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Iraqi Kurdistan and Sub-State Economics

Sunday, May 1, 2016 12:58:13 AM America/Denver

When the situation in Iraq is being discussed and analyzed, it’s important to not forget that there are many different sub-state factions in Iraq that are working together (and also against each other) to try to put the country back on its feet. One of these groups, the ethnic section of Iraq known as Iraqi Kurdistan, is absolutely crucial to the success of the country has a whole. This is a challenging situation, as there have often been difficulties, and even flat-out violence between the Kurds and other Iraqi Arabs. However, working together is the only way to work the country through its tumultuous situation. Here’s some information on the state of Iraqi Kurdistan...

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The Weakness of Abenomics

Friday, April 29, 2016 5:07:00 PM America/Denver

Japan is one of the the largest economies on the planet. To be precise, it is the third-largest, behind only the United States and China. However, its current economy might be in a bit of a pickle, due to Shinzo Abe, the two-term Prime Minister of Japan, and his, until now, relatively successful economic program, dubbed “Abenomics”. This program, which was put forward by Abe during 2012, which was the general election for his second term, effectively stimulated the Japanese economy and drove up stock prices. However, there is one factor that could bring Abenomics down across the country. Here is some information on the weakness of Abenomics...

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Japan's Economic Evolution

Monday, April 25, 2016 4:38:00 PM America/Denver

If we measure by nominal GDP, the three largest economies in the world belong to the United States, China, and Japan. Japan, though, didn’t always have the foundation to be such an economic powerhouse. The country has had an interesting journey from being an imperialist theocracy that fought against the Allied powers in World War II, to near economic annihilation, to surprising success in the post-war period. Here is some surprising information about Japan’s period of economic evolution that they have experienced in the time since WWII...

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Growth Is Relative

Thursday, April 21, 2016 4:35:00 PM America/Denver

Today, we measure the health and success of national economies (as well as regional economies) by the growth of their GDP. The thinking is that the more a country is able to grow its GDP, the better that country must be doing at individual factors, such as trade, employment, and industrialization. However, it’s important to note that growth is only one piece of an enormous economic pie. GDP growth is a relative factor to many different things; it’s just one that is more easily digestible to analyze. Here’s some information on the relativity of growth...

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Top Business Languages in the World

Sunday, April 17, 2016 4:31:00 PM America/Denver

The way that we communicate with each other is one of the most important fundamentals of business to understand. Multicultural communication has taken the world from separate nations to a fully-functioning global economy, one where industries and economics can transcend borders for the benefit of all mankind. This is what makes language so important in the business world. However, every person can’t possibly know every language. So which ones should you know? Here are the top business languages in the world...

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China's Growth Problem

Wednesday, April 13, 2016 4:24:00 PM America/Denver

China’s economy is everybody’s problem. The two highest purchasing powers in the world, the United States and the European Union, both depend on China’s highly lucrative manufacturing industry to fuel many business endeavors. The relative size of China’s economy and population makes it a force of nature in global economic networks. If China experiences a slowdown, it has a ripple effect across the entire globe that must be dealt with. Ironically, the explosive growth that grew China to this level of economic importance might be the very thing that causes it to slow down, and put the entire global economy into question. Here’s some information on China’s growth problem...

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Rostow's Stages of Economic Growth pt. 2

Saturday, April 9, 2016 4:18:00 PM America/Denver

This is a continuation of Rostow’s Stages of Economic Growth pt. 1

Maturity

After the initial take-off, an economy much move towards a maturity stage, or else it runs the risk of major instability and contraction, after the initial boom. The industrial sector of the economy begins to diversify and take over multiple industries. New methods of production and technologies begin to develop at a rate that was previously unprecedented. The consumer base of the economy has achieved an incredibly high purchasing power that allows currency to circulate, quickly. This means that most manufacturing begins to focus on this new consumer base. Infrastructure begins to exponentially expand, so that this growth can be enjoyed by the entire geographic area of the economy. This means that transportation modes must be implemented, immediately. Other social programs, such as primary and secondary educational institutions are invested in, as well as investments towards a healthier population, such as hospitals.

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Rostow's Stages of Economic Growth pt. 1

Tuesday, April 5, 2016 4:10:00 PM America/Denver

One of the most important elements of economics is the ability to map out the path to economic growth and prosperity. This, historically, has proven to be a rather difficult thing to do, as there are many factors and ideologies that go into the equation of growth. What works for one country may not work for another, due to geographic, political, or religious factors. However, one major model for mapping this growth is Rostow’s Stages of Economic Growth, which was put forward by Walt Whitman Rostow in the 1960’s. Here is the framework that Rostow laid out...

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Rebuilding Economies in the Middle East

Friday, April 1, 2016 3:51:50 PM America/Denver

In the past decade, many countries in the Middle East have struggled with economic development. This isn’t necessarily a new phenomenon, however, as several countries in the region have always struggled to gain an economic footing, for a variety of reasons. However, many countries have certainly regressed on some economic progress that was made. This leads to the current imperative that exists in the sociopolitical arena to rebuild many of these economies. By further achieving economic stability in the Middle East, along with the current growth of middle African countries, the world moves closer to a more global, stable economy that supports more and more of the world’s population. Here is some information on what must happen to rebuild several of these Middle Eastern economies...

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Social Systems that Doom a Country: Part 2

Tuesday, March 29, 2016 11:20:25 AM America/Denver

This is a continuation of the blog post “Social Systems that Doom a Country”, which examined the differences between the success of liberalized, industrial nations that have enjoyed great economic benefits vs. the difficulty that more autocratic, non-liberalized countries have had in innovating with the modern world.

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Posted By Treasury Vault

Items 1 to 10 of 125 total

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