Foreign Aid To Africa
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Foreign Aid To Africa
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. , approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been due to growth in sales in commodities, services, and manufacturing. West Africa, East Africa, Central Africa and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050. In March 2013, Africa was identified as the world's poorest inhabited continent; however, the World Bank expects that most African countries will reach "middle income" status (defined as at least US$1,025 per person a year) by 2025 if current growth rates continue. There are a number of reasons for Africa's poor economy: historically, even though Africa had a number of empires trading with many parts of the world, most people lived in tribal rural societies; in addition, European colonization and the later Cold War created political, ec ...
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List Of Continents By GDP (nominal)
This article includes a list of continents of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a continent in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. Such fluctuations may change a continents ranking from one year to the next, even though they often make little or no difference to the standard of living of its population. Therefore, these figures should be used with caution. Comparisons of national wealth are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. (''See'' List of countries by GDP (PPP).) PPP largely remo ...
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Market Scene From The Old Kingdom Of Egypt
Market is a term used to describe concepts such as: * Market (economics), system in which parties engage in transactions according to supply and demand * Market economy *Marketplace, a physical marketplace or public market Geography *Märket, an island shared by Finland and Sweden Art, entertainment, and media Films * ''Market'' (1965 film), 1965 South Korean film * ''Market'' (2003 film), 2003 Hindi film *'' The Market: A Tale of Trade'', a Turkish film Television * ''The Market'' (TV series), a New Zealand television drama Brands or enterprises * The Market (company), a concept grocery store *The Market, a specialized Safeway store Types of economic markets *Agricultural marketing *Emerging market *Energy market *Financial market * Foreign exchange market *Grey market, commodity trade outside of original producer's distribution channel *Media market, geographic area with mostly the same set of media outlets * Niche market *Open market, a free trade economy; the antonym of ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sher ...
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Economy Of Asia
The economy of Asia comprises more than 4.5 billion people (60% of the world population) living in 49 different nations. Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. Moreover, Asia is the site of some of the world's longest modern economic booms, starting from the Japanese economic miracle (1950–1990), Miracle on the Han River (1961–1996) in South Korea, economic boom (1978–2013) in China, Tiger Cub Economies (1990–present) in Indonesia, Malaysia, Thailand, Philippines, and Vietnam, and economic boom in India (1991–present). As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of different cultures, environments, historical ties and government systems. The largest economies in Asia in terms of PPP gross domestic product (GDP) are China, India, Japan, Indonesia, Turkey, South Korea, Saudi Arabia, Ir ...
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Chinese Economic Reform
The Chinese economic reform or reform and opening-up (), known in the West as the opening of China, is the program of economic reforms termed " Socialism with Chinese characteristics" and " socialist market economy" in the People's Republic of China (PRC). Led by Deng Xiaoping, often credited as the "General Architect", the reforms were launched by reformists within the Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period. The reforms went into stagnation after the military crackdown on 1989 Tiananmen Square protests, but were revived after Deng Xiaoping's Southern Tour in 1992. In 2010, China overtook Japan as the world's second-largest economy by nominal GDP and in 2017 overtook the United States by becoming the world's largest economy by GDP (PPP). Prior to the reforms, the Chinese economy was dominated by state ownership and central planning. From 1950 to 1973, Chinese real GDP per capita grew at a rate of 2.9% per year on average, ...
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Indian Ocean
The Indian Ocean is the third-largest of the world's five oceanic divisions, covering or ~19.8% of the water on Earth's surface. It is bounded by Asia to the north, Africa to the west and Australia to the east. To the south it is bounded by the Southern Ocean or Antarctica, depending on the definition in use. Along its core, the Indian Ocean has some large marginal or regional seas such as the Arabian Sea, Laccadive Sea, Bay of Bengal, and Andaman Sea. Etymology The Indian Ocean has been known by its present name since at least 1515 when the Latin form ''Oceanus Orientalis Indicus'' ("Indian Eastern Ocean") is attested, named after India, which projects into it. It was earlier known as the ''Eastern Ocean'', a term that was still in use during the mid-18th century (see map), as opposed to the ''Western Ocean'' ( Atlantic) before the Pacific was surmised. Conversely, Chinese explorers in the Indian Ocean during the 15th century called it the Western Oceans. In Ancie ...
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Economic Potential
Economic potential is the potential of a region, nation, or corporation for economic development and growth. Typically, discussions of economic potential occur when available resources have not yet been tapped and fully developed or exploited, possibly because of missing infrastructure. The Dictionary of Military and Associated Terms (2005) defines economic potential as :"The total capacity of a nation to produce goods and services." See also * Productive capacity * Potential output * Production–possibility frontier * Developing country * Potential superpowers A potential superpower is a state (polity), state or a political and economic entity that is speculated to be—or to have the potential to soon become—a superpower. Currently, only the United States fulfills the criteria to be considered a ... * External linksEconomic Potential* {{econ-stub Production economics ...
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Ottoman Empire
The Ottoman Empire, * ; is an archaic version. The definite article forms and were synonymous * and el, Оθωμανική Αυτοκρατορία, Othōmanikē Avtokratoria, label=none * info page on book at Martin Luther University) // CITED: p. 36 (PDF p. 38/338) also known as the Turkish Empire, was an empire that controlled much of Southeast Europe, Western Asia, and Northern Africa between the 14th and early 20th centuries. It was founded at the end of the 13th century in northwestern Anatolia in the town of Söğüt (modern-day Bilecik Province) by the Turkoman tribal leader Osman I. After 1354, the Ottomans crossed into Europe and, with the conquest of the Balkans, the Ottoman beylik was transformed into a transcontinental empire. The Ottomans ended the Byzantine Empire with the conquest of Constantinople in 1453 by Mehmed the Conqueror. Under the reign of Suleiman the Magnificent, the Ottoman Empire marked the peak of its power and prosperity, as well a ...
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Ancient Carthage
Carthage () was a settlement in modern Tunisia that later became a city-state and then an empire. Founded by the Phoenicians in the ninth century BC, Carthage reached its height in the fourth century BC as one of the largest metropolises in the world George Modelski, ''World Cities: –3000 to 2000'', Washington DC: FAROS 2000, 2003. . Figures in main tables are preferentially cited. Part of former estimates can be read at Evolutionary World Politics Homepage Archived 2008-12-28 at the Wayback Machine and the centre of the Carthaginian Empire, a major power in the ancient world that dominated the western Mediterranean. Following the Punic Wars, Carthage was destroyed by the Romans in 146 BC, who later rebuilt the city lavishly. Carthage was settled around 814 BC by colonists from Tyre, a leading Phoenician city-state located in present-day Lebanon. In the seventh century BC, following Phoenicia's conquest by the Neo-Assyrian Empire, Carthage became independent, gradually ...
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Oyo Empire
The Oyo Empire was a powerful Yoruba empire of West Africa made up of parts of present-day eastern Benin and western Nigeria (including Southwest zone and the western half of Northcentral zone). It grew to become the largest Yoruba-speaking state and rose through the outstanding organizational and administrative skills of the Yoruba people, wealth gained from trade, and a powerful cavalry. The Oyo Empire was one of the most politically important states in the entirety of Western Africa from the mid-17th to the late 18th century, and held sway not only over most of the other kingdoms in Yorubaland, but also over nearby African states, notably the Fon Kingdom of Dahomey in the modern Republic of Benin on its west. History Legend of origin The origins of the Oyo Empire lie with Oranyan (also known as Oranmiyan), the last prince of the Yoruba Kingdom of Ile-Ife ( Ife). Oranmiyan made an agreement with his brother to launch a punitive raid on their northern neighbors for i ...
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Ashanti Empire
The Asante Empire (Asante Twi: ), today commonly called the Ashanti Empire, was an Akan state that lasted between 1701 to 1901, in what is now modern-day Ghana. It expanded from the Ashanti Region to include most of Ghana as well as parts of Ivory Coast and Togo. Due to the empire's military prowess, wealth, architecture, sophisticated hierarchy and culture, the Ashanti Empire has been extensively studied and has more historic records written by European, primarily British authors than any other indigenous culture of Sub-Saharan Africa.Collins and Burns (2007), p. 140. Starting in the late 17th century, the Ashanti king Osei Tutu ( – 1717) and his adviser Okomfo Anokye established the Ashanti Kingdom, with the Golden Stool of Asante as a sole unifying symbol. Osei Tutu oversaw a massive Ashanti territorial expansion, building up the army by introducing new organisation and turning a disciplined royal and paramilitary army into an effective fighting machine. In 1701, th ...
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