Not exact matches
The Facts: The overall U.S. tax burden is actually one of the lowest
among the 32 developed and large
emerging -
market economies tracked by the Organization for Economic Cooperation and Development.
Staley told CNBC that given the high level of debt across the world, in particular
among emerging markets where dollar - denominated debt has grown dramatically, many
economies could be at risk if there were sudden changes in financial conditions.
Foreign - affiliate sales don't directly reflect South - South trade, But it's a strong indicator of how much Canada has invested in
emerging markets and the potential for it to be leveraged in trade
among these fast - expanding
economies.
Today, according to the most recent estimates by McKinsey, the figure is 282 %, the highest
among all
emerging -
market economies.
While this phenomenon is most common
among developed
economies, some
emerging markets also suffered from it: for example, China's headline inflation rate recently dipped below 1 %.