The Facts of the poorest country including the economy

This is the ranked for the poorest country that I might want to go to help them out. Ok, there is Malawi – $226.50, Burundi- $267.10, Central African Republic – $333.20, Niger- $415.40. Here is some poorest country with the poorest economy. #20 Dominica Est 1.7% GDP. The economy of this banana producing nation has been increasing buoyed by tourism. The government has enacted comprehension reforms since 2003 in an attempt to liberalize and diversify the economy. This island nation is vulnerable to hurricanes like dean which caused damages totaling 20% of GDP in 2009. #19: Slovenia Est GDP 1.66%. Slovenia has among the highest amount of state control over the economy for all E.U countries. Unemployment has continued to rise even after recovery from the recession. Foreign investment as declined in favor of India, China, and other Iran Est GDP 1.66%. The government emerging markets. #18: Iran Est GDP 1.66%. The government exerts massive control over the economy, and generates the vast majority of its revenues through oil exporting nation received a loan from the IMF, world bank, and EU in 2008 to service its short term debt obligations. Austerity programs magnified the impact of the recession and the country has since instituted crisis taxes on financial, energy, telecommunications and retail companies. #16 Netherlands Est GDP 1.5%. Dutch banks suffered a high magnitude of losses from their exposure to U.S mortgage backed securities. Agriculture employs only 2% of the Dutch labor force, yet produces zero surplus. A force on deficit reduction in the short term will likely dampen growth expectations in the Netherlands. #15: France Est GDP 1.34%. This nation is the most popular tourist destination. New president Francois Hollander has advocated deficit spending, Separation of Depository banks from investment banks, increasing taxes on financial institutions, and introducing a millionaire’s tax in order to restore economic growth. #14 Jamaica Est GDP 1.28%. Services, particularly tourism, account for nearly two-thirds of Jamaica’s GDP. The level of debt exceeds the GDP \, while unemployment, crime and corruption are barriers to growth. #13 Germany Est GDP 1.27%. The largest EU economy is hindered by the poor performance of other member nations. German growth has been limited to a decline in demand for its exports, especially from with in EU. In the long-term, Germany must reverse its low fertility rates and falling immigration to provide an environment to provide an environment conducive for economic growth.

(All Information is quoted by Business Insider Website)

I just thought to add factual information once in a while to keep this blog excited to readers and to stay informed. Thanks for reading

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