...Its own day!

five of the most talked about such groups on various macroeconomic parameters – Six rounds, five blocs, two pages and one choice!

+9.2%

Only the OPEC bloc recorded a fiscal surplus in 2008. Amongst the twelve OPEC nations, Saudi Arabia ($150 b illion) recorded the highest fiscal surplus for 2008, while three of them (Nigeria, Iran & Iraq) recorded deficits totalling $64.46 billion.

1.4%

Japan (OECD & G7) is the only country amongst all those in the blocs chosen that features in the top 20 of the inflation rate rankings in the world. The joint #2 amongst those chosen are Canada (G7) and Switzerland (EU & OECD) with annual avg inflation rate of 2.4%

30.4%

Venezuela (OECD) is the economy that recorded the highest annual inflation amongst all the nations in the blocs chosen. The ones which recorded the second and the third-highest inflation rates were Iran (OPEC – 25.6%) and Sri Lanka (SAARC – 22.6%)

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Source : IIPM Editorial, 2012.

An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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