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Title of ECONFIX: "ECONFIX – Current issues in economics"
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An interesting piece research that I came across looks at the correlation between corruption and GDP per capital. Global Business Leader & Emerging Countries Expert Abdul Isu states that corruption is not just a violation of public trust but also an economic problem with measurable, quantifiable consequences for productivity, investment, and growth.
He uses data...
On 27 April this year New Zealand and India signed a Free Trade Agreement (FTA) although the agreement has not yet come into force. The theory of trade revolves around a country’s ability to produce a specific good or service more efficiently or at a lower cost than another country. In trade dynamics between India and New Zealand, both nations leverage their unique geographic...
Despite improvements in technology, low unemployment, and economic recovery productivity has remained unusually weak. Economists refers to this as the productivity puzzle as workers as not producing much more output per hour than they were years before. Economists expected productivity to rise because of:
Better technology (AI, automation, digitalisation) Higher le...