Singapore has a vibrant free-market economy, developing rapidly. On 22 February 2017, the Monetary Secretary, Paul Chan, unveiled in the 2017-18 Funds various measures to strengthen the competitiveness of the Hong Kong financial system and make Hong Kong an much more liveable city. The Government has set a objective to double the R&D expenditure as a percentage of GDP from 0.seventy three% to 1.5%. To strengthen Hong Kong’s status as a world monetary centre, the Authorities seeks to promote diversified development of the monetary market.
Right here, we replace our blog of July 2016 which, following the UK vote to go away the European Union, famous the fears for UK development as confidence fell sharply Consumer confidence is continuously identified by macro-economists as an important source of economic volatility. October: 5.7 percent – Folks returned to the labor power. June, July and August: The unemployment price was 4.9 %.
The Everyday Economist is a blog written by Josh Hendrickson, an Assistant Professor of Economics on the University of Mississippi. In these economically turbulent occasions, individuals around the globe are frightened, depressed, and fearful. Pro Tip: This is an unmissable blog for anyone all for real world implications of economics. Multiplier Effect is the blog of The Levy Economics Institute of Bard College, an economics research organization.
Final yr, GDP in China grew at an amazing fee, but now plainly the inflation is getting out of hand. This weblog add an financial evaluation to quirky topical information like why uber drivers are extra environment friendly than taxi drivers. As of December 2016, 1,002 mainland companies have been listed in Hong Kong, comprising H-share, purple-chip and private companies with total market capitalisation of round US$2 trillion, or sixty three% of the market complete.
The Mainland-Hong Kong Nearer Economic Partnership Arrangement (CEPA) was firstly concluded in 2003. These economics blogs cater to mostly particular matters in economics like econometrics, health or environment. Oweznzidar is the private blog of Owen Zidar, an Assistant Professor of Economics on the University of Chicago. J. Bradford DeLong was one of many first of the first economics bloggers and his continues to reflect that with a lot of hyperlinks.