Effects of Contractual Savings Scheme on Slovak National Economy

Abstract： Contractual savings scheme is specific purpose saving, which was provided in Slovakia since 1993. It is a state-supported saving, the purpose of which is to finance housing needs in the Slovak Republic. Savers can be an individual, association of owners or legal person who enters into a contract with building society or for whom the contract about contractual savings scheme is concluded. State bonuses is contractual savings scheme, a significantly more attractive form of targeted saving. This ensures the supply of investment in the construction sector, which in turn through multiplier effect significantly affects other sectors of the national economy. In this article, the authors deal with the influence of contractual savings scheme to the national economy of the Slovak Republic. The main objective of this study is describing the effectiveness of state bonuses for contractual savings scheme. It is simulated through the impact of contractual savings scheme on employment, on public funds and impact on public finances. This effect is illustrated on a model of state subsidizing of each one Euro spent through the state bonuses for contractual savings scheme and its impact for the national economy with offsetting the significant role of the multiplier effect.

Study on Contribution Degrees of Hubei Equipment Manufacturing Industry to the National Economy

The paper analyses and researches the contribution degrees of Hubei equipment manufacturing industry to the national economy. Using econometric methods, it carries out regression and empirical research, and finds that the contributions of Hubei equipment manufacturing industry to the national economy is very obvious in recent years, however there is plenty of room for development.

National Economy:Steady and Fast Growth in 2008

In the unusual and extraordinary year of 2008, under the correct leadership of the Central Party Committee and the State Council,the people of the whole country carried on a tenacious fight

National Economy Maintained a Steady and Fast Growth in 2007

In 2007, the national economy kept steady and fast growth with the features of rapid economic growth, optimized structure, increased efficiency and improved livelihood of the people.

Is the Long-term Economic Decline of the Philippines Unstoppable? Trends, Reasons, Outlook

The Philippines was in the 1960s a model of development in Asia and second to Japan,but occupies presently only the 11th position under South-East and East Asian countries in terms of GDP-per capita.The article explores why this important Asian country with a long colonial past and enormous economic potential still ranks under lower-income countries and has in the last decades let pass by many other Asian countries.In answering this question,the approach of external triggers for accelerated development is being applied.In stark contrast to the success stories of the strongly outward-looking Asian countries like the four Tigers,later of Thailand and Vietnam the Philippines never developed a vision of an open economy connecting pro-actively to the world markets.Trade is hampered by a non-competitive and highly protected national economy.The existing FDI is more oriented to the profitable local markets.Foreign debts were never effectively used and international tourism was never well promoted.Linking these failures to the existing power structures in the country,it seems very much that the backward forces like the big landowners,the local producers and industrialists never wanted and continue not to want to open up the economy to international competition and governments are complacent with these groups.Various indicators demonstrate the long-term decline of the Philippines:Among them the slow growth of the GDP and the continuously high poverty rates.As the alliance of big business and policy holds firm no change in the failing nationalistic economic model can be detected leaving the bleak outlook that the economic decline will continue.

The Problems of Sustainable Development in a National Level

The goal of the paper is to discuss the explanation of commonly accepted goal of economy in a national level and the problems which threaten the goal. Though the leading economists of the 20th century have strictly supported the necessity of close link between economics and morals, the mainstream economics mostly has regarded it as a problem of secondary importance. The paper discusses the deepest meaning of the generally accepted objective of economy--sustainable development, which necessarily should take into consideration the social dimension along with the economic and environmental. The different understandings of the wellbeing concept are considered and discussed, as it lies on the basis of the explanation of the goal--not any development, but development, which makes people happier. Next follows the discussion on the concepts of sustainability and its link with environment in a broader sense. It is followed by the discussion on the manipulations with human minds. The problem of the global and local economies is considered as a part of the discussion about the sustainability of economies of all levels. This leads to conclusions that social economics should be integrated in economic science as a substantial part. The idea of local economies is considered as an alternative to the present economic paradigm. The methodology of the conclusion making is based on qualitative historical analysis and empirical evaluation of the standpoints of the scientific discussion. The paper is mainly library-based. The ideas of world famous economists are taken from their own books in a printed form or that can be found in Internet. Conclusions are based on mainly qualitative comparison of the facts that arise from the theoretical discussion and empirical evidence of the study object manifestations in real life. Quantitative methods, briefly used, are basic econometrics--conventional correlation analysis, based on the statistic data of the World Bank. The scientific discussion has been approbated in students＇ audience in the study course of macroeconomics in BA School of Business and Finance, Riga, and Ventspils University College, and has been discussed in the fifth International Conference of Latvian Economic Association and Latvian Academy of Sciences.

A Holy Hall of Chinese Traditional Arts——Hong Bao Tang & Its Host Mr.Cheng Maoquan

The Chinese traditional cultures are es- sential part of the 5,000-year civilization of China.It has become more and more important how to pass on the quintessence of the Chinese traditional culture when the national economy is advancing by leap and bounds.

China＇s grain macroeconomic regulation and control strategy of economic strategy research

this article through to the national food security problems, and puts forward China＇s grain macro-control mechanism is to follow the food economic law, with the national food security as the foundation, the food economy structure adjustment as power, based on production and supply balance, trade and consumption balance, price and social grain total cost balance, grain reserves and the retaining rate balance four as the key point, establish and perfect the food security is the core of the production, processing, trade, reserve, consumption for control system, perfect the government macroeconomic regulation and control of the market, protect the food producers and consumers＇ vital interests, early warning and solving the international and domestic food crisis and risk, maintain food markets continue to stability and promote national economic security of food.

Under the Guidance of Macro-economic Regulation, the National Economy Had Developed in Sound Way and the Annual Tasks Are Hopeful to Be Fulfilled and Overfulfilled

The year 2004 will soon pass away. As shown in the macro-economic performance as a whole, the economic performance in the year was sound, smooth and steady. The target tasks determined at the beginning of the year are hopeful to be fulfilled and overfulfilled.In the period from January to November, the accumulative value added of the industrial enterprises above a certain scale totalled 4891.1 billion yuan, an increase of 16.8% as compared with the same period in the previous year. In November, the value added of these enterprises totaled 508.4 billion yuan, a year-on-year increase of 14.8%.

The National Economy Maintained a Steady and Fast Growth in 2007

In 2007,the national economy kept steady and fast growth with the features of rapid economic growth,optimized structure,increased efficiency and improved livelihood of the people. According to preliminary estimation,the gross domestic product (GDP)for the year was 24,661.9 billion yuan,up by 11.4 percent,or 0.3 percentage point higher than that in the previous year,represent-

Nation’s Economy Maintains Steady and Rapid Growth in the First Three Quarters

In the first three quarters, the nation’s economy saw a good momentum of steady and rapid growth.1. The nation’s economy registered steady and rapid growth. Preliminary estimates show that, the gross domestic product(GDP) totaled 10627.5 billion yuan, a year-on-year rise of 9.4 per cent, or 0.1 percentage point decline from the growth ofa year earlier. Of this total, the primary industry registered a value-added of 1351 billion yuan, up 5.0 per cent. The value-added of secondary industry totaled 6044 billion yuan, up 11.1 per cent, and that of the tertiary industry rose 8.1 per centto 3232.5 billion yuan.

The Forecasting of the Development of Postal Services

In this paper, the relationship between the development of national economy and the postal services isanalyzed. Using multivariate linear regress ion method we have established the forecast models of the developmentof postal services. The traffic volumes of postal services in China from year 2000 to 2005 are forecasted.It is veryuseful to guide the reform of structures and development of China Pose