Emerging Economies Emerging Economies | Page 9

The best country according to US News that has the best ranking in overall measures is Germany. It has a GDP of $45 888 against $54 597 in the US, although the Us is ranked #4. Why is this? Well the US has some major national challenges, such as racial tensions or even income inequality, and one of the reasons to this is the how the US was built. With major waves of immigration, from Europe, Africa and other places. The US being diverse hasn’t been used in the best way, like for instance in Germany. That although the GDP is less it is still ranked as the number one country. So for this reason I state the a mixed economy being capitalist like the one in Germany is the best. Although now in the government they are facing some big issues with infants mortality. People are growing old, and don’t want to have children. Having their life including work being in their biggest interest, while in other countries such ans in Bangladesh or India is at its best interest to have more babies because it means more income.

As it was stated in the first paragraph about health care in the US. Well just like the US, Germany has also a mixed economy although they both different basis and different standard and ranks. For instance the health insurance in Germany 77% is funded from the government and rest privately. But in the Us it is differently, healthcare is so expensive that over 45 million citizens don’t have a health insurance. But people state that that doesn’t matter, that healthcare should be a private business. Cause there is an individual responsibility for it, and it depends on the economic value each person can give. But that can’t be, just like education. Health is something that can’t be based on someone earnings, because it really doesn't matter. People in the US should have the same right for health insurance. So in here it shows how mixed economies although have the same idea, they are so different when the details are viewed. But still having a mixed economy is the best alternative, most of the countries that are top listed in all the aspect have a mixed economy.

To have a mixed economy it means to have an economy like the one in Japan, or the US, or Germany or even South Korea. And they are the pioneers in economies, they are listed in the top numbers for economies and as a country as a whole. The better the economy, the better the country as a whole, there is no country with the best economy that is listed in the bottom of the list according to US News.