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-being; gross fixed capital formation reflecting investment; and price level indexes showing relative cost of living by country. …
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The Quarterly Economic Update (QEU) provides a comprehensive and updated analysis of the recent economic performance of Sri Lanka. The QEU for July 2012 highlights the expected economic slowdown in 2012. With inflation trending up, monetary tightening is expected to continue for a longer period....
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This paper considers unit labor costs (ulcs), i.e., the ratio of the wage rate to labor productivity, as the indicator of competitiveness in the Philippines. It is shown that ulcs have an interpretation from the point of view of the functional distribution of income (i.e., the distribution of...
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investment drop-off, in particular competitive pressures from the People's Republic of China and heightened risk and uncertainty …A key legacy of the Asian financial crisis of 1997-1998 is a sustained drop-off in the investment rates of East Asian … countries that were hardest hit by the crisis. We first review the stylized facts of investment in those countries, and then …
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