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2 days ago · The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
3 days ago · 19th century Gotthard line in 1882 Development of real GDP per capita, 1851 to 2018. Switzerland as a federal state was established in 1848. Before that time, the city-cantons of Zürich, Geneva, and Basel in particular began to develop economically based on industry and trade, while the rural regions of Switzerland remained poor and underdeveloped.
2 days ago · Los Angeles, [a] often referred to by its initials L.A., is the most populous city in the U.S. state of California. With roughly 3.9 million residents within the city limits as of 2020, [7] Los Angeles is the second-most populous city in the United States, behind only New York City; it is also the commercial, financial and cultural center of ...
3 days ago · The economy of Serbia is a service-based upper-middle income economy in the Central Europe, with the tertiary sector accounting for two-thirds of total gross domestic product (GDP). The economy functions on the principles of the free market. Nominal GDP in 2024 is projected to reach $81.873 billion, which is $12,385 per capita, while GDP based ...
2 days ago · Romania 's economy ranks 35th in the world by its total GDP ( PPP ), with a Int$ 784 billion annual output (2023 est.). [5] The country is a leading destination in Central and Eastern Europe for foreign direct investment: the cumulative FDI since 1989 totals more than $170 billion. [48]
4 days ago · State capitalism is a capitalist market economy dominated by state-owned enterprises, where the state enterprises are organized as commercial, profit-seeking businesses. The designation has been used broadly throughout the 20th century to designate a number of different economic forms, ranging from state-ownership in market economies to the ...
2 days ago · The economy of Canada is a highly developed mixed economy, [34] [35] [36] with the world's tenth-largest economy as of 2023, and a nominal GDP of approximately US$ 2.117 trillion. [4] Canada is one of the world's largest trading nations, with a highly globalized economy. [37]
