There have been various attempts in the past to quantify economic losses caused by pandemics using historical data. The World Bank, for instance, estimates severe pandemics like the Spanish flu are likely to re
Tariffs could not generate as much revenue as the personal income tax does, which would result in a deficit, according to a June 20 analysis by PIIE. The report says, “Tariffs are levied on imported goods, which totaled $3.1 trillion in 2023. The income tax is levied on incomes, which...
“It’s going to be much more about the layoffs that follow,” Petersen said. “That’s where the real pain is going to be felt. Shortages mean companies aren’t selling stuff and therefore don’t have the profits that they need to pay their workers.’’ He said the stakes are so ...
Some people think they have the right to use as much fresh water as they want, while others believe governments should tightly control the use of fresh water as it is a limited resource. Discuss both views and give your opinion. Give reasons for your answer and include any relevant examples...
See how much the debt-to-GDP ratios of advanced economies have grown (or shrank) over the time period of 2020-2024.
11 In the past two years, this market segment has seen a rise in the number of new players because it offers a competitive entry point with products that are much smaller than manned warships and submarines. The in-service fleet of unmanned naval systems is growing r...
The original authors of the 1972 Limits to Growth analysis said that they didn’t have much confidence in the accuracy of their forecasts after the decline had begun because of the many omitted factors. The disturbing thing from the 2023 analysis is that it shows industrial output dropping ...
Ranked: Countries by GDP in 2025 The latest estimates for 2025 have America’s and China’s combined GDP at roughly $50 trillion. Of the two, the U.S. is much larger, at about $31 trillion, with China at $19 trillion. Search: RankCountries2025 GDP (in Millions) 1 🇺🇸 U.S....
there is a line connecting it to gender in some way. The boldest of these lines, certainly, concern the rights of women to decide if and when they get married, and if and when they have children. Both of these choices, in much of the world, have been taken away from women, with de...
The assumption is that growth can be “constrained” by a country’s ability to grow its exports in line with GDP.13 As the chart underscores, the United States is an extreme outlier in the global economy. With the trendline plotted, we can calculate how much U.S. living standards (i....