The Euro is the common currency of most of the European countries. Similar to the Euro, some have suggested that North America should have its own common currency and get rid of the individual currencies. So instead of the Canadian dollar, the US dollar and the Mexican Peso a common yet-to-named currency can become the …
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The total number of stocks listed on the U.S. exchanges has declined for many years now following the dot-com bubble. However the total number of mutual funds listed remains very high. Number of Companies listed on the organized U.S. Exchanges: Number of Companies listed on the NYSE: Source: via Felix Samon @ Reuters From U.S. …
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The OECD recently published its annual report on income taxes in OECD countries. The report titled “Taxing Wages” shows that the tax burden on employment income rose in 22 of the 34 OECD countries in 2010. However the rise in most cases was small. Income Tax Rates for one-earner married couples with two children earning …
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The chart below shows the share of general government employment in total labor force across OECD countries: Click to enlarge Source: Bringing French Public Debt Down: The options for fiscal consolidation by Balázs Égert, OECD The Scandinavian countries of Finland, Sweden, Denmark and Norway have the highest percentage of government workers relative to the total …
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The European debt crisis is again taking the center stage in recent weeks as countries such as Greece and Portugal are struggling with mountains of debt and may need further bailouts. As we all know there is good and bad debt. Just like individuals, the type of debt a country holds and the ability to …