The global economic power shift away from the established advanced economies in North America, Western Europe and Japan will continue over the next 35 years. China has already overtaken the US in 2014 to become the largest economy in purchasing power parity (PPP) terms. In market exchange rate ...
The world is currently experiencing the largest isolation experiment in history. In an attempt to slow down the spread of the COVID-19 pandemic numerous countries across the world have been shutting down economies, education, and public life. Governments
Visualizing Racial Diversity in America’s 10 Largest States This was originally posted on ourVoronoi app. Download the app for free oniOSorAndroidand discover incredible data-driven charts from a variety of trusted sources. Over the last decade, America has become increasingly more diverse as demo...
Which term is used for the period in the late eighteenth and early nineteenth centuries that witnessed increased agricultural productivity, new manufacturing technologies, and more efficient means of transportation? During which time period did economies begin to develop globally? a. The Ind...
This in our view reflects the potential for scale economies of consolidation. However it should be mentioned that these profits margins still remain significantly lower than those achieved by the beer majors in their consolidated global operations (Exhibit 7). This highlights the price driven ...
There are three explanations for the oil price’s unclear impact. The first is that nowadays developed economies are more efficient in their use of energy, thanks partly to the increased importance of service industries and the diminished role of manufacturing(制造业). According to the Energy Info...
Throughout much of history, India and China were among the world’s largest economies, but their development paths differed significantly in the modern era. In 1970, the countries were almost identically wealthy. But today China’s GDP per person, at around $13,000, is nearly five times Indi...