The paper “Reshaping the World Order: The 2008 Financial Crisis, Decline of the United States and China’s Ascent” argues that the collapse of the US housing market was a critical juncture that weakened American hegemony and led to the rise of China as a major global power.
Read MoreThis article explores dollarization in Latin America and studies the experiences of Panama, Ecuador, and El Salvador. By analyzing their dollarization process, it sheds light on both the advantages and drawbacks of this monetary policy shift. Additionally, it draws conclusions pertinent to countries such as Argentina, which is currently contemplating similar measures.
Read MoreOver the past few years, the idea of a wealth tax has has been gaining popularity in Canada. But why is it a good idea? And, perhaps more importantly, why is it not?
Read MoreWhy is the tech industry so prone to monopolies and what can we do about it?
Read MoreHow does economics understand and measure happiness and what does that imply for our everyday lives?
Read MoreThis article dives into the future of wind power as a way to address climate change. It touches upon the newest development of the World’s Tallest Wooden Turbine Tower situated in Sweden while exploring the forces of demand and supply associated with it.
Read MoreDo monetary systems work differently from what we have been taught? This article explores Modern Monetary Theory (MMT), which has been gaining traction in the last decade, as it attempts to explain and challenge our way of thinking about government deficits and spending in sovereign currency issuer countries. It gives us a new lens through which to examine our deficits in real terms, such as underdevelopment, unemployment and education & healthcare deficiencies.
Read MoreThis article discusses the Syrian refugee crisis that began in 2011 and its economic impacts on host countries. It focuses on the challenges and the decline in Syria’s economy, including the hardships they faced during the pandemic.
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