Reducing poverty in developing countries has been a longstanding and central concern of development economics. Over the past two decades, there has been a noticeable shift in the approach taken by development economists to address this question. Researchers have increasingly focused their efforts on
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The Congressional Budget Office (CBO) projects that the United States Government Budget deficit will be $1 trillion in 2020, which would represent 4.6 percent of Gross Domestic Product (GDP). This would be more than a 40 percent increase in the budget deficit as a percent of GDP from 2016 when the $587
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The growth of Gross Domestic Product (GDP) is one of the most visible measures of economic performance. There are concerns with GDP as a measure of well-being: for example, it does not include non-market production that people value (such as parents caring for children or charitable work) nor does it
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President Trump has made reducing the trade deficit one of his economic goals. And two of his top administration picks, Peter Navarro, who is slated to lead a new White House office on trade, and Secretary of Commerce nominee Wilbur Ross, have publicly stated that reducing the "trade deficit drag" would
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