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Since 2001 Africa's GDP has expanded more quickly each year than the global average.
Imports have risen fourfold over the past four years, while GDP has expanded by only half over the same period.José Manuel Puente, an economist at IESA, a business school in Caracas, sees four warning lights for the economy: oil output, inflation, fiscal problems and a growing shortage of dollars.
In response to the 2003 tax cuts on income, dividends and capital gains, the U.S. GDP has expanded by an amount greater than the size of China's economy.
Similar(57)
Official figures in late August confirmed initial estimates that GDP had expanded by 3.0% in the year to the second quarter.
Foreign observers such as Daniel Wagner have correctly highlighted the economic achievements of the country in recent years, particularly under the Aquino administration: Annual Gross Domestic Product (GDP) growth rates have averaged at around 6%, foreign exchange reserves (minus gold) have doubled, and the GDP in purchasing power parity has expanded by almost 23%.
America's GDP grew in the third quarter, the first time its economy has expanded in more than a year.
In the past ten years, China's M2 (a broad measure of money supply) has expanded at the average rate of 18.8% a year, far above what it needed to sustain its GDP growth.
Its system has expanded rapidly.
The group has expanded fast.
Hargeisa has expanded even faster.
The town has expanded.
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