Mar 28, 2017
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Latin America and the Caribbean
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Graphics and data from the Guttmacher Institute.
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More information on ...
Latin America and the Caribbean
Asia
Sub-Saharan Africa
Developing Regions
Graphics and data from the Guttmacher Institute.
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Oil Price And The Global Economy: Understanding How It Affects Nations
Oil price increases are generally thought to increase inflation and reduce economic growth. In terms of inflation, oil prices directly affect the prices of goods made with petroleum products. As mentioned above, oil prices indirectly affect costs such as transportation, manufacturing, and heating. How does the decrease in oil prices affect the economy? Consumer Spending ChannelThus, normally,…
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