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The Nigerian government must diversify the economy if the country is to survive falling global oil prices, said World Bank VP and Treasurer, Arunma Otteh. She said that Nigeria ranks 152 out of 188 in the HDI, and ranks below the average for sub-saharan Africa. Life expectancy in Nigeria is 53 years, 8 years lower than Ghana and 21 years lower than Brazil. Nigeria also ranked 136 out of 168 most corrupt countries in Transparency International's 2015 report. This affects the flow of FDI to the country. Nigeria's rapid GDP growth over the past decade hasn't translated to strong human development or competitiveness. Nigeria can no longer only depend on oil, which not sells for as low as $26/barrel which accounts for 95% of the country's foreign exchange.

This article highlights how the GDP is not the only factor in measuring the development of a nation, but how corruption and business confidence can play a role. This is seen by the decreasing oil prices, which has affected the Nigerian economy greatly.

Canada has ranked ninth in the UN's annual Human Development Index (HDI), out of nearly 200 countries. The HDI measures health and life expectancy, access to education and standard of living.

Iran moves up 6 ranks in Human Development Index in a single year: UNDP TEHRAN - According to the 2015 Human Development Report (HDR), the Islamic Republic of Iran's Human Development Index (HDI) value for 2014 is currently 0.766.

The article treats about the sudden improvement of the Iran's HDI in the year 2015, which is one of the highest increases for any country in the world, past 8 years.

Americans are having shorter lives than most other developed countrys, this shows a slow negative downfall of American health. The US report identifies obesity and the lack of health insurance for some 47 million Americans as the most significant factors in premature death. This shows negative development in health and HDI.

Many things are affecting what the outcome of Niger's latest election will be. An issue of concern for the country is that they are ranked lasted bu the UN in human development. Despite producing uranium and oil, Niger has the lowest HDI and the highest fertility rates. President Issoufou has used planning to address this issue to help his campaign. Niger's elections are being affected by the HDI because the other issues that the country has comes from their HDI being so low

This article, published by the Wall Street Journal on November 25, 2015, describes the anticipated and actual inflation measures for the month of November. The article describes how real inflation in the United States has continued to be below anticipated inflation. Also mentions exchange rates and price indexes.

When the discussion of "worlds greatest nation" comes up, one of the biggest primary factors is how developed a country is. Whether it's ease of access to education, salary, or overall health of a country, all are tied into a measure called the Human Development Index.

Ontario, Canada has just introduced a large investment to help indigenous communities develop. The program is aimed at improving education opportunities, supporting local businesses, and promoting local tourism and events. In all, this is aimed at improving the HDI of indigenous communities and of Canada as a whole.

The article relates to opportunity cost and how each choice holds a negative and positive trait. In the article they spoke of soft money (paper money) and the use of species (such as gold and silver). The positive effects of soft money is that it is cheap to produce and doesn't require much material. However. The issue with soft money is that since it's so inexpensive people believe that it will cause inflation to soar. Species are valued because they are hard to find and require a lot of labor to get (more money). Taking a lot of time to retrieve and to mold into coins takes up more energy. A new idea that came to mind is digital currency. Depending on how it is used it can become a great asset or a hindrance. Overall, there are many opportunity costs all holding good and bad qualities, but the greatest is the one that benefits us overall.

This article shows the government of Japan struggling to get Japan into a low inflation. taxes are increasing exponentially but all because of the recession. He tried to get more workers to work and reduce inflation. However, the money is losing its value because the Central Bank is printing too much currency. Therefore, the income of consumers is literally worth nothing.

Consumers are upbeat about the economy and their future income prospects, according to the University of Michigan's latest survey. The preliminary headline consumer sentiment index for November was 93.1. Economists had estimated a rise to 91.5 from 90, according to Bloomberg. This increase is likely to become evident in higher consumption, which will shift the AD curve right, thus increasing short term aggregate supply.

What you need to know about Friday's Japan economic data: Core CPI excluding fresh food fell 0.1 percent from a year earlier (-0.1 percent forecast) following declines in September and August. So-called core core CPI, which excludes energy and all food, rose 0.7 percent (0.8 percent forecast).