There are several reasons why India is a poor country. Some have historical roots and others derive strength from socio-political structures. Lack of effective governance and corruption has only sustained Indian poverty.
Learn about the Indian's government's efforts to promote greater ease of doing business in India, making it a good option besides China!
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 ...
In fact, in many cases, they already have deals in place with customers before they put in a bid for bonds and Treasury bills. Does The Primary Dealer Sell All Securities Up-Front? If the primary dealer doesn’t have all of its allocation pre-sold, those bonds will be listed on at ...
1. A big chunk of India is still at the margin where malnutrition and malaria and other negatives matter for IQ. Indian poverty is the most brutal I have seen, anywhere, including my two trips to sub-Saharan Africa or in my five trips to Haiti. I don’t know if Pisa is test...
Thomas Paine, Napoleon, and Martin Luther King, Jr., don't have much in common at first glance. Nor do socialists and libertarians, or Finnish bureaucrats and Silicon Valley tycoons. Some policies have a habit of creating strange bedfellows—like the idea that governments should guarantee their...
we saw China and Asia starting to take off and GDP per capita rise. This is an important factor in this whole run-up that I would characterize as the Love Trade. A strong correlation is rising GDP per capita, and in China, India and the Middle East, they buy gold and many gifts of...
Explain why poverty in poor nations is a vicious cycle. Why is there a divergence between median family income and GDP per capita? Where does the balance money go? Explain why price controls that hold prices below equilibrium are normally very harmful to consumers. A mean of the price-to-in...
Cities are a hub of opportunity to realize this potential. They are where many of the long-term drivers of health that can help address this shifting disease burden are playing out. Cities have a unique ability to mobilize cross-sectoral stakeholders quickly to create an enabling environment and...
Why is there a divergence between median family income and GDP per capita? Where does the balance money go? Why can't everyone have enough money, and why do global economies plan scarcity? Why would some households with increases in "household wealth" continue to consume at th...