vania-janet/multiturn-rag-retrieval-data huggingface dataset:
**Economy of the Bahamas**  The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth for many years, but the slowdown in the US economy and the attacks of September 11, 2001 held back growth in these sectors in 2001-03. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index)   ^] ^Downvote ^to ^remove ^| ^v0.21
&gt;Your exports are greater than your imports (at least relative to the US). This is going to have a significantly inflationary impact on your economy.  I did consider this, but I frankly don't understand. Exactly how and why does a strong economy mean higher prices?   Also, I presumed the reverse of your second point: that our minimum wage is 2x higher than America's because it would be totally and utterly impossible to live in this country on the American minimum wage
"Can anyone provide data regarding automobile sales, types of cars produced, and gains in employment as a result? I realize the post states ""The increase in auto production mirrors the growing strength of America’s manufacturing sector, which has added more than 700,000 jobs since early 2010."", but I am specifically asking for automobile industry employment. Increased automobile production does not necessarily signify a stabilizing economy or a positive economy."
"Funny how you're talking about short term economics while I'm talking long term projections. Sweden is on the verge of a housing bubble far worse than the one the US saw in 2008. O don't look at last year and the year before I look at what their policies are doing for the future. You're right I've never lived in Europe but countries with a 50% tax rate on income aren't the ideal situation to live just ask switzerland the most stable and consistent economy in all of Europe and arguably the world for the last decade +. Yes they have income tax but not at an outrageous rate and they also have market and personal freedom at level that shadows what we have here ""the land of the free"" switzerland actually follows our constitution better than our own government does. This country was founded on idea of freedom and states rights. Not an over bearing over reaching federal government. As far as comparing the government to your parents house, that's a comparison clearly made by a simpleton. Your parents role in your life is to teach you responsibility and give your life structure. The government's role is to serve you not steal from you. How did the US make it so long with an income tax?"
I did not single out Scandinavia. The person answering my original comment to this thread did.   The fact that economists view the structure of the US economy as different from other developed economies is a fact. I can give you quotes once I get back to my books at home.   Yes. Supply of work force drives wages. If you take a look at the original - Wealth of Nations by Adam Smith - he also states that the fluctuating death rates of the workers is a natural part of economic cycles. Yet we would view this as brutal today.   Most of the developed world views having an underpaid unregulated illegal service class as basis of the economy as brutal and a form of slavery.   The people also want to come to the EU. They flock to the EU in bigger numbers than to the US. They are risking their lives trying to get to Europe along various routes. They drown in the Mediterranean by the thousands. They succumb at Sahara. They are at the hands of Turkish and Serbian criminal people smuggling gangs trying to get to EU through Greece. They try to breach the fence in Ceula by mass runs.  You may have not noticed this in world news, but there has been a migration of historic proportions going on to the EU for quite some time.  So why isn't there this underpaid illegal unregulated service class?   You tell me. I would sincerely like to know.
I'm going to guess that now you're going to explain how you shouldn't add up these percentages. That is most certainly wrong. The reason is that countries aren't going to agree on an order in which to tax a company. It wouldn't go like: well UK taxes first then Germany will tax whatever is left in net profits. Why the hell would Germany agree to that? They would each want their percentage of the *untaxed* pie.
"Yes and no.  Losing high-paying jobs to other countries does take money out of the economy.  I have read a few times that this is a small contribution to the hard times ""Main Street"" is currently going through.  Compared to the 2008 crisis and its effects, this is probably fairly small but is still a negative influence on the economy.  If the outsourcing continues unabated, I believe the effects on both the economies and competitiveness of the western nations will become more pronounced.  However, I do see the pendulum swinging back so we'll get back some (but not all) of the lost jobs and wages.  Where we'll land I can't dare predict.  This is just my opinion, of course.  Swing by for a beer someday and we can talk some more :)"
The total value of the stock market more or less tracks the total value of the companies listed in the stock market, which is more or less the total value of the US economy (since very few industries are nationalized or dominated by privately held companies). The US economy has consistently grown over time, thanks to the wonders of industrialization, the discovery of new markets, new natural resources, etc.  Thus, the stock market has continued to grow as well. Will it forever?  No.  The United States will not exist for ever.  But there's no obvious reason it won't continue to grow, at least for a while, though of course if I could accurately predict that I would be far richer than I am. Why do other countries not have the same result?  China is its own ball of wax since it's a sort-of-market-sort-of-command economy.  Japan has major issues economically right now and doesn't really have the natural or people resources; it also had a huge market bubble a while back that it's never recovered from. And many European countries are doing fine.  German's DAX30 index was at around 2500 in 2004 and is now at nearly 13000.  That's pretty fast growth. If you go back further (there was a crash ending in around 2004), you can see around the fall of the Berlin wall it was still around 2000; even going that far back, that's about an 8% annual bump.  The FTSE was also around 2000 back then, around 8000 now, which is around 5% annual growth.   Many of these indexes were more seriously hurt than the US markets in the two major crashes of this millenium; while the US markets fell a lot in 2008, they didn't fall nearly as much as many smaller markets in 2002, so had less to recover from.  Both DAX and FTSE suffered similar falls in 2002 to 2008, and so even though during good periods they've grown quite quickly, they haven't overall done as well as they could have given the crashes.
"LOL!!!! A BBC report about ""hate crime"" only listing attacks on migrants, but does not list attacks on Germans.  **Bottom line: Germany needed those migrants like it needed a bullet in its head. Meanwhile, Japan, Poland, Hungary, Norway, etc have not issue to deal with and they are doing just fine.**"
Haha, you are aware that there are articles you can read if you click those links right?  My impression after reading the articles and another posted yesterday about German automakers isn't that it was something forced by the unions, but more of an agreement reached between the unions and VW.  Unions and management in Germany don't have quite the adversarial mindset that exists in the US, so they're a lot more likely to make concessions on either side, but it usually benefits people other than the executives since there's so many more of them.
To make matters worse, if high debt levels generate financial distress costs for the economy -- as already seems to be happening -- the amount that must be reversed will substantially exceed the original boost. Once credit is under control, China will have lower but healthier GDP growth rates. If the economy rebalances, most Chinese might not even notice: It would require that household income -- which has grown much more slowly than GDP for nearly three decades -- now grow faster, so that the sharp slowdown in economic growth won't be matched by an equivalent slowdown in wage growth. Clear thinking from leading voices in business, economics, politics, foreign affairs, culture, and more. Share the View Enter your email Sign Up But to manage this rebalancing requires substantial transfers of wealth from local governments to ordinary households to boost consumption. This is why China hasn't been able to control credit growth in the past. The central government has had to fight off provincial ""vested interests,"" who oppose any substantial transfer of wealth. Without these transfers, slower GDP growth would mean higher unemployment. Whether regulators can succeed in reining in credit creation this time is ultimately a political question, and depends on the central government's ability to force through necessary reforms. Until then, as long as China has the debt capacity, GDP growth rates will remain high. But to see that as healthy is to miss the point completely."
They list the latest releases on the home page that I previously linked to. For the sake of keeping this question short, I'm lumping the rest of the world into this paragraph. Data for many other countries is maintained by their governments or central banks in a similar fashion. The World Bank's databank also has relevant data like Gross National Income (GNI), which isn't identical to GDP, but it's another (less common) macroeconomic indicator. You can also look at the economic calendar on livecharts.co.uk or xe.com, which list events for the US, Europe, Australasia, and some Latin American countries. If you're only interested in the US, the Bloomberg or Yahoo calendars may have a higher signal-to-noise ratio, but if you're interested in following how global markets like currency markets respond to new information, a global economic calendar is a must. Dailyfx.com also has a global economic calendar that, according to them, is specifically geared towards events that affect the forex market. As I said, governments and central banks compile a lot of this data, so to make searching easier, here are a few links to statistical agencies and central banks for major countries. I compiled this list a while ago on my personal machine, so although I think all the links are accurate, leave a comment if something isn't quite right. Statistics Australia / Brazil / Canada / Canada / China / Eurostat / France / Germany / IMF / Japan / Mexico / OECD / Thailand / UK / US Central banks Australia / Brazil / Canada / Chile / China / ECB / Hungary / India / Indonesia / Israel / Japan / Mexico / Norway / Russia / Sweden / Switzerland / Thailand / UK / US
Zurich has private banking, Singapore has commodities trading, London has EU passporting rights... unless London becomes a major physical trading city or Zurich decides to move to London there is nothing really too feed all those banks. Germany and France have absolutely no incentive to give London passporting rights, they eagerly want Londons tax revenue. you might not have an inclination but that won't be up to you. People can and will move.
"I dunno about the economic miracle, to be honest. Count me among the skeptics. China seems like they're in the position to have the government build dozens of ""cities"" and artificially inflate economic data. If they cooked their books, no one would know the difference since I'm unaware of any reliable source or organization that would have the necessary access to their records.  Edit: Instead of just downvoting, please respond with some sort of rebuttal."
Ich war lange auf der Suche nach einem Pflegedienst zur Tagespflege meiner Eltern in Hamburg und habe viele Services analysiert. Der hier ist mir bisher am besten aufgefallen, weil wir einen Migrationshintergrund haben und dieser Dienst genau dafür gedacht ist. Hier sind ein paar Bookmarks vom AKS Pflegeteam.
For two reasons primarily:  For one, it is very simply because China is at a different stage in its economic development than the USA. That is just a fact.  Secondly and more verbosely, the nation of China is experiencing predictable short-term gains that are primarily the result of modernization in best practices, technical skills, and equipment. The reality of the Chinese economy is that it is mostly fueled by a global need for cheap labor and a lot of it. This is thrusting many of China's still 3rd world citizens into modern era industry and production through the many nationalized development and relocation projects taken on by the government. These base realities of Chinas 'economic development', when set against any relevant metric, are in no way indicative of economic success.   If anything, the growth China is experiencing underscores the ever-present reality and impact of capitalistically driven market-based economies. In the short term, the nation will have increasing challenges appeasing and suppressing the nation's workforce as workers fight for improved workers rights/conditions. In the long-term, the nation/government will struggle with managing and planning the nation's inevitable transition into a market-based consumer economy as all those workers, in turn, spend their newly acquired wealth. In all truth, the Chinese government is almost singularly driving growth by sacrificing untold amounts of money and Chinese lives to advance an agenda that increases domestic production and attempts to modernize the largely 3rd world population into the 21st century.  *As a final note. The nations concerning disregard in the pursuit of modernizing its workforce and domestic production can best be classified as a series of human rights violations. Especially when considering the impacts and conditions for many in Chinas workforce.*
The debt is owed to banks.  So, until people get control of the banks and cease to let banks control the government the answer is no.  There are systems in which the currency could be issued by government or in the name of the people, which would not necessitate increasing indebtedness to banks to increase money supply to support a growing economy.  As currencies now stand, we are paying a tax to banks in the form of debt for the growth of the economy.  The faster an economy grows, the greater the debt.  In addition, when an economy shrinks in a recession, the debt does not shrink and becomes more burdensome, stifling its ability to recover.  If currency were an asset it would shrink with the economy and pose no burden to its recovery.
"Japan doesn't ""need money"", it is a currency supplier in a floating exchange rate system.  It can make as much as it needs with the press of a key, and it has been.  It's also been constantly defying the expectations of inflation reactionaries, despite its huge deficit."
Actually, in Germany people still go and buy books in stores.  Small stores, too.  They have nice and educated people there.  It's a pleasure going there, and you get the book there next day when you are in town again anyway.  The best kind of old fashioned I have met yet.
"The business community is not investing, but the government is spending, said Peter Schiff, chief executive of investment firm Euro Pacific Capital Inc. ""When you break it down, the lion's share of the growth is coming from government spending.""  Government spending increased 9.6% in the third quarter from the previous three-month period, the first such increase since 2010. The driver was federal defense spending, which was up 13%, the biggest jump since the second quarter of 2009.  http://www.latimes.com/business/la-fi-gdp-economic-growth-20121027,0,1713240.story"
Our consultant driven economy has removed all robustness from the economy.  Their drive for efficiency has produced an incredibly fragile economy.  Corporations are not suppose to retain any redundancy.  They force this on subcontractors.  As a result there are no trained and ready workers to step in as boomers retire.  The tendency to rely on H-1B has caused young workers to avoid any field where they are likely to be replaced by foreign workers.  Now that foreign workers are finding things better at home we have giant holes in the economy.
Wikipedia's article on the Parable of the broken window mentions that Keynesians would argue that broken windows can be useful in depressed economies. I think Japan's economy was somewhat depressed, so if it applies anywhere, it'd apply in this scenario.
For press releases about economic data, the Bureau of Economic Analysis press release page is helpful. Depending on the series, you could also look at the Bureau of Labor Statistics press release page. For time series of both historical and present data, the St. Louis Federal Reserve maintains a database such data, including numerous measures of GDP, called FRED. They list nearly 15,000 series related to GDP alone. FRED is extremely useful because it allows you to make graphs that indicate areas of recession, like this: On the series' homepage, there's a bold link on the left side to download the data. If you simply need the most recent data, it's listed below the graph on that page. If you're interested in a more in-depth analysis, you can use the Bureau of Economic Analysis as well, specifically the National Income and Product Accounts, which are most of the numbers that feed into the calculation of GDP. FRED also archives some of these data. Both FRED and the BEA compile data on numerous other economic benchmarks as well. Other general sources for a wide range of announcements are the Yahoo, Bloomberg, and the Wall Street Journal economic calendars. These provide the dates of many economic announcements, e.g. existing home sales, durable orders, crude inventories, etc. Yahoo provides links to the raw data where available; Bloomberg and the WSJ provide links to their article where appropriate. This is a great way to learn about various announcements and how they affect the markets; for example, the somewhat disappointing durable orders announcement recently pushed markets down a few points. For Europe, look at Eurostat. On the left side of the page, they list links to common data, including GDP. They list the latest releases on the home page that I previously linked to. For the sake of keeping this question short, I'm lumping the rest of the world into this paragraph. Data for many other countries is maintained by their governments or central banks in a similar fashion. The World Bank's databank also has relevant data like Gross National Income (GNI), which isn't identical to GDP, but it's another (less common) macroeconomic indicator.
It is interesting to consider the Netherlands which is part of the Euro zone. Germany uses 1 and 2 cent coins. Adjacent is the Netherlands where items remain priced to the cent but cash totals are rounded to the nearest 5c so 1 and 2c coins are out of circulation.
Hurricanes are not good for the economy. They might be good for GDP, but GDP is not a good measure of the economy in cases of natural disasters.   [The increase in GDP is due to rebuilding and replacing things that existing prior to the disaster](http://www.marketwatch.com/story/no-hurricanes-are-not-good-for-the-economy-2017-08-28). There is no increase in the size of the economy or improvements in living standards. Also see: [the parable of the broken window](http://www.investopedia.com/ask/answers/08/broken-window-fallacy.asp) for why disasters are not good for the economy.
When I say the economic rich, I'm referring to those businesses that do not lean on government for their income. They may lobby, and they may do business with government, but they would be profitable with or without government.   A good example is Amazon, a bad example is Lockheed Martin.
You can invest in a couple of Sharia-conform ETFs which are available in Germany and issued by Deutsche Bank (and other financial institutions).  For instance, have a look at these ETFs: DB Sharia ETFs In addition, Kuveyt Turk Bank aims to become Germany's first Islamic bank offering Sharia conform investments (Reuters).
Live where you live now untill your kids are about to go to college. Then move to Germany and send your children to college for FREE. The german universities may be not in the top 10 of the world (THE), but are still competitive enough on a worldwide scale. Also, if your children excell at college, it should not be a huge problem to transfer them to the top universities in the UK or US (with scholarships from Germany). In addition, your children can go on a exchange to other universities for a couple of months or multiple years, fully funded by the European Union or the german universities.
Aside from the fact that you could now get spam calls and mailings, nothing negative at all. With your account number, anyone can send you money (which you probably wouldn't mind), but otherwise, no access is possible. In Germany, every company and many people publish their account number, so they can receive payment. Every invoice contains address, phone number, and account numbers of the company that bills you, so you are able to send them money to pay the invoice. Nobody can access the money or details of your account with only the name and number; it needs your online login user id and password, or your (government issued) ID to do so. You don't need to worry at all.
I omitted Germany and France because they are in fact doing well.  But I am not going to say someone is healthy just because their lungs are fine but they are suffering from stomach cancer.  Finland and Denmark can not be compared to the US in any meaningful way as most of our states have higher populations than their entire country.  Hell, we have cities that have a higher population than their entire country.
A currency that is strong right now is one that is expensive for you to buy. The perfect one would be a currency that is weak now but will get stronger; the worst currency is one that is strong today and gets weak. If a currency stays unchanged it doesn't matter whether it is weak or strong today as long as it doesn't get weaker / stronger. (While this advice is correct, it is useless for investing since you don't know which currencies will get weaker / stronger in the future).  Investing in your own currency means less risk. Your local prices are usually not affected by currency change. If you safe for retirement and want to retire in a foreign country, you might consider in that country's currency.