Articles about economics

United States Economy

In essence, the USA is, at the same time, the largest global importer and the same significant exporter. Telecommunication equipment and semiconductors, airliners and automobiles, engines and equipment for energy-producing industry, measuring instruments and services are the main export trends of the country.... Read more

Great Britain's Economy

Carrying out central bank functions in Great Britain is assigned to the Bank of England. Although BA has the status of an independent organization, the Board of Directors is appointed by a special royal decree and only after the approval of nominees by the Parliament. Interest rates set in the framework of credit... Read more

Clearing Activities

Two main systems for offsetting obligations are used in modern clearing. One of them is bilateral (pair-wise) offset when participants are the same parties.  Multilateral offset is somewhat more complex. It deals with the calculation of all participant transactions in regard to a certain type of operations by the time specified.... Read more

Australian Economy

Continuously high interest rates, economy that is developing steadily even though not by leaps and bounds, practically complete absence of currency intervention on the part of official bodies - all of that is the achievement made with the help of the Australian state policy.... Read more

Japan's Economy

Japan imports not only raw materials for its own production but also energy resources (gas, coal, oil, uranium, etc.). Only 20% of those raw materials are purchased at domestic markets, the country buys the rest abroad. Japan's inflation and unemployment levels are all-time low for a country with developed industry.... Read more