Exact(60)
Overall corporate taxes as a share of GDP are hovering around one percent, the lowest share of GDP since World War II.
China and Japan, together 25% of global GDP, are slowing.
Annual forecasts of gross domestic product (GDP) are no help.
1. European GDP are to be released today at 10am.
QUESTION FROM BR: What level of reduction to GDP are the Chinese willing to consider/accept?
We know that per capita income and GDP are almost useless indicators of poverty reduction.
Across the rich world, debt levels approaching 90% of GDP are now common.
FALLS in real GDP are unfortunate, but a regular part of the economic cycle.
Subsidies for food and fuel, worth some 10% of GDP, are busting the budget.
Compared to other OECD countries, US outlays for social programs, as a percentage of GDP, are in the bottom tier.
This means that countries with the largest GDP are estimated to bear the highest cost of illiteracy.
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