Written by William Luebkert Nearly fourteen years ago, Syrians demanded political and civil reforms, the release of political prisoners, the resignation of dictator Bashar al Assad, and an end to political corruption. What started as peaceful protests escalated into a full-scale civil war when Assad ordered the Syrian police and military to begin brutal crackdowns…
Category: International Economics
Background on the WTO and recent international trade
Madeline Sesti The shirt on your back, the shoes on your feet, and the device you’re using to read this article likely owe their existence to international trade. In today’s interconnected world, goods cross multiple borders before reaching consumers, shaping economics and everyday life. A recent report from The U.S. Department of Commerce found that…
Op-Ed: Moral Principles in International Trade
Bartu Geyik Op-Ed: Moral Principles in International Trade There is no denying that nations tend to prioritize their own development and prosperity, aiming to maximize social welfare. However, this does not mean that situations where certain economic policies are followed by a country that are harmful to others should be accepted, as the low exchange…
Inflation and Economic Health: A Case Study of Javier Milei’s Plan for Economic Recovery
written by Alexander Milojevic – President Jaview Milei speaking at Viva Europa 2024, May 19 – (Vox España, 2024). Over the past few years in the United States, inflation has been the economic marker on the forefront of most financial news coverage. Due to inflation peaking at 9% in 2022, general economic outlook dipped to…
Op-ed: Potential Beneficiaries and Losers in a Global Tariff War
Written by Meiting Xu Tariffs are well-liked by many around the world, but nobody loves them more than President Donald Trump, who has kept tariffs at the center of his foreign policy. In less than a month since he took office, he had threatened to impose tariffs on Canada, Mexico, China, and Colombia. Colombia yielded…
Inflation and Economic Health: A Case Study of Javier Milei’s Plan for Economic Recovery
President Jaview Milei speaking at Viva Europa 2024, May 19 – (Vox España, 2024). Written by Alexander Milojevic Over the past few years in the United States, inflation has been the economic marker on the forefront of most financial news coverage. Due to inflation peaking at 9% in 2022, general economic outlook dipped to lows…
Falling birth rates, why it is happening and how governments are trying to reverse the trend
written by Ian Shin Across the globe, birth rates are dropping rapidly. According to the Institute for Health Metrics and Evaluation, the global average fertility rate was 2.2 in 2021, and over half of all countries and territories were below the necessary replacement rate of 2.1 children per woman. For countries like South Korea, Taiwan,…
(Op-Ed) The Negative Effects of Protectionist Trade Policy on Michigan Economy
Written By Nikhil Rangarajan The Michigan economy has been boisterous since COVID with Governor Whitmer announcing that 27,000 jobs were added in the 2024 fiscal year. Additionally, wages in manufacturing increased by 5% with plans to continue to grow the automotive industry through workforce and technological innovation. In the electric vehicle industry, batteries and electric…
Solutions to the Spiraling German Economy
Written By Aryan Samaga Introduction Throughout the last 30 years, the German economy has been the envy of much of Western Europe, with consistent growth, a booming manufacturing sector, and genuine individual prosperity. However, due to various factors, since the onset of the 2020s, the German economy has seen a massive slowdown and, at times,…
Peso Preservation: Argentina’s Embrace of Stablecoins for Economic Stability
Written By Elizabeth Cohn In light of Argentina’s political and economic instability, many Argentine citizens have turned to using stablecoins as an alternative to the Argentine Peso. According to Investopedia, Stablecoins are “cryptocurrencies whose value is pegged to that of another currency, commodity or financial instrument” (Hayes, 2024). Unlike Bitcoin or other cryptocurrencies, stablecoins are…