Investments

Ukraine, a country once considered as an integral part of the Soviet Union, has had a checkered economic history since its independence. Despite being one of the largest economies in Eastern Europe, Ukraine's GDP per capita has always lagged behind Russia, which has been three-four times better in terms of GDP terms per capita. The recent announcement by the World Bank that the forecast for Ukraine's GDP has been cut down to zero this year (2013) has only added to the country's economic woes…

t is fascinating to compare the economic growth of the Baltic states and Caucasus regions and make predictions on their future growth. The competition between these two regions to achieve a GDP of 100 billion USD is intense. In 2012, the total GDP of the Baltic states was 92.47 billion USD, while that of the Caucasus was 92.94 billion USD, with the latter leading by just 47 million USD. With 2013 already underway, it is interesting to take a look at the forecasts for each country and make…

The Nordic region, consisting of Denmark, Finland, Iceland, Norway, and Sweden, is known for its high standard of living and robust economies. In 2012, these countries combined had a total GDP of 1.603 trillion USD, which is a significant number compared to other regions such as the Baltic states or the Caucasus. When looking at the GDP of each country, Sweden had the highest with 525.7 billion USD, followed by Norway with 499.7 billion USD, Denmark with 314.2 billion USD, Finland with 250…

The Baltic states and Caucasus region both have unique economic landscapes that make for an interesting comparison. Let's start by looking at the GDP in each of the six countries in 2012. Azerbaijan was the wealthiest country with 67.2 billion USD, followed by Lithuania with 42.25 billion USD, Latvia with 28.37 billion USD, Estonia with 21.85 billion USD, Georgia with 15.83 billion USD, and Armenia with 9.91 billion USD. It's interesting to see that Azerbaijan was the clear winner when…