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It’s true there’s a historical correlation between security, prosperity and growth. Those were the days when “trickle-down” worked. It worked because the trickling down occurred through higher wages and better social services at the insistence of a strong labour movement when our media weren’t just corporate mouthpieces.
Tags » GDP
Properties in CMBS backed by 123 stores may be reappraised
Subordinated bondholders could lose control with lower value… 462 more words
Published in Open Democracy | Transformation, March 20, 2018.
It’s time to build a new worldview around a deeper sense of connectedness.
What do all these ideas have in common—a tax on carbon, big investments in renewable energy, a livable minimum wage, and freely accessible healthcare? 1,403 more words
Source: The Hindu Business Line, Mar 16, 2018
Mumbai: The current account deficit rose to 2 per cent of the GDP at $ 13.5 billion in the December quarter, up from $ 8 billion or 1.4 per cent in the year-ago period, on the back of higher trade deficit, shows the Reserve Bank data.The CAD, which shows the difference between foreign exchange earned and spent, stood at $ 7.2 billion or 1.1 per cent of gross domestic product (GDP) in the preceding September quarter, according to data released by the central bank today. 282 more words