Corresponding Author's : Sonika Sharma

Co-Author's : Rachna Mahalwala

Abstract :

This research paper conducts a comparative analysis of the economies of the United States, China, and India with the objective of giving a clear understanding of their economic structures, performance, and trends by looking at key economic indicators from the World Bank DataBank. These indicators include GDP growth, GDP (in constant 2015 US dollars), GDP per capita, employment rates, current account balance, foreign direct investment (FDI), consumer price index (CPI), human capital index (HCI), inflation, interest rates, exchange rates, poverty gap, real interest rates, research and development (R&D) spending, literacy rate, and public debt service. By closely analysing the data and combining the findings, the paper highlights the unique development paths of each country along with the opportunities and challenges they encounter. By conducting a comparative analysis of the economic paths of these three prominent global economies, this study provides important insights into the different paths to economic growth and their impact on global economic connections. The findings aid in developing our understanding of the complexities of today's economies, offering useful knowledge for policymakers and practitioners working in the global economic field.

Keywords :

GDP, CPI, FDI, HCI, R&D

Article Details

Unique Paper ID: 2112

Publication Volume & Issue: VOLUME 4 - 2024 , ISSUE 3

Page(s): 10-19

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