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Dr. Nisit Panthamit nisitp@gmail.com
World Economy Dr. Nisit Panthamit
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1. Will Iran ready to take off?
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Oil Price
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Which Western companies are taking a hit in Russia?
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‘Time bomb’: Aging population may explode global economy by 2050
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The number of people over 60 years old has doubled in the past 30 years and is expected to grow at the same pace by Increasing pension payments at a time of massive layoffs could result in an unsupportable burden for the world’s economies.
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By the middle of the century more than 3 million people will be older than one hundred years, says the business daily RBC, quoting a United Nations report. Today the number of 100-year-olds is about 300,000.
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Improved quality of health care, intensive developments in medicine, expanding access to education and economic well-being make a longer lifetime possible. But while mankind may rejoice in the opportunity of long-life, the aging population brings new challenges.
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Declining Population Could Reduce Global Economic Growth By 40%
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Examples of regional trade agreements
Among the best known are - The European Union, - The European Free Trade Association (EFTA), - The North American Free Trade Agreement (NAFTA), - The Southern Common Market (MERCOSUR), - The Association of Southeast Asian Nations (ASEAN) Free Trade Area (AFTA), and - The Common Market of Eastern and Southern Africa (COMESA).
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Educating the World
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China Just Overtook The US As The World's Largest Economy
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