Analysing the Economic Impacts of the Israel-Palestine Conflict
On the 7th October 2023, an ongoing armed conflict between Israel and Hamas escalated significantly as a result of a ferocious and unprecedented attack on Israel. For historical context, this is not the first conflict that has arisen between these two groups: since 1948 there has been unrest within the region. The cyclical nature of this conflict poses a great threat to the economies of both … Continue reading Analysing the Economic Impacts of the Israel-Palestine Conflict
Green Bonds: Financing a Sustainable Future
In a world increasingly concerned with environmental sustainability and the impact of climate change, innovative financial instruments (a monetary contract which can be traded e.g. a stock, bond, derivative) have recently emerged as effective tools to fund projects and initiatives aimed at mitigating environmental damage. Of these instruments, green bonds, have gained prominence as a means to raise capital for projects with positive environmental benefits. … Continue reading Green Bonds: Financing a Sustainable Future
African Economies : How have oil and corruption affected Nigeria’s economy?
Nigeria is one of Africa’s most influential nations and holds significant power both economically and geopolitically. With a population of approximately 225 million people, it’s not only the most populated country in Africa but also has the continent’s largest economy. In 2022, Nigeria’s GDP reached an impressive $477.39 billion. Meanwhile, the country has been grappling with pressing challenges of poverty, crime, corruption, and overreliance on … Continue reading African Economies : How have oil and corruption affected Nigeria’s economy?
African Economies : Zimbabwe’s Journey from a 100 Trillion Dollar Bill to Economic Recovery
Zimbabwe has captured global attention due to its serious economic struggles. Pre-independence, Zimbabwe’s economy relied heavily on agriculture and the stable Rhodesian Dollar. However, post-independence, it has encountered the challenges of hyperinflation, land reform, and political instability. These difficulties have had a long-lasting impact on Zimbabwe’s economy, making it difficult for locals to trust the local currency, and has piqued the interest of the global … Continue reading African Economies : Zimbabwe’s Journey from a 100 Trillion Dollar Bill to Economic Recovery
News Briefing – 21/11/2023
UK Economics Rishi Sunak officially declared that he has met his pledge to halve the rate of inflation by year end. The consumer prices index was 10.7% at the beginning of 2023, but it fell to 4.6% in September. Inflation is now at its lowest point since October 2021. Contrary to economists’ predictions of a 0.3% rise, UK retail sales volumes fell 0.3% in October, … Continue reading News Briefing – 21/11/2023
Are Stock Market Indices effective in Predicting Economic Trends?
Stock Market Indices, commonly referred to as the barometers of the financial world, have long been utilized by investors and economists, who believe that their movements can provide insight into the broader economy. These indices such as S&P 500, Dow Jones Industrial Average (DJIA) and NASDAQ Composite are widely considered as the key indicators of overall market performance and can be seen as valuable tools … Continue reading Are Stock Market Indices effective in Predicting Economic Trends?
HS2: The potential vs the reality
The Potential: The development of a second high-speed rail network was originally proposed in 2009 by the Labour government at the time, led by Gordon Brown. Concerns began to arise over capacity constraints on the West Coast Main Line railway as they were increasing with the network projected to be at full capacity by 2025. Therefore HS2 Ltd was established to explore the possibility of … Continue reading HS2: The potential vs the reality
How has the Ukrainian Conflict Impacted Global Economic Recovery?
Following Vladimir Putin’s invasion of Ukraine, how has the Ukraine War conflict impacted global economic recovery? Joko Widodo, the Indonesian president, opened the G20 meeting by warning of the risks of the crisis to Ukraine on the global economy, “This is not the time for rivalries and creating new tensions that disrupt the… recovery, let alone endanger the safety of the world, as is happening in Ukraine,”. … Continue reading How has the Ukrainian Conflict Impacted Global Economic Recovery?
NBA and NFL economics
The electrifying world of professional sports brings all communities together, but beneath it lies a web of economic activities, that often go unnoticed. The NFL and NBA serve as two great examples of economics in sports, as the two most popular in the USA. The Spectacle of Salaries: The NFL operates under a salary cap system, with the 2022 cap set at $208.2 million per … Continue reading NBA and NFL economics
Henry George and the Land Value Tax
Henry George was a 19th century American economist who founded Georgism, or the movement for a single Land Value Tax. His ideas were immensely influential in his time, with his 1879 book Progress and Poverty selling millions of copies worldwide. But despite this Georgism is rarely discussed today, even though many of the questions he sought to answer are once again resurfacing. Should we tax income or wealth? … Continue reading Henry George and the Land Value Tax
