SPAIN: THIS IS WHAT A HUMANE ECONOMY LOOKS LIKEInes Benitez
Spain exports $330 billion worth of goods annually, making it the 15th largest export economy in the world. However, if you deduct annual imports totaling $377 billion, the country has a negative trade balance of -$47.3 billion. Spain’s GDP is $1.4 trillion and that results in a GDP pe...
Economics, for me, is about looking at the margins. It’s about understanding how and why people act the way they do under certain constraints, like a budget for example. Through understanding how people respond to incentives, economists can research how policy affects people. Sometimes well-...
June 2023 – Liza ofAlways in Spain:“I’m in the Philippines for one month (May to June 2023) to visit family and travel around the country. Tourism in the Philippines is thriving again! Tourist attractions are open without restrictions, tour operators are offering services again, and transp...
Like the rest of the world, Romania’s economy was impacted by the COVID-19 pandemic. In 2020, the economy contracted by 3.9 percent, and the country’s GDP (Gross Domestic Product) per capita was 12,896.09 USD. However, over the next two years, the country’s GDP growth is projecte...
economy and the economy of a student's home country. "MIT is completely need-blind for all students," says Stuart Schmill, the university's dean of admissions and student financial services. "We offer only need-based financial aid, and we meet the full financial need of all ...
Microeconomics is the social science focusing on the implications of human decisions and deals with consumers, markets, firms and income distribution. Macroeconomics deals with economy-wide issues like inflation, national income, unemployment, economic growth and decision-making of the whole world. ...
The financial toll of piracy on the U.S. economy is nearly $30 billion annually, with pirated videos viewed over 200 billion times in 2018 alone. This loss translates into up to 560,000 industry job losses each year, affecting not just direct stakeholders like filmmakers and distributors but...
Spain What Is a Mixed Economy? Most modern nations considered to be market economies are, strictly speaking, mixed economies. That is, the law of supply and demand is the main driver of the economy. The interactions between consumers and producers are allowed to determine what goods and service...
Spain997,452.451,281,484.64 Sweden382,240.92541,220.06 World Bank Consumer spending and GDP have a strong positive correlation, and it is possible to predict a country's GDP based on consumer spending (CS). Using the formula for abest fit line, this relationship can be approximated as: ...