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Author
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Topic: GDP Growth Rate Ceiling?
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J.P. Mg
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posted 4/28/04 10:10 PM
I am puzzled by the rational GDP growth rate. Why cannot a country has a GDP growth rate of more than 10% or even higher? Why it is dangerous? Is there any theory behind ? What is the ceiling of the GDP growth rate. Thanks a million. J.P. Mg.
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lola
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posted 5/13/04 4:02 AM
An outburst of economic growth has, among other negative effects, inflationary bias and promotes price level instability. HTH, lola-
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mdv
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posted 7/31/08 6:57 AM
China and India are stepping on that growth path.
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