23 September 2015 - Vatican City is a unique state in the world with a far from traditional economy that renders traditional economic analysis nearly useless against it. After all, GDP per capita is about $4 million compared to less than $100,000 in top ranked Norway. That's not a typo.
Vatican City is run by donations made by the Roman Catholic Church and Christians from around the world; the latter are commonly referred to as Peter's Pence. While it is known that a special Vatican City department collects and distributes the funds, Vatican City does not disclose details on the mangaement of its funds, further complicating efforts to understand it in standard economic terms. Apart from donations, Vatican City's other sources of revenue are more traditional and include tourism, international banking and financial operations, small manufacturing companies, and revenue from publications through the Vatican Publishing House.
Source: World Bank, World Development Indicators, August 2015.
Are you investing in the best economies for your industry's footprint? What factors weigh most heavily on your investment decisions? Is your economy improving in areas that matter most to investors? Economists, investors, and other analysts worldwide rely on multi-economy datasets from the likes of the World Bank and IMF as well as indices to make comparisons across time and countries and address these sorts of questions. The Global Opportunity Index (GOI) developed by the Milken Institute delivers one such index to help guide investment decisions and establish baseline estimates...
The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Ranging from 0 (perfect diversification) to 1 (concentrated on a single product)*, a comparison of index scores to the contribution of natural resources to GDP worldwide shows that countries that are resource-rich tend to have less diversified export bases. Last year Iraq’s export concentration index reached 0.97, driven by its export concentration in mineral fuels, namely oil. Other oil exporters—including Angola, Iran, Kuwait, and...
(29 March 2021) Today Starbucks is the largest coffeehouse company in the world, with 32,938 retail locations as of the first quarter of 2021, followed distantly by coffee shop chains such as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985, to become the publicly traded Starbucks Corporation.Based on the company's positive, sustained operating results, it is ranked among Forbes' Top-500 world's biggest public...
(7 April 2021) With its extensive business network, the Sweden-based multinational clothing retailer H&M has become one of the world's leading fashion companies. After a decade of continuous expansion, adding around 320 stores per year on average, the company's net increase in number of stores (opens minus closures) was only 108 in 2019, and in 2020 it turned negative. H&M had a total of 5,018 stores, in 74 countries across six continents, at the end of 2020. In the last two years, openings of new locations, primarily in new markets, have been outnumbered by closures of...
O nosso website utiliza cookies para facilitar a sua experiência online. Eles foram salvos no seu computador quando você lançou este site. Você pode modificar suas configurações pessoais para cookies através das configurações do seu navegador de Internet.
Política de Privacidade