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This makes the region the 10th richest in Spain, a big decrease from the 1970s/1980s - the heyday of the Spanish mining industry, when Asturias was commonly regarded as one of the most prosperous regions in Southern Europe.
1) The fall and rise of Asia 300 years ago, a majority of the world's economic output was located on the Asian continent. But with the coming of the Industrial Revolution, Europe's share of the...
Apr 26, 2024 · This data is adjusted for inflation and for differences in the cost of living between countries. This data is expressed in international-$ at 2011 prices, using a combination of 2011 and 1990 PPPs for historical data.
Sep 28, 2016 · Pakistan completes the group of South Asian economies. Its upward trend of recent years continues with an advance of four places to 122nd, although its score is still below the 2007 level. The climate of instability during this period has surely weighed down the country’s economic development. The Global Competitiveness Report 2016-2017 is ...
Oct 17, 2019 · By the late 1960s, Asia was the poorest continent in the world when it came to income levels, marginal except for its large population. Its social indicators of development, among the worst ...
- Deepak Nayyar
Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies.
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What is missed, however, is that the mis-predicted regions include the most populous (Asia) and the richest (Western Offshoots) groups. Focusing on rank orders also downplays the size of the gap between the leaders and followers in 1500 and 2003.