Category: Markets
Fastest growing Economy
Economic growth is measured by certain parameters. These parameters include expenditure on food, housing, power, fuel, and transport and communications. Investments in education and medical facilities are important indicators of economic development. Economic growth is also dependent on population size, available labor force, fertility and mortality rates, per capita income and expenditure, regional growth, and literacy. All these parameters constitute social indicators of development (SID) based on which world economies are rated.
Emerging Markets
The Emerging Markets was a term coined by World Bank economist Antoine W. van Agtmael in 1981 in reference to nations undergoing rapid economic growth and industrialization. The term is often used interchangeably with ’emerging and developing economies’.
Europe and Central Asia Economy
The World Bank has classified the economies of the world on the basis of income.The groups made are as follows:
- Lower Income Economies
- Lower Middle Income Economies
- Upper Middle Income Economies
- High Income Economies
World Watch
As to the World Bank data, the world constitutes a total surface area of 133940.9 thousand square kilometers in the year 2004. The estimated population over the world has reached at 6,525,170,264 according to July 2006 estimation with an annual percentage growth rate of 1.14. It has a life expectancy rate of 64.77 years as to July 2006 estimation. The birth rate and death rate per 1000 is calculated at 20.05 and 8.67 respectively in the same year. The infant mortality rate per 1,000 life births for July 2006 is 48.87.
World Population Growth
The fast rising populations have put global challenges particularly before the developing nations in the form of hunger, starvations and malnutrition. It has become a great problem on the part of the developing nations to find out the way of feeding their masses.
The population projection in some of the countries over the world is as follows:
Global Exports Growth Rate
For the year 2006, the global trade activities were slowed down due to the poor performance among the developing countries.
According to the given statistics, global exports increased by 14.1 percent in terms of US Dollar for the first nine months of the year 2006 in comparison to 15.5 percent in 2005. On the contrary the advanced nations over the world have experienced a faster rate of growth.
The growth rates of exports among various countries over the world are as follows:
Global Economic Trends
The term global economic trends mean the way most of the world economy is behaving in a recent period of time within a set of well defined parameters. Global economy or the world economy is largely centred around a few large or developed economies of the world, namely the USA, UK, France, Germany and Japan, some newly emerging economies of the world such as India, China and some South East Asian economies and certain pockets of Latin America like Brazil, Mexico and Argentina.
