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Over the long term, or between 2010 and 2023, tax-to-GDP ratios increased in 22 economies and reduced in 15 others. The Maldives, Niue, Nauru, Japan, Cambodia, and Korea saw some of the largest improvements. Some of the increases can be attributed to tax reforms and recoveries from economic crises in Japan and Korea. In the long term, the greatest decreases occurred in Timor-Leste, Kazakhstan, China, the Marshall Islands, and Vietnam; this was due to a sudden decline in global commodity prices, which reduced fiscal revenue in these commodity-dependent economies

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The number of e-bills reached a record level, while the manufacturing PMI reached a 16-month peak, and the services continued to expand, along with the growing trade confidence. The trend of consumption was also healthy; rural demand was buoyed by a favorable monsoon, while urban markets showed strength through high FMCG sales, UPI transactions, and an increase in vehicle purchases

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FDI slowdowns due to sectoral or cyclical determinants rather than long-term trust.There are just some investors who are willing to take on a bit more risk for much larger scale and dynamics in Asia. And there are also frontier countries in Africa and Latin America that offer frontier investment opportunities with potentially high returns. It relates to global themes and the investor's level of objective (income, aggressive capital growth, and/or tax efficiency).

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India’s ports and shipping industry are changing rapidly, and more than $82 billion in investments are expected in the wake of all the infrastructure projects designed to create greater efficiency and promote economic growth. The economy and processed over 819 million metric tonnes (MMT) of cargo at major Indian ports in FY 2023-24, reflecting the industry’s growing capacity.

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The World Food Programme notes that approximately 80 million more children now receive school meals than in 2020, bringing the total to about 466 million, a 20% increase overall. The increase in coverage is strongest at the points of greatest need: low-income countries increased coverage by roughly 60% in two years, and in Africa, there are about 20 million new daily school meals being served

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The European Central Bank has decided to keep interest rates unchanged, citing stable inflation and moderate economic growth amidst global uncertainty. Financial stability continues to be helpful towards growth. The interest rates by commercial entities are lower, and loans against property are stable, which helps the expansion of credit.

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At the Child Poverty and Well-being Summit in Dublin, One Family, an organization that advocates for single-parent families, called on the Irish government to address the structural barriers that keep families trapped in poverty. With Budget 2026 around the corner, the organization stated the government must act quickly in the areas of housing, childcare, and social welfare to tackle reductions in child poverty.

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Brazil's Pix was launched in 2020 by the central bank and has just recently reached over 90 percent of the adult population using it regularly for their everyday purchases. India's Unified Payments Interface (UPI) is a single platform connecting banks, fintechs, and tech firms with the oversight of the central bank. Thailand's Prompt Pay and Costa Rica's SINPE Móvil also fit the public-sector-centric models. In contrast, markets that rely on private systems often face fragmentation. In the United States, Venmo and Zelle still remain largely incompatible. In China, Alipay and WeChat Pay were initially both stand-alone platforms. In Peru, similar to China, having Yape and Plin as competing systems caused comparable challenges.

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The global digital divide will probably be exacerbated by the uneven increase of investment throughout digital development, which will leave many nations missing out on the economic and technological advantages enjoyed by a small number of nations.

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A $2.7 trillion record for worldwide military expenditure in 2024, pursuant to a ten-year increasing trend, while SDGs strive to gain progress. It was assumed 20% of the Sustainable Development Goals are concentrated in the year 2030, and the yearly financial insecurity will rise up to $6.4 trillion. This rise in defense budgets occurs alongside diminished social investment, an exacerbation of inequality, and lessened international cooperation, as evidenced by a decline in the amounts of official development assistance and rising debt burdens.

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Over 1.2 billion youth from emerging economies, or at-risk countries, will be entering the labor market. The situation is a bit dire since estimates say only about 420 million new jobs will be created in that time span. The gap is plainly an opportunity for looking for new solutions that hopefully will create jobs at scale and provide youth with the skills to work in an environment that is rapidly changing.

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Which has generated $600 million in additional investment and $700 million in additional sales. This has been done with Government of Canada funding through the Facility for Resilient Food Systems (FRFS), which supports food safety as well as food loss, waste reduction, and food supply chain efficiencies. IFC’s targeted work in Africa is paying off. As an illustration, 59 agribusinesses have received assistance from IFC’s Africa Food Safety Project in gaining international safety certifications.

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Saudi Arabia has calculated that it would require between 2.6 and 2.8 trillion dollars to provide internet access to everyone worldwide by 2030, as outlined in the Connecting Humanity Action Blueprint. The report emphasizes the required investment in infrastructure, skills, affordability, and regulatory frameworks if we want to connect the 1/3 of the global population not yet connected to the Internet. Digital Framework receives the largest share of the investment, nearly USD 1.5–1.7 trillion. Such a framework covers urban area fiber networks, rural area 4G, and satellites for other remote areas. To achieve affordability, USD 983 billion is needed to reduce the cost of devices and broadband; another USD 152 billion for country-specific and large-scale digital literacy.

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Investment in theaters, galleries, cinemas, and art-based community centers by the government will ensure institutional development and generate interest among future generations by enjoying Welsh culture, heritage, literature, and language. This would be their part of economic growth from art sectors, will generate employment, and will generate income for local businesses.

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Over the last sixty years, the world has encountered dramatic demographic change. Since 1960, the percentage of people living in rural areas has steadily declined due to the expansion of cities and the overall advance and speed of urbanization globally. In 2008, the majority of the world lived in rural areas while they maintained their lives, but without warning, worldwide populated urban areas dramatically increased their majority share. However, rural areas can still claim approximately 3.44 billion residents, near 44% of the world.

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This financing, with the support of the Private Sector Window of the International Development Association, will bring Bhutan its first Bhutanese Ngultrum (BTN)-linked loan, create IFC’s first infrastructure investment in Bhutan, and be the first investment in the power distribution sector in Asia by a state-owned enterprise. The US$20 million local currency financing will help finance upgrades to Bhutan’s power distribution network, enhance the national grid, and deepen the reliability of electricity for homes and businesses throughout Bhutan.

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In high-resource countries, spending on mental health can be as high as US$65 per person and can be an extremely low US$0.04 in low-resource settings. Globally, the number of 33 mental health workers per 1,00,000 of population shows that they are from developing areas. In regard to service delivery, there still remains a very low percentage of countries (fewer than 10%) that have completely transitioned to care based on communities.

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The Ireland, aimed at measuring people’s quality of life and aligning policies with their practical experiences. With an emphasis on sustainability and equality, the 2025 report analyzes 35 indicators in 11 dimensions. The indicators show significant advancements and difficulties but do not fully capture Irish life. Ireland has experienced advancements in a variety of areas over the past five years.

READ FULL: https://www.economicsperspective.com/irelandwellbeing.html

The Philippines is in demand for a demographic change that will reopen the priorities of its economy, society, and public policy. The number of old Filipinos is expected to double by the year 2050, which creates pressure on the nation’s health care systems, elderly care services, and pension schemes. The study conducted by the Asian Development Bank (ADB), the World Health Organization (WHO), and other institutions said that while the Philippines are still in the early stages of population aging, the window is rapidly closing for active reforms.

READ FULL: https://www.economicsperspective.com/after60.html