Tag Archive

G.D.P. Grows But Not Welfare

G.D.P. Grows But Not Welfare

February 1, 2011 No Comments

The World Economic Forum took place in Davos, Switzerland this year and housed chief executives and top politicians who were all positive and cheerful of the economic growth this year. When asked about where the economic growth comes from and if improving economic times made the attendees happy, they were not able to give a ...

Human development

Human development

November 4, 2010 No Comments

Global improvements in human’s well being and development have been recorded as especially strong in Asia and particularly weak in Africa. The UN’s annual Human Development Index (HDI) that measures a combination of three sub-indices covering wealth, health and education determined that Nepal has made the greatest improvements in the development of its people. Since ...

Germany leading the way – Europe’s economy is following an upward trend

Germany leading the way – Europe’s economy is following an upward trend

September 7, 2010 No Comments

According to figures released on August 13 by the eurostat news release Germany’s economy grew by 2.2% between April and June. This increase is an indicator for the positive economic trend by the Europe as well as shown by its GDP growth of 4%, exceeding any optimistic forecasts. Compared to the US, the unemployment rate ...