How industrialization shaped our society
Industrialization gave rise to a middle class, which comprised professionals, managers, skilled workers, and entrepreneurs...
Tag : economy
Impact of institutional economy
While increased equality and effective economic institutions helped Vietnam's economy flourish, Nicaragua's development was hampered by the government's instability and concentration of power...
Weighing Windfall Tax Impact
The rationale behind implementing a windfall tax is to capture a portion of these windfall gains and redistribute them for the public good...
The UK inflation rate surprise
Interest rates are a blunt tool to combat inflation, but they remain central banks' main tool...
China’s real estate stimulus faces consumer confidence test
China recently announced lowering interest rates on current mortgages and relaxing regulations for first-time homebuyers in major cities...
Ten ways to combat inflation
Inflation can be fought by promoting policies that expand the supply of goods and services...
China stops showing youth unemployment data
According to official data released, China's overall unemployment rate increased to 5.3% in July...
Nigeria to take significant action to save naira as inflation continues to haunt country
Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023...
Why do American banks collapse?
Banks are exposed to a range of risks, including credit risk, market risk and liquidity risk...
Dollar’s kingship under threat?
As of 2023, central banks hold about 60% of their foreign exchange reserves in Dollars...