That is why Harvard's William Kirby, an expert on Chinese business, calls Alibaba a transformative firm — «a private company that has done more for China's national
economy than most state - owned enterprises.»
Not exact matches
Also,
most of what economists call «soft indicators» — which give a gauge of the
state of the
economy based on people's impressions and intentions rather
than hard data — are revealing.
I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher
than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced
economies always justify higher multiples
than developing
economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller
state sectors (which make smooth adjustment, one of the
most valuable and undervalued components of long - term growth, more likely).
Though California's overall
economy is less dependent on exports
than those of many
states, the California counties
most likely to be harmed by the potential emerging trade war with China include many that are already struggling economically.
In part, because the Australian financial system and
economy entered the turbulence in strong shape, it has been considerably less affected
than those in other countries,
most obviously the United
States.
In other words, from an America First perspective, efficiently allocating capital investment to create the
most value for the global
economy is less important
than bringing that investment into the United
States, even though it might be less productive here.
Instead, it reflects a tendency to respond to all economic data as if it is coincident (reflecting the current
state of the
economy) rather
than carefully distinguishing leading data — primarily new orders and order backlogs, from coincident data — primarily income and production, from lagging data — employment figures, particularly payrolls and the unemployment rate, which are essentially the
most lagging data series in economics.
The recent improvement has been broadly based, with firms in all
states and across
most industries reporting better conditions
than in the first half of the year; conditions are especially favourable in sectors with significant exposure to the domestic
economy.
Indeed, while international diversification is a sensible idea for
most U.S. investors, its benefits may be even more likely to accrue in the coming years, given that U.S. stocks are more expensive
than their international counterparts and the United
States» relative share of the global
economy is declining.
The United
States would not feel that it had to suppress revolutions such as the one in Nicaragua, and it is my opinion that if the Sandinistas has been assisted and encouraged, instead of forced to devote
most of their resources to defending themselves militarily, their government would have led to a Nicaraguan
economy that did much more for the masses of the people
than had ever been done before.
[NYDN] • The Sun pooh - poohed the idea that our economic situation was worth «Paterson's panic»: «It sounded as if New York was in the midst of a Great Depression rather
than a mere slowdown in what is, after all, one of the
most prosperous
states in one of the
most prosperous
economies in the history of the world.»
It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated
economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has
most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more
than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the
state of the local
economy.
For some, the
state of the
economy matters
most when it comes to presidential elections, perhaps more important
than tribe and ethnicity.
The United
States dropped four spots from last year and ranked much lower
than most places with a comparable
economy, largely due to declining life expectancy, rising suicide rates, a worsening opioid crisis, and greater income inequality.
The Alliance for Excellent Education presented sessions on the
most recent results from the Programme for International Student Assessment (PISA)-- a test of reading literacy, mathematics, and science given every three years to fifteen - year - olds in the United
States and more
than seventy countries and
economies worldwide — as well as a series of panel discussions on important lessons to learn from PISA 2015 and PISA's impact on the education systems of various countries, including the United
States.
WASHINGTON, DC — This morning, the Organisation for Economic Co-operation and Development (OECD) released the
most recent results from the Programme for International Student Assessment (PISA)-- a test of reading literacy, mathematics, and science given every three years to fifteen - year - olds in the United
States and more
than seventy countries and
economies.
The Hubler Auto Group can claim the title for selling more G.M. vehicles in the
State of Indiana
than any other dealer or group, and has earned the right to brag of having the largest and
most loyal customer Fuel
economy calculations based on original manufacturer data for trim engine configuration.
Usually a basic
economy fare will cost you 25,000 miles and up to 40,000 miles depending on if you fly during a peak travel time, but since I live in Alaska ticket prices are usually $ 200 + per ticket and 7,500 - 15,000 more in rewards miles
than in
most of the lower 48
states.
TreeHugger: With entire
economies based on selling oil and natural gas to fund massive, rapid growth and a per capita ecological footprint larger
than the United
States, the United Arab Emirates is currently one of the
most unsustainable places in the world.
Because of the
state of the
economy,
most job searches end up being significantly longer
than they used to be.