Leaders from France, Germany, India, Italy, Saudi Arabia, the United Arab Emirates, the United States, and the European Union introduced the India-Middle East-Europe Economic Corridor […]
Tag Archives: Economics
China-Pakistan Economic Corridor: Purpose, Challenges, and Criticisms
China and Pakistan first signed the China-Pakistan Economic Corridor or CPEC agreement in 2015 and began formalizing its operation in 2016. The CPEC is an […]
Economic Corridor: Advantages and Disadvantages
The Asian Development Bank coined the term “economic corridor” in 1998 to describe critical networks or connections between economic agents placed along a defined geographic […]
Difference Between Internationalization and Globalization
There is a relationship between internationalization and globalization. The two have some overlaps in their respective definitions. However, when comparing the entire scope of their […]
Difference Between Mitigation and Adaptation
The terms “mitigation” and “adaptation” often tag along in conversations or discourses related to threat evaluation or risk assessment, disaster management, and the ongoing climate […]
Impacts of the Gaza Strip Blockade
The Palestinian region of the Gaza Strip has been under a permanent blockade by Israel and Egypt since 2007. Both countries imposed a temporary blockade […]
Pros and Cons of GDP as a Macroeconomic Indicator
The gross domestic product or GDP of a particular country represents the total monetary value of all final goods and services produced within its borders […]
Causes of Hyperinflation: Explanations and Examples
Hyperinflation is a phenomenon or situation that occurs when the prices of goods and services rise more than 50 percent per month. It is specifically […]
The Relationship Between Corruption and Poverty
Corruption leads to poverty. Poverty also promotes corruption. These two phenomena create an interlocking and self-reinforcing loop that supplements and sustains each. The vicious cyclical […]
Corruption Involving Sovereign Wealth Funds: A Discussion
A sovereign wealth fund can bring forth numerous benefits to a country if handled with expertise, integrity, and diligence. However, despite its advantages, having one […]