Category Archives: Economy

Economy of Luxembourg

According to cheeroutdoor, Luxembourg is a highly industrialized country with stable economic growth, low inflation and low unemployment. In terms of GDP per capita (approx. 44 thousand dollars, 2002), it has the highest European indicator. Over the past half century, Luxembourg’s economy has undergone a number of major structural shifts. In the 1970s-80s. a systematic… Read More »

Economy of Lithuania

According to cheeroutdoor, Lithuania is a state with an industrial-agrarian economy. The share of industry in GDP (2000) is 51.2%, agriculture 24.7%, construction 9.8%, transport 3.6%, other areas of activity 10.1%. The main industries are mechanical engineering, metal and woodworking, production of building materials, textile, chemical and food industries. In 2002, the Lithuanian industry produced… Read More »

Economy of Latvia

According to cheeroutdoor, Latvia is a state with an industrial-agrarian economy. The main industries are: mechanical engineering, food, woodworking, light industry, production of building materials, chemical industry. In industry, there are crisis phenomena associated with structural changes, reorientation to the production of products that meet the requirements of the world market. In agriculture, St. 18%… Read More »

Economy of Italy

According to cheeroutdoor, Italy is a highly developed country, one of the “seven” leaders of the modern world. In 2001, the share of its GDP in world production was 3.1%, exports of goods and services – 4.0%, population – 0.9% (in total production, exports and population of industrial countries – respectively 5.6; 4.0; 5.3). In… Read More »

Economy of Ireland

According to cheeroutdoor, Ireland is one of the small economically developed industrial and agricultural countries, largely dependent on foreign trade. In the 1990s The Irish government implemented a series of national economic programs aimed at curbing inflation, reducing public spending, improving the skills of the workforce and attracting foreign investment, resulting in high (on average… Read More »

Economy of Iceland

According to cheeroutdoor, Iceland belongs to the countries with a monocultural economy, since it is based on catching fish and its subsequent processing, even despite the emergence of new industries and industries. Fishing and fish processing (25-30% of the value of GDP) remain the country’s international specialization, where it occupies one of the leading places… Read More »

Economy of Hungary

According to cheeroutdoor, Hungary is a moderately developed industrial-agrarian state actively participating in international trade. GDP – 62.5 billion dollars, GDP per capita – 6.2 thousand dollars (2002). With a share of national production in world GDP of 0.15%, the share of the country’s foreign trade in world trade is 0.47% (2000). The inflation rate… Read More »

Economy of Greece

According to cheeroutdoor, the Greek economy is a market economy with a large share of the public sector. Since the 1970s Greece was distinguished by rather weak economic development, cumbersome labor legislation, low GNP per capita, and high domestic debt. From Ser. 1990s Greece’s economy has noticeably stabilized due to the fact that the government… Read More »

Economy of Germany

According to cheeroutdoor, Germany is one of the leading industrialized countries in the world, ranking 3rd in the world in terms of GDP production (behind the USA and Japan). The volume of GDP in 2002 amounted to 1,984.2 billion euros (in 1995 prices). Produced GDP per capita – 25,600 euros, per one employed (labor productivity)… Read More »

Economy of France

The economic evolution of France in the 2nd half of 20th century characterized by an unusually wide scope of state activity. This intervention, which allowed France to overcome the historical backlog in the economic sphere, to ser. 1960s was relatively efficient. But subsequently, attempts to expand the participation of the state in production, to maintain… Read More »