The Asian Development Bank coined the term “economic corridor” in 1998 to describe critical networks or connections between economic agents placed along a defined geographic […]
Tag Archives: Economics
Explained: India-Middle East-Europe Economic Corridor
Leaders from France, Germany, India, Italy, Saudi Arabia, the United Arab Emirates, the United States, and the European Union introduced the India-Middle East-Europe Economic Corridor […]
The Relationship Between Corruption and Poverty
Corruption leads to poverty. Poverty also promotes corruption. These two phenomena create an interlocking and self-reinforcing loop that supplements and sustains each. The vicious cyclical […]
How Does Bitcoin Work? What are Its Pros and Cons?
Bitcoin is a decentralized digital currency and the first digital cryptocurrency invented in 2008 by an individual or a group of individuals that goes by […]
What is the Strategic Bitcoin Reserve: Purpose and Criticisms
United States President Donald Trump signed an executive order on 6 March 2025 establishing the Strategic Bitcoin Reserve and the United States Digital Asset Stockpile. […]
The Major Theories of International Trade
Most countries are engaged in international trade. The exchange of capital, goods, and services among countries and across the global stage has been instrumental in […]
Unrealized Capital Gains: Should They Be Taxed?
The value of assets can increase more than their costs while it is held unsold due to the impacts of various market forces like market […]
Disadvantage of Building More Roads and Widening Existing Ones
Traffic congestion is one of the major developmental problems in urban areas in both developed and developing countries. Some of the cities with the worst […]
Pros and Cons of GDP as a Macroeconomic Indicator
The gross domestic product or GDP of a particular country represents the total monetary value of all final goods and services produced within its borders […]
Tariff Basics: Advantages and Disadvantages
The English word “tariff” comes from the Italian word “tariffa” which was further derived from a similar-sounding Arabic word that translated to “notification” or “inventory […]