Global Economy
Why the GDP is the wrong yardstick to measure prosperity
January 16, 2020From a GDP perspective, nuclear warheads do just as well as hospital beds or apple pie. -David Pilling, Author of the Growth Delusion
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Singapore: The bellwether of Global health system?
January 5, 2020Singapore spends only 4% of its GDP on healthcare but sets-up world-class medical institutions spending 70 % less than Canada and 50% less than the United States. Innovative cost-saving features and health savings have conveyed the small island’s motto of good governance.
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Takeaways from the UN Emission Gap Report, 2019
December 8, 2019In the times to come, climate protection and adaptation investments will become a precondition for peace and stability, and will require unprecedented efforts to transform societies, economies, infrastructures and governance institutions.
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Demand and supply trends affecting the future of work
December 8, 2019Work, worker and workplace- these three terminologies are undergoing a massive transformation today, spurred by the three forces of change- technology, demography and customer empowerment.
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Decoding the Global Competitiveness Report, 2019
October 17, 2019Now while the debate can be the fact that the predicted slowdown is unlikely to manifest itself as huge as the Great Recession (2008-09), what needs to be understood now is Governments are left with fewer policy options today than they did back then in order to stimulate Aggregate Demand.
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Unpaid Care Economy – A long-ignored issue
October 10, 2019However, what recent data suggests is the non-compliance of Feminisation U-hypothesis, about the effects on the unpaid care economy. It happens when women with higher education in urban areas are withdrawing from the labour force, rather than devoting their time to their paid work.
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Why is global growth still fatigued?
August 18, 2019The International Monetary Fund has lowered its global economic growth forecast for the fourth time in nine months as the risks still remain to the ‘downside’. According to World Economic Outlook (WEO) Update July 2019, global growth for 2019 is projected at 3.2 per cent and picking up to 3.5 per cent in 2020.
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How Capitalism can make itself work for everyone?
July 18, 2019A prosperous society, that can support general affluence for EVERY citizen, is achievable because, fortunately, in the near term, we can begin to grow our way out of the lingering, if not swelling unemployment and underemployment by increasing our investment significantly as a ratio of Gross Domestic Product (GDP) resulting in double-digit growth, while simultaneously broadening private, individual ownership of future income-producing productive capital investments, thus initiating the process of empowering EVERY child, woman, and man to build, over time, a viable capital wealth estate and reap the income generated.
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The Economics of Apple – What is the Apple Tax?
June 15, 2019What causes Apple products to constantly push the price ceiling? Some people may be of the opinion that its greed. After all, like all business, Apple too is incentivized by higher profit margins. It has risen to the position of being one of the most valuable companies in the world.
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How Capitalism can make itself work for everyone?
June 15, 2019This will necessarily entail a discussion of how the system is structured, as the policies and rules make a big difference in whether or not EVERY citizen has an equal opportunity to succeed. At the core of the problem are barriers that inhibit or prevent ordinary people from succeeding.
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