Stats Gate

A new World Bank study highlights the significant obstacles faced by over a hundred nations—including China, India, Brazil, South Africa, and Thailand—in their efforts to transition to high-income economies in the coming decades. The report, titled "World Development Report 2024: The Middle Income Trap," offers a detailed analysis and strategic...

Executive pay has become a contentious issue, largely due to the increasing disparity between the salaries of CEOs and average workers. Proponents of high CEO compensation argue that their leadership skills generate significant returns for investors, thus justifying their substantial paychecks. However, critics highlight that stock market returns have not...

Turkey could significantly boost its foreign direct investment (FDI) inflows if it aligns its risk indicators and regulatory framework with those of its competitors, according to YASED's FDI Competitiveness Index. YASED's projections suggest that such alignment could place Turkey among the top 10. According to YASED's FDI Competitiveness Index, Turkey...

Cross-border payments are gaining significance in international economies. According to the 2024 Financial Services Consumer Survey by GlobalData, around 63% of global consumers use international real-time payments (RTPs) to send money to family and friends, while 51% use them to pay for goods and services. The G20 has laid out...

China's economic impact is felt worldwide, according to a new survey by the Pew Research Center covering 35 countries. Majorities in almost all surveyed nations, spanning six continents and diverse income levels, report significant Chinese influence on their economies. This influence is perceived more widely now compared to 2019, with...

The World Bank reported an increase in the Philippines' gross national income (GNI) per capita for the past year, although the country remains classified as a lower-middle-income economy. GNI per capita is a measure of the economy's total income divided by its population. The data shows that the Philippines' GNI...

The global influence of major tech companies has become pervasive, often accompanied by controversies involving data privacy breaches and environmental harm. Despite these issues, it's important not to paint all companies with the same brush. A survey by All About Cookies, which involved 1,000 US adults, sought to capture public...

The Conference Board's consumer confidence index fell to 100.4 in June from a revised 101.3 in May. Although this met economists' expectations, it highlighted a continuing trend: even with ongoing economic growth and a robust labor market, American confidence is diminishing due to prolonged high inflation and interest rates. Another...

UK workers are hopeful about new opportunities and evolving work practices, but the rapid pace and scale of change are proving challenging, according to PwC's Hopes and Fears Survey. Embracing GenAI The survey, which included over 56,600 workers globally and 2,000 in the UK, reveals that workers see the potential...

The global economy is showing signs of stabilization, with growth steadying for the first time in three years, inflation reaching its lowest point in three years, and improving financial conditions suggesting a potential "soft landing." However, this optimistic outlook belies a more concerning reality: over four years since the onset...