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Economic Growth in The 1990s
Oleh:
Bowman, Charles T.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
BUSINESS ECONOMICS vol. 26 no. 4 (1991)
,
page 12-18.
Topik:
ECONOMIC
;
economic growth
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB20.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Since the end of world war II, the U. S. has witnessed two distinct periods of economic growth with the dividing line falling somewhere around 1970. In the first half of the period real GNP expanded at rates approaching 4 percent, driven in large part by the growth and a tremendous expansion of employment associated with the labor force entry of baby - boom cohorts and the rapid growth of female labor force participation. While employment growth has returned to more normal levels, the productivity slowdown remains a persitent featype of today's economy. Bureau of labor statistics (BLS) projection foresee a continuation of this basic pattern during the next decade, with GNP growth averaging around 2,5 percent and only a very modest upturn in productivity growth.
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