Tag - gdp

 
 

GDP

BUSINESS / Economy
Jul 22, 2014
Fiscal '14 growth forecast cut to 1.2%
The government on Tuesday cut its forecast for economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike — the first in 17 years — may continue to weigh on domestic demand.
BUSINESS / Economy
Jul 11, 2014
Third-quarter growth may pave way for second stage of tax hike
The economy is likely to grow between July and September at a pace consistent with plans to complete the doubling of the consumption tax to 10 percent in October 2015, a government-affiliated nonprofit group said in a survey.
BUSINESS / Economy
Jun 9, 2014
GDP up sharply in first quarter, toward 7% annual rate
Japan's economy grew an annualized 6.7 percent in the first quarter of 2014 when adjusted for inflation, more than reported earlier because of an upwards revision in corporate capital spending, the government said Monday.
COMMENTARY / World
Jun 3, 2014
Sex and drugs to be counted in Europe's GDP
In the next few months all EU countries that do not already include illegal and gray-market businesses in their gross domestic product calculations will have to do so. After all, there is no substantive difference between the services of a prostitute and a corrupt bureaucrat.
BUSINESS / Economy
Jun 2, 2014
Capital spending logs 7.4% first-quarter jump
Capital spending jumped 7.4 percent in the January-March quarter compared with a year ago to log the sharpest rise in nearly two years, as Japan Inc. beefed up investment ahead of the first consumption tax hike in 17 years.
EDITORIALS
May 22, 2014
Risks for the economy
Japan's gross domestic product for January-March increases by a higher-than-expected 1.5 percent from the previous quarter, driven partly by last-minute purchases by consumers ahead of the three-percentage-point hike in the consumption tax April 1.
COMMENTARY / World
May 19, 2014
The gap in GDP wellbeing
The link between economic growth and human wellbeing seems obvious. As measured by gross domestic product, economic growth is widely viewed as the ultimate development objective. But it is time to rethink this approach.
COMMENTARY / World
May 18, 2014
China plays down GDP size
China's government does not sound comfortable with new World Bank figures indicating that China will overtake the U.S. this year and become the No. 1 economy.
Japan Times
BUSINESS / Economy
May 15, 2014
GDP jumps to 5.9% on tax hike in first quarter
The Japanese economy climbed to its fastest pace since 2011 as companies invested more and consumers raced to beat the first tax hike in 17 years.
BUSINESS / Economy
Apr 24, 2014
Biz tax cut would lift GDP: METI
Japan's gross domestic product would likely grow by at least ¥7 trillion if the effective corporate tax rate were to fall by about 10 points from the current level of around 35 percent, the industry ministry said in a recent survey.
WORLD / Society
Apr 3, 2014
New Zealand tops world social index; Japan leads in health
Japan leads the world in health and wellness in a new global index that ranks countries by social and environmental performance.
Japan Times
BUSINESS / Economy
Mar 10, 2014
Fourth-quarter GDP cut to 0.7%
The nation's economic growth was slower than initially estimated in the fourth quarter of calendar 2013, the government said in a revision Monday, adding to concern the economy may retreat at a faster pace after the April 1 consumption tax hike.
BUSINESS / Economy
Mar 3, 2014
Business investment up for third straight quarter
Capital spending by companies rose for the third straight quarter during the October-December period as growth in corporate profits on the back of the yen's slide prompted businesses to bolster investment, the government said Monday.
BUSINESS / Economy / JAPANESE PERSPECTIVES
Mar 1, 2014
Economic figures reveal more than you see
The Cabinet Office's Economic and Social Research Institute on Jan. 17 released the finalized figures on the country's economy's stocks (the net value of accumulated assets at a balance date) and flows (net transactions, including income and expenditure, during an accounting period) that were recorded...
BUSINESS / Economy
Feb 24, 2014
Narrowing of 'GDP gap' for fourth straight quarter bolsters inflation hopes
Japan's gross domestic product gap in the October-December 2013 quarter narrowed for the fourth consecutive quarter, indicating the economy is moving closer to ending deflation, the Cabinet Office said Monday.
EDITORIALS
Feb 19, 2014
Data highlights fragility of recovery
The uptick in Japanese consumer spending in the fourth quarter of 2013 should be regarded as a result of the rush to make purchases before the consumption tax rises from 5 to 8 percent, beginning in April, rather than as an optimistic sign of economic recovery.
Japan Times
BUSINESS / Economy
Feb 17, 2014
GDP growth sags below forecasts
Japan's economy grew at a feeble annualized rate of 1 percent in the October-December quarter, underscoring risks to the recovery, a preliminary report says.
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 3, 2014
Economy faces headwinds in 2014
The first stage of the sales tax hike next April will likely put a major drag on growth this year, although the nation will avert an outright recession, economists say.
BUSINESS / Economy
Dec 9, 2013
GDP cut to just 1.1% growth for 3rd quarter
The economy expanded at a slower pace than initially estimated in the third quarter, sparking concern that "Abenomics" is failing to help the nascent recovery gain momentum, the government said Monday.
COMMENTARY / World
Dec 5, 2013
Economics that aids people
Confronted with a worldwide, systemic economic crisis, isn't it time we rethink the foundation of mainstream economic theory and move to change the way we measure the quality of life for mankind?

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