With the end of World War II, the United States went from an important player in the global economy to become the global economy. While most of the industrial and financial centres in the world were in ruins, America’s economic output and wealth, with no damage to its infrastructure, war-time factories that ached to be utilised, and the return of a willing workforce, took off in a way that seems unfathomable today. The median household income rose a staggering 74% between 1946 and 1973, further fuelling its economic growth. During the 1990s with the Cold-War over, global demand and output…
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Jamaica, world famous for legends like Bob Marley and Usain Bolt, reggae music and the movie ‘Cool Runnings’, is getting ready to leap into 2030. On September 18 and 19, 2016, the United Nations Development Programme (UNDP) Headquarters in New York hosted its 5th Social Good Summit, where the UNDP Jamaica drew attention to Jamaica’s Vision 2030 by organising events and a competition under the theme “Connecting Today. Creating Tomorrow”. The Vision 2030 was created to ensure that social, environmental and economic issues are tackled, and opportunities are pursued. The National Vision Statement reflects its goal to make “Jamaica, the…
The Middle East, and more specifically the Gulf Cooperation Council (GCC) members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, have transformed in ways that would have sounded like a utopian vision 30 years ago. From a nomad, underdeveloped economy that arose as a result of limited arable land and harsh climate, the entire region suddenly awoke with a big boom after the discovery of one of the world’s greatest deposits of oil and gas, just at the time when the world grew hungry for it. The UAE, one of the most iconic GCC countries, raised its GDP…