Grenada has a largely tourism-based, small, open economy.

Grenada ’ s economy is vulnerable to external shocks considering its high dependence on tourism, exports, and imports of most of the goods that are consumed or invested domestically.

In the context of regional economic development, further integration into the Eastern Caribbean regional economy will help enhance Grenada ’ s competitiveness and increase its scale of economy in production, marketing and distribution.

Hands-off the economy was replaced by conscious guidance through planning -- the economic side of the constitutional revolution.

The biggest loss, of course, was the individual's lessened desire and ability to give his services to the growth of his company and our economy.

The word was that this too was part of an economy move on his part.

Sprinkel told conferees that the recent improvement in economic activity was not a `` temporary flash in the pan '' but the beginning of a substantial cyclical expansion that will carry the economy back to full employment levels and witness a renewal of our traditional growth pattern.

The unsatisfactory 1958-60 expansion, he said, was not due to inadequate growth forces inherent in our economy but rather to the adverse effect of inappropriate economic policies combined with retrenching decisions resulting from the steel strike.

A $25 billion advertising budget in an $800 billion economy was envisioned for the 1970s here Tuesday by Peter G. Peterson, head of one of the world's greatest camera firms, in a key address before the American Marketing Assn..

Although the economy was booming in the region, the business struggled and Lincoln eventually sold his share.

The artists seem to have been dominated by geometrical pattern and order, and this was improved when classical art brought a greater freedom and economy.

At the start of a new industrial age in the 18th century, it was believed that " people are the riches of the nation ", and there was a general faith in an economy that paid its workers low wages because high wages meant workers would work less.

Until independence, Armenia's economy was based largely on industry — chemicals, electronic products, machinery, processed food, synthetic rubber and textiles ; it was highly dependent on outside resources.

An eminent member of this school, Georges Duby, wrote in the foreword of his book Le dimanche de Bouvines that the history he taught relegated the sensational to the sidelines and was reluctant to give a simple accounting of events, but strived on the contrary to pose and solve problems and, neglecting surface disturbances, to observe the long and medium-term evolution of economy, society and civilisation.

It was founded between 650 and 625 BC by Gorgus, son of the Corinthian tyrant Cypselus, at which time its economy was based on farmlands, fishing, timber for shipbuilding, and the exportation of the produce of Epirus.

Their economy was based on farming, as well as hunting, fishing and gathering.

The economy was highly planned.

He succeeded his cousin Elagabalus upon the latter's assassination in 222, and was ultimately assassinated himself, marking the epoch event for the Crisis of the Third Century — nearly fifty years of civil wars, foreign invasion, and collapse of the monetary economy.

While in Puerto Rico slavery was 2 % of the population and blacks were less than 11 %, Cuba was 30 % black and slaves wee the backbone of the plantation economy.

Andronikos Komnenos ' arrival was soon followed by a massacre of the Latin inhabitants of the city, who virtually controlled the economy of the city, with the massacre resulting in the deaths of 80, 000 " Latins ", i. e. Westerners.

Prior to the 1950s, Alberta was a primarily agricultural economy, based on the export of wheat, beef, and a few other commodities.

The health of economy was closely bound up with the price of wheat.

It was not the first petroleum find in Alberta, but it was large enough to significantly alter the economy of the province ( and coincided with growing American demand for energy ).

In 1948, Capp reached a creative peak with the introduction of the Shmoos, lovable and innocent fantasy creatures who reproduced at amazing speed and brought so many benefits that, ironically, the world economy was endangered.

A flourishing economy brought residents from rural communities and immigrants abroad.

The 1970s and ' 80s saw an increased interest in improved fuel economy which brought in a return to smaller V-6 and four-cylinder layouts, with as many as five valves per cylinder to improve efficiency.

Seddon claims that arguments for economy of scale are a mix of a ) the plausibly obvious and b ) a little hard data, brought together to produce two broad assertions, for which there is little hard factual evidence.

After the severe economic troubles of the early 1990s, brought on by a drop in the vital fish catch and poor management of the economy, the Faroe Islands have come back in the last few years, with unemployment down to 5 % in mid-1998, and holding below 3 % since 2006, one of the lowest rates in Europe.

Hayek posited that a central planning authority would have to be endowed with powers that would impact and ultimately control social life, because the knowledge required for centrally planning an economy is inherently decentralized, and would need to be brought under control.

The Guatemalan government had to fight the pressure because although U. S. had recognized, in words, that Guatemala had the right to conduct their own politics and business, U. S. representatives also claimed that they had to interfere because UFCo was their company that had brought in a lot of profit and harming the interests of that company was harming the U. S. economy.

With a booming economy short of unskilled workers, especially after the Berlin Wall cut off the steady flow of East Germans, the FRG negotiated migration agreements with Italy ( 1955 ), Spain ( 1960 ), Greece ( 1960 ), and Turkey ( 1961 ) that brought in hundreds of thousands of temporary guest workers, called Gastarbeiter.

The second half of the century brought improved economy and significant growth of the population.

The policies caused Malaysia's economy to rebound by 2002, but brought disagreement between Mahathir and his deputy, Anwar Ibrahim, who backed the IMF policies.

He brought down a mini-budget in an attempt to slow consumption, control inflation and reduce the deficit, but it triggered the worst credit squeeze since 1945 — the economy was driven into recession, the stock market slumped, private investment, housing activity and motor vehicle sales fell, unemployment rose to almost 2 percent ( the highest rate since the Depression ) and several major companies collapsed.

Lesotho ’ s progress in moving from a predominantly subsistence-oriented economy to a lower middle income, diversified economy exporting natural resources and manufacturing goods has brought higher, more secure incomes to a significant portion of the population.

By paying the collectivized peasants low state-controlled prices for their product, and using the surplus thus extracted to pay for industrial development, the state carried out a series of three-year plans, which brought industry's share of the economy from 47 % in 1946 to 70 % in 1959, despite the devastation of the Korean War.

While Roosevelt ’ s ‘ walk softly and carry a big stick ’ as well as the Canal Company ’ s apartheid administrative policies, early on, have been the subject of much criticism, the fact is that, beyond the financial injection to the country ’ s economy and workforce, the changes brought about by the canal venture were largely positive for Panama.

With a contribution of 1. 1 % to Gross Domestic Product ( GDP ), the export sector has brought stability to the Spanish economy.

However, the true benefits and impacts brought by ECFA to Taiwan's overall economy are still in dispute.

In recent years, the chronically high inflation has been brought under control and this has led to the launch of a new currency, the " New Turkish lira ", on January 1, 2005, to cement the acquisition of the economic reforms and erase the vestiges of an unstable economy.

However, the WTO accession also brought serious challenges, requiring the economy to open up to increasing foreign competition.

Proponents of socialist market economic systems argue from a Marxist perspective, stating that a planned socialist economy can only be brought about by first establishing a comprehensive commodity market economy and letting it fully develop until it exhausts its historical stage and gradually transforms itself into a planned economy.

In late 2001, as a decisive reaction to the September 11 attacks and the various corporate scandals which undermined the economy, the Greenspan-led Federal Reserve initiated a series of interest rate cuts that brought the Federal Funds rate down to 1 % in 2004.