This study looked at the impact of the Nigerian stamp duty tax on the growth of the economy.Time series data were employed spanning the years 1999-2020.For various years,related data were extracted from the Central Ba...This study looked at the impact of the Nigerian stamp duty tax on the growth of the economy.Time series data were employed spanning the years 1999-2020.For various years,related data were extracted from the Central Bank of Nigeria Statistical Bulletin,the Bureau of National Statistics,and Federal Inland Revenue Service reports.E-view 9.0 was used to test the hypothesis using the ordinary least square.The study outcome revealed that stamp duty has an insignificant and positive impact on Nigeria’s economic growth.It was recommended that the government improve public entities and provide strong government investment as a source of domestic revenue generated from various business activities.展开更多
Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we...Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we have to look at the past 30 years of China’s development, and how it has become an important force in the world economy. Whether展开更多
It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced tec...It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.展开更多
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.
At first glance, the official figures of China's oil consumption in 2005 seem a bit confusing. With a robust economic growth and rising annual oil imports, China made the surprise announcement that its oil consump...At first glance, the official figures of China's oil consumption in 2005 seem a bit confusing. With a robust economic growth and rising annual oil imports, China made the surprise announcement that its oil consumption growth rate was dropping sharply, from 15.3 percent in 2004 to 2.1 percent in 2005. Earlier, China's Ministry展开更多
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,t...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-展开更多
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 produc...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.展开更多
Based on global data of 144 countries,this paper uses a panel data model to analyze the growth effect of capital-account opening.Furthermore,through the comparison of regressions of different income level,this paper a...Based on global data of 144 countries,this paper uses a panel data model to analyze the growth effect of capital-account opening.Furthermore,through the comparison of regressions of different income level,this paper also discusses the threshold effect and mechanism of capital-account opening.The empirical results show that,in the case of complete sample,capital-account opening has a negative effect on economic growth.However,according to the regressions of different income level,the income of 4500 dollar can be viewed as a dividing line,above which,capital-account opening does have a positive effect on economic growth.Furthermore,the results also imply that,it is through capital accumulation and deepening that capital-account opening influences economic growth.展开更多
In the year 2019, all the main economies in the world are relaxing monetary policy. The sluggish growth of the world economy presents a general slowdown in the growth of all types of economies. The International Monet...In the year 2019, all the main economies in the world are relaxing monetary policy. The sluggish growth of the world economy presents a general slowdown in the growth of all types of economies. The International Monetary Fund predicts that the global economic growth rate will be about 3% in 2019, 0.6% lower than that in 2018, the lowest level since the international financial crisis in 2008.展开更多
文摘This study looked at the impact of the Nigerian stamp duty tax on the growth of the economy.Time series data were employed spanning the years 1999-2020.For various years,related data were extracted from the Central Bank of Nigeria Statistical Bulletin,the Bureau of National Statistics,and Federal Inland Revenue Service reports.E-view 9.0 was used to test the hypothesis using the ordinary least square.The study outcome revealed that stamp duty has an insignificant and positive impact on Nigeria’s economic growth.It was recommended that the government improve public entities and provide strong government investment as a source of domestic revenue generated from various business activities.
文摘Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we have to look at the past 30 years of China’s development, and how it has become an important force in the world economy. Whether
文摘It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.
文摘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.
文摘At first glance, the official figures of China's oil consumption in 2005 seem a bit confusing. With a robust economic growth and rising annual oil imports, China made the surprise announcement that its oil consumption growth rate was dropping sharply, from 15.3 percent in 2004 to 2.1 percent in 2005. Earlier, China's Ministry
文摘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-
文摘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.
文摘Based on global data of 144 countries,this paper uses a panel data model to analyze the growth effect of capital-account opening.Furthermore,through the comparison of regressions of different income level,this paper also discusses the threshold effect and mechanism of capital-account opening.The empirical results show that,in the case of complete sample,capital-account opening has a negative effect on economic growth.However,according to the regressions of different income level,the income of 4500 dollar can be viewed as a dividing line,above which,capital-account opening does have a positive effect on economic growth.Furthermore,the results also imply that,it is through capital accumulation and deepening that capital-account opening influences economic growth.
文摘In the year 2019, all the main economies in the world are relaxing monetary policy. The sluggish growth of the world economy presents a general slowdown in the growth of all types of economies. The International Monetary Fund predicts that the global economic growth rate will be about 3% in 2019, 0.6% lower than that in 2018, the lowest level since the international financial crisis in 2008.
