Economy & Markets
Will India circumvent sanctions on Russia? Lessons from Iran sanctions
In the wake of Russian invasion of Ukraine, a slew of sanctions were imposed on Russia. These sanctions target banks, military exports, and oil...
The Impact of the Russia-Ukraine Conflict on Global Financial Markets
Since the outbreak of the Russia-Ukraine war, the global capital markets had experienced the initial plunge on February 24, and then stabilized and rebounded...
Daniel H. Rosen’s Argument Revisited on Post-Covid China
According to Daniel H. Rosen's article "Xi Is Running Out of Time: China's Economy Heads for a Hard Landing," China's economy is on the...
The Impact of Western Financial Sanctions against Russia Cannot be Underestimated
On February 27, the European Union, the United Kingdom, the United States, and Canada issued a joint statement banning some Russian banks from using...
Understanding Universal Basic Income: Experiment in Finland
The scheme of basic income which should be paid in cash in a regular basis without any burden of conditions was thought as a...
How should Chinese Companies Deal with U.S.’ Targeted Sanctions?
On February 7, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a statement adding 33 Chinese entities to the Unverified...
The Root of Debt Crisis of Red Capitalism
The liquidity crisis recently experienced by one of the largest developer companies in China, Evergrande, is the fruit of the long journey of socialism-style...
Including migrants in post-COVID-19 recovery
“My employer ended my contract,” said an Indonesian female domestic worker based in Malaysia. “The restaurant closed due to COVID,” said another migrant who...
Global trade expected to slow, after record high of $28.5 trillion in 2021
Global trade reached a record high in 2021, but it is expected to slow this year for many reasons including continuing delays in global...
The Year 2021: A Series of Macro Records
The year 2021 will feature in the economic textbooks as one of the most peculiar in terms of the macroeconomic backdrop observed across the...