Political Economics

Under the Shadow of the Great Recession – Room For Discussion

More on a decade following the most devastating financial crisis since the Great Depression. The effects of a crisis are experienced today. Its outbreak occurred on September 15, 2008, when the investment bank Lehman Brothers filed for bankruptcy. As of that moment, the United States collapsed and then the rest of the developed economies followed.
CONTINUE READING

Sick countries and the IMF Rescues: The right prescriptions?

In 2018, Argentina received a loan package of $57.1bn, the biggest in the history of the International Monetary Fund (IMF.) It was aimed to recover the peso and from a state of recession. Also, Ecuador obtained a $10.2 billion finance deal intended to stabilize the economy and help to pay its debts. However, in recent months the
CONTINUE READING

Incentivised Democracy

Should the EU withdraw Cambodia's tariff-free status?

With its average GDP growth of 7.7 percent between 1995-2017, Cambodia was the world’s sixth fastest growing economy. The skyline of its capital city, Phnom Penh, is increasingly dominated by skyscrapers. Its landmarks – the Royal Palace, the Independence Monument, and Tuol Sleng Genocide Museum – attest to the many periods of the country’s turbulent
CONTINUE READING