The unemployment rate stood at 7.1% in 2023, according to the IMF estimates, with female unemployment being around four times higher than for males. After a slight uptick to 7.5% this year, it is expected to return around 7.1% by 2025. It is estimated that three-quarters of all employees...
For years, US-China trade tensions and tariffs imposed on Beijing by Washington benefited south-east Asia, driving demand for imports towards other countries in the region, especially Vietnam. But the introduction of the IRA and Chips laws in 2022 — policies designed toboost US manufacturingand ...
Swan emphasises how in recent times, it has not been possible for a university or research institute library to purchase subscriptions to every journal and book that would form an ideal collection for the users of that organisation. Therefore, the benefit of the open access movement is that it...
From Ark Invest’slatest newsletter. Their emphasis below: During the current business cycle, we believe real gross domestic product (GDP)i growth couldaccelerate to 7% per yearon average, surpassing that of any year since 1950. Seemingly outlandish, this estimate is consistent with the dramatic ...
The exact calculation of this lag can be obtained by identifying the times of peak energy for both wind and wave sources and calculating the difference. This lag offers a significant advantage for the hybrid farm by maintaining a more consistent output of energy. As the power output from wind...
In recent times, play-to-earn games like Axie Infinity and The Sandbox have gained popularity, and one thing they have in common is their economic system. Take the traditional game The Sims for example, where a player can buy in-game assets with the in-game currency — but the currency ...
the generals. These are a powerful bloc of three former military heads of state, along with a former national security adviser and chief of army staff, who have had a hand in the rise of most of the country’s elected presidents in modern times, including Buhari’s in 2015. In the run...
China Import: Electric Generating Set & Rotary Converter: Wind-powered Electric ... (USD mn) 0.519 Dec 2019 monthly Jan 2008 - Dec 2019 China Import: Telephone Set (USD mn) 34.438 Dec 2019 monthly Jan 2007 - Dec 2019 China Import: Motor Vehicle: 4WD Cross-Country Car (USD mn) 1...
Joe Biden’s strategy for the US economy is the most radical departure from prevailing policies since Ronald Reagan’s free market reforms 40 years ago. With plans for public borrowing and spending on a scale not seen since the second world war, the administration is undertaking a huge fiscal...
In Asian economies, a powerful dynamic is unfolding that will unleash productivity growth and drive outperformance over other regions. It is a trend that has been under-appreciated by sceptical investors. Over the next two years, gross domestic product will rise faster in Asia than in the America...