Economic growth and the state of the economy

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Although economic growth rate gets undue weight in ordinary discourse, economists usually describe the macroeconomic health of a country by a number of macroeconomic indicators. These include investment, (un)employment, inflation, budget deficit, national debt, balance of payments, and international reserves.

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Off the mark: it’s not your money

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The acceleration of growth of national income of the country during the new millennium owes much to the large increase in inward remittances from its expatriate workers. These remittances have not only considerably raised the income of households, but also provided adequate foreign exchange to pay for our perpetual trade deficits and considerable foreign debt… Read more »

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