Category: Markets
Top Debtor Nations
International Monetary Fund in association with the World Bank, Organization for Economic Co-operation and Development (OECD), and the Bank for International Settlements (BIS) collects and circulates data on external debt of different countries. The data are obtained from creditors, national sources and market operators. Data on external debts and foreign assets are important measurements of economic stability of nations. This data also facilitates macroeconomic analysis and authenticates economic comparisons between two countries.
Indo-United Kingdom Economic Relation
India was a British colony for over 200 years till it achieved independence from the United Kingdom on August 15, 1947. India and UK’s trade relations have undergone a massive change from the colonial period. Once perceived as a less developed country, India had transformed itself into the fastest growing economies of the world currently. It is not hidden that India is world’s fourth largest economy in purchasing power parity terms and UK is the 4th in GDP dollar terms.
TRADE
