Category: Europe

Development, Economics, Europe, Politics

Capitalism and Social Welfare in Nordic Countries

As many advanced economies are struggling to balance changing demographic demand, inequality and free market capitalism, the Nordic countries – Denmark, Finland, Iceland, Norway and Sweden – are often held out as examples of successfully balancing capitalism and the social welfare needs of their societies. This is often attributed to “The Nordic Model” – a system which combines free market capitalism with strong social welfare, … Continue reading Capitalism and Social Welfare in Nordic Countries

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Europe, Finance and Markets, UK

Trade with the EU: Booming Growth or a Fallacy?

Rachel Reeves has had a busy start to her Chancellorship. Within the first 10 months, she has had a 40 billion Pound budget and watched in horror at the unprecedented upheaval of the last century of global trade. Trump’s uncertainty has ushered in a renewed vigour to look elsewhere for loyal partners and new, reliable investors. Or are they new? The Labour government was elected … Continue reading Trade with the EU: Booming Growth or a Fallacy?

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Business and Technology, Europe, UK

The Economics of Concorde

Concorde. It dominated the skies for over a quarter of a century, and was the first, and for now, only, commercial supersonic jet. But in late 2003, still a technological marvel, Concorde left the sky for one last time. Even today, Concorde is put alongside the Apollo missions as one of the most technologically advanced projects this world has ever seen. Yet, despite halving the … Continue reading The Economics of Concorde

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Development, Economics, Europe

Lifting the German Debt Brake

Germany has a unique constitution. It was born from the ashes of the Second World War and is one of the only countries legally limiting government borrowing as a percentage of its Gross Domestic Product (the value of all the goods and services produced in a country in a year). Governments around the world spend a considerable amount of money every year on everything from health services … Continue reading Lifting the German Debt Brake

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Americas, Europe, International, Politics, US

What is Trump’s Obsession with Greenland?

‘We need Greenland for national security purposes,’ declared President Donald Trump in a press conference on January 7th, a move shrouded in controversy that angered the EU, Denmark, and other rivals such as China and Russia. A closer look shows that his goal is much bigger than just spending almost $70 billion to buy a huge, mostly empty hunk of ice.     Firstly, this was … Continue reading What is Trump’s Obsession with Greenland?

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Europe, Politics

Germany’s Far-Right

Alternative für Deutschland (AfD) is a far-right party driven by euro-scepticism and anti-immigration; the party is now radically shifting Germany’s political state. AfD has recently grown in popularity, catalysed by a combination of public dissatisfaction with the current political system, and endorsements from high-profile figures such as Elon Musk, who called out the party as Germany’s “last spark of hope”. As the country faces economic stagnation … Continue reading Germany’s Far-Right

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Economics, Europe

Christiania: Economic Lessons from Copenhagen’s Self-Governing Society

Freetown Christiania is an experimental self-governing community in Copenhagen, amidst the “hippie” counter-culture movement of defiance that characterised the time. Born in 1971 from the occupation of an abandoned military base, Christiania defies conventional economic norms, operating without private property and with a unique model of communal ownership and resource sharing. Over the past 50 years, it has evolved into a sustainable micro-economy that draws … Continue reading Christiania: Economic Lessons from Copenhagen’s Self-Governing Society

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Economics, Europe, UK

Britannia on the Brink: Is the UK Turning into Greece Lightning?

In the aftermath of the 2008 global financial crisis, Greece was faced with crippling debt. Resulting in the implementation of austerity measures (policies which reduce government spending and shrink the budget deficit), slumping GDP and overall political instability. Despite the UK being one of the largest economies in the world its national debt (£2,686 billion) has been ever rising, especially after the pandemic and specific … Continue reading Britannia on the Brink: Is the UK Turning into Greece Lightning?

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Europe, Finance and Markets, History

Shareholders and the Dutch East India Company 

During the early 17th century, the Dutch found themselves in increasingly competitive waters concerning their early dominance of maritime trade. The English, Portuguese and Spanish were all threats to the diminishing share of the Netherlands in the lucrative spice trade. Something had to be done. Yet how would a single organisation gather the huge amounts of capital required for such an undertaking? Creating a corporation … Continue reading Shareholders and the Dutch East India Company 

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Development, Europe

Immigration in Ireland

Shelter and Society: Ireland’s response to the migrant surge Ireland’s immigration situation has significantly changed in the recent years, and the country is now confronting an increasingly urgent challenge: the nation’s housing, public services, and social cohesiveness are being seriously threatened by the sudden spike in migration, intensified by international crises like the war in Ukraine and the sudden increase in the number of refugees … Continue reading Immigration in Ireland

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