The corporate tax rate in the U.S. has declined steadily since the 1960s. The rate has declined from over 40% during that period to 21% this year. Lower taxes does not necessarily mean more productive investment by a company. Instead of spending on R&D and other long-term investments most firms spend more of their profits …
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The trading bloc between the US, Canada and Mexico is one of the largest in the world. The three countries are covered by the United States-Mexico-Canada Agreement (USMCA) agreement that replaced North American Free Trade Agreement (NAFTA) earlier this year. The agreement allows for free flow of goods and services between the countries. The benefits of the …
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This post is a follow-up to a post from earlier this year where I discussed about the doctors per capita in OECD countries. As the vaccines for Covid-19 gets rolled out nurses will be one of the key workers in the health care sector involved in the administration of the vaccines. The following chart shows …
Tourism is a major industry in many countries. The below chart from OECD shows tourism as a percentage of GDP for select countries. Tourism accounts for 12.5% and 11.8% of the GDP for Portugal and Spain respectively. Other economies with high high dependence on this industry include France, Mexico and Greece. Tourism is 2.8% of …
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Australia is called as The Lucky Country due to all the advantages it has including the abundance of natural resources. In an article today Dr.Shane Oliver at AMP Capital writes on the reasons why Australian stocks are likely to outperform in 2021. One of the reasons he notes is on the success of Australia in controlling the …
Continue reading ‘OECD Countries Ranked in Controlling Coronavirus’ »