This is about 0.3% of a single year's GDP and consists of largely recycled capital investment.
Typically, the debate on the point at which a country's debt burden spirals out of control has tried to identify a single debt-to-GDP threshold, above which things are no longer sustainable.
Yet it is the target for GDP, a single number planted halfway through the speech as if it is an afterthought, that will command by far the most attention.It was not always thus.
In this case we cannot use a single Gompertz curve because GDP per capita is not monotonically increasing.
Alesina and Ardagna, instead, consider a limit of 3 percentage points of GDP for a single year consolidation and cumulative changes in the CAPB that are at least 5, 4, 3 percentage points of GDP in, respectively, 4, 3 or 2 years, or 3 percentage points in one year.
Can Castile La Mancha really cut its deficit from 7.3% to 1.5% of regional GDP in a single year?
Even so, at the peak year of construction in 1847 the railways soaked up investments worth almost 7% of GDP in a single year.
This big share of GDP from a single mine will decline in 2010, when a massive hydroelectric project starts production and Laos becomes a big exporter of electricity.
Indonesia lost 13.5percentt of its Gross Domestic Product (GDP) in a single year.
Political scientist Raul Hinojosa-Ojestimatedathatthan amnestysimilarilar to 1986 would yield at least an added $1.5 trillion to GDP over a single decade.
