Globalization is changing the world economy, opening up new opportunities for countries worldwide. Some experts see it as a driving force for economic development. Others blame it for the environmental damages we’re facing today. One thing is for sure: this process allows national economies from ...
Tax cuts affect individuals differently because of the progressive nature of the tax. Reducing taxes on a family with a smalladjusted gross income (AGI)will save them less in total dollar amounts than a slightly smaller tax cut on a family with a much higher salary. Across-the-board cuts w...
As the U.S. government andconsumer debtrise, interest rates are maintained near zero in an attempt to stimulate the U.S. economy. When the economy recovers and grows, interest rates increase in an attempt to slow inflation. Economics Even with historically low interest rates, ...
Now, with the crisis affecting health, the economy, climate change, and social justice, there’s an even greater need to make purpose much more than a mission statement. To create an authentic purpose narrative, a company must take the following steps: Ex...
How will growth in China and India affect the world economy? Review of World Economics/Weltwirtschaftliches Archiv. 145(3): 551-571.Dimaranan, Betina V., Elena I. Ianchovichina & Will J. Martin (2009). "How Will Growth in China and India Affect the World Economy?" Weltwirtschaftliche...
Had adequate testing capacity been built up in January and February, when there was a chance to do so, the country would be in a better position to selectively reopen. As it is, the economy will sputter until testing capacity is sufficiently extended. Harm of Sustained Shutdowns The ...
Thus, China’s growth rate has been close to twice as fast as Southeast Asia. While China’s rapid growth has been impressive, it is very hard to maintain. Southeast Asia’s slower growth curve, which is still somewhat rising, would seem to be easier to maintain. If it does start to...
Our world is more interconnected than ever. So when conflicts happen, they affect the economies of many other countries. Usually, neighboring countries suffer the most. They are the most impacted by geopolitical tensions and refugee flows, which can put a major strain on resources. But countries...
Part of the Series Global Trade Guide Currency fluctuations can have wide-ranging impacts on the economy. A natural outcome of floating exchange rates, they can affect commerce, economic growth, capital flows, inflation, interest rates, and beyond. A currency's exchange rate is typically ...
How does China’s carbon emissions trading (CET) policy affect the investment of CET-covered enterprises? Energ. Econ. 2021, 98, 105224. [Google Scholar] [CrossRef] Wang, S.S.; Chen, G.; Han, X. An Analysis of the impact of the emissions trading system on the green total factor ...