Essays on World Economy

In this neo-liberal world, everything is linked to theories that systematize consumer behaviours and assume that everyone is acting on rational basis. As it was demonstrated by many great economists and behavioural thinkers, it is not the case. How is it that we still function…

Introduction For the past few years, and currently the Namibian government has been experiencing difficulties based on its economy. However that the nation seemed to have a high gross domestic product (GDP) per capital, country still faces economic instability. It practices both capitalism and communism…

To put into perspective the issue of poverty a CNN report published on July 8, 2015 suggested that 71% of the world’s population remain low-income or poor, living off $10 or less a day, The data and result was from a Pew Research Center report…

Executive summary The instant effect of Brexit will be experienced in the financial market across the globe. The markets might be faulty but they really do amount to real decision by many individual with huge cash flows at stake on what will be the value…

Introduction Just like the Transatlantic Trade and Investment Partnership, the Trans-Pacific Partnership (TPP) is a controversial trade negotiation between 12 countries in the world, ranging from several continents such as Asia, North America, South America, Oceania, and Australia. The trade agreement is in the conclusion…

Between 1990 and 2015, the growth of the Korean economy has been one of the most dynamic in the world. The average annual growth rate of the country’s GDP was 5%, higher than that of the world economy (3%), but lower than that of the…

Sudden changes may hit market by March 2019 (post Brexit). Some believe Euro will break in the coming year as the sentiments are already picking up in the markets. The trade war will result in unexpected trends, and China’s policies and debt may raise risks….

To the era that started in 18th century, focussed only on harnessing maximum value from the labour in order to maximise production. There was no separation between the state and business. Therefore, humans were autonomous giving rise to free will. Classical political economy as a…

Impact of trade war China along with Germany, Canada, Mexico, and some other nations share the reliance of auto industry from the side of USA. In USA, China has heavily invested in buying many factories, building facilities, and creating thousands of jobs. However, Donald trump…