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  1. Trinidad and Tobago is recognised as a high-income economy by the World Bank. Unlike most of the English-speaking Caribbean, the country's economy is primarily industrial, with an emphasis on petroleum and petrochemicals. The country's wealth is attributed to its large reserves and exploitation of oil and natural gas.

  2. Saudi Arabia is among the countries with the most notable improvement in doing business according to the World Bank Group's Doing Business 2020 report. The country jumped 30 places to rank 62nd in ease of doing business compared to the last year. According to the World Bank, Saudi Arabia has conducted several reforms.

  3. The World Bank ranks the United States first in the ease of hiring and firing workers. The United States is the only advanced economy that does not legally guarantee its workers paid vacation or paid sick days , and is one of just a few countries in the world without paid family leave as a legal right , with the others being Papua New Guinea ...

  4. If the state were considered separately, it would rank as the fifth largest economy in the world, behind rest of the United States, China, Japan, and Germany as of 2017. The state recently overtook the United Kingdom to take the fifth spot. The U.S. Bureau of Economic Analysis reported that California's GDP was $2.751 trillion in 3rd quarter 2017.

  5. The economic history of Italy can be divided in three main phases: an initial period of struggle after the unification of the country, characterised by high emigration and stagnant growth; a central period of robust catch-up from the 1890s to the 1980s, interrupted by the Great Depression of the 1930s and the two world wars; and a final period of sluggish growth that has been exacerbated by a ...

  6. In the global GDP per capita tables, Ireland ranks 3rd of 192 in the IMF table and 4th of 187 in the World Bank ranking. [26] [27] Following a period of continuous growth at an annual level from 1984 to 2007, [28] the post-2008 Irish financial crisis severely affected the economy, compounding domestic economic problems related to the collapse ...

  7. The economy of Romania is a high-income economy with a skilled labour force, ranked 13th in the European Union by total nominal GDP and 8th largest when adjusted by purchasing power parity. The World Bank notes that Romania ’s efforts are focused on accelerating structural reforms and strengthening institutions in order to further converge ...

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