Cryptocurrencies and CBDCs – The Future of Money

As the world rapidly adapts to huge technological advancements, the traditional way of handling money has completely transformed. The rise of cryptocurrencies and development of CBDCs (Central bank digital currencies) have sparked a financial revolution, shaping the future of financial systems worldwide. Cryptocurrencies are completely digital and can be used as an alternative form of payment. They are created using encryption algorithms that ensure their … Continue reading Cryptocurrencies and CBDCs – The Future of Money

Spacenomics

The Economics of Space Exploration In the several records throughout human history, hardly any endeavours have captured the imagination quite like the exploration of space. From Armstrong’s first tentative steps on the moon to the voyages of rovers on the remote landscapes; humanity’s fascination with the cosmos has been relentless. Beyond its scientific appeal and thrill of discovery, space exploration does carry intense economic implications. … Continue reading Spacenomics

Boom to Bust: The Lebanese Economic Collapse

Overview Between 1975 and 1990, one of the bloodiest civil wars in history took place in Lebanon which left more than 120,000 people dead. The war, fought between the Maronites (Christians), Sunni muslims and Shia muslims had no clear winner after fifteen years. This stalemate led to the current Lebanese government set-up where each religious group has parliamentary representation and parties are formed on religious … Continue reading Boom to Bust: The Lebanese Economic Collapse

Boom to Bust: The Implications of China’s Real-Estate Crisis

Overview China’s economic boom over the last three decades has been well documented; its gross domestic product (GDP) grew at an average rate of 9% annually between 1989 and 2022 and is forecasted to overtake the American economy by 2035 according to Goldman Sachs. But economists frequently overlook a major vulnerability of the Chinese economy: its fragile real-estate industry. For decades, China’s economy has been … Continue reading Boom to Bust: The Implications of China’s Real-Estate Crisis

Black Wednesday 1992: Lessons in Disaster 

In the weeks following Wednesday 16 September 1992, the Pound crashed 25% against the US Dollar. Dubbed ‘Black Wednesday’ or the ‘Sterling Crisis’, the chaotic events of that day would have a lasting impact on Britain’s economy, politics and relationship with Europe. But despite this fact, the causes and effects of the 1992 Sterling Crisis are still not widely understood among the general public today.  … Continue reading Black Wednesday 1992: Lessons in Disaster 

From Emerging Giant to Economic Titan: India’s Journey to #5

In the final quarter of 2021, India overtook the UK and became one of the world’s top 5 largest economics (amongst powerhouses such as the US, China, Japan, and Germany). Now the country is projected to be the 3rd largest economy by 2027 ($5.4 trillion GDP by 2025) and has the largest population, overtaking China in April 2023. It is interesting to witness how a former … Continue reading From Emerging Giant to Economic Titan: India’s Journey to #5

The Second Space Race

“We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard”. Those were the words of John F Kennedy in 1962 at the dawn of the Space Race. In the previous year, the USSR had shocked the world by sending the first man into space. Uncle Sam was worried that his dominance was being … Continue reading The Second Space Race

What Effect will LLMs and Generative AI have on entrepreneurship?

Over the past few years, Large Language Models (LLMs) and other generative AI technology have become increasingly prevalent in business and enterprise. A LLM is a form of of artificial intelligence that uses deep learning algorithms to process, understand and generate natural language. They make up a part of generative AI, which refers to AI capable of generating content such as text, images, and other … Continue reading What Effect will LLMs and Generative AI have on entrepreneurship?