Why is there a scarcity of food for poor people in India? Why does the economic growth model predict that poor countries should catch up to rich countries in income per capita? Have poorer countries been catchin
Based on the latest wage data, the average annual salary in Botswana isBWP 141,000. Incomes range from a low of BWP 35,600 to a high of BWP 629,000 per year. Is Botswana richer than India? Indiahas a GDP per capita of $7,200 as of 2017, while in Botswana, the GDP per capita ...
Why is it that India does not have a single company with a revenue of 100 billion dollars or more? Why is inflation healthy for an economy and why won't it cause a decrease in purchasing power? Why is India's household savings rate declining?
Singapore is one of the wealthiest countries in the world, reporting a GDP per capita of US$82,794 in 2022, the highest in Asia. The city-state has maintained asteady economic growthover the past five years. Singapore reported a GDP of US$599 billion at the current market price in 2020...
and entrepreneurs in India. If you look at themost successful companies, they have grown vastly ahead of average GDP growth. The best companies in India grow at 25 to 30 percent a year. Some of the best banks in India have grown north of 20 percent a year for 20 years in a row. ...
recycling aluminum is economically viable. This regularly leads to recycling rates of up to 90%. And if aluminum does end up in the environment, its degradation products are not harmful to the environment – a very different situation than with microplastics. This is why we have a plastic prob...
Fortunately, no extant AI is in this condition, and we have no reason to build something that would be. For example, we can just be sure AI is a lways backed up so it does not need to fear extinction. But more importantly, there is no coherent and safe way in which...
Contractor argues that the coronavirus outbreak only had temporary effects on the global economy, and that post COVID-19 globalization will resume. We posi
A number of countries have made extra- ordinary strides in overcoming poverty. In some, progress has been across the board, whereas others have managed to achieve very significant progress on one dimen- sion but fallen back on others. With similar levels of average per capita incomes, in ...
You’ll have no capacity to cut rates or lower interest rates because if you’re running a budget deficit of 9%, 10% of GDP, that’s how much you have to increase the money supply to cover the deficit. CNN:Why does this matter for voters? Sharma:Well, I think it matters because t...