...Nigeria is Africa s most populous country wi th close to ### million inhabitants. However, approximately ##% of the populat ion lives on less than the value of one US dollar per day. The Nigerian economy depends heavily on the oil sector, which contributes ##% of export revenues, ##% of government revenues and about a third of gross domestic product. Since ####, economic growth has im proved, recording a CAGR of #.#% over #### ##. In ####, the Nigerian economy was expected to have expanded by around #%. Medium-term prospects look good, with a CAGR of #.#% expected over the #### ## period. President Olusegun Obasanjo s victory in the #### presidential election marked a significant shift in Nigerian politics. The elec tion ended ## years of military rule in the country. Since then, Nigeria has developed into a continental power due to its size, oil resources and military strength. President Ob asanjo s re-election in #### showed that a democratic foundation is slowly being...

...As the center of the Inca Empire, Peru is home to a rich cultural heritage including Machu Picchu, the legendary lost city of the Incas. The Spanish conquistadores defeat of the Incas in the ##th century brought three centuries of European colonialism. In ####, Peru was the last of Spain s Latin American colonies to achieve independence. Since then, Peru has been beset by economic and political instability; however, over t he past half decade, this seem s to have corrected itself. Despite Peru's rich natural resource base , the majority of its population which is mostly comprised of descendants of Peru s indigenous Native American population remains desperately poor. The Peruvian economy s over-dependence on the export of raw commodities such as coffee and copper, which are subject to substantial price and demand shocks, has not helped the country s development. In recent years, Peru has emerged from several decades of political instability and violence, as well as...

...Since gaining independence from communist Yugoslavia in ####, the central European nation of Slovenia has adopted a stable, multi- party democratic system of governance. It is one of the more prosperous nations in the EU , of which it became a member in May ####. Following its accession, Slovenia became the ##t h member of the Eurozone on January #, ####. The country is characteri zed by a stable polity and significantly higher economic output than the other major economies of cont inental Europe, recording a CAGR of #.#% over the period #### ####. The #### parliamentary elections marked the begi nning of a new regime in Slovenia, when for the first time in ## years, the Liberal Democratic Party failed to form a government. Instead, the center-right Slovenian Democrat ic Party, led by Janez Jansa, emerged victorious and formed a coalition government with the New Slovenia-Christian People s Party. The Jansa administration restarted the stalled privatization program and introduced...

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...Egypt is home to an unparallel ed cultural legacy. The pyramids which have stood for more than four millennia symbolize the country s rich heritage as the dominant power in the pre -classical Mediterranean world. The millions of tourist visitors drawn to Egypt s ancient sites each ye ar provide the country s major source of foreign exchange. However, the modern world has been less kind to...

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...Morocco, a constitutional mona rchy with a ## million -strong, predominantly Arab and Muslim population, lies on the north -west coast of Africa. It has strong trading and cultural links with southern Europe, particularly France and Spain. In recent years, economic integration with the Eu ropean economy has increased sharply, assisted by a free trade agreement negotiated with the European Union...

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...For fifty years Israel has be en at the center of the global news agenda. Its conflict with the Arab world in general and the Palestinians in particular, and its close relationship with the US have all come under intense scrutiny. For historical, ethnic and geopolitical reasons, Israel is a unique state. However, it is also a small emerging economy, and shares many of the characteristics of this...

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...Since emerging as a modern sec ular state under the leadership of the charismatic nationalist Kemal Ataturk in the ####s, Turkey has struggled to find its feet in the Western political and economic system. While the economy has atrophied under decades of inwards -oriented state intervent ion, the political system has been characterized by instability and corruption. The present government of the...

...For most of the former commun ist states in Eastern Europe, the transition to democracy was largely peaceful and led to a clear momentum for political and economic liberalization. By contrast, Romania s own bloody revolution presaged a decade of stalled reforms and political instabilit y. Some questioned whether the Socialist politicians who have led Romania for much of the post -communist era...

...Initially at the forefront of Eastern Europe s transition to capitalism, and a darling of the investment community as a result, Poland s economy has shown increasing signs of strain in recent years. Unemployment has risen inexorably since ####, as high real interest rates and deteriora ting fiscal policy sapped investor confidence. In addition, the productivity gap with other OECD members in areas...

...Since splitting from the C zech Republic in ####, Slovakia s record on economic and political reforms has been rather mixed. Under the five -year rein of the mercurial populist Vladimir Meciar, the country became increasingly marginalized. Meciar s resistance to economic reform frigh tened off foreign investors, whilst the gradual erosion of democracy and minority rights saw Bratislava increasingly...

...Thailand, formerly known as Siam, has a long history as an independent kingdom. However, this outwards display of stability has not been matched at the level of government. Since becoming a constitutional monarchy in the early ####s, civilian governments have been characterized by s hort shelf -lives and endemic corruption. Seventeen military coups (up until the last one in ####) have also served...

...The Philippines stretches over a #,### island archipelago in the Pacific Ocean, and has a young and rapidly growing population, presently numbering some ## million. Almost five centuries of Western occupation, first by Spain and then by the US, has helped to shape the country s cu lture. Nevertheless, it retains a distinctively Asian identity. In the ####s and ####s the Philippines was caught...

...New Zealand - along with its Antipodean neighbor Australia - constitute the most geographically remote of the settler colonies established by the United Kingdom (UK) in the fifteenth to nineteenth centuries. In fact New Zealand is a relatively recent creation, with UK control ove r the two major islands that constitute the country s territory established only in #### by the treaty of Waitangi,...

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...In #### France was riding high, with a successful economy, falling unemployment and a world cup soccer victory in front of a jubilant home crowd. Six years on, things are looking less rosy. The French economy has taken a hit from the global slowdown since ####, with economic growth still lackluster and unemployment again edging upwards. Moreover, the strong showing of the xenophobic National Front...

...The United Kingdom (UK), as the second largest member of the European Union (EU) and the world s fourth largest economy, remains a significant economic and political force. Relative economic decline throughout most of the twentieth century has been reversed in recent years, whilst its membership of the UN Security Council, EU, NATO and G# allow it to maintain a strong presence on the international...

...The United States (US) dominates the world economy. It has successfully regained the mantle of technological leader through the early adoption and propagation of information and communications technology (ICT). Its cultural dominance is ensured by the enduring popularity of US music and films globally, and now by the growing spread of the internet. Meanwhile, its military might is absolute, and...