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Consequently, Chinese schools are now on the rise, both in terms of quantity and quality. In addition, more and more chinese students are furthering the studies overseas, particularly in America. The results could soon see Chinese students leaving their American counterparts behind.
Check out this infographic comparing the education system in China and the US.
Created by: Online University Rankings
Ever since its unification as a nation state in 1932, the Kingdom of Saudi Arabia has been an oil-dominated economy. Most improvements and setbacks in its economic and social indicators can be invariably traced to the ups and downs of the oil market. While that kind of volatility in revenues is unhelpful, dependence on petroleum would not ring too many alarm bells if it was sustainable. But it is not. Oil and the revenues it generates – 90% of all government income – will dry up at some point in the future, and the economy could collapse unless it diversifies. Read more
Joseph E. Stiglitz,
Mario Blejer & Eduardo Levy Yeyati,
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