“Despite these and other similarities, however, the Bank and the IMF remain distinct. The fundamental difference is this: the Bank is primarily adevelopmentinstitution; the IMF is acooperativeinstitution that seeks to maintain an orderly system of payments and receipts between nations. Each has a ...
Sri Lanka USD 39 Source: Tradingeconomics.com GDP per capita in Asia GDP (Gross Domestic Product) per capita is the GDP of the country divided by its population. It’s a key indicator of a country’s economic productivity and salary growth. That’s why business owners need to analyze it...
Inflation has returned to low single digits, there is a surplus in the primary account and tax revenues are higher. The economy is expected to grow 3% in 2024 after shrinking 2.3% last year and 7.3% at the height of the crisis. Whoever wins the election will have to ensu...
Northern Ireland is part of the United Kingdom ,while the republic of Ireland is an independent country. 不列颠的全称是大不列颠及北爱尔兰联合王国。当人们提到这个国家他们经常使用不同的名称,如英国,英国,英格兰,不列颠群岛,联合王国,或英国位于欧洲大陆的西北,它由许多岛屿组成,统称为不列颠群岛,面积约24...
Infact, the idea of boarding a long distance flight and getting stuck in a far off part of the world is a scary one. Besides, speaking of the future of travel, some think that when international borders open, there might be a mandatory 14-day quarantine for all travellers until a vaccine...
It is fairly common for leaders coming into office to reach out to the IMF and talk about existing programmes - as was just the case in Sri Lanka. The IMF, lender of last resort to Ghana as it restructures its debt under the G20's Common Framework initiative, says...
GDP growth during Reagan’s presidency averaged just 1.9%—an improvement from the early 1980s recessions but well below the 2.6% pre-recession average (Figure 2). What’s often forgotten is the role of sky-high oil prices in shaping that era. Oil shocks sent WTI pric...
Coca-Cola uses blockchain, the digital ledger technology, to record the work of local residents collecting waste in certain African communities. The goal is to learn if waste (cans, bottles, and other packaging) has already been recycled or reused, which helps the company report more clearly ...
the shortage of non-agricultural labor force and the rapid rise of wages will lead to the change of comparative advantage of premature delivery. A prominent performance is the premature decline of the proportion of manufacturing industry. The ratio of manufacturing value added to GDP generally follow...
Inflation, as a general term, is the diminishing purchasing power of a given currency over a period of time. It's a measure of the increased price of goods and services in an economy. Inflation can be measured in months or years. When the price of goods increases and is sustained over...