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10 Economically Riskiest Countries

By SiliconIndia   |   Monday, July 29, 2013
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Bangalore: Financial stability of the country is one of the most important aspects for a successful economy. In order to provide welfare to its citizens many countries invest lot of money from its GDP.

Maplecroft a risk analysis firm conducted a study on Fiscal Risk Index under which sustainability of 163 countries were studied. Among them, Europe was found to have the least sustainable finances.

There were 10 countries that were ranked at the most dangerous end, out of which nine are European countries.

The research was based on 9 various indicators like child and old-age dependency ratios, labour rates of the over-65s, GDP, debt, and public spending on pensions, health and education.

Take a look at these 10 countries which are under the increasing risk of economic pressure, listed by Rediff.

1. The United Kingdom
Fiscal Risk Rank: 10

In U.K. there are about 25 elders out of 100 working people. This ratio of 25:100 is expected to increase by 38 by the end of 2050. The core reason is U.K spends more than double of what other countries spend on pension.

In this country, there are around 8 percent of elderly people who work, while the global average is at 28 percent.

Also Read:
9 Simple Ways to File Your Income Tax Returns
Why India Should Have Women Centric Banks?

 


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