Showing papers on "Real gross domestic product published in 1984"

Real gross product in OECD countries and associated purchasing power parities

Abstract: This report contains a new set of results on the levels of real per capita GDP and its main components in OECD countries in 1980, with estimates for later years upto 1984. Real per capita GDP is obtained by valuing the goods and services in different countries at a fixed set of prices, namely, the average prices prevailing at the time within the group of countries covered. This procedure is essentially the same as that used to measure volume changes over time within a single country when the fixed prices of some base year are used to compile expenditure or output series at constant prices. The international measures of real per capita GDP for different countries can therefore be interpreted in the same way as the volume indices which are used to measure real rates of growth within a single country. These international volume measures may be contrasted with measures of per capita GDP which are frequently obtained by converting data for different countries into a single currency ...

Economic Development of Singapore since Self-government in 1959

Abstract: Economic development refers to the growth in economic welfare, measured though inadequately, by the growth in per capita national income, if not also by the distribution of national income.

Socio‑Economic Progress In Indonesia Under The New Order: An Assessment

Abstract: It is commonly agreed that Indonesia under the New Order (that is, since 1965) has enjoyed rapid economic growth, providing a marked contrast to the disruptive years of the mid-sixties when per capita real income growth was slightly negative. Per capita real GDP growth peaked in the mid-seventies to an impressive 6 per cent per annum. Since then, aggregate growth has moderated somewhat, but a rate of 5 per cent per annum ? averaged over 1975-80 ? is still a respectable performance. All the major sectors ? including agriculture, which employs 56 per cent of the Indonesian labour force ? have shared in this aggregate growth.1 Despite this impressive macro-economic record, there is a well-entrenched view that the benefits of such growth have not been shared widely. The general drift of the argument appears to be that given the overall thrust of a development strategy in which military leaders and technocrats have free rein, in which there is ? or at least until quite recendy used to be ? active discrimination in favour of private foreign enterprise, in which there is a dependence on the oil sector and in which corruption and conspicuous consumption by the rich are rife, one would only expect government indifference towards the objectives of income redistribution and poverty alleviation ? the two fundamental ingredients of socio-economic progress.2 The primary purpose of this paper is to argue that such a view has probably paid too litde attention to the efforts of policy-makers towards socio-economic development. In order to substanriate this argument, the discussion will be organized as follows. Firsdy, the various development plans will be briefly analysed since they represent a readily accessible source of information on state policy towards socio-economic progress. Secondly, a concise assessment will be made of the impact of specific policy measures on income redistribution and poverty alleviation.