Tag: GDP growth
Financial analyst James Stack predicted a collapse in the real estate market in 2008 and announced a slowdown in real estate last year. If there is a recession, there is a significant risk to property prices, said Stack in an interview with Bloomberg.
Serbia lacks investment from domestic businesses, and fixed assets are insufficient to provide stable, long-term growth. Growth in gross fixed capital formation in the H1’19 was 8.2 per cent, which was the main demand factor in stimulating the growth of GDP.
Monopolies using their market power to suppress competition and raise prices pose a genuine threat to GDP growth. They can hurt it as much as poor economic policy, says Professor Jonathan B. Baker from the American University Washington College of Law.
While the share of people working on weekends is growing in the European Union, in Poland more employees are taking the weekends off. Although, according to Eurostat, they find it more difficult to afford at least one week of holidays during the entire year.
If Poland continues catching up with Western Europe at a similar pace as now it could enter the group of the 20 most affluent countries in the world, the G20, before 2030 – says Piotr Arak, the Director of the Polish Economic Institute.