Monday, January 21, 2013

Every ‘Bloc’ has...

Economic integration has led to the formation of some of the strongest economic groups in the world, called ‘Blocs’. STEVEN PHILIP WARNER compares

21.4%


Bhutan (SAARC) was the fastest growing economy for the year 2008. It is of course another story that its GDP (real exchange rate) is only $1.4 billion and the Indian government finances nearly three-fifths of Bhutan’s budget expenditures (as per CIA)

16%

Iceland (OECD) tops all nations amongst the five blocs when it comes to least unemployment (%). The figure at 1.6% however is only the 14th best in the world, with names like Andorra, Guernsey, Faroe Islands, Isle of Man, Liechtenstein bettering it

46.0%

Nepal (SAARC) is the ‘leisure’ centre of the five blocs, occupying the 191st slot in the world in terms of least unemployment, only better than Senegal, Zambia, Djibouti, Cocos Islands, Turkmenistan, Burkina Faso, Zimbabwe, Liberia and Nauru


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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