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The high cost of imports, especially of petroleum imports, is a major problem. Morocco suffers both from structural unemployment and a large external debt. [26] The youth unemployment rate was 27.2% in 2021. About 80% of jobs are informal and the income gaps are very high.
European Investment Bank. Free movement of capital is intended to permit movement of investments such as property purchases and buying of shares between countries. [181] Until the drive towards economic and monetary union the development of the capital provisions had been slow. Post-Maastricht there has been a rapidly developing corpus of ECJ ...
Nigeria is a federal republic comprising 36 states and the Federal Capital Territory, where its capital, Abuja, is located. The largest city in Nigeria by population is Lagos , one of the largest metropolitan areas in the world and the largest in Africa .
Capital gains accounted for 80% of the increase in market income for the households in the top 20% (2000–2007). Over the 1991–2000 period capital gains accounted for 45% of market income for the top 20%. CBO reported that less progressive tax and transfer policies contributed to an increase in after tax/transfer inequality between 1979 and ...
Bank of Japan pumped $29.3 billion into the financial system on September 17, 2008, and the Reserve Bank of Australia added $3.45 billion the same day. [ 178 ] In developing and emerging economies, responses to the global crisis mainly consisted in low-rates monetary policy (Asia and the Middle East mainly) coupled with the depreciation of the ...
The Swiss Federal budget reached 62.8 billion Swiss francs in 2010, 11.35% of GDP; however, canton and municipality budgets are not counted as part of the federal budget. Total government spending is closer to 33.8% of GDP.
The private sector accounts for 85% of the economy. [272] China, India and the United States are Sri Lanka's largest trading partners. [ 273 ] Economic disparities exist between the provinces with the Western Province contributing 45.1% of the GDP and the Southern Province and the Central Province contributing 10.7% and 10%, respectively. [ 274 ]