PRESS NOTE ON ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE FIRST QUARTER (APRIL - JUNE) OF 2024-25
GOVERNMENT OF INDIA· 2024-08-29 16:01
Economic Growth - Real GDP is estimated to grow by 6.7% in Q1 of FY 2024-25 compared to 8.2% in Q1 of FY 2023-24[2] - Nominal GDP growth rate is 9.7% in Q1 of FY 2024-25, up from 8.5% in Q1 of FY 2023-24[2] - Real GVA growth is 6.8% in Q1 of FY 2024-25, down from 8.3% in Q1 of FY 2023-24[2] Sector Performance - The Secondary Sector shows significant growth at 8.4%, driven by Construction (10.5%), Electricity, Gas, Water Supply & Other Utility Services (10.4%), and Manufacturing (7.0%)[2] - Nominal GVA growth for Q1 of FY 2024-25 is estimated at 9.8%, compared to 8.2% in Q1 of FY 2023-24[2] Expenditure Components - Private Final Consumption Expenditure (PFCE) grew by 7.4% and Gross Fixed Capital Formation (GFCF) by 7.5% in Q1 of FY 2024-25[2] - Net Taxes at Current Prices grew by 8.0% in Q1 of FY 2024-25, resulting in a 0.1% point gap between GVA and GDP growth rates[3] GDP Estimates - Real GDP at Constant Prices for Q1 of FY 2024-25 is estimated at ₹43.64 lakh crore, compared to ₹40.91 lakh crore in Q1 of FY 2023-24[4] - Nominal GDP at Current Prices for Q1 of FY 2024-25 is estimated at ₹77.31 lakh crore, up from ₹70.50 lakh crore in Q1 of FY 2023-24[4] Sectoral Composition - The sectoral composition of Nominal GVA in Q1 of FY 2024-25 includes Public Administration, Agriculture, and Services, with Services contributing 26%[6]
Nordic 150 2024
Brand Finance· 2024-08-29 00:48
Investment Rating - The report does not explicitly provide an investment rating for the industry or companies involved. Core Insights - Equinor has become the most valuable Nordic brand with a brand value of EUR15.6 billion, marking a 24% increase from the previous year, driven by rising revenues and a strategic shift towards renewable energy [19][20][21] - IKEA, which held the top position for 11 years, has dropped to second place with a brand value of EUR14.7 billion, reflecting a 4% decrease due to market challenges [19][20][21] - Volvo has re-entered the top three most valuable Nordic brands, with a brand value increase of 29% to EUR10.9 billion, attributed to its transformation towards sustainability and electric vehicles [21][22] - LEGO is recognized as the strongest brand in the Nordic region, achieving a Brand Strength Index score of 87.9 and a brand value increase of 3% to EUR7.4 billion [24][25] - Novo Nordisk has seen a significant brand value increase of 59% to EUR4.7 billion, driven by the demand for its diabetes and weight-loss medications [27] Summary by Sections Ranking Analysis - Equinor's brand value increased by 24% to EUR15.6 billion, surpassing IKEA, which decreased by 4% to EUR14.7 billion [20][21] - Volvo's brand value rose by 29% to EUR10.9 billion, reflecting its commitment to sustainability [21][22] - LEGO's brand value increased by 3% to EUR7.4 billion, maintaining its position as the strongest brand in the region [24][25] - Novo Nordisk's brand value surged by 59% to EUR4.7 billion, driven by strong demand for its medications [27] Brand Value Ranking - The top three most valuable Nordic brands in 2024 are Equinor (EUR15.6 billion), IKEA (EUR14.7 billion), and Volvo (EUR10.9 billion) [23][30] - The report highlights the significant changes in brand values and rankings compared to the previous year, with notable increases for Equinor, Volvo, and Novo Nordisk [23][30] Sustainability Perceptions - Equinor has the highest Sustainability Perceptions Value at EUR1.4 billion, indicating strong consumer consideration for sustainability in the oil and gas sector [30][31]
A Learning Agenda for Community-Driven Development
Shi Jie Yin Hang· 2024-08-28 23:03
Public Disclosure Authorized Policy Research Working Paper 10883 A Learning Agenda for Community-Driven Development Responding to Complex Contextual, Evaluation, and Inference Challenges Patrick Barron Patricia Fernandes Stephen Winkler Michael Woolcock Public Disclosure Authorized Public Disclosure Authorized Social Sustainability and Inclusion Global Practice & Development Research Group August 2024 Public Disclosure Authorized Policy Research Working Paper 10883 Abstract | --- | |------------------------ ...
Building Evidence to Enhance the Welfare of Refugees and Host Communities - Insights from the Kenya Longitudinal Socioeconomic Study of Refugees and Host Communities
Shi Jie Yin Hang· 2024-08-28 23:03
Public Disclosure Authorized Public Disclosure Authorized Building Evidence to Enhance the Welfare of Refugees and Host Communities Public Disclosure Authorized Insights from the Kenya Longitudinal Socioeconomic Study of Refugees and Host Communities Public Disclosure Authorized ORLD BANK Building Evidence to Enhance the Welfare of Refugees and Host Communities 2 Building Evidence to Enhance the Welfare of Refugees and Host Communities Building Evidence to Enhance the Welfare of Refugees and Host Communitie ...
Investing in Skills to Accelerate Job Transitions
Shi Jie Yin Hang· 2024-08-28 23:03
Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The paper emphasizes the importance of investing in skills to facilitate job transitions and structural transformation across various economies, highlighting the need for a balance between human capital and physical capital investments to achieve efficient labor market outcomes [6][19][38] Summary by Sections 1. Introduction - The introduction discusses the contrasting job outcomes in Vietnam and Indonesia despite similar investments in education, illustrating the critical role of labor market demand and complementary factors in determining job outcomes [17][18] 2. Human Capital and Structural Transformation - Skills accumulation is identified as a key driver of structural transformation, with evidence showing that increased education correlates with a decline in agricultural employment and a shift towards more skill-intensive sectors [21][22] - The report highlights that higher education levels are associated with better job transitions, with a significant portion of formal wage workers holding tertiary degrees [27][35] 3. Balancing Skills Supply and Demand - The report outlines the dynamics of education in the workforce and the returns to education, emphasizing that when human capital improvements are not matched by labor demand, returns to education decline [57] - Successful structural transformations are characterized by higher educational attainment levels at the onset compared to static periods, with significant differences in gross enrollment ratios across education levels [59]
Scaling innovation success via breakthrough innovation factory
理特咨询· 2024-08-24 00:53
VIEWPOINT 2024 S C A L I N G I N N OVAT I O N S U C C E S S V I A B R E A K T H R O U G H INNOVATION FACTORY AUTHORS Meeting the growing need to industrialize breakthrough innovation delivery Arnaud Siraudin Sandro Bacan Growing global mega challenges and rising competition mean that generating a steady stream of breakthrough innovations is central to organizational success. However, traditional corporate structures and capabilities are geared toward supporting incremental innovation programs, which require ...
Public Investment Quality and Its Implications for Sovereign Risk and Debt Sustainability
Shi Jie Yin Hang· 2024-08-23 23:03
Public Disclosure Authorized Policy Research Working Paper 10877 Public Investment Quality and Its Implications for Sovereign Risk and Debt Sustainability Amat Adarov Ugo Panizza Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Development Economics Prospects Group August 2024 Policy Research Working Paper 10877 Abstract This paper introduces a novel index to measure public investment quality, utilizing the World Bank's investment project performance data from 120 count ...
Making Waves – World Bank Group Support for the Blue Economy, 2012-2023 – An Independent Evaluation
Shi Jie Yin Hang· 2024-08-23 23:03
Public Disclosure Authorized Making Waves Public Disclosure Authorized World Bank Support for the Blue Economy, 2012–23 An Independent Evaluation Public Disclosure Authorized Public Disclosure Authorized © 2024 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org ATTRIBUTION Please cite the report as: World Bank. 2024. Making Waves: World Bank Support for the Blue Economy, 2012–23. Independent Evaluat ...
Impact of Out-of-pocket Health Payments on Poverty and Alignment of Public and External Health Financing in Guinea
Shi Jie Yin Hang· 2024-08-23 23:03
Public Disclosure Authorized 1 Public Disclosure Authorized Public Disclosure Authorized Impact of out-of-pocket health payments on poverty and alignment of public and external health financing in Guinea Health, Nutrition, and Population Global Practice Public Disclosure Authorized June 2024 © 2024 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of The World Ban ...
Review and Outlook
美联储· 2024-08-23 15:00
Economic Overview - The worst economic distortions from the COVID-19 pandemic are fading, with inflation significantly declining and the labor market cooling[1] - Inflation has risen 2.5% over the past 12 months, moving closer to the Federal Reserve's 2% target[3] - The unemployment rate is currently at 4.3%, nearly a full percentage point above early 2023 levels[4] Labor Market Dynamics - Job gains averaged 170,000 per month over the three months ending in July 2024, indicating solid but slowing employment growth[7] - The ratio of job vacancies to unemployment has returned to pre-pandemic levels, suggesting a normalization of labor market conditions[5] - Nominal wage gains have moderated, and the labor market is less tight than in 2019 when inflation was below 2%[5] Inflation Trends - Inflation peaked at 7.1% in June 2022, driven by supply chain disruptions and increased demand for goods[17] - The decline in inflation by 4.5 percentage points from its peak occurred alongside low unemployment, a historically unusual outcome[18] - The Federal Reserve raised its policy rate by 425 basis points in 2022 and an additional 100 basis points in 2023 to combat inflation[17] Policy Outlook - The Federal Reserve is prepared to adjust monetary policy in response to evolving economic data and risks to both inflation and employment[6] - Anchored inflation expectations, supported by strong central bank actions, can facilitate disinflation without requiring economic slack[20] - The current policy rate provides ample room to respond to potential risks, including further weakening in labor market conditions[8]