At $1.26 trillion, it is known as a middle economy, a shade shy of being a G7 economy. Based off of GDP per capita, Mexico’s $16,000 ranks it in similar ranges of Brazil, Turkey, and Romania (Vanham 1). Though this still falls far short of the larger and better economies like the United States of America, there is still hope as Mexico’s economy continues to steadily rise at a rate of about 3.3-3.6% every year, having its last major economic disaster in 1994 during the aforementioned Peso crisis (The Heritage Foundation). Pena Nieto’s cycle of power has done its best to complete wat many have called an “ambitious reform agenda” in an attempt to liberalize many aspects of tax, electric, and telecommunication sectors. Interestingly enough, the country seen as a manufacturing giant has the largest silver resources in the world and is tenth in oil reserves.
Their businesses contributed over 600 billion dollars in revenue to the national economy in 2015. Hispanics continue to experience a higher rate of self-employment than the general American population. This means that soon Hispanics will have more economic power, employ a larger proportion of the population and purchase and consume considerably more goods and services than they are doing today. This dynamic growth of Hispanic-owned business is really likely to transform the economic landscape in the United States in the years to come as they collectively contribute to
Though there is a respectable literacy rate of 88.7% for students of age 15 and above in the country, the high-school dropout rate is an alarming 49%. This is one of the main causes of unemployment in the country as well, which has consequently led to poverty. Peru has made big strides in the fight against poverty in the past five years, thanks to positive economic indicators and sound fiscal policies. With growth estimated at around 6%, it is currently one of the most dynamic economies in Latin America, ranking eighth out of the 10 fastest growing economies in the world. The most significant measures taken against poverty in the country have been : 1) Establishment of the National Roundtable for the Fight Against Poverty, a multi- sectoral, government-civil society forum to facilitate dialogue and participation in public
The Republic of Congo possesses the lowest GDP per capita in the world- therefore making it the poorest country in the world (Kaswala). According to the ‘Borgen Project’- Congo’s GDP per capita in 2012 was a mere $370 comparing to the richest country at the time (Quatar) with a GDP per capita of $100,000 (Kaswala). Now in 2015, Congo’s GDP has increased, but only by little. It now has a GDP per capita of $435 (Finance).
Brazil is the fifth largest nation in the world, geographically and population wise, although it is still categorized as a developing country. Over the past few decades, globalization has had a positive as well as a negative impact on Brazil’s economic and social growth. As economic globalization is continuing to be an important element in the world today, its impact on the world’s economies cannot be underestimated. Brazil has overcome many economic crises that have shaken its economic growth. The country has responded by establishing various laws to stabilize its economy even with external factors playing an essential role when it comes to policy implementation.
However it is important to note that this is the best time for Microsoft to purchase LinkedIn (as the market cap is 60% of what it was compared to last year and it reached lowest in February 2016).There are half a billion users whose professional data and behavior is up for sale and Microsoft gets it in the right time. The growth is number of LinkedIn users is close to 19% annually and additional 9% growth in new users every year. Experts also project higher mobile usage (up to 60%, which grows by 49%). There are almost 45 billion quarterly member page reviews and more than 100% growth in active job listings. There can be many financial models for valuing LinkedIn with each approach yielding another value, Microsoft however deemed $26 Billion as
The impact of cruise tourism on a location are not only positive but also has its negative. The cruise industry has been experiencing an important expansion in past 20 years. Cruises tourism are popular in the United States and in 2007, 10 million Americans took a cruise vacation representing 76 % of the total cruise passengers of the World and is expected 51 million of them cruising in the next there years (CLIA, 2008). Nowadays, there are about 300 liners sailing the world 's seas, with further 35 ships scheduled to join the global fleet over the next four years representing investments over U$D 20 billion. The cruise tourism is one of the popular tourism activities and uses natural environment as a key product.
In this year’s Africa’s Transformation forum in Kigali, it was stated “Almost half of the 10 million graduates churned out of the over 668 universities in Africa yearly do not get jobs,” so with Africa’s youth population growing significantly, hopefully to increase by 45% by 2030, imagine the increasing number with no jobs and even more, meaning low income, resulting in poverty. Also, this can be considered as a waste of Africa’s greatest resource, hence Africa is working way below it’s production possibility. The African rising narrative suggests, that Africa is growing, and is basing this growth mainly on statistical figures like the GDP, however this is not an adequate measure because they are developmental problems like poor access to health facilities, poverty , income inequality and high unemployment levels. I believe for Africa to really rise we must focus on economic development whiles experiencing our economic growth. Lastly, we must find our identity and learn to take ownership of what we own, in order to unleash our fullest
With the had quarters located in Irving, Texas. Exxon Mobil is the largest descendant of john d Rockefeller’s standard oil company. It was formed 30th November 1999 Exxon (formerly standard oil company of new jersey) and Mobil (formerly the standard oil company of New York) merged together in 1999. It has a significant market presence in the following metropolitan areas such as: Atlanta, Baltimore, Birmingham, charlotte, Chicago, Dallas, Houston, Memphis, Nashville, New Orleans, New York metro (New Jersey), Philadelphia, Pittsburgh, Raleigh, Richmond, virgina, and Washington DC. The world's 8th largest company by revenue, ExxonMobil is also the fifth largest publicly traded company by market capitalization.
Allstate With more than $1.7 billion in composed premiums and 15.5% of the business sector, Allstate comes in as the second greatest auto back up plan in New York. While the organization is still a goliath in the business sector, it has lost ground. Allstate 's yearly composed premiums fell about $162 million somewhere around 2011 and 2013, a period amid which its piece of the pie declined by 2.6%. Consolidated with Geico 's additions in this period, the piece of the overall industry hole between the main two organizations has enlarged from 8.1% in 2011 to 13.5% in 2013. State
It was one of the fastest growing of the top 10 largest cities in the United States. San Antonio is one of the most affordable cities in the US, for visitors and local populace. Homeowners insurance here will cost an average of $1,152. Dallas Dallas is the fourth most populous metropolitan area in the US. This city rose from its historical importance as the center for the oil and cotton industries.
The lowest figure over the study period appeared to be in the year 2011 which recorded a number of 3728 suicides. According to The Canadian Press (2011), Canada’s economy was ranked at the second place among the G7 countries in the year 2011 which seems to lead to the drop in the suicides. However, it is notable that the suicides in the following two years after the improvement of Canada’s economy in 2011 experienced a significant rose which marked the figure of 3926 suicides and 4054 suicides respectively. As mentioned by Antunes (2012), the Canada’s economy in 2012 and 2013 was most likely to be muddled due to the influence of the gloomy global environment. This slowdown on the economic activity is believed to have a negative impact on suicides in the particular