Author : EconomyWatch

  On the basis of income and region The World Bank has classified the economies of the world as Lower Income Economies (with $825 or less) Lower Middle Income...

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...

  The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the...

The simple meaning of an "Economy" is that a system which provides living to the peoples. In the congruous manner we mean the world economy, which provides lives to...

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...

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...

Mixed Economy can be defined as a form of organization where the elements of both capitalist economy and socialist economy are found. Simply in such type of economy there...

Country Type Algeria LMC Djibouti LMC Egypt, Arab Rep. LMC Iran, Islamic Rep. LMC Iraq Country Type Algeria LMC Djibouti LMC Egypt, Arab Rep. LMC Iran, Islamic Rep. LMC...

World GDP, also known as world gross domestic product or GWP - gross world product, calculated on a nominal basis, was estimated at $65.61 trillion in 2007 by the...

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...