Tag: Macro

China

Taming the dragon: the impact of the Chinese baby bust and how to reverse it 

In the 1980s, the Chinese Communist Party (CCP) issued posters as part of its one-child policy which claimed, “Villagers who want to get rich: have fewer children but grow more trees”.  Although this succeeded in curbing overpopulation, it was too successful; forty years on, China is plagued with an ageing population, which will cripple the economy if left unresolved. Low fertility rates will stunt China’s growth … Continue reading Taming the dragon: the impact of the Chinese baby bust and how to reverse it 

Unknown's avatarSean TanLeave a comment
Asia, Development

India’s rapid population rise: A blessing or a curse?

The world’s population surpassed 8 billion in November 2022. India and China are currently the two most populous countries, with 1.408 billion and 1.412 billion citizens, respectively. In April 2023, India is expected to overtake China to become the most populated country in the world. This rapid population growth will, no doubt, have numerous impacts on India and the rest of the world, but will … Continue reading India’s rapid population rise: A blessing or a curse?

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International

Econophysics

What is Econophysics?  Econophysics is an interdisciplinary field that combines concepts and methods from physics and economics to study complex economic systems. It applies statistical physics, network theory and other physical models to understand financial markets and the behaviour of economic agents.   History of Econophysics   The term ‘Econophysics’ was coined in 1995 by H Eugene Stanley in reference to the outrageously large number of papers … Continue reading Econophysics

Unknown's avatarEtonomics2 Comments
Europe

Reviving the tiger: Ireland’s property struggles

In Ireland, hidden behind a guise of Guinness, pubs and charm, homelessness runs rampant. The soaring price of houses has made renting the far more attractive alternative. But landlords have seized the opportunity to increase the price of rents too. It is estimated that 50,000 new homes need to be constructed every year in order to ease the shortage, but the real rate of construction … Continue reading Reviving the tiger: Ireland’s property struggles

Unknown's avatarZihan TianLeave a comment
Development, Environment, International

Tourism and Development: the path less travelled

Recent decades have seen an unprecedented amount of economic development as ’emerging nations’ have sought to raise incomes per capita and reduce levels of absolute poverty. Their economies have grown, and citizens have experienced an improvement in their overall standard of living.  Developing countries share some characteristics such as lower growth, lower standards of living, worse education, and lower life-spans, when compared to developed countries. Many … Continue reading Tourism and Development: the path less travelled

Unknown's avatarZihan TianLeave a comment
Europe, International

The likely implications of sanctions on Russia

On 24 February 2022, Russia invaded Ukraine in a significant escalation of the Russo-Ukrainian War (which began In 2014); in response, several countries imposed economic sanctions on Russia. The sanctions saw the various countries introduce an oil embargo, financial sanctions and a freeze of Russia’s currency reserves. The purpose of the sanctions was twofold: to put pressure on the war effort and Putin by undermining … Continue reading The likely implications of sanctions on Russia

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Asia, International

The Dying Tiger: The Challenges Facing ASEAN

The Association of Southeast Asian Nations (ASEAN), an economic bloc consisting of ten nations, is no stranger to praise.  By lifting tariffs on nearly 8,000 goods, increasing business access to neighbouring markets and lowering prices for consumers, it has reached an annual GDP growth of 4.6% (exceeding the global average of 3.2% by a sizeable margin), and has been frequently portrayed as an “unexpected success story … Continue reading The Dying Tiger: The Challenges Facing ASEAN

Unknown's avatarSean TanLeave a comment
Terraced housing in the UK
History, UK

Thatcher and the Right to Buy

Between 1945 and 1979, reducing unemployment remained one of the most crucial macroeconomic objectives of 20th century British fiscal policy. Keynesian economic policy was particularly influential in the period with both Labour and Conservative governments choosing to increase government spending as a part of demand-side strategy, all in the name of battling unemployment, stimulating growth in the economy and nationalising the commanding heights of industries.  … Continue reading Thatcher and the Right to Buy

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International

How Far Can Central Banks Chain Inflation?

After interest-rate cuts and huge quantitative easing in 2020, investors felt that central-bank stimulus would last forever. But free money was coming to an end as COVID-stricken economies began to recover. A tide of inflation was carried alongside them, reaching peaks not seen for 40 years. Central banks scrambled to minimise the impact by increasing rates; the Bank of England (BoE) was first, announcing rate … Continue reading How Far Can Central Banks Chain Inflation?

Unknown's avatarZihan TianLeave a comment
International

China, Taiwan, USA: Conflicts and the impact of technology

Tensions between China and Taiwan escalated significantly in August with the visit of US House of Representatives speaker Nancy Pelosi to Taiwan. Despite Chinese foreign ministry delegate Zhao Lijian warning the US that ‘there [would] be serious consequences if she [insisted] on making the visit’ and President Joe Biden’s discouragement, Pelosi still undertook the journey as part of an overall visit to Asia.  Such tension … Continue reading China, Taiwan, USA: Conflicts and the impact of technology

Unknown's avatarShreyas Veturi2 Comments