Saturday, July 25, 2015

gross domestic product & foreshadow

Quotations:

qanda_2015_ep14

Peter Singer: [gross domestic product; foreshadow;] But Greg, why can we not give more. In fact we're giving less and less when the United Kingdom which is surely not richer country than Australia has now met the United Nations target of 0.7% of gross domestic product and with the foreshadow aid cuts, we are going to get down to what 0.23% or something, I mean, we'll be about a third of what the UK is giving on per capita basis. 

Definitions:

gross domestic product: GDP:
the total value of all goods and services produced within a country in a year, minus net income from investments in other countries;

foreshadow:
to indicate or suggest something, usually something unpleasant, that is going to happen

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