OECD's OECD Economic Surveys 2004: United States PDF


This Oecd financial Survey of Indonesia examines contemporary monetary advancements, regulations and customers. unique chapters conceal inclusive and sustainable development; and average resources.

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They both avoid full liberalisation in sugar and the former in clothing as well. Negotiations are still underway with Morocco, Panama and the Dominican Republic, and are imminent with the Southern African Customs Union and four Andean nations. Despite these © OECD 2004 Sustaining strong growth and social cohesion: key challenges 49 bilateral developments, US officials have not given up their hopes to have a Free Trade Area of the Americas (involving 34 countries) in place before mid-2005 when fast-track authority expires, arguing that narrower agreements will buttress and not undermine such plans.

But there are other important challenges, such as those in the human capital development, environment and social areas, which are briefly addressed at the end of this chapter, having been covered extensively in previous Surveys. 1. Coping with the external deficit The current external account, which had basically been in a slight surplus position since the late nineteenth century, has displayed substantial deficits over most of the past 20 years. At around 5 per cent of GDP in 2003, the current account deficit reached the highest level ever recorded, although it declined somewhat over the course of the year.

1. Jobless recoveries The two most important sources on aggregate US employment data are the Current Population Survey (informally known as household survey) and the Current Employment Statistics Survey (commonly referred to as the establishment survey). The household survey, which is conducted monthly by the Bureau of Labor Statistics (BLS) and the Bureau of the Census, is based on a random sample of about 60 000 households. e. how many persons are currently employed, are searching for but unable to find employment, or are neither working nor looking for work.

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