In recent years there has been plenty of evidence to show just how closely the different economies around the world...
Different countries around the world have trade agreements with other countries. The most important and influential of all trading agreements...
Dependency theory has been put forward by social science theorists in an attempt to explain how developed and developing nations...
Capitalism and socialism are too very different ways of managing an economy. These two conflicting approaches have been used by...
You will likely have noticed that currency exchange rates don't tend to be static; in fact they can vary greatly...
Anyone who watches the news is sure to have heard about the World Bank, but there may be some uncertainty...
Visualizing Economics: How can you measure a nation's wealth? How much do you earn? How rich is the United States?...
Heat Map of Worldwide GDP Real Growth Rate 2007 Data source: 2007 CIA World Fact Book
Heat Map of Worldwide GDP (PPP) Per Capita 2008 Data source: 2008 CIA World Fact Book
2007 GDP Nominal Per Capita World Map Data source: International Monetary Fund
As of the most up to date data from authoritative sources such as International Monetary Fund, World Bank and CIA...
What is an economic recession? In a perspective as broad as nation wide, or macroeconomically, a recession is a slightly...
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