Economics
The employees’ wages should be raised to a living wage to enable each employee to meet their needs. Recently, people employed full-time and paid the minimum wage need help to afford basic needs such as shelter, food, qualitative health care, and education. This situation results in poverty and economic insecurity for the employee and the...
Institution Digital transformation is essential for businesses to stay competitive in today’s fast-paced market. Salesforce CRM, a cloud-based platform, enables organizations to automate workflows, gain customer insights, and improve operational efficiency. Clorox, for example, leveraged Salesforce to overcome operational challenges and implement data-driven strategies. By doing so, the company achieved significant performance improvements. This paper...
Institution The technology of distributed registries, whose popularity has increased in the past two decades, has created a wide array of hopes for a global economy pressed by numerous problems. A rather complex algorithm developed to manage distributed ledgers is a vital component of this innovation. Since a person identified as Satoshi Nakamoto published a...
Social Impact of Unemployment During the Great Depression The Great Depression, which set in with the Wall Street crash of October 1929 and extended through to the mid-1930s, was the severest period of economic contraction on record. This phase of the business downturn saw a social decrease in output, a plunge in consumption, and the...
Microfinance has emerged as one of the most powerful tools to alleviate poverty globally, including in India and its villages. A realistic strategy for fighting poverty is based on knowledge of microfinance basics and its influence on poor societies. Through the analysis of all the microfinance models and implications, best practices could be found to...
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Economic Indicators Economic indicators are some of the statistical factors that give a clue to an economy’s general well-being and success. They are critical in business strategy in that they aid companies in predicting changes in demand, supply chain costs, access to capital, and general consumer behavior (Pratt, 2009). Companies need these indicators to get...
Korobilis, D. (2025). Exploring Monetary Policy Shocks with Large-Scale Bayesian VARs. arXiv. https://arxiv.org/pdf/2505.06649 Korobilis presents a high-dimensional Bayesian Vector Autoregression (BVAR) framework to estimate how conventional monetary policy shocks affect economic variables, focusing especially on inflation and its transmission in periods of high inflation (2022-2024). He uses methods combining high-frequency surprises with sign restrictions. The...
Inflation has posed significant global challenges for monetary policy makers due to the numerous impacts that inflationary shocks can create. Inflation has traditionally been generated from cyclical factors, such as consumption and wage growth, whereas people are currently seeing inflation stemming from supply shocks, like increased energy prices and global supply chain interruptions. Moessner et...
How Important is Foreign Direct Investment in the Economic Growth of Developing Countries? Foreign direct investment is crucial in driving economic growth in developing countries. FDI provides an important source of external capital to supplement limited domestic savings and investment in these nations (Ayenew, 2022). From 2005 to 2018, the developing countries in Emako et...
The conflict between Palestinians and Israelis is one of the most protracted and complex in the contemporary world and dates back to the early twentieth century. It originates from the nationalist movement of modern Zionism established in 1897 (History.com Editors, 2018). The Zionist movement aimed to create a Jewish state in Palestine – the area...
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Institution The United States Agency for International Development, or USAID, is a prominent player in giving aid to vulnerable communities across the world and providing critical life support services to the world’s poorest people. USAID is in charge of monitoring the implementation of county-wide programs that are funded by the federal government on an annual...
The United States stock market crash of 1929, also known as the Great Crash (TGC), is inarguably the most infamous financial collapse of the twentieth century. The stock-market slaughter was unforeseen as the US economy was slowly recovering from the post-World War I recession. Between 1922 and 1929, unemployment levels averaged 3.7% while gross national...
Abstract The overreliance of oil as the cornerstone of economy and the main pillar of development has led to economic led to increased pollution in the Kingdom of Saudi Arabia. Across the world, governments have identified electric vehicles (EVs) as a technology that cut the levels of gaseous emissions from transport industry. The purpose of...
Understanding the relationship between inflation and interest rates is essential in macroeconomic analysis and policy formulation. Interest rate affects borrowing, saving, and investment, while inflation affects purchasing power and economic stability. In economic theory, these two variables are linked by the Fischer effect, which postulates that the change in interest rate is directly proportional to...
The Impact of Artificial Intelligence on Employment: “How will the rise of artificial intelligence affect job opportunities in the future?” Artificial intelligence (AI) promotes a revolution in the way nearly all spheres of our lives function, and these workplaces are no exception. On the one hand, AI could potentially bring out the best in the...
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