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China's Two Sessions, the economy and Hong Kong | Hellenic Shipping News Worldwide

China's Two Sessions, the economy and Hong Kong | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Hong-kong , Beijing , China , Chinese , Li-keqing , People-daily , National-party-congress , National-people-congress , Two-sessions , National-people , Chinese-people , Political-consultative-conference

M'sia needs to transform to break out of middle-income trap, says Muhyiddin

KUALA LUMPUR (Bernama): Malaysia needs to transform into a global exporting player, grow its manufacturing capabilities and create homegrown multi-national companies (MNCs) to break out of the middle-income trap, says Prime Minister Tan Sri Muhyiddin Yassin.
According to the prime minister, in the decade before the 1998 Asian Financial Crisis, Malaysia’s cumulative gross domestic product (GDP) growth stood at 8.4% annually, but had fallen to 4.6% in the following two decades since then.
"With productivity growth now stagnant, annual per capita income has stalled at about US$10,000 (RM40,683) for nearly a decade, suggesting Malaysia is ensnared in the middle-income trap, ” he said in his opening remarks at the virtual Youth Economic Forum 2021, themed "A Brave New World” Friday (March 5).

Kuala-lumpur , Malaysia , South-korea , Muhyiddin-yassin , Samsung , Youth-economic-forum , Hyundai , Prime-minister-tan-sri-muhyiddin-yassin , Financial-crisis , Brave-new , Economic-complexity-index , Youth-economic-forum-2021

Sy, A. (2020). Is Africa at a Historical Crossroads to Convergence Washington DC Africa Growth Initiative. - References

ABSTRACT: Until after the year 2000, there has been limited
economic growth in Sub-Saharan Africa. While several countries in this region
have attained middle-income status and are among the fastest-growing economies
globally, many others have stagnated and risk falling back to low-income level.
The paper aims to examine GDP per capita
economic convergence of 35 Sub-Saharan countries using a unit root
model. Second, we isolate countries showing good GDP per capita convergence and
reviewed each country to draw out common successful elements as lessons for
Zambia. Only six out of the sampled 35 countries have slightly converged
towards the United States of America. From the six countries’ in-depth review, three

United-states , Zambia , America , Brian-kapotwe , Middle-income-trap , Economic-growth , Modern-economy , Sy , A-2020-is-africa-ata-historical-crossroads-to-convergence-washington-dc-growth-initiative , ஒன்றுபட்டது-மாநிலங்களில் , சாம்பியா , அமெரிக்கா

Macalister, T. (2011). Background What Caused the 1970s Oil Price Shock London The Guardian. - References

ABSTRACT: Until after the year 2000, there has been limited
economic growth in Sub-Saharan Africa. While several countries in this region
have attained middle-income status and are among the fastest-growing economies
globally, many others have stagnated and risk falling back to low-income level.
The paper aims to examine GDP per capita
economic convergence of 35 Sub-Saharan countries using a unit root
model. Second, we isolate countries showing good GDP per capita convergence and
reviewed each country to draw out common successful elements as lessons for
Zambia. Only six out of the sampled 35 countries have slightly converged
towards the United States of America. From the six countries’ in-depth review, three

United-states , Zambia , America , Brian-kapotwe , Middle-income-trap , Economic-growth , Modern-economy , Macalister , T-2011-background-what-caused-the-1970s-oil-price-shock-london-guardian , ஒன்றுபட்டது-மாநிலங்களில் , சாம்பியா , அமெரிக்கா