Household consumption is likely to contribute 4-4.5ppt to this year’s GDP growth, up from 1ppt in 2022.But how are these divergent economic trends in the US and China likely to impact the rest of the world?Weaker US demand hurts everyone, as the US is still the world’s most importan...
Egypt Argentina United Arab Emirates (UAE) These additions will boost the group’s combined population to a whopping 3.5 billion – around 45% of the world’s inhabitants3. Whilst impressive, the real barometer – GDP – is more modest. Because the new BRICS members are consider...
To address slope heterogeneity and cross-sectional dependency, the novel (MMQR) model is applied. We also conduct an asymmetric analysis to detect the moderating and mediating roles of economic governance in the linkage between digital financial inclusion, mineral resources, and green economic growth....
All four of the Middle Eastern countries already have active, constructive relations with China, Russia, and India that have been strengthening for years. BRICS membership is an effective way for Saudi Arabia, the UAE, and Egypt to sit on multiple chairs, rather than just being seated with the...
Egypt and India are both emerging developing countries which share some common economic features; their rate of economic growth has approximately the same trend while they both begin series of economic reform process in the same period of time (early 1990's) while passing through high inflation ...
Banking is in its second era of digitization, according to McKinsey senior partnerBrian Ledbetter. Traditionally, banks were anchored on a customer service arrangement that relied on branches and call centers. He says, “If you needed something, you’d either ring on the phone or go into the ...
TESTING THE SUSTAINABILITY OF CURRENT ACCOUNT DEFICITS IN DEVELOPING ECONOMIES: EVIDENCE FROM EGYPT, MOROCCO, AND TUNISIA. Sustaining balanced current accounts is a tremendous challenge that faces many developing countries. The growing gap between burgeoning imports for domesti... Yol,A Marial - 《Jour...
ODA as a Percentage of Gross National Income The countries that received the most foreign aid from the U.S. for 2023 include Ukraine, Israel, Ethiopia, Jordan, and Egypt.2 Special Considerations Foreign aid estimates tend to vary, given the different agencies, funding methods, and aid categorie...
A fund can qualify as a BRIC ETF even if it is not invested in all of the countries that make up the acronym. At one point in time, there were many BRIC ETFs invested in all four nations. Then, as the idea of BRIC as a hot market waned, these funds disappeared. In essence, the...
The human freedom index is a composite measure of personal, civil, and economic freedoms in different countries jointly published by the Cato Institute and the Fraser Institute. Unlike the economic freedom index, the human freedom index also measures the freedom of noneconomic areas, such as religi...