The Policy Monitor
Historically, world trade has grown much faster than global production, thus facilitating the growth of the world economy. However, in the recent period, with the start of a skulking trade war by USA with its business rivals and allies, the growth of world trade has slowed to a level lower […]
“The boom, not the slump, is the right time for austerity.” – John Maynard Keynes Should fiscal policymakers try to reduce government debt? As with many of the debates surrounding Macroeconomics, there is no consensus among the different economists regarding this question. The proponents of reducing government debt argue that […]
As we are aware of, the United States and China have been locked in a trade war since the beginning of this year, with the first tariffs being imposed on solar panels to the tune of 30% by the United States, and China imposing 25% tariff on cars, airplanes, soybeans […]
The well-known idea of work as a customary 9 to 5 work with a solitary manager bears nearly nothing likeness to the manner in which a considerable offer of the workforce brings home the bacon. A great amount of independently employed, sector experts and brief labourers—and in addition people leasing […]
“The future of war, is not fighting, but famine, not the slaying of men, but the bankruptcy of nations and the break-up of the whole social organization”. – Ivan Bloch Russian Rail Tycoon Today wars are fought with bonds not bombs. War in 21st century will be fought in the field […]