Toa your naive African booty scratcher mentality hapa....So GDP Rebasing was wonderful when Tanzania did it lakini it’s a horrible sin if Ghana does the same?Is a GDP rebasing having to do with the real economic development? or is just a way of sugarcoating a norminal GDP to look good. Some scholars term it as window dressing.
Is GDP rebasing impact directly the living standard (welfare) of the citizens?
CC: Mkikuyu- Akili timamu
Toa your naive African booty scratcher mentality hapa....So GDP Rebasing was wonderful when Tanzania did it lakini it’s a horrible sin if Ghana does the same
Tanzania’s GDP expands by 32 pct after rebasing - officials | Reuters
Ghana rebased GDP was 25% bigger. 10% is only in your head.Ndio maana unaambiwa ni upuuzi tu,uchumi unatakiwa kukuzwa,kama rebasing inafanyika halafu changes ni 10% ni upuuzi mnafanya wala hakuna cha maana.
Toa your naive African booty scratcher mentality hapa....So GDP Rebasing was wonderful when Tanzania did it lakini it’s a horrible sin if Ghana does the same?
Tanzania’s GDP expands by 32 pct after rebasing - officials | Reuters
Rebasing is important although it does not increase capital expenditure or tax to GDP ratio. Even after rebasing a country continues to face the same problems like unemployment,How the GDP rebasing up lift the value of the real assets of the economy?? By real assets (for simplicity) we mean land, buildings, plants and machinery and knowledge that can be used to produce goods and services. So do these rise for about 32% (corresponding to rebase rise)? If not you have to agree with me on the so called "Window Dressing or Creative GDP".
Rebasing is important although it does not increase capital expenditure or tax to GDP ratio. Even after rebasing a country continues to face the same problems like unemployment,
Kindly elucidate its importance.
1. You get access to bigger loans.
may be, but what i know, the credits market access depends on country's real assets and creditwothiness. rebasing has nothing to do with the ability of the country to service loans. the creditors will not be looking on the rebased gdp figures, but the evidence which provides by rating firms (e.g. S&P, Moody's & Fitch).
This was what Kenyans too had wished for Tz, atleast to keep the people in power on their toes but that failed miserably now by siding with lowassa we looked liked an enemy yet we knw the fruits of breaking away from ccmNyie jamaa mna akili sana,mlistuka mapema sana na KANU mkaiweka kando!
It's unfortunate we are still in chains aisee!
Siku wanakosea hesabu zao tunakua free,aisee I will run naked from Dar to Nairobi and back!