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The support that governments provide to their industrial producers has been a growing source of concern. Much of that support is provided by governments through the financial system, either in the form of below‑market borrowings or below-market equity. To better understand the nature and scale...
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The future of tourism will be impacted by large-scale social, economic, political, environmental and technological changes, bringing new and often unseen challenges, threats and opportunities. These “megatrends” are slow to form, but once they have taken root, exercise a profound and lasting...
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The household saving rate is defined as the share of household net disposable income that is saved. Household saving in the System of National Accounts (SNA) / European System of Accounts (ESA) system is defined as household net disposable income, less consumption, plus the change in net equity...
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Total fixed investment, also called gross fixed capital formation (GFCF), in real terms. It is defined as the outlays (purchases and own-account production) of industries, producers of government services and producers of private non-profit services to households, on additions of new durable...
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