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.
Overall, India has a lot of low-hanging fruit, but the country has further to go than many observers realize. A quadrupling of per capita income would put them at what, the level of Thailand?
Why don't more countries implement U.S. economic policies given the country's large GDP? Why do many people live beyond their means/income? Why is a strong middle class essential to the prosperity of the US economy? Why, after so much charity from big organizations, is India still a p...
Expected to grow by 6.5% compared to China’s 5% in 2024, India’s expected to become the third-largest economy in the world, outpacing Japan and Germany, with a gross domestic product (GDP) projection of US$5 trillion by 2027 and US$7 trillion by 2030. Its focus on bringing in forei...
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...
GDP per capita: considerably higher in the CANZUK area than the other countries, meaning citizens from other countries would likely migrate to the CANZUK area for higher income prospects and quality of life, and not enough CANZUK citizens would be willing to relocate to other countries for lower...
Some proposals would sacrifice strict universality in the name of affordability. India is mulling a "quasi-universal" basic income of 7,620 rupees ($118) per month. The government estimates that it can only be paid to around 75% of the population to be workable. Proposals to limit uptake ...
Norway's debt-to-GDP ratio is at a relatively low level compared to other nations. Find out how Norway manages their dept and income health.
FOREIGN BANKS, FISCAL POLICY, GROSS DOMESTIC PRODUCT, GDP, PUBLIC SAVINGS, PRIVATIZATION, MACROECONOMIC STABILITY, FISCAL SUSTAINABILITY, FISCAL RESTRAINT, GOVERNMENT DEBT, EMPLOYMENT, ECONOMIC GROWTH, RESERVE BANK OF INDIA, REAL INTEREST RATES, TIME DEPOSITS, AGRICULTURE, INTEREST RATES, PRIVATE SECTOR,...
A GDP comparison using the IMF's January 2024 projections shows that from 2019 to 2023, China grew by 20.1 percent, India by 17.5 percent, Brazil by 7.7 percent, Russia by 3.7 percent and South Africa by 0.9 percent. The outperformance by China immediately shows why it is extremely misleadin...