The Bretton Woods System

The Bretton Woods System: a Blueprint for a Globalised Economy The Bretton Woods System was a set of international economic and financial agreements established in July 1944 during a conference in Bretton Woods, New Hampshire, USA, towards the end of WW2. The agreements intended to establish a renewed framework for the global economy, stabilise the international monetary system, and prevent economic conflicts such as protectionism … Continue reading The Bretton Woods System

Low Fertility and its Economic Consequences

What are the causes and consequences of low fertility rates in advanced economies? How can we combat them?   Introduction  In this article, the aim is to explain and find ways to combat the main causes of low fertility rates in advanced economies: the cost-of-living crisis, the declining rates of child mortality and the empowerment of women, which encompasses both their higher education and the increased … Continue reading Low Fertility and its Economic Consequences

How Natural Disasters Can Disrupt Economies: Helene and Milton

Natural disasters bring about economic shocks that extend beyond immediate physical damage. Hurricanes Helene and Milton, which recently hit Florida, disrupted vital industries like energy and trade. These events have had ripple effects that impacted employment, consumer spending, and supply chains within the U.S. Given Florida’s significant economic role, these natural disasters reached beyond the national level, sending shockwaves through global financial markets. Insurance Market … Continue reading How Natural Disasters Can Disrupt Economies: Helene and Milton

The age of depopulation – what will it do to our economy?

For centuries, discussions surrounding overpopulation and its potentially devastating effects on our environment, resources, and economy have dominated the field. However, a new phenomenon is beginning to attract people’s attention: depopulation. As birth rates plummet around the globe—in both high-income countries and low-income countries—our world may at some point see the first reduction in global population since the bubonic plague in the 1300s. A global … Continue reading The age of depopulation – what will it do to our economy?

Person in hazmat suit looking at corn

The Rise of GM Crops

As of 2016, the global economic benefits of genetically modified crops surpassed $150 billion. Considering the first engineered crop was developed by Calgene in 1994, this progress is simply incredible. Although having caused quite a stir when first released publicly, the farmers, and even consumers, have grown fond of these new innovations. It goes without saying that the latest scientific breakthroughs are rigorously tested, which … Continue reading The Rise of GM Crops

Large crowd of people

Overpopulation: Should we be worried?

Never before in human history have there been as many people alive as there are right now. The human population had been gradually increasing for the last couple of millennia, until there was an explosion in growth in the 19th century due to rapid medical and economic progress, brought about by the Scientific and Industrial Revolutions. As a result, the number of people has skyrocketed … Continue reading Overpopulation: Should we be worried?