Economy of Cyprus levels of those that live in the capital city: citizens living in the capital express lower levels of happiness. As found in this study, citizens of Cyprus that live in its capital, Nicosia, are significantly less happy than others whether or not socio-economic variables are controlled for. Another finding was that the young people in the capital are unhappier than the rest of Cyprus; the old are not. Economy of Cyprus The economy of Cyprus is classified by the World Bank as a high-income economy, and was included by the International Monetary Fund in its list of advanced economies in
Capital city capital, Rangoon, was claimed to be too overcrowded. A few nation states have multiple capitals, and there are also several states that have no capital. Some have a city as the capital but with most government agencies elsewhere. There is also a ghost town which is currently the "de jure" capital of a territory: Plymouth in Montserrat. There are several countries where, for various reasons, the official capital and de facto seat of government are separated: Some historical examples of similar arrangements, where the recognized capital was not the official seat of government: With the rise of modern empires and