Written by Allison Libbe Since the end of World War Two, the United States and Germany have been economic sisters across the Atlantic. Both nations relied heavily on manufacturing and commodities to establish an economic foothold in the post-war era. President Eisenhower’s Marshall Plan, which provided reconstruction assistance across Europe, kept the United States and…
Category: International Economics
Indonesia’s Plan to Fight the Recession from the Pandemic
Written by Radi Akbar The coronavirus pandemic has not just affected the daily lives of many people but has significantly changed the global economy. Due to the virus, the world is experiencing a global recession where many countries have high unemployment rates due to protocols to reduce the spreading of the virus. Although all countries…
Is the Technology Cold War a lose-lose for the U.S. and China
Written by Pak Yin Huang Thirty years ago, the internet had just started to bloom, and there was no such thing as online shopping, social media, the smartphone. Technology is integrated into our daily life these days. Scrolling Instagram’s stories, buying stuff at Amazon, playing games on smartphones has become part of our daily routines.…
A City in Distress
Written by Sarah Shetty The COVID-19 pandemic has ravaged countries around the globe, penetrating nearly every aspect of our day-to-day lives. Arguably one of the most important consequences resulting from this pandemic, is that it has forced us to recognize the economic inequality that persists between social class. Unlike the U.S., which is currently leading…
The Past and Present of India’s Economic Slump
Written by Aakriti Badyal Home to a population of over 1.3 billion people, India has been largely economically impacted by the COVID-19 pandemic. Prior to the pandemic, India had been facing an economic downturn growth rate declining since the fiscal year 2018. COVID-19 has exacerbated the situation and India’s economy shrank by a record 23.9%…