Macro Economics

1. Changes in gross domestic product of Maldives during the past 10 years.(10 marks) Real gross domestic product growth| | 2000| 2001| 2002| 2003| 2004| 2005| 2006| 2007| 4.8%| 3.5%| 6.5%| 8.5%| 9.5%| -4.6%| 18%| 7.2%| 2008| 2009| 2010| 2011*| | | | | 6.2%| -4.8%| 8%| 6%| | | | | *Estimate|  | 2005| 2006| 2007| 2008|  |  |  |  | Rev.Est. | meat receipts and grants | 34.7| 33.4| 23| 2.5| Total revenue | 13| 39.6| 23.5| 10.3| impose | 4.6| 37.6| 22.6| 16.8| Nontax | 20.6| 41.2| 25.1| 5| Grants 1/ | 1,031.10| 5.2| 20.4| -46.6| Expenditure and dismiss lending | 57.9| 22.8| 18| 19.4| Current expenditure | 66.5| 20.8| 17| 21.1| corking expenditure | 14.2| 28.8| 21| 14.4| Net lending 2/ | -40.1| 0.3| 5.4| 40.2| boilersuit deficit | 561.6| -24| -20.7| 222.6|  |  |  |  |  | unconnected financing | -41.8| 125.2| 16.2| 0.3| Domestic financing | -429.4| -67.3| -94.5| 9,587.00| neutralize in gross domestic product in 2 007 round fi nancial crisis which erupted in mature fi nancial markets in mid(prenominal) 2007 drop in gross domestic product in 2008 The Maldivian economy keep to expand although growth decelerated to 5.8 circumstances in 2008 from 7.

2 percent in 2007, largely cod to the slowdown in the tourism sector (which accounts for nigh deuce-ace of GDP) in the latter half of the year (Table 2 and graph 2). The fi sheries sector experienced a reduction in both total fi sh catch and the volume of fi sh exports during 2008. However, due to favourable globose tuna prices during the year, there was an incre ase in total fi sh export earnings.\ Meanw! hile, the lower in share of total revenue and grants as a symmetry to GDP from 48 percent of GDP in 2007 to 56 percent of GDP in 2008 refl ecting the unquestionable decline in disbursements of contrary grants and the decline in haunt lease rent, also contributed to the declination of the fi scal defi cit in 2008 The impact of the trade good price boom,...If you want to take aim a lavish essay, order it on our website: BestEssayCheap.com

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