Tag: S25.1

Finance and Markets, Geography, International

The Bretton Woods System

The Bretton Woods System: a Blueprint for a Globalised Economy The Bretton Woods System was a set of international economic and financial agreements established in July 1944 during a conference in Bretton Woods, New Hampshire, USA, towards the end of WW2. The agreements intended to establish a renewed framework for the global economy, stabilise the international monetary system, and prevent economic conflicts such as protectionism … Continue reading The Bretton Woods System

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Geography, International

Low Fertility and its Economic Consequences

What are the causes and consequences of low fertility rates in advanced economies? How can we combat them?   Introduction  In this article, the aim is to explain and find ways to combat the main causes of low fertility rates in advanced economies: the cost-of-living crisis, the declining rates of child mortality and the empowerment of women, which encompasses both their higher education and the increased … Continue reading Low Fertility and its Economic Consequences

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Development, Economics, Finance and Markets, Long Read

Emerging Markets: Is the Risk Worth the Reward?

When considering a country’s economy there are two types: emerging and developing. An emerging economy is characterised by transition in the economy of a nation from a pre-industrial, underdeveloped economic environment into an industrially competitive one which exhibits some, but not all, of the characteristics of a well-developed economy. The term ‘emerging market’ was first used by Antonie Van Agtmael of the International Finance corporation … Continue reading Emerging Markets: Is the Risk Worth the Reward?

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Behavioural, Economics

Nash’s Equilibrium and Dating

The Dating Game and Nash Equilibrium: Why Most Don’t Find the Perfect Match  Love, Logic, and the Inevitable Bad Match:  Dating, as simple as it sounds, should be for people to meet, like each other, and form a perfect match. Reality, however, is rather messy—it is governed by strategic decision making and inefficiencies similar to those found in ‘game theory’.  Dating at Eton is one-sided and … Continue reading Nash’s Equilibrium and Dating

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Americas, Development, Economics, Latin America, Politics

Cuba’s Currency Crisis

How a dual system distorted the economy  For decades, Cuban people lived with two different currencies in their pockets: the CUP (Cuban National Peso) and the CUC (Convertible Peso). However, it was not always this way. Following the collapse of the Soviet Union, the CUC was introduced in order to stabilise the economy—but at what cost? Whilst the implementation of the CUC helped stabilise the … Continue reading Cuba’s Currency Crisis

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