Tag: S23.3

Development, History, Latin America

Venezuela: A Petrostate’s Fall from Grace and The Exodus of Its People

In 1976, Venezuela’s economy was booming amid an oil crisis, and Caracas (its capital) was one of only four destinations to which Concorde, the fastest and most expensive aircraft of its time, alighted. However, the Venezuela of 1976 is a world away from the Venezuela that is currently under the dictatorship of President Nicolas Maduro. In fact, from the 1950s to the early 1980s, Venezuela … Continue reading Venezuela: A Petrostate’s Fall from Grace and The Exodus of Its People

Unknown's avatarNico Sesson FarreLeave a comment
China, International, US

Trade Wars: Explained

Often hailed as the most influential economist ever, Keynes regularly imparted wisdom that shook the foundations of modern economics. His off-hand remarks are now cemented in history, and he is frequently quoted by modern economists and journalists. One of the issues he was very passionate about was the necessity of free trade amongst countries, even going as far as calling protectionism (the opposite of free … Continue reading Trade Wars: Explained

Unknown's avatarTanish NavamaniLeave a comment
UK

Have planning regulations gone too far?

Planning regulations were first introduced in the UK in 1947 to address the pressing need for reconstruction following World War II. The regulations aimed to ensure that the development of houses and infrastructure was carried out in a sustainable and unprejudiced way, considering important factors such as the environment, economy, and social impacts. However, many have argued that these regulations have become overly bureaucratic and … Continue reading Have planning regulations gone too far?

Unknown's avatarelliotdudkoLeave a comment
Finance and Markets, History, International

The Great Financial Crisis

Before COVID, the Great Financial Crisis (GFC) of 2008 was the most severe economic downturn since the Great Depression of the 1930s. Also known as the Global Financial Crisis, the GFC caused a nationwide recession, as well as causing global trade to decrease by 15% between 2008-2009. Nearly every country in the world was affected by the decline of economic growth, the loss of jobs, … Continue reading The Great Financial Crisis

Unknown's avatarOliver De KegelLeave a comment
Europe, Finance and Markets

The Euro – a flawed currency?

The Euro is the official currency of the Eurozone, a currency union consisting of 20 out of the 27 European Union member countries, with Croatia being the most recent to adopt it on the 1st of January 2023. Initially, the Euro was launched as a virtual currency on the 1st of January 1999, only used for things such as accounting and electronic payments. Initially, eleven … Continue reading The Euro – a flawed currency?

Unknown's avatarkitsandersLeave a comment
Economics, Finance and Markets

Economic implications of having a real-life golden goose

WARNING: THE FOLLOWING ARTICLE CONTAINS SPOILERS A few weeks ago, I watched a great film called Puss in Boots. In the movie, Puss teams up with the infamous feline burglar Kitty Softpaws and his childhood frenemy Humpty Dumpty to steal the golden goose and save their hometown, San Ricardo, to make their foster mother proud. They eventually succeed, and the villagers of San Ricardo get … Continue reading Economic implications of having a real-life golden goose

Unknown's avatarLucas PinsentLeave a comment