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F585 - glossary
Fichas del conjunto (15)
- 1Capital intensive productionProduction of goods and services that requires a relatively high level of capital inputs such as machinery and technology compared to labour
- 2Development gainsBroadly based gains in economic and human development measured for example by real GNI per capita and advances in human development and reductions in multidimensional poverty
- 3Dualistic economic structureA dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different patterns of demand
- 4Dutch disease effectsWhen increasing revenues from exporting natural resources can lead to appreciation in a country’s exchange rate which has damaging effects on other tradable sectors of an economy such as manufacturing and services.
- 5Economic growthA sustained rise in real national output or a country’s productive potential
- 6Export diversityThe range of goods and services exported to other countries. Some nations have a high export dependency in primary commodities, others have achieved a higher export complexity across different sectors
- 7Foreign direct investment (FDI).Acquisition of a controlling interest in productive operations abroad by companies resident in the home economy. May involve creation of new productive capacity
- 8Gross National Income (GNI) per capitaThis is broadly the same as GDP except that it adds what a country earns from overseas investments and subtracts what foreigners earn in a country and send back home. GNI is affected for example by profits from businesses owned overseas and also remittances sent home by migrant workers. GN per capita = GNI / total population
- 9Human Development Index (HDI)HDI captures not only the level of income but also incorporates measures of health (life expectancy) and education (school enrolment and literacy rate).
- 10Inclusive growthGrowth where the benefits are spread across all sections of society - broad based growth, shared growth, and pro-poor growth
- 11Intra-regional tradeTrade in goods and services between countries of a certain region
- 12Natural resource curseWhen the development of many natural resource-rich countries does not benefit from extraction, and indeed may even decline
- 13ProductivityOutput per unit of input, e.g. labour productivity
- 14Social indicatorsMeasures of social development including progress in improving health and education outcomes and changing the final distribution of income and wealth as measured by the Gini coefficient.
- 15Tax / licensing regimeThe tax system applied by a national government to the exploration and extraction of natural resources
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- Fichas sobre F585 - glossary, creado por pw136375 el 11/03/2014.
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