Bolivia’s GDP climbs 2.2% in 2017

Bolivia’s economy expanded 1.2 percent in 2017 to $11.8 billion, the central bank said Tuesday.The country recorded a 6.1 percent expansion in real terms in 2017.GDP per capita increased by 2.8 percent to $24,632 in 2017, up from 2.5 percent in 2016.It recorded a 3.2-percent rise in the purchasing power parity index to 0.8319 in […]

Why the Chinese government has done everything it can to prevent a global recession

The Chinese government is planning to boost growth to more than 10 percent next year and boost the value of its yuan by as much as 10 percent in 2020, according to a report in the Wall Street Journal.The plan will also see the government gradually ramp up spending, boosting its budget deficit to more […]

India’s $9 billion stimulus plan could be a boon to the struggling Bhutan economy

India’s economy is on the brink of a third recession since 2015.The central bank announced on Thursday that its economy is now growing by 2.3 per cent annually, the weakest pace since 2009.Its GDP growth was estimated at 1.7 per cent in the March quarter.In the first three months of 2017, GDP grew by 3.7% […]