Economy of Singapore Singapore is a highly developed trade-oriented market economy.[10][11] Singapore’s economy has been ranked as the most open in the world‚[12] least corrupt‚[13] most pro-business‚[14] with low tax rates (14.2% of Gross Domestic Product‚ GDP)[15] and has thethird highest per-capita GDP in the world; in terms of Purchasing Power Parity (PPP). Government-linked companies play a substantial role in Singapore’s economy‚ which are owned through the sovereign wealth fund Temasek Holdings
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CURRENT ECONOMIC SITUATION 2 Introduction The current macroeconomic situation in the United States of America according to the article Economy in the United States that it is the world’s largest national economy‚ but has been going through a shaky economy. In 2010 the nominal GDP was around $14.7 trillion dollars. It also is a very high output when looking purchasing capita. The U.S. is one of the largest trading nations in the world with its
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Background Israel was under British mandate untill May 14‚ 1948 when it declared its independence. The Israeli economy is highly diversified open-economy that depends on imports of raw materials‚ crude oil‚ gains and military supplies. In spite of having very limited natural resources‚ Israel has a highly developed agriculture and industrial sector. The Israeli economy mostly relies on exports (45% of its GDP) and services such as high technology equipment‚ agricultural products (vegetables
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BRICS Economy: H&M Expanding to another country is a risk per se‚ so the company known as one of the largest retail clothing companies of Sweden‚ needs to make a clever decision basing themselves on what they have already seen of these groups of countries. BRICS announced two years ago according to the New York Times that they would establish a system that would allow them to bypass the dollar and other global currencies when trading among themselves. If H&M expands to the BRICS economies it will
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today at 210 million - the highest recorded level of unemployment in history; 64 million more people have been pushed into extreme poverty; 34 million more people unemployed as a result of the crisis‚ according to the ILO; 23 million more people would be without a job today‚ were it not for the stimulus packages adopted to confront the crisis - programmes which apparently now stand to be phased out rapidly over the time ahead‚ as governments (particularly in Europe) fall over one another in their
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References | 17 | Economic condition of Bangladesh: The economy of Bangladesh is a rapidly developing market-based economy. Its per capita income in 2010 was est. US$1‚700. According to the International Monetary Fund‚ Bangladesh ranked as the 44th largest economy in the world in 2011 in PPP terms and 57th largest in nominal terms‚ with a gross domestic product of US$269.3 billion in PPP terms and US$104.9 billion in nominal terms. The economy has grown at the rate of 6-7% per annum over the past few
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Rouen Business School---IFI 3 Bsc3 -----ZHANG Naixin 1. Why did you choose Asia for doing business with emerging economies? Generally speaking‚ as we know that Asia has become one of the regions whose economy is developing fastest in recent years. This new flow of powerful booming begins to attract lots of global attentions and to occupy more and more world economic market. This fact which cannot be ignored
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928 Fakültə: Kommersiya Kafedra: Economy English Fənn: English Tələbə: Elmi Rəhbər: MÖVZU Azerbaijan economy Bakı-2013 As Azerbaijan had been the colony of Russia for a long period‚ the economy of the country was formed as part of the united natural economy complex of the former USSR. In 1919‚ the profits gained from oil sales and the income tax
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4 Report Atsushi Ito‚ G587159 Brazil: Embracing Globalization? Analyze and evaluate Brazil’s development strategy and economic performance. The success of the import substitution strategy and its pain. Originally‚ the Brazilian economy was deeply depended on primary commodities exports which had followed the industrial structure in the colonial era‚ until hitting the crisis of sluggish exports due to the Great Depression in 1930. E.g. in 1920s‚ coffee accounted for 70% of exports
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Slavery and the Economy Over the course of history‚ historians have viewed slavery as an immoral and unjustifiable institution. At the beginning of the antebellum period‚ around 700‚000 slaves were unjustly imported and sold into slavery. New land discovered in America was seen as profitless and pointless without an inexpensive source of labor. By the end of this historical time period‚ that number increased to over 4‚000‚000 slaves brought into the United States. The institution of slavery helped
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