Globalization has significantly influenced economic development worldwide, bringing both opportunities and challenges. By integrating economies through trade, investment, and technology transfer, globalization has contributed to economic growth, improved productivity, and job creation in many regions. However, it has also led to increased competition, income disparities, and environmental concerns in certain[Read More…]

For decades, economists shaped public policy and swayed governments worldwide. But as the political tide shifts and public trust wanes, their once-unassailable influence seems to have faded. Now, the profession is grappling with a critical question: How can economists regain relevance in a world that increasingly questions their authority? The[Read More…]

Europe stands on the brink of profound internal divisions, as economic disparities and political disagreements threaten the continent’s unity. The European Union (EU) is grappling with challenges that could reshape its future. The EU’s initial solidarity in response to Russia’s invasion of Ukraine in 2022 showcased its capacity for unity.[Read More…]

Every year, road crashes claim thousands of lives in the Philippines, leaving families devastated and imposing a significant economic burden on the nation. The Department of Transportation (DOTr) estimates that road traffic accidents cost the Philippine economy approximately PHP 105 billion annually, encompassing medical expenses, loss of productivity, and property[Read More…]

In an age where economic volatility is a global concern, understanding the nuances of monetary policy has never been more critical. Monetary Economics and Policy, written by seasoned economist Mohamed Ariff and renowned academic John Malcolm, provides a comprehensive dive into the mechanics of economic systems, shedding light on the[Read More…]