Economics Explained

Türkiye is facing high inflation and declining currency exacerbated by political turmoil and poor macro-management. The government has introduced new savings accounts to help combat the crisis but economists are concerned about the impact on the country's debt burden.

The stock market fell by 10% in a single week in 2022 but was the crash long overdue? Here we analyze the 2022 10% stock market drop delving into the underlying factors and discussing whether the crash had been long overdue in the financial landscape.

Japan's economy has been stagnant for 3 decades despite various economic policies. Its demographics problem is not unique and quantitative easing impacts different sectors. Confidence may be the most significant factor in recovery.

Russia's economy has struggled due to botched privatization of state-owned industries corruption and income inequality. The waves of sanctions against Russia may make the country regret its past decisions. Russia is not considered a good place to do business despite its abundant natural resources.

Delve into the dynamics of sanctions on Russia examining their efficacy as a threat versus an actual weapon. Explore historical instances that shed light on the impact of sanctions in the complex realm of international relations.

Are we entering a new age where serious downturns caused by genuine economic hardships can be avoided with piles of cash? Or is this all just putting off the inevitable and potentially making it worse further down the road?

Is the idea of reverting to the gold standard a potential solution to the multifaceted economic challenges we are confronted with in today's world? This video delves into the merits and drawbacks of such a move.

Explore Ukraine's economic journey before and after conflicts in 2014 and 2022. Ukraine was Europe's poorest nation and has faced lingering impacts from corruption and post-Soviet challenges. Discover how resilience against Russian aggression has led to lasting economic repercussions.

Boomers are wealthy due to policies they voted for while younger generations struggle financially. Explore how the older generations voting for self-interests have led to others' financial instability inter-generational wealth problems and economic harm.

China's informal economy poses a tax collection problem while an arms race between local governments increases infrastructure and raises the default risks on bonds. Coronavirus lockdowns and tax returns only worsen the problem.

Explore the US's 2022 economic challenge of stagflation—high inflation and weak growth—due to pandemic money injection supply chain disruptions and more. Balancing inflation and growth is crucial with factors like labor costs and corporate profits at play.

Canada is one of the wealthiest economies in the world today. Nonetheless the OECD forecasts the country will stagnate and is poised for the lowest growth of any advanced economy over the next 5 years. So why is Canada struggling to grow and what can this tell us about other advanced economies?

Learn how the US dollar became the world reserve currency after World War II giving the US significant economic advantages. With China vying for their currency to take over discover how their bid for the world reserve currency may change the economic landscape.

Limitless economic growth in a finite world is possible—but how? Discover the fascinating ideas of production GDP growth resource distribution inequality quality manufacturing and digital technology. Get inspired to create a better future economy!

China faces unprecedented challenges but its collapse is unlikely—and shouldn't be encouraged. Rather than face a collapse that would negatively impact the global economy China needs to shift towards value-adding industries deflate its housing market and increase investment in building projects.

Is UBI a viable solution to poverty or income inequality? Explore the pros and cons the feasibility and the funding of Universal Basic Income (UBI).

India's potential as the world's largest economy is hindered by its challenges in infrastructure labor and stability. Protectionist policies the Licensing Raj and the informal economy also pose issues. Confidence is lacking despite sustained growth.

Gulf countries' economic growth is dependent on oil but their reserves are dwindling. Expensive development projects won't attract enough tourists to replace oil income. To diversify they're attracting businesses but stability concerns remain and skilled workers are scarce.

The UK and EU are going through economic hardships primarily caused by high inflation currency devaluation Russian sanctions and the pandemic. The UK must tackle inflation and strengthen the currency to recover. Despite the challenges the UK remains a strong economy.

COVID-19 hit the global economy hard. It highlighted the need for government preparedness and the importance of stimulus measures to reduce impact. Explore how increased government spending led to inflation—and how governments will be more cautious with stimulus measures in the future.

The Swiss economy is among the world's best. Switzerland has a highly productive economy due to its heavy dependence on trade and highly technical industries leading to a strong currency that offsets inflation.

Explore the 2022 Nobel Prize in Economics awarded to Dybvig Diamond and Bernanke for their work on banking in crises. Analyze their research on financial intermediaries their relevance to current global issues and the controversy surrounding Bernanke's role in the Global Financial Crisis.

China's economy is significant but its growth figures are overstated. The country's GDP figures are unreliable and may be manipulated which could affect the lives of millions of people. Could measuring electricity consumption be a viable way to verify GDP growth?

Inflation has led to price hikes in essential goods and services such as housing. As governments and banks have raised interest rates to curb inflation the poor are disproportionately affected. Despite a lag between price adjustments and their effects economies have remained stable.

Nauru the world's smallest island nation was once prosperous due to phosphate mining. Tragically poor management led to environmental degradation and bankruptcy. The country's economy now relies on detention centers and foreign aid causing tension with Australia.