China, Canada, Germany, France and the United Kingdom did not make it into the top ten wealthiest countries in the world. Which countries' GDP per capita ranked at the top of the list and why? We explain in our review.
Notably,Indonesiawill become the fourth biggest economy by 2050, surpassingBrazilandRussiaas the largest emerging market. Indonesia is the world’s largest archipelagic state, and currently has thefourth largest populationat 277 million. The Top Economies in the World in 2075 ...
Singapore is a very well developed economy; some of the key sectors include aviation, financial services, maritime and shipping, as well as hospitality. Singapore has one of the biggest real estate markets in the world- evidence of a rapidly developing society that is attractive to people from ...
Currently, the world economy faces multiple challenges which thwart the recovery process. The Federal Reserve's continued aggressive interest rate hikes have sharply increased risks in American and European banking sectors, leading to deteriorating global liquidity and rising default risks in emerging eco...
The opening meeting of the first session of the 14th National People's Congress (NPC) is held at the Great Hall of the People in Beijing, capital of China, March 5, 2023. (Xinhua/Zhai Jianlan) 1. "Two sessions" gather steam for China to forge ahead In March, China convened the "...
According to the IMF's latest forecasts, China's economy is projected to grow 4.6 percent this year, compared with 5.2 percent in 2023. The world economy is expected to grow 3.1 percent in 2024, unchanged from last y...
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Germany is the largest and most powerful national economy in Europe! However, Germany is also the first regarding the amount of taxes deducted from its citizens‘ income with 49.8%. However, Germany has the world’s oldest universal health care system, so in return, people receive free health...
In today’s world, technology is the most powerful sector which is shaping the world economy by setting new trends and driving transformational changes across all business segments. It is really very difficult to imagine the world without Technology. ...
There is an old saying in the study ofpolitical economythat reads "war is the health of the state." It means that during times of conflict, reactive governments and nervous citizens are far more inclined to give up economic and political freedoms in exchange for security.14This could result ...