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.
Why does India's rupee value depreciate in global markets? Why is Indian rupee depreciating despite strong GDP growth? Why is the Indian rupee depreciating even when oil is low and imports are costing less now? Why is rupee value depreciating since BJP came to power?
Why is GDP per capita for less developed countries higher when PPP rates are used (rather than exchange rates) to convert their currencies to dollars? Explain why government spending changes when the economy goes into a recession. Why do nations trade? Why do so...
If I said, “Well, conquering India is just about getting 69 destinations right,” it makes the opportunity much more meaningful. As Anu said earlier, in the MGI work, we’ve seen that these will cities power a significant portion of GDP growth. If you get these cities right, you can ...
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...
Many other countries, besides those in the Eurozone, are experiencing low currencies relative to the dollar. Some examples include Argentina, India, Pakistan, Nigeria, Turkey, Japan, and South Korea. China has problems with developers of condominium homes for its citizen. Many of ...
Moreover, China’s GDP per capita was US$12,700 in 2023, about six times lower than that of the US. The gap shows that there is still significant room for economic activity and household wealth to continue to grow before leveling off at a saturation point. ...
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...
Argentina’s per capita GDP was almost the same as the US before the soft-pegged central bank was set up in 1935 calculations by US economist Steve Hanke shows. Mexico was once an Imperial power that owned parts of what is now the US but its soft-peg reduced the country to a basket ...
GDP per capita(output per person) is used to tell how wealthy a country is. Countries with high GDP per capita have far less infant mortality, poverty, and preventable diseases.Answer and Explanation: Reasons with regards to why countries are prosperous or poor: 1) How much a country has...