UK Stagflation Raises Questions for US and EU Too
15 July 2010. By David Caploe PhD, Chief Political Economist, EconomyWatch.com From a global point of view, the current situation seems a little strange: on the one hand, the so-called advanced industrialized world seems to be stuck in a Japan-like...
Surging Growth for Latin American Economies
14 July 2010 – Happy Bastille Day !!! While the United States and Europe fret over huge deficits and threats to a so-called recovery, this region has a surprise in store. Latin America, beset in the past by debt defaults,...
Ireland: Grim Picture of Austerity “Strategy”
13 July 2010. As Europe’s major economies focus on belt-tightening, they are following the path of Ireland. But the once thriving nation is struggling, with no sign of a rapid turnaround in sight. Nearly two years ago, an economic...
Turkey Looks East, Too, As Economic Power Explodes
12 July 2010. For decades, Turkey has been told it was not ready to join the European Union — that it was too backward economically to qualify for membership in the now 27-nation club. That argument may no longer hold....
Indian Poor Helped Greatly by “Right to Know” Law
5 July 2010 Chanchala Devi always wanted a house. Not a mud-and-stick hut, like her current home in this desolate village in the mineral-rich, corruption-corroded state of Jharkhand, but a proper brick-and-mortar house. When she heard that a government program...
China Begins Major Strategic Shift in Development Model
30 June 2010 For years, Chinese leaders looked to the millions of poor workers from the country’s interior as the engine of a roaring export economy. They would move to coastal provinces, toil in factories and churn out the world’s...
European Industry, Europe Industry
Europe led the development of the Industrial Revolution, and continues to be a leader in world industry. European industry spans several industrial sectors that contribute to high economic valued-added activities and generate mass employment. Europe Industry: Automotive The European Commission...
India Foreign Policy Trade, Foreign Trade India, Foreign Trade In India, Indian Foreign Trade
India's merchandise exports increased to a record levels across all major commodity groups and destinations during 2005-06 and the trend is continuing during the current year (April-June 2006).Exports have reached a record figure of US $ 102.7 billions during the...
Special Economic Zone, Special Economic Zone India
The special economic zones in India were established with a view to bring expertise for the country's exports sector. For this a policy was introduced on 01.04.2006. As to these policies, the Government has set up SEZ's in...
Richest nations (per capita GDP)
Gross domestic product (GDP) may be defined as the currency value of all goods and services produced in an economy within a given time period. GDP is the sum of consumption expenditure [C], total private investments [I], government spending...
Indo-USA Trade Relation, Recent Development In India USA Trade Relations, Economy Of USA, World Economy
Economic Reforms introduced since 1991 have radically changed the course of the Indian economy and led to better growth rates, higher investment and trade flows and accelerated decline in income poverty. The effects of these reforms on trade and investment...
Katrina’s Impact on the US Economy
Hurricane Katrina devastated New Orleans and the Gulf Coast and will pound the U.S. economy with higher energy prices, commodity shortages--and even steeper coffee prices. Worse, the storm may blast inflation throughout the economy. Storm damage is estimated at $40...
Current World Economic Overview
Global growth appears to have improved in the third quarter (Q3) of 2005. The firming up of global economic activity during the third quarter of 2005 and its broadening ambit suggests that the global growth could reach a level higher...
Human Development Index, The Human Development Index 2000, Human Development Report 2001, Economywatch.com
The concept of Human Development Index (HDI) considers three basic dimensions of human development like Longevity, Knowledge and Standard of living. Australia one among the richest country in the world presently ranks high on the HDI (Second by Norway)...
Poorest Nations (per capita)
As per per capita income, poorest nations of the world basically represent underdeveloped nations. These countries account for a low Gross Domestic Product (GDP) as compared to that of the developed and developing countries of the world. As per per...