Below is the price chart of Garmin from June 2008 to March 2010: (Source: Msn Moneycentral) The company pays an annual dividend of 0.750, which is much higher than the industry’s average. Starting at 1.2 in June 2008, Garmin’s earning per share ratio dropped to 0.240 in March 2009, went up to 1.290 in December 2009, and suddenly dropped to 0.190 in March 2010. The industry’s EPS ratio is unstable, too. Besides, looking at the P/E ratio of the company, we can see a broad range of values. Compared to the industry average, Garmin’s P/E is much smaller, but they both follow the same trend.
Countries like Greece, Italy, Spain, Portugal and Ireland are mired in sovereign debt crisis. These countries are trying to implement IMF-dictated austerity measures. As a reset India’s exports have been declining where as imports bill has been rising. In a clear sign of the euro zone sovereign debt crisis impacting the Indian economy, growth in exports slipped to a mere 10.8 per cent at 19.9 billion dollars in October this year, the lowest increase since the same month in 2009 when it contracted by 6.6 per cent. In sharp contrast, imports grew at a much faster clip at 21.7 per cent to 39.5
GDP composite of china 2009 Physical capital accounted for almost 50% of total growth and labour for only a little over 10% over recent. Total factor productivity contributed the remaining growth, partly driven by the reallocation of labour from the rural sector to manufacturing. China’s savings are high but it is not the household saving, it is unchanged since 1990's, therefore the consumption is 35%. The corporate savings have increased due to the firm tendency to retain earnings. According to World scope data, over half of listed Chinese industrial firms did not pay a dividend over the past decade.
Unemployment is at 24%, meaning 4 million people who would like jobs do not have them. Economically South Africa has the means to escape but has not yet utilised them and done so. It has been over 16 years since apartheid was brought to an end but the gulf between white and black, rich and poor still exists. In 2000, 50% of South Africa was living below the poverty line. Unemployment is 27.4% among black South Africans but only 4.1% amongst whites.
By contrast, Britain, Australia and Canada combined see fewer than 350 gun-related murders each year. And it's not just about murder. The non-gun-related suicide rate in the US is consistent with the rest of the developed world. Factor in firearms, and the rate is suddenly twice as high as the rest of the developed world. Between 1993 and 2003, the number of murders fell by 40.8 percent and domestic burglaries fell by 45.7 percent.
98% of people who do not have access to education live in developing or third world nations, this is a serious issue when looking at why poverty and low standards of living are so dominant. Since 1970 the levels of illiteracy have dropped considerably, from 37% down to 16% in 2006. This is due to the population growth around the world with rural areas still underprivileged and without access to education. 80% of the world’s population who do not have access to education live in rural areas. Figure 1 above shows the number of children that are not currently getting an education in developing regions.
In year 2006, the U.S. and along with other countries like France, Germany and the United Kingdom that first industrialised were faced with a significant drop of GDP. The U.S. dropped from 40.3 percent to 19.7 percent, however still remained the largest in the world. This was due to the faster economic growth of several other economies in Asia. (Jones, 2010) China would be the best example to describe the situation. Basically, China today, increased to a marginal amount of 15.1% from the 1960s.
Youth unemployment is a global issue; however it is more pronounced in developing countries of the world, with attendant social, economic, political, and psychological consequences, hence, higher youth unemployment in any country should be of worry to policy makers. Global unemployment remained stable at 8% between 2010 and 2011, according to Gallup surveys of 148 countries. Unemployment was highest in the Middle East and North Africa (22%) and sub-Saharan Africa 17% (Marlar, 2012). However, Nigeria’s unemployment rate is higher than the sub-region’s average at 23.9% in 2011 compared with 21.1% in 2010 and 19.7% in 2009 (National Bureau of Statistics (NBS) 2012) and this figure is projected to hit 25% by the end of 2012 (USA Embassy in Nigeria, 2012, NBS 2011, National Central Bank Bulletin 2011etc). Further, it is estimated that Nigeria has a youth population of 80 million, representing 60% of the total population with a growth rate of 2.6% per year.
According to World Bank (2005), poverty reduction, in the context of environmental sustainability, is one of the greatest human challenges in the twenty-first century. The social inequality may be one of the reasons for people being in poverty and not good for the development in the future. 85 people have as much wealth as the poorest half of humanity in 2014 and it is getting worse nowadays. 70% of human lives in countries where the gap between rich and absolute poverty currently and it is getting bigger (Oxfam GB, 2015). In capitalism economic model, a wealthy man probably uses its wealth to influence or pressure governments for creating laws or policies which can make more money such as allow him to pay less to his employees.
There has been only marginal increase in literacy level from the last census in 1991 (literacy level was 52.2%). The pace of progress in literacy rates, as revealed by decennial censuses, is very slow in India. Between 1961 and 1991, a span of thirty years, literacy rate has gone up by a mere 23.9 percentage points, from 28.3 in 1961 to 52.2 in 1991.From 1991 to 2001 there is 13.36%increase. However the literacy scenario in India is characterized by wide inequalities among different sections of the population. The female literacy rate is still low in comparison to male population.