Indicators

Tuesday, October 29, marks the 95th anniversary of the most famous stock market crash in history, Black Tuesday, which occurred in 1929. This most massive U.S. stock market crash was the beginning of the Great Depression, the worst economic crisis in U.S. history.

In recent years, the idea of introducing a universal basic income has been actively discussed in various countries.

Azerbaijan's economy is based on the production and export of oil and petroleum products, and therefore largely depends on world prices for this type of fuel.

The Philippines is a dynamic economy with advantages that include a growing rate of urbanization, a young population, and an increasing share of the middle class. The country has seen a steady decline in poverty and social inequality.

The BRICS summit to be held in Kazan in the fall will consider Turkey's application for full membership in the organization. In case of a positive decision, Turkey will become the first NATO member country to join the organization.

Mongolia's economy has been developing rapidly in recent decades and demonstrates consistently high real GDP growth. In 2000-2009, the indicator averaged 5.7% per year, in 2010-2019 — 7.9%.

For a long time, Beijing avoided lowering the rate for the sake of the stability of the RMB. However, the threat of deflation forced the Central Bank to begin easing of credit terms.

In 2024, the global economy is gradually stabilizing, the strict policy of regulators is paying off, and inflation is slowing down, and GDP growth is accelerating.

Over the past 13 years, Tunisia has demonstrated relatively low growth rates for developing countries, which is caused by a series of socio-economic shocks.

Mexico is the second largest economy in Latin America, second only to Brazil in nominal GDP. The country actively participates in international trade (the foreign trade balance in 2022 amounted to 1.2 trillion US dollars, which is the highest value among the states of the region)