economy Archive

economyMost fragile economies after Turkey are Argentina, Columbia, South Africa

Although there has been a lot of recovery from the 2008 financial crisis there are still many countries with fragile economies. Argentina has 29% inflation and 9.1% unemployment. South Africa has 27% unemployment and there were predictions that some cities …

economyResearchers projected post-2008 crisis growth onto the world through 2100 and then talked about 7% economic cost of climate damage

A research paper claims that if the world stays at 2 degrees celsius of warming versus going up to 4 degrees celsius of warming then the world economy will be US$17.5 trillion per year stronger in 2100. At 4 degrees …

economyPrices doubling every two weeks in Venezuela for inflation of over 6 billion percent

A cup of coffee in Venezuela costs 2 million Bolivars but the week before it was 1.4 million Bolivars. This means the prices are doubling every two weeks. 26 doublings in a year is 67 million which is 6.7 billion …

economyUS Second quarter GDP growth was best in four years at an annualized 4.1%

US second quarter grew at 4.1% but GDP failed to meet some of forecasters’ loftiest targets. Above are the components of Q2 GDP growth Real GDP 4.1 percent in the second quarter and the first quarter was adjusted to 2.2%. …

chinaChina rapid debt rise was because of property so China economy is not at extreme risk

China’s debt-to-GDP ratio is the sum of corporate debt, household debt, and government debt all together as a portion of GDP. This ratio is currently around 250 to 260 percent of GDP. Globally, China is in the middle of the …

economyPoland successfully lifted its per capita income from Chile levels to the level of Portugal

Poland has had annual GDP growth that mostly stayed in the 3-7% from 1993 to 2018. Nominal GDP per capita went from $5000 per person in 1993 to about $15800 per person in 2018. On a purchasing power parity basis …

economyTen Fewer Least Developed Countries by 2024

In 2014, the population of LDCs (Least Developed Countries) was 898 million—1/8 of the world’s total. The population in LDCs is expected to more than double between 2010 and 2050. In the same time period, the total world population is …

californiaCalifornia would be 5th largest economy and Texas 11th compared to national GDP

The Bureau of Economic Analysis indicates that California had GDP growth of 3.4% and Texas had GDP growth of 5.2%. At the end of 2017, California had a GDP of $2.80 trillion and Texas had a GDP of 1.75 trillion. …

asiaBelt and Road investments versus Developed world investments

The American Enterprise Institute (AEI) has a report that China’s Belt and Road Initiative (BRI) has spent $340 billion from 2014-2017. Private companies in China tend to invest in the USA, UK, Switzerland and Australia. They are acquiring hotels, entertainment …

businessCan a trade war now defer the day when China makes competitive wide-body jets?

One of the stated aims of the Trump trade sanctions is to get China to respect US intellectual property protection. Many U.S. firms have been willing to transfer technology in return for access to China’s labor and consumer markets. US …