On the average,every family was likely to have one or two children.The birth rate of 30 per 1000 of the population in 1965 fell to a low of 17 per 1000 in 1965.If the birth rate had continue to fall at that rate the population will only reach it peak of 3 million. The warning alert come in 1989 and since then,the policy has changed. Between 1965 and this year,Singapore population grew from 1.9 million to 5.5 million.However,as Singapore’s economic is
In a 5 year period the banks’ were able to accumulate liabilities of 10 times the GDP or $120 billion and by the second quarter of 2008, Iceland’s external debt was 9.553 trillion Icelandic Kronur (€ 50 billion), more than 80% of which was held by the banking sector. This value compares with Iceland’s 2007 gross domestic product of 1.293 trillion kronur (€ 8.5 billion). (World Bank) [Iceland Country Study Guide Volume 1 Strategic Information and Developments by IBP,
With stock parts and value thankfulness, $100 put resources into Crown stock in 1957 would be worth roughly $30,000 in 1989. In the wake of rebuilding the organization in his initial three years, incomes developed at 12.2% for every year while salary developed at 14.0% through the following two decades. return on value arrived at the midpoint of 15.8% for a great part of the 1970s, while Continental Can and American Can felled a long ways behind at 10.3% and 7.1%, individually. Over the period 1968-1978 Crown's aggregate come back to shareholders positioned 114 out of the Fortune 500, well in front of IBM (183) and Xerox (374). In the early 1980s, level industry deals, joined together with an inexorably solid abroad and overcapacity in can producing at home, prompted declining deals incomes at Crown.
A major international economic power, South Korea holds the 13th largest economy in the world and the 4th largest in Asia. It now stands as the largest of the Four Asian Tigers. Its rapid economic growth is a result of exports of manufactured goods and major industries also include automobiles, semiconductor, electronics, shipbuilding and steel. Although its after-crisis recovery steps elicited antipathy among critics, believing that there was no way that the country will be able to get back on its feet again, South Korea regained a foothold and emerged victorious. Today, South Korean economy is exemplified by moderate inflation, low unemployment, and export surplus, and fairly equal distribution of income.
Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.” (pewresearch) It may be true, that some jobs
Goal 1: Eradicate Extreme Poverty and Hunger Target 1: The target of reducing extreme poverty rates by half was met five years ahead of the 2015 deadline. The global poverty rate at $1.25 a day fell in 2010 to less than half the 1990 rate. 700 million fewer people lived in conditions of extreme poverty in 2010 than in 1990. However, at the global level 1.2 billion people are still living in extreme poverty. Target 2: The hunger reduction target should be almost met by 2015.
After the Korean War, Korea was one of the world's poorest countries, with per capita income of only $64. In the 1960s, economically the country lagged behind the Democratic Republic of Congo and Mozambique. However, by 2010 Korea's GDP per capita had risen to approximately $30,200. It exceeded that of Argentina in the 1980s. Korea today has a higher GDP per capita than Spain and New Zealand and is less than 10 percent behind the European Union, on which it is gaining quickly.
Countries with first world GDP levels have better medicine, food, education and housing as compared to those that countries with lower GDP. However it is also said that GDP does not take into account into the working hours of a person, the leisure time available is equally distributed across the economy. http://www.debate.org/opinions/is-gdp-growth-a-good-indicator-of-improving-quality-of-life On the other hand we will talk more about China economy, it is the world second largest economy. In 1978 when china started the program of economic reforms they were ranked ninth in nominal GDP with USD 214 billion. 35 Years later they jumped up to second place with a nominal GDP of USD 9.2 trillion.
savings, Income level, and Inflation and Age dependency ratio is collected from World development indicators (WDI), mark 2010 online from the official web site of World Bank with the frequency on annual basis from 1985 to 2008. They determine in short and long run a one percent rise income level increases savings by 1.82 and 5.14 percent respectively, in long ? run one percent increase in inflation and ADR result in decline of savings by 3.15 and 13.60 percent respectively, income level is equally important and highly positively significant to savings behavior in
USB Prices and Earning Report 2011 had stated and ranked Singapore in second place for the most expensive city in Asia and ranked No 10 for the most expensive city globally. Moreover, Singapore is well-known in high level of competition in retail sector and high cost of retail operations for rentals and labour. I. Local shopping mall environment In the year 2013, Singapore’s economy is growing positively but in just single-digit growth rate. Not only have that, Singapore dollar remained strong in the same year as compared to neighbouring countries’ currency.