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Written by Chongrong Wang, Year 12
November, 2024
Over the last decade, some countries have been accumulating debt at a relentless speed and have been struggling to pay back its interest with the governments budget. In the UK, the budget of 2024-2025 (obr.uk) shows that government spending on healthcare and education far exceeds the spending on debt interest
Written by Luomeng Zhang, Year 11
October 2024
The global energy crisis has become a central issue affecting economies worldwide. Rising energy prices, driven by fossil fuel scarcity and geopolitical tensions, are causing market instability.
Written by Akane Hirono, Year 12
September 2024
The Thailand Land Bridge Project represents an ambitious and transformative initiative designed to reshape global maritime logistics and elevate Thailand’s economic standing on the world stage.
Written by Charyanath Seneviratne,Year 12
August 2024
The Asian Financial Crisis of 1997 was a monumental event in the history of global economics, marking one of the most severe financial upheavals since the Great Depression.
Written by Ashvika Bansal, Year 12
15 July, 2024
These days, the stock market has become a common interest for many households.Investing has become a popular way for people of all ages to potentially increase their income. From young adults to senior citizens, many individuals are taking a chance on various markets in the hopes of growing their money and hitting it big.
China’s Economic Slowdown
Written by Seunghyo Lee. Year 10
20th July 2024
China's economy, once characterised by rapid growth and robust expansion, is now facing a period of significant slowdown. This shift from high-speed growth to more moderate rates is reflective of deeper structural changes and external pressures impacting the world's second-largest economy.
Various Impacts of load shedding within South Africa
Written by Ethan White, Year 11
18 June, 2024
Load shedding or South Africa's Energy crisis is a long, ongoing period of widespread blackouts of energy supply beginning in the later months of 2007. It is a prominent issue pestering many South Africans around the country and is not without its own issues.
Written by Chongrong Wang, Year 11
15th June ,2024
The impact and contribution of the top 1% is an often debated and a complex argument, while their contributions are significant but it does not necessarily mean they contribute to the economy more than the Middle Class, due to the Middle Class’s sheer size are the backbones and drives the consumer spending and stimulates the economy.
The dilemma of US-China trade policy: Balancing Prosperity and Inequality
Written by Yoochan Hwang, Year 11
2nd April, 2024
The United States is grappling with the significant impacts of China's rapid increase in global prominence. The US trade deficit, reaching $621 billion in 2018 and $419.2 billion with China (Deaux et al., 2018), instigates the Trumpian trade war, which has "taken a sledgehammer" (Feng, 2020) to US-China relations, breaking off from its bilateral trade.
Writen by BPS Economists, 30th January, 2023
The UK's withdrawal from the European Union has not been without its challenges. Britain's economy was also adversely harmed by this action, which minimised trade with the EU. Due to increased paperwork, trade restrictions, and customs checks, their exports appear less attractive due to their high cost, resulting in higher expenses for businesses and consumers in the UK.
