Author : EW World Economy Team

Since 1949, the Chinese government has been responsible for planning and managing the national economy.  But it was only in 1978 – when Deng Xiaoping introduced capitalist market principles...

China has one of the most diverse spread of industrial production in the world, fitting for a country that is called 'The World’s Factory'. Since 1978, the nation has...

China was the 18th fastest growing economy in the world in 2012, with a real GDP growth rate (constant prices, national currency) of 7.8 percent. Although the figure is...

The United States of America has the world's largest national economy. It makes up roughly 17 to 22 percent of the world's gross domestic product (GDP). The currency of...

US foreign trade and global economic policies have experienced drastic changes since the days of its founding fathers. Prior to the Great Depression and World War II, government and...

The US is a market-oriented economy, where private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly...

The US is one of the most technologically advanced economies in the world, coming in 10th in the Global Innovation Index and 12th for the World Bank’s Knowledge Economy...

The US economy grew by 2.211 percent in 2012, compared to 1.808 percent in 2011 and 2.391 percent in 2010. Three consecutive years of growth has since reversed the...

The World Economy In 2013: The Calm Before The Storm? After nearly four years of economic turmoil, the global economy in 2013, comparatively at least, appears to be now...

The European Union is an economic and political union made up of 27 member states which are mainly from Europe. The European Union was formed upon the inauguration of...