Countries with best economy

Top 3 Countries With Best Economy In The World

Changes in the economic cycle do affect the economy throughout the world. However, to note that this top economy does not seem to be affected easily from the position it currently occupies. The following is a list of the countries with best economy in the world.

Countries with best economy

1. United States of America

The first from the list of countries with best economy is the United States of America still leads in the first position with a nominal GDP of $19.39 trillion. The United States has occupied the highest position in the world economy since 1871. Which made it known as an economic superpower.

Almost a quarter of the global economy is caused by the United States economy alone covers. Supported by sophisticated infrastructure and technology and abundant natural resources.

President Donald Trump’s economic policies with the tagline Make America Great Again seem to be able to improve the country’s economic performance after the 2008 financial crisis. Some of Trump’s policies include making tax cuts on a large scale.

Such as cutting corporate taxes, eliminating real estate taxes, and reducing individual taxes. Another policy is to create 25 million jobs in the manufacturing sector. Then, free trade but still protecting the US industry, one of them by applying import duties for Chinese products by 45%.

2. People’s Republic of China

The GDP is 12.01 trillion owned in China. In the past few decades, China has experienced exponential growth over. In 1980, China ranked 7th as the country with the largest economy with a GDP of $305.35 billion. While the size of the United States at that time was $2.86 trillion.

Starting market reforms in 1978, an average economic growth of 10% per year is owned by the Asian giant. In late years, the rate of economic growth has slowed but remains high compared to other countries. 

China broke the close economic constraints that had plan centrally to evolve into the world’s manufacturing and exporting center. China is famous as the “world factory” because of its enormous manufacturing and export base.

However, over the years, the role of services in the country has gradually increased and manufacturing as a contributor to GDP has declined relatively. The persistence of the Chinese people in trading should be recognized and become a recommendation for those who are successful in their trade.

It is the principle and commitment of the family that makes their trade fly fast. This makes China’s per capita income quite high at 91 thousand USD per year.

Products from China are almost able to control several countries in the world. The intelligence of the Chinese is that, even though many products made are imitation, the quality can still be the same as the original.

3. Japan

The Japanese economy currently has ranked third in terms of nominal GDP, while it slipped to the fourth position when comparing GDP with purchasing power parity (PPP). The economy has faced hard times since 2008 when it first showed symptoms of a recession.

Unconventional stimulus packages combined with subclass bond yields and weak currencies have further strengthened the economy. The economic growth of around 1 percent in 2016 and continues to around 1.2 percent in 2017.

However, it is estimated that it is still below 1 percent over the next five years. Japan’s nominal GDP is $4.84 trillion, GDP (PPP) is $5.42 trillion, and GDP (PPP) per capita is $ 42,860.

That’s the top 3 of countries with best economy in the world. It certainly happens with the strengths of important people in it. Is your country include?

Oldest Festival in the World that still Exist

A festival does not only attract tourists but it also attracts the local people. Whenever people go traveling, a festival is one of the activities that they must watch. However, it is not only about performance but it is also tradition as well. Some places have festivals as a tradition whether for their religion or their country. The oldest festival in the world is still going on until today.

People do not only celebrate festivals for tradition or religion but also for culture and heritage. People celebrate it at a specific time or also routine. During the festival, people usually meet their whole family, friends, and loved ones. It is one of the moments to gather around and brings happiness and positive vibes to the environment. To know more about it here is the oldest festival in the world:

1. Raksha Bandhan

Hindu is one of the oldest religions on earth. India is a country that most people are religion is Hindu and they have one of the oldest festivals. The festival Raksha Bandhan is a moment to gather the love between siblings. People celebrate it in August, usually on the last day of Shraavana, according to the Hindu Lunar calendar. During this moment, sisters would tie a rakhi on their brother’s wrist. Sisters would pray their bother for happiness and fortune. Brothers would also promise to protect their sister from any harm in the world.

2. The Dragon Boat

Another oldest festival in the world is the dragon boat from China. People celebrate it since 2000 years ago. The dragon boat is held on the fifth month, on the fifth day of the Chinese calendar. This tradition is important because it gives good luck and a happy life to the rest of the year. Not only dragon boats, but people would also eat rice dumpling during the festival

3. Christmas

Christ is the most famous and oldest festival that people know and celebrate. It is the moment of birth of Jesus Christ on 25 December. People would celebrate Christmas with decorating and exchanging gifts. Moreover, at this time people would go to the church to pray. As the following time, people would celebrate the new year also after Christmas.

4. Sterling Renaissance

Another oldest festival in the world is the Sterling Renaissance. It gathers many comedians, jugglers, actors, musicians, illusionists, and other entertainers to perform the crowd. This festival is usually held during the weekend in July and August, during summer school. Kids and elder people would watch and even play together.

5. Diwali Festival

Another Hindu festival that is the Diwali Festival. This festival is the symbol of love and happiness to end the evils. During this moment, people would decorate their houses with flowers and lamps. To show their love and wishes to one they love, people would gift presents of Diwali sweets with dry fruits.

The oldest festival in the world must be preserved. Festivals are important not only it has a great meaning, it also gathers around people together. It could enrich the culture, tradition and the Tribe as well.

biggest cities in the world

The Biggest Cities In The World From Asia

biggest cities in the world

As the largest continent in the world, Asia occupies the first position. On this continent, there are more than 40 countries. Therefore, it is not surprising that the population is very large. As the biggest continent, there are the biggest cities in the world in Asia

The population living on the Asian Continent is around 4 billion people. This is more compared to the population in six other continents. This are some cities with the bigger size from the other city around the world

1. Tokyo, Japan

Japan’s capital city is the biggest cities in the world, based on its population. Every day in Tokyo is a busy day. There are more than 38 million inhabitants there. In the 19th Century, Tokyo was known as Edo.

At that time Edo was not the capital of Japan. The capital of Japan was originally in Kyoto, then moved to Edo. Since 1868, the name has changed to Tokyo or the eastern capital. And now Tokyo is known as the biggest city with its technological sophistication.

2. Delhi, India

The 2nd largest city in the world in Delhi, in India. The city has more than 26 million people. The streets in Delhi are very crowded and filled with public transportation, motorcycles, cars, pedestrians, and traders. There are also pedicabs or freight trains pulled by cows.

Many tourists come to this city because they want to find a uniquely Indian cultural experience. In here, there are many traditional snacks. In Delhi, there are also many fortresses of historical heritage, such as Red Fort, friends.

3. Shanghai, China

Although filled with tall buildings, in Shanghai there is still a thick cultural area. The population in Shanghai is more than 24 million. This city is a city that looks very modern. In Shanghai, there is the second tallest tower in the world.

There are also many famous restaurants in the world. However, like other places in China, there is also an old city that contains buildings and shops typical of China.

4. Mumbai, India

Like Tokyo, Mumbai in the past has another name. Its name is Bombay. The Mumbai population is estimated to reach about 21 million people. There is a very famous building, The Gateway of India. This is a monument built on the harbor at the beginning of the 20th century. This city is the center of Indian Bollywood films.

5. Beijing, China

As one of the largest cities in the world, Beijing ranks 5th. There are many famous buildings in here. There are Forbidden Palace, to the Wall of China. This city is indeed most famous for its very thick Chinese traditions. The city is also inhabited by around 21 million residents, friends.

6. Osaka, Japan

Osaka is one of the largest cities in the world. There are around 20 million people live in Osaka. Osaka is also known as the city of merchants in Japan. The natural scenery in Osaka is very typical of Japan.

There are many rivers and flowering trees. The city is also known as the center of culinary tourism in Japan. As the biggest city in Japan, Osaka also has popularity like Tokyo.

Those are some of the list of the biggest cities in the world. A city is indeed a place to live to continue its life. Large or small areas are not a problem. Because it is only a measure of numbers. And the most important thing is being able to gather with your beloved family.