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The greatest cases of inequity typically would involve an impoverished and politically unstable country neighbouring a resource-rich and relatively stable one, although neither may be recognised as a high-income economy. As an extreme example, the GDP per capita for Saudi Arabia, is over 42 times greater to that of its neighbour Yemen.
The economy of Italy is a highly developed social market economy. [31] It is the third-largest national economy in the European Union, the 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP. The country has the second-largest manufacturing industry in Europe, which is also the 7th-largest in the world.
According to the California Department of Food and Agriculture, "California agriculture is a $42.6 billion dollar industry that generates at least $100 billion in related economic activity." [ 37 ] The state's agricultural sales first exceeded $30 billion in 2004, [ 33 ] making it more than twice the size of any other state's agriculture industry.
Category: Economy of Italy by city. ... Tourism in Italy by city (19 C) Transport in Italy by city (24 C) F. Economy of Florence (2 C, 3 P) M. Economy of Milan (3 C ...
The surge of migrants since 2021, including asylum seekers and others, has lifted the U.S. and California economies by filling otherwise vacant jobs.
New economic data puts the California economy at $2.747 trillion — bigger than most nations. The ranking puts in fifth in the world, just ahead of the United Kingdom, which is on $2.625 trillion.
When new gross domestic product figures last month showed US economic growth slowed from recent gangbuster levels, many people diagnosed the economy as having a really ugly sickness: stagflation.
Milan is the economic capital of Italy, [17] and is a global financial centre and a fashion capital of the world. Lombardy is the first [13] region of Italy in terms of economic importance. [14] As of 2021, the gross regional product (GRP) of Lombardy was equal to over €366 billion and accounted for about 22% of Italy's total GDP.