News Briefing – 02/12/2024
UK Economics World Economics UK Politics World Politics Written by Edgar Brown, Shreyas Veturi and Keshav Hajarnavis Continue reading News Briefing – 02/12/2024
Tag: M24.3
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?
The Rise in China’s EV Production
The Transition away from fossil fuels is one of the key economic driving forces of this decade. A key way for countries to wean themselves off hydrocarbons is through the replacement of internal combustion engines with electric battery powered engines. Electric Vehicles (including plug in hybrids) have seen a surge in production over the last few years. China is at the forefront of this global … Continue reading The Rise in China’s EV Production
Universal Basic Income: A Safety Net or a Growth Catalyst?
Introduction: Universal Basic Income (UBI) is a policy proposal that provides all citizens with a regular, unconditional cash payment, replacing or supplementing welfare programs and simplifying aid distribution. The idea has emerged as a captivating yet controversial policy, gaining the interest of all sides of the political spectrum. Its appeal is that it could play two complementary roles: an income floor for all, regardless of … Continue reading Universal Basic Income: A Safety Net or a Growth Catalyst?
Robocab Revolution
The anticipated robotaxi platform from Tesla represents far more than an advancement in autonomous vehicle technology—it stands as a direct competitive threat to established rideshare leaders Uber and Lyft. Through its advancing Full Self-Driving (FSD) capabilities, which Tesla claims will soon reach widespread implementation, the company continues its mission to transform transportation through automation. The emergence of fully autonomous services poses sweeping implications for traditional … Continue reading Robocab Revolution
UK Productivity – JKP 2024
It is certainly true that UK productivity has hardly grown in the years since the Financial Crisis. It is also the case that the UK has performed worse than other developed economies. However, the reason for this relative under-performance does not lie with “total factor productivity” (the portion of outputs not explained by the amount of inputs used in production). In considering what strategies are … Continue reading UK Productivity – JKP 2024
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