Furthermore, many countries have started developing Central Bank Digital Currencies (CBDCs); a few (including The Bahamas and Nigeria) have even implemented them. CBDCs are digital tokens issued by a central bank. They are similar to cryptocurrencies, but since they are issued and regulated by th...
The country’s debt to GDP ratio peaked at 46.8% in 2010. Did Latvia’s Economy Recover Successfuly? So, in just three years, the national debt of Latvia almost six times over. The hard and fast action meant that Latvia came out of recession much more quickly than it’s neighbors. ...
Much of that $2.5 trillion will be spent in three countries: Nigeria (20%), Egypt (17%), and South Africa (11%). But Algeria, Angola, Ethiopia, Ghana, Kenya, Morocco, Sudan, and Tunisia will attract companies seeking to enter new markets. The sectors expected to grow the most by 203...
in the early planning stages in sub-Saharan Africa.But why are the largest international hospitality brands so keen to expand into Africa, and why have so many of them failed to make the impact they had hoped in economies that are growing much faster than most other countries in the world?
OPEC has 12 members: Algeria, Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and Venezuela.2 Ten non-OPEC nations joined OPEC to form OPEC+ in late 2016 to have more control of the global crude oil market. These countries ...
Although they may not be willing to pay more, sustainability is having a much more powerful impact on buying decisions, with around 40% of Gen Z and Millennial consumers seeing it as extremely important in the products and brands they choose, compared with around half that for olde...
In terms of economic growth, positive shocks have a greater impact than negative shocks due to the volatility of crude oil. However, shocks resulting from geopolitical risks, whether positive or negative, have little effect on economic growth. The industrial production index, a measure of the ...
Initial conditions (“initial disbalances”) are estimated measures of how much the starting values in the data deviate from the model steady state. Download: Download high-res image (643KB) Download: Download full-size image Fig. 4. Shock decomposition of the Spanish trade balance-to-GDP ...
Since the OPEC nations produce so much of the world's oil supply, they can manipulate the price per barrel depending on how manybarrels per daythe group will sell on the world oil market. If the group wants the price to rise in order to make more money, they can reduce the amount of...
about three years. For villagers it means affordable connectivity and, according to the village chief of Tobolo in Ogun, a cause for celebration that saw much singing and dancing when the solution went live: Families in Tobolo could get back in touch with relatives who have left the ...