is important case

In this section, we review the studies that have previously estimated the impact of Brexit on the United Kingdom economy. Leaving the European Union is a . Abstract. This paper reviews the role of Research and Development in the economic growth.

The paper links back the story of economic growth to the studies of 17 th and 18 th century. The role of Research and development was confirmed in the models like Romer (), Romer (), Aghion & Howitt (), Grossman & Helpman () and Barro & Sala-i-Martin ().

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